NOT LISTED FOR SALE

Estimated Value: $519,000 - $533,152

2 Beds
2 Baths
1,378 Sq Ft
$759/mo HOA Fee

Last Sold March 30, 2023

Last sale price $495,000 $359 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,125/month

33 Days on Market

Highlights

  • Brick Front
  • Sligo Creek Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2023

Welcome to 8322 Fenton St #A! This industrial style loft with a den at Lofts24 is a must see! This unit boasts 17-foot high ceilings and large windows, with window treatments, bringing in a plethora of natural light. The open floor plan allows for a welcoming flow between the living, dining and kitchen. The chef’s kitchen features a large breakfast bar, cherry wood cabinets, stainless steel appliances; the perfect space for entertaining. The tucked away den offers functional opportunities for a home office or a home gym. This home features 2 spacious bedrooms and 2 full baths, with one those full baths and bedrooms on the loft level. Lofts24 features 24 units in 3 towers with separate, secured entrances and elevators. Located right in the heart of Silver Spring, Lofts24 keeps you at walking distance from Silver Spring Metro, Safeway, Whole Foods, a Farmer’s Market every weekend, Regal Movie Theater, Silver Spring Library, The Fillmore, LA Fitness (plus many more boutique fitness studios), Downtown Silver Spring’s bustling restaurant scene and the upcoming Silver Spring Aquatic Center. Don’t miss this opportunity to call Lofts24 home!

Last Agent to Sell the Property

Lukas Iraola

Compass Listed on: 01/11/2023

Compass

Last Buyer's Agent

Dan Metcalf

Perennial Real Estate License #515828

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 2006

HOA Fees

  • $759 Monthly HOA Fees

Home Design

  • Brick Front

Interior Spaces

  • 1,378 Sq Ft Home
  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303528806

Community Details

Overview

  • Association fees include water, sewer
  • Low-Rise Condominium
  • Silver Spring Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,044

Year Built

Built in 2006

Lot Details

0

HOA Fees

$759 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-01-12
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 8322 Fenton St #A! This industrial style loft with a den at Lofts24 is a must see! This unit boasts 17-foot high ceilings and large windows, with window treatments, bringing in a plethora of natural light. The open floor plan allows for a welcoming flow between the living, dining and kitchen. The chef’s kitchen features a large breakfast bar, cherry wood cabinets, stainless steel appliances; the perfect space for entertaining. The tucked away den offers functional opportunities for a home office or a home gym. This home features 2 spacious bedrooms and 2 full baths, with one those full baths and bedrooms on the loft level. Lofts24 features 24 units in 3 towers with separate, secured entrances and elevators. Located right in the heart of Silver Spring, Lofts24 keeps you at walking distance from Silver Spring Metro, Safeway, Whole Foods, a Farmer’s Market every weekend, Regal Movie Theater, Silver Spring Library, The Fillmore, LA Fitness (plus many more boutique fitness studios), Downtown Silver Spring’s bustling restaurant scene and the upcoming Silver Spring Aquatic Center. Don’t miss this opportunity to call Lofts24 home!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1378
  • Living Area Sq Ft: 1378
  • Price Per Sq Ft: 362.12
  • Above Grade Finished Sq Ft: 1378
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8322

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 759.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 329000.00
  • Land Assessed Value: 141000.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: CBD1
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101108
  • Tax Annual Amount: 5044.00
  • Assessor Parcel Number: 161303528806
  • Tax Total Finished Sq Ft: 1094
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/30/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 28, 2023
Sold by
Yoon Edward Soon
Bought by
Bianchi Kristin
Seller's Agent
Lukas Iraola
Compass
Buyer's Agent
Dan Metcalf
Perennial Real Estate
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
114
Current Estimated Value
$525,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,288
Avg. Annual Appreciation
2.01%
Original Mortgage
$417,000
Outstanding Balance
$407,042
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$111,181

Purchase Details

Listed on
May 3, 2012
Closed on
Jul 3, 2012
Sold by
Oshaughnessy Daniel J and Oshaughnessy Judy J
Bought by
Broder Devin T and Bergman Ashley I
Seller's Agent
Judith Kogod Colwell
Perennial Real Estate
Buyer's Agent
Steve Galkin
Coldwell Banker Realty
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Edossa Solomon
Bought by
O'Shaughnessy Daniel J and O'Shaughnessy Judy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2006
Sold by
Edossa Solomon
Bought by
O'Shaughnessy Daniel J and O'Shaughnessy Judy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Mab Llc
Bought by
Edossa Solomon and Manyhalishao Hailgiorgis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Mab Llc
Bought by
Edossa Solomon and Manyhalishao Hailgiorgis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,900
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Bianchi Kristin $495,000 Kvs Title
Broder Devin T $425,000 Mta Title & Escrow Llc
O'Shaughnessy Daniel J $499,000 --
O'Shaughnessy Daniel J $499,000 --
Edossa Solomon $459,900 --
Edossa Solomon $459,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianchi Kristin $417,000
Previous Owner Yoon Edward Soon $348,000
Previous Owner Broder Devin T $200,000
Previous Owner Shaughnessy Daniel J O $380,000
Previous Owner O'Shaughnessy Daniel J $399,200
Previous Owner O'Shaughnessy Daniel J $399,200
Previous Owner Edossa Solomon $367,900
Previous Owner Edossa Solomon $367,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $495,000 -0.8% $359 / Sq Ft
01/11/2023 01/11/23 For Sale $499,000 0.0% $362 / Sq Ft
03/07/2016 03/07/16 Rented $2,395 -4.2% --
03/07/2016 03/07/16 Under Contract -- -- --
12/29/2015 12/29/15 For Rent $2,500 0.0% --
07/02/2012 07/02/12 Sold $425,000 -3.2% $315 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $439,000 -- $325 / 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 $5,574 $470,000 $141,000 $329,000
2023 $6,110 $456,667 $0 $0
2022 $3,573 $443,333 $0 $0
2021 $4,195 $430,000 $129,000 $301,000
2020 $4,139 $425,000 $0 $0
2019 $120 $420,000 $0 $0
2018 $4,724 $415,000 $124,500 $290,500
2017 $4,911 $415,000 $0 $0
2016 -- $415,000 $0 $0
2015 $5,043 $415,000 $0 $0
2014 $5,043 $410,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2078128

Bright MLS

APN: 13-03528806