NOT LISTED FOR SALE

7923 Eastern Ave Unit 506 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $379,000 - $386,000

2 Beds
2 Baths
1,094 Sq Ft
44 Sq Ft Lot Lot

Sale Details

Date Sold: September 30, 2020

Last sale price $360,000 $329 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,763 / mo

3 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Takoma Park Middle School Rated A
  • Party Room
  • High-Rise Community

About This Home

As of September 2020

This is the one you have been waiting for! Best lay-out of any 2bed/2bath unit in the building with this quiet corner unit with a large kitchen with island and larger master bedroom. The whole unit is light, bright and incredibly open. Granite countertops, wood flooring, stainless steel appliances, and brand new HVAC system. Located in the heart of everything you need in downtown Silver Spring, with convenient access to vibrant Takoma Park, DC. Walk to metro, entertainment, dining, shopping including a newly built Target - you name it. Get ready to see it soon because it will not last. Amenity-rich building with secure entry, club room, elegant lobby, fitness center, and quiet courtyards.

Last Agent to Sell the Property

Lisa Greaves

(301) 658-6186 Lisa.Greaves@Redfin.com Redfin Corp License #SP40002315 Listed on: 08/27/2020

Redfin Corp

Last Buyer's Agent

Isaiah Hazward

(410) 721-0103 khylah.settle@cbmove.com Coldwell Banker Realty License #SP200200750

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1965

Lot Details

  • 44

HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303530387

Community Details

Overview

  • Association fees include custodial services maintenance, gas, lawn maintenance, management, sewer, snow removal, trash, water
  • High-Rise Community
  • Aurora Codm Community
  • Arora Hills Subdivision

Amenities

  • Party Room

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,457

Year Built

Built in 1965

Lot Details

44 Sq Ft Lot

HOA Fees

$393 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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-27
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1094
  • Living Area Sq Ft: 1094
  • Price Per Sq Ft: 328.98
  • 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, 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

  • Refuse: 16.06
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 290.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 103.14
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Gas, Lawn Maintenance, Management, 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: 227500.00
  • Land Assessed Value: 97500.00
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101153
  • Tax Annual Amount: 3457.00
  • Assessor Parcel Number: 161303530387
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 30, 2020
Sold by
Bought by
Seller's Agent
Lisa Greaves
Redfin Corp
Buyer's Agent
Isaiah Hazward
Coldwell Banker Realty
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$382,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,898
Avg. Annual Appreciation
1.08%
Original Mortgage
$341,586
Outstanding Balance
$303,823
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$79,075

Purchase Details

Listed on
May 19, 2016
Closed on
Jul 25, 2016
Sold by
Bought by
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Dina Paxenos
Northgate Realty, LLC
List Price
$326,000
Sold Price
$321,000
Premium/Discount to List
-$5,000
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$311,370
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,100
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,100
Interest Rate
6.25%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 Rgs Title Llc
$321,000 District Title
$303,900 --
$303,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $341,586
Previous Owner $311,370
Previous Owner $243,100
Previous Owner $243,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $360,000 0.0% $329 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $359,900 +12.1% $329 / Sq Ft
07/25/2016 07/25/16 Sold $321,000 -1.5% $293 / Sq Ft View Prior Sale
06/17/2016 06/17/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $326,000 -- $298 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,674 $368,333 -- --
2024 $4,198 $355,000 $106,500 $248,500
2023 $3,390 $345,000 $0 $0
2022 $3,109 $335,000 $0 $0
2021 $2,992 $325,000 $97,500 $227,500
2020 $5,761 $315,000 $0 $0
2019 $2,766 $305,000 $0 $0
2018 $2,659 $295,000 $88,500 $206,500
2017 $2,480 $281,667 $0 $0
2016 $2,836 $268,333 $0 $0
2015 $2,836 $255,000 $0 $0
2014 $2,836 $255,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Isaiah Hazward

    Buyer's Agent in 2020

    Isaiah Hazward

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (240) 778-5983

    100 Total Sales

    Isaiah Hazward
    Section Image
  • Carmen Fontecilla

    Seller's Agent in 2016

    Carmen Fontecilla

    Compass

    (301) 908-6672

    57 in this area

    247 Total Sales

    Carmen Fontecilla
    Section Image
  • Dina Paxenos

    Buyer's Agent in 2016

    Dina Paxenos

    Northgate Realty, LLC

    (202) 256-1624

    50 Total Sales

    Dina Paxenos
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC722062

Bright MLS

APN: 13-03530387

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 506, Silver Spring, MD

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