NOT LISTED FOR SALE

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 410 Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $94,000 - $139,000

2 Beds
1 Bath
825 Sq Ft
784 Sq Ft Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $137,500 $167 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,199 / mo

75 Days on Market

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

Last Agent to Sell the Property

Yony Kifle

(866) 825-7169 va.broker@exprealty.net EXP Realty, LLC License #655732 Listed on: 05/25/2022

EXP Realty, LLC

Co-Listed By

Mr. Dag Alemayehu

(301) 755-5613 dag.yourdmvteam@gmail.com Samson Properties License #0225274849

Last Buyer's Agent

Angel Ribulotta

(301) 942-2560 guiyer@aol.com Aguilar & Associates, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

  • Entry on the 1st floor
  • 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
  • Heating System Uses Natural Gas
  • 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 Community
  • Pineway Towers Subdivision

Amenities

  • Community Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$933

Year Built

Built in 1971

Lot Details

784 Sq Ft Lot

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Stove, Microwave, Dishwasher
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 825
  • Living Area Sq Ft: 825
  • Price Per Sq Ft: 169.58
  • Above Grade Finished Sq Ft: 825
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Play Area
  • Spa: 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
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Main Entrance Lock, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center
  • HOA Condo Co-Op Fee Includes: Electricity, Sewer, Heat, Air Conditioning, Water, Gas
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 933.00
  • Assessor Parcel Number: 161301777025
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2005
Sold by
Bought by
Current Estimated Value
$115,875

Purchase Details

Closed on
Aug 1, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silver Spring Park, MD

  • Sean Fernando Real Estate Agent - KW Metro Center

    Sean Fernando

    KW Metro Center

    (240) 806-1113

    34 Total Sales

    1 in Silver Spring Park

    $171,000 Price

    Sean Fernando
     Section Image
  • Brittany Allison Real Estate Agent - Compass

    Brittany Allison

    Compass

    (240) 690-6284

    128 Total Sales

    1 in Silver Spring Park

    $675,000 Price

    Brittany Allison
     Section Image
  • Iremia Ruth Ocsa- Mamani Real Estate Agent - Samson Properties

    Iremia Ruth Ocsa- Mamani

    Samson Properties

    (301) 720-1361

    53 Total Sales

    1 in Silver Spring Park

    $750,000 Price

    Iremia Ruth Ocsa- Mamani
     Section Image
  • Barak Sky Real Estate Agent - Serhant

    Barak Sky

    Serhant

    (240) 363-9670

    818 Total Sales

    12 in Silver Spring Park

    $215K - $1.3M Price Range

    Barak Sky
     Section Image
  • Kelly Harris Real Estate Agent - Coldwell Banker Realty

    Kelly Harris

    Coldwell Banker Realty

    (443) 960-8240

    62 Total Sales

    1 in Silver Spring Park

    $125,000 Price

    Kelly Harris
     Section Image
  • Edgar Reyes Real Estate Agent - Compass

    Edgar Reyes

    Compass

    (301) 215-3901

    41 Total Sales

    1 in Silver Spring Park

    $230,000 Price

    Edgar Reyes
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 --
$36,100 --
$54,600 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $77,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,320 $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

  • Yony Kifle Real Estate Agent - EXP Realty, LLC

    Seller's Agent in 2022

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    6 in this area

    410 Total Sales

    Yony Kifle
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mr. Dag Alemayehu

    Samson Properties

    (202) 222-5704

    3 in this area

    66 Total Sales

    Mr. Dag Alemayehu
    Section Image

  • A

    Buyer's Agent in 2022

    Angel Ribulotta

    Aguilar & Associates, Inc.

    (301) 370-0487

    1 in this area

    51 Total Sales

    Angel Ribulotta
    Section Image
  • Solomon Laieke Real Estate Agent - Samson Properties

    Seller's Agent in 2020

    Solomon Laieke

    Samson Properties

    (301) 460-1433

    33 Total Sales

    Solomon Laieke
    Section Image
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About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2051054

Bright MLS

APN: 13-01777025

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 410, Silver Spring, MD

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