NOT LISTED FOR SALE

Estimated Value: $239,660 - $271,000

1 Bed
1 Bath
820 Sq Ft
$800/mo HOA Fee

Last Sold January 16, 2024

Last sale price $249,900 $305 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,352/month

21 Days on Market

Highlights

  • Fitness Center
  • Traditional Floor Plan
  • Wood Flooring
  • Takoma Park Middle School Rated A
  • Traditional Architecture
  • Community Pool

About This Home

As of January 2024

Discover the perfect blend of convenience and comfort with this attractive 8th-floor corner unit in Silver Spring's renowned Mica Condominium community. This cozy 1-bedroom, 1-bath condo with all utilities included spanning an ample 820 square feet is not just a home; it's a lifestyle choice for those who value urban living with a touch of elegance.

One of the standout features of this condo is its deeded parking space, a prized asset in urban living. This designated parking spot eliminates daily parking hassles and adds an extra layer of convenience to your life. Additionally, the condo's maintenance services are a significant benefit. Many maintenance needs are covered at no additional cost, and others are available for a minimal fee, ensuring that your home remains in top condition without breaking the bank.

The interior of this condo is thoughtfully designed to maximize space and comfort. The open layout flows seamlessly from the living area to the bedroom, creating an inviting atmosphere filled with natural light. The spacious bedroom, coupled with a generous walk-in closet, provides a tranquil retreat from the hustle and bustle of city life.

Location is paramount, and this condo excels. Situated less than half a mile from the Silver Spring Metro Station, it puts the vibrancy of downtown Silver Spring and the greater D.C. area within easy reach. The neighborhood is a treasure trove of shops, parks, restaurants, and entertainment options, all just a stroll away, affirming a Walk Score of 93.

But perhaps the most enticing feature is the financial opportunity the Montgomery County $25,000 MMP grant presents. This grant can help make homeownership a reality with less upfront cost than a security deposit on an apartment, a game-changer for first-time buyers or those seeking a wise investment.

Mica Condominiums also offers a suite of amenities to enrich your living experience, including an outdoor pool, a fitness center, and a community garden, fostering a sense of community and well-being.

This condo is more than a place to stay; it's a gateway to a lifestyle of ease, convenience, and accessibility. Embrace the opportunity to live in a home that blends comfort with urban sophistication. Schedule your visit today and take the first step towards owning a piece of Silver Spring's vibrant community, supported by the exceptional advantage of the Montgomery County $25,000 grant.

Check out the beautiful virtual tour!

The seller prefers KVS Title. The buyer will receive a $500 closing cost credit if KVS is selected.

Last Agent to Sell the Property

Shalisha Ragland

(703) 593-6181 shalisha@thedmvhomegirl.com Pearson Smith Realty, LLC License #SP200201629 Listed on: 11/10/2023

Pearson Smith Realty, LLC

Last Buyer's Agent

Carole Watson

(240) 304-7364 caroleandnyya@lnf.com Long & Foster Real Estate, Inc. License #577966

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1968

Lot Details

  • 44

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 8th floor
  • Brick Exterior Construction

Interior Spaces

  • 820 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Summer or Winter Changeover Switch For Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303553628

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, insurance, pool(s), reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Mica Codm @ Silver Spring Subdivision

Amenities

  • Billiard Room
  • Party Room
  • Community Storage Space

Recreation

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,855

Year Built

Built in 1968

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-10
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven - Single, Refrigerator, Washer
  • Entry Floor: 8
  • Interior Amenities: Kitchen - Galley, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Has Laundry
  • Total Sq Ft: 820
  • Living Area Sq Ft: 820
  • Price Per Sq Ft: 304.76
  • Above Grade Finished Sq Ft: 820
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Summer/Winter Changeover
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 800.09
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Elevator, Exercise Room, Extra Storage, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2855.00
  • Assessor Parcel Number: 161303553628
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 11, 2024
Sold by
Hildebrandt Claire E
Bought by
Davis Howard and Davis Angela
Seller's Agent
Shalisha Ragland
Pearson Smith Realty, LLC
Buyer's Agent
Carole Watson
Long & Foster Real Estate, Inc.
List Price
$254,900
Sold Price
$249,900
Premium/Discount to List
-$5,000
-1.96%
Views
199
Current Estimated Value
$251,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,097
Avg. Annual Appreciation
0.84%
Original Mortgage
$99,900
Outstanding Balance
$95,858
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$158,307

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 29, 2017
Sold by
Thurston Edward
Bought by
Hildebrandt Claire E
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Colleen Conner
Long & Foster Real Estate, Inc.
List Price
$249,999
Sold Price
$247,000
Premium/Discount to List
-$2,999
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%

Purchase Details

Closed on
Feb 4, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Thurston Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,255
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2008
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Thurston Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,255
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Davis Howard $249,900 Stewart Title
Davis Howard $249,900 Stewart Title
Hildebrandt Claire E $247,000 Flynn Title
Thurston Edward $292,900 --
Thurston Edward $292,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Howard $99,900
Closed Davis Howard $99,900
Previous Owner Thurston Edward $278,255
Previous Owner Thurston Edward $278,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2024 01/16/24 Sold $249,900 0.0% $305 / Sq Ft
11/17/2023 11/17/23 Price Changed $249,900 -2.0% $305 / Sq Ft
11/10/2023 11/10/23 For Sale $254,900 +3.2% $311 / Sq Ft
12/29/2017 12/29/17 Sold $247,000 -1.2% $301 / Sq Ft View Prior Sale
12/17/2017 12/17/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $249,999 -- $305 / 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 $3,670 $250,000 $75,000 $175,000
2022 $2,015 $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 $2,614 $220,000 $0 $0
2016 $2,780 $220,000 $0 $0
2015 $2,780 $220,000 $0 $0
2014 $2,780 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2112514

Bright MLS

APN: 13-03553628