NOT LISTED FOR SALE

8614 Manchester Rd Unit 5 Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $265,207

2 Beds
1.5 Baths
1,052 Sq Ft
1962 Built

Sale Details

Date Sold: July 19, 2023

Last sale price $250,000 $238 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,225 / mo

9 Days on Market

Highlights

  • Colonial Architecture
  • Brick Front
  • Forced Air Heating and Cooling System
  • Sligo Creek Elementary School Rated A

About This Home

As of July 2023

8614 Manchester Rd #5 is a charming and spacious 2 level condo located in the heart of Silver Spring, Maryland. This cozy condo features an open and airy living room with large windows that let in an abundance of natural light, creating a warm and inviting atmosphere. The well-appointed kitchen boasts modern appliances, ample counter space, and plenty of cabinets, providing an ideal space for cooking and entertaining. Both bedrooms are generously sized and offer ample closet space, providing a comfortable and relaxing space to unwind after a long day. The condo also features a tastefully designed bathroom with a shower/tub combination and a large vanity, providing a perfect space to refresh and rejuvenate. Other features of the condo include central air conditioning, in-unit laundry, and dedicated parking. Located just minutes from downtown Silver Spring, this condo offers easy access to shopping, dining, and entertainment. The community is well-maintained, quiet, and offers a serene park-like setting. With its excellent location, modern amenities, and comfortable living spaces, this is the perfect place to call home.

Last Agent to Sell the Property

Maribelle Dizon

(301) 658-6186 maribelle.dizon@redfin.com Redfin Corp Listed on: 03/03/2023

Redfin Corp

Last Buyer's Agent

Charles C Yates

(301) 593-4811 charles@dmvluxhomes.com EXIT Realty Enterprises License #SP40001232

EXIT Realty Enterprises

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1962

HOA Fees

  • $562 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Front

Interior Spaces

  • 1,052 Sq Ft Home
  • Property has 2 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Assigned parking located at #35
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303480486

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn maintenance, management, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Community
  • London Terrace Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,224

Year Built

Built in 1962

Lot Details

0 Sq Ft Lot

HOA Fees

$562 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-03-03
  • Year Built: 1962
  • Assigned Parking Space Numbers: 35
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1052
  • Living Area Sq Ft: 1052
  • Price Per Sq Ft: 235.74
  • Above Grade Finished Sq Ft: 1052
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • 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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 561.71
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R10
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 2224.00
  • Assessor Parcel Number: 161303480486
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Jul 7, 2023
Sold by
Taye Alem and Gnatiko Komi A
Bought by
Seller's Agent
Maribelle Dizon
Redfin Corp
Buyer's Agent
Charles C Yates
EXIT Realty Enterprises
List Price
$248,000
Sold Price
$250,000
Premium/Discount to List
$2,000
0.81%
Views
109
Current Estimated Value
$265,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,207
Avg. Annual Appreciation
1.87%
Original Mortgage
$7,500
Interest Rate
6.81%

Purchase Details

Closed on
Sep 15, 2005
Sold by
London Terrace Cooperative Housing
Bought by
Taye Alem
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring Park, MD

  • Tracy Trammell Real Estate Agent - Metro City Realty

    Tracy Trammell

    Metro City Realty

    (301) 684-6491

    79 Total Sales

    1 in Silver Spring Park

    $610,000 Price

    Tracy Trammell
     Section Image
  • Arina Voznesenskaya Real Estate Agent - Compass

    Arina Voznesenskaya

    Compass

    (571) 378-5055

    108 Total Sales

    1 in Silver Spring Park

    $1,425,000 Price

    Arina Voznesenskaya
     Section Image
  • Alleyah Miner Real Estate Agent - Samson Properties

    Alleyah Miner

    Responds Quickly

    Samson Properties

    (202) 929-4627

    71 Total Sales

    1 in Silver Spring Park

    $649,000 Price

    Alleyah Miner
     Section Image
  • Luis Solano Real Estate Agent - Compass

    Luis Solano

    Responds Quickly

    Compass

    (240) 883-5815

    91 Total Sales

    1 in Silver Spring Park

    $375,000 Price

    Luis Solano
     Section Image
  • Matthew Brown Real Estate Agent - Keller Williams Capital Properties

    Matthew Brown

    Responds Quickly

    Keller Williams Capital Properties

    (202) 517-2057

    58 Total Sales

    1 in Silver Spring Park

    $875,000 Price

    Matthew Brown
     Section Image
  • Bikle Metz Group Real Estate Agent - Keller Williams Realty Centre

    Bikle Metz Group

    Keller Williams Realty Centre

    (814) 747-5487

    172 Total Sales

    1 in Silver Spring Park

    $670,000 Price

    Bikle Metz Group
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$250,000 Expert Title
Taye Alem $187,696 --
Taye Alem $187,696 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $7,500
Open Hudson Ashley S $242,500
Closed Hudson Ashley S $242,500
Previous Owner Taye Alem $213,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $250,000 0.0% $238 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
03/12/2023 03/12/23 Off Market $250,000 -- --
03/03/2023 03/03/23 For Sale $248,000 -- $236 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,994 $225,000
2024 $2,556 $215,000 $64,500 $150,500
2023 $0 $205,000 $0 $0
2022 $1,572 $195,000 $0 $0
2021 $2,109 $185,000 $55,500 $129,500
2020 $1,996 $175,000 $0 $0
2019 $1,883 $165,000 $0 $0
2018 $1,776 $155,000 $46,500 $108,500
2017 $1,727 $150,000 $0 $0
2016 $2,238 $145,000 $0 $0
2015 $2,238 $140,000 $0 $0
2014 $2,238 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CC

    Buyer's Agent in 2023

    Charles C Yates

    EXIT Realty Enterprises

    1 in this area

    5 Total Sales

    Charles C Yates
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Map

Source: Bright MLS

MLS Number: MDMC2083822

Bright MLS

APN: 13-03480486

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8614 Manchester Rd Unit 5, Silver Spring, MD

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