NOT LISTED FOR SALE

Estimated Value: $398,000 - $494,000

2 Beds
1.5 Baths
963 Sq Ft
$499/mo HOA Fee

Last Sold October 28, 2020

Last sale price $400,000 $415 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,146/month

2 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of October 2020

Ideally located 2 bed, 1.5 bath condo in the heart of downtown silver spring. Meticulously maintained and updated, this condo boasts newer gleaming hardwood floors throughout and an abundance of natural light. Updated bathrooms and kitchen including stainless steel appliances and granite countertops. NEW HVAC. Offers penthouse sweeping views from the 13th floor. Building amenities include on site property manager, gym, club room, secure building access, handyman on site and building cleaned and sanitized 7 days a week. This rare offering includes secure underground garage parking spot. Numerous restaurants, shops, movie theater, public library all seconds from your front door. Two blocks from Red Line metro and incoming Purple Line. https://vimeo.com/cassafilms/review/461604363/b191db8508

Last Agent to Sell the Property

Ryan McKevitt

(240) 593-7644 ryan@speichergroup.com Real Broker, LLC - Gaithersburg License #SP200200531 Listed on: 09/23/2020

Real Broker, LLC - Gaithersburg

Co-Listed By

Peggy Lyn Speicher

(808) 495-3525 peggylyn@speichergroup.com Real Broker, LLC - Gaithersburg License #324114

Last Buyer's Agent

Lorin Culver

(301) 310-6456 lorin.culver@cbrealty.com Coldwell Banker Realty License #SP98374312

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • Assigned parking located at #B3-37
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 13th floor

Interior Spaces

  • 963 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161303580096

Community Details

Overview

  • Association fees include common area maintenance, sewer, snow removal, trash, water, custodial services maintenance, exterior building maintenance, management, parking fee, reserve funds
  • High-Rise Condominium
  • Crescent Codm Community
  • The Crescent Subdivision

Amenities

  • Meeting Room
  • Party Room

Recreation

Security

  • Security Service
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,772

Year Built

Built in 2006

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-10-02
  • Year Built: 2006
  • Assigned Parking Space Numbers: B3-37
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 13
  • Flooring Type: Wood, Hardwood
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Open, Upgraded Countertops, Window Treatments, Wood Floors, Ceiling Fan(s), Kitchen - Gourmet
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 963
  • Living Area Sq Ft: 963
  • Price Per Sq Ft: 413.18
  • Above Grade Finished Sq Ft: 963
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Resident Manager, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 499.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Meeting Room, Party Room, Reserved/Assigned Parking, Exercise Room, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Sewer, Snow Removal, Trash, Water, Custodial Services Maintenance, Ext Bldg Maint, Management, Parking Fee, Reserve Funds
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 261100.00
  • Land Assessed Value: 111900.00
  • Property Condition: Excellent, Very Good
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105740
  • Tax Annual Amount: 3772.00
  • Assessor Parcel Number: 161303580096
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 22, 2020
Sold by
Hatfield Michael Sebastian and Hatfield Barbara G
Bought by
Lee Sun Young
Seller's Agent
Ryan McKevitt
Real Broker, LLC - Gaithersburg
Buyer's Agent
Lorin Culver
Coldwell Banker Realty
List Price
$397,888
Sold Price
$400,000
Premium/Discount to List
$2,112
0.53%
Current Estimated Value
$427,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,848
Avg. Annual Appreciation
1.33%
Original Mortgage
$320,000
Outstanding Balance
$284,104
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$143,744

Purchase Details

Closed on
Mar 21, 2015
Sold by
Henderson Tracy Michelle and Henderson Joseph Tracy
Bought by
Joseph Tracy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2012
Sold by
Joseph Tracy H
Bought by
Hatfield Michael Sebastian and Hatfield Barbara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Henderson Trqacy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,300
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Henderson Trqacy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,300
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Lee Sun Young $400,000 Paragon Title & Escrow Co
Joseph Tracy H -- Transtar National Title
Hatfield Michael Sebastian $385,000 None Available
Henderson Trqacy Michelle $375,400 --
Henderson Trqacy Michelle $375,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sun Young $320,000
Previous Owner Joseph Tracy H $275,200
Previous Owner Hatfield Michael Sebastian $225,000
Previous Owner Henderson Trqacy Michelle $300,300
Previous Owner Henderson Trqacy Michelle $300,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $400,000 +0.5% $415 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $397,888 -0.5% $413 / Sq Ft
09/23/2020 09/23/20 Off Market $400,000 -- --
10/20/2017 10/20/17 Sold $385,000 0.0% $400 / Sq Ft View Prior Sale
09/19/2017 09/19/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $385,000 -- $400 / 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 $4,725 $401,000 -- --
2024 $4,725 $400,000 $120,000 $280,000
2023 $3,930 $391,000 $0 $0
2022 $3,638 $382,000 $0 $0
2021 $3,532 $373,000 $111,900 $261,100
2020 $3,999 $353,000 $0 $0
2019 $3,772 $333,000 $0 $0
2018 $3,533 $313,000 $93,900 $219,100
2017 $3,695 $313,000 $0 $0
2016 $3,941 $313,000 $0 $0
2015 $3,941 $313,000 $0 $0
2014 $3,941 $313,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC725648

Bright MLS

APN: 13-03580096