NOT LISTED FOR SALE

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 5 Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $135,000 - $231,000

3 Beds
2 Baths
1,277 Sq Ft
$1,115/mo HOA Fee

Last Sold June 27, 2022

Last sale price $202,500 $159 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,235/month

Highlights

  • Contemporary Architecture
  • 1 Car Direct Access Garage
  • Security Service
  • Montgomery Knolls Elementary School Rated A
  • Intercom
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

As of June 2022

Generous 3 Bedroom 2 full bath condo in the heart of Silver Spring. New carpet, spacious primary bedroom with updated en suite bath. Secondary bedroom across from updated bath. 3rd bedroom on opposite side of unit, with large closet and shelving nook. All rooms are sunny and bright. The condo fee includes all utilities and amenities, a social room, and additional storage available as well as garage parking! Visitor parking is plentiful and in front of the building. Within the beltway and close to all that IS Silver Spring. Public transportation, shopping, dining, entertainment, movies

Last Agent to Sell the Property

Leisa Hart

(301) 927-0975 leisa@dreamstohart.com Long & Foster Real Estate, Inc. Listed on: 05/18/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marie Morfaw

(410) 908-3950 mmylove001@gmail.com NLM Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1971

Lot Details

  • 1,045

HOA Fees

  • $1,115 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • Property has 1 Level
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Intercom
  • Exterior Cameras
  • Monitored

Utilities

  • Convector
  • Convector Heater

Additional Features

  • Accessible Elevator Installed
  • Playground

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301777093

Community Details

Overview

  • Association fees include air conditioning, all ground fee, appliance maintenance, electricity, exterior building maintenance, gas, heat, insurance, laundry, lawn care front, management, parking fee, reserve funds, snow removal, trash, water
  • Mid-Rise Condominium
  • Pineway Towers Condos, Phone Number (301) 439-8881
  • Pineway Towers C Community
  • Pineway Towers Subdivision

Amenities

  • Common Area
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,540

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,115 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-20
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Main Floor
  • Total Sq Ft: 2554
  • Living Area Sq Ft: 1277
  • Price Per Sq Ft: 155.83
  • Above Grade Finished Sq Ft: 1277
  • Above Grade Unfinished Sq Ft: 1277
  • 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
  • Exterior Features: Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector
  • Heating Type: Convector
  • Heating: Yes
  • Security: Exterior Cameras, Main Entrance Lock, Monitored, Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1115.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Pineway Towers
  • Condo Co-Op Phone: 301-439-8881
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Security, Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Appliance Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Laundry, Lawn Care Front, Management, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052385
  • Tax Annual Amount: 1540.00
  • Assessor Parcel Number: 161301777093
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jun 30, 2022
Sold by
Ana Gomez
Bought by
Nixon Darrel David and Munoz Wendy
Seller's Agent
Leisa Hart
Long & Foster Real Estate, Inc.
Buyer's Agent
Marie Morfaw
NLM Realtors
List Price
$199,000
Sold Price
$202,500
Premium/Discount to List
$3,500
1.76%
Current Estimated Value
$184,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,963
Avg. Annual Appreciation
-2.74%
Original Mortgage
$192,891
Outstanding Balance
$183,246
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,291

Purchase Details

Closed on
Nov 4, 2005
Sold by
Vanterpool S S and Vanterpool Ra B
Bought by
Melara Alba

Purchase Details

Closed on
Oct 28, 2005
Sold by
Vanterpool S S and Vanterpool Ra B
Bought by
Melara Alba
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
Nixon Darrel David $202,500 Westcor Land Title
Melara Alba $220,000 --
Melara Alba $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nixon Darrel David $192,891
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $202,500 +1.8% $159 / Sq Ft
05/18/2022 05/18/22 For Sale $199,000 -- $156 / 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 $1,786 $164,333 -- --
2024 $1,786 $150,000 $45,000 $105,000
2023 $1,726 $145,000 $0 $0
2022 $1,598 $140,000 $0 $0
2021 $1,540 $135,000 $40,500 $94,500
2020 $1,520 $133,333 $0 $0
2019 $1,499 $131,667 $0 $0
2018 $1,483 $130,000 $39,000 $91,000
2017 $1,386 $123,333 $0 $0
2016 -- $116,667 $0 $0
2015 $1,853 $110,000 $0 $0
2014 $1,853 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leisa Hart

    Seller's Agent in 2022

    Leisa Hart

    Long & Foster

    (301) 927-0975

    3 in this area

    50 Total Sales

    Leisa Hart
    Section Image

  • M

    Buyer's Agent in 2022

    Marie Morfaw

    NLM Realtors

    (410) 908-3950

    1 in this area

    31 Total Sales

    Marie Morfaw
    Section Image
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About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2051948

Bright MLS

APN: 13-01777093

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 5, Silver Spring, MD

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