NOT LISTED FOR SALE

Estimated Value: $338,200 - $382,000

1 Bed
1.5 Baths
824 Sq Ft
$478/mo HOA Fee

Last Sold April 30, 2021

Last sale price $325,000 $394 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,714/month

227 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Ceiling height of 9 feet or more

About This Home

As of April 2021

New price. Motivated Seller. This exceptional loft-style one bedroom and den condo, located in the heart of downtown Silver Spring, is a bright contemporary with southwestern exposure, high ceilings and gleaming hardwood floors throughout. The entrance hall leads into the large living area, dining area, open gourmet kitchen and a den/home office. Bedroom has an en suite bath, there is a powder room and coat closet off the foyer. The open gourmet kitchen with center island has excellent storage, granite countertops and stainless-steel appliances. Amenities include: 10-foot ceilings, new hardwood floors in bedroom and den, gleaming hardwood floors in living, dining and kitchen, in-unit washer & dryer. Prime Location on Bus Line, close to Red Line Silver Spring Metro (only 9 min walk, 0.4 miles), Excellent walk score of 99 and Transit score 0f 88. Near fine Restaurants , shops, Ellsworth Place shopping Mall, Safeway, Giant, Whole Foods, AFI Silver and Round House Theaters, Library, Bullis Park and Outdoor Ice Skating Rink, all within 0.2-0.4 miles away. Pet friendly. This exciting open plan with 10-foot ceilings makes #A a Beautiful and Welcoming home. Parking, $129/month. ***Please follow the CDC COVID-19 guidelines by wearing masks at all times when entering the building and while visiting ***

Last Agent to Sell the Property

Maryam Hedayati

Long & Foster Real Estate, Inc. Listed on: 08/18/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Andy Rubin

RE/MAX Realty Centre, Inc. License #653678

RE/MAX Realty Centre, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 824 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Parking

  • Public Parking
  • On-Street Parking

Schools

  • Sligo Creek Elementary School
  • Silver Spring International Middle School
  • Montgomery Blair High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 161303528908

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, snow removal, trash, water, reserve funds, sewer
  • Low-Rise Condominium
  • The Lofts 24 Codm Condos
  • The Lofts 24 Cod Community
  • The Elms At Clarksburg Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,912

Year Built

Built in 2006

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Unit/Flat, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: New price. Motivated Seller. This exceptional loft-style one bedroom and den condo, located in the heart of downtown Silver Spring, is a bright contemporary with southwestern exposure, high ceilings and gleaming hardwood floors throughout. The entrance hall leads into the large living area, dining area, open gourmet kitchen and a den/home office. Bedroom has an en suite bath, there is a powder room and coat closet off the foyer. The open gourmet kitchen with center island has excellent storage, granite countertops and stainless-steel appliances. Amenities include: 10-foot ceilings, new hardwood floors in bedroom and den, gleaming hardwood floors in living, dining and kitchen, in-unit washer & dryer. Prime Location on Bus Line, close to Red Line Silver Spring Metro (only 9 min walk, 0.4 miles), Excellent walk score of 99 and Transit score 0f 88. Near fine Restaurants , shops, Ellsworth Place shopping Mall, Safeway, Giant, Whole Foods, AFI Silver and Round House Theaters, Library, Bullis Park and Outdoor Ice Skating Rink, all within 0.2-0.4 miles away. Pet friendly. This exciting open plan with 10-foot ceilings makes #A a Beautiful and Welcoming home. Parking, $129/month. ***Please follow the CDC COVID-19 guidelines by wearing masks at all times when entering the building and while visiting ***
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Dryer - Electric, Exhaust Fan, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Gourmet, Sprinkler System, Stall Shower, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Kitchen, Den, Foyer, Bedroom 1, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 824
  • Living Area Sq Ft: 824
  • Price Per Sq Ft: 418.69
  • Above Grade Finished Sq Ft: 824
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 902

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 477.77
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE LOFTS 24 CODM
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Snow Removal, Trash, Water, Reserve Funds, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SLIGO CREEK
  • Middle School: SILVER SPRING INTERNATIONAL
  • High School: MONTGOMERY BLAIR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: SLIGO CREEK
  • High School: MONTGOMERY BLAIR
  • Middle Or Junior School: SILVER SPRING INTERNATIONAL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 185500.00
  • Land Assessed Value: 79500.00
  • Land Use Code: 011
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CBD1
  • In City Limits: No

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14101119
  • Tax Annual Amount: 2912.00
  • Assessor Parcel Number: 161303528908
  • Tax Total Finished Sq Ft: 824
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/30/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Apr 30, 2021
Sold by
Brown Lynne J
Bought by
Hudak Michael
Seller's Agent
Maryam Hedayati
Long & Foster Real Estate, Inc.
Buyer's Agent
Andy Rubin
RE/MAX Realty Centre, Inc.
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%
Current Estimated Value
$352,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,800
Avg. Annual Appreciation
2.08%
Original Mortgage
$276,250
Outstanding Balance
$250,498
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$105,019

Purchase Details

Closed on
Mar 31, 2006
Sold by
Mab Llc
Bought by
Brown Lynne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,050
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Mab Llc
Bought by
Brown Lynne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,050
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
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
Hudak Michael $325,000 First Title & Escrow Inc
Brown Lynne J $290,900 --
Brown Lynne J $290,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudak Michael $276,250
Previous Owner Brown Lynne J $201,700
Previous Owner Brown Lynne J $29,050
Previous Owner Brown Lynne J $232,700
Previous Owner Brown Lynne J $232,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $325,000 -5.8% $394 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $345,000 -2.8% $419 / Sq Ft
10/27/2020 10/27/20 Price Changed $355,000 -2.7% $431 / Sq Ft
09/13/2020 09/13/20 Price Changed $365,000 -2.7% $443 / Sq Ft
08/18/2020 08/18/20 For Sale $375,000 -- $455 / 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 $3,811 $323,333 -- --
2024 $3,811 $320,000 $96,000 $224,000
2023 $4,287 $301,667 $0 $0
2022 $2,548 $283,333 $0 $0
2021 $3,028 $265,000 $79,500 $185,500
2020 $2,972 $260,000 $0 $0
2019 $2,913 $255,000 $0 $0
2018 $2,822 $250,000 $75,000 $175,000
2017 $2,973 $250,000 $0 $0
2016 $2,597 $250,000 $0 $0
2015 $2,597 $250,000 $0 $0
2014 $2,597 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC719404

Bright MLS

APN: 13-03528908