NOT LISTED FOR SALE

Eastern Village Cohousing 7981 Eastern Ave Unit 201 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $361,000 - $399,000

2 Beds
2 Baths
860 Sq Ft
44 Sq Ft Lot Lot

Sale Details

Date Sold: May 22, 2012

Last sale price $250,000 $291 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,681 / mo

201 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Traditional Floor Plan
  • Takoma Park Middle School Rated A
  • Contemporary Architecture
  • Day Care Facility

About This Home

As of May 2012

FIRST YEAR CONDO DUES PAID BY SELLER! 2 BEDROOM, 2 BATH UNIT IN DESIRABLE CO-HOUSING. TONS OF NATURAL LIGHT, AMPLE CLOSETS, ROOFTOP DECK & GARDENS & GREEN COURTYARD. LOW UTILITY COSTS & CONDO FEES. PET FRIENDLY AND NEIGHBORS THAT HELP EACH OTHER OUT- A VERY SPECIAL COMMUNITY. GARAGE PKG NEXT DOOR, 10 MINUTE WALK TO METRO & DOWNTOWN SILVER SPRING.

Last Agent to Sell the Property

Cynthia Holland

(202) 966-1400 cindy.holland@lnf.com Long & Foster Real Estate, Inc. License #SP98359524 Listed on: 09/09/2011

Long & Foster Real Estate, Inc.

Co-Listed By

Peggy Speaker

Peggy.Speaker@LNF.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $311 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vegetated Roof

Interior Spaces

  • 860 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Site Parking for Rent
  • On-Street Parking

Utilities

  • Geothermal Heating and Cooling
  • Satellite Dish

Additional Features

  • Accessible Elevator Installed
  • Playground
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303449333

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, high speed internet, management, insurance, reserve funds, sewer, snow removal, trash, water
  • 56 Units
  • Low-Rise Community
  • Eastern Village Co Housing Community
  • Silver Spring Subdivision
  • The community has rules related to renting

Amenities

  • Day Care Facility
  • Picnic Area
  • Common Area
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Dining Room
  • Community Library
  • Guest Suites
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,653

Year Built

Built in 2004

Lot Details

44 Sq Ft Lot

HOA Fees

$311 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Galley, Breakfast Area, Elevator, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 319.77
  • Above Grade Finished Sq Ft: 860
  • 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
  • Construction Completed: No
  • Exterior Features: Play Area
  • Roof: Vegetated
  • 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 - Rent
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.42
  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Cooling Type: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Geothermal Heat Pump
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 311.38
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Common Grounds, Community Center, Day Care, Dining Rooms, Elevator, Exercise Room, Guest Suites, Library, Meeting Room, Party Room, Picnic Area, Satellite Tv, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, High Speed Internet, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed, Renting
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 90000.00
  • Outdoor Living Structures: Roof
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14096189
  • Tax Annual Amount: 3652.56
  • Assessor Parcel Number: 161303449333
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Multi Family

  • Metering: Fully Separate

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
Sep 9, 2011
Closed on
May 1, 2012
Sold by
Bought by
Seller's Agent
Cynthia Holland
Long & Foster Real Estate, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$384,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,728
Avg. Annual Appreciation
3.11%
Original Mortgage
$100,000
Outstanding Balance
$69,285
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$315,443

Purchase Details

Closed on
May 13, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$250,000 First American Title Insuran
$320,000 --
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 $100,000
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
05/22/2012 05/22/12 Sold $250,000 -9.1% $291 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
09/09/2011 09/09/11 For Sale $275,000 -- $320 / 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 $3,553 $356,667 -- --
2024 $4,037 $340,000 $102,000 $238,000
2023 $3,247 $331,667 $0 $0
2022 $2,606 $323,333 $0 $0
2021 $2,892 $315,000 $94,500 $220,500
2020 $2,836 $310,000 $0 $0
2019 $2,777 $305,000 $0 $0
2018 $2,727 $300,000 $90,000 $210,000
2017 $2,470 $283,333 $0 $0
2016 -- $266,667 $0 $0
2015 $3,097 $250,000 $0 $0
2014 $3,097 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cynthia Holland

    Long & Foster

    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Peggy Speaker

    Long & Foster

    Section Image

  • N

    Buyer's Agent in 2012

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

About Eastern Village Cohousing

Map

Source: Bright MLS

MLS Number: 1004580736

Bright MLS

APN: 13-03449333

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7981 Eastern Ave Unit 201, Silver Spring, MD

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