NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 307 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $132,000 - $175,000

Studio
1 Bath
355 Sq Ft
697 Sq Ft Lot Lot

Sale Details

Date Sold: November 21, 2022

Last sale price $142,000 $400 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,361 / mo

23 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Great Room
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • 5-minute walk to Nolte Local Park

About This Home

As of November 2022

NEW LISTING! Jewel box of a unit in prime downtown Silver Spring location! RECENTLY RENOVATED from top-to-bottom with all new floors, kitchen, bath in cool contemporary designer finishes -- MUST SEE! This unit has it all! Spacious BALCONY, huge WALK-IN CLOSET, on-site manager 24/7, FREE PARKING. And great deal -- ALL UTILITIES INCLUDED!! Just a few blocks from the center of downtown Silver Spring's arts and entertainment, with Whole Foods, shopping, restaurants, dining, movie theatre. Only 5 minute walk to Red Line METRO. Dog and cat friendly. Easy commute to 495, UMD, Bethesda, DC. Near future PURPLE LINE station -- investment potential!!! Great rental, pied-a-terre, or first time home (take advantage of Maryland's grant and down payment programs). FHA approved! Rare find, ACT QUICKLY!!!

Last Agent to Sell the Property

Paloma Costa

(202) 386-6330 paloma.costa@compass.com Compass License #SP98373925 Listed on: 10/13/2022

Compass

Last Buyer's Agent

Amina Camara

(301) 359-6060 agentamina@gmail.com DMV Residential Realty License #657911

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1960

Lot Details

  • 697

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Studio
  • Brick Exterior Construction

Interior Spaces

  • 355 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Great Room
  • Dining Area
  • Efficiency Studio
  • Wood Flooring
  • Intercom

Kitchen

  • Kitchenette
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161301635331

Community Details

Overview

  • Association fees include air conditioning, alarm system, common area maintenance, electricity, exterior building maintenance, gas, heat, insurance, lawn maintenance, management, parking fee, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Mid-Rise Community
  • Thayer Towers Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,235

Year Built

Built in 1960

Lot Details

697 Sq Ft Lot

HOA Fees

$421 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional, Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 10/13/2022 12:00:00 AM
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Combination Kitchen/Living, Dining Area, Efficiency, Flat, Floor Plan - Open, Intercom, Kitchenette, Studio, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Kitchen, Great Room, Bathroom 1
  • Basement: No
  • Total Sq Ft: 355
  • Living Area Sq Ft: 355
  • Price Per Sq Ft: 419.72
  • Above Grade Finished Sq Ft: 355
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • 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: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Tankless
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 420.62
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Cable, Common Grounds, Elevator, Extra Storage, Laundry Facilities, Library, Picnic Area, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Alarm System, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R10
  • In City Limits: No

Rental Info

  • Pets: Number Limit, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1235.00
  • Assessor Parcel Number: 161301635331
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

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

Closed on
Jun 1, 2023
Sold by
Bought by
Current Estimated Value
$150,043

Purchase Details

Listed on
Oct 13, 2022
Closed on
Nov 21, 2022
Sold by
Bought by
Seller's Agent
Paloma Costa
Compass
Buyer's Agent
Amina Camara
DMV Residential Realty
List Price
$149,000
Sold Price
$142,000
Premium/Discount to List
-$7,000
-4.7%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 16, 2021
Sold by
Bought by
Seller's Agent
Ms. Eugenia Park
Long & Foster Real Estate, Inc.
Buyer's Agent
Paloma Costa
Compass
List Price
$125,500
Sold Price
$126,000
Premium/Discount to List
$500
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$101,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 1997
Sold by
Bought by
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Listed On Document
$142,000 Abode Title
$142,000 Abode Title
$126,000 District Title
$60,000 --
-- --
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
Previous Owner $101,000
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 Prior Sale
11/21/2022 11/21/22 Sold $142,000 -4.7% $400 / Sq Ft
10/20/2022 10/20/22 For Sale $149,000 +4.9% $420 / Sq Ft
10/14/2022 10/14/22 Off Market $142,000 -- --
10/13/2022 10/13/22 For Sale $149,000 +18.3% $420 / Sq Ft
08/16/2021 08/16/21 Sold $126,000 +5.0% $277 / Sq Ft View Prior Sale
07/30/2021 07/30/21 Pending -- -- --
07/04/2021 07/04/21 Price Changed $120,000 -4.4% $264 / Sq Ft
06/25/2021 06/25/21 For Sale $125,500 -- $276 / Sq Ft
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 $1,571 $131,667 -- --
2024 $1,482 $125,000 $37,500 $87,500
2023 $1,385 $116,667 $0 $0
2022 $1,235 $108,333 $0 $0
2021 $1,140 $100,000 $30,000 $70,000
2020 $1,064 $96,667 $0 $0
2019 $1,064 $93,333 $0 $0
2018 $994 $90,000 $27,000 $63,000
2017 $1,068 $90,000 $0 $0
2016 -- $90,000 $0 $0
2015 $1,045 $90,000 $0 $0
2014 $1,045 $90,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paloma Costa

    Seller's Agent in 2022

    Paloma Costa

    Compass

    (202) 826-4663

    2 in this area

    57 Total Sales

    Paloma Costa
    Section Image
  • Amina Camara

    Buyer's Agent in 2022

    Amina Camara

    DMV Residential Realty

    (202) 345-7955

    1 in this area

    44 Total Sales

    Amina Camara
    Section Image
  • Ms. Eugenia Park

    Seller's Agent in 2021

    Ms. Eugenia Park

    Long & Foster

    (301) 346-5079

    4 in this area

    8 Total Sales

    Ms. Eugenia Park
    Section Image
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About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2070130

Bright MLS

APN: 13-01635331

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 307, Silver Spring, MD

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