NOT LISTED FOR SALE

Estimated Value: $392,000 - $442,000

1 Bed
1.5 Baths
1,043 Sq Ft
$503/mo HOA Fee

Last Sold March 25, 2021

Last sale price $375,000 $360 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,152/month

75 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Takoma Park Middle School Rated A
  • Party Room
  • Dogs and Cats Allowed

About This Home

As of March 2021

Stunning 3rd floor luxury unit in Downtown Silver Spring! This spacious 1BD/1.5BA + Den features 9' ceilings, wood floors throughout, full size stackable laundry, and a powder room off the foyer. Enjoy an open kitchen area with lots of cabinets, ample countertop space and stainless appliances including a gas range. This condo features a cozy dining and living room. The owner's suite has lots of natural light, 2 deep walk-in custom closets, and a full bath with large vanity, tub, and shower. The Den makes for a great home office or guest room. Upscale amenities consist of a gorgeous, inviting lobby, entry level fitness center, top level glass walled party room with fireplace & TV, picturesque view from rooftop deck, and outdoor rooftop entertaining area with grill. Bike rack also located on roof. You can't beat the location! Steps from DC and less than a mile from Silver Spring Metro, close proximity to buses and Capital Bike Share. Also convenient to IMAX theater, AFI, Acorn Park, Giant, Target, CVS Pharmacy, and many dining areas. Parking is available in the Galaxy apartments garage ($75/month).

Last Listed By

Koki Adasi

Compass License #612346 Listed on: 12/09/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 2012

Lot Details

  • 436

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,043 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303707002

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, sewer, common area maintenance
  • Low-Rise Condominium
  • The Orion Condominium Condos
  • The Orion Codm Community
  • The Orion Codm Subdivision
  • Property Manager

Amenities

  • Party Room

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,628

Year Built

Built in 2012

Lot Details

0

HOA Fees

$503 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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning 3rd floor luxury unit in Downtown Silver Spring! This spacious 1BD/1.5BA + Den features 9' ceilings, wood floors throughout, full size stackable laundry, and a powder room off the foyer. Enjoy an open kitchen area with lots of cabinets, ample countertop space and stainless appliances including a gas range. This condo features a cozy dining and living room. The owner's suite has lots of natural light, 2 deep walk-in custom closets, and a full bath with large vanity, tub, and shower. The Den makes for a great home office or guest room. Upscale amenities consist of a gorgeous, inviting lobby, entry level fitness center, top level glass walled party room with fireplace & TV, picturesque view from rooftop deck, and outdoor rooftop entertaining area with grill. Bike rack also located on roof. You can't beat the location! Steps from DC and less than a mile from Silver Spring Metro, close proximity to buses and Capital Bike Share. Also convenient to IMAX theater, AFI, Acorn Park, Giant, Target, CVS Pharmacy, and many dining areas. Parking is available in the Galaxy apartments garage ($75/month).
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1043
  • Living Area Sq Ft: 1043
  • Price Per Sq Ft: 353.79
  • Above Grade Finished Sq Ft: 1043
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8005

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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, Below Grade
  • Construction Materials: Brick
  • Spa: 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: Off Site

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 503.37
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE ORION CONDOMINIUM
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Sewer, Common Area Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 237300.00
  • Land Assessed Value: 101700.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: CR-3.0 C-2.0 R-2.75 H-125
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14117946
  • Tax Annual Amount: 3628.00
  • Assessor Parcel Number: 161303707002
  • Tax Total Finished Sq Ft: 1043
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/25/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Mar 24, 2021
Sold by
Morris Broderick
Bought by
Wessel Samantha
Seller's Agent
Koki Adasi
Compass
Buyer's Agent
Luke Rozansky
Compass
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Total Days on Market
75
Current Estimated Value
$407,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,852
Avg. Annual Appreciation
3.28%
Original Mortgage
$363,750
Outstanding Balance
$334,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,650

Purchase Details

Listed on
Aug 1, 2012
Closed on
Apr 3, 2013
Sold by
13Th Eastern Llc
Bought by
Broderick Morris Jr
Seller's Agent
David Mayhood
The Mayhood Company
Buyer's Agent
Koki Adasi
Compass
List Price
$310,900
Sold Price
$310,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$248,720
Interest Rate
3.52%
Mortgage Type
New Conventional

Range of Values:

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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
Wessel Samantha $375,000 Kvs Title Llc
Broderick Morris Jr $310,900 Champion Title & Settlements
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wessel Samantha $363,750
Previous Owner Broderick Morris Jr $248,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $375,000 +1.6% $360 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
01/28/2021 01/28/21 Price Changed $369,000 -4.2% $354 / Sq Ft
12/09/2020 12/09/20 For Sale $385,000 +23.8% $369 / Sq Ft
03/29/2013 03/29/13 Sold $310,900 0.0% $282 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
08/01/2012 08/01/12 For Sale $310,900 -- $282 / 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
2024 $4,386 $370,000 $111,000 $259,000
2023 $3,573 $359,667 $0 $0
2022 $3,280 $349,333 $0 $0
2021 $6,319 $339,000 $101,700 $237,300
2020 $5,873 $329,000 $0 $0
2019 $2,936 $319,000 $0 $0
2018 $3,488 $309,000 $92,700 $216,300
2017 $2,969 $309,000 $0 $0
2016 -- $309,000 $0 $0
2015 -- $309,000 $0 $0
2014 -- $309,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC737628

Bright MLS

APN: 13-03707002