NOT LISTED FOR SALE

Estimated Value: $467,000 - $491,000

2 Beds
2 Baths
1,214 Sq Ft
$528/mo HOA Fee

Last Sold November 30, 2020

Last sale price $451,000 $371 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,468/month

7 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Contemporary Architecture
  • Hayes Elementary School Rated 9+
  • Panoramic View
  • Meeting Room

About This Home

As of November 2020

OFFERS DUE 10/29 at 12 Noon for this rarely available PENTHOUSE condo with 2 DEEDED GARAGE PARKING SPACES conveniently located blocks from the Silver Spring Metro Station and MARC Commuter Rail Station. Freshly painted, and MOVE-In READY home features an Open Floor Plan with floor-to-ceiling windows and 18-foot outdoor balcony. Beautiful kitchen equipped with gas range/built-in microwave, granite countertops, NEW refrigerator, NEW KitchenAid dishwasher, and NEW faucet. Owner's Bedroom with walk-in closet, en suite bathroom with double vanities and glass/tile shower. NEW Washer and Dryer, NEW furnace, NEW air-conditioning system, NEW water heater, and NEW water turn-off valve. Building features include a gym, secured entrance, and parking garage, Acorn Park, grocery store, coffee shops, fresh bagels, and restaurants alllocated within blocks. Pack your bags--this one won't last!

Last Agent to Sell the Property

Martine Micozzi

(703) 944-9254 martine4homes@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #0225213507 Listed on: 10/23/2020

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Gregory Morris

(443) 956-4171 gmorris@cummingsrealtors.com Cummings & Co. Realtors

Cummings & Co. Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

  • $528 Monthly HOA Fees

Parking

  • Assigned parking located at #71 and 84
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Front

Interior Spaces

  • 1,214 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Sliding Windows
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Panoramic Views
  • Intercom

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • No Septic System
  • Cable TV Available

Additional Features

  • Property is in excellent condition
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303519254

Community Details

Overview

  • Association fees include common area maintenance, snow removal, trash, water, sewer, health club, fiber optics available
  • Mid-Rise Condominium
  • 8045 At Silver Spring Metro Community
  • 8045 At Silver Spring Metro Subdivision
  • Property Manager

Amenities

  • Meeting Room
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,592

Year Built

Built in 2005

Lot Details

0

HOA Fees

$528 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Assigned Parking Space Numbers: 71 and 84
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Built-In Microwave, Dishwasher, Disposal, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Window Features: Double Pane, Sliding
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1214
  • Living Area Sq Ft: 1214
  • Price Per Sq Ft: 368.62
  • 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 Front
  • Spa: No
  • View: Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Secure Parking
  • Garage Features: Covered Parking, Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: No Septic System, Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Community
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 528.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Meeting Room, Party Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Snow Removal, Trash, Water, Sewer, Health Club, Fiber Optics Available
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 273000.00
  • Land Assessed Value: 117000.00
  • Property Condition: Excellent
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14100808
  • Tax Annual Amount: 4592.00
  • Assessor Parcel Number: 161303519254
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 30, 2020
Sold by
Loyo Lisa and Wishnuff Aaron C
Bought by
Brown Michael and Engstrom Brown Joanna
Seller's Agent
Martine Micozzi
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Gregory Morris
Cummings & Co. Realtors
List Price
$447,500
Sold Price
$451,000
Premium/Discount to List
$3,500
0.78%
Current Estimated Value
$475,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,916
Avg. Annual Appreciation
1.08%
Original Mortgage
$427,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jul 19, 2017
Sold by
Pillai Dinesh K and Dham Niti
Bought by
Loyo Lisa and Wishnuff Aaron C
Seller's Agent
Kamal Singh
Keller Williams Realty Dulles
Buyer's Agent
Martine Micozzi
Berkshire Hathaway HomeServices PenFed Realty
List Price
$425,000
Sold Price
$427,500
Premium/Discount to List
$2,500
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$342,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2006
Sold by
Lowit Philip
Bought by
Dham Pillai Dinesh K and Dham Niti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Lowit Philip
Bought by
Dham Pillai Dinesh K and Dham Niti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
8045 Newell St Llc
Bought by
Lowit Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,680
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 17, 2006
Sold by
8045 Newell St Llc
Bought by
Lowit Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,680
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
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
Brown Michael $451,000 C&C Title
Loyo Lisa $427,500 None Available
Dham Pillai Dinesh K $427,500 --
Dham Pillai Dinesh K $427,500 --
Dham Pillai Dinesh K $427,500 --
Dham Pillai Dinesh K $427,500 --
Lowit Philip $338,400 --
Lowit Philip $338,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Michael $427,500
Previous Owner Loyo Lisa $342,000
Previous Owner Dham Pillai Dinesh K $342,000
Previous Owner Dham Pillai Dinesh K $342,000
Previous Owner Lowit Philip $67,680
Previous Owner Lowit Philip $270,720
Previous Owner Lowit Philip $270,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $451,000 +0.8% $371 / Sq Ft
10/23/2020 10/23/20 For Sale $447,500 +4.7% $369 / Sq Ft
07/19/2017 07/19/17 Sold $427,500 +0.6% $352 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $425,000 -0.6% $350 / Sq Ft
06/07/2017 06/07/17 Off Market $427,500 -- --
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 $5,210 $448,333 -- --
2024 $5,210 $440,000 $132,000 $308,000
2023 $4,498 $438,333 $0 $0
2022 $4,265 $436,667 $0 $0
2021 $8,481 $435,000 $130,500 $304,500
2020 $8,145 $420,000 $0 $0
2019 $4,593 $405,000 $0 $0
2018 $4,402 $390,000 $117,000 $273,000
2017 $4,217 $373,333 $0 $0
2016 $3,745 $356,667 $0 $0
2015 $3,745 $340,000 $0 $0
2014 $3,745 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC729814

Bright MLS

APN: 13-03519254