NOT LISTED FOR SALE

7923 Eastern Ave Unit 306 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $366,000 - $390,000

2 Beds
2 Baths
1,094 Sq Ft
$375/mo HOA Fee

Last Sold July 31, 2017

Last sale price $339,800 $311 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,656/month

8 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Contemporary Architecture
  • Takoma Park Middle School Rated A
  • Open Floorplan
  • Billiard Room

About This Home

As of July 2017

Beautiful & bright condo in the heart of Silver Spring. Quiet large corner unit facing courtyard! Many upgrades including new HVAC,W/D (1yr). Granite counter top, SS appliances, gleaming maple hrdwd floor. Walk to train&metro, parks, shops, restaurants! Club room & gym. Main entrance w/ security sys. Courtyard for kids to run! On sight property manager.

Last Agent to Sell the Property

Fenny Hurwitz

(703) 677-0709 fenny@kw.com Keller Williams Realty Listed on: 06/14/2017

Keller Williams Realty

Last Buyer's Agent

Joan Carmichael

(202) 271-5198 joanvcarmichael@gmail.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,113

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,094 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • Subterranean Parking
  • On-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303530263

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn maintenance, common area maintenance, custodial services maintenance, insurance, sewer, trash, water, gas, exterior building maintenance, reserve funds, management, snow removal
  • High-Rise Condominium
  • Aurora Codm Community
  • Arora Hills Subdivision
  • The community has rules related to moving in times

Amenities

  • Common Area
  • Billiard Room
  • Community Center
  • Party Room
  • Bar or Lounge

Recreation

  • Fitness Center
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,113

Year Built

Built in 2006

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main, Ramp - Main Level, 36"+ Wide Halls
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-06-14
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Icemaker, Microwave, Stove, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Combination Kitchen/Dining, Kitchen - Island, Combination Dining/Living, Floor Plan - Traditional, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1094
  • Living Area Sq Ft: 1094
  • Price Per Sq Ft: 308.96
  • Above Grade Finished Sq Ft: 1094
  • Above Grade Finished Area Units: Square Feet

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

Garage/Parking

  • Garage: No
  • Parking Features: Public, Garage
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 274.84
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.30
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Billiard Room, Bar/Lounge, Bike Trail, Jog/Walk Path, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Common Area Maintenance, Custodial Services Maintenance, Insurance, Sewer, Trash, Water, Gas, Ext Bldg Maint, Reserve Funds, Management, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Elevator Use, Pets - Allowed, Moving Fees Required, Moving In Times
  • 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: 203000.00
  • Land Assessed Value: 87000.00
  • Property Attached Yn: Yes
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101141
  • Tax Annual Amount: 3112.86
  • Assessor Parcel Number: 161303530263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 31, 2017
Sold by
Shankar Sridhar and Merica Shrestha
Bought by
Cass Annessa and Cass Jacob S
Seller's Agent
Fenny Hurwitz
Keller Williams Realty
Buyer's Agent
Joan Carmichael
CENTURY 21 New Millennium
List Price
$338,000
Sold Price
$339,800
Premium/Discount to List
$1,800
0.53%
Current Estimated Value
$374,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,313
Avg. Annual Appreciation
1.14%
Original Mortgage
$270,400
Outstanding Balance
$225,139
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$148,974

Purchase Details

Closed on
Feb 2, 2011
Sold by
Sridhara Shankar
Bought by
Sridhara Shankar and Shrestha Merica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.77%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 1, 2007
Sold by
Poliskey Nickolas A
Bought by
Sridhara Shankar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2007
Sold by
Poliskey Nickolas A
Bought by
Sridhara Shankar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Poliskey Nickolas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,550
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Poliskey Nickolas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,550
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Cass Annessa $339,800 Capitol Title Insurance Agen
Sridhara Shankar -- None Available
Sridhara Shankar $355,000 --
Sridhara Shankar $355,000 --
Poliskey Nickolas A $299,475 --
Poliskey Nickolas A $299,475 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cass Annessa $270,400
Previous Owner Sridhara Shankar $318,750
Previous Owner Sridhara Shankar $355,000
Previous Owner Sridhara Shankar $355,000
Previous Owner Poliskey Nickolas A $239,550
Previous Owner Poliskey Nickolas A $239,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $339,800 +0.5% $311 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $338,000 -- $309 / 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 $3,904 $343,333 -- --
2024 $3,904 $330,000 $99,000 $231,000
2023 $3,867 $326,667 $0 $0
2022 $2,606 $323,333 $0 $0
2021 $3,628 $320,000 $96,000 $224,000
2020 $7,032 $310,000 $0 $0
2019 $2,709 $300,000 $0 $0
2018 $2,602 $290,000 $87,000 $203,000
2017 $3,113 $276,667 $0 $0
2016 $2,773 $263,333 $0 $0
2015 $2,773 $250,000 $0 $0
2014 $2,773 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fenny Hurwitz

    Seller's Agent in 2017

    Fenny Hurwitz

    Keller Williams Realty

    (703) 677-0709

    103 Total Sales

    Fenny Hurwitz
    Section Image
  • Joan Carmichael

    Buyer's Agent in 2017

    Joan Carmichael

    Century 21 New Millennium

    (202) 271-5198

    34 Total Sales

    Joan Carmichael
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002540333

Bright MLS

APN: 13-03530263

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 306, Silver Spring, MD

Not Listed for Sale

Condos

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