NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 501 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $309,448 - $354,000

1 Bed
1 Bath
804 Sq Ft
$451/mo HOA Fee

Last Sold April 19, 2022

Last sale price $310,000 $386 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,477/month

9 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Wood Flooring
  • Sligo Creek Elementary School Rated A
  • Traditional Floor Plan
  • Billiard Room

About This Home

As of April 2022

Great locations! ! Must come to see! Welcome to the Urban living in the center of downtown Silver Spring! Surrounded by shops, restaurants, cinema, Whole Food, Library and much more! This cute, bright, cozy 1 bedroom and 1 full bath condo has been spruced up with new wood floor and paint throughout. The dining/living in open floor plan, the kitchen has granite countertops with a lot of functional counter space. sun-filled bright natural light illuminate all throughout! Spacious bedroom with double windows can easily accommodate a king size bed and 2 big closets. living room with access to balcony, washer & dryer are located in the unit for your convenience. 1 assigned garage parking space (B1-12 ) is included. The Crescent is a pet-friendly building with an on-site manager. Residents enjoy access to the building's fitness center, billiard room, party room, lounge and a bike rack in the underground garage. Blocks from metro, bus, Safeway, Giant and more! You will love the convenience of transportation, shopping and dining all right outside your front door.

Last Agent to Sell the Property

Ping Wan

(240) 515-8658 pwan1965@gmail.com Samson Properties License #0225247448 Listed on: 03/10/2022

Samson Properties

Last Buyer's Agent

Philip Sturm

(301) 213-3528 psturmrltr@aol.com Long & Foster Real Estate, Inc. License #21155

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $451 Monthly HOA Fees

Parking

  • Assigned parking located at #B1-12

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Cement Siding

Interior Spaces

  • 804 Sq Ft Home
  • Traditional Floor Plan
  • Recessed Lighting
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 161303579144

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn maintenance, management, parking fee, recreation facility, reserve funds, snow removal, trash, water
  • 144 Units
  • High-Rise Condominium
  • Crescent Condominium Association Condos
  • Crescent Codm Community
  • Crescent Subdivision
  • Property Manager
  • Property has 5 Levels

Amenities

  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,503

Year Built

Built in 2006

Lot Details

0

HOA Fees

$451 per month

Parking

1

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
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: B1-12
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer - Electric, Microwave, Oven - Single, Oven/Range - Gas, Range Hood, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile, Laminated
  • Interior Amenities: Combination Dining/Living, Elevator, Floor Plan - Traditional, Kitchen - Galley, Pantry, Recessed Lighting, Tub Shower, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 5
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 804
  • Living Area Sq Ft: 804
  • Price Per Sq Ft: 383.08
  • 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, Below Grade
  • Construction Materials: Cement Siding, Concrete, Mixed
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Underground, Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 451.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Crescent Condominium Association
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Management, Parking Fee, Recreation Facility, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: CBD2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3503.00
  • Assessor Parcel Number: 161303579144
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 19, 2022
Sold by
Hua Lin
Bought by
Christakos Stephen N
Seller's Agent
Ping Wan
Samson Properties
Buyer's Agent
Philip Sturm
Long & Foster Real Estate, Inc.
List Price
$308,000
Sold Price
$310,000
Premium/Discount to List
$2,000
0.65%
Current Estimated Value
$326,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,862
Avg. Annual Appreciation
1.47%
Original Mortgage
$263,500
Outstanding Balance
$249,376
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$77,486

Purchase Details

Closed on
Mar 15, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Lin Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Lin Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.37%
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
Christakos Stephen N $310,000 Wfg National Title
Lin Hua $290,050 --
Lin Hua $290,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christakos Stephen N $263,500
Previous Owner Lin Hua $180,000
Previous Owner Lin Hua $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $310,000 +0.6% $386 / Sq Ft
03/10/2022 03/10/22 For Sale $308,000 -- $383 / 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 $3,656 $309,000 $92,700 $216,300
2024 $3,656 $309,000 $92,700 $216,300
2023 $3,657 $309,000 $92,700 $216,300
2022 $3,506 $309,000 $92,700 $216,300
2021 $3,503 $309,000 $92,700 $216,300
2020 $3,126 $292,333 $0 $0
2019 $3,126 $275,667 $0 $0
2018 $2,923 $259,000 $77,700 $181,300
2017 $2,983 $255,667 $0 $0
2016 -- $252,333 $0 $0
2015 $3,139 $249,000 $0 $0
2014 $3,139 $249,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ping Wan

    Seller's Agent in 2022

    Ping Wan

    Samson Properties

    (240) 515-8658

    1 in this area

    15 Total Sales

    Ping Wan
    Section Image
  • Philip Sturm

    Buyer's Agent in 2022

    Philip Sturm

    Long & Foster

    (301) 213-3528

    1 in this area

    94 Total Sales

    Philip Sturm
    Section Image
See All Agents

About The Crescent

Map

Source: Bright MLS

MLS Number: MDMC2037750

Bright MLS

APN: 13-03579144

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 501, Silver Spring, MD

Not Listed for Sale

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