NOT LISTED FOR SALE

Estimated Value: $461,142 - $543,000

2 Beds
2 Baths
1,214 Sq Ft
$567/mo HOA Fee

Last Sold February 28, 2022

Last sale price $460,000 $379 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,557/month

8 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Hayes Elementary School Rated 9+
  • Contemporary Architecture
  • Community Center

About This Home

As of February 2022

Welcome home to this spacious corner-unit condo that will check all of your boxes including balcony, garage parking, and in-unit washer/dryer. Freshly painted, the spacious two bedroom, two bath floor plan features a tiled entry foyer and an open concept living area featuring a beautiful kitchen with granite counters, spacious living room that leads out to the balcony, and generous-sized dining area. The bedrooms flank the entry foyer where you'll find a hall closet and the stacked washer and dryer. The principal bedroom boasts a large walk-in closet and en-suite bathroom with double vanity and walk-in shower. The second bedroom is also spacious and connects with the dual-entry bath. Flooded with natural light, unit 418 has been upgraded with stunning hardwood floors. The pet-friendly building amenities include a community room and fitness center for your enjoyment. Enjoy easy access to metrorail, grocery shopping, the AFI, and all that Silver Spring has to offer! While you'll likely never need a car, getting around town is a breeze as well with quick access to 16th Street, East West Highway, and Colesville Road.

Last Agent to Sell the Property

Mark Meyerdirk

(202) 489-6150 Mark@UrbanBrokers.com Urban Brokers, LLC Listed on: 01/20/2022

Last Buyer's Agent

Brian Sobotka

(240) 718-8310 brian.sobotka@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • Assigned parking located at #51
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Electric Dryer
  • Washer

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 161303519141

Community Details

Overview

  • Association fees include management, insurance, parking fee, common area maintenance
  • Mid-Rise Condominium
  • Downtown Silver Spring Subdivision

Amenities

  • Community Center

Recreation

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,820

Year Built

Built in 2005

Lot Details

0

HOA Fees

$567 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: 32"+ Wide Doors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Assigned Parking Space Numbers: 51
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Washer, Dryer - Electric, Refrigerator, Built-In Microwave
  • Entry Floor: 4
  • Interior Amenities: Combination Dining/Living, Elevator, Floor Plan - Open, Kitchen - Galley, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • 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: 374.79
  • 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, Below Grade
  • Construction Materials: Brick Veneer, Wood Siding
  • Spa: No
  • 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: No
  • Parking Features: Assigned
  • Garage Features: Garage - Side Entry, Inside Access
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 567.18
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Community Center
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Parking Fee, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14100796
  • Tax Annual Amount: 4820.00
  • Assessor Parcel Number: 161303519141
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Jun 17, 2015
Sold by
Fannie Mae
Bought by
Ghosh Swapan K and Ghosh Rita
Seller's Agent
Mina Sultani
Coldwell Banker Realty
Buyer's Agent
Mark Meyerdirk
Urban Brokers, LLC
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%
Current Estimated Value
$486,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,536
Avg. Annual Appreciation
3.34%
Original Mortgage
$258,750
Outstanding Balance
$199,840
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$286,696

Purchase Details

Closed on
Jan 28, 2015
Sold by
Gaton Rapena Lisa I and Rapena Robert J
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2006
Sold by
8045 Newell St Llc
Bought by
Gato Rapena Robert J and Gato Lisa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,690
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 17, 2006
Sold by
8045 Newell St Llc
Bought by
Gato Rapena Robert J and Gato Lisa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,690
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ghosh Swapan K $345,000 Kvs Title Llc
Fannie Mae $486,718 None Available
Gato Rapena Robert J $353,450 --
Gato Rapena Robert J $353,450 --
Gato Rapena Robert J $353,450 --
Gato Rapena Robert J $353,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghosh Swapan K $258,750
Previous Owner Gato Rapena Robert J $70,690
Previous Owner Gato Rapena Robert J $282,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2022 02/28/22 Sold $460,000 +1.1% $379 / Sq Ft
01/20/2022 01/20/22 For Sale $455,000 +31.9% $375 / Sq Ft
06/18/2015 06/18/15 Sold $345,000 -1.4% $284 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
04/26/2015 04/26/15 Price Changed $350,000 -10.2% $288 / Sq Ft
03/04/2015 03/04/15 Price Changed $389,900 -2.5% $321 / Sq Ft
02/06/2015 02/06/15 For Sale $399,900 -- $329 / 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 $4,209 $431,667 $0 $0
2021 $4,876 $430,000 $129,000 $301,000
2020 $4,708 $415,000 $0 $0
2019 $4,537 $400,000 $0 $0
2018 $4,345 $385,000 $115,500 $269,500
2017 $4,158 $368,333 $0 $0
2016 $4,387 $351,667 $0 $0
2015 $4,387 $335,000 $0 $0
2014 $4,387 $335,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2032994

Bright MLS

APN: 13-03519141