NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 1408 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $390,060 - $495,000

2 Beds
1.5 Baths
965 Sq Ft
$439/mo HOA Fee

Last Sold October 29, 2015

Last sale price $325,000 $337 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,084/month

6 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Upgraded Countertops
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Billiard Room

About This Home

As of October 2015

Imagine watching the sun set from your balcony; stay home and work from the 2nd BR or take the Red Line only 3/10 of a mile away. This 2BR/1.5BA is 965sqft of easy living! Brand new carpet. Life doesn't get any sweeter...Whole Foods, movie theatres, & The Fillmore are each just 1.5 blocks away. Farmers' Market every Saturday. Public parking is across the street

Last Agent to Sell the Property

Cindy Souza

(301) 332-5032 cindy.souza@lnf.com Long & Foster Real Estate, Inc. License #SP99517 Listed on: 09/11/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Young Kang

(240) 372-5259 youngc21@aol.com Trademark Realty, Inc License #322454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 965 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Home Security

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 161303580201

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, management, trash, water, exterior building maintenance, insurance, sewer
  • High-Rise Condominium
  • Built by THE PATRIOT GROUP
  • Crescent Subdivision, The Demille Floorplan
  • Crescent Codm Community
  • The community has rules related to antenna installations

Amenities

  • Billiard Room
  • Community Center
  • Meeting Room

Recreation

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,069

Year Built

Built in 2006

Lot Details

0

HOA Fees

$439 per month

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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Oven/Range - Gas, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Kitchen - Galley, Upgraded Countertops, Primary Bath(s), Recessed Lighting, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • 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: 965
  • Living Area Sq Ft: 965
  • Price Per Sq Ft: 352.33
  • Above Grade Finished Sq Ft: 965
  • 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
  • Construction Materials: Brick
  • Pool Private: No
  • 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: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Resident Manager, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Fiber Optics Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 439.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Community Center, Elevator, Fitness Center, Meeting Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Trash, Water, Ext Bldg Maint, Insurance, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Elevator Use, Antenna, Moving Fees Required
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 221200.00
  • Land Assessed Value: 94800.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD2

Building Info

  • Builder Name: THE PATRIOT GROUP

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105751
  • Tax Annual Amount: 4069.37
  • Assessor Parcel Number: 161303580201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 29, 2015
Sold by
Bacho Matthew
Bought by
Lee Song Hee
Seller's Agent
Cindy Souza
Long & Foster Real Estate, Inc.
Buyer's Agent
Young Kang
Trademark Realty, Inc
List Price
$340,000
Sold Price
$325,000
Premium/Discount to List
-$15,000
-4.41%
Current Estimated Value
$424,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,515
Avg. Annual Appreciation
2.68%
Original Mortgage
$260,000
Outstanding Balance
$106,968
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$317,547
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
Lee Song Hee $325,000 Rgs Title Of Bethesda
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Song Hee $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $325,000 -4.4% $337 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $340,000 -- $352 / 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 $4,913 $386,000 $115,800 $270,200
2024 $4,913 $416,000 $124,800 $291,200
2023 $3,989 $396,000 $0 $0
2022 $3,031 $376,000 $0 $0
2021 $3,340 $356,000 $106,800 $249,200
2020 $3,116 $336,000 $0 $0
2019 $2,888 $316,000 $0 $0
2018 $2,669 $296,000 $88,800 $207,200
2017 $2,803 $296,000 $0 $0
2016 -- $296,000 $0 $0
2015 $3,099 $316,000 $0 $0
2014 $3,099 $311,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Souza

    Seller's Agent in 2015

    Cindy Souza

    Long & Foster

    (301) 332-5032

    186 Total Sales

    Cindy Souza
    Section Image
  • Young Kang

    Buyer's Agent in 2015

    Young Kang

    Trademark Realty, Inc

    (240) 372-5259

    1 in this area

    136 Total Sales

    Young Kang
    Section Image
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About The Crescent

Map

Source: Bright MLS

MLS Number: 1002373553

Bright MLS

APN: 13-03580201

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 1408, Silver Spring, MD

Not Listed for Sale

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