RENTED MAR 27, 2025

Estimated Value: $298,000 - $365,000

1 Bed
1 Bath
873 Sq Ft
1965 Built

Last Sold February 15, 2019

Last sale price $285,900 $327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,958/month

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • High-Rise Condominium
  • Hayes Elementary School Rated 9+

About This Home

As of March 2025

Cozy light filled condo nestled in the heart of Silver Spring offering 1BD / 1BA, open floor-plan, desk nook, and ample closet space! Less than 10 minutes away from the subway, Downtown Takoma Park, and super easy access to DC. Get the best of both worlds here!

Last Agent to Rent the Property

Jordan Parker

(301) 789-5313 team@jordanparkerdc.com RLAH @properties License #0225238173 Listed on: 03/01/2025

RLAH @properties

Last Renter's Agent

Evan Marbury

(240) 793-2135 evan.lee@compass.com Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1965

Home Design

  • Contemporary Architecture
  • Entry on the 12th floor
  • Brick Exterior Construction

Interior Spaces

  • 873 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Tenant pays for electricity, gas, all utilities, parking fee
  • Rent includes water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 3/1/25
  • $60 Application Fee
  • Assessor Parcel Number 161303520082

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Aurora Codm Community

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,384

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Date Available: 2025-03-01
  • Application Fee: 60.00
  • Pets Allowed: No
  • Rent Includes: Water
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Utilities - All, Parking Fee
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 873
  • Living Area Sq Ft: 873
  • Price Per Sq Ft: 2.29
  • Above Grade Finished Sq Ft: 873
  • Above Grade Finished Area Units: Square Feet

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD1

Tax Info

  • Assessor Parcel Number: 161303520082

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Feb 15, 2019
Sold by
Okolo Patricia and Gee Clarice
Bought by
Khullar Aakanksha
Seller's Agent
Patricia Okolo
Windows Over Washington Realty Group, LLC
Buyer's Agent
Eli Tucker
RLAH @properties
List Price
$299,000
Sold Price
$285,900
Premium/Discount to List
-$13,100
-4.38%
Current Estimated Value
$318,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,431
Avg. Annual Appreciation
1.59%
Original Mortgage
$235,900
Outstanding Balance
$206,975
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$111,356

Purchase Details

Closed on
May 3, 2006
Sold by
Ww&Silver Spring Llc
Bought by
Okolo Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,300
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 2006
Sold by
Ww&Silver Spring Llc
Bought by
Okolo Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,300
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khullar Aakanksha $285,900 District Title
Okolo Patricia $261,900 --
Okolo Patricia $261,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khullar Aakanksha $235,900
Previous Owner Okolo Patricia $52,300
Previous Owner Okolo Patricia $209,500
Previous Owner Okolo Patricia $209,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2025 03/27/25 Rented $2,000 0.0% --
03/01/2025 03/01/25 For Rent $2,000 0.0% --
02/15/2019 02/15/19 Sold $285,900 0.0% $327 / Sq Ft View Prior Sale
01/24/2019 01/24/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $285,900 -4.4% $327 / Sq Ft
09/24/2018 09/24/18 For Sale $299,000 -- $342 / 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 $3,384 $294,667 -- --
2024 $3,384 $285,000 $85,500 $199,500
2023 $2,684 $285,000 $85,500 $199,500
2022 $2,545 $285,000 $85,500 $199,500
2021 $2,868 $314,000 $94,200 $219,800
2020 $2,719 $300,667 $0 $0
2019 $2,567 $287,333 $0 $0
2018 $3,114 $274,000 $82,200 $191,800
2017 $2,964 $262,333 $0 $0
2016 -- $250,667 $0 $0
2015 $2,575 $239,000 $0 $0
2014 $2,575 $227,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2168224

Bright MLS

APN: 13-03520082