NOT LISTED FOR SALE

Estimated Value: $303,000 - $318,000

1 Bed
1 Bath
783 Sq Ft
$385/mo HOA Fee

Last Sold August 27, 2015

Last sale price $245,000 $313 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,311/month

64 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Contemporary Architecture
  • Sligo Creek Elementary School Rated A
  • Gated Community
  • Traditional Floor Plan

About This Home

As of August 2015

Huge price reduction!!! Beautiful one bedroom/bath in the hearth of downtown Silver Spring close to metro, shops, DC and more in sought after CRESCENT Condominium. This is a Fannie Mae property. Buyer pays transfer/recordation taxes. All offers must be submitted online. Follow instruction under documents. Email offers will be discarded.

Last Agent to Sell the Property

Mina Sultani

(571) 331-5909 minasultani@gmail.com Coldwell Banker Realty Listed on: 05/25/2015

Coldwell Banker Realty

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Composite Building Materials

Interior Spaces

  • 783 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Utilizes Natural Gas
  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303578914

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, custodial services maintenance, lawn care front, lawn care rear, lawn maintenance, management, lawn care side, insurance, parking fee, reserve funds, sewer, snow removal, trash
  • High-Rise Condominium
  • Crescent Codm Community
  • Crescent Subdivision
  • The community has rules related to moving in times

Amenities

  • Community Center
  • Meeting Room
  • Bar or Lounge

Recreation

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,080

Year Built

Built in 2006

Lot Details

0

HOA Fees

$385 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
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Features: 5120
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 783
  • Living Area Sq Ft: 783
  • Price Per Sq Ft: 351.21
  • Above Grade Finished Sq Ft: 783
  • 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: Composition
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 385.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Elevator, Exercise Room, Gated Community, Meeting Room, Reserved/Assigned Parking, Community Center, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Lawn Care Side, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times
  • HOA: No
  • Senior Community: No

Lot Info

  • Property Attached Yn: Yes
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3079.85
  • Assessor Parcel Number: 161303578914
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2015
Sold by
Cremedas Andrew E and Cremedas Ann G
Bought by
Cremedas Family Trust
Current Estimated Value
$309,949

Purchase Details

Closed on
Apr 22, 2015
Sold by
Talley Cheryl
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Feb 5, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Talley Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,087
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 29, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Talley Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,087
Interest Rate
6.22%
Mortgage Type
Stand Alone Second
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
Cremedas Family Trust -- District Title
Cremedas Andrew E -- District Title
Federal National Mortgage Association $296,224 Attorney
Talley Cheryl $300,870 --
Talley Cheryl $300,870 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Talley Cheryl $30,087
Previous Owner Talley Cheryl $240,696
Previous Owner Talley Cheryl $240,696
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $245,000 -10.9% $313 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
06/25/2015 06/25/15 Price Changed $274,995 -6.7% $351 / Sq Ft
05/25/2015 05/25/15 For Sale $294,900 -- $377 / 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 $3,668 $300,000 $90,000 $210,000
2024 $3,668 $310,000 $93,000 $217,000
2023 $3,630 $306,667 $0 $0
2022 $2,445 $303,333 $0 $0
2021 $3,401 $300,000 $90,000 $210,000
2020 $3,214 $283,333 $0 $0
2019 $3,025 $266,667 $0 $0
2018 $2,842 $250,000 $75,000 $175,000
2017 $2,838 $245,000 $0 $0
2016 $2,272 $240,000 $0 $0
2015 $2,272 $235,000 $0 $0
2014 $2,272 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002336955

Bright MLS

APN: 13-03578914