NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 1305 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $497,524 - $530,000

2 Beds
2 Baths
1,268 Sq Ft
$725/mo HOA Fee

Last Sold July 28, 2023

Last sale price $495,000 $390 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,876/month

53 Days on Market

Highlights

  • Fitness Center
  • Game Room
  • Forced Air Heating and Cooling System
  • Sligo Creek Elementary School Rated A
  • Assigned Subterranean Space
  • 1 Car Garage

About This Home

As of July 2023

Right in the heart of downtown Silver Spring, you can't beat this combination of location and view! Corner unit giving it the best views in the building. Recently had new carpet and fresh paint to put on the finishing touches. New washer and dryer in unit for maximum convenience. Enjoy luxurious living in the Crescent building, with a fitness center and game room available. Premium location, with the Wayne Ave Garage offering affordable parking for any guests. Don't miss out on this one!

Last Agent to Sell the Property

Jared Soon

(240) 678-3159 jared.longandfoster@gmail.com Compass License #682140 Listed on: 04/26/2023

Compass

Co-Listed By

Roman Mychajliw

(240) 994-5067 roman@a-krealestate.com Long & Foster Real Estate, Inc. License #647341

Last Buyer's Agent

Kimberly Diggs

(202) 630-6112 kim@kimberlydiggs.com Compass License #BR98373434

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,773

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $725 Monthly HOA Fees

Parking

Home Design

  • Entry on the 13th floor

Interior Spaces

  • 1,268 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303580063

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal, trash, water
  • High-Rise Condominium
  • Crescent Condominium Condos
  • Crescent Codm* Community
  • Crescent Subdivision
  • Property Manager

Amenities

  • Game Room

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,773

Year Built

Built in 2006

Lot Details

0

HOA Fees

$725 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 13
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1268
  • Living Area Sq Ft: 1268
  • Price Per Sq Ft: 417.98
  • 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, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • 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 Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 725.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Crescent Condominium
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Game Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5773.00
  • Assessor Parcel Number: 161303580063
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jul 27, 2023
Sold by
Tesfakiros Mulugeta
Bought by
Small Chaunette
Seller's Agent
Jared Soon
Compass
Buyer's Agent
Kimberly Diggs
Compass
List Price
$530,000
Sold Price
$495,000
Premium/Discount to List
-$35,000
-6.6%
Views
29
Current Estimated Value
$506,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,631
Avg. Annual Appreciation
0.94%
Original Mortgage
$486,034
Outstanding Balance
$474,751
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$31,880

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jul 12, 2017
Sold by
Joseph Abin Kattumathil and Joseph Elsa
Bought by
Tesfakiros Mulugeta
Seller's Agent
Dave Kolakowski
Real Broker, LLC
Buyer's Agent
Joel Sarsah
Samson Properties
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$315,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 4, 2015
Sold by
Snyder Steven J and Snyder Emily Kane
Bought by
Kattumattathil Joseph Abin and Kattumattathil Elsa Joseph
Seller's Agent
Mike Altobelli
RE/MAX Realty Services
Buyer's Agent
Dave Kolakowski
Real Broker, LLC
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$415,000
Interest Rate
3.69%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2013
Sold by
Snyder Steven J
Bought by
Snyder Steven J and Snyder Emily Kane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,902
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Snyder Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Snyder Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
6.71%
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
Small Chaunette $495,000 Firm Title
Small Chaunette $495,000 Firm Title
Tesfakiros Mulugeta $450,000 Avance Title Llc
Kattumattathil Joseph Abin $415,000 First American Title Ins Co
Snyder Steven J -- None Available
Snyder Steven J $449,900 --
Snyder Steven J $449,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Chaunette $486,034
Closed Small Chaunette $486,034
Previous Owner Tesfakiros Mulugeta $315,000
Previous Owner Kattumattathil Joseph Abin $415,000
Previous Owner Snyder Steven J $346,902
Previous Owner Snyder Steven J $359,920
Previous Owner Snyder Steven J $359,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $495,000 -6.6% $390 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $530,000 0.0% $418 / Sq Ft
05/25/2023 05/25/23 Price Changed $530,000 0.0% $418 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $530,000 0.0% $418 / Sq Ft
01/25/2021 01/25/21 Rented $2,100 0.0% --
01/22/2021 01/22/21 Under Contract -- -- --
12/21/2020 12/21/20 Price Changed $2,100 -4.5% $2 / Sq Ft
12/05/2020 12/05/20 For Rent $2,200 0.0% --
07/13/2017 07/13/17 Sold $450,000 0.0% $355 / Sq Ft View Prior Sale
06/09/2017 06/09/17 Pending -- -- --
06/05/2017 06/05/17 Off Market $450,000 -- --
05/15/2017 05/15/17 Price Changed $450,000 -2.2% $355 / Sq Ft
04/18/2017 04/18/17 Price Changed $460,000 -2.1% $363 / Sq Ft
03/31/2017 03/31/17 For Sale $470,000 +13.3% $371 / Sq Ft
05/04/2015 05/04/15 Sold $415,000 0.0% $327 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $415,000 0.0% $327 / Sq Ft
07/25/2013 07/25/13 Rented $2,395 0.0% --
07/22/2013 07/22/13 Under Contract -- -- --
06/08/2013 06/08/13 For Rent $2,395 -- --
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 $6,018 $490,000 $147,000 $343,000
2024 $6,018 $510,000 $153,000 $357,000
2023 $0 $510,000 $153,000 $357,000
2022 $5,773 $510,000 $153,000 $357,000
2021 $5,767 $510,000 $153,000 $357,000
2020 $4,870 $491,667 $0 $0
2019 $4,661 $473,333 $0 $0
2018 $4,464 $455,000 $136,500 $318,500
2017 $3,888 $421,667 $0 $0
2016 -- $388,333 $0 $0
2015 $3,901 $355,000 $0 $0
2014 $3,901 $355,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jared Soon

    Seller's Agent in 2023

    Jared Soon

    Compass

    (240) 678-3159

    1 in this area

    142 Total Sales

    Jared Soon
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Roman Mychajliw

    Long & Foster

    (240) 994-5067

    1 in this area

    693 Total Sales

    Roman Mychajliw
    Section Image
  • Kimberly Diggs

    Buyer's Agent in 2023

    Kimberly Diggs

    Compass

    (202) 630-6112

    1 in this area

    43 Total Sales

    Kimberly Diggs
    Section Image
  • Alex Eshete

    Seller's Agent in 2021

    Alex Eshete

    DMV Realty, INC.

    (571) 278-0300

    1 in this area

    39 Total Sales

    Alex Eshete
    Section Image

  • M

    Buyer's Agent in 2021

    Maggie O'Reilly

    Long & Foster

    (301) 367-8220

    8 Total Sales

    Maggie O'Reilly
    Section Image
  • Dave Kolakowski

    Seller's Agent in 2017

    Dave Kolakowski

    Real Broker, LLC

    (301) 445-8525

    23 Total Sales

    Dave Kolakowski
    Section Image
See All Agents

About The Crescent

Map

Source: Bright MLS

MLS Number: MDMC2090872

Bright MLS

APN: 13-03580063

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 1305, Silver Spring, MD

Not Listed for Sale

Condos

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