NOT LISTED FOR SALE

516 Thayer Ave Unit 101 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $152,000 - $196,218

2 Beds
1 Bath
813 Sq Ft
44 Sq Ft Lot

Last Sold February 28, 2017

Last sale price $129,000 $159 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,144/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Laundry Facilities
  • Takoma Park Middle School Rated A
  • Forced Air Heating and Cooling System
  • 5-minute walk to Dale Drive Neighborhood Park

About This Home

As of September 2024

This airy apartment is prepared for new occupants! Five-star location: property is assigned to the Montgomery public school, and the good elementary school is just around the corner. The neighborhood is quiet, there is a park with a long health path and stream for runners and bikers, and it is only a 15-minute walk to Silver Spring downtown, which has access to the Red Line metro station and plenty of entertainment, jobs, and office spaces. The unit is on the midlevel, with windows on three sides of the building's exterior. A security video system, one designated off-street parking space, lots of on-street parking, and really pleasant neighbors are all present. There's a private fenced backyard. The free communal laundry, shared by just five apartments, is located one floor below.

Last Agent to Rent the Property

Iryna Tarasava

(667) 240-9818 i.tarasava@yahoo.com Samson Properties License #0225262139 Listed on: 08/12/2024

Samson Properties

Last Renter's Agent

Iryna Tarasava

(667) 240-9818 i.tarasava@yahoo.com Samson Properties License #0225262139 Listed on: 08/12/2024

Samson Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1953

Lot Details

  • North Facing Home

Parking

  • Off-Street Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 813 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,350
  • $200 Move-In Fee
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for electricity, gas
  • Rent includes water, trash removal
  • Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 8/15/24
  • $50 Application Fee
  • Assessor Parcel Number 161303523198

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units
  • Low-Rise Condominium
  • The Beverly Community
  • Blair Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500
  • $50 Monthly Pet Rent

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,461

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Date Available: 2024-08-15
  • Application Fee: 50.00
  • Monthly Pet Rent: 50.00
  • Months Rent Up Front: 1.0
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Water, Trash Removal
  • Security Deposit: 2350.00
  • Smoking Allowed Yn: Yes
  • Tenant Pays: Electricity, Gas
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 200.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Inclusions: Internet, Water bill, and one assigned off-street parking
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1953
  • Remarks Public: This airy apartment is prepared for new occupants! Five-star location: property is assigned to the Montgomery public school, and the good elementary school is just around the corner. The neighborhood is quiet, there is a park with a long health path and stream for runners and bikers, and it is only a 15-minute walk to Silver Spring downtown, which has access to the Red Line metro station and plenty of entertainment, jobs, and office spaces. The unit is on the midlevel, with windows on three sides of the building's exterior. A security video system, one designated off-street parking space, lots of on-street parking, and really pleasant neighbors are all present. There's a private fenced backyard. The free communal laundry, shared by just five apartments, is located one floor below.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Dining Area, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 813
  • Living Area Sq Ft: 813
  • Price Per Sq Ft: 2.71
  • Above Grade Finished Sq Ft: 813
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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: Off Street

Utilities

  • 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
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: EAST SILVER SPRING
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 161303523198
  • Close Date: 09/05/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Greenfield Angela L
Bought by
Furney Frederick V and Greenfield Angela L
Current Estimated Value
$176,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$117,640
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$58,665

Purchase Details

Listed on
Jan 5, 2017
Closed on
Feb 28, 2017
Sold by
Five Sixteen Thayer Avenue Llc
Bought by
Greenfield Angela
Seller's Agent
Jane Fairweather
Long & Foster Real Estate, Inc.
Buyer's Agent
Vladimir Gherman
Belinsky Real Estate LLC
List Price
$129,000
Sold Price
$129,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Furney Frederick V -- None Listed On Document
Furney Frederick V -- None Listed On Document
Greenfield Angela $129,000 Presidential Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furney Frederick V $120,000
Closed Furney Frederick V $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Rented $2,200 0.0% --
08/19/2024 08/19/24 For Rent $2,200 0.0% --
08/18/2024 08/18/24 Under Contract -- -- --
08/14/2024 08/14/24 Price Changed $2,200 -6.4% $3 / Sq Ft
08/12/2024 08/12/24 For Rent $2,350 -2.1% --
06/13/2023 06/13/23 Rented $2,400 +2.1% --
06/09/2023 06/09/23 Price Changed $2,350 +9.3% $3 / Sq Ft
06/09/2023 06/09/23 Price Changed $2,150 -8.5% $3 / Sq Ft
06/09/2023 06/09/23 For Rent $2,350 0.0% --
02/28/2017 02/28/17 Sold $129,000 0.0% $159 / Sq Ft View Prior Sale
01/18/2017 01/18/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $129,000 0.0% $159 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $129,000 0.0% $159 / Sq Ft
08/04/2016 08/04/16 Rented $1,325 0.0% --
08/03/2016 08/03/16 Under Contract -- -- --
06/17/2016 06/17/16 For Rent $1,325 +2.3% --
08/01/2014 08/01/14 Rented $1,295 0.0% --
07/21/2014 07/21/14 Under Contract -- -- --
06/03/2014 06/03/14 For Rent $1,295 -- --
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 $2,461 $171,667 -- --
2024 $2,461 $170,000 $51,000 $119,000
2023 $2,289 $156,667 $0 $0
2022 $1,155 $143,333 $0 $0
2021 $0 $130,000 $39,000 $91,000
2020 $1,791 $130,000 $39,000 $91,000
2019 $1,768 $130,000 $39,000 $91,000
2018 $1,809 $160,000 $48,000 $112,000
2017 $1,803 $156,667 $0 $0
2016 -- $153,333 $0 $0
2015 $2,125 $150,000 $0 $0
2014 $2,125 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Iryna Tarasava

    Landlord's Agent in 2024

    Iryna Tarasava

    Samson Properties

    (667) 240-9818

    10 Total Sales

    Iryna Tarasava
    Section Image
  • Jane Fairweather

    Seller's Agent in 2017

    Jane Fairweather

    Long & Foster

    (240) 223-4663

    2 in this area

    258 Total Sales

    Jane Fairweather
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kelly Fairweather

    Long & Foster

    1 in this area

    17 Total Sales

    Kelly Fairweather
    Section Image

  • V

    Buyer's Agent in 2017

    Vladimir Gherman

    Belinsky Real Estate LLC

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2143774

Bright MLS

APN: 13-03523198

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

516 Thayer Ave Unit 101, Silver Spring, MD

This home is located at 516 Thayer Ave Unit 101, Silver Spring, MD 20910 since 12 August 2024 and is currently priced at $176,305. This property was built in 1953. 516 Thayer Ave Unit 101 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and St. Michael the Archangel Catholic Church.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes