NOT LISTED FOR SALE

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 1012 Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $147,625 - $159,000

3 Beds
2 Baths
1,442 Sq Ft
$1,225/mo HOA Fee

Last Sold January 23, 2024

Last sale price $135,000 $94 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,174/month

74 Days on Market

Highlights

  • Penthouse
  • 2 Car Attached Garage
  • Convector Heater
  • Montgomery Knolls Elementary School Rated A
  • Convector
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

As of January 2024

This charming 3-bedroom, 2-bathroom home offers a beautiful view and a central location, just 40 minutes from DC by public transportation. The open layout provides plenty of natural light and space for relaxing or entertaining. With public transit just a short walk away, it's perfect for commuters looking for a peaceful home with easy city access.

All utilities included!

Last Agent to Sell the Property

Sterlin Ramlal

(301) 661-1195 h.ramlal@yahoo.com Samson Properties Listed on: 10/26/2023

Samson Properties

Last Buyer's Agent

Sterlin Ramlal

(301) 661-1195 h.ramlal@yahoo.com Samson Properties Listed on: 10/26/2023

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1971

Lot Details

  • 1,133

HOA Fees

  • $1,225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • 1,442 Sq Ft Home
  • Penthouse
  • Entry on the 10th floor

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Convector
  • Convector Heater
  • Electric Water Heater

Additional Features

  • Laundry on main level
  • Accessible Elevator Installed

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301777754

Community Details

Overview

  • Association fees include air conditioning, all ground fee, electricity, common area maintenance, heat, lawn care front, parking fee, management, snow removal, trash, water
  • High-Rise Condominium
  • Property has 7 Levels

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,841

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-27
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 10
  • Fireplace: No
  • Levels Count: 7
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1442
  • Living Area Sq Ft: 1442
  • Price Per Sq Ft: 104.02
  • Above Grade Finished Sq Ft: 1442
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector
  • Heating Fuel: Electric
  • Heating Type: Convector
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1225.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Electricity, Common Area Maintenance, Heat, Lawn Care Front, Parking Fee, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: 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
  • Total Actual Rent: 30000.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 1841.00
  • Assessor Parcel Number: 161301777754
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 19, 2024
Sold by
Breadwinners Llc
Bought by
Chowdhury Tasbiha
Seller's Agent
Sterlin Ramlal
Samson Properties
Buyer's Agent
Sterlin Ramlal
Samson Properties
List Price
$159,999
Sold Price
$135,000
Premium/Discount to List
-$24,999
-15.62%
Views
608
Current Estimated Value
$151,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,156
Avg. Annual Appreciation
6.63%

Purchase Details

Listed on
May 30, 2022
Closed on
Feb 20, 2023
Sold by
Koldaro Avi and Koldaro Carmen
Bought by
Breadwinners Llc
Seller's Agent
Sterlin Ramlal
Samson Properties
Buyer's Agent
Sterlin Ramlal
Samson Properties
List Price
$179,000
Sold Price
$140,000
Premium/Discount to List
-$39,000
-21.79%
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.88%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Residential Value Llc
Bought by
Koldaro Avi and Koldaro Carmen

Purchase Details

Closed on
Apr 5, 2013
Sold by
Miles Gerard F
Bought by
Residential Value Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Samuels Brenda E
Bought by
Malcolm Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,050
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Dec 15, 2005
Sold by
Samuels Brenda E
Bought by
Malcolm Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,050
Interest Rate
6.39%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Chowdhury Tasbiha $135,000 Cardinal Title Group
Chowdhury Tasbiha $135,000 Cardinal Title Group
Breadwinners Llc $140,000 Cardinal Title Group
Breadwinners Llc $140,000 Cardinal Title Group
Koldaro Avi $25,000 None Available
Residential Value Llc $58,500 None Available
Malcolm Douglas J $235,000 --
Malcolm Douglas J $235,000 --
Malcolm Douglas J $235,000 --
Malcolm Douglas J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malcolm Douglas J $240,050
Previous Owner Malcolm Douglas J $240,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Off Market $2,550 -- --
10/05/2024 10/05/24 For Rent $2,550 0.0% --
01/23/2024 01/23/24 Sold $135,000 -10.0% $94 / Sq Ft
01/07/2024 01/07/24 Price Changed $149,999 +11.1% $104 / Sq Ft
12/26/2023 12/26/23 Price Changed $134,999 -10.0% $94 / Sq Ft
12/04/2023 12/04/23 Price Changed $149,999 +7.1% $104 / Sq Ft
11/27/2023 11/27/23 Price Changed $139,999 -15.2% $97 / Sq Ft
11/26/2023 11/26/23 Price Changed $165,000 +10.0% $114 / Sq Ft
10/30/2023 10/30/23 Price Changed $150,000 -6.2% $104 / Sq Ft
10/26/2023 10/26/23 For Sale $159,999 0.0% $111 / Sq Ft
10/26/2023 10/26/23 Price Changed $159,999 -5.9% $111 / Sq Ft
10/26/2023 10/26/23 Price Changed $169,999 +21.4% $118 / Sq Ft
02/21/2023 02/21/23 Sold $140,000 -15.2% $97 / Sq Ft View Prior Sale
09/24/2022 09/24/22 Price Changed $165,000 +10.0% $114 / Sq Ft
08/24/2022 08/24/22 Price Changed $150,000 +1.4% $104 / Sq Ft
08/22/2022 08/22/22 Price Changed $147,900 -7.0% $103 / Sq Ft
07/29/2022 07/29/22 Price Changed $159,000 -5.9% $110 / Sq Ft
07/09/2022 07/09/22 Price Changed $169,000 +12.7% $117 / Sq Ft
06/06/2022 06/06/22 Price Changed $150,000 -16.2% $104 / Sq Ft
05/30/2022 05/30/22 For Sale $179,000 -- $124 / 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 $1,901 $150,000 $45,000 $105,000
2024 $1,901 $160,000 $48,000 $112,000
2023 $1,841 $155,000 $0 $0
2022 $1,209 $150,000 $0 $0
2021 $1,650 $145,000 $43,500 $101,500
2020 $1,630 $143,333 $0 $0
2019 $1,610 $141,667 $0 $0
2018 $1,594 $140,000 $42,000 $98,000
2017 $1,501 $133,333 $0 $0
2016 $1,203 $126,667 $0 $0
2015 $1,203 $120,000 $0 $0
2014 $1,203 $120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sterlin Ramlal

    Seller's Agent in 2024

    Sterlin Ramlal

    Samson Properties

    (301) 661-1195

    4 in this area

    27 Total Sales

    Sterlin Ramlal
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About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2111466

Bright MLS

APN: 13-01777754

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 1012, Silver Spring, MD

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