NOT LISTED FOR SALE

Eastern Village Cohousing 7981 Eastern Ave Unit C8 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $465,000 - $632,000

2 Beds
1.5 Baths
1,330 Sq Ft
$442/mo HOA Fee

Last Sold August 14, 2013

Last sale price $452,000 $340 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,633/month

17 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Den
  • Hayes Elementary School Rated 9+
  • Combination Kitchen and Living
  • Intercom

About This Home

As of August 2013

Rare mixed use artist live/work loft built out in 2006 in the commercial wing of Eastern Cohousing condo. Open floor-plan w/ lots of light. Industrial feel with finished cement floors, 12 ft. ceiling. Artist studio is now 2nd BR. Pocket doors. Combined powder/laundry room with laundry tub. Master bath w/ 2 sinks. Silestone counters in kit. w island. Tax incentives. County parking gar.next door

Last Agent to Sell the Property

Sarah Toppins

(301) 523-7653 sarah@sarahtoppins.com Long & Foster Real Estate, Inc. License #BR101582 Listed on: 05/21/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ingrid Dallaire

(301) 455-6962 ingrid.dallaire@longandfoster.com Long & Foster Real Estate, Inc. License #575125

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 2005

HOA Fees

  • $442 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,330 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Intercom
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Satellite Dish

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303449140

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, high speed internet, management, insurance, sewer, snow removal, trash
  • Low-Rise Condominium
  • Artist Loft
  • Eastern Village Cohousing Comm Community

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,861

Year Built

Built in 2005

Lot Details

0

HOA Fees

$442 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: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Island, Combination Kitchen/Living, Elevator, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Master Bedroom, Kitchen, Den, Study
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1330
  • Living Area Sq Ft: 1330
  • Price Per Sq Ft: 338.35
  • Above Grade Finished Sq Ft: 1330
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Satellite Dish
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Refuse: 117.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Security: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 442.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Management, Insurance, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 256000.00
  • Land Assessed Value: 109700.00
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14096171
  • Tax Annual Amount: 4861.10
  • Assessor Parcel Number: 161303449140
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2013
Closed on
Aug 14, 2013
Sold by
Hewitt Brian J and Weadock Briana M
Bought by
Fogel David and Fogel Jessica
Seller's Agent
Sarah Toppins
Long & Foster Real Estate, Inc.
Buyer's Agent
Ingrid Dallaire
Long & Foster Real Estate, Inc.
List Price
$450,000
Sold Price
$452,000
Premium/Discount to List
$2,000
0.44%
Current Estimated Value
$523,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,705
Avg. Annual Appreciation
1.20%
Original Mortgage
$150,000
Outstanding Balance
$111,594
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$412,111

Purchase Details

Closed on
Apr 25, 2006
Sold by
Eastern Village Cohousing Llc
Bought by
Hewitt Brian and Hewitt Briana Weadock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2006
Sold by
Eastern Village Cohousing Llc
Bought by
Hewitt Brian and Hewitt Briana Weadock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.4%
Mortgage Type
Commercial
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

Date Buyer Sale Price Title Company
Fogel David $452,000 Sage Title Group Llc
Hewitt Brian $492,841 --
Hewitt Brian $492,841 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fogel David $150,000
Previous Owner Hewitt Brian $328,500
Previous Owner Hewitt Brian $328,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $452,000 +0.4% $340 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $450,000 -- $338 / 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 $5,212 $446,667 -- --
2024 $5,212 $440,000 $132,000 $308,000
2023 $4,521 $440,000 $132,000 $308,000
2022 $3,546 $440,000 $132,000 $308,000
2021 $4,300 $440,000 $132,000 $308,000
2020 $4,301 $440,000 $132,000 $308,000
2019 $4,298 $440,000 $132,000 $308,000
2018 $4,410 $440,000 $132,000 $308,000
2017 $4,027 $415,233 $0 $0
2016 -- $390,467 $0 $0
2015 $4,694 $365,700 $0 $0
2014 $4,694 $365,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sarah Toppins

    Long & Foster

    Section Image
  • Ingrid Dallaire

    Buyer's Agent in 2013

    Ingrid Dallaire

    Long & Foster

    (301) 455-6962

    13 Total Sales

    Ingrid Dallaire
    Section Image
See All Agents

About Eastern Village Cohousing

Map

Source: Bright MLS

MLS Number: 1003525226

Bright MLS

APN: 13-03449140

Maryland Montgomery County Silver Spring 20012 Downtown Silver Spring

7981 Eastern Ave Unit C8, Silver Spring, MD

Not Listed for Sale

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