NOT LISTED FOR SALE

2466 Sun Valley Cir Unit A Silver Spring, MD 20906

Layhill Neighborhood

Estimated Value: $240,351 - $311,000

2 Beds
2 Baths
1,162 Sq Ft
$242/mo HOA Fee

Last Sold July 08, 2013

Last sale price $84,500 $73 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $1,894/month

16 Days on Market

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Community Pool
  • Bel Pre Elementary School Rated A-
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

As of July 2013

Ground floor condo (1100+ sqft) with fenced in patio area at the entrance. Washer/Dryer in unit. Excellent opportunity for First Time Buyer or Investor. Needs work/handyman special. Subject to 3rd Party Approval, Professional Negotiator employed.

Last Agent to Sell the Property

Piero Marinucci

(301) 807-3501 piero@silverspringre.com Silver Spring Real Estate License #596047 Listed on: 02/08/2013

Last Buyer's Agent

Agnes Joseph

aggiejoseph@gmail.com MacDoc Realty LLC License #MRIS:21992

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1971

Lot Details

  • 2,526

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,162 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 237
  • On-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in below average condition

Listing and Financial Details

  • Assessor Parcel Number 161301531687

Community Details

Overview

  • Association fees include common area maintenance, insurance, trash
  • Low-Rise Condominium
  • Kimberly Place Community

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,604

Year Built

Built in 1971

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Single, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Master Bath(s), Entry Level Bedroom, Window Treatments, Flat, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Laundry, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1162
  • Living Area Sq Ft: 1162
  • Price Per Sq Ft: 59.38
  • Above Grade Finished Sq Ft: 1162
  • 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: Combination, 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
  • Parking Space Number Assigned: 237
  • Type Of Parking: On Street

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 242.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 80500.00
  • Land Assessed Value: 34500.00
  • Property Condition: Below Average
  • Zoning: R30

Rental Info

  • Total Actual Rent: 15000.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14049107
  • Tax Annual Amount: 1604.12
  • Assessor Parcel Number: 161301531687
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Metering: Electric Separate, Gas Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Jul 8, 2013
Sold by
Harris Stephen C and Bassett Kiva
Bought by
Sayan Claudio A and Sayan Maria Elena A
Seller's Agent
Piero Marinucci
Silver Spring Real Estate
Buyer's Agent
Agnes Joseph
MacDoc Realty LLC
List Price
$69,000
Sold Price
$84,500
Premium/Discount to List
$15,500
22.46%
Current Estimated Value
$273,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,338
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Jul 3, 2012
Sold by
Harris Stephen C and Bassett Kiva
Bought by
Harris Stephen C and Bassett Kiva

Purchase Details

Closed on
Apr 2, 2007
Sold by
Lucas Hattie Y
Bought by
Harris Stephen C

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
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Lucas Hattie Y
Bought by
Harris Stephen C

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
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1998
Sold by
Holliday Hattie Y
Bought by
Lucas Hattie Y and Lucas J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sayan Claudio A $84,500 Westcor Land Title Ins Co
Harris Stephen C -- Lsi Title Agency
Harris Stephen C $240,000 --
Harris Stephen C $240,000 --
Lucas Hattie Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Stephen C $192,000
Previous Owner Harris Stephen C $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2013 07/08/13 Sold $84,500 +22.5% $73 / Sq Ft
02/24/2013 02/24/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $69,000 -- $59 / 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 $191,667 -- --
2024 $2,515 $185,000 $55,500 $129,500
2023 $2,398 $176,667 $0 $0
2022 $1,357 $168,333 $0 $0
2021 $2,071 $160,000 $48,000 $112,000
2020 $1,955 $151,667 $0 $0
2019 $1,851 $143,333 $0 $0
2018 $1,491 $135,000 $40,500 $94,500
2017 $1,502 $121,667 $0 $0
2016 $1,512 $108,333 $0 $0
2015 $1,512 $95,000 $0 $0
2014 $1,512 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Piero Marinucci

    Seller's Agent in 2013

    Piero Marinucci

    Silver Spring Real Estate

    (301) 807-3501

    1 in this area

    20 Total Sales

    Piero Marinucci
    Section Image

  • A

    Buyer's Agent in 2013

    Agnes Joseph

    MacDoc Realty LLC

See All Agents

Map

Source: Bright MLS

MLS Number: 1003340288

Bright MLS

APN: 13-01531687

Maryland Montgomery County Silver Spring 20906 Layhill

2466 Sun Valley Cir Unit A, Silver Spring, MD

Not Listed for Sale

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