NOT LISTED FOR SALE

7923 Eastern Ave Unit 703 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $369,000 - $404,000

2 Beds
2 Baths
1,004 Sq Ft
$393/mo HOA Fee

Last Sold February 28, 2020

Last sale price $365,000 $364 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,850/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Meeting Room
  • Takoma Park Middle School Rated A
  • Traditional Architecture
  • Kitchen Island

About This Home

As of February 2020

For Comp Purposes. Sale of FSBO. 2BR 2BA Roommate Style floor plan with Bedroom/Bath on either side of the unit. Kitchen was upgraded to include new appliances (refrigerator, dishwasher, garbage disposal, Microwave), new cabinets all around, new flooring, huge quartz counter/island. New living room floor and lighting included in the upgrade of the common area. New flooring was completed in both bedrooms. New HVAC and Hot Water Heater were installed as well. HOA includes cooking gas, water, building maintenance, community room, gym, and on-site management. Building has interior courtyard for relaxing. Easy commute as buses to downtown/Silver Spring are immediately in front of the building, and additional buses are at the corner of Ga. & Eastern. Short distance to both the Takoma and Silver Spring Metro Stations.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 03/02/2020

Last Buyer's Agent

Lori LaRue

Samson Properties License #SP98361574

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1965 | Remodeled in 2017

Lot Details

  • 44

HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,004 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Back Up Electric Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 161303530478

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn care front, lawn care side, management, 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 | Remodeled in 2017

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1965
  • Year Renovated: 2017
  • Remarks Public: For Comp Purposes. Sale of FSBO. 2BR 2BA Roommate Style floor plan with Bedroom/Bath on either side of the unit. Kitchen was upgraded to include new appliances (refrigerator, dishwasher, garbage disposal, Microwave), new cabinets all around, new flooring, huge quartz counter/island. New living room floor and lighting included in the upgrade of the common area. New flooring was completed in both bedrooms. New HVAC and Hot Water Heater were installed as well. HOA includes cooking gas, water, building maintenance, community room, gym, and on-site management. Building has interior courtyard for relaxing. Easy commute as buses to downtown/Silver Spring are immediately in front of the building, and additional buses are at the corner of Ga. & Eastern. Short distance to both the Takoma and Silver Spring Metro Stations.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Interior Amenities: Combination Dining/Living, Elevator, Floor Plan - Open, Kitchen - Island, Primary Bath(s)
  • Levels Count: Other
  • Basement: No
  • Total Sq Ft: 1004
  • Living Area Sq Ft: 1004
  • Price Per Sq Ft: 378.49
  • Above Grade Finished Sq Ft: 1004
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7923

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: Brick
  • 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: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • 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, Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Side, Management, Recreation Facility, Reserve Funds, Water
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 213500.00
  • Land Assessed Value: 91500.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101162
  • Tax Annual Amount: 3570.00
  • Assessor Parcel Number: 161303530478
  • Tax Total Finished Sq Ft: 1004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Feb 28, 2020
Sold by
Reddy Kumar B
Bought by
Valdez Ariel Carlos and Murphy Blair Elizabeth
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Lori LaRue
Samson Properties
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%
Current Estimated Value
$385,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,696
Avg. Annual Appreciation
1.36%
Original Mortgage
$300,000
Outstanding Balance
$268,057
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$124,965

Purchase Details

Closed on
May 25, 2017
Sold by
Detusche Bank Trus
Bought by
Reddy Kumar B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,391
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
Sold by
Butler Craig and Sullivan Laura H G O
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Feb 28, 2012
Sold by
Butler Craig A and Butler Ewadele
Bought by
Butler Craig A

Purchase Details

Closed on
Feb 21, 2008
Sold by
Butler Craig A
Bought by
Butler Craig A

Purchase Details

Closed on
Feb 20, 2008
Sold by
Butler Craig A
Bought by
Butler Craig A

Purchase Details

Closed on
Aug 7, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Butler Craig A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,785
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Butler Craig A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,785
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Valdez Ariel Carlos $365,000 Universal Title
Reddy Kumar B $273,044 Premium Title
Deutsche Bank National Trust Co $206,143 None Available
Butler Craig A -- None Available
Butler Craig A -- --
Butler Craig A -- --
Butler Craig A $333,925 --
Butler Craig A $333,925 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Ariel Carlos $300,000
Previous Owner Reddy Kumar B $259,391
Previous Owner Butler Craig A $100,000
Previous Owner Butler Craig A $66,785
Previous Owner Butler Craig A $267,140
Previous Owner Butler Craig A $267,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 For Sale $380,000 +4.1% $378 / Sq Ft
02/28/2020 02/28/20 Sold $365,000 -- $364 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
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 $4,257 $370,000 -- --
2024 $4,257 $360,000 $108,000 $252,000
2023 $4,853 $351,667 $0 $0
2022 $3,203 $343,333 $0 $0
2021 $3,105 $335,000 $100,500 $234,500
2020 $5,986 $325,000 $0 $0
2019 $2,878 $315,000 $0 $0
2018 $2,772 $305,000 $91,500 $213,500
2017 $3,250 $290,000 $0 $0
2016 $3,528 $275,000 $0 $0
2015 $3,528 $260,000 $0 $0
2014 $3,528 $260,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2020

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image

  • L

    Buyer's Agent in 2020

    Lori LaRue

    Samson Properties

    (202) 315-7660

    17 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC698274

Bright MLS

APN: 13-03530478

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 703, Silver Spring, MD

This home is located at 7923 Eastern Ave Unit 703, Silver Spring, MD 20910 since 02 March 2020 and is currently estimated at $385,696, approximately $384 per square foot. This property was built in 1965. 7923 Eastern Ave Unit 703 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and Lowell School.

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