RENTED OCT 1, 2025

Estimated Value: $379,000 - $492,000

2 Beds
2 Baths
1,002 Sq Ft
2006 Built

Last Sold August 21, 2012

Last sale price $300,000 $299 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,767/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Sligo Creek Elementary School Rated A
  • Colonial Architecture
  • Upgraded Countertops

About This Home

As of October 2025

RARE GEM in LOFTS 24 Condominium. Sophisticated, 2-level rental available in downtown Silver Spring. Soaring ceiling height and floor-to-ceiling windows. Main level boasts gleaming hardwood floors throughout, main bedroom, full bath, dining area, spacious living room, and kitchen with stainless steel appliances. 2nd Fl loft overlooks main level and has a full second bathroom, plus additional closet space. Carpet replaced in bedrooms just last year. Cozy balcony. Convenient location, walk to metro, shops, entertainment and more! In-unit washer and dryer. Pets on a case-by-case basis. Move-in date flex in Sept. MUST HAVE EXCELLENT CREDIT. (photos are of unit prior to current tenant)

Last Agent to Rent the Property

Liza Pastore

(202) 999-8539 liza@goodmanrealtors.com Smart Realty, LLC License #SP98375449 Listed on: 08/31/2025

Smart Realty, LLC

Last Renter's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.com Unrepresented Buyer Office

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Home Design

  • Loft
  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,002 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Partially Furnished
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,100
  • $150 Move-In Fee
  • Tenant pays for cable TV, all utilities
  • The owner pays for association fees, insurance
  • Rent includes common area maintenance, grounds maintenance, hoa/condo fee, partly furnish, taxes
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 9/1/25
  • $50 Application Fee
  • $50 Repair Deductible
  • Assessor Parcel Number 161303528817

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior building maintenance, management, insurance, parking fee, reserve funds, sewer, snow removal, trash, water
  • The Lofts Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Date Available: 2025-09-01
  • Application Fee: 50.00
  • Furnished: Partially
  • Owner Pays: Association Fees, Insurance
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Grounds Maintenance, Hoa/Condo Fee, Partly Furnish, Taxes
  • Security Deposit: 3100.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 150.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Colonial, Loft
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 8/31/2025 12:00:00 AM
  • Year Built: 2006
  • Repair Deductible: 50.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1002
  • Living Area Sq Ft: 1002
  • Price Per Sq Ft: 2.99
  • Above Grade Finished Sq Ft: 1002
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Zoning: MONTGOMERY

Tax Info

  • Assessor Parcel Number: 161303528817

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2016
Sold by
Shahsavarian Veena A and Wu Deanie P
Bought by
Shahsavarian Veena A
Current Estimated Value
$448,745

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
Outstanding Balance
$138,512
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$310,233

Purchase Details

Closed on
Jun 28, 2014
Sold by
Wu Deanie P
Bought by
Wu Deanie P and Shahsavarian Veena

Purchase Details

Listed on
Apr 27, 2012
Closed on
Sep 19, 2012
Sold by
Shahsavarian Farrokh
Bought by
Wu Deanie P
Seller's Agent
Abel Vergara
Home-Pro Realty, Inc.
Buyer's Agent
Bertha Jaramillo
Home-Pro Realty, Inc.
List Price
$241,500
Sold Price
$300,000
Premium/Discount to List
$58,500
24.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Mab Llc
Bought by
Shahsavarian Farrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,910
Interest Rate
9.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Mab Llc
Bought by
Shahsavarian Farrokh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,910
Interest Rate
9.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shahsavarian Veena A -- Attorney
Wu Deanie P -- Sms Title & Escrow Llc
Wu Deanie P $300,000 --
Shahsavarian Farrokh $449,900 --
Shahsavarian Farrokh $449,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shahsavarian Veena A $175,000
Previous Owner Shahsavarian Farrokh $404,910
Previous Owner Shahsavarian Farrokh $404,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Rented $3,000 0.0% --
09/02/2025 09/02/25 Price Changed $3,000 -3.2% $3 / Sq Ft
08/31/2025 08/31/25 For Rent $3,100 +5.1% --
08/15/2024 08/15/24 Rented $2,950 0.0% --
08/10/2024 08/10/24 Under Contract -- -- --
08/08/2024 08/08/24 For Rent $2,950 0.0% --
08/07/2024 08/07/24 Price Changed $2,950 +31.1% $3 / Sq Ft
07/28/2013 07/28/13 Rented $2,250 0.0% --
07/28/2013 07/28/13 Under Contract -- -- --
05/15/2013 05/15/13 For Rent $2,250 0.0% --
08/21/2012 08/21/12 Sold $300,000 0.0% $223 / Sq Ft View Prior Sale
05/02/2012 05/02/12 Pending -- -- --
04/29/2012 04/29/12 Off Market $300,000 -- --
04/27/2012 04/27/12 For Sale $241,500 -- $180 / 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 $4,986 $423,333 -- --
2024 $4,986 $420,000 $126,000 $294,000
2023 $5,581 $411,667 $0 $0
2022 $3,251 $403,333 $0 $0
2021 $3,801 $395,000 $118,500 $276,500
2020 $3,745 $390,000 $0 $0
2019 $3,686 $385,000 $0 $0
2018 $3,637 $380,000 $114,000 $266,000
2017 $3,808 $380,000 $0 $0
2016 -- $380,000 $0 $0
2015 $4,225 $380,000 $0 $0
2014 $4,225 $380,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2195368

Bright MLS

APN: 13-03528817