NOT LISTED FOR SALE

7923 Eastern Ave Unit 1005 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $374,000 - $429,000

2 Beds
2 Baths
1,082 Sq Ft
$363/mo HOA Fee

Last Sold March 14, 2014

Last sale price $330,000 $305 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,894/month

74 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Contemporary Architecture
  • Takoma Park Middle School Rated A
  • Open Floorplan
  • Party Room

About This Home

As of March 2014

Gorgeous views from the 10th floor condominium! Property features upgraded kitchen with granite counters, modern cabinetry and stainless steel appliances. Hardwood floors in the living room, huge closet in the master bedroom and much more! This property is approved for HomePath Mortgage Financing. Purchase this property for as little as 5% down! Gemini title to hold EMD (cert.funds).

Last Agent to Sell the Property

Pennye Green

Long & Foster Real Estate, Inc. License #301403 Listed on: 11/19/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mynor Herrera

Keller Williams Capital Properties License #611201

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $363 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,082 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303530673

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Aurora Codm Community
  • Arora Hills Subdivision

Amenities

  • Party Room
  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,703

Year Built

Built in 2006

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Remarks Public: Gorgeous views from the 10th floor condominium! Property features upgraded kitchen with granite counters, modern cabinetry and stainless steel appliances. Hardwood floors in the living room, huge closet in the master bedroom and much more! This property is approved for HomePath Mortgage Financing. Purchase this property for as little as 5% down! Gemini title to hold EMD (cert.funds).
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1082
  • Living Area Sq Ft: 1082
  • Price Per Sq Ft: 303.05
  • Above Grade Finished Sq Ft: 1082
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7923

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 363.13
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator, Party Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No

Lot Info

  • Improvement Assessed Value: 196000.00
  • Land Assessed Value: 84000.00
  • Year Assessed: 2014
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101182
  • Tax Annual Amount: 3703.01
  • Assessor Parcel Number: 161303530673
  • Tax Total Finished Sq Ft: 1082
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/14/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2013
Closed on
Feb 28, 2014
Sold by
Fannie Mae
Bought by
Degeneste Terrance R
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Mynor Herrera
Keller Williams Capital Properties
List Price
$379,900
Sold Price
$330,000
Premium/Discount to List
-$49,900
-13.14%
Current Estimated Value
$399,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,242
Avg. Annual Appreciation
1.69%
Original Mortgage
$330,000
Interest Rate
4.27%
Mortgage Type
VA

Purchase Details

Closed on
May 20, 2013
Sold by
Nielson Judy and Nielson Judy Chin Fu
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Nielson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,460
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Nielson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,460
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Degeneste Terrance R $330,000 Kvs Title Llc
Federal National Mortgage Association $275,000 None Available
Nielson Judy $335,575 --
Nielson Judy $335,575 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degeneste Terrance R $293,100
Closed Degeneste Terrance R $333,200
Closed Degeneste Terrance R $330,000
Previous Owner Nielson Judy $268,460
Previous Owner Nielson Judy $268,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $330,000 +0.6% $305 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
01/27/2014 01/27/14 Price Changed $327,900 -4.1% $303 / Sq Ft
12/26/2013 12/26/13 Price Changed $342,000 -10.0% $316 / Sq Ft
11/19/2013 11/19/13 For Sale $379,900 -- $351 / 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 $4,257 $370,000 -- --
2024 $4,257 $360,000 $108,000 $252,000
2023 $3,527 $356,667 $0 $0
2022 $2,848 $353,333 $0 $0
2021 $3,274 $350,000 $105,000 $245,000
2020 $3,162 $340,000 $0 $0
2019 $3,047 $330,000 $0 $0
2018 $2,941 $320,000 $96,000 $224,000
2017 $2,773 $306,667 $0 $0
2016 -- $293,333 $0 $0
2015 $3,841 $280,000 $0 $0
2014 $3,841 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pennye Green

    Seller's Agent in 2014

    Pennye Green

    Long & Foster

    (202) 247-5668

    360 Total Sales

    Pennye Green
    Section Image
  • Mynor Herrera

    Buyer's Agent in 2014

    Mynor Herrera

    Keller Williams Capital Properties

    (301) 437-1622

    1 in this area

    244 Total Sales

    Mynor Herrera
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003772420

Bright MLS

APN: 13-03530673

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 1005, Silver Spring, MD

This home is located at 7923 Eastern Ave Unit 1005, Silver Spring, MD 20910 since 19 November 2013 and is currently estimated at $399,242, approximately $368 per square foot. This property was built in 2006. 7923 Eastern Ave Unit 1005 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and Lowell School.

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