NOT LISTED FOR SALE

Estimated Value: $442,000 - $484,000

2 Beds
2 Baths
1,250 Sq Ft
$671/mo HOA Fee

Last Sold July 15, 2022

Last sale price $455,000 $364 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,495/month

4 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Security Service
  • Hayes Elementary School Rated 9+
  • Party Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

City living at it’s best! This immaculate, 2 bed and 2 bath main level contemporary condo features a sunny and spacious open concept with 9 ft. ceilings, kitchen with gas cooking, stainless appliances and granite counters with breakfast bar, adjacent to a spacious dining area and living room with balcony and separate den. Large primary bedroom offers two closets and master bath with granite countertops and frameless shower. Secondary bedroom with walk in closet and private balcony. Ample storage closets and in unit washer and dryer The Orion has a beautiful lobby and 24/7 secure access. and amenities that includes a fitness center, roof top terrace with open views, grill and party room. Pet friendly! Both off street and nearby garage parking available. District parking permits can be obtained through Montgomery County Divison of Parking Management. Minutes to Silver Spring Metro, two bus stops on Eastern Ave and Kennett Street, Whole Foods, Target, shops, restaurants, cinemas and all downtown Silver Spring has to offer.

Last Agent to Sell the Property

Barbara McCaffrey

(443) 926-6075 barbara.mccaffrey@redfin.com Redfin Corp Listed on: 06/17/2022

Redfin Corp

Last Buyer's Agent

Ken Abramowitz

(301) 526-2380 homesbyken@gmail.com RE/MAX Town Center License #636973

RE/MAX Town Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 2012

Lot Details

  • 305

HOA Fees

  • $671 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303706771

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • The Orion Codm Community
  • The Orion Codm Subdivision

Amenities

  • Common Area
  • Party Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,651

Year Built

Built in 2012

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-18
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1250
  • Living Area Sq Ft: 1250
  • Price Per Sq Ft: 360.00
  • Above Grade Finished Sq Ft: 1250
  • 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, Below Grade
  • Construction Materials: Brick
  • 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, Off Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 671.35
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 294000.00
  • Land Assessed Value: 126000.00
  • Zoning: SEE PUBLIC RECORD
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14117889
  • Tax Annual Amount: 4651.00
  • Assessor Parcel Number: 161303706771
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 13, 2022
Sold by
Navin Jayaram
Bought by
Makhijani Shakuntala and Warner Adam
Seller's Agent
Barbara McCaffrey
Redfin Corp
Buyer's Agent
Ken Abramowitz
RE/MAX Town Center
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$457,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,697
Avg. Annual Appreciation
0.17%
Original Mortgage
$364,000
Outstanding Balance
$348,284
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$109,413

Purchase Details

Listed on
Oct 26, 2015
Closed on
Feb 5, 2016
Sold by
Benedetti Jay D and Benedetti Artemis
Bought by
Jayaram Navin and Banerjee Debosree
Seller's Agent
Dora Benedetti
Taylor Properties
Buyer's Agent
Barbara McCaffrey
Redfin Corp
List Price
$420,000
Sold Price
$395,000
Premium/Discount to List
-$25,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$316,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Makhijani Shakuntala $455,000 New Title Company Name
Makhijani Shakuntala $455,000 Bayline Title & Escrow Llc
Jayaram Navin $395,000 Title Forward
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makhijani Shakuntala $364,000
Closed Makhijani Shakuntala $364,000
Previous Owner Jayaram Navin $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $455,000 +1.1% $364 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $450,000 +13.9% $360 / Sq Ft
02/10/2016 02/10/16 Sold $395,000 -3.7% $316 / Sq Ft View Prior Sale
01/01/2016 01/01/16 Pending -- -- --
11/17/2015 11/17/15 Price Changed $410,000 -2.4% $328 / Sq Ft
10/26/2015 10/26/15 For Sale $420,000 -- $336 / 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 $4,973 $423,333 -- --
2024 $4,973 $420,000 $126,000 $294,000
2023 $4,244 $416,667 $0 $0
2022 $4,002 $413,333 $0 $0
2021 $3,959 $410,000 $123,000 $287,000
2020 $3,852 $400,000 $0 $0
2019 $3,736 $390,000 $0 $0
2018 $3,631 $380,000 $114,000 $266,000
2017 $3,567 $370,000 $0 $0
2016 -- $360,000 $0 $0
2015 -- $350,000 $0 $0
2014 -- $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2056286

Bright MLS

APN: 13-03706771