NOT LISTED FOR SALE

Estimated Value: $279,150 - $319,000

1 Bed
1 Bath
742 Sq Ft
$334/mo HOA Fee

Last Sold September 05, 2019

Last sale price $270,000 $364 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,159/month

7 Days on Market

Highlights

  • Fitness Center
  • City View
  • Traditional Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of September 2019

Motivated seller! Fabulous location. Wonderful condo with balcony in the heart of downtown Silver Spring. This unit offer upgraded flooring, granite counters, in-unit w/d. Building amenities include exercise room, community room with pool table, elevators. Metro is just a few blocks away. MPDU restrictions no longer apply.

Last Agent to Sell the Property

Scott Harper

(301) 938-1596 scott.harper@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 08/08/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Margaret Babbington

(202) 270-7462 team@babbingtoninc.com Compass License #sp98368959

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 742 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Schools

  • Sligo Creek Elementary School
  • Silver Spring International Middle School
  • Northwood High School

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303579747

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, sewer, trash, water
  • High-Rise Condominium
  • Crescent Codm Community
  • Property Manager

Amenities

  • Common Area
  • Billiard Room
  • Party Room
  • 2 Elevators

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,822

Year Built

Built in 2006

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Traditional, Upgraded Countertops
  • Elevators Count: 2
  • Levels Count: Other
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 742
  • Living Area Sq Ft: 742
  • Price Per Sq Ft: 370.62
  • Above Grade Finished Sq Ft: 742
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 334.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Elevator, Exercise Room, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: SLIGO CREEK
  • High School: NORTHWOOD
  • Middle Or Junior School: SILVER SPRING INTERNATIONAL

Lot Info

  • Improvement Assessed Value: 160000.00
  • Land Assessed Value: 30000.00
  • Property Condition: Very Good
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14105705
  • Tax Annual Amount: 1822.00
  • Assessor Parcel Number: 161303579747
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 5, 2019
Sold by
Reis Charlotte
Bought by
Shaw Caroline
Seller's Agent
Scott Harper
Long & Foster Real Estate, Inc.
Buyer's Agent
Margaret Babbington
Compass
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$296,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,788
Avg. Annual Appreciation
1.53%
Original Mortgage
$261,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Kanyi Lucy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,539
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Kanyi Lucy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,539
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaw Caroline $270,000 Tradition Ttl Llc T A Rgs Tt
Kanyi Lucy M $171,539 --
Kanyi Lucy M $171,539 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Caroline $261,900
Previous Owner Kanyi Lucy M $171,539
Previous Owner Kanyi Lucy M $171,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2019 09/05/19 Sold $270,000 -1.8% $364 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $275,000 +38.9% $371 / Sq Ft
02/27/2015 02/27/15 Sold $197,974 -0.5% $267 / Sq Ft View Prior Sale
01/22/2015 01/22/15 Pending -- -- --
01/02/2015 01/02/15 Price Changed $199,000 -9.6% $268 / Sq Ft
11/19/2014 11/19/14 For Sale $220,077 -- $297 / 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 $3,139 $230,000 $69,000 $161,000
2024 $3,139 $265,000 $79,500 $185,500
2023 $1,608 $230,000 $0 $0
2022 $1,315 $195,000 $0 $0
2021 $1,132 $160,000 $48,000 $112,000
2020 $2,264 $160,000 $48,000 $112,000
2019 $1,131 $160,000 $48,000 $112,000
2018 $2,145 $190,000 $30,000 $160,000
2017 $1,324 $180,000 $0 $0
2016 $1,470 $170,000 $0 $0
2015 $1,470 $160,000 $0 $0
2014 $1,470 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC673448

Bright MLS

APN: 13-03579747