NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 201 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $309,380 - $379,000

1 Bed
1 Bath
804 Sq Ft
$352/mo HOA Fee

Last Sold May 31, 2013

Last sale price $275,000 $342 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,381/month

6 Days on Market

Highlights

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

About This Home

As of May 2013

Heart of downtown Silver Spring! GARAGE PARKING INCLUDED. Like new 1 BR/1 BA condo across from shopping, movies, restaurants, nightlife. 2 Blocks from Metro. W/D in unit. New W/W Carpet. New Paint. Ceramic Tile kitchen, bath. Granite counters, breakfast counter. Lots of light. Secure lobby, fitness room, party room.

Last Agent to Sell the Property

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254 Listed on: 04/24/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Bryan Waters

(301) 259-1070 bryan.waters@redfin.com Redfin Corporation License #428929

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $352 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 804 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Conveys

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303578812

Community Details

Overview

  • Moving Fees Required
  • Association fees include exterior building maintenance, management, insurance, reserve funds, snow removal, trash
  • High-Rise Condominium
  • The Crescent Community
  • The Crescent Subdivision
  • The community has rules related to moving in times

Amenities

  • Common Area
  • Party Room
  • Elevator

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 804
  • Living Area Sq Ft: 804
  • Price Per Sq Ft: 334.58
  • Above Grade Finished Sq Ft: 804
  • 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
  • Construction Materials: Brick
  • Construction Completed: No
  • 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 Conveys
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 352.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 14105612
  • Assessor Parcel Number: 161303578812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
May 24, 2013
Sold by
Betre Mahlette M
Bought by
Addo Michael K
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Bryan Waters
Redfin Corporation
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%
Current Estimated Value
$331,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,345
Avg. Annual Appreciation
1.49%
Original Mortgage
$261,250
Outstanding Balance
$183,737
Interest Rate
3.39%
Mortgage Type
Stand Alone Second
Estimated Equity
$147,608

Purchase Details

Closed on
Mar 27, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Betre Mahlette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 5, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Betre Mahlette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
6.4%
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
Addo Michael K $275,000 Title Forward
Betre Mahlette M $257,650 --
Betre Mahlette M $257,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addo Michael K $261,250
Previous Owner Betre Mahlette M $43,000
Previous Owner Betre Mahlette M $201,100
Previous Owner Betre Mahlette M $201,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $275,000 +2.2% $342 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $269,000 -2.2% $335 / Sq Ft
04/24/2013 04/24/13 Off Market $275,000 -- --
04/24/2013 04/24/13 For Sale $269,000 -- $335 / 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 $3,550 $300,000 $90,000 $210,000
2024 $3,550 $300,000 $90,000 $210,000
2023 $2,860 $300,000 $90,000 $210,000
2022 $2,418 $300,000 $90,000 $210,000
2021 $2,709 $300,000 $90,000 $210,000
2020 $3,960 $283,333 $0 $0
2019 $2,333 $266,667 $0 $0
2018 $2,150 $250,000 $75,000 $175,000
2017 $2,185 $246,667 $0 $0
2016 $3,027 $243,333 $0 $0
2015 $3,027 $240,000 $0 $0
2014 $3,027 $240,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coley Reed

    Seller's Agent in 2013

    Coley Reed

    Long & Foster

    (301) 674-2829

    573 Total Sales

    Coley Reed
    Section Image

  • B

    Buyer's Agent in 2013

    Bryan Waters

    Redfin Corporation

    Bryan Waters
    Section Image
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About The Crescent

Map

Source: Bright MLS

MLS Number: 1003467148

Bright MLS

APN: 13-03578812

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 201, Silver Spring, MD

Not Listed for Sale

Condos

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