NOT LISTED FOR SALE

7923 Eastern Ave Unit 403 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $348,000 - $421,000

2 Beds
2 Baths
1,004 Sq Ft
$375/mo HOA Fee

Last Sold February 17, 2021

Last sale price $330,000 $329 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,631/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Elevator
  • Hayes Elementary School Rated 9+
  • Meeting Room
  • Central Air

About This Home

As of February 2021

Lovely 2 bedroom and 2 full baths condo in downtown Silver Spring! The kitchen boasts granite countertops with stainless steel appliances and gorgeous hardwood floors are found throughout the entire unit! Large windows bring in the natural light and the primary bedroom has a walk-in closet with custom shelving and washer and dryer in unit. The building has a fitness center and social room, pet-friendly and conveniently located in the heart of downtown Silver Spring close to Metro, restaurants, entertainment, shops and more.

Last Agent to Sell the Property

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775 Listed on: 01/15/2021

Realty of America LLC

Co-Listed By

Daniel Esteban

(301) 633-7404 daniel@twgrealtors.com Realty of America LLC License #626591

Last Buyer's Agent

Amir Forghani

(301) 704-8778 amir@getamir.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1965

Lot Details

  • 44

HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 1,004 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303530296

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, recreation facility, reserve funds, water
  • High-Rise Condominium
  • Aurora Codm Community
  • Silver Spring Subdivision

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,570

Year Built

Built in 1965

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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1004
  • Living Area Sq Ft: 1004
  • Price Per Sq Ft: 333.57
  • Above Grade Finished Sq Ft: 1004
  • 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, Below Grade
  • Construction Materials: Combination
  • 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

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

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 100.13
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Recreation Facility, Reserve Funds, Water
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101144
  • Tax Annual Amount: 3570.00
  • Assessor Parcel Number: 161303530296
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 17, 2021
Sold by
Thomaskutty Mercy and Thomas Shari
Bought by
Rouge Phoebe C
Seller's Agent
Andres Serafini
Realty of America LLC
Buyer's Agent
Amir Forghani
Long & Foster Real Estate, Inc.
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%
Current Estimated Value
$368,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,533
Avg. Annual Appreciation
2.33%
Original Mortgage
$313,405
Outstanding Balance
$280,788
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$87,745

Purchase Details

Closed on
May 10, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Thomaskutty Mercy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Thomaskutty Mercy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rouge Phoebe C $330,000 Kvs Title Llc
Thomaskutty Mercy $318,900 --
Thomaskutty Mercy $318,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouge Phoebe C $313,405
Previous Owner Thomaskutty Mercy $255,000
Previous Owner Thomaskutty Mercy $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $330,000 -1.5% $329 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $334,900 -- $334 / 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 $3,787 $330,000 -- --
2024 $3,787 $320,000 $96,000 $224,000
2023 $4,480 $320,000 $96,000 $224,000
2022 $2,940 $320,000 $96,000 $224,000
2021 $3,628 $320,000 $96,000 $224,000
2020 $3,516 $310,000 $0 $0
2019 $3,401 $300,000 $0 $0
2018 $3,294 $290,000 $87,000 $203,000
2017 $3,074 $275,000 $0 $0
2016 $3,340 $260,000 $0 $0
2015 $3,340 $245,000 $0 $0
2014 $3,340 $245,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andres Serafini

    Seller's Agent in 2021

    Andres Serafini

    Realty of America LLC

    (240) 418-8899

    1 in this area

    380 Total Sales

    Andres Serafini
    Section Image
  • Daniel Esteban

    Seller Co-Listing Agent in 2021

    Daniel Esteban

    Realty of America LLC

    (301) 633-7404

    1 in this area

    103 Total Sales

    Daniel Esteban
    Section Image
  • Amir Forghani

    Buyer's Agent in 2021

    Amir Forghani

    Long & Foster

    (301) 704-8778

    1 in this area

    84 Total Sales

    Amir Forghani
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC741200

Bright MLS

APN: 13-03530296

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 403, Silver Spring, MD

Not Listed for Sale

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