NOT LISTED FOR SALE

Estimated Value: $479,517 - $493,000

2 Beds
2 Baths
1,214 Sq Ft
$630/mo HOA Fee

Last Sold July 14, 2023

Last sale price $468,000 $386 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,753/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • 2 Elevators
  • Takoma Park Middle School Rated A
  • Party Room
  • Downtown Location

About This Home

As of July 2023

Reintroducing this gem in the heart of downtown Silver Spring: a stunning and modern 2 bedroom, 2 bath condo that has undergone a fresh transformation. After the owners have lovingly moved out, the space has been meticulously deep cleaned, professionally staged, and is now ready to be showcased in its absolute best light.

Experience the ultimate urban lifestyle in an upgraded ambiance. The open floor plan, already perfect for entertaining guests, shines even brighter with renewed attention to detail. The spacious living area that flows seamlessly into the gourmet kitchen, complete with a breakfast bar and stainless steel appliances, has been enhanced and given a fresh, modern appeal.

Relish in city living at its finest on your large private balcony, offering beautiful views of the surrounding area. This luxury condo continues to provide convenience with a washer and dryer in-unit, and a parking space in the building garage.

Located just steps away from the Silver Spring Metro station, you'll enjoy easy access to the vibrant community that surrounds. From a variety of restaurants and cafes to exciting entertainment and arts venues, there's never a shortage of things to do.

Come experience the upgraded version of city living in this stunning condo. It's not just a property; it's your future home waiting for you.

Last Listed By

Edward Dumitrache

EXP Realty, LLC License #0225228053 Listed on: 06/22/2023

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 2005

Lot Details

  • Downtown Location
  • Property is in very good condition

HOA Fees

  • $630 Monthly HOA Fees

Parking

  • Garage Door Opener
  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • East Silver Spring Elementary School
  • Takoma Park Middle School
  • Montgomery Blair High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303519130
  • $214 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, recreation facility, reserve funds, sewer, snow removal, trash
  • Mid-Rise Condominium
  • Barkan Management Condos
  • 8045 At Silver Spring Metro Subdivision

Amenities

  • Common Area
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,735

Year Built

Built in 2005

Lot Details

0

HOA Fees

$630 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 391.19
  • Above Grade Finished Sq Ft: 1214
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8045

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 Spaces: 1.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys
  • Garage Features: Covered Parking, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 630.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Barkan Management
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Party Room, Reserved/Assigned Parking, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: EAST SILVER SPRING
  • Middle School: TAKOMA PARK
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: EAST SILVER SPRING
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: TAKOMA PARK

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: CBD1
  • In City Limits: No

Rental Info

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

Multi Family

  • Front Foot Fee: 214.24

Tax Info

  • Tax Annual Amount: 4735.00
  • Assessor Parcel Number: 161303519130
  • Tax Year: 2023
  • Close Date: 07/14/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 14, 2023
Sold by
Meyer Paul Richard and Meyer Marnay
Bought by
Cash Steven and Sullivan Erin
Seller's Agent
Edward Dumitrache
EXP Realty, LLC
Buyer's Agent
Brian Sobotka
Long & Foster Real Estate, Inc.
List Price
$474,900
Sold Price
$468,000
Premium/Discount to List
-$6,900
-1.45%
Total Days on Market
0
Views
262
Current Estimated Value
$485,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,879
Avg. Annual Appreciation
1.94%
Original Mortgage
$419,400
Outstanding Balance
$411,435
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$73,312

Purchase Details

Closed on
Oct 18, 2021
Sold by
Meyer Paul Richard and Meyer Marnay
Bought by
Meyer Paul Richard and Meyer Marnay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jun 18, 2018
Sold by
Vashi Satyam V and Vashi Shrimayi D
Bought by
Meyer Paul and Meyer Marnay
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Edward Dumitrache
EXP Realty, LLC
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.46%
Original Mortgage
$328,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2013
Closed on
Jun 26, 2013
Sold by
Arnett Christopher W and Graf Joshua R
Bought by
Vashi Satyam V and Vashi Shrimayi D
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$275,000
Sold Price
$375,000
Premium/Discount to List
$100,000
36.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%
Original Mortgage
$300,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Levy Jane
Bought by
Arnett Christopher W and Graf Joshua R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Mesbahi Kathy
Bought by
Levy Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
Mesbahi Kathy
Bought by
Levy Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
8045 Newell St Llc
Bought by
Mesbahi Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
8045 Newell St Llc
Bought by
Mesbahi Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Cash Steven $468,000 None Listed On Document
Meyer Paul Richard -- R & P Settlement Group Llc
Meyer Paul $410,000 Title Forward
Vashi Satyam V $375,000 First American Title Ins Co
Arnett Christopher W $336,000 First American Title Ins Co
Levy Jane $400,000 --
Levy Jane $400,000 --
Mesbahi Kathy $372,825 --
Mesbahi Kathy $372,825 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Steven $419,400
Previous Owner Meyer Paul Richard $319,000
Previous Owner Meyer Paul $328,000
Previous Owner Vashi Satyam V $300,000
Previous Owner Arnett Christopher W $268,800
Previous Owner Levy Jane $250,000
Previous Owner Levy Jane $250,000
Previous Owner Mesbahi Kathy $333,000
Previous Owner Mesbahi Kathy $333,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $468,000 -1.5% $386 / Sq Ft
06/22/2023 06/22/23 For Sale $474,900 +15.8% $391 / Sq Ft
06/20/2018 06/20/18 Sold $410,000 -2.1% $338 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/27/2018 04/27/18 Price Changed $419,000 -1.4% $345 / Sq Ft
04/05/2018 04/05/18 For Sale $425,000 +13.3% $350 / Sq Ft
06/26/2013 06/26/13 Sold $375,000 0.0% $309 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
05/03/2013 05/03/13 Price Changed $375,000 +36.4% $309 / Sq Ft
05/03/2013 05/03/13 For Sale $275,000 -- $227 / 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 $5,151 $435,000 $130,500 $304,500
2023 $2,177 $426,000 $0 $0
2022 $4,043 $417,000 $0 $0
2021 $3,936 $408,000 $122,400 $285,600
2020 $7,702 $400,333 $0 $0
2019 $3,762 $392,667 $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: MDMC2097842

Bright MLS

APN: 13-03519130