NOT LISTED FOR SALE

Estimated Value: $228,912 - $268,000

1 Bed
1 Bath
848 Sq Ft
$736/mo HOA Fee

Last Sold January 04, 2023

Last sale price $230,000 $271 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,283/month

96 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Community Pool
  • Hayes Elementary School Rated 9+
  • Open Floorplan
  • Game Room

About This Home

As of January 2023

Located in the heart of Downtown Silver Spring, this light-filled condo has plenty of space and is just steps from shopping, Metro and more. As you enter the home, notice the entryway closet and the new flooring running throughout. The oversized living room has a big picture window and enough space to create a separate home office/work area. The ample dining area is adjacent to the kitchen which features stainless steel appliances and granite countertops. The hallway to the bedroom has an in-unit washer/dryer combo and a linen closet for extra storage. The bedroom has two closets and will accommodate a king-sized bed. A nicely-appointed full bath completes the unit. All major utilities covered by condo fee. Amenities include an outdoor pool, state-of-the-art fitness center, billiards and movie room. One outdoor parking space included. Convenient location on the first floor means no need to use the elevator. Here's what's nearby: 0.2 mi to Blair Park Shopping Center (Giant Food, CVS, Restaurants), 0.3 mi to Silver Spring Metro, 0.7 mi to Downtown Silver Spring, 0.7 mi to The Fillmore, AFI Silver Theatre, 0.8 mi to Whole Foods Market

Last Agent to Sell the Property

Deborah Gerald

(301) 873-0422 debbie@gobrentrealty.com Compass License #645018 Listed on: 09/15/2022

Compass

Last Buyer's Agent

Morgan Russell

(240) 305-3560 morgan@gobrent.co Compass License #681212

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1968

Lot Details

  • 44

HOA Fees

  • $736 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 848 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Assigned parking located at #p42
  • Parking Lot
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303552704

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, management, snow removal, trash
  • High-Rise Condominium
  • Mica At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Game Room
  • Billiard Room
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,855

Year Built

Built in 1968

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-09-17
  • Federal Flood Zone: No
  • Year Built: 1968
  • Assigned Parking Space Numbers: p42
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Gas, Dishwasher, Disposal, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 1
  • Interior Amenities: Floor Plan - Open
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 848
  • Living Area Sq Ft: 848
  • Price Per Sq Ft: 288.92
  • Above Grade Finished Sq Ft: 848
  • 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

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

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 735.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Concierge, Elevator, Fitness Center, Game Room, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Management, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 75000.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105294
  • Tax Annual Amount: 2855.00
  • Assessor Parcel Number: 161303552704
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Jan 4, 2023
Sold by
Monges Judy
Bought by
Chapa Lucas
Seller's Agent
Deborah Gerald
Compass
Buyer's Agent
Morgan Russell
Compass
List Price
$260,000
Sold Price
$230,000
Premium/Discount to List
-$30,000
-11.54%
Views
21
Current Estimated Value
$246,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,728
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Jun 25, 2010
Sold by
Cheng Judy
Bought by
Cheng Judy

Purchase Details

Closed on
Nov 21, 2008
Sold by
Alabi Olanrewaju
Bought by
Sutton Funding Llc

Purchase Details

Closed on
Mar 12, 2008
Sold by
Alabi Olanrewaju
Bought by
Sutton Funding Llc

Purchase Details

Closed on
Apr 18, 2007
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Alabi Olanrewaju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,980
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 9, 2007
Sold by
Springwood Blair Mill Assoc Llc
Bought by
Alabi Olanrewaju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,980
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
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
Chapa Lucas $230,000 Land Title
Cheng Judy -- --
Sutton Funding Llc $225,364 --
Sutton Funding Llc $225,364 --
Alabi Olanrewaju $299,900 --
Alabi Olanrewaju $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alabi Olanrewaju $59,980
Previous Owner Alabi Olanrewaju $239,920
Previous Owner Alabi Olanrewaju $239,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2023 01/04/23 Sold $230,000 -6.1% $271 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $245,000 -3.5% $289 / Sq Ft
10/05/2022 10/05/22 Price Changed $254,000 -2.3% $300 / Sq Ft
09/15/2022 09/15/22 For Sale $260,000 0.0% $307 / Sq Ft
08/29/2013 08/29/13 Rented $1,700 -5.6% --
08/28/2013 08/28/13 Under Contract -- -- --
07/24/2013 07/24/13 For Rent $1,800 -- --
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 $220,000 $66,000 $154,000
2024 $2,978 $250,000 $75,000 $175,000
2023 $2,978 $250,000 $75,000 $175,000
2022 $2,015 $250,000 $75,000 $175,000
2021 $3,583 $315,000 $94,500 $220,500
2020 $3,114 $273,333 $0 $0
2019 $2,642 $231,667 $0 $0
2018 $2,177 $190,000 $57,000 $133,000
2017 $1,570 $190,000 $0 $0
2016 $2,088 $190,000 $0 $0
2015 $2,088 $200,000 $0 $0
2014 $2,088 $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2068304

Bright MLS

APN: 13-03552704