NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 305 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $478,000 - $503,000

2 Beds
2 Baths
1,268 Sq Ft
$600/mo HOA Fee

Last Sold September 09, 2016

Last sale price $420,000 $331 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,617/month

70 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Sligo Creek Elementary School Rated A
  • Gourmet Kitchen
  • Craftsman Architecture

About This Home

As of September 2016

City living at its best, in the center of Downtown Silver Spring! 2 BR + 2 BA luxury condo with wood floors throughout, shows like a model home. Condo located on the peak of the building, with priceless views putting you in the middle of life! Walk to Metro, shops, restaurants, gym, Whole Foods + much more! Garage space conveys, W/D in unit, building amen. w/gym, on site mgmt & party room!

Last Agent to Sell the Property

Stanley Barsch

(240) 882-8512 stanley@barschrealty.com Barsch Realty, LLC Listed on: 05/19/2016

Last Buyer's Agent

Cynthia Holland

(301) 452-1075 cindy.holland@lnf.com Long & Foster Real Estate, Inc. License #SP98359524

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,268 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: B317
  • On-Street Parking

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303578960

Community Details

Overview

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

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,482

Year Built

Built in 2006

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Craftsman
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Washer, Dryer, Microwave, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1268
  • Living Area Sq Ft: 1268
  • Price Per Sq Ft: 354.89
  • 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
  • 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: Garage
  • Parking Space Number Assigned: B317
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 600.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Concierge, Elevator, Fitness Center, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Water, Sewer, Road Maintenance, Reserve Funds, Parking Fee, Insurance, Management, Lawn Maintenance, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 283500.00
  • Land Assessed Value: 121500.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105627
  • Tax Annual Amount: 3481.85
  • Assessor Parcel Number: 161303578960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Sep 9, 2016
Sold by
Yu Michael and Yu Min
Bought by
Barkley Stuart
Seller's Agent
Stanley Barsch
Barsch Realty, LLC
Buyer's Agent
Cynthia Holland
Long & Foster Real Estate, Inc.
List Price
$465,000
Sold Price
$420,000
Premium/Discount to List
-$45,000
-9.68%
Current Estimated Value
$490,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,162
Avg. Annual Appreciation
1.67%
Original Mortgage
$336,000
Outstanding Balance
$155,481
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$334,681
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
Barkley Stuart $420,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkley Stuart $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $420,000 -6.7% $331 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/14/2016 06/14/16 Price Changed $450,000 -3.2% $355 / Sq Ft
05/19/2016 05/19/16 For Sale $465,000 -- $367 / 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 $5,430 $440,000 $132,000 $308,000
2024 $5,430 $460,000 $138,000 $322,000
2023 $4,741 $460,000 $138,000 $322,000
2022 $3,708 $460,000 $138,000 $322,000
2021 $4,512 $460,000 $138,000 $322,000
2020 $4,307 $441,667 $0 $0
2019 $4,098 $423,333 $0 $0
2018 $3,899 $405,000 $121,500 $283,500
2017 $3,992 $371,667 $0 $0
2016 -- $338,333 $0 $0
2015 $3,966 $305,000 $0 $0
2014 $3,966 $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stanley Barsch

    Seller's Agent in 2016

    Stanley Barsch

    Barsch Realty, LLC

    (240) 882-8512

    4 Total Sales

    Stanley Barsch
    Section Image

  • C

    Buyer's Agent in 2016

    Cynthia Holland

    Long & Foster

    Section Image
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About The Crescent

Map

Source: Bright MLS

MLS Number: 1002431139

Bright MLS

APN: 13-03578960

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 305, Silver Spring, MD

Not Listed for Sale

Condos

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