NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 601 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $162,000 - $190,000

1 Bed
1 Bath
689 Sq Ft
$487/mo HOA Fee

Last Sold August 31, 2020

Last sale price $140,000 $203 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,608/month

317 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Balcony
  • Takoma Park Middle School Rated A
  • Elevator
  • 5-minute walk to Nolte Local Park

About This Home

As of August 2020

Nice one bedroom, one bath condominium on the 6th floor. Balcony. Indoor Garage Space! Great location, less than 1 mile to downtown Silver Spring. All Utilities Included. Close to Silver Spring METRO, shopping, restaurants and entertainment! Great for investor.

Last Agent to Sell the Property

Nasser Kuzbari

Long & Foster Real Estate, Inc. License #SP98371471 Listed on: 08/05/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Andrea Grant

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1960

Lot Details

  • 915

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 689 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301635502

Community Details

Overview

  • Association fees include electricity, gas, heat, sewer, trash, water, common area maintenance, lawn care side, snow removal
  • Mid-Rise Condominium
  • Thayer Towers Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,725

Year Built

Built in 1960

Lot Details

0

HOA Fees

$487 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-08-08
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Nice one bedroom, one bath condominium on the 6th floor. Balcony. Indoor Garage Space! Great location, less than 1 mile to downtown Silver Spring. All Utilities Included. Close to Silver Spring METRO, shopping, restaurants and entertainment! Great for investor.
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Fireplace: No
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 689
  • Living Area Sq Ft: 689
  • Price Per Sq Ft: 217.71
  • 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, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: Underground
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 487.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Electricity, Gas, Heat, Sewer, Trash, Water, Common Area Maintenance, Lawn Care Side, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: 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: 112000.00
  • Land Assessed Value: 48000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14050481
  • Tax Annual Amount: 1725.00
  • Assessor Parcel Number: 161301635502
  • Tax Total Finished Sq Ft: 689
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Aug 31, 2020
Sold by
Watson Paris A
Bought by
Gra Holdings Llc
Seller's Agent
Nasser Kuzbari
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrea Grant
Berkshire Hathaway HomeServices PenFed Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$178,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,308
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Warno Lisa M
Bought by
Watson Paris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,432
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2008
Sold by
Warno Lisa M
Bought by
Watson Paris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,432
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Emanuel Erin
Bought by
Warno Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,637
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Emanuel Erin
Bought by
Warno Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,637
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gra Holdings Llc $140,000 Michaels T&E Llc
Watson Paris A $205,000 --
Watson Paris A $205,000 --
Warno Lisa M $150,000 --
Warno Lisa M $150,000 --
Warno Lisa M $150,000 --
Warno Lisa M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Paris A $198,432
Previous Owner Watson Paris A $198,432
Previous Owner Warno Lisa M $144,637
Previous Owner Warno Lisa M $144,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $140,000 -6.7% $203 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
08/06/2019 08/06/19 For Sale $150,000 +7.1% $218 / Sq Ft
08/05/2019 08/05/19 Off Market $140,000 -- --
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 $1,884 $160,000 $48,000 $112,000
2022 $1,805 $160,000 $48,000 $112,000
2021 $1,802 $160,000 $48,000 $112,000
2020 $2,145 $156,667 $0 $0
2019 $1,034 $153,333 $0 $0
2018 $1,657 $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

  • Nasser Kuzbari

    Seller's Agent in 2020

    Nasser Kuzbari

    Long & Foster

    (301) 325-4855

    1 in this area

    18 Total Sales

    Nasser Kuzbari
    Section Image
  • Andrea Grant

    Buyer's Agent in 2020

    Andrea Grant

    BHHS PenFed (actual)

    (301) 728-5048

    5 Total Sales

    Andrea Grant
    Section Image
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About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC672660

Bright MLS

APN: 13-01635502

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 601, Silver Spring, MD

This home is located at 575 Thayer Ave Unit 601, Silver Spring, MD 20910 since 05 August 2019 and is currently estimated at $178,308, approximately $258 per square foot. This property was built in 1960. 575 Thayer Ave Unit 601 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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