NOT LISTED FOR SALE

7923 Eastern Ave Unit 802 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $372,000 - $381,000

2 Beds
2 Baths
1,103 Sq Ft
$396/mo HOA Fee

Last Sold October 24, 2016

Last sale price $315,000 $286 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,722/month

56 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Upgraded Countertops
  • Hayes Elementary School Rated 9+
  • Traditional Floor Plan
  • Party Room

About This Home

As of October 2016

LOCATION! PARKING INCLUDED! PET FRIENDLY! Amazing condominium unit in a convenient condo building in the HEART of Downtown Silver Spring. One of the largest units and ONE PARKING SPACE is INCLUDED IN SALE PRICE! PET FRIENDLY BUILDING! Large bedrooms with plenty of closet space. Washer/dryer in unit. Close metro, shopping, restaurants, & entertainment venues. Occupied. 2-hour window pls.

Last Agent to Sell the Property

Stephanie Patience

(301) 512-5883 svp@stefanivance.com Keller Williams Realty Centre Listed on: 07/07/2016

Keller Williams Realty Centre

Last Buyer's Agent

Deborah Gerald

(301) 873-0422 debbie@gobrentrealty.com Compass License #645018

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

Parking

  • On-Site Parking for Sale

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,103 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan

Kitchen

  • Breakfast Area or Nook
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Accessible Home Design

  • Halls are 36 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303530525

Community Details

Overview

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

Amenities

  • Party Room
  • Elevator

Recreation

  • Fitness Center

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,086

Year Built

Built in 2006

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main, 36"+ Wide Halls, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 2016-07-07
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Primary Bath(s), Upgraded Countertops, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1103
  • Living Area Sq Ft: 1103
  • Price Per Sq Ft: 299.18
  • Above Grade Finished Sq Ft: 1103
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 296.00
  • 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, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Gas, Lawn Maintenance, Management, Snow Removal, Water
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 217000.00
  • Land Assessed Value: 93000.00
  • Property Attached Yn: Yes
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101167
  • Tax Annual Amount: 3085.51
  • Assessor Parcel Number: 161303530525
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 21, 2016
Sold by
Vance James H
Bought by
Balsam Seth A and Brooks Kimberly C
Seller's Agent
Stephanie Patience
Keller Williams Realty Centre
Buyer's Agent
Deborah Gerald
Compass
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$376,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,254
Avg. Annual Appreciation
1.97%
Original Mortgage
$236,250
Outstanding Balance
$189,158
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$187,096

Purchase Details

Closed on
Jun 21, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Vance James H 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2006
Sold by
Diamond Farms Associates Llc
Bought by
Vance James H 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,700
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

Date Buyer Sale Price Title Company
Balsam Seth A $315,000 Kvs Title Llc
Vance James H 3Rd $345,900 --
Vance James H 3Rd $345,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsam Seth A $236,250
Previous Owner Vance James H 3Rd $276,700
Previous Owner Vance James H 3Rd $276,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Sold $315,000 -4.5% $286 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $330,000 -- $299 / 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 $4,139 $363,333 -- --
2024 $4,139 $350,000 $105,000 $245,000
2023 $4,102 $346,667 $0 $0
2022 $2,767 $343,333 $0 $0
2021 $3,161 $340,000 $102,000 $238,000
2020 $3,741 $330,000 $0 $0
2019 $3,627 $320,000 $0 $0
2018 $3,520 $310,000 $93,000 $217,000
2017 $2,656 $296,667 $0 $0
2016 -- $283,333 $0 $0
2015 $3,024 $270,000 $0 $0
2014 $3,024 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephanie Patience

    Keller Williams Realty Centre

    Section Image
  • Deborah Gerald

    Buyer's Agent in 2016

    Deborah Gerald

    Compass

    (301) 873-0422

    4 in this area

    73 Total Sales

    Deborah Gerald
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002443707

Bright MLS

APN: 13-03530525

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7923 Eastern Ave Unit 802, Silver Spring, MD

Not Listed for Sale

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