NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 407 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $135,000 - $173,000

1 Bed
1 Bath
455 Sq Ft
$382/mo HOA Fee

Last Sold August 31, 2021

Last sale price $138,000 $303 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,314/month

Highlights

  • Great Room
  • Balcony
  • Security Service
  • Takoma Park Middle School Rated A
  • Intercom
  • 5-minute walk to Nolte Local Park

About This Home

As of August 2021

Open design studio in pristine condition in a boutique building . Parking and utilities included in low condo fee. Perfectly located within minutes to Red Line Metro, between parks with playing fields, tennis courts, bike trails, mature trees. Serenity setting, yet a few blocks from the bustling Downtown Silver Spring. Updated throughout with fresh paint, plumbing fixtures, granite counter top, gas cooking, and more! Double size balcony. Full of light, open unobstructed views of trees, and balcony a size of a room! Resident Manager in the building 24/7. Virtually rendered photos are based on actual Great Room measurements. Easy commute anywhere in DMV or nationally. Owner is a Realtor.

Last Agent to Sell the Property

Eugenia Park

(301) 346-5079 eugenia.park@longandfoster.com Long & Foster Real Estate, Inc. License #81936 Listed on: 02/12/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Eugenia Park

(301) 346-5079 eugenia.park@longandfoster.com Long & Foster Real Estate, Inc. License #81936 Listed on: 02/12/2021

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 1960

Lot Details

  • Property is in excellent condition

HOA Fees

  • $382 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 455 Sq Ft Home
  • Property has 1 Level
  • Great Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Exterior Cameras
  • Monitored

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Outdoor Grill
  • Playground

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161301635411

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 Condominium
  • Thayer Towers Condos
  • Thayer Towers Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,064

Year Built

Built in 1960

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-02-12
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Open design studio in pristine condition in a boutique building . Parking and utilities included in low condo fee. Perfectly located within minutes to Red Line Metro, between parks with playing fields, tennis courts, bike trails, mature trees. Serenity setting, yet a few blocks from the bustling Downtown Silver Spring. Updated throughout with fresh paint, plumbing fixtures, granite counter top, gas cooking, and more! Double size balcony. Full of light, open unobstructed views of trees, and balcony a size of a room! Resident Manager in the building 24/7. Virtually rendered photos are based on actual Great Room measurements. Easy commute anywhere in DMV or nationally. Owner is a Realtor.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Room List: Kitchen, Great Room, Bathroom 1
  • Basement: No
  • Laundry Type: Has Laundry, Common
  • Total Sq Ft: 455
  • Living Area Sq Ft: 455
  • Price Per Sq Ft: 307.69
  • Above Grade Finished Sq Ft: 455
  • 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
  • Exterior Features: Bbq Grill, Play Area
  • Spa: No
  • 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: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units, Central A/C
  • Heating Fuel: Central
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Security: Carbon Monoxide Detector(s), Exterior Cameras, Intercom, Main Entrance Lock, Monitored, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 382.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THAYER TOWERS
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Laundry Facilities, 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 Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 30000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14050473
  • Tax Annual Amount: 1064.00
  • Assessor Parcel Number: 161301635411
  • Tax Page Number: 636
  • Tax Total Finished Sq Ft: 355
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/31/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Aug 31, 2021
Sold by
Park Eugenia
Bought by
Carroll Zawadi
Seller's Agent
Eugenia Park
Long & Foster Real Estate, Inc.
Buyer's Agent
Eugenia Park
Long & Foster Real Estate, Inc.
List Price
$145,000
Sold Price
$138,000
Premium/Discount to List
-$7,000
-4.83%
Current Estimated Value
$151,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,125
Avg. Annual Appreciation
2.24%
Original Mortgage
$133,860
Outstanding Balance
$121,803
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$29,322

Purchase Details

Closed on
Jun 15, 2005
Sold by
Jankowitz Stephen F and Jankowitz K
Bought by
Park Eugenia
Source: Public Records

Range of Values:

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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
Carroll Zawadi $138,000 Sage Title Group Llc
Park Eugenia $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carroll Zawadi $133,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $138,000 -1.4% $303 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/04/2021 07/04/21 Price Changed $140,000 -3.4% $308 / Sq Ft
05/25/2021 05/25/21 Price Changed $145,000 0.0% $319 / Sq Ft
05/25/2021 05/25/21 For Sale $145,000 +5.1% $319 / Sq Ft
05/13/2021 05/13/21 Off Market $138,000 -- --
04/29/2021 04/29/21 Price Changed $154,000 -11.5% $338 / Sq Ft
04/24/2021 04/24/21 Price Changed $174,000 +6.1% $382 / Sq Ft
03/18/2021 03/18/21 Price Changed $164,000 -4.1% $360 / Sq Ft
03/13/2021 03/13/21 Price Changed $171,000 +1.2% $376 / Sq Ft
02/12/2021 02/12/21 For Sale $169,000 0.0% $371 / Sq Ft
02/11/2021 02/11/21 Price Changed $169,000 -- $371 / 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 $1,540 $141,667 -- --
2024 $1,540 $130,000 $39,000 $91,000
2023 $2,115 $120,000 $0 $0
2022 $561 $110,000 $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

  • Eugenia Park

    Seller's Agent in 2021

    Eugenia Park

    Long & Foster

    (301) 346-5079

    4 in this area

    12 Total Sales

    Eugenia Park
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About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC742118

Bright MLS

APN: 13-01635411

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 407, Silver Spring, MD

This home is located at 575 Thayer Ave Unit 407, Silver Spring, MD 20910 since 12 February 2021 and is currently estimated at $151,125, approximately $332 per square foot. This property was built in 1960. 575 Thayer Ave Unit 407 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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