NOT LISTED FOR SALE

Pineway Towers Condominiums 8830 Piney Branch Rd Unit 805 Silver Spring, MD 20903

Silver Spring Park Neighborhood

Estimated Value: $131,202 - $216,000

2 Beds
2 Baths
9,999 Sq Ft
$646/mo HOA Fee

Last Sold August 20, 2013

Last sale price $60,000 $6 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,616/month

Highlights

  • Traditional Floor Plan
  • Transitional Architecture
  • Elevator
  • Montgomery Knolls Elementary School Rated A
  • Party Room
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

As of August 2013

LARGE 2BR/ 2 FULL BATH WITH DEN UNIT. CLOSE TO METRO AND SHOPPING!

Last Agent to Sell the Property

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367 Listed on: 05/30/2013

The Agency DC

Last Buyer's Agent

Monica Hurtarte

(240) 899-5552 mh@realty-local.com Realty Local LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 1,089

HOA Fees

  • $646 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 9,999 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161301777446

Community Details

Overview

  • Association fees include air conditioning, custodial services maintenance, electricity, exterior building maintenance, gas, heat, management, insurance, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Pineway Towers Community
  • Pineway Towers Subdivision
  • The community has rules related to moving in times, parking rules

Amenities

  • Common Area
  • Party Room
  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$646 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Transitional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 6-10
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 9999
  • Living Area Sq Ft: 9999
  • Price Per Sq Ft: 8.00
  • Above Grade Finished Sq Ft: 9999
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Refuse: 20.56
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 645.81
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Elevator Use, Moving In Times, Parking, Pets - Allowed
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 77000.00
  • Land Assessed Value: 33000.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14052420
  • Tax Annual Amount: 1939.24
  • Assessor Parcel Number: 161301777446
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Aug 20, 2013
Sold by
Mendoza Zuniga Pablo
Bought by
Garcia Jorge
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Monica Hurtarte
Realty Local LLC
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%
Current Estimated Value
$156,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,801
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Oct 4, 2006
Sold by
Sligh Robert L
Bought by
Mendoza Zuniga Pablo

Purchase Details

Closed on
Sep 15, 2006
Sold by
Sligh Robert L
Bought by
Mendoza Zuniga Pablo

Purchase Details

Closed on
May 29, 2002
Sold by
Sligh Robert L and Sligh W L
Bought by
Sligh Robert L
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
Garcia Jorge $60,000 Chicago Title
Mendoza Zuniga Pablo $219,000 --
Mendoza Zuniga Pablo $219,000 --
Sligh Robert L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2013 08/20/13 Sold $60,000 -25.0% $6 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $80,000 -- $8 / 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 $153,333 -- --
2024 $1,786 $150,000 $45,000 $105,000
2023 $1,726 $145,000 $0 $0
2022 $1,128 $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 $1,161 $116,667 $0 $0
2015 $1,161 $110,000 $0 $0
2014 $1,161 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Martinez

    Seller's Agent in 2013

    Alex Martinez

    The Agency DC

    (240) 258-2668

    10 in this area

    1,061 Total Sales

    Alex Martinez
    Section Image
  • Monica Hurtarte

    Buyer's Agent in 2013

    Monica Hurtarte

    Realty Local LLC

    (240) 899-5552

    Monica Hurtarte
    Section Image
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About Pineway Towers Condominiums

Map

Source: Bright MLS

MLS Number: 1003543056

Bright MLS

APN: 13-01777446

Maryland Montgomery County Silver Spring 20901 Silver Spring Park

8830 Piney Branch Rd Unit 805, Silver Spring, MD

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