$304,990
SOLD JAN 15, 2016

3850 Clara Downey Ave Unit 24 Silver Spring, MD 20906

2 Beds
2 Baths
1,100 Sq Ft
$289/mo HOA Fee

Recently Sold

$277 Per Sq Ft

11% Below List Price

297 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Transitional Architecture
  • Flower Valley Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of January 2016

Dreaming of a Stress-Free Lifestyle and no stairs? This is it! Located near ICC, Olney, minutes to Metro. Brand new, with maple cabinets, granite counters, wood floors, stainless steel appliances, 9 foot ceilings, deck, great warranty for a low maintenance home. Decorated models. Closing help available, call for details and restrictions

Last Agent to Sell the Property

Jay Day

LPT Realty, LLC Listed on: 10/28/2014

Last Buyer's Agent

Jay Day

LPT Realty, LLC Listed on: 10/28/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 2014 | Newly Remodeled

HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck

Utilities

  • 90% Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 24GE
  • Assessor Parcel Number 160803728618
  • $500 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, snow removal
  • Low-Rise Condominium
  • Built by CALATLANTIC HOMES
  • Norbeck Crossing Subdivision, Tenley Floorplan
  • Norbeck Crossing Community
  • The community has rules related to covenants

Amenities

  • Common Area
  • Elevator

Recreation

  • Community Playground
  • Jogging Path

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,900

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2014
  • Remarks Public: Dreaming of a Stress-Free Lifestyle and no stairs? This is it! Located near ICC, Olney, minutes to Metro. Brand new, with maple cabinets, granite counters, wood floors, stainless steel appliances, 9 foot ceilings, deck, great warranty for a low maintenance home. Decorated models. Closing help available, call for details and restrictions
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Elevator, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Window Features: Vinyl Clad, Low-E
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1100
  • Living Area Sq Ft: 1100
  • Price Per Sq Ft: 277.26
  • Above Grade Finished Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3850

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
  • Roof: Asphalt
  • 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

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Main Entrance Lock, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 42.43
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 246.96
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2014

Building Info

  • Builder Name: CALATLANTIC HOMES

Rental Info

  • Vacation Rental: No

Multi Family

  • Front Foot Fee: 500.00

Tax Info

  • Assessor Parcel Number: 14121237
  • Assessor Parcel Number: 160803728618
  • Tax Lot: 24GE
  • Close Date: 01/15/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Jan 15, 2016
Sold by
Calatlantic Group Inc
Bought by
Mishra Nalin Shanker
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Jay Day
LPT Realty, LLC
List Price
$342,990
Sold Price
$304,990
Premium/Discount to List
-$38,000
-11.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%
Original Mortgage
$299,465
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $304,990 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,388 FHA
Closed $19,144 New Conventional
Open $299,786 FHA
Closed $299,465 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $354,900 -1.4% $341 / Sq Ft
06/07/2025 06/07/25 Price Changed $359,900 -1.4% $346 / Sq Ft
05/28/2025 05/28/25 Price Changed $364,900 -1.1% $351 / Sq Ft
05/03/2025 05/03/25 Price Changed $369,000 -2.9% $355 / Sq Ft
04/13/2025 04/13/25 Price Changed $379,900 -2.6% $365 / Sq Ft
03/21/2025 03/21/25 For Sale $389,900 +27.8% $375 / Sq Ft
01/15/2016 01/15/16 Sold $304,990 0.0% $277 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
06/26/2015 06/26/15 Price Changed $304,990 +1.7% $277 / Sq Ft
06/07/2015 06/07/15 Price Changed $299,990 -1.6% $273 / Sq Ft
05/01/2015 05/01/15 Price Changed $304,990 -7.6% $277 / Sq Ft
03/06/2015 03/06/15 Price Changed $329,990 -0.9% $300 / Sq Ft
01/22/2015 01/22/15 Price Changed $332,990 -7.0% $303 / Sq Ft
10/31/2014 10/31/14 Price Changed $358,188 +4.4% $326 / Sq Ft
10/28/2014 10/28/14 For Sale $342,990 -- $312 / 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 $3,900 $335,000 $100,500 $234,500
2024 $3,900 $335,000 $100,500 $234,500
2023 $4,593 $335,000 $100,500 $234,500
2022 $2,740 $340,000 $102,000 $238,000
2021 $2,912 $323,333 $0 $0
2020 $2,729 $306,667 $0 $0
2019 $2,542 $290,000 $87,000 $203,000
2018 $2,528 $290,000 $87,000 $203,000
2017 $3,292 $290,000 $0 $0
2016 -- $345,000 $0 $0
2015 -- $345,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003242846

Bright MLS

APN: 08-03745123