$208,900
SOLD FEB 12, 2025

13701 Modrad Way Silver Spring, MD 20904

2 Beds
2 Baths
950 Sq Ft
$421/mo HOA Fee

Recently Sold

$220 Per Sq Ft

13% Below List Price

220 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Contemporary Architecture
  • Paint Branch High School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of February 2025

Very motivated Seller!! Lease/Tenant in place and possible extension. Investor opportunity, currently leased for several more months, through March 2025. A very good rental rate to boot. Let the tenant cover your expenses for the next six (6) months! Awesome ground-level Two (2) Bedroom, Two (2) bath condo with covered patio. Kitchen has been updated with granite counters, stainless steel appliances, recessed lights. The Primary Suite has an en-suite bath and large walk-in closet. The unit has a fireplace. The community has a pool, clubhouse, and exercise, and is Pet friendly.

Convenient access to the I-CC (200) providing easy travel to West Montgomery County towards I-270 and Baltimore, via I-95.

Last Agent to Sell the Property

Thomas Riley

TTR Sotheby's International Realty License #17567 Listed on: 05/30/2024

TTR Sotheby's International Realty

Co-Listed By

Corey Burr

TTR Sotheby's International Realty License #35846

Last Buyer's Agent

Geovanni Argueta

Real Broker, LLC License #667855

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1988

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Penthouse
  • Contemporary Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Entry Slope Less Than 1 Foot
  • Playground
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 160502755241

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), reserve funds
  • Low-Rise Condominium
  • The Vineyards Codm Community
  • The Vineyards Codm Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,296

Year Built

Built in 1988

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Entry Slope <1'
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-30
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Very motivated Seller!! Lease/Tenant in place and possible extension. Investor opportunity, currently leased for several more months, through March 2025. A very good rental rate to boot. Let the tenant cover your expenses for the next six (6) months! Awesome ground-level Two (2) Bedroom, Two (2) bath condo with covered patio. Kitchen has been updated with granite counters, stainless steel appliances, recessed lights. The Primary Suite has an en-suite bath and large walk-in closet. The unit has a fireplace. The community has a pool, clubhouse, and exercise, and is Pet friendly. Convenient access to the I-CC (200) providing easy travel to West Montgomery County towards I-270 and Baltimore, via I-95.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 950
  • Living Area Sq Ft: 950
  • Price Per Sq Ft: 226.21
  • Above Grade Finished Sq Ft: 950
  • 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: Wood Siding, Vinyl Siding
  • Exterior Features: Play Area, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 421.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Elevator, Fitness Center, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: U
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2296.00
  • Assessor Parcel Number: 160502755241
  • Tax Total Finished Sq Ft: 950
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/12/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jan 30, 2025
Sold by
Mullally John J and Mullally Molly W
Bought by
Veliz Danery G Rodriguez
Seller's Agent
Thomas Riley
TTR Sotheby's International Realty
Buyer's Agent
Geovanni Argueta
Real Broker, LLC
List Price
$239,900
Sold Price
$208,900
Premium/Discount to List
-$31,000
-12.92%
Views
572
Current Estimated Value
$216,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,554
Avg. Annual Appreciation
8.76%
Original Mortgage
$167,120
Outstanding Balance
$166,699
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$50,606

Purchase Details

Closed on
Apr 4, 2008
Sold by
Mullally John J
Bought by
Mullally John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.06%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $208,900 Fidelity National Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,120 New Conventional
Previous Owner $184,850 New Conventional
Previous Owner $192,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $208,900 -2.8% $220 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
11/01/2024 11/01/24 Price Changed $214,900 -2.3% $226 / Sq Ft
10/07/2024 10/07/24 Price Changed $219,900 -2.2% $231 / Sq Ft
09/05/2024 09/05/24 Price Changed $224,900 -1.8% $237 / Sq Ft
06/27/2024 06/27/24 Price Changed $229,000 -4.5% $241 / Sq Ft
05/30/2024 05/30/24 For Sale $239,900 -- $253 / 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 $2,296 $193,333 $0 $0
2023 $2,216 $186,667 $0 $0
2022 $1,451 $180,000 $54,000 $126,000
2021 $1,934 $170,000 $0 $0
2020 $1,822 $160,000 $0 $0
2019 $1,709 $150,000 $45,000 $105,000
2018 $1,639 $148,333 $0 $0
2017 $1,710 $146,667 $0 $0
2016 $1,650 $145,000 $0 $0
2015 $1,650 $145,000 $0 $0
2014 $1,650 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2131650

Bright MLS

APN: 05-02755241