Seller's Agent in 2024
Jack Wang
Real Living at Home
(240) 731-9919
2 in this area
156 Total Sales
Thayer Towers Condominiums 575 Thayer Ave Unit 801 Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated Value: $158,000 - $176,160
1
Bed
1
Bath
689
Sq Ft
$635/mo
HOA Fee
Highlights
- View of Trees or Woods
- Open Floorplan
- Elevator
- Takoma Park Middle School Rated A
- Colonial Architecture
- 5-minute walk to Nolte Local Park
About This Home
As of October 2024Are you looking for a home with an amazing view from your private balcony? Or are you looking for a cash flowing investment property to add to your portfolio? Then look no further than this charming 1-bedroom, 1-bath condo offers a perfect chance for homeownership in the vibrant heart of Downtown Silver Spring. Inside, you'll find a functional and spacious layout featuring separate living and dining areas, alongside a kitchen ready for your culinary creations. The balcony is a huge bonus! Sweeping views of trees, nature and the tops of nearby homes. What a great space to start your morning with eastern exposed windows. Or unwind after a long day and catch that golden hour glow. The spacious bedroom includes a generous closet and the bathroom features ceramic tiles, vanity and porcelain tub. The condo boasts a new electric panel! The condo fee covers all utilities, and it’s FHA approved. Pets are welcome! Just minutes from the Metro, shops, restaurants, a movie theater, grocery stores, Silver Spring Library, parks, The Fillmore, and much more. Everything you need is within reach. Whether you’re commuting to work or enjoying city life, this condo provides the perfect blend of convenience and comfort. Seize this opportunity—make it yours today! All this PLUS a separately deeded underground parking space!
Last Agent to Sell the Property
(240) 731-9919 jack@rlathome.com RLAH @properties Listed on: 07/23/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,885
Year Built
- Built in 1960
Lot Details
- 915
HOA Fees
- $635 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- Colonial Architecture
- Entry on the 8th floor
- Brick Exterior Construction
Interior Spaces
- 689 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Dining Area
- Views of Woods
- Intercom
Kitchen
- Stove
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
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
Listing and Financial Details
- Assessor Parcel Number 161301635648
Community Details
Overview
- Association fees include air conditioning, common area maintenance, gas, heat, insurance, sewer, trash, water
- Mid-Rise Condominium
- Thayer Towers Condo Community
- Thayer Towers Subdivision
Amenities
- Common Area
- Laundry Facilities
- Elevator
Pet Policy
- Limit on the number of pets
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2024
Closed on
Oct 31, 2024
Sold by
Miller Linda
Bought by
Sturm Rebecca
Seller's Agent
Jack Wang
RLAH @properties
Buyer's Agent
Philip Sturm
Long & Foster Real Estate, Inc.
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Views
133
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,790
Avg. Annual Appreciation
0.93%
Original Mortgage
$25,000
Interest Rate
1.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 18, 2014
Closed on
Sep 24, 2014
Sold by
Jarvis Matthew Lynn and Jarvis Kelly
Bought by
Miller Linda
Seller's Agent
Richard Thompson
RE/MAX Town Center
Buyer's Agent
Koki Adasi
Compass
List Price
$150,000
Sold Price
$150,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Purchase Details
Closed on
Jan 17, 2007
Sold by
Akinkoye Rachael
Bought by
Jarvis Matthew Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2006
Sold by
Akinkoye Rachael
Bought by
Jarvis Matthew Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 2004
Sold by
Burger Mary W
Bought by
Akinkoye Rachael
Purchase Details
Closed on
Oct 1, 1998
Sold by
Fed Nat'L Mortg Ass'N
Bought by
Burger Mary W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sturm Rebecca | $165,000 | Federal Title | |
| Sturm Rebecca | $165,000 | Federal Title | |
| Miller Linda | $150,000 | First American Title Ins Co | |
| Jarvis Matthew Lynn | $221,500 | -- | |
| Jarvis Matthew Lynn | $221,500 | -- | |
| Akinkoye Rachael | $122,700 | -- | |
| Akinkoye Rachael | $122,700 | -- | |
| Burger Mary W | $37,000 | -- | |
| Fed Nat'L Mortg Ass'N | $37,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Sturm Rebecca | $25,000 | |
| Open | Sturm Rebecca | $132,000 | |
| Closed | Sturm Rebecca | $132,000 | |
| Previous Owner | Jarvis Matthew Lynn | $221,500 | |
| Previous Owner | Jarvis Matthew Lynn | $221,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $165,000 | 0.0% | $239 / Sq Ft | |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- | |
| 09/30/2024 09/30/24 | Price Changed | $165,000 | -2.9% | $239 / Sq Ft | |
| 09/05/2024 09/05/24 | Price Changed | $169,900 | -1.5% | $247 / Sq Ft | |
| 08/26/2024 08/26/24 | Price Changed | $172,500 | -3.4% | $250 / Sq Ft | |
| 08/12/2024 08/12/24 | Price Changed | $178,500 | -3.5% | $259 / Sq Ft | |
| 07/23/2024 07/23/24 | For Sale | $185,000 | +23.3% | $269 / Sq Ft | |
| 09/24/2014 09/24/14 | Sold | $150,000 | 0.0% | $218 / Sq Ft | View Prior Sale |
| 06/27/2014 06/27/14 | Pending | -- | -- | -- | |
| 06/18/2014 06/18/14 | For Sale | $150,000 | -- | $218 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,110 | $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 | $2,009 | $150,000 | $0 | $0 |
| 2015 | $2,009 | $150,000 | $0 | $0 |
| 2014 | $2,009 | $150,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Wang
-
Philip Sturm
Buyer's Agent in 2024
Philip Sturm
Long & Foster
(301) 213-3528
2 in this area
95 Total Sales
-
R
Seller's Agent in 2014
Richard Thompson
RE/MAX
-
Chris Thompson
Seller Co-Listing Agent in 2014
Chris Thompson
RE/MAX
(301) 758-2679
102 Total Sales
-
Koki Adasi
Buyer's Agent in 2014
Koki Adasi
Compass
(240) 994-3941
6 in this area
291 Total Sales
About Thayer Towers Condominiums
Map
Source: Bright MLS
MLS Number: MDMC2141416
APN: 13-01635648
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