Seller's Agent in 2022
Yony Kifle
EXP Realty, LLC
(703) 405-5182
6 in this area
499 Total Sales
Pineway Towers Condominiums 8830 Piney Branch Rd Unit 410 Silver Spring, MD 20903
Silver Spring Park NeighborhoodEstimated Value: $108,000 - $151,000
2
Beds
1
Bath
825
Sq Ft
$450/mo
HOA Fee
Highlights
- Community Center
- Balcony
- Resident Manager or Management On Site
- Montgomery Knolls Elementary School Rated A
- Intercom
- 4-minute walk to New Hampshire Estates Neighborhood Park
About This Home
As of August 2022=Buyer Financing Fell Through **CASH ONLY=
LOCATION LOCATION LOCATION and ALL UTILITIES included with this condo and just across the street from the new Piney Branch Purple Line stop.
This sun-filled condo is a rare 2-bedroom 1-bathroom unit with hardwood floors throughout. This two-
bedroom condo generates excellent cash flow and has plenty of parking. The oversized balcony is
excellent for entertaining guests, getting work done, or simply relaxing. This building is a transportation
oasis and close to DC, Downtown Silver Spring, shopping, metro bus, and schools. This is a great
investment property or a nice starter home.
Buyer Financing Fell Through **CASH ONLY
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $933
Year Built
- Built in 1971
Lot Details
- 784
HOA Fees
- $450 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 825 Sq Ft Home
- Property has 1 Level
- Intercom
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Parking Lot
- 1 Assigned Parking Space
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Playground
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 161301777025
Community Details
Overview
- Association fees include electricity, sewer, heat, air conditioning, water, gas
- High-Rise Condominium
- Pineway Towers Subdivision
Amenities
- Community Center
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2005
Sold by
Jones Penny
Bought by
Bezabeh Ayalew
Current Estimated Value
Purchase Details
Closed on
Apr 29, 2005
Sold by
Jones Penny
Bought by
Bezabeh Ayalew
Purchase Details
Closed on
Aug 1, 1997
Sold by
Sec Of Housing & Urb Dev
Bought by
Jones Penny
Purchase Details
Closed on
Jan 15, 1997
Sold by
Ryan S Anita
Bought by
Sec Of Housing & Urb Dev
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 |
|---|---|---|---|
| Bezabeh Ayalew | $140,000 | -- | |
| Bezabeh Ayalew | $140,000 | -- | |
| Jones Penny | $36,100 | -- | |
| Sec Of Housing & Urb Dev | $54,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bezabeh Ayalew | $77,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2022 08/31/22 | Sold | $137,500 | -1.7% | $167 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 07/07/2022 07/07/22 | For Sale | $139,900 | +1.7% | $170 / Sq Ft |
| 06/05/2022 06/05/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | Off Market | $137,500 | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $139,900 | 0.0% | $170 / Sq Ft |
| 04/17/2020 04/17/20 | Rented | $1,400 | -3.4% | -- |
| 03/21/2020 03/21/20 | For Rent | $1,450 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $1,210 | $108,333 | -- | -- |
| 2024 | $1,210 | $100,000 | $30,000 | $70,000 |
| 2023 | $1,131 | $93,333 | $0 | $0 |
| 2022 | $699 | $86,667 | $0 | $0 |
| 2021 | $483 | $80,000 | $24,000 | $56,000 |
| 2020 | $931 | $80,000 | $24,000 | $56,000 |
| 2019 | $930 | $80,000 | $24,000 | $56,000 |
| 2018 | $931 | $80,000 | $24,000 | $56,000 |
| 2017 | $273 | $80,000 | $0 | $0 |
| 2016 | -- | $80,000 | $0 | $0 |
| 2015 | $754 | $90,000 | $0 | $0 |
| 2014 | $754 | $90,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller Co-Listing Agent in 2022
Mr. Dag Alemayehu
Samson Properties
(202) 222-5704
1 in this area
37 Total Sales
-
A
Buyer's Agent in 2022
Angel Ribulotta
Aguilar & Associates, Inc.
(301) 370-0487
2 in this area
67 Total Sales
-
Seller's Agent in 2020
Solomon Laieke
Samson Properties
(301) 460-1433
31 Total Sales
About Pineway Towers Condominiums
Map
Source: Bright MLS
MLS Number: MDMC2051054
APN: 13-01777025
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