NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 402 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $154,000 - $264,000

1 Bed
1 Bath
690 Sq Ft
$511/mo HOA Fee

Last Sold February 10, 2017

Last sale price $170,000 $246 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,671/month

41 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Cooling System Utilizes Natural Gas
  • Takoma Park Middle School Rated A
  • Intercom
  • 5-minute walk to Nolte Local Park

About This Home

As of February 2017

Stunning sunny renovated condo few blocks from downtown Silver Spring's shopping/dining, hiker-biker trails, parks, Metro, theaters, library. Laminate floor throughout the apt, granite countertop /stainless steel appliances, On-site parking; Private balcony with incredible views. Condo fee includes all utilities. Laundry just across the hall.

Last Agent to Sell the Property

Yizhak Etedgi

(240) 380-9273 ietedgi@gmail.com HomeSmart License #640628 Listed on: 12/02/2016

HomeSmart

Co-Listed By

Carlos Mesa

(240) 372-5590 caja99886@gmail.com Smart Realty, LLC License #520741

Last Buyer's Agent

Jim Connolly

(202) 550-7460 jim.connolly@LNF.com Long & Foster Real Estate, Inc. License #0225196535

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1973

Lot Details

  • 915

HOA Fees

  • $511 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 690 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161301635364

Community Details

Overview

  • Association fees include electricity, gas, heat, insurance, parking fee, sewer, water, trash
  • Mid-Rise Condominium
  • Thayer Towers Community
  • Thayer Towers Subdivision
  • The community has rules related to moving in times, parking rules

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,759

Year Built

Built in 1973

Lot Details

0

HOA Fees

$511 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
  • New Construction: No
  • Story List: Main
  • Year Built: 1973
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Star Refrigerator, Microwave
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 690
  • Living Area Sq Ft: 690
  • Price Per Sq Ft: 267.39
  • Above Grade Finished Sq Ft: 690
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Pool Private: No
  • 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

Utilities

  • Refuse: 19.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 511.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Electricity, Gas, Heat, Insurance, Parking Fee, Sewer, Water, Trash
  • HOA Condo Co-Op Rules: Moving In Times, Parking, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Efficiency: Appliances
  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14050467
  • Tax Annual Amount: 1758.61
  • Assessor Parcel Number: 161301635364
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Feb 10, 2017
Sold by
Ghosh Sreya
Bought by
Lowton William N
Seller's Agent
Yizhak Etedgi
HomeSmart
Buyer's Agent
Jim Connolly
Long & Foster Real Estate, Inc.
List Price
$184,500
Sold Price
$170,000
Premium/Discount to List
-$14,500
-7.86%
Current Estimated Value
$192,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,071
Avg. Annual Appreciation
1.38%
Original Mortgage
$161,500
Outstanding Balance
$133,415
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$58,656

Purchase Details

Listed on
Mar 1, 2014
Closed on
Apr 8, 2014
Sold by
The Secretary Of Veterans Affairs
Bought by
Ghosh Sreya
Seller's Agent
Charles W Worthy
The Real Estate Store
Buyer's Agent
Yizhak Etedgi
HomeSmart
List Price
$90,500
Sold Price
$92,500
Premium/Discount to List
$2,000
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.28%
Original Mortgage
$83,250
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2014
Sold by
Fernandez Carolos R and Case #377547-V
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 10, 2009
Sold by
Follot Roland R
Bought by
Fernandez Carlos R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lowton William N $170,000 Sage Title Group Llc
Ghosh Sreya $92,500 Realty Title Services Inc
The Secretary Of Veterans Affairs $132,195 None Available
Fernandez Carlos R $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowton William N $161,500
Previous Owner Ghosh Sreya $83,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2017 02/10/17 Sold $170,000 -7.9% $246 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $184,500 +99.5% $267 / Sq Ft
04/25/2014 04/25/14 Sold $92,500 0.0% $134 / Sq Ft View Prior Sale
03/11/2014 03/11/14 Pending -- -- --
03/07/2014 03/07/14 Off Market $92,500 -- --
03/01/2014 03/01/14 For Sale $90,500 -- $131 / 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
2025 $1,885 $165,000 -- --
2024 $1,885 $160,000 $48,000 $112,000
2023 $2,576 $160,000 $48,000 $112,000
2022 $1,290 $160,000 $48,000 $112,000
2021 $1,072 $160,000 $48,000 $112,000
2020 $2,145 $156,667 $0 $0
2019 $1,034 $153,333 $0 $0
2018 $1,000 $150,000 $45,000 $105,000
2017 $1,067 $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

  • Yizhak Etedgi

    Seller's Agent in 2017

    Yizhak Etedgi

    HomeSmart

    (240) 380-9273

    2 in this area

    36 Total Sales

    Yizhak Etedgi
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Carlos Mesa

    Smart Realty, LLC

    (240) 372-5590

    1 in this area

    63 Total Sales

    Carlos Mesa
    Section Image
  • Jim Connolly

    Buyer's Agent in 2017

    Jim Connolly

    Long & Foster

    (202) 550-7460

    4 in this area

    99 Total Sales

    Jim Connolly
    Section Image

  • C

    Seller's Agent in 2014

    Charles W Worthy

    The Real Estate Store

    (301) 580-2636

    27 Total Sales

    Charles W Worthy
    Section Image

  • M

    Seller Co-Listing Agent in 2014

    Mable Rich

    The Real Estate Store

    (202) 425-1055

    1 in this area

    10 Total Sales

    Mable Rich
    Section Image
See All Agents

About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: 1002473603

Bright MLS

APN: 13-01635364

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 402, Silver Spring, MD

Not Listed for Sale

Condos

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