NOT LISTED FOR SALE

Estimated Value: $467,000 - $490,000

2 Beds
2 Baths
1,214 Sq Ft
$461/mo HOA Fee

Last Sold December 22, 2015

Last sale price $372,000 $306 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,398/month

33 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Hayes Elementary School Rated 9+
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of December 2015

Best location in the building; amazing floor plan, with granite counters gourmet kitchen, really nice almost new maple cabinets, large rooms w/plenty of closet space, beautiful hardwood floors and new carpet. Extra large balcony overlooking peaceful garden. Enjoy the amenities of downtown with its restaurants, shopping, entertainment, close to Metro. Reserved garage parking space convey.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 10/28/2015

Compass

Last Buyer's Agent

Kelly Melrose

(240) 686-5559 kellymelrose@gmail.com Taylor Properties

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 2005

Lot Details

  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • Parking Space Number Location: 62
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Room
  • Views of Woods

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Chairlift
  • Ramp on the main level

Outdoor Features

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303519174

Community Details

Overview

  • Association fees include exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, trash, water
  • 120 Units
  • Mid-Rise Condominium
  • 8045 Newell At Silver Spring Community
  • 8045 At Silver Spring Metro Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,831

Year Built

Built in 2005

Lot Details

0

HOA Fees

$461 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Chairlift, Elevator, Ramp - Main Level
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Dining/Living, Kitchen - Island, Dining Area, Combination Kitchen/Dining, Upgraded Countertops, Primary Bath(s), Window Treatments, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 311.37
  • Above Grade Finished Sq Ft: 1214
  • 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: Combination, Brick
  • Exterior Features: Extensive Hardscape
  • Pool Private: No
  • View: Trees/Woods, Street
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Garage
  • Parking Space Number Assigned: 62
  • Garage Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Intercom, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 461.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Gated Community, Party Room, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 234500.00
  • Land Assessed Value: 100500.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14100800
  • Tax Annual Amount: 3830.67
  • Assessor Parcel Number: 161303519174
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
Dec 22, 2015
Sold by
Bradford Robert L and Castro Ana K Carrion
Bought by
Lingam Veerendra Chowdhary
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Kelly Melrose
Taylor Properties
List Price
$384,000
Sold Price
$372,000
Premium/Discount to List
-$12,000
-3.12%
Current Estimated Value
$476,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,359
Avg. Annual Appreciation
2.52%
Original Mortgage
$353,400
Outstanding Balance
$280,315
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$196,044

Purchase Details

Closed on
Oct 1, 2010
Sold by
Treakle Miles and Treakle Amy M
Bought by
Bradford 3Rd Robert L and Carrion Castro Ana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hobson Lois M
Bought by
Treakle Miles and Treakle Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Hobson Lois M
Bought by
Treakle Miles and Treakle Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
8045 Newell St Llc
Bought by
Hobson Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2006
Sold by
8045 Newell St Llc
Bought by
Hobson Lois M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
Lingam Veerendra Chowdhary $372,000 First American Title Ins Co
Bradford 3Rd Robert L $379,000 --
Treakle Miles $430,000 --
Treakle Miles $430,000 --
Hobson Lois M $372,000 --
Hobson Lois M $372,000 --
Hobson Lois M $372,000 --
Hobson Lois M $372,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lingam Veerendra Chowdhary $353,400
Previous Owner Bradford 3Rd Robert L $279,000
Previous Owner Treakle Miles $430,000
Previous Owner Treakle Miles $430,000
Previous Owner Hobson Lois M $290,000
Previous Owner Hobson Lois M $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2015 12/22/15 Sold $372,000 -1.6% $306 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/20/2015 11/20/15 Price Changed $378,000 -1.6% $311 / Sq Ft
10/28/2015 10/28/15 For Sale $384,000 -- $316 / 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 $5,151 $443,333 -- --
2024 $5,151 $435,000 $130,500 $304,500
2023 $4,440 $433,333 $0 $0
2022 $3,479 $431,667 $0 $0
2021 $8,369 $430,000 $129,000 $301,000
2020 $8,033 $415,000 $0 $0
2019 $3,845 $400,000 $0 $0
2018 $4,345 $385,000 $115,500 $269,500
2017 $3,466 $368,333 $0 $0
2016 $3,695 $351,667 $0 $0
2015 $3,695 $335,000 $0 $0
2014 $3,695 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002384705

Bright MLS

APN: 13-03519174