NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 102 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $162,000 - $235,000

1 Bed
1 Bath
690 Sq Ft
$527/mo HOA Fee

Last Sold October 23, 2020

Last sale price $200,000 $290 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,725/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Elevator
  • Forced Air Heating and Cooling System
  • Takoma Park Middle School Rated A
  • Security Service
  • 5-minute walk to Nolte Local Park

About This Home

As of October 2020

Convenience and stylish living meet at this incredible value just minutes to downtown Silver Spring. A turn key, totally renovated one bedroom one bath condo has been lovingly updated and is ready for a new owner. New floors And baseboards, renovated kitchen with stainless steel appliances, updated bath, and a balcony make for an efficient and cozy lifestyle. Sit out on the balcony and enjoy the quaint park surrounding. One covered garage parking space and one unassigned surface lot space convey. Also doubles as a great long term low maintenance investment property!

Last Agent to Sell the Property

Daniel Schuler

Compass Listed on: 09/17/2020

Compass

Co-Listed By

Scott Sachs

Compass

Last Buyer's Agent

Yehoshua Zuares

Compass License #0225269261

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1960

Lot Details

  • 915

HOA Fees

  • $527 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 690 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Assigned parking located at #Unit 1-4 (#4)
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161301039387

Community Details

Overview

  • Association fees include water, sewer, heat, electricity, gas, air conditioning, custodial services maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • Thayer Towers Subdivision

Amenities

  • Common Area
  • Elevator

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,725

Year Built

Built in 1960

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Assigned Parking Space Numbers: Unit 1-4 (#4)
  • Automatically Close On Close Date: No
  • Remarks Public: Convenience and stylish living meet at this incredible value just minutes to downtown Silver Spring. A turn key, totally renovated one bedroom one bath condo has been lovingly updated and is ready for a new owner. New floors And baseboards, renovated kitchen with stainless steel appliances, updated bath, and a balcony make for an efficient and cozy lifestyle. Sit out on the balcony and enjoy the quaint park surrounding. One covered garage parking space and one unassigned surface lot space convey. Also doubles as a great long term low maintenance investment property!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 690
  • Living Area Sq Ft: 690
  • Price Per Sq Ft: 268.12
  • Above Grade Finished Sq Ft: 690
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 575

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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 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: 526.54
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Security
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Heat, Electricity, Gas, Air Conditioning, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Land Use Code: 011
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14008201
  • Tax Annual Amount: 1725.00
  • Assessor Parcel Number: 161301039387
  • Tax Total Finished Sq Ft: 690
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/23/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 23, 2020
Sold by
Gelb Rebecca and Juarez Ali Baca
Bought by
Ward Norah Kathleen and Lurie Thomas
Seller's Agent
Daniel Schuler
Compass
Buyer's Agent
Yehoshua Zuares
Compass
List Price
$185,000
Sold Price
$200,000
Premium/Discount to List
$15,000
8.11%
Total Days on Market
5
Current Estimated Value
$184,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,275
Avg. Annual Appreciation
-0.73%
Original Mortgage
$194,000
Outstanding Balance
$174,590
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$18,474

Purchase Details

Listed on
Jan 24, 2017
Closed on
Nov 15, 2017
Sold by
Stanilevskiy Victor
Bought by
Gelb Rebecca Anne and Juarez Ali Baca
Seller's Agent
Eugenia Park
Long & Foster Real Estate, Inc.
Buyer's Agent
Melinda Estridge
Long & Foster Real Estate, Inc.
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%
Original Mortgage
$93,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Hill Ronald
Bought by
Stanilevskiy Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
5.75%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 7, 2000
Sold by
Black Dianne
Bought by
Hill Ronald

Purchase Details

Closed on
Feb 21, 1996
Sold by
Gant Dianne M
Bought by
Black Dianne
Source: Public Records

Range of Values:

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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
Ward Norah Kathleen $200,000 Cla Title & Escrow
Gelb Rebecca Anne $125,000 Fidelity Natl Title Ins Co
Stanilevskiy Victor $195,000 --
Stanilevskiy Victor $195,000 --
Hill Ronald $47,400 --
Black Dianne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Norah Kathleen $194,000
Previous Owner Gelb Rebecca Anne $93,750
Previous Owner Stanilevskiy Victor $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $200,000 +8.1% $290 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $185,000 +48.0% $268 / Sq Ft
11/29/2017 11/29/17 Sold $125,000 +4.2% $181 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $120,000 0.0% $174 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/02/2017 08/02/17 Price Changed $120,000 -14.3% $174 / Sq Ft
06/28/2017 06/28/17 Price Changed $140,000 0.0% $203 / Sq Ft
06/28/2017 06/28/17 For Sale $140,000 +7.7% $203 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $130,000 0.0% $188 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $130,000 -- $188 / 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
2024 $2,230 $190,000 $57,000 $133,000
2023 $2,114 $180,000 $0 $0
2022 $1,223 $170,000 $0 $0
2021 $1,110 $160,000 $48,000 $112,000
2020 $1,764 $156,667 $0 $0
2019 $1,726 $153,333 $0 $0
2018 $1,692 $150,000 $45,000 $105,000
2017 $1,759 $150,000 $0 $0
2016 $2,009 $150,000 $0 $0
2015 $2,009 $150,000 $0 $0
2014 $2,009 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Schuler

    Seller's Agent in 2020

    Daniel Schuler

    Compass

    (301) 651-1895

    2 in this area

    274 Total Sales

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  • Scott Sachs

    Seller Co-Listing Agent in 2020

    Scott Sachs

    Compass

    (301) 908-4373

    2 in this area

    273 Total Sales

    Section Image
  • Yehoshua Zuares

    Buyer's Agent in 2020

    Yehoshua Zuares

    Compass

    (240) 475-0307

    4 in this area

    58 Total Sales

    Section Image
  • Eugenia Park

    Seller's Agent in 2017

    Eugenia Park

    Long & Foster

    (301) 346-5079

    4 in this area

    14 Total Sales

    Section Image
  • Melinda Estridge

    Buyer's Agent in 2017

    Melinda Estridge

    Long & Foster

    (301) 657-9700

    3 in this area

    226 Total Sales

    Section Image
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About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC726118

Bright MLS

APN: 13-01039387

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 102, Silver Spring, MD

This home is located at 575 Thayer Ave Unit 102, Silver Spring, MD 20910 since 17 September 2020 and is currently estimated at $188,899, approximately $273 per square foot. This property was built in 1960. 575 Thayer Ave Unit 102 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.

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