NOT LISTED FOR SALE

13701 Modrad Way Unit 13 Silver Spring, MD 20904

Fairland Neighborhood

Estimated Value: $213,000 - $251,976

2 Beds
2 Baths
1,052 Sq Ft
$459/mo HOA Fee

Last Sold May 10, 2024

Last sale price $207,000 $197 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,926/month

22 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Main Floor Bedroom
  • Paint Branch High School Rated A-
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of May 2024

Beautiful completely renovated ground level condo in a quiet and peaceful setting in Silver Spring featuring 2 spacious bedrooms, living room and breakfast bar. Master bedroom has its own patio providing considerable privacy and restful enjoyment. Other amenities include swimming pool, fitness center and community room for group gatherings. Easily and conveniently accessible to Inter connector I-95/ 200.

Last Listed By

O'Ranti Robinson

EXP Realty, LLC License #BR98372120 Listed on: 03/12/2024

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1988

Lot Details

  • 2,788

HOA Fees

  • $459 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Rented or Permit Required
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Property is in average condition
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 160502755252

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Low-Rise Condominium
  • The Vineyards Codm Community
  • The Vineyards Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,370

Year Built

Built in 1988

Lot Details

0

HOA Fees

$459 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: **COMMUNITY NOT FHA APPROVED**Great location for a nice 2BR/2BA condominium in the Silver Spring area. Sun-filled and very bright unit with an area view from every room. Private bathrooms and spacious closet spaces in both bedrooms. Closet Galore throughout and a separate dining area. The condo has a full-size washer and dryer for convenient laundry chores, a fireplace, living room sliding door leading to 2 nice patios with a great view of the community while enjoying your relaxation moments. Well-maintained community and permit-required parking spaces for both guests and residents. The condo unit comes with additional storage space, a community swimming pool, a party room, and a clubhouse/gym/fitness center. Nice starter condo at a great price. Great central location and close distance to many amenities. Route 29, the ICC, I-270, I-95, and the like make the location so attractive. Come put your design stamp on this spacious unit and make it yours! The condo is fully available to ALL BUYERS. Call the listing agent for any questions!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Fully Carpeted
  • Interior Amenities: Carpet, Dining Area, Entry Level Bedroom, Bathroom - Soaking Tub, Bathroom - Tub Shower, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1052
  • Living Area Sq Ft: 1052
  • Price Per Sq Ft: 192.02
  • Above Grade Finished Sq Ft: 1052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 13701

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Utilities: Sewer Available, Water Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 459.12
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Exercise Room, Extra Storage, Fitness Center, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Average
  • Year Assessed: 2023
  • Zoning: R
  • Zoning Description: Residential
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2370.00
  • Assessor Parcel Number: 160502755252
  • Tax Total Finished Sq Ft: 1052
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 11, 2024
Sold by
Cascade Funding Mtg Trust Hb7
Bought by
Cr Meade Properties Llc
Seller's Agent
O'Ranti Robinson
EXP Realty, LLC
Buyer's Agent
Aaron Blucker
Redfin Corp
List Price
$202,000
Sold Price
$207,000
Premium/Discount to List
$5,000
2.48%
Total Days on Market
22
Views
308
Current Estimated Value
$227,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,994
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Jun 16, 2023
Sold by
Ward Carrie M
Bought by
Cascade Funding Mortgage Trust Hb7

Purchase Details

Closed on
Feb 1, 2023
Sold by
Bierman Howard N
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
Jun 22, 2007
Sold by
Hill Holly A
Bought by
Fleming Eli W

Purchase Details

Closed on
May 24, 2007
Sold by
Hill Holly A
Bought by
Fleming Eli W

Purchase Details

Closed on
Aug 12, 2005
Sold by
Perovich Gina M
Bought by
Hill Holly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2002
Sold by
Patsel Lauren B
Bought by
Perovich Gina M

Range of Values:

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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
Cr Meade Properties Llc $207,000 Crown Title
Cascade Funding Mortgage Trust Hb7 $210,000 None Listed On Document
Cascade Funding Mortgage Trust $210,000 --
Fleming Eli W $261,000 --
Fleming Eli W $261,000 --
Hill Holly A $239,900 --
Perovich Gina M $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hairston Virginia $313,500
Previous Owner Hairston Virginia $280,500
Previous Owner Hill Holly A $191,920
Previous Owner Hill Holly A $47,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2024 10/27/24 Off Market $2,100 -- --
09/30/2024 09/30/24 For Rent $2,100 0.0% --
05/10/2024 05/10/24 Sold $207,000 +2.5% $197 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $202,000 -- $192 / 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
2024 $2,430 $205,000 $0 $0
2023 $2,370 $200,000 $0 $0
2022 $1,572 $195,000 $58,500 $136,500
2021 $1,389 $183,333 $0 $0
2020 $2,517 $171,667 $0 $0
2019 $1,128 $160,000 $48,000 $112,000
2018 $1,094 $156,667 $0 $0
2017 $147 $153,333 $0 $0
2016 $1,065 $150,000 $0 $0
2015 $1,065 $150,000 $0 $0
2014 $1,065 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2123778

Bright MLS

APN: 05-02755252