NOT LISTED FOR SALE

Estimated Value: $133,000 - $161,000

1 Bed
1 Bath
695 Sq Ft
$353/mo HOA Fee

Last Sold December 30, 2021

Last sale price $140,000 $201 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,322/month

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Dining Area
  • 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 December 2021

Welcome to 516 Thayer Ave Unit 2! This 1 Bed, 1 Bath main level unit has an unbeatable location and ample living space. The Primary bedroom is located next to the Full Bath at the end of your entry hallway. The generous living room area has an open layout and even offers enough space for a study or office nook. The dining room is connected to the kitchen. The updated kitchen has stainless steel appliances. Throughout the unit you will find endless storage space between the three additional closets. This wonderful unit comes with one assigned spot in the parking lot. Don't miss your chance to see this fantastic unit!

Last Agent to Sell the Property

Jane Fairweather

(240) 223-4663 jane@janefairweather.com Long & Foster Real Estate, Inc. Listed on: 10/11/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Kelly Fairweather

kelly@janefairweather.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Francesca Maragkou

(410) 365-8983 francescaofmd@gmail.com American Dream Realty and Management

American Dream Realty and Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1953

Lot Details

  • 44

HOA Fees

  • $353 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303523187

Community Details

Overview

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

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,878

Year Built

Built in 1953

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 516 Thayer Ave Unit 2! This 1 Bed, 1 Bath main level unit has an unbeatable location and ample living space. The Primary bedroom is located next to the Full Bath at the end of your entry hallway. The generous living room area has an open layout and even offers enough space for a study or office nook. The dining room is connected to the kitchen. The updated kitchen has stainless steel appliances. Throughout the unit you will find endless storage space between the three additional closets. This wonderful unit comes with one assigned spot in the parking lot. Don't miss your chance to see this fantastic unit!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Single, Refrigerator
  • Entry Floor: 1
  • Interior Amenities: Dining Area, Entry Level Bedroom
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 695
  • Living Area Sq Ft: 695
  • Price Per Sq Ft: 201.44
  • Above Grade Finished Sq Ft: 695
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

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, Mixed
  • 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, On Street

Utilities

  • Refuse: 366.32
  • 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: 353.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101093
  • Tax Annual Amount: 1878.00
  • Assessor Parcel Number: 161303523187
  • Tax Total Finished Sq Ft: 695
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2006
Sold by
Grant Erin Colleen
Bought by
Grant Erin Colleen
Current Estimated Value
$149,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$88,611
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$61,299

Purchase Details

Closed on
May 4, 2006
Sold by
Five Sixteen Thayer Avenue Llc
Bought by
Grant Erin Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Five Sixteen Thayer Avenue Llc
Bought by
Grant Erin Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Grant Erin Colleen -- --
Grant Erin Colleen $180,000 --
Grant Erin Colleen $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Erin Colleen $144,000
Closed Grant Erin Colleen $36,000
Previous Owner Grant Erin Colleen $144,000
Previous Owner Grant Erin Colleen $36,000
Previous Owner Grant Erin Colleen $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $140,000 0.0% $201 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $140,000 0.0% $201 / Sq Ft
01/12/2015 01/12/15 Rented $1,150 -8.0% --
01/12/2015 01/12/15 Under Contract -- -- --
11/10/2014 11/10/14 For Rent $1,250 -- --
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 $2,058 $136,667 -- --
2024 $2,058 $135,000 $40,500 $94,500
2023 $1,348 $135,000 $40,500 $94,500
2022 $1,934 $135,000 $40,500 $94,500
2021 $1,878 $135,000 $40,500 $94,500
2020 $1,828 $133,333 $0 $0
2019 $1,786 $131,667 $0 $0
2018 $1,478 $130,000 $39,000 $91,000
2017 $843 $130,000 $0 $0
2016 $951 $130,000 $0 $0
2015 $951 $130,000 $0 $0
2014 $951 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2000927

Bright MLS

APN: 13-03523187