SOLD SEP 13, 2024
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
$1,126/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- Balcony
- Montgomery Knolls Elementary School Rated A
- Colonial Architecture
- 4-minute walk to New Hampshire Estates Neighborhood Park
About This Home
As of September 2024Freshly fully remodeled 3-bedroom 2-bathroom condo. Featuring open floor plan, new kitchen cabinets with high quality quartz counter top, new stainless appliances, new bathrooms, new lightings, new HVAC convectors, new flooring, new painting. All utilities (water, gas, electric) are included in the monthly condo fee. One assigned parking space in attached basement garage and plenty of guest spots available in parking lots. Located close to public transportation and highways. Short commute to Montgomery College, University of Maryland, or DC. Great for buy and hold/rent out investors.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,726
Year Built
- Built in 1971
HOA Fees
- $1,126 Monthly HOA Fees
Parking
- Assigned parking located at #A31
- Side Facing Garage
- Parking Lot
- 1 Assigned Parking Space
Home Design
- Colonial Architecture
Interior Spaces
- 1,290 Sq Ft Home
- Property has 1 Level
- Luxury Vinyl Plank Tile Flooring
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Convector
- Convector Heater
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in excellent condition
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 161301777116
Community Details
Overview
- Association fees include electricity, gas, water, air conditioning, trash, snow removal, sewer, management, laundry, common area maintenance
- High-Rise Condominium
- Pineway Towers Condos
- Pineway Towers Subdivision
Amenities
- Concierge
- Laundry Facilities
Recreation
- Community Playground
Pet Policy
- No Pets Allowed
Security
- 24-Hour Security
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
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
-3.55%
Purchase Details
Closed on
Apr 13, 2023
Sold by
Kagle Sigrid S
Bought by
Ws1902 Llc
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $155,000 | Results Title | |
| Special Warranty Deed | $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
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
Seller's Agent in 2024
Nicholas AndersonMcintosh
Hyatt & Company Real Estate, LLC
(973) 393-0180
1 in this area
37 Total Sales
-
Richard Wang
R
Seller's Agent in 2024
Richard Wang
Libra Realty, LLC
(571) 214-9480
1 in this area
57 Total Sales
-
Carol Strasfeld
Buyer's Agent in 2024
Carol Strasfeld
Unrepresented Buyer Office
(301) 806-8871
1 in this area
5,466 Total Sales
About Pineway Towers Condominiums
Map
Source: Bright MLS
MLS Number: MDMC2114138
APN: 13-01777116
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