$127,000 - $173,000
RENTED OCT 1, 2024

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 507 Silver Spring, MD 20903

Silver Spring Park Neighborhood
3 Beds
2 Baths
1,290 Sq Ft
1,045 Sq Ft Lot

Last Sold September 13, 2024

Last sale price $155,000 $120 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $971/month

Highlights

  • No HOA
  • 1 Assigned Subterranean Space
  • 1 Car Garage
  • Montgomery Knolls Elementary School Rated A
  • Central Heating and Cooling System
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

As of October 2024

Welcome to your new home in the vibrant Clifton Park Village. This beautiful condominium, nestled in a prime location withing close proximity to Washington D.C, Northern Virginia, and Downtown Silver Spring.
Living here you'll have the advantage of a dedicated parking spot, central air and an on-site laundry facility. Rent includes all utilities!

Last Agent to Rent the Property

Nicholas AndersonMcintosh

Hyatt & Company Real Estate, LLC Listed on: 09/23/2024

Last Renter's Agent

Carol Strasfeld

Unrepresented Buyer Office

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1971

Lot Details

  • 1,045

Parking

  • 1 Assigned Subterranean Space
  • Assigned parking located at #A31
  • Side Facing Garage
  • Parking Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,290 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Requires 1 Month of Rent Paid Up Front
  • Tenant pays for cable TV, hoa/condo/coop fee increase, minor interior maintenance
  • Rent includes electricity, gas, heat, hoa/condo fee, HVAC maint, parking, water, air conditioning, common area maintenance
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 10/1/24
  • $50 Application Fee
  • Assessor Parcel Number 161301777116

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Pineway Towers Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,786

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-10-01
  • Application Fee: 50.00
  • Months Rent Up Front: 1.0
  • Pets Allowed: No
  • Rent Includes: Electricity, Gas, Heat, Hoa/Condo Fee, Hvac Maint, Parking, Water, Air Conditioning, Common Area Maintenance
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Hoa/Condo/Coop Fee Increase, Minor Interior Maintenance
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/FXyKeuQ
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/23/2024 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1971
  • Assigned Parking Space Numbers: A31
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to your new home in the vibrant Clifton Park Village. This beautiful condominium, nestled in a prime location withing close proximity to Washington D.C, Northern Virginia, and Downtown Silver Spring. Living here you'll have the advantage of a dedicated parking spot, central air and an on-site laundry facility. Rent includes all utilities!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1290
  • Living Area Sq Ft: 1290
  • Price Per Sq Ft: 2.02
  • Above Grade Finished Sq Ft: 1290
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8830

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
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Garage - Side Entry, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Zoning: R10

Tax Info

  • Assessor Parcel Number: 161301777116
  • Tax Total Finished Sq Ft: 1290
  • Close Date: 10/01/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Sep 12, 2024
Sold by
Ws 1902 Llc
Bought by
Taffa Weynshet and Balcha Jarra
Seller's Agent
Nicholas AndersonMcintosh
Hyatt & Company Real Estate, LLC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
Sold Price
$2,600
Views
30
Current Estimated Value
$148,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,191
Avg. Annual Appreciation
-3.68%

Purchase Details

Closed on
Apr 13, 2023
Sold by
Kagle Sigrid S
Bought by
Ws1902 Llc
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
Taffa Weynshet $155,000 Results Title
Ws1902 Llc $95,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $2,600 0.0% --
09/26/2024 09/26/24 Under Contract -- -- --
09/23/2024 09/23/24 For Rent $2,600 0.0% --
09/13/2024 09/13/24 Sold $155,000 -11.4% $120 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $175,000 0.0% $136 / Sq Ft
05/11/2024 05/11/24 For Sale $175,000 -6.4% $136 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $187,000 -4.1% $145 / Sq Ft
02/15/2024 02/15/24 For Sale $195,000 0.0% $151 / Sq Ft
02/14/2024 02/14/24 Price Changed $195,000 -- $151 / 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
2024 $1,786 $150,000 $45,000 $105,000
2023 $1,726 $145,000 $0 $0
2022 $1,128 $140,000 $0 $0
2021 $0 $135,000 $40,500 $94,500
2020 $1,499 $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 $745 $110,000 $0 $0
2014 $745 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas AndersonMcintosh

    Landlord's Agent in 2024

    Nicholas AndersonMcintosh

    Hyatt & Company Real Estate, LLC

    (973) 393-0180

    1 in this area

    37 Total Sales

    Nicholas AndersonMcintosh
    Section Image

  • R

    Seller's Agent in 2024

    Richard Wang

    Libra Realty, LLC

    (571) 214-9480

    1 in this area

    57 Total Sales

    Richard Wang
    Section Image
  • Carol Strasfeld

    Tenant's Agent in 2024

    Carol Strasfeld

    Unrepresented Buyer Office

    (301) 806-8871

    1 in this area

    5,432 Total Sales

    Carol Strasfeld
    Section Image
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About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: MDMC2149242

Bright MLS

APN: 13-01777116

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 507, Silver Spring, MD

This home is located at 8830 Piney Branch Rd Unit 507, Silver Spring, MD 20903 since 23 September 2024 and is currently priced at $148,791. This property was built in 1971. 8830 Piney Branch Rd Unit 507 is a home located in Montgomery County with nearby schools including Montgomery Knolls Elementary School, Pine Crest Elementary School, and Eastern Middle School.

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