NOT LISTED FOR SALE

Estimated Value: $127,000 - $159,000

2 Beds
2 Baths
989 Sq Ft
$450/mo HOA Fee

Last Sold September 26, 2016

Last sale price $79,000 $80 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,314/month

59 Days on Market

Highlights

  • Community Lake
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Elevator
  • Dining Area

About This Home

As of September 2016

THIS IS A GREAT OPPORTUNITY TO OWN IN SILVER SPRING! LOCATED CONVENIENT TO ASPEN HILL SHOPPING CENTER, GEORGIA AVENUE, BUS LINE AND LESS THAN 2 MILES TO GLENMONT METRO STATION. FEATURES 2 BEDROOMS, 2 FULL BATHS, PLUS A SEPARATE DINNING ROOM/DEN WITH SPACE FOR WASHER AND DRYER IN THE UNIT. THIS IS FANNIE MAE HOMEPATH PROPERTY.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 06/27/2016

Last Buyer's Agent

Theodore Dang

(301) 742-9936 t_dang8@yahoo.com Good Fortune Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $827

Year Built

  • Built in 1973

Lot Details

  • 2,004

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 989 Sq Ft Home
  • Property has 1 Level
  • Dining Area

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Harmony Hills Elementary School
  • Parkland Middle School
  • John F. Kennedy High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 161301599254

Community Details

Overview

  • Association fees include insurance, trash, snow removal, reserve funds, management, exterior building maintenance, water
  • Mid-Rise Condominium
  • Heritage Woods Community
  • Hermitage Woods Subdivision
  • The community has rules related to parking rules
  • Community Lake

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$827

Year Built

Built in 1973

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 989
  • Living Area Sq Ft: 989
  • Price Per Sq Ft: 80.79
  • Above Grade Finished Sq Ft: 989
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 19.76
  • 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Lake
  • HOA Condo Co-Op Fee Includes: Insurance, Trash, Snow Removal, Reserve Funds, Management, Ext Bldg Maint, Water
  • HOA Condo Co-Op Rules: Elevator Use, Pets - Allowed, Parking
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: HARMONY HILLS
  • High School: JOHN F. KENNEDY
  • Middle Or Junior School: PARKLAND

Lot Info

  • Improvement Assessed Value: 63000.00
  • Land Assessed Value: 27000.00
  • Property Attached Yn: Yes
  • Zoning: R20

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14049582
  • Tax Annual Amount: 827.13
  • Assessor Parcel Number: 161301599254
  • Tax Lot: 20
  • 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
Jun 27, 2016
Closed on
Aug 30, 2016
Sold by
Fannie Mae
Bought by
Dang Ted
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Theodore Dang
Good Fortune Properties
List Price
$84,900
Sold Price
$79,000
Premium/Discount to List
-$5,900
-6.95%
Current Estimated Value
$144,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,788
Avg. Annual Appreciation
6.75%

Purchase Details

Closed on
Oct 1, 2015
Sold by
Pineda Jose
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 9, 2006
Sold by
Anzelmo Michael F and Anzelmo E M
Bought by
Pineda Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Anzelmo Michael F and Anzelmo E M
Bought by
Pineda Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dang Ted $79,000 None Available
Federal National Mortgage Association -- Attorney
Pineda Jose $214,500 --
Pineda Jose $214,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pineda Jose $214,500
Previous Owner Pineda Jose $214,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2016 09/26/16 Sold $79,000 -1.1% $80 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/10/2016 08/10/16 Price Changed $79,900 -5.9% $81 / Sq Ft
08/03/2016 08/03/16 For Sale $84,900 0.0% $86 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $84,900 -- $86 / 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 $1,278 $111,667 -- --
2024 $1,278 $105,000 $31,500 $73,500
2023 $1,255 $103,333 $0 $0
2022 $819 $101,667 $0 $0
2021 $1,162 $100,000 $30,000 $70,000
2020 $719 $96,667 $0 $0
2019 $1,084 $93,333 $0 $0
2018 $1,049 $90,000 $27,000 $63,000
2017 $241 $83,333 $0 $0
2016 -- $76,667 $0 $0
2015 $532 $70,000 $0 $0
2014 $532 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002441833

Bright MLS

APN: 13-01599254