NOT LISTED FOR SALE

Eastern Village Cohousing 7981 Eastern Ave Unit C1 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $336,180 - $412,000

2 Beds
1 Bath
964 Sq Ft
$352/mo HOA Fee

Last Sold January 15, 2016

Last sale price $300,000 $311 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,578/month

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Combination Kitchen and Living
  • Takoma Park Middle School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of January 2016

Kinetic Mixed Use (Residential/Commercial) Luxury Condo w/ Contemporary Loft Design! Freshly Painted w/ Brand New Hardwood Floors & Natural Stone Floor in Kitchen, 12 Foot Ceilings, Spacious & Bright Custom Living Space w/2 Entrances. Quiet & Peaceful Haven on Edge of Downtown Silver Spring! Offers Special Mixed-use Zoning. Property Tax Incentive; Arts and Entertainment Credit.

Last Agent to Sell the Property

Howard Fletcher

(301) 233-2845 howard@omniareal.com Century 21 Redwood Realty License #RSR006240 Listed on: 09/03/2015

Century 21 Redwood Realty

Last Buyer's Agent

Aidan Jones

(410) 952-5766 aidanjones@northroprealty.com Northrop Realty License #651060

Northrop Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,586

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $352 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 964 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Family Room
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Rented or Permit Required

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303449071

Community Details

Overview

  • Association fees include exterior building maintenance, sewer, snow removal, trash, water
  • 9 Units
  • Low-Rise Condominium
  • Eastern Village Community
  • Silver Spring Subdivision

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,586

Year Built

Built in 2005

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Remarks Public: Kinetic Mixed Use (Residential/Commercial) Luxury Condo w/ Contemporary Loft Design! Freshly Painted w/ Brand New Hardwood Floors & Natural Stone Floor in Kitchen, 12 Foot Ceilings, Spacious & Bright Custom Living Space w/2 Entrances. Quiet & Peaceful Haven on Edge of Downtown Silver Spring! Offers Special Mixed-use Zoning. Property Tax Incentive; Arts and Entertainment Credit.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Microwave, Washer, Dryer, Cooktop, Dishwasher, Disposal, Refrigerator, Oven/Range - Electric
  • Interior Amenities: Kitchen - Eat-In, Kitchen - Table Space, Combination Kitchen/Living, Wood Floors, Upgraded Countertops, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 964
  • Living Area Sq Ft: 964
  • Price Per Sq Ft: 311.20
  • Above Grade Finished Sq Ft: 964
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7981

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage, Rented/Permit Required
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 124.24
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 352.16
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 185600.00
  • Land Assessed Value: 79500.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14096165
  • Tax Annual Amount: 3585.82
  • Assessor Parcel Number: 161303449071
  • Tax Total Finished Sq Ft: 964
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/15/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Jan 14, 2016
Sold by
Airhart Micheael R
Bought by
Bassich Dennis and Williams Ashley
Seller's Agent
Howard Fletcher
Century 21 Redwood Realty
Buyer's Agent
Aidan Jones
Northrop Realty
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$366,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,545
Avg. Annual Appreciation
1.94%
Original Mortgage
$285,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 25, 2012
Closed on
Sep 21, 2012
Sold by
Sanders Patrick J
Bought by
Airhart Michael
Seller's Agent
Lawrence Lessin
Save 6, Incorporated
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$345,000
Sold Price
$321,500
Premium/Discount to List
-$23,500
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.04%

Purchase Details

Closed on
Dec 13, 2005
Sold by
Eastern Village Cohousing Llc
Bought by
Sanders Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2005
Sold by
Eastern Village Cohousing Llc
Bought by
Sanders Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bassich Dennis $300,000 Masters Title & Escrow
Airhart Michael $321,500 --
Sanders Patrick J $205,000 --
Sanders Patrick J $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bassich Dennis $285,000
Previous Owner Sanders Patrick J $164,000
Previous Owner Sanders Patrick J $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $300,000 0.0% $311 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
09/25/2015 09/25/15 Price Changed $299,999 -6.2% $311 / Sq Ft
09/03/2015 09/03/15 For Sale $319,900 -0.5% $332 / Sq Ft
09/09/2012 09/09/12 Sold $321,500 -6.8% $334 / Sq Ft
04/25/2012 04/25/12 For Sale $345,000 -- $358 / 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 $3,496 $301,000 -- --
2024 $3,496 $294,000 $88,200 $205,800
2023 $2,804 $294,000 $88,200 $205,800
2022 $2,370 $294,000 $88,200 $205,800
2021 $2,655 $294,000 $88,200 $205,800
2020 $2,655 $294,000 $88,200 $205,800
2019 $2,653 $294,000 $88,200 $205,800
2018 $2,659 $294,000 $88,200 $205,800
2017 $2,136 $284,367 $0 $0
2016 -- $274,733 $0 $0
2015 $3,433 $265,100 $0 $0
2014 $3,433 $265,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Howard Fletcher

    Seller's Agent in 2016

    Howard Fletcher

    Century 21 Redwood Realty

    (301) 233-2845

    6 Total Sales

    Howard Fletcher
    Section Image
  • Aidan Jones

    Buyer's Agent in 2016

    Aidan Jones

    Creig Northrop Team of Long & Foster

    (410) 952-5766

    114 Total Sales

    Aidan Jones
    Section Image
  • Lawrence Lessin

    Seller's Agent in 2012

    Lawrence Lessin

    Save 6, Incorporated

    (301) 355-6104

    680 Total Sales

    Lawrence Lessin
    Section Image
See All Agents

About Eastern Village Cohousing

Map

Source: Bright MLS

MLS Number: 1002370463

Bright MLS

APN: 13-03449071

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7981 Eastern Ave Unit C1, Silver Spring, MD

This home is located at 7981 Eastern Ave Unit C1, Silver Spring, MD 20910 since 03 September 2015 and is currently estimated at $366,545, approximately $380 per square foot. This property was built in 2005. 7981 Eastern Ave Unit C1 is a home located in Montgomery County with nearby schools including Takoma Park Middle School, Montgomery Blair High School, and Lowell School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes