NOT LISTED FOR SALE

7923 Eastern Ave Unit 501 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $348,000 - $404,000

2 Beds
2 Baths
966 Sq Ft
$413/mo HOA Fee

Last Sold June 13, 2022

Last sale price $368,000 $381 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,615/month

4 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Takoma Park Middle School Rated A
  • Panoramic View
  • Contemporary Architecture

About This Home

As of June 2022

Super sunny, spacious corner unit gem with floor-to-ceiling windows, brilliant sunsets and views for miles, across the street from DC. Upgraded, windowed kitchen with granite countertops, stainless steel appliances, warm wood cabinets, breakfast bar. Open concept flows along the newer hardwood floors through dining and living rooms, natural light pouring in. Large, sunny primary suite features walk-in closet, brand new carpet, fresh ensuite bath. Expansive options with useful, bright 2nd bedroom with brand new carpet, and fresh 2nd full bath. In-unit Washer/Dryer and Nest thermostat! The pet-friendly Aurora Condominium includes fitness center, courtyard, party room. Parking for rent in garage next door; easy street parking. A short jaunt to a plethora of dining, nightlife, venues, shopping including Target, groceries, parks, MARC and METRO!

Last Agent to Sell the Property

Jon Rudick

(202) 406-0011 jon@jonrudickrealtor.com Compass License #648645 Listed on: 05/05/2022

Compass

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1965 | Remodeled in 2006

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

Parking

  • On-Street Parking

Property Views

  • Panoramic
  • City
  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 966 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Dining Area
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303530332
  • $150 Front Foot Fee per year

Community Details

Overview

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

Amenities

  • Common Area
  • Billiard Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,662

Year Built

Built in 1965 | Remodeled in 2006

Lot Details

0

HOA Fees

$413 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
  • Year Renovated: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 5
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane, Screens
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 371.64
  • Above Grade Finished Sq Ft: 966
  • 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
  • Exterior Features: Extensive Hardscape, Sidewalks
  • View: City, Panoramic, Park/Greenbelt, Trees/Woods
  • 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: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 112.97
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Elevator, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 226100.00
  • Land Assessed Value: 96900.00
  • Property Condition: Very Good
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101148
  • Tax Annual Amount: 3662.00
  • Assessor Parcel Number: 161303530332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Front Foot Fee: 150.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 9, 2022
Sold by
Douglas Krallman John
Bought by
Brown Patricia Russell and Brown Andrew Moir
Seller's Agent
Jon Rudick
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$359,000
Sold Price
$368,000
Premium/Discount to List
$9,000
2.51%
Current Estimated Value
$363,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,269
Avg. Annual Appreciation
-0.32%
Original Mortgage
$292,000
Outstanding Balance
$244,208
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$119,523

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 4, 2021
Sold by
Panbach Brandi Cole and Eng Rohrbach Brandi
Bought by
Krallman John Travis
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Jon Rudick
Compass
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$289,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2015
Closed on
Jan 20, 2016
Sold by
Arvanitis Arvon Ii Marc V and Arvon Marc V
Bought by
Eng Rohrbach Brandi C
Seller's Agent
Kelly Perry
Corcoran McEnearney
Buyer's Agent
Mynor Herrera
Keller Williams Capital Properties
List Price
$299,999
Sold Price
$296,000
Premium/Discount to List
-$3,999
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$272,100
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2012
Closed on
Sep 7, 2012
Sold by
Austin Raushann
Bought by
Arvanitis-Arvon Marc V 2Nd and Arvon Marc V
Seller's Agent
Mr. Chris Griffin
Metropolitan Living Realty Group
Buyer's Agent
Kelly Perry
Corcoran McEnearney
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Austin Raushann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Austin Raushann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage
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
Brown Patricia Russell $368,000 Westcor Land Title
Krallman John Travis $340,000 Kvs Title Llc
Eng Rohrbach Brandi C $296,000 Fidelity Natl Title Ins Co
Arvanitis-Arvon Marc V 2Nd $240,000 --
Austin Raushann $324,000 --
Austin Raushann $324,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Patricia Russell $292,000
Previous Owner Krallman John Travis $289,000
Previous Owner Eng Rohrbach Brandi C $272,100
Previous Owner Austin Raushann $259,200
Previous Owner Austin Raushann $259,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $368,000 +2.5% $381 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $359,000 +5.6% $372 / Sq Ft
06/04/2021 06/04/21 Sold $340,000 +0.3% $352 / Sq Ft View Prior Sale
05/17/2021 05/17/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $339,000 +14.5% $351 / Sq Ft
02/22/2016 02/22/16 Sold $296,000 -1.3% $306 / Sq Ft View Prior Sale
12/18/2015 12/18/15 Pending -- -- --
12/05/2015 12/05/15 For Sale $299,999 +25.0% $311 / Sq Ft
07/19/2012 07/19/12 Sold $240,000 -- $248 / Sq Ft View Prior Sale
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 $3,822 $329,667 -- --
2024 $3,822 $323,000 $96,900 $226,100
2023 $4,515 $323,000 $96,900 $226,100
2022 $2,974 $323,000 $96,900 $226,100
2021 $2,970 $323,000 $96,900 $226,100
2020 $5,716 $313,000 $0 $0
2019 $2,743 $303,000 $0 $0
2018 $2,636 $293,000 $87,900 $205,100
2017 $2,378 $276,333 $0 $0
2016 $3,315 $259,667 $0 $0
2015 $3,315 $243,000 $0 $0
2014 $3,315 $243,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Rudick

    Seller's Agent in 2022

    Jon Rudick

    Compass

    (202) 406-0011

    3 in this area

    65 Total Sales

    Jon Rudick
    Section Image
  • Carmen Fontecilla

    Buyer's Agent in 2022

    Carmen Fontecilla

    Compass

    (301) 908-6672

    69 in this area

    282 Total Sales

    Carmen Fontecilla
    Section Image
  • Kelly Perry

    Seller's Agent in 2016

    Kelly Perry

    Corcoran McEnearney

    (301) 906-1775

    2 Total Sales

    Kelly Perry
    Section Image
  • Mary Beth Taylor

    Seller Co-Listing Agent in 2016

    Mary Beth Taylor

    McEnearney Associates

    (301) 526-4949

    23 Total Sales

    Mary Beth Taylor
    Section Image
  • Mynor Herrera

    Buyer's Agent in 2016

    Mynor Herrera

    Keller Williams Capital Properties

    (301) 437-1622

    1 in this area

    227 Total Sales

    Mynor Herrera
    Section Image
  • Mr. Chris Griffin

    Seller's Agent in 2012

    Mr. Chris Griffin

    Metropolitan Living Realty Group

    (301) 646-3152

    3 Total Sales

    Mr. Chris Griffin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2049584

Bright MLS

APN: 13-03530332

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 501, Silver Spring, MD

Not Listed for Sale

Condos

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