NOT LISTED FOR SALE

13702 Modrad Way Silver Spring, MD 20904

Estimated Value: $253,619 - $265,000

2 Beds
2 Baths
1,087 Sq Ft
$367/mo HOA Fee

Last Sold June 23, 2016

Last sale price $167,000 $154 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,919/month

6 Days on Market

Highlights

  • Fitness Center
  • 1 Fireplace
  • Built-In Features
  • Paint Branch High School Rated A-
  • Community Pool
  • Living Room

About This Home

As of June 2016

This unit is a beautiful move-in-ready 2 Br 2 bath condo with separate dining room. The generous sized living room has a fireplace and built-in book case, and features balcony off living room. Master bedroom has a walk in closet and ensuite bathroom. Located close to shopping, highways and commuter routes. Condo fee includes pool and gym access. Club room is available for private event rental.

Last Agent to Sell the Property

Phil Agbeko

phil@movewithphil.com Fairfax Realty Premier Listed on: 05/06/2016

Last Buyer's Agent

Ken Abramowitz

(301) 540-2232 homesbyken@gmail.com RE/MAX Town Center License #636973

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1989

Lot Details

  • 2,265

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Built-In Features
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Free Parking
  • Rented or Permit Required

Schools

  • Greencastle Elementary School
  • Benjamin Banneker Middle School
  • Paint Branch High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160502792037

Community Details

Overview

  • Association fees include water, pool(s), trash, insurance
  • The Vineyards Co Community
  • The Vineyards Codm Subdivision

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,718

Year Built

Built in 1989

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1989
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Washer, Washer/Dryer Stacked
  • Interior Amenities: Dining Area, Built-Ins, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Rented/Permit Required

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 367.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Water, Pool(s), Trash, Insurance
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: GREENCASTLE
  • High School: PAINT BRANCH
  • Middle Or Junior School: BENJAMIN BANNEKER

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13916913
  • Tax Annual Amount: 1717.60
  • Assessor Parcel Number: 160502792037
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 23, 2016
Sold by
Tama Elsie M and Foinchas Victor C
Bought by
Jackson Jeffrey L
Seller's Agent
Phil Agbeko
Fairfax Realty Premier
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$164,500
Sold Price
$167,000
Premium/Discount to List
$2,500
1.52%
Current Estimated Value
$259,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,155
Avg. Annual Appreciation
4.69%
Original Mortgage
$163,975
Outstanding Balance
$130,207
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$128,948

Purchase Details

Closed on
Jun 18, 2015
Sold by
Jmorgan Chase Bank National Association
Bought by
Tama Elsie M and Foinchas Victor C

Purchase Details

Closed on
May 20, 2015
Sold by
Carter Ayaan A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 25, 2008
Sold by
Kinsella Daniel
Bought by
Carter Ayaan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,022
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2007
Sold by
Kinsella Daniel
Bought by
Carter Ayaan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,022
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Hill Dawn E
Bought by
Kinsella Daniel

Purchase Details

Closed on
Sep 23, 1999
Sold by
Horton Rinelda M
Bought by
Hill Dawn E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jackson Jeffrey L $167,000 Sage Title Group Llc
Tama Elsie M $89,250 Servicelink Llc
Jpmorgan Chase Bank National Association $114,730 Attorney
Carter Ayaan $265,000 --
Carter Ayaan $265,000 --
Kinsella Daniel $151,500 --
Hill Dawn E $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Jeffrey L $163,975
Previous Owner Carter Ayaan $262,022
Previous Owner Carter Ayaan $262,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $167,000 +1.5% $154 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $164,500 -- $151 / Sq Ft
Source: Bright MLS

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 $2,469 $220,000 $66,000 $154,000
2024 $2,469 $208,333 $0 $0
2023 $1,639 $196,667 $0 $0
2022 $1,491 $185,000 $55,500 $129,500
2021 $1,316 $176,667 $0 $0
2020 $2,444 $168,333 $0 $0
2019 $1,128 $160,000 $48,000 $112,000
2018 $1,094 $156,667 $0 $0
2017 $1,325 $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: 1002427319

Bright MLS

APN: 05-02792037