NOT LISTED FOR SALE

516 Thayer Ave Unit 1 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $129,000 - $171,000

1 Bed
1 Bath
695 Sq Ft
44 Sq Ft Lot

Sale Details

Date Sold: March 8, 2019

Last sale price $129,000 $186 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,315 / mo

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • 5-minute walk to Dale Drive Neighborhood Park
  • East Silver Spring Elementary School Rated A-

About This Home

As of March 2019

This home is located at 516 Thayer Ave Unit 1, Silver Spring, MD 20910 since 13 February 2020 and is currently estimated at $143,631, approximately $206 per square foot. This property was built in 1953. 516 Thayer Ave Unit 1 is a home located in Montgomery County with nearby schools including East Silver Spring Elementary School, Takoma Park Middle School, and Montgomery Blair High School.

Last Agent to Sell the Property

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 02/13/2020

Last Buyer's Agent

Holly Smith

(301) 299-6000 hollylynn.smith@longandfoster.com Long & Foster Real Estate, Inc. License #318818

Long & Foster Real Estate, Inc.

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1953

Lot Details

  • 44

HOA Fees

  • $353 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 695 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include water, sewer, trash
  • Low-Rise Community
  • The Beverly Codm Community

Listing and Financial Details

  • Assessor Parcel Number 161303523176

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,786

Year Built

Built in 1953

Lot Details

44 Sq Ft Lot

HOA Fees

$353 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 695
  • Living Area Sq Ft: 695
  • Price Per Sq Ft: 185.61
  • Above Grade Finished Sq Ft: 695
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 312.52
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 352.78
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101092
  • Tax Annual Amount: 1786.00
  • Assessor Parcel Number: 161303523176
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jan 22, 2019
Sold by
Bought by
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Holly Smith
Long & Foster Real Estate, Inc.
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$143,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,631
Avg. Annual Appreciation
1.45%
Original Mortgage
$116,100
Outstanding Balance
$99,751
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$43,880

Purchase Details

Closed on
May 26, 2006
Sold by
Bought by

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
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring Park, MD

  • Rukiyat Mann Real Estate Agent - Coldwell Banker Realty

    Rukiyat Mann

    Coldwell Banker Realty

    (855) 303-1738

    36 Total Sales

    1 in Silver Spring Park

    $1,195,000 Price

    Rukiyat Mann
     Section Image
  • Paul Marston Real Estate Agent - Long & Foster Real Estate, Inc.

    Paul Marston

    Long & Foster Real Estate, Inc.

    (844) 599-9747

    185 Total Sales

    2 in Silver Spring Park

    $90K - $150K Price Range

    Paul Marston
     Section Image
  • Tony Calkins Real Estate Agent - The Calkins Group

    Tony Calkins

    The Calkins Group

    (240) 770-0595

    29 Total Sales

    2 in Silver Spring Park

    $275K - $325K Price Range

    Tony Calkins
     Section Image
  • Jim Bim Real Estate Agent - Winning Edge

    Jim Bim

    Winning Edge

    (667) 239-8629

    514 Total Sales

    1 in Silver Spring Park

    $635,000 Price

    Jim Bim
     Section Image
  • Saurabh Prakash Real Estate Agent - Samson Properties

    Saurabh Prakash

    Samson Properties

    (240) 468-4196

    96 Total Sales

    2 in Silver Spring Park

    $733K - $825K Price Range

    Saurabh Prakash
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    103 Total Sales

    2 in Silver Spring Park

    $570K - $1M Price Range

    Lindsay Clark
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$129,000 None Available
$192,000 --
-- --
-- --
$320,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $116,100
Previous Owner $109,600
Previous Owner $17,125
Previous Owner $74,003
Previous Owner $192,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 For Sale $129,000 0.0% $186 / Sq Ft
03/08/2019 03/08/19 Sold $129,000 -- $186 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,087 $130,667
2024 $1,989 $129,000 $38,700 $90,300
2023 $2,662 $129,000 $38,700 $90,300
2022 $1,176 $129,000 $38,700 $90,300
2021 $1,186 $135,000 $40,500 $94,500
2020 $1,136 $133,333 $0 $0
2019 $1,094 $131,667 $0 $0
2018 $1,478 $130,000 $39,000 $91,000
2017 $843 $130,000 $0 $0
2016 -- $130,000 $0 $0
2015 $951 $130,000 $0 $0
2014 $951 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Smith Real Estate Agent - Long & Foster

    Buyer's Agent in 2020

    Holly Smith

    Long & Foster

    (301) 332-7176

    35 Total Sales

    Holly Smith
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Map

Source: Bright MLS

MLS Number: MDMC695804

Bright MLS

APN: 13-03523176

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

516 Thayer Ave Unit 1, Silver Spring, MD

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