$425,000
SOLD JUL 2, 2012
2 Beds
2 Baths
1,350 Sq Ft
$503/mo HOA Fee

Recently Sold

$315 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Main Floor Bedroom
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of March 2023

Unique boutique loft project built in 2006 in heart of downtown Silver Spring with sophisticated urban vibe. Open floor plan with soaring 16'ceilings, 10'windows on 2 levels. These units do not come up for sale that often! Walk to everything:Metro,Whole Foods,AFI theater, new Filmore Concert Venue,restaurants and shopping galore. GREAT PLACE, GREAT PRICE!!! open 5/6 1-4

Last Agent to Sell the Property

Judith Kogod Colwell

Perennial Real Estate License #595376 Listed on: 05/03/2012

Last Buyer's Agent

Steve Galkin

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Window Treatments
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Water Conditioner is Owned

Listing and Financial Details

  • Assessor Parcel Number 161303528806

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, snow removal, trash
  • The Lofts Community
  • The Elms At Clarksburg Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,861

Year Built

Built in 2006

Lot Details

0

HOA Fees

$503 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Remarks Public: Unique boutique loft project built in 2006 in heart of downtown Silver Spring with sophisticated urban vibe. Open floor plan with soaring 16'ceilings, 10'windows on 2 levels. These units do not come up for sale that often! Walk to everything:Metro,Whole Foods,AFI theater, new Filmore Concert Venue,restaurants and shopping galore. GREAT PLACE, GREAT PRICE!!! open 5/6 1-4
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Water Conditioner - Owned
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1350
  • Living Area Sq Ft: 1350
  • Price Per Sq Ft: 325.19
  • Above Grade Finished Sq Ft: 1350
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8322

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.42
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 503.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 280000.00
  • Land Assessed Value: 120000.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: CBD1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14101108
  • Tax Annual Amount: 4860.79
  • Assessor Parcel Number: 161303528806
  • Tax Total Finished Sq Ft: 1094
  • Tax Year: 2010
  • Close Date: 07/02/2012

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
2.00%
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

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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 $495,000 Kvs Title
Deed $425,000 Mta Title & Escrow Llc
Deed $499,000 --
Deed $499,000 --
Deed $459,900 --
Deed $459,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $417,000 New Conventional
Previous Owner $348,000 No Value Available
Previous Owner $200,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $399,200 Purchase Money Mortgage
Previous Owner $399,200 Purchase Money Mortgage
Previous Owner $367,900 Purchase Money Mortgage
Previous Owner $367,900 Purchase Money Mortgage
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: 1003972876

Bright MLS

APN: 13-03528806