NOT LISTED FOR SALE

The Carolyn Condominiums 614 Sligo Ave Unit 507 Silver Spring, MD 20910

Silver Spring Park Neighborhood

Estimated Value: $188,000 - $263,000

2 Beds
1 Bath
1,165 Sq Ft
$721/mo HOA Fee

Last Sold October 25, 2016

Last sale price $180,000 $155 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,101/month

17 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Garden View
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • 4-minute walk to Sligo Ave Neighborhood Park

About This Home

As of October 2016

Just Reduced! Huge 2 BR 1 Bath (1165 SF) condo located near Downtown Silver Spring, Restaurants, Shopping, Whole Foods, Parks and the Silver Spring Metro. Updated kitchen with new appliances, granite countertops and cabinets. Walk in Closet in Master Bedroom. Refinished hardwood flooring throughout this expansive home. Tons of Natural. Condo fee includes all utilities, parking and CAM.

Last Agent to Sell the Property

Jack Wang

(240) 731-9919 jack@rlathome.com RLAH @properties Listed on: 09/06/2016

RLAH @properties

Last Buyer's Agent

Dina Paxenos

(202) 256-1624 dina@DinaPaxenos.com Northgate Realty, LLC License #622729

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $929

Year Built

  • Built in 1975

Lot Details

  • Property is in very good condition

HOA Fees

  • $721 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,165 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Dining Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 67
  • 1 Assigned Parking Space

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161301659688

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, lawn maintenance, management, insurance, custodial services maintenance, gas, heat, parking fee, reserve funds, snow removal, trash, water, laundry
  • Mid-Rise Condominium
  • The Carolyn Condos Community
  • The Carolyn Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Laundry Facilities
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$929

Year Built

Built in 1975

Lot Details

0

HOA Fees

$721 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Icemaker, Oven/Range - Gas
  • Interior Amenities: Dining Area, Breakfast Area, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: High
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1165
  • Living Area Sq Ft: 1165
  • Price Per Sq Ft: 158.80
  • Above Grade Finished Sq Ft: 1165
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • View: Garden/Lawn
  • View: Yes
  • 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
  • Parking Space Number Assigned: 67

Utilities

  • Refuse: 19.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 721.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Custodial Services Maintenance, Gas, Heat, Parking Fee, Reserve Funds, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14050848
  • Tax Annual Amount: 929.36
  • Assessor Parcel Number: 161301659688
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Oct 25, 2016
Sold by
Yimam Eskndir A
Bought by
Bauer Brandy
Seller's Agent
Jack Wang
RLAH @properties
Buyer's Agent
Dina Paxenos
Northgate Realty, LLC
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$228,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,089
Avg. Annual Appreciation
2.61%
Original Mortgage
$90,000
Outstanding Balance
$72,368
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$155,721

Purchase Details

Closed on
Nov 16, 2011
Sold by
Fv Reo 1 Llc
Bought by
Yimam Eskndir A

Purchase Details

Closed on
Oct 1, 2010
Sold by
Fotsing Sebastien
Bought by
Fv Reo I Llc

Purchase Details

Closed on
Nov 18, 2005
Sold by
Mokonya Dax M
Bought by
Fotsing Sebastien

Purchase Details

Closed on
Sep 20, 2001
Sold by
Njie
Bought by
Mokonya Dax M and Mokonya Annie

Purchase Details

Closed on
Dec 3, 1997
Sold by
Grantling Evelyn L
Bought by
Njie Edward N

Purchase Details

Closed on
Sep 30, 1997
Sold by
Grantling Evelyn L
Bought by
Grantling Evelyn L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bauer Brandy $180,000 District Title
Yimam Eskndir A $54,300 Fidelity National Title Ins
Fv Reo I Llc $81,175 --
Fotsing Sebastien $220,000 --
Fotsing Sebastien $220,000 --
Mokonya Dax M $63,000 --
Njie Edward N $51,000 --
Grantling Evelyn L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Brandy $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $180,000 -2.7% $155 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/17/2016 09/17/16 Price Changed $185,000 -2.1% $159 / Sq Ft
09/06/2016 09/06/16 For Sale $189,000 -- $162 / 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 $2,243 $175,000 $52,500 $122,500
2024 $2,243 $190,000 $57,000 $133,000
2023 $1,511 $186,667 $0 $0
2022 $1,478 $183,333 $0 $0
2021 $1,341 $180,000 $54,000 $126,000
2020 $2,532 $173,333 $0 $0
2019 $1,132 $166,667 $0 $0
2018 $973 $160,000 $48,000 $112,000
2017 $362 $133,333 $0 $0
2016 $1,322 $106,667 $0 $0
2015 $1,322 $80,000 $0 $0
2014 $1,322 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Wang

    Seller's Agent in 2016

    Jack Wang

    Real Living at Home

    (240) 731-9919

    2 in this area

    157 Total Sales

    Jack Wang
    Section Image
  • Dina Paxenos

    Buyer's Agent in 2016

    Dina Paxenos

    Northgate Realty, LLC

    (202) 256-1624

    1 in this area

    67 Total Sales

    Dina Paxenos
    Section Image
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About The Carolyn Condominiums

Map

Source: Bright MLS

MLS Number: 1002457855

Bright MLS

APN: 13-01659688

Maryland Montgomery County Silver Spring 20910 Silver Spring Park

614 Sligo Ave Unit 507, Silver Spring, MD

Not Listed for Sale

Condos

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