NOT LISTED FOR SALE

Estimated Value: $243,356 - $341,000

1 Bed
1 Bath
860 Sq Ft
$699/mo HOA Fee

Last Sold November 05, 2020

Last sale price $260,000 $302 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,406/month

13 Days on Market

Highlights

  • Fitness Center
  • Gourmet Galley Kitchen
  • Open Floorplan
  • Hayes Elementary School Rated 9+
  • City View
  • Midcentury Modern Architecture

About This Home

As of November 2020

*ALL UTILITIES INCLUDED IN CONDO FEE* All you need to do is unpack! This condo has new paint, new carpet, and plenty of room for everything you want to do at home. Enjoy your very own home office with a built-in desk. Try your green thumb on the balcony, taking in views of the skyline and Rock Creek Park. Kick back in the sumptuous living/dining room, or get some rest in the bedroom, which has a huge walk-in closet. At the Mica, all utilities are included in the condo fee, along with one reserved parking space. The complex has a swimming pool, exercise room, party room, and secure bike parking. When you're ready to step out, walk to shops, restaurants, and entertainment in downtown Silver Spring, and the Red Line and buses are just a few blocks away.

Last Agent to Sell the Property

Daniel Reed

(202) 256-7238 dan@livinginstylehomes.com Living In Style Real Estate Listed on: 09/22/2020

Last Buyer's Agent

Nurit Coombe

(202) 318-3428 nurit@teamnurit.com The Agency DC License #533175

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1968 | Remodeled in 2005

Lot Details

  • Downtown Location
  • Property is in excellent condition

HOA Fees

  • $699 Monthly HOA Fees

Property Views

  • City
  • Woods

Home Design

  • Midcentury Modern Architecture
  • Entry on the 5th floor

Interior Spaces

  • 860 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Bar
  • Combination Dining and Living Room
  • Home Office
  • Intercom

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #P29
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303553275

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, electricity, gas, heat, lawn maintenance, management, parking fee, pool(s), recreation facility, snow removal, trash, water
  • High-Rise Condominium
  • Mica Condominium At Silver Spring Condos
  • Mica At Silver Spring Metro Community
  • Mica At Silver Spring Metro Subdivision
  • Property Manager

Recreation

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Party Room
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,623

Year Built

Built in 1968 | Remodeled in 2005

Lot Details

0

HOA Fees

$699 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Mid-Century Modern
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-23
  • Federal Flood Zone: No
  • Year Built: 1968
  • Year Renovated: 2005
  • Assigned Parking Space Numbers: P29
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Gas
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Kitchen - Galley, Kitchen - Gourmet, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Office
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 296.51
  • Above Grade Finished Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Spa: No
  • View: City, Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 698.65
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mica Condominium at Silver Spring
  • HOA Condo Co-Op Amenities: Fitness Center, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Electricity, Gas, Heat, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 75000.00
  • Property Condition: Excellent
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105351
  • Tax Annual Amount: 2623.00
  • Assessor Parcel Number: 161303553275
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 5, 2020
Sold by
Inamdar Aditya Satish
Bought by
Rubenstein Seth and Rubenstein Rachel
Seller's Agent
Daniel Reed
Living In Style Real Estate
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Current Estimated Value
$277,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,089
Avg. Annual Appreciation
1.26%
Original Mortgage
$247,000
Outstanding Balance
$219,795
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,294

Purchase Details

Listed on
May 5, 2016
Closed on
Aug 10, 2016
Sold by
Coe Michael G and Coe Charles G
Bought by
Inamdar Aditya Satish
Seller's Agent
Dorothy Stein
Compass
Buyer's Agent
Cammie Reed
Living In Style Real Estate
List Price
$260,000
Sold Price
$248,000
Premium/Discount to List
-$12,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%
Original Mortgage
$235,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Coe Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Coe Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rubenstein Seth $260,000 Covenant Title & Escrow Llc
Inamdar Aditya Satish $248,000 Westcor Land Title Ins Co
Coe Michael G $279,900 --
Coe Michael G $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubenstein Seth $247,000
Previous Owner Inamdar Aditya Satish $235,600
Previous Owner Coe Michael G $223,920
Previous Owner Coe Michael G $223,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2020 11/05/20 Sold $260,000 +2.0% $302 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $255,000 +2.8% $297 / Sq Ft
08/10/2016 08/10/16 Sold $248,000 -2.4% $289 / Sq Ft View Prior Sale
07/04/2016 07/04/16 Pending -- -- --
06/19/2016 06/19/16 Price Changed $254,000 -2.3% $296 / Sq Ft
05/05/2016 05/05/16 For Sale $260,000 -- $303 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,978 $240,000 $72,000 $168,000
2024 $2,978 $250,000 $75,000 $175,000
2023 $2,286 $250,000 $75,000 $175,000
2022 $2,163 $250,000 $75,000 $175,000
2021 $2,159 $250,000 $75,000 $175,000
2020 $4,092 $240,000 $0 $0
2019 $1,932 $230,000 $0 $0
2018 $1,823 $220,000 $66,000 $154,000
2017 $1,922 $220,000 $0 $0
2016 $2,088 $220,000 $0 $0
2015 $2,088 $220,000 $0 $0
2014 $2,088 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC723584

Bright MLS

APN: 13-03553275