NOT LISTED FOR SALE

7923 Eastern Ave Unit 601 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $342,580 - $405,000

2 Beds
2 Baths
966 Sq Ft
44 Sq Ft Lot

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Hayes Elementary School Rated 9+
  • Open Floorplan
  • Galley Kitchen

About This Home

As of July 2021

Garaged Parking spot number is 4-022. BEAUTIFUL 6TH FLOOR 2 BDRM 2 FULL BATH CONDO WITH HARDWOOD FLOORS IN HALL, LIVING ROOM AND DINING ROOM. UPGRADED GALLEY KITCHEN WITH GRANITE COUNTERTOPS. FITNESS CENTER AND SOCIAL ROOM IN BLDG.BLOCKS FROM METRO & DOWNTOWN SILVER SPRING.

Last Agent to Rent the Property

Raj Patel

(703) 282-8444 raj@ikonofashburn.com Ikon Realty - Ashburn Listed on: 04/17/2021

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 2006

Lot Details

  • 44

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • 966 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Coolidge Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,750
  • $250 Move-In Fee
  • Rent includes hoa/condo fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 4/19/21
  • $50 Application Fee
  • Assessor Parcel Number 161303530398

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include parking fee, snow removal, trash
  • $90 Other Monthly Fees
  • High-Rise Condominium
  • Aurora Community
  • Arora Hills Subdivision

Recreation

  • Fitness Center

Pet Policy

  • Pets allowed on a case-by-case basis

Additional Features

  • Common Area
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,857

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Date Available: 2021-04-19
  • Application Fee: 50.00
  • Lease Term: 12 Months
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee
  • Security Deposit: 1750.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 250.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Interior Amenities: Kitchen - Galley, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 966
  • Living Area Sq Ft: 966
  • Price Per Sq Ft: 1.83
  • 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
  • Construction Materials: Brick, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Gated Community
  • HOA Condo Co-Op Fee Includes: Parking Fee, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Other Fees: 90.00
  • Other Fees Frequency: Monthly

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: EAST SILVER SPRING
  • High School: COOLIDGE SENIOR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 14101154
  • Assessor Parcel Number: 161303530398

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Thanikachalam Ramesh
Current Estimated Value
$362,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Outstanding Balance
$149,779
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,866

Purchase Details

Closed on
May 22, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Thanikachalam Ramesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Outstanding Balance
$149,779
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,866
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
Thanikachalam Ramesh $326,800 --
Thanikachalam Ramesh $326,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thanikachalam Ramesh $261,400
Closed Thanikachalam Ramesh $261,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Rented $1,771 0.0% --
07/08/2021 07/08/21 Off Market $1,771 -- --
06/23/2021 06/23/21 Price Changed $1,771 -5.3% $2 / Sq Ft
05/10/2021 05/10/21 Price Changed $1,870 -1.3% $2 / Sq Ft
04/17/2021 04/17/21 For Rent $1,895 +8.3% --
06/01/2013 06/01/13 Rented $1,750 -10.3% --
06/01/2013 06/01/13 Under Contract -- -- --
04/24/2013 04/24/13 For Rent $1,950 +11.4% --
03/02/2012 03/02/12 Rented $1,750 -2.8% --
03/02/2012 03/02/12 Under Contract -- -- --
02/08/2012 02/08/12 For Rent $1,800 -- --
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 $3,857 $332,667 -- --
2024 $3,857 $326,000 $97,800 $228,200
2023 $3,859 $326,000 $97,800 $228,200
2022 $2,628 $326,000 $97,800 $228,200
2021 $3,695 $326,000 $97,800 $228,200
2020 $3,584 $316,000 $0 $0
2019 $3,469 $306,000 $0 $0
2018 $2,911 $296,000 $88,800 $207,200
2017 $2,910 $279,333 $0 $0
2016 -- $262,667 $0 $0
2015 $3,352 $246,000 $0 $0
2014 $3,352 $246,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raj Patel

    Landlord's Agent in 2021

    Raj Patel

    Ikon Realty - Ashburn

    (703) 282-8444

    29 Total Sales

    Raj Patel
    Section Image

  • V

    Buyer's Agent in 2013

    Vicki Schlack

    Independent Realty, Inc

    Section Image

  • J

    Seller's Agent in 2012

    Jennifer Memenza

    Remax Realty Group

    (301) 717-7578

    21 Total Sales

    Jennifer Memenza
    Section Image

  • K

    Seller Co-Listing Agent in 2012

    Kathy Jones

    Realty Group Property Management, Inc.

    (301) 580-4591

    26 Total Sales

    Kathy Jones
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC753862

Bright MLS

APN: 13-03530398

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 601, Silver Spring, MD

Not Listed for Sale

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