NOT LISTED FOR SALE

Eastern Village Cohousing 7981 Eastern Ave Unit 113 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $609,000 - $673,000

3 Beds
3 Baths
1,660 Sq Ft
$520/mo HOA Fee

Last Sold June 13, 2012

Last sale price $416,000 $251 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,585/month

70 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Party Room
  • Takoma Park Middle School Rated A
  • Combination Kitchen and Living
  • Breakfast Area or Nook

About This Home

As of June 2012

What was once a 4 story office building is now a NEW condo cohousing concept community.2 level 3 bedroom 3 bath &open area.Green building w/major environmentally friendly components that makes fees/utilities much lower.Geothermal heat. SUNDAYS SHOWING BY APPT. ONLY. 1-4 pm. Subject to 3rd party approval.

Last Agent to Sell the Property

Daniel Yirenkyi

Global 2000 Realty License #0666451 Listed on: 02/02/2012

Last Buyer's Agent

Phyllis Alexander

Long & Foster Real Estate, Inc. License #MRIS:1066

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,167

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,660 Sq Ft Home
  • Property has 2 Levels
  • Combination Kitchen and Living
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 161303449264

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, reserve funds, sewer, water
  • Mid-Rise Condominium
  • Eastern Village Community
  • Silver Spring Subdivision
  • The community has rules related to alterations or architectural changes, building or community restrictions

Amenities

  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,167

Year Built

Built in 2004

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: What was once a 4 story office building is now a NEW condo cohousing concept community.2 level 3 bedroom 3 bath &open area.Green building w/major environmentally friendly components that makes fees/utilities much lower.Geothermal heat. SUNDAYS SHOWING BY APPT. ONLY. 1-4 pm. Subject to 3rd party approval.
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Breakfast Area, Combination Kitchen/Living
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1660
  • Living Area Sq Ft: 1660
  • Price Per Sq Ft: 246.99
  • Above Grade Finished Sq Ft: 1660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7981

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 520.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Party Room, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Insurance, Reserve Funds, Sewer, Water
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Building Restrictions, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Year Assessed: 2011
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5166.81
  • Assessor Parcel Number: 161303449264
  • Tax Total Finished Sq Ft: 1660
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/13/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2012
Sold by
Joseph Andrew and Schilz Gabriele
Bought by
Joseph Andrew and Schilz Gabriele
Current Estimated Value
$650,611

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jun 13, 2012
Sold by
Taylor Candice G and Taylor Blossom M
Bought by
Joseph Andrew and Schilz Gabriele
Seller's Agent
Daniel Yirenkyi
Global 2000 Realty
Buyer's Agent
Phyllis Alexander
Long & Foster Real Estate, Inc.
List Price
$410,000
Sold Price
$416,000
Premium/Discount to List
$6,000
1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$312,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Eastern Village Cohousing Llc
Bought by
Taylor Candice
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
Joseph Andrew -- Capitol Title Insurance Agen
Joseph Andrew $416,000 First American Title Ins Co
Taylor Candice $489,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Andrew $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $416,000 +1.5% $251 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $410,000 -- $247 / 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 $6,328 $541,667 -- --
2024 $6,328 $535,000 $160,500 $374,500
2023 $5,600 $531,667 $0 $0
2022 $4,258 $528,333 $0 $0
2021 $5,258 $525,000 $157,500 $367,500
2020 $10,331 $516,667 $0 $0
2019 $5,068 $508,333 $0 $0
2018 $4,984 $500,000 $150,000 $350,000
2017 $4,506 $470,000 $0 $0
2016 $4,475 $440,000 $0 $0
2015 $4,475 $410,000 $0 $0
2014 $4,475 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Daniel Yirenkyi

    Global 2000 Realty

    Section Image

  • P

    Buyer's Agent in 2012

    Phyllis Alexander

    Long & Foster

See All Agents

About Eastern Village Cohousing

Map

Source: Bright MLS

MLS Number: 1003840328

Bright MLS

APN: 13-03449264

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7981 Eastern Ave Unit 113, Silver Spring, MD

This home is located at 7981 Eastern Ave Unit 113, Silver Spring, MD 20910 since 02 February 2012 and is currently estimated at $650,611, approximately $391 per square foot. This property was built in 2004. 7981 Eastern Ave Unit 113 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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