NOT LISTED FOR SALE

Thayer Towers Condominiums 575 Thayer Ave Unit 605 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $224,000 - $275,000

2 Beds
1.5 Baths
970 Sq Ft
$587/mo HOA Fee

Last Sold December 18, 2020

Last sale price $225,000 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,158/month

5 Days on Market

Highlights

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

About This Home

As of December 2020

**MULTIPLE OFFERS RECEIVED. BEST AND FINAL OFFERS DUE BY 8PM 11/22** Welcome to a rarely available corner unit at Thayer Towers! Freshly painted throughout, this condo offers two generous sized bedrooms, one full bathroom, and an ensuite half bathroom. The kitchen has been updated with new stainless steel appliances and new countertops. Enjoy breathtaking views from the private balcony overlooking trees and parkland. Ideally situated minutes from Downtown Silver Spring and the Silver Spring Metro station, parks and trails, this building is also located close to major commuter routes I-97, I-29 and I-495. Condo fee includes all utilities and parking (an added bonus in Silver Spring!) Call Jordan at 301.787.5613 with questions.

Last Agent to Sell the Property

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 11/18/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Jordan Feld

Long & Foster Real Estate, Inc. License #SP98375590

Last Buyer's Agent

Shalisha Ragland

RLAH @properties License #SP200201629

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 1960

Lot Details

  • 1,089

HOA Fees

  • $587 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 970 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Parking

  • Parking Lot
  • Unassigned Parking

Schools

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

Utilities

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

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 161301635546

Community Details

Overview

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

Amenities

  • Common Area
  • Laundry Facilities

Pet Policy

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

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,166

Year Built

Built in 1960

Lot Details

0

HOA Fees

$587 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
  • Exclusions: See online disclosures
  • Inclusions: See online disclosures
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: **MULTIPLE OFFERS RECEIVED. BEST AND FINAL OFFERS DUE BY 8PM 11/22** Welcome to a rarely available corner unit at Thayer Towers! Freshly painted throughout, this condo offers two generous sized bedrooms, one full bathroom, and an ensuite half bathroom. The kitchen has been updated with new stainless steel appliances and new countertops. Enjoy breathtaking views from the private balcony overlooking trees and parkland. Ideally situated minutes from Downtown Silver Spring and the Silver Spring Metro station, parks and trails, this building is also located close to major commuter routes I-97, I-29 and I-495. Condo fee includes all utilities and parking (an added bonus in Silver Spring!) Call Jordan at 301.787.5613 with questions.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Dishwasher
  • Entry Floor: 6
  • Interior Amenities: Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Gourmet, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 970
  • Living Area Sq Ft: 970
  • Price Per Sq Ft: 226.70
  • Above Grade Finished Sq Ft: 970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 575

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half 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
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 586.75
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Security, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Parking Fee, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: EAST SILVER SPRING
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 133000.00
  • Land Assessed Value: 57000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction, Number Limit, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14050485
  • Tax Annual Amount: 2166.00
  • Assessor Parcel Number: 161301635546
  • Tax Total Finished Sq Ft: 970
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 17, 2020
Sold by
Rubin Zachary C and Rubin Jessica R
Bought by
Fleetwood Krystle
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Shalisha Ragland
RLAH @properties
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$250,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,803
Avg. Annual Appreciation
2.76%
Original Mortgage
$190,792
Outstanding Balance
$170,642
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$85,154

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 31, 2015
Sold by
Huber Louis Christian and Schulz Priscilla Mary
Bought by
Rubin Zachary and Riddell Jessica T
Seller's Agent
Karen Berlin
Compass
Buyer's Agent
Jordan Feld
Long & Foster Real Estate, Inc.
List Price
$195,000
Sold Price
$200,850
Premium/Discount to List
$5,850
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Original Mortgage
$160,680
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jul 10, 2012
Sold by
Ramnarine Edileuza N and Ramnarine Dhanpaul
Bought by
Huber Louis Christian and Schulz Priscilla Mary
Seller's Agent
Eugenia Park
Long & Foster Real Estate, Inc.
Buyer's Agent
Mr. Jim Frank
Equity One Realty
List Price
$200,000
Sold Price
$194,000
Premium/Discount to List
-$6,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.14%
Original Mortgage
$148,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Smith Edilevza
Bought by
Ramnarine Edileuza N and Ramnarine Dhanpaul

Purchase Details

Closed on
Jul 16, 2005
Sold by
Smith Edilevza
Bought by
Ramnarine Edileuza N and Ramnarine Dhanpaul

Purchase Details

Closed on
Aug 21, 1996
Sold by
K Angus E and K Wootten B
Bought by
Smith Edilevza
Source: Public Records

Range of Values:

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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
Fleetwood Krystle $225,000 Smart Settlements Llc
Rubin Zachary $200,850 Commonwealth Land Title
Huber Louis Christian $194,000 Property Title & Escrow Llc
Ramnarine Edileuza N -- --
Ramnarine Edileuza N -- --
Smith Edilevza $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleetwood Krystle $190,792
Previous Owner Rubin Zachary $160,680
Previous Owner Huber Louis Christian $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $225,000 +2.3% $232 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $219,900 +9.5% $227 / Sq Ft
07/31/2015 07/31/15 Sold $200,850 +3.0% $207 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $195,000 +0.5% $201 / Sq Ft
07/11/2012 07/11/12 Sold $194,000 -5.4% $200 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
04/27/2012 04/27/12 Price Changed $205,000 +2.5% $211 / Sq Ft
04/21/2012 04/21/12 For Sale $200,000 -- $206 / 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 $2,576 $225,000 -- --
2024 $2,576 $220,000 $66,000 $154,000
2023 $1,806 $213,333 $0 $0
2022 $1,628 $206,667 $0 $0
2021 $1,551 $200,000 $60,000 $140,000
2020 $3,027 $196,667 $0 $0
2019 $1,475 $193,333 $0 $0
2018 $2,099 $190,000 $57,000 $133,000
2017 $1,450 $186,667 $0 $0
2016 -- $183,333 $0 $0
2015 -- $180,000 $0 $0
2014 -- $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coley Reed

    Seller's Agent in 2020

    Coley Reed

    Long & Foster

    (301) 674-2829

    3 in this area

    589 Total Sales

    Coley Reed
    Section Image
  • Jordan Feld

    Seller Co-Listing Agent in 2020

    Jordan Feld

    Long & Foster

    (301) 787-5613

    1 in this area

    43 Total Sales

    Jordan Feld
    Section Image
  • Shalisha Ragland

    Buyer's Agent in 2020

    Shalisha Ragland

    Real Living at Home

    (703) 593-6181

    1 in this area

    106 Total Sales

    Shalisha Ragland
    Section Image
  • Karen Berlin

    Seller's Agent in 2015

    Karen Berlin

    Compass

    (301) 980-0650

    11 Total Sales

    Karen Berlin
    Section Image
  • Eugenia Park

    Seller's Agent in 2012

    Eugenia Park

    Long & Foster

    (301) 346-5079

    4 in this area

    13 Total Sales

    Eugenia Park
    Section Image

  • M

    Buyer's Agent in 2012

    Mr. Jim Frank

    Equity One Realty

    (410) 935-9789

    8 Total Sales

    Mr. Jim Frank
    Section Image
See All Agents

About Thayer Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC734192

Bright MLS

APN: 13-01635546

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

575 Thayer Ave Unit 605, Silver Spring, MD

This home is located at 575 Thayer Ave Unit 605, Silver Spring, MD 20910 since 18 November 2020 and is currently estimated at $250,803, approximately $258 per square foot. This property was built in 1960. 575 Thayer Ave Unit 605 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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