NOT LISTED FOR SALE

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 308 Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $105,000 - $152,000

2 Beds
2 Baths
1,092 Sq Ft
$569/mo HOA Fee

Last Sold September 06, 2015

Last sale price $122,500 $112 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,369/month

Highlights

  • Elevator
  • Living Room
  • En-Suite Primary Bedroom
  • Montgomery Knolls Elementary School Rated A
  • Security Service
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

As of September 2015

Need cash buyer. Delinquency rate too high. As good as it looks, this unit has a newer kitchen, fresh paint, brand new carpet and updated baths! This home has plenty of space, including a large living room and dining room and curved balcony plus one dedicated parking spot. This home is close to Metro, 495 and D.C.

Last Agent to Sell the Property

Neal Greene

(703) 802-8200 neal@nealgreene.com AveryHess, REALTORS Listed on: 04/29/2015

Last Buyer's Agent

Erick Velasquez

(703) 622-0006 ericks2727@yahoo.com Samson Properties License #BR200201268

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1975

Lot Details

  • 958

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Montgomery Knolls Elementary School
  • Eastern Middle School
  • Montgomery Blair High School

Utilities

  • Central Air
  • Wall Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301776885

Community Details

Overview

  • Association fees include sewer, snow removal
  • High-Rise Condominium
  • Pineway Towers C Community
  • Pineway Towers Subdivision
  • The community has rules related to parking rules

Additional Features

  • Elevator
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,162

Year Built

Built in 1975

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Dining Area, Flat
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1092
  • Living Area Sq Ft: 1092
  • Price Per Sq Ft: 128.11
  • Above Grade Finished Sq Ft: 1092
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: 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: 20.27
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • 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: 569.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security
  • HOA Condo Co-Op Fee Includes: Sewer, Snow Removal
  • HOA Condo Co-Op Rules: Parking
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: MONTGOMERY KNOLLS
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: EASTERN

Lot Info

  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 30000.00
  • Property Attached Yn: Yes
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052364
  • Tax Annual Amount: 1162.46
  • Assessor Parcel Number: 161301776885
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2014
Sold by
Bonilla Daniel A and Hernandez Karen Y
Bought by
Federal Home Loan Mortgage Corporation
Current Estimated Value
$125,651

Purchase Details

Closed on
Oct 4, 2007
Sold by
Martinez Pedro O and Martinez M N
Bought by
Bonilla Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2007
Sold by
Martinez Pedro O and Martinez M N
Bought by
Bonilla Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Federal Home Loan Mortgage Corporation $78,625 None Available
Bonilla Daniel A $218,000 --
Bonilla Daniel A $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bonilla Daniel A $218,000
Previous Owner Bonilla Daniel A $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2015 09/06/15 Sold $122,500 0.0% $112 / Sq Ft
09/06/2015 09/06/15 Off Market $122,500 -- --
07/29/2015 07/29/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $139,900 0.0% $128 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/04/2015 06/04/15 Price Changed $139,900 -3.5% $128 / Sq Ft
05/30/2015 05/30/15 For Sale $144,900 0.0% $133 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $144,900 -- $133 / 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 $1,671 $141,667 -- --
2024 $1,671 $140,000 $42,000 $98,000
2023 $919 $135,000 $0 $0
2022 $1,048 $130,000 $0 $0
2021 $737 $125,000 $37,500 $87,500
2020 $699 $121,667 $0 $0
2019 $660 $118,333 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $560 $110,000 $0 $0
2016 -- $105,000 $0 $0
2015 $947 $100,000 $0 $0
2014 $947 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Neal Greene

    AveryHess, REALTORS

    Section Image
  • Erick Velasquez

    Buyer's Agent in 2015

    Erick Velasquez

    Samson Properties

    (703) 622-0006

    151 Total Sales

    Erick Velasquez
    Section Image
See All Agents

About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: 1002328677

Bright MLS

APN: 13-01776885

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 308, Silver Spring, MD

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