NOT LISTED FOR SALE

2418 Sun Valley Cir Unit 6 Silver Spring, MD 20906

Layhill Neighborhood

Estimated Value: $251,183 - $295,000

2 Beds
2 Baths
1,064 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 17, 2015

Last sale price $90,000 $85 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,925/month

10 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Central Air
  • Bel Pre Elementary School Rated A-
  • Community Playground
  • Combination Kitchen and Dining Room

About This Home

As of February 2015

Beautiful condo, located next to Layhill shopping center - Giant, CVS and public transportation/Metro, banks and close to schools. Negotiated by Michaels Title with Seller's Lender. CALL Alternate Agent for questions. You'll be glad to show this.

Last Agent to Sell the Property

Jonathan Lahey

EXP Realty, LLC License #SP98369515 Listed on: 09/25/2014

EXP Realty, LLC

Co-Listed By

Gerardo Berdan

EXP Realty, LLC

Last Buyer's Agent

Yizhak Etedgi

HomeSmart License #640628

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Electric Air Filter
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301531415

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, parking fee, reserve funds, snow removal, trash
  • Comsource Management Community
  • Kimberly Place Subdivision
  • The community has rules related to parking rules

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,328

Year Built

Built in 1971

Lot Details

0

HOA Fees

$257 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1971
  • Remarks Public: Beautiful condo, located next to Layhill shopping center - Giant, CVS and public transportation/Metro, banks and close to schools. Negotiated by Michaels Title with Seller's Lender. CALL Alternate Agent for questions. You'll be glad to show this.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1064
  • Living Area Sq Ft: 1064
  • Price Per Sq Ft: 112.78
  • Above Grade Finished Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2418

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: 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

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Electric Air Filter
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 257.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Parking Fee, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 63000.00
  • Land Assessed Value: 27000.00
  • Year Assessed: 2014
  • Zoning: R30

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14049081
  • Tax Annual Amount: 1328.03
  • Assessor Parcel Number: 161301531415
  • Tax Total Finished Sq Ft: 1064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 02/17/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2017
Sold by
Etedgi Dana and Etedgi Yizhak
Bought by
Etedgi Dana and Etedgi Yizhak
Current Estimated Value
$268,046

Purchase Details

Listed on
Sep 25, 2014
Closed on
Feb 17, 2015
Sold by
Gatmaitan Mary Grace
Bought by
Etedgi Dana and Etedgi Yizhak
Seller's Agent
Jonathan Lahey
EXP Realty, LLC
Buyer's Agent
Yizhak Etedgi
HomeSmart
List Price
$120,000
Sold Price
$90,000
Premium/Discount to List
-$30,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Abarca Juan
Bought by
Gatmaitan Mary Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 6, 2006
Sold by
Abarca Juan
Bought by
Gatmaitan Mary Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 9, 2003
Sold by
Muk
Bought by
Abarca Juan

Purchase Details

Closed on
May 20, 2003
Sold by
Berman Wayne J
Bought by
Mukande Margaret
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
Etedgi Dana -- Pinnacie Title And Escrow In
Etedgi Dana $90,000 Michaels Title & Escrow Llc
Gatmaitan Mary Grace $235,000 --
Gatmaitan Mary Grace $235,000 --
Gatmaitan Mary Grace $235,000 --
Gatmaitan Mary Grace $235,000 --
Abarca Juan $135,000 --
Abarca Juan $135,000 --
Mukande Margaret $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gatmaitan Mary Grace $47,000
Previous Owner Gatmaitan Mary Grace $188,000
Previous Owner Gatmaitan Mary Grace $188,000
Previous Owner Abarca Juan $136,500
Previous Owner Abarca Juan $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2015 02/17/15 Sold $90,000 -25.0% $85 / Sq Ft
10/05/2014 10/05/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $120,000 -- $113 / 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
2025 $2,515 $190,000 -- --
2024 $2,515 $185,000 $55,500 $129,500
2023 $2,359 $173,333 $0 $0
2022 $1,303 $161,667 $0 $0
2021 $1,960 $150,000 $45,000 $105,000
2020 $1,863 $143,333 $0 $0
2019 $1,777 $136,667 $0 $0
2018 $1,436 $130,000 $39,000 $91,000
2017 $1,444 $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: 1003205818

Bright MLS

APN: 13-01531415