NOT LISTED FOR SALE

8700 Manchester Rd Unit 1 Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $139,000 - $180,000

1 Bed
1 Bath
654 Sq Ft
$211/mo HOA Fee

Last Sold July 23, 2013

Last sale price $87,000 $133 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,211/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Central Heating and Cooling System
  • Sligo Creek Elementary School Rated A
  • Galley Kitchen

About This Home

As of July 2013

Fabulous 1 bedroom, 1 bathroom condo within walking distance to beautiful Sligo Creek Park! Close to public transportation and an easy commute to Washington, DC and surrounding counties. This property is a must see!

Last Agent to Sell the Property

Maya Montgomery

Keller Williams Realty Listed on: 08/16/2012

Last Buyer's Agent

Rhonda Mortensen

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1962

HOA Fees

  • $211 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 654 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303480681

Community Details

Overview

  • Low-Rise Condominium
  • London Terrace Community
  • The community has rules related to parking rules

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,648

Year Built

Built in 1962

Lot Details

0

HOA Fees

$211 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1962
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 654
  • Living Area Sq Ft: 654
  • Price Per Sq Ft: 129.97
  • Above Grade Finished Sq Ft: 654
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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

Utilities

  • Refuse: 20.58
  • 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: 211.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Rules: Parking, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Year Assessed: 2012
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098101
  • Tax Annual Amount: 1648.50
  • Assessor Parcel Number: 161303480681
  • Tax Total Finished Sq Ft: 654
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 07/23/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2012
Closed on
Jul 23, 2013
Sold by
Martinez Metzy L
Bought by
Gebru Sara
Seller's Agent
Maya Montgomery
Keller Williams Realty
Buyer's Agent
Rhonda Mortensen
Compass
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%
Current Estimated Value
$158,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,615
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
Nov 23, 2005
Sold by
London Terrace Cooperative Housing
Bought by
Martinez Metzy L

Purchase Details

Closed on
Nov 15, 2005
Sold by
London Terrace Cooperative Housing
Bought by
Martinez Metzy L
Source: Public Records

Range of Values:

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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
Gebru Sara $87,000 Sage Title Group Llc
Martinez Metzy L $218,500 --
Martinez Metzy L $218,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Metzy L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2013 07/23/13 Sold $87,000 +2.4% $133 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $85,000 -- $130 / 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 $1,569 $130,000 $39,000 $91,000
2023 $1,565 $130,000 $39,000 $91,000
2022 $1,048 $130,000 $39,000 $91,000
2021 $804 $130,000 $39,000 $91,000
2020 $1,383 $120,000 $0 $0
2019 $1,270 $110,000 $0 $0
2018 $1,162 $100,000 $30,000 $70,000
2017 $1,185 $100,000 $0 $0
2016 $638 $100,000 $0 $0
2015 $638 $100,000 $0 $0
2014 $638 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Maya Montgomery

    Keller Williams Realty

  • Rhonda Mortensen

    Buyer's Agent in 2013

    Rhonda Mortensen

    Compass

    (301) 326-6401

    9 in this area

    101 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004122506

Bright MLS

APN: 13-03480681

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8700 Manchester Rd Unit 1, Silver Spring, MD

This home is located at 8700 Manchester Rd Unit 1, Silver Spring, MD 20901 since 16 August 2012 and is currently estimated at $154,998, approximately $237 per square foot. This property was built in 1962. 8700 Manchester Rd Unit 1 is a home located in Montgomery County with nearby schools including Sligo Creek Elementary School, Silver Spring International Middle School, and Northwood High School.

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