NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 408 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $382,334 - $453,000

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

Last Sold June 01, 2021

Last sale price $370,000 $384 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,991/month

54 Days on Market

Highlights

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

About This Home

As of June 2021

AMAZING NEW PRICE $370,000!!. A+ LOCATION in the heart of Downtown Silver Spring for this lovely light and bright, move in ready 2bd/1.5fb unit at Crescent Condominium with parking. Highlights incl: freshly painted, great kitchen with granite and SS appliances overlooking living/dining area + powder room, hardwoods. w/d in unit plus a reserved PARKING SPACE. Building amenities includes a Club Room, Fitness, on-site property manager and handyman. Building cleaned and sanitized 7 days a week. Close to shopping & dining including Whole Foods, Safeway, Starbucks, CVS, CAVA, Matchbox, Fillmore, public library and more. Easy access to major routes and 5 blocks to the Silver Spring red line metro station, the coming purple line and MARC train. Fenton Ave bus stop in front of building, public parking garage directly across the street. This unit and location can't be beat!!

Last Agent to Sell the Property

Marsha Schuman

(301) 943-9731 marsha.schuman@wfp.com Washington Fine Properties, LLC License #98059 Listed on: 03/04/2021

Washington Fine Properties, LLC

Last Buyer's Agent

Shandon Goodwin

(202) 415-1161 sgoodwin@longandfoster.com Long & Foster Real Estate, Inc. License #SP200202630

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Schools

  • Sligo Creek Elementary School
  • Silver Spring International Middle School
  • Northwood High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Ramp on the main level
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303579100

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, insurance, management, parking fee, reserve funds, sewer, snow removal, water
  • Crescent Codm Condos
  • Crescent Codm Community
  • Crescent Subdivision
  • Property Manager

Amenities

  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,467

Year Built

Built in 2006

Lot Details

0

HOA Fees

$499 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional
  • Accessibility Features: Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Wood Floors, Window Treatments, Floor Plan - Open, Kitchen - Gourmet
  • Levels Count: 1
  • Room List: Primary Bedroom
  • Basement: No
  • Total Sq Ft: 963
  • Living Area Sq Ft: 963
  • Price Per Sq Ft: 384.22
  • 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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • 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: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 499.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Crescent Codm
  • HOA Condo Co-Op Amenities: Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SLIGO CREEK
  • High School: NORTHWOOD
  • Middle Or Junior School: SILVER SPRING INTERNATIONAL

Lot Info

  • Property Condition: Very Good
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3467.00
  • Assessor Parcel Number: 161303579100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jun 1, 2021
Sold by
Ryan Kate Elizabeth and Bontrager Eric Eugene
Bought by
Peltz Cameron
Seller's Agent
Marsha Schuman
Washington Fine Properties, LLC
Buyer's Agent
Shandon Goodwin
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$405,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,834
Avg. Annual Appreciation
2.08%
Original Mortgage
$299,700
Outstanding Balance
$271,341
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$134,493

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 29, 2017
Sold by
Tuveson Eric A and Tuveson William
Bought by
Ryan Kate Elizabeth and Bontrager Eric Eugene
Seller's Agent
Mary Zitello
Compass
Buyer's Agent
Michael Gonzalez
Perennial Real Estate
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$342,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Tuveson Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
930 Wayne Avenue Lp
Bought by
Tuveson Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
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
Peltz Cameron $370,000 Rgs Title Of Bethesda
Ryan Kate Elizabeth $360,000 Champions Title & Settlement
Tuveson Eric A $358,050 --
Tuveson Eric A $358,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peltz Cameron $299,700
Previous Owner Ryan Kate Elizabeth $342,000
Previous Owner Tuveson Eric A $175,000
Previous Owner Tuveson Eric A $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $370,000 0.0% $384 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/17/2021 04/17/21 Price Changed $370,000 -2.6% $384 / Sq Ft
03/25/2021 03/25/21 Price Changed $379,900 -5.0% $394 / Sq Ft
03/04/2021 03/04/21 For Sale $399,900 +11.1% $415 / Sq Ft
06/30/2017 06/30/17 Sold $360,000 +3.2% $374 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $349,000 -- $362 / 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 $4,255 $365,333 -- --
2024 $4,255 $360,000 $108,000 $252,000
2023 $4,894 $355,333 $0 $0
2022 $3,284 $350,667 $0 $0
2021 $6,455 $346,000 $103,800 $242,200
2020 $6,006 $326,000 $0 $0
2019 $2,776 $306,000 $0 $0
2018 $3,228 $286,000 $85,800 $200,200
2017 $3,346 $286,000 $0 $0
2016 $2,911 $286,000 $0 $0
2015 $2,911 $286,000 $0 $0
2014 $2,911 $286,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marsha Schuman

    Seller's Agent in 2021

    Marsha Schuman

    Washington Fine Properties

    (301) 943-9731

    1 in this area

    88 Total Sales

    Marsha Schuman
    Section Image

  • S

    Buyer's Agent in 2021

    Shandon Goodwin

    Long & Foster

    (202) 415-1161

    1 in this area

    3 Total Sales

    Shandon Goodwin
    Section Image
  • Mary Zitello

    Seller's Agent in 2017

    Mary Zitello

    Compass

    (202) 549-7515

    1 in this area

    21 Total Sales

    Mary Zitello
    Section Image
  • Michael Gonzalez

    Buyer's Agent in 2017

    Michael Gonzalez

    Perennial Real Estate

    (301) 346-0926

    106 Total Sales

    Michael Gonzalez
    Section Image
See All Agents

About The Crescent

Map

Source: Bright MLS

MLS Number: MDMC745906

Bright MLS

APN: 13-03579100

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 408, Silver Spring, MD

Not Listed for Sale

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