NOT LISTED FOR SALE

Estimated Value: $492,000 - $514,000

2 Beds
2 Baths
1,268 Sq Ft
$600/mo HOA Fee

Last Sold February 06, 2017

Last sale price $450,000 $355 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,721/month

2 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • City View
  • Contemporary Architecture

About This Home

As of February 2017

Just 2 blocks from Metro, in the heart of Downtown Silver Spring, you'll enjoy a wonderful views of trees and city. The fun and convenience of city living await you in this spacious light-filled luxury 2BR/2BA corner condo w/ garage pkng space, new hdwd floors, SS & granite. Walk to restaurants, Whole Foods, theaters, great new library, shops and fitness center.

Last Agent to Sell the Property

Helen Dodson

(202) 487-8070 helen@helendodson.com Compass License #AB102361 Listed on: 12/31/2016

Compass

Last Buyer's Agent

Helen Dodson

(202) 487-8070 helen@helendodson.com Compass License #AB102361 Listed on: 12/31/2016

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,936

Year Built

  • Built in 2006

Lot Details

  • East Facing Home
  • Property is in very good condition

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Woods

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,268 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Exterior Cameras
  • Monitored

Parking

  • Subterranean Parking
  • Parking Space Number Location: B3-25
  • Garage Door Opener

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Schools

  • Sligo Creek Elementary School
  • Northwood High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303579840

Community Details

Overview

  • Moving Fees Required
  • Association fees include insurance, reserve funds, snow removal, trash, water, sewer
  • 143 Units
  • High-Rise Condominium
  • Crescent Codm Community
  • Crescent Subdivision

Amenities

  • Concierge
  • Billiard Room
  • Community Center
  • Meeting Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,936

Year Built

Built in 2006

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Upgraded Countertops, Wood Floors, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: High
  • Entry Location: Floors 11-15
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1268
  • Living Area Sq Ft: 1268
  • Price Per Sq Ft: 362.78
  • Above Grade Finished Sq Ft: 1268
  • 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
  • Pool Private: No
  • View: City, Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: B3-25
  • Garage Features: Garage Door Opener, Underground

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Exterior Cameras, Intercom, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Community Center, Elevator, Exercise Room, Meeting Room, Security, Concierge
  • HOA Condo Co-Op Fee Includes: Insurance, Reserve Funds, Snow Removal, Trash, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: SLIGO CREEK
  • High School: NORTHWOOD

Lot Info

  • Improvement Assessed Value: 311500.00
  • Land Assessed Value: 133500.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105715
  • Tax Annual Amount: 3935.93
  • Assessor Parcel Number: 161303579840
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2016
Closed on
Feb 6, 2017
Sold by
Powell Benjamin L and Steele Shauna R
Bought by
Gizaw Michael F and Teshome Helen T
Seller's Agent
Helen Dodson
Compass
Buyer's Agent
Helen Dodson
Compass
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$499,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,275
Avg. Annual Appreciation
1.19%
Original Mortgage
$180,000
Outstanding Balance
$147,974
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$351,301

Purchase Details

Closed on
Jun 14, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Steele Shauna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,350
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 20, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Steele Shauna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,350
Interest Rate
6.23%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gizaw Michael F $450,000 Kvs Title Llc
Steele Shauna R $509,135 --
Steele Shauna R $509,135 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gizaw Michael F $180,000
Previous Owner Steele Shauna R $76,350
Previous Owner Steele Shauna R $407,300
Previous Owner Steele Shauna R $407,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2017 02/06/17 Sold $450,000 -2.2% $355 / Sq Ft
01/02/2017 01/02/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $460,000 0.0% $363 / Sq Ft
09/01/2015 09/01/15 Rented $2,400 -11.9% --
07/25/2015 07/25/15 Under Contract -- -- --
06/27/2015 06/27/15 For Rent $2,725 -- --
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 $5,900 $480,000 $144,000 $336,000
2024 $5,900 $500,000 $150,000 $350,000
2023 $5,212 $500,000 $150,000 $350,000
2022 $4,030 $500,000 $150,000 $350,000
2021 $4,962 $500,000 $150,000 $350,000
2020 $9,516 $481,667 $0 $0
2019 $5 $463,333 $0 $0
2018 $4,351 $445,000 $133,500 $311,500
2017 $3,055 $411,667 $0 $0
2016 $4,468 $378,333 $0 $0
2015 $4,468 $345,000 $0 $0
2014 $4,468 $345,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002478683

Bright MLS

APN: 13-03579840