NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 401 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $164,000 - $218,000

1 Bed
1 Bath
689 Sq Ft
$580/mo HOA Fee

Last Sold October 28, 2022

Last sale price $195,000 $283 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,735/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Picnic Area
  • Takoma Park Middle School Rated A
  • Exterior Cameras
  • 5-minute walk to Nolte Local Park

About This Home

As of October 2022

Another opportunity to make this your home! Outstanding price and steps to Downtown Silver Spring.
Lovely 1 bed/1bath condo located in Thayer Towers. Monthly condo fee INCLUDES all utilities except internet/cable. Beautifully renovated kitchen, granite countertops, stainless steel appliances, wood floors and the spacious private balcony with tree lined views make this a special place to call home. Thayer Towers has a convenient picnic area and lawns that back to charming McNeills neighborhood. Located within 1 block to parks, six blocks to Whole Foods, restaurants, entertainment and eight blocks to Silver Spring Metro. Laundry rooms are available on each floor. On site manager. Pet friendly building.

Don't miss this Silver Spring gem!

Last Agent to Sell the Property

Trian Johnson

(301) 523-1132 tjohnsonsana@ttrsir.com TTR Sotheby's International Realty License #576718 Listed on: 07/26/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Carlton Hill

(202) 243-7700 Carltonhillmb@gmail.com Coldwell Banker Realty - Washington License #SP98359417

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1960

Lot Details

  • 915

HOA Fees

  • $580 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 689 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Exterior Cameras

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Surface Parking
  • Unassigned Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301635353

Community Details

Overview

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

Amenities

  • Picnic Area
  • Community Library
  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

Built in 1960

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Another opportunity to make this your home! Outstanding price and steps to Downtown Silver Spring. Lovely 1 bed/1bath condo located in Thayer Towers. Monthly condo fee INCLUDES all utilities except internet/cable. Beautifully renovated kitchen, granite countertops, stainless steel appliances, wood floors and the spacious private balcony with tree lined views make this a special place to call home. Thayer Towers has a convenient picnic area and lawns that back to charming McNeills neighborhood. Located within 1 block to parks, six blocks to Whole Foods, restaurants, entertainment and eight blocks to Silver Spring Metro. Laundry rooms are available on each floor. On site manager. Pet friendly building. Don't miss this Silver Spring gem!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 304.79
  • Above Grade Finished Sq Ft: 689
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface, Unassigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 580.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Library, Picnic Area
  • HOA Condo Co-Op Fee Includes: Heat, Trash, Water, Snow Removal, Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Insurance, Parking Fee, Reserve Funds
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Land Use Code: U
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: R10
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14050466
  • Tax Annual Amount: 1802.00
  • Assessor Parcel Number: 161301635353
  • Tax Total Finished Sq Ft: 689
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 3, 2022
Sold by
Bradfield Abigail
Bought by
Booker Clifford Robert
Seller's Agent
Trian Johnson
TTR Sotheby's International Realty
Buyer's Agent
Carlton Hill
Coldwell Banker Realty - Washington
List Price
$218,000
Sold Price
$195,000
Premium/Discount to List
-$23,000
-10.55%
Views
23
Current Estimated Value
$187,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,600
Avg. Annual Appreciation
-1.03%
Original Mortgage
$25,000
Outstanding Balance
$24,273
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$164,940

Purchase Details

Closed on
Jul 13, 2009
Sold by
Handwerker Harris
Bought by
Bradfield Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,741
Interest Rate
4.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2004
Sold by
Cummings Lasharn
Bought by
Handwerker Harris
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
Booker Clifford Robert $195,000 --
Bradfield Abigail $207,500 --
Handwerker Harris $135,000 --
Handwerker Harris $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booker Clifford Robert $25,000
Open Booker Clifford Robert $179,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $195,000 -7.1% $283 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
08/20/2022 08/20/22 Price Changed $210,000 -3.7% $305 / Sq Ft
07/26/2022 07/26/22 For Sale $218,000 0.0% $316 / Sq Ft
08/03/2014 08/03/14 Rented $1,375 -5.2% --
08/03/2014 08/03/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $1,450 -6.5% --
08/06/2012 08/06/12 Under Contract -- -- --
07/13/2012 07/13/12 For Rent $1,550 +3.3% --
07/13/2012 07/13/12 Rented $1,500 -- --
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 $1,885 $168,333 -- --
2024 $1,885 $160,000 $48,000 $112,000
2023 $1,192 $160,000 $48,000 $112,000
2022 $1,290 $160,000 $48,000 $112,000
2021 $1,802 $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 $1,317 $150,000 $0 $0
2015 $1,317 $150,000 $0 $0
2014 $1,317 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trian Johnson

    Seller's Agent in 2022

    Trian Johnson

    TTR Sotheby's International Realty

    (301) 523-1132

    1 in this area

    58 Total Sales

    Trian Johnson
    Section Image
  • Carlton Hill

    Buyer's Agent in 2022

    Carlton Hill

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 243-7700

    1 in this area

    44 Total Sales

    Carlton Hill
    Section Image
  • Lee Goldstein

    Seller's Agent in 2014

    Lee Goldstein

    Northgate Realty, LLC

    (202) 744-8060

    13 Total Sales

    Lee Goldstein
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Michelle DeLucia

    Long & Foster

    Section Image

  • S

    Buyer's Agent in 2014

    Suzy Zusy

    Long & Foster

    Section Image

  • D

    Seller's Agent in 2012

    Douglas Vaughan

    Long & Foster

    (301) 221-2803

    3 Total Sales

    Douglas Vaughan
    Section Image
See All Agents

About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2062582

Bright MLS

APN: 13-01635353

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 401, Silver Spring, MD

This home is located at 575 Thayer Ave Unit 401, Silver Spring, MD 20910 since 26 July 2022 and is currently estimated at $187,400, approximately $271 per square foot. This property was built in 1960. 575 Thayer Ave Unit 401 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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