NOT LISTED FOR SALE

Estimated Value: $283,000 - $309,000

2 Beds
1.5 Baths
1,089 Sq Ft
$468/mo HOA Fee

Last Sold November 12, 2021

Last sale price $252,000 $231 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,273/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Sligo Creek Elementary School Rated A
  • Community Playground
  • Dogs and Cats Allowed

About This Home

As of November 2021

Spacious and well maintained duplex condo in London Terrace, located adjacent to Sligo Creek Park and Bike Trail. Open floor plan design, freshly painted throughout with updated kitchen appliances, granite countertops and an in-unit washer/dryer. Two bedrooms with large closets providing ample storage space. From the dining/living room area, enjoy a large patio, ideal for outdoor entertaining or intimate dining enjoyment. Parking space is included (additional parking available, yearly rental). Easy access to 495, 5-minute stroll to the coming Purple Line Metro at Manchester Place and just minutes to Downtown Silver Spring. Superb location! Parking! Spacious!

Last Agent to Sell the Property

Dennis Horner

RLAH @properties License #617893 Listed on: 10/09/2021

RLAH @properties

Co-Listed By

Buddee Clinton

RLAH @properties License #SP98372637

Last Buyer's Agent

Louis Fernheimer

Coldwell Banker Realty License #51695

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1962 | Remodeled in 2003

Lot Details

  • Property is in very good condition

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,089 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Assigned parking located at #60
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303480998

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • London Terrace Condos
  • London Terrace Community
  • London Terrace Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,102

Year Built

Built in 1962 | Remodeled in 2003

Lot Details

0

HOA Fees

$468 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: 2021-10-09
  • Federal Flood Zone: No
  • Year Built: 1962
  • Year Renovated: 2003
  • Assigned Parking Space Numbers: 60
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious and well maintained duplex condo in London Terrace, located adjacent to Sligo Creek Park and Bike Trail. Open floor plan design, freshly painted throughout with updated kitchen appliances, granite countertops and an in-unit washer/dryer. Two bedrooms with large closets providing ample storage space. From the dining/living room area, enjoy a large patio, ideal for outdoor entertaining or intimate dining enjoyment. Parking space is included (additional parking available, yearly rental). Easy access to 495, 5-minute stroll to the coming Purple Line Metro at Manchester Place and just minutes to Downtown Silver Spring. Superb location! Parking! Spacious!
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer
  • Entry Floor: 1
  • Flooring Type: Wood
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1089
  • Living Area Sq Ft: 1089
  • Price Per Sq Ft: 228.65
  • Above Grade Finished Sq Ft: 1089
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8712

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
  • 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: 467.60
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: London Terrace
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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: 129500.00
  • Land Assessed Value: 55500.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14098131
  • Tax Annual Amount: 2102.00
  • Assessor Parcel Number: 161303480998
  • Tax Total Finished Sq Ft: 1089
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 11/12/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 12, 2021
Sold by
Marron Jessica M
Bought by
Williams Alejandro K and Williams Teresa W
Seller's Agent
Dennis Horner
RLAH @properties
Buyer's Agent
Louis Fernheimer
Coldwell Banker Realty
List Price
$249,000
Sold Price
$252,000
Premium/Discount to List
$3,000
1.2%
Current Estimated Value
$285,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,622
Avg. Annual Appreciation
4.72%
Original Mortgage
$162,000
Outstanding Balance
$150,609
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$148,949

Purchase Details

Closed on
Jan 12, 2009
Sold by
Postal Michael
Bought by
Marron Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,069
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 2008
Sold by
Postal Michael
Bought by
Marron Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,069
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2008
Sold by
Quinteros Jose A
Bought by
Postal Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2007
Sold by
Quinteros Jose A
Bought by
Postal Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2005
Sold by
London Terrace Cooperative Housing
Bought by
Quinteros Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
London Terrace Cooperative Housing
Bought by
Quinteros Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.68%
Mortgage Type
New Conventional
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
Williams Alejandro K $252,000 National Capital T&E Llc
Marron Jessica M $239,500 --
Marron Jessica M $239,500 --
Postal Michael $210,000 --
Postal Michael $210,000 --
Quinteros Jose A $211,916 --
Quinteros Jose A $211,916 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Alejandro K $162,000
Previous Owner Marron Jessica M $197,077
Previous Owner Marron Jessica M $229,069
Previous Owner Marron Jessica M $229,069
Previous Owner Postal Michael $157,500
Previous Owner Postal Michael $157,500
Previous Owner Quinteros Jose A $123,000
Previous Owner Quinteros Jose A $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $252,000 +1.2% $231 / Sq Ft
10/09/2021 10/09/21 For Sale $249,000 -- $229 / 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 $2,893 $245,000 $73,500 $171,500
2023 $1,968 $225,000 $0 $0
2022 $1,635 $205,000 $0 $0
2021 $1,410 $185,000 $55,500 $129,500
2020 $2,595 $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 $1,599 $145,000 $0 $0
2015 $1,599 $140,000 $0 $0
2014 $1,599 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2000257

Bright MLS

APN: 13-03480998