NOT LISTED FOR SALE

8706 Manchester Rd Unit 5 Silver Spring, MD 20901

Silver Spring Park Neighborhood

Estimated Value: $284,000 - $312,000

2 Beds
1.5 Baths
1,052 Sq Ft
$467/mo HOA Fee

Last Sold March 14, 2019

Last sale price $255,501 $243 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,354/month

4 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Balcony
  • Sligo Creek Elementary School Rated A
  • Wood Flooring
  • Living Room

About This Home

As of March 2019

Adjacent to Sligo Creek Park (miles of trails) and3/4 miles to downtown Silver Spring, this updated, open & charming top-floor, corner condo is a rare find. From the remodeled kitchen with breakfast bar and hardwood floors (on both levels!) to the updated bathrooms, large balcony and generous room sizes, this 2BR / 1.5 Bath home offers so much. Washer/dryer in-unit, great closet storage with added organizers, architecturally interesting stairway. Stainless appliances, granite. Fresh paint, updated light fixtures. Newer dishwasher & microwave. FHA Approved. Pet-friendly. CONDO FEE includes water, trash, snow removal, landscaping, exterior maintenance (building painting, repairs, balconies). Metro bus stop outside your door and future Purple Line station will be just a couple blocks away.

Last Agent to Sell the Property

Ann McClure

Corcoran McEnearney Listed on: 02/08/2019

Corcoran McEnearney

Last Buyer's Agent

Arturo Cruz

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1962

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,052 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • Parking Lot
  • Parking Space Conveys
  • 1 Assigned Parking Space

Schools

  • Sligo Creek Elementary School
  • Silver Spring Middle School
  • Northwood High School

Utilities

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

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303480885

Community Details

Overview

  • Association fees include water, snow removal, sewer, trash, management, lawn maintenance, common area maintenance, exterior building maintenance
  • Low-Rise Condominium
  • London Terrace / Majerle Mgmt Condos, Phone Number (301) 220-1850
  • London Terrace C Community
  • London Terrace Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

Built in 1962

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-02-08
  • Year Built: 1962
  • Remarks Public: Adjacent to Sligo Creek Park (miles of trails) and3/4 miles to downtown Silver Spring, this updated, open & charming top-floor, corner condo is a rare find. From the remodeled kitchen with breakfast bar and hardwood floors (on both levels!) to the updated bathrooms, large balcony and generous room sizes, this 2BR / 1.5 Bath home offers so much. Washer/dryer in-unit, great closet storage with added organizers, architecturally interesting stairway. Stainless appliances, granite. Fresh paint, updated light fixtures. Newer dishwasher & microwave. FHA Approved. Pet-friendly. CONDO FEE includes water, trash, snow removal, landscaping, exterior maintenance (building painting, repairs, balconies). Metro bus stop outside your door and future Purple Line station will be just a couple blocks away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Window Treatments, Wood Floors
  • Window Features: Screens
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 1052
  • Living Area Sq Ft: 1052
  • Price Per Sq Ft: 237.64
  • Above Grade Finished Sq Ft: 1052
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8706

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
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 467.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: London Terrace / Majerle Mgmt
  • Condo Co-Op Phone: (301)220-1850
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Water, Snow Removal, Sewer, Trash, Management, Lawn Maintenance, Common Area Maintenance, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SLIGO CREEK
  • Middle School: SILVER SPRING
  • High School: NORTHWOOD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: SLIGO CREEK
  • High School: NORTHWOOD
  • Middle Or Junior School: SILVER SPRING

Lot Info

  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 46500.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098120
  • Tax Annual Amount: 1876.00
  • Assessor Parcel Number: 161303480885
  • Tax Total Finished Sq Ft: 1052
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 03/14/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Mar 14, 2019
Sold by
Blair Elizabeth A
Bought by
Perez Lizbeth Z
Seller's Agent
Ann McClure
Corcoran McEnearney
Buyer's Agent
Arturo Cruz
Compass
List Price
$250,000
Sold Price
$255,501
Premium/Discount to List
$5,501
2.2%
Current Estimated Value
$300,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,785
Avg. Annual Appreciation
2.76%
Original Mortgage
$242,725
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Perez Lizbeth Z $255,501 Hutton Patt T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Lizbeth Z $225,509
Closed Perez Lizbeth Z $242,725
Previous Owner Blair Elizabeth A $219,474
Previous Owner Blair Elizabeth A $224,460
Previous Owner Blair Elizabeth A $235,161
Previous Owner Tenacity London Terrace Llc $90,506
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2019 03/14/19 Sold $255,501 +2.2% $243 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $250,000 -- $238 / 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 $3,008 $265,000 -- --
2024 $3,008 $255,000 $76,500 $178,500
2023 $1,955 $231,667 $0 $0
2022 $1,618 $208,333 $0 $0
2021 $1,410 $185,000 $55,500 $129,500
2020 $1,298 $175,000 $0 $0
2019 $1,185 $165,000 $0 $0
2018 $1,078 $155,000 $46,500 $108,500
2017 $1,030 $150,000 $0 $0
2016 -- $145,000 $0 $0
2015 $1,546 $140,000 $0 $0
2014 $1,546 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann McClure

    Seller's Agent in 2019

    Ann McClure

    McEnearney Associates

    (301) 367-5098

    2 in this area

    187 Total Sales

    Ann McClure
    Section Image
  • Arturo Cruz

    Buyer's Agent in 2019

    Arturo Cruz

    Compass

    (703) 474-1134

    1 in this area

    159 Total Sales

    Arturo Cruz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC560152

Bright MLS

APN: 13-03480885

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8706 Manchester Rd Unit 5, Silver Spring, MD

This home is located at 8706 Manchester Rd Unit 5, Silver Spring, MD 20901 since 08 February 2019 and is currently estimated at $300,286, approximately $285 per square foot. This property was built in 1962. 8706 Manchester Rd Unit 5 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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