NOT LISTED FOR SALE

The Crescent 930 Wayne Ave Unit 503 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $368,350 - $443,000

2 Beds
1 Bath
942 Sq Ft
$410/mo HOA Fee

Last Sold November 27, 2017

Last sale price $320,000 $340 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,879/month

83 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • Sligo Creek Elementary School Rated A
  • Gourmet Galley Kitchen
  • Contemporary Architecture

About This Home

As of November 2017

Move in and enjoy the serenity of your urban oasis in downtown Silver Spring. The perfect home with large living/dining room; master BR with plenty of closet space; 2nd br. can be used as a Den or studio; gourmet kitchen with granite counters; private balcony w/ amazing view; 1 reserved garage parking space. Walk to Whole Foods/Giant/Safeway, shopping, movies, entertainment, restaurants, & METRO.

Last Agent to Sell the Property

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass Listed on: 08/02/2017

Compass

Last Buyer's Agent

Michael Gonzalez

(301) 346-0926 michael.gonzalez@redfin.com Perennial Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 2006

Lot Details

  • Southwest Facing Home
  • Property is in very good condition

HOA Fees

  • $410 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 942 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Combination Dining and Living Room
  • Den

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Parking

  • Subterranean Parking
  • Parking Space Number Location: B3-39

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Wheelchair Height Mailbox
  • Entry Slope Less Than 1 Foot

Outdoor Features

Schools

  • Sligo Creek Elementary School
  • Northwood High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303579166

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, reserve funds, sewer, snow removal, water
  • 143 Units
  • High-Rise Condominium
  • Crescent Codm Community
  • Crescent Subdivision
  • The community has rules related to covenants, moving in times

Amenities

  • Concierge
  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,296

Year Built

Built in 2006

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, Elevator, Entry Slope <1', Wheelchair Height Mailbox
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Galley, Kitchen - Gourmet, Breakfast Area, Combination Dining/Living, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Window Treatments, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Study
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 942
  • Living Area Sq Ft: 942
  • Price Per Sq Ft: 339.70
  • Above Grade Finished Sq Ft: 942
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Pool Private: No
  • View: Scenic Vista, City, Street
  • View: Yes
  • 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: B3-39
  • Garage Features: Underground

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
  • Security: Desk In Lobby, Intercom, Main Entrance Lock, Security Gate, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 410.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Concierge, Elevator, Exercise Room, Meeting Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Rules: Covenants, Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: SLIGO CREEK
  • High School: NORTHWOOD

Lot Info

  • Improvement Assessed Value: 195300.00
  • Land Assessed Value: 83700.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CBD2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14105647
  • Tax Annual Amount: 3295.76
  • Assessor Parcel Number: 161303579166
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Nov 24, 2017
Sold by
Bahr Adam J
Bought by
Li Guo Xiao and Lin Lu
Seller's Agent
Carmen Fontecilla
Compass
Buyer's Agent
Michael Gonzalez
Perennial Real Estate
List Price
$354,900
Sold Price
$320,000
Premium/Discount to List
-$34,900
-9.83%
Current Estimated Value
$396,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,088
Avg. Annual Appreciation
2.70%
Original Mortgage
$160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Bahr Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
930 Wayne Avenue Lp
Bought by
Bahr Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
Li Guo Xiao $320,000 Title Forward
Bahr Adam J $369,900 --
Bahr Adam J $369,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Guo Xiao $160,000
Previous Owner Bahr Adam J $110,000
Previous Owner Bahr Adam J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $320,000 0.0% $340 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/20/2017 10/20/17 Price Changed $320,000 -5.3% $340 / Sq Ft
10/06/2017 10/06/17 Price Changed $338,000 -0.3% $359 / Sq Ft
09/20/2017 09/20/17 Price Changed $339,000 -4.5% $360 / Sq Ft
08/26/2017 08/26/17 For Sale $354,900 0.0% $377 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $355,000 -- $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 $4,596 $359,000 $107,700 $251,300
2024 $4,596 $389,000 $116,700 $272,300
2023 $5,094 $372,333 $0 $0
2022 $2,867 $355,667 $0 $0
2021 $3,149 $339,000 $101,700 $237,300
2020 $5,848 $319,000 $0 $0
2019 $2,697 $299,000 $0 $0
2018 $3,149 $279,000 $83,700 $195,300
2017 $2,604 $279,000 $0 $0
2016 $2,823 $279,000 $0 $0
2015 $2,823 $279,000 $0 $0
2014 $2,823 $279,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carmen Fontecilla

    Seller's Agent in 2017

    Carmen Fontecilla

    Compass

    (301) 908-6672

    69 in this area

    281 Total Sales

    Carmen Fontecilla
    Section Image
  • Michael Gonzalez

    Buyer's Agent in 2017

    Michael Gonzalez

    Perennial Real Estate

    (301) 346-0926

    106 Total Sales

    Michael Gonzalez
    Section Image
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About The Crescent

Map

Source: Bright MLS

MLS Number: 1000054583

Bright MLS

APN: 13-03579166

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

930 Wayne Ave Unit 503, Silver Spring, MD

Not Listed for Sale

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