Seller's Agent in 2023
Ana Mendez Law
Coldwell Banker Realty
(240) 418-0834
1 in this area
39 Total Sales
Pineway Towers Condominiums 8830 Piney Branch Rd Unit 1111 Silver Spring, MD 20903
Silver Spring Park NeighborhoodEstimated Value: $155,000 - $185,000
3
Beds
2
Baths
1,452
Sq Ft
$1,267/mo
HOA Fee
Highlights
- Panoramic View
- Meeting Room
- Stainless Steel Appliances
- Montgomery Knolls Elementary School Rated A
- 2 Elevators
- 4-minute walk to New Hampshire Estates Neighborhood Park
About This Home
As of February 2023LOCATION, LOCATION, LOCATION!!! Spacious, Bright and Beautifully maintained move-in ready 3 bedrooms, 2 full bathrooms condo in Pineway Towers Community. Located in the heart of Silver Spring on the 11th floor with amazing views, minutes to the metro, public transportation, major commuting routes, downtown Silver Spring, entertainment, shopping, restaurants, recreation, and so much more. This sun-filled home is a rare and perfect find for a starter home or could be a great addition to your rental portfolio. This condo features new convectors and thermostats, fresh paint, tile kitchen flooring, gas stove, stainless steel appliances, a balcony with breathtaking views and perfect to watch the fireworks on the 4th of July without having to leave your home, great for entertaining or just relaxing, tile dining area, large tile living room, all new closet doors and frames, new bedroom doors and frames, spacious primary bedroom with a walk-in closet and full bathroom, and two additional spacious rooms filled with lovely views, lots of natural light from large windows, a 2nd full bathroom right of the hall, covered garage parking space (A55), extra storage (Unit #17) deeded to unit, 2 parking passes, and plenty of visitor parking, laundry facility is in the building. Condo Fees $1267.33 monthly and one-time Lump Sum Payment $1,418.98/Short term Special Assessment to be paid off by Seller at settlement. Condo fee includes all utilities, amenities, a social room, gas, water, sewer, and electricity. The condo association is in the process of pursuing various renovations and upgrades that should benefit the owners and with all the new development and upgrades taking place in the area you can look forward to future equity growth. The Purple Line Metro stop is currently under-construction is being built at your front door and will consist of light rail cars running between Bethesda and New Carrollton intended to link the Washington, D.C., suburbs of Bethesda, Silver Spring, College Park, and New Carrollton which has a projected date to open in October 2026. This Condo awaits its new owner! This unit will be SOLD AS-IS.
Last Agent to Sell the Property
Coldwell Banker Realty License #651154 Listed on: 07/26/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,708
Year Built
- Built in 1971
Lot Details
- Property is in very good condition
HOA Fees
- $1,267 Monthly HOA Fees
Parking
- Handicap Parking
- Assigned Parking Garage Space
- Garage Door Opener
- Parking Lot
Property Views
- Panoramic
- Scenic Vista
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,452 Sq Ft Home
- Property has 1 Level
- Dining Area
- Laundry on main level
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Accessible Home Design
- Accessible Elevator Installed
- Level Entry For Accessibility
- Ramp on the main level
Utilities
- Convector
- Convector Heater
- Natural Gas Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 161301777867
Community Details
Overview
- Association fees include electricity, gas, heat, parking fee, sewer, snow removal, trash, water, air conditioning, all ground fee, management, custodial services maintenance, exterior building maintenance, lawn maintenance
- 141 Units
- High-Rise Condominium
- Rgn Management Llc Condos, Phone Number (301) 583-7755
- Pineway Towers Subdivision
- Property Manager
Amenities
- Common Area
- Meeting Room
- Laundry Facilities
- 2 Elevators
- Community Storage Space
Pet Policy
- Pet Size Limit
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2022
Closed on
Feb 10, 2023
Sold by
Monroe Denise D
Bought by
Aquino Legarda Gregg Berne
Seller's Agent
Ana Mendez Law
Coldwell Banker Realty
Buyer's Agent
Omar Vidal
Long & Foster Real Estate, Inc.
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,646
Avg. Annual Appreciation
-1.31%
Original Mortgage
$170,000
Outstanding Balance
$165,706
Interest Rate
6.48%
Mortgage Type
VA
Estimated Equity
-$1,187
Purchase Details
Closed on
Jul 26, 2001
Sold by
Moon Doris P Tr
Bought by
Monroe Denise D
Purchase Details
Closed on
Mar 9, 2000
Sold by
Moon Alfred E and Moon P D
Bought by
Moon Doris P Tr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aquino Legarda Gregg Berne | $170,000 | Title Forward | |
| Monroe Denise D | $70,000 | -- | |
| Moon Doris P Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aquino Legarda Gregg Berne | $170,000 | |
| Previous Owner | Monroe Denise Darnell | $128,344 | |
| Previous Owner | Monroe Denise D | $130,240 | |
| Previous Owner | Monroe Denise D | $101,800 | |
| Previous Owner | Monroe Denise D | $11,663 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2023 02/13/23 | Sold | $170,000 | -5.5% | $117 / Sq Ft |
| 01/12/2023 01/12/23 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $179,900 | -- | $124 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,901 | $160,000 | $48,000 | $112,000 |
| 2023 | $2,533 | $155,000 | $0 | $0 |
| 2022 | $1,209 | $150,000 | $0 | $0 |
| 2021 | $958 | $145,000 | $43,500 | $101,500 |
| 2020 | $938 | $143,333 | $0 | $0 |
| 2019 | $918 | $141,667 | $0 | $0 |
| 2018 | $902 | $140,000 | $42,000 | $98,000 |
| 2017 | $809 | $133,333 | $0 | $0 |
| 2016 | -- | $126,667 | $0 | $0 |
| 2015 | $881 | $120,000 | $0 | $0 |
| 2014 | $881 | $120,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Omar Vidal
Long & Foster
(301) 213-4070
1 in this area
70 Total Sales
About Pineway Towers Condominiums
Map
Source: Bright MLS
MLS Number: MDMC2062796
APN: 13-01777867
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