NOT LISTED FOR SALE

1601 Carriage House Terrace Unit G Silver Spring, MD 20904

Estimated Value: $182,000 - $198,000

1 Bed
1 Bath
584 Sq Ft
$293/mo HOA Fee

Last Sold March 06, 2020

Last sale price $130,000 $223 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,448/month

23 Days on Market

Highlights

  • 1 Fireplace
  • Upgraded Countertops
  • 1 Car Attached Garage
  • James Hubert Blake High School Rated A
  • Breakfast Area or Nook
  • Sliding Doors

About This Home

As of March 2020

Great condo with a garage, close to public transportation and shopping, 2 miles to Adventist White Oak Hospital. Updated kitchen with granite counter tops and custom cabinets. Upgraded bathroom with new dual flush water saving toilet. New flooring. Fireplace, washer/dryer in unit plus upgraded electrical systems. Plenty of storage and a workshop in the garage. Entire condo community is in the midst of a full facelift. Please pardon the construction. Why rent when you can own?

Last Agent to Sell the Property

C.C. Hsu

Long & Foster Real Estate, Inc. License #614143 Listed on: 12/05/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Flo Agola

Samson Properties License #0225216787

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $984

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 584 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Sliding Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include management, snow removal, trash
  • Low-Rise Condominium
  • Tiers At Silver Spring Condos
  • Tiers At Sil Spr Community
  • Tiers At Silver Spring Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 160502645038

Property Details

Home Type

Condominium

Est. Annual Taxes

$984

Year Built

Built in 1986

Lot Details

0

HOA Fees

$293 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1986
  • Remarks Public: Great condo with a garage, close to public transportation and shopping, 2 miles to Adventist White Oak Hospital. Updated kitchen with granite counter tops and custom cabinets. Upgraded bathroom with new dual flush water saving toilet. New flooring. Fireplace, washer/dryer in unit plus upgraded electrical systems. Plenty of storage and a workshop in the garage. Entire condo community is in the midst of a full facelift. Please pardon the construction. Why rent when you can own?
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Washer/Dryer Stacked, Oven/Range - Electric, Icemaker, Microwave
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Upgraded Countertops
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Room List: Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Laundry Type: Washer In Unit
  • Total Sq Ft: 584
  • Living Area Sq Ft: 584
  • Price Per Sq Ft: 239.73
  • Above Grade Finished Sq Ft: 584
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1601

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: Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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: 293.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tiers at Silver Spring
  • Condo Co-Op Phone: 301-692-
  • HOA Condo Co-Op Fee Includes: Management, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 54000.00
  • Land Assessed Value: 21000.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13916338
  • Tax Annual Amount: 984.00
  • Assessor Parcel Number: 160502645038
  • Tax Total Finished Sq Ft: 584
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/06/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Mar 6, 2020
Sold by
Mcglew Jeffrey
Bought by
Sanders Gregory Lee
Seller's Agent
C.C. Hsu
Long & Foster Real Estate, Inc.
Buyer's Agent
Flo Agola
Samson Properties
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Current Estimated Value
$190,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,066
Avg. Annual Appreciation
7.01%
Original Mortgage
$125,661
Outstanding Balance
$111,002
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$77,454

Purchase Details

Closed on
Mar 15, 2007
Sold by
Dolan Cheryl A
Bought by
Mcglew Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2007
Sold by
Dolan Cheryl A
Bought by
Mcglew Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Rao Shyamsunder B and Rao B P
Bought by
Dolan Cheryl A
Source: Public Records

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
Sanders Gregory Lee $130,000 Peak Settlements Llc
Mcglew Jeffrey $219,900 --
Mcglew Jeffrey $219,900 --
Dolan Cheryl A $79,000 --
Dolan Cheryl A $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Gregory Lee $125,661
Previous Owner Mcglew Jeffrey $149,900
Previous Owner Mcglew Jeffrey $149,900
Previous Owner Dolan Cheryl A $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $130,000 -7.1% $223 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $140,000 0.0% $240 / Sq Ft
07/01/2016 07/01/16 Rented $1,300 -3.7% --
06/27/2016 06/27/16 Under Contract -- -- --
05/16/2016 05/16/16 For Rent $1,350 -- --
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 $1,453 $139,000 $41,700 $97,300
2024 $1,453 $121,000 $0 $0
2023 $441 $103,000 $0 $0
2022 $300 $85,000 $25,500 $59,500
2021 $297 $85,000 $25,500 $59,500
2020 $294 $85,000 $25,500 $59,500
2019 $985 $85,000 $24,000 $61,000
2018 $902 $81,667 $0 $0
2017 $212 $78,333 $0 $0
2016 -- $75,000 $0 $0
2015 $472 $75,000 $0 $0
2014 $472 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC689012

Bright MLS

APN: 05-02645038