NOT LISTED FOR SALE

2388 Sun Valley Cir Unit 2 Silver Spring, MD 20906

Layhill Neighborhood

Estimated Value: $242,071 - $281,000

2 Beds
2 Baths
1,064 Sq Ft
$320/mo HOA Fee

Last Sold February 18, 2022

Last sale price $200,000 $188 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,904/month

61 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Double Pane Windows
  • Bel Pre Elementary School Rated A-
  • Community Pool
  • Patio

About This Home

As of February 2022

Well maintained 2 bedroom 2 bath condo convieniently located next to shopping center. Corner unit right across from the swimming pool Come by and take a look.

Last Agent to Sell the Property

Marco Wong

(240) 497-0408 chrismann@remax.net REMAX Platinum Realty Listed on: 10/28/2021

REMAX Platinum Realty

Last Buyer's Agent

LINH HANG

(301) 493-5575 lhang72@yahoo.com Excel Realty Corp. License #633806

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1971

Lot Details

  • No Units Located Below
  • Two or More Common Walls
  • Property is in average condition

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Six Panel Doors
  • Combination Dining and Living Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301530422

Community Details

Overview

  • Association fees include insurance, water
  • Low-Rise Condominium
  • Kimberly Place Community
  • Kimberly Place Subdivision
  • Property Manager

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,960

Year Built

Built in 1971

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-28
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Vinyl, Laminated, Wood
  • Interior Amenities: Combination Dining/Living
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: No One Below, 2+ Common Walls
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Main Floor, Dryer In Unit, Shared
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 197.37
  • Above Grade Finished Sq Ft: 1064
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Unknown
  • Spa: No
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Broadband

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 320.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Club House
  • HOA Condo Co-Op Fee Includes: Insurance, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Average
  • Zoning: R30
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14048972
  • Tax Annual Amount: 1960.00
  • Assessor Parcel Number: 161301530422
  • Tax Page Number: 512
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Feb 18, 2022
Sold by
Mauricio Chavez Jose
Bought by
Ly Jonathan Q
Seller's Agent
Marco Wong
REMAX Platinum Realty
Buyer's Agent
LINH HANG
Excel Realty Corp.
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$264,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,518
Avg. Annual Appreciation
7.22%
Original Mortgage
$180,000
Outstanding Balance
$167,876
Interest Rate
3.92%
Estimated Equity
$96,642

Purchase Details

Closed on
May 31, 2011
Sold by
Department Of Housing & Urban Developmen
Bought by
Chavez Jose Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,124
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2008
Sold by
Lopez Haydee M
Bought by
Sanchez Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,512
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2008
Sold by
Lopez Haydee M
Bought by
Sanchez Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,512
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Lopez Haydee M
Bought by
Lopez Haydee M

Purchase Details

Closed on
Feb 15, 2005
Sold by
Lopez Haydee M
Bought by
Lopez Haydee M

Purchase Details

Closed on
Feb 13, 2001
Sold by
Dasilva Doralina M
Bought by
Lopez Haydee M
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
Ly Jonathan Q $200,000 Pure Title
Chavez Jose Mauricio $74,000 Lawyers Advantage Title Grou
Sanchez Ana L $185,000 --
Sanchez Ana L $185,000 --
Lopez Haydee M -- --
Lopez Haydee M -- --
Lopez Haydee M $85,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Jonathan Q $180,000
Closed Ly Jonathan Q $180,000
Previous Owner Chavez Jose Mauricio $72,124
Previous Owner Sanchez Ana L $183,512
Previous Owner Sanchez Ana L $183,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $200,000 -4.8% $188 / Sq Ft
02/12/2022 02/12/22 Price Changed $210,000 0.0% $197 / Sq Ft
02/08/2022 02/08/22 Price Changed $210,000 0.0% $197 / Sq Ft
02/05/2022 02/05/22 Price Changed $210,000 0.0% $197 / Sq Ft
01/29/2022 01/29/22 Price Changed $210,000 0.0% $197 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $210,000 -- $197 / 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 $2,515 $190,000 -- --
2024 $2,515 $185,000 $55,500 $129,500
2023 $3,051 $173,333 $0 $0
2022 $1,303 $161,667 $0 $0
2021 $1,269 $150,000 $45,000 $105,000
2020 $2,342 $143,333 $0 $0
2019 $2,062 $136,667 $0 $0
2018 $892 $130,000 $39,000 $91,000
2017 $702 $116,667 $0 $0
2016 $766 $103,333 $0 $0
2015 $766 $90,000 $0 $0
2014 $766 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2020952

Bright MLS

APN: 13-01530422

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