$527,900
SOLD JUL 22, 2025
2 Beds
2 Baths
1,400 Sq Ft
$853/mo HOA Fee

Recently Sold

$377 Per Sq Ft

7% Below List Price

73 Days on Market

Highlights

  • Penthouse
  • Open Floorplan
  • Main Floor Bedroom
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of July 2025

PRICE IMPROVEMENT!

Stunning 2-Level Industrial-Style Loft in Downtown Silver Spring – WITH DEDICATED PARKING!

Welcome to this exceptional 2-level industrial-style loft condo, ideally located in the heart of Downtown Silver Spring. Nestled in Lofts 24, an exclusive boutique building with just 24 units, this home is a perfect blend of modern sophistication and urban convenience.

Step inside to an open and airy floor plan, where ultra-high ceilings and expansive windows flood the space with natural light, creating a bright and inviting atmosphere. The gourmet kitchen is a culinary dream, featuring a large center island, granite countertops, under-cabinet lighting, and stainless steel appliances—perfect for cooking and entertaining alike. The seamless flow into the spacious living and dining areas makes for effortless modern living.

This home offers two spacious bedrooms, two full bathrooms, and a versatile flex room, ideal for a home office or den. Thoughtful storage solutions include hidden storage under the stairs, maximizing space and functionality.

With a Walk Score of 99, commuting and daily errands are a breeze! Silver Spring Metro is just a short walk away, and you’ll find an abundance of restaurants, coffee shops, grocery stores (Whole Foods, MOMS Organic Market, and more), and entertainment options right outside your door.

Don’t miss this incredible opportunity to own a stylish and spacious loft in one of Silver Spring’s most desirable locations.

* See disclosures for HVAC and other upgrades.

Last Agent to Sell the Property

Courtney Cowan

(240) 535-9400 cjcowan@argentrealty.com Argent Realty LLC Listed on: 03/29/2025

Argent Realty LLC

Last Buyer's Agent

Ryan Boothe

(703) 309-4878 ryanboothe32@mikeaubrey.com Compass License #0225233277

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 2006

Lot Details

  • Property is in excellent condition

HOA Fees

  • $853 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Family Room Off Kitchen
  • Den

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Intercom
  • Monitored
  • Flood Lights

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Private Parking
  • Paved Parking
  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Balcony
  • Screened Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303528772

Community Details

Overview

  • Association fees include water, sewer, snow removal, insurance, exterior building maintenance, common area maintenance, management, trash, lawn maintenance, pest control, parking fee, reserve funds
  • Low-Rise Condominium
  • Downtown Silver Spring Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets

Amenities

  • 1 Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,633

Year Built

Built in 2006

Lot Details

0

HOA Fees

$853 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Level Entry - Main, 32"+ Wide Doors, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 3/29/2025 12:00:00 AM
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: PRICE IMPROVEMENT! Stunning 2-Level Industrial-Style Loft in Downtown Silver Spring – WITH DEDICATED PARKING! Welcome to this exceptional 2-level industrial-style loft condo, ideally located in the heart of Downtown Silver Spring. Nestled in Lofts 24, an exclusive boutique building with just 24 units, this home is a perfect blend of modern sophistication and urban convenience. Step inside to an open and airy floor plan, where ultra-high ceilings and expansive windows flood the space with natural light, creating a bright and inviting atmosphere. The gourmet kitchen is a culinary dream, featuring a large center island, granite countertops, under-cabinet lighting, and stainless steel appliances—perfect for cooking and entertaining alike. The seamless flow into the spacious living and dining areas makes for effortless modern living. This home offers two spacious bedrooms, two full bathrooms, and a versatile flex room, ideal for a home office or den. Thoughtful storage solutions include hidden storage under the stairs, maximizing space and functionality. With a Walk Score of 99, commuting and daily errands are a breeze! Silver Spring Metro is just a short walk away, and you’ll find an abundance of restaurants, coffee shops, grocery stores (Whole Foods, MOMS Organic Market, and more), and entertainment options right outside your door. Don’t miss this incredible opportunity to own a stylish and spacious loft in one of Silver Spring’s most desirable locations. * See disclosures for HVAC and other upgrades.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Washer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s)
  • Window Features: Energy Efficient
  • Fireplace: No
  • Elevators Count: 1
  • Levels Count: 2
  • Room List: Den
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 392.14
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8316

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Flood Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Paved Parking, Private
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 853.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Snow Removal, Insurance, Ext Bldg Maint, Common Area Maintenance, Management, Trash, Lawn Maintenance, Pest Control, Parking Fee, Reserve Funds
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony, Screened
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5633.00
  • Assessor Parcel Number: 161303528772
  • Tax Total Finished Sq Ft: 1094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/22/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2025
Closed on
Jul 22, 2025
Sold by
Smith Gina M
Bought by
Garties Joshua and Glottmann Sunny
Seller's Agent
Courtney Cowan
Argent Realty LLC
Buyer's Agent
Ryan Boothe
Compass
List Price
$565,000
Sold Price
$527,900
Premium/Discount to List
-$37,100
-6.57%
Views
2203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$424,000
Outstanding Balance
$423,281
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$110,688

Purchase Details

Closed on
Jan 30, 2020
Sold by
Weissman Gloria Ruth
Bought by
Smith Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,001
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Mab Llc
Bought by
Weissman Gloria Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 20, 2006
Sold by
Mab Llc
Bought by
Weissman Gloria Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $527,900 Fidelity National Title
Deed $527,900 Fidelity National Title
Deed $475,800 Village Settlements Inc
Deed $519,900 --
Deed $519,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $424,000 New Conventional
Closed $424,000 New Conventional
Previous Owner $400,001 New Conventional
Previous Owner $100,000 Stand Alone Second
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $527,900 -3.8% $377 / Sq Ft
05/07/2025 05/07/25 Price Changed $549,000 -2.8% $392 / Sq Ft
03/29/2025 03/29/25 For Sale $565,000 -- $404 / 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 $5,633 $485,000 -- --
2024 $5,633 $475,000 $142,500 $332,500
2023 $6,228 $466,667 $0 $0
2022 $4,521 $458,333 $0 $0
2021 $4,421 $450,000 $135,000 $315,000
2020 $4,365 $445,000 $0 $0
2019 $4,305 $440,000 $0 $0
2018 $4,910 $435,000 $130,500 $304,500
2017 $4,297 $428,333 $0 $0
2016 -- $421,667 $0 $0
2015 $4,351 $415,000 $0 $0
2014 $4,351 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2171860

Bright MLS

APN: 13-03528772