NOT LISTED FOR SALE

Estimated Value: $467,000 - $497,000

2 Beds
2 Baths
1,084 Sq Ft
$683/mo HOA Fee

Last Sold December 13, 2024

Last sale price $470,000 $434 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,753/month

47 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Sligo Creek Elementary School Rated A
  • Contemporary Architecture
  • Party Room

About This Home

As of December 2024

Welcome to your urban oasis in downtown Silver Spring! Experience modern, luxury living at the Silverton, an upscale community offering top-notch amenities such as an outdoor pool, party room, fitness center, dog run, and on-site building management.

Unit 312 is a bright and spacious 2-bedroom, 2-bathroom condominium. The well-designed layout maximizes both space and functionality. The living area, filled with natural light, is perfect for entertaining guests. The kitchen features stainless steel appliances, granite countertops, and a separate pantry for additional storage.

Both bedrooms are located on opposite sides of the unit, ensuring privacy and tranquility. The primary suite includes a large walk-in closet, while the second bedroom also offers generous closet space. The updated bathrooms are elegantly appointed with modern finishes. The unit includes a full-size, in-unit laundry, newly updated HVAC, new refrigerator and microwave, and two assigned garage parking spaces.

Situated in the heart of downtown Silver Spring, this condo offers the ultimate urban lifestyle. With a walk score of 93, you’ll have easy access to a vibrant array of shopping, dining, and entertainment options right at your doorstep. The Silver Spring Metro station is just one block away, making this location a commuter’s dream.

For those who love the outdoors, Jesup Blair Park is a short walk away, featuring picnic areas, tennis and basketball courts, walking trails, and playing fields.

Don’t miss the chance to make this remarkable condo your own!

Last Listed By

Kevin Lee

Compass License #681869 Listed on: 09/27/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 2006

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 1,084 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161303539172

Community Details

Overview

  • Association fees include common area maintenance, gas, water, sewer, snow removal, pool(s), management, insurance, trash
  • Mid-Rise Condominium
  • Silverton Codm Community
  • Silverton Codm Subdivision

Amenities

  • Common Area
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,674

Year Built

Built in 2006

Lot Details

0

HOA Fees

$683 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to your urban oasis in downtown Silver Spring! Experience modern, luxury living at the Silverton, an upscale community offering top-notch amenities such as an outdoor pool, party room, fitness center, dog run, and on-site building management. Unit 312 is a bright and spacious 2-bedroom, 2-bathroom condominium. The well-designed layout maximizes both space and functionality. The living area, filled with natural light, is perfect for entertaining guests. The kitchen features stainless steel appliances, granite countertops, and a separate pantry for additional storage. Both bedrooms are located on opposite sides of the unit, ensuring privacy and tranquility. The primary suite includes a large walk-in closet, while the second bedroom also offers generous closet space. The updated bathrooms are elegantly appointed with modern finishes. The unit includes a full-size, in-unit laundry, newly updated HVAC, new refrigerator and microwave, and two assigned garage parking spaces. Situated in the heart of downtown Silver Spring, this condo offers the ultimate urban lifestyle. With a walk score of 93, you’ll have easy access to a vibrant array of shopping, dining, and entertainment options right at your doorstep. The Silver Spring Metro station is just one block away, making this location a commuter’s dream. For those who love the outdoors, Jesup Blair Park is a short walk away, featuring picnic areas, tennis and basketball courts, walking trails, and playing fields. Don’t miss the chance to make this remarkable condo your own!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Interior Amenities: Kitchen - Table Space, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1084
  • Living Area Sq Ft: 1084
  • Price Per Sq Ft: 460.33
  • Above Grade Finished Sq Ft: 1084
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1201

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, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 683.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Party Room, Exercise Room, Security, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Water, Sewer, Snow Removal, Pool(s), Management, Insurance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: CBD2
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4674.00
  • Assessor Parcel Number: 161303539172
  • Tax Total Finished Sq Ft: 1084
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/13/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 13, 2024
Sold by
Lovejoy Ruth T
Bought by
Camacho Francisco Joaquin and Platt Jamie Lynn
Seller's Agent
Kevin Lee
Compass
Buyer's Agent
Amanda Yoseph
HomeSmart
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Total Days on Market
47
Views
48
Current Estimated Value
$480,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,271
Avg. Annual Appreciation
7.57%
Original Mortgage
$376,000
Outstanding Balance
$375,347
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$107,167

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 21, 2017
Sold by
Moussa Wael S and Marier Allison Fg
Bought by
Lovejoy Ruth T
Seller's Agent
Deborah Cheshire
TTR Sotheby's International Realty
Buyer's Agent
Sandy Rosengarden
Century 21 Redwood Realty
List Price
$376,000
Sold Price
$402,500
Premium/Discount to List
$26,500
7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$277,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2014
Closed on
Dec 29, 2014
Sold by
Ganoza Alejandro and Ganoza Sara
Bought by
Moussa Wael S and Marier Allison F
Seller's Agent
Alex Ganoza
Realty Advantage
Buyer's Agent
Brian Cusick
Keller Williams Capital Properties
List Price
$409,000
Sold Price
$376,000
Premium/Discount to List
-$33,000
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$357,200
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Silver Spring Square Llc
Bought by
Ganoza Alejandro and Kafka Sara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,560
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2006
Sold by
Silver Spring Square Llc
Bought by
Ganoza Alejandro and Kafka Sara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,560
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Camacho Francisco Joaquin $470,000 First American Title
Camacho Francisco Joaquin $470,000 First American Title
Lovejoy Ruth T $402,500 Fereral Title & Escrow Co
Moussa Wael S $376,000 Commonwealth Land Title Ins
Ganoza Alejandro $480,800 --
Ganoza Alejandro $480,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camacho Francisco Joaquin $376,000
Closed Camacho Francisco Joaquin $376,000
Previous Owner Lovejoy Ruth T $215,600
Previous Owner Lovejoy Ruth T $277,500
Previous Owner Moussa Wael S $357,200
Previous Owner Ganoza Alejandro $336,560
Previous Owner Ganoza Alejandro $336,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $470,000 -5.8% $434 / Sq Ft
09/27/2024 09/27/24 For Sale $499,000 +24.0% $460 / Sq Ft
04/21/2017 04/21/17 Sold $402,500 +7.0% $371 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $376,000 0.0% $347 / Sq Ft
12/29/2014 12/29/14 Sold $376,000 -3.5% $347 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/30/2014 09/30/14 Price Changed $389,500 -4.8% $359 / Sq Ft
08/15/2014 08/15/14 For Sale $409,000 -- $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
2024 $4,674 $395,000 $118,500 $276,500
2023 $3,981 $395,000 $118,500 $276,500
2022 $3,184 $395,000 $118,500 $276,500
2021 $3,783 $395,000 $118,500 $276,500
2020 $3,615 $380,000 $0 $0
2019 $3,444 $365,000 $0 $0
2018 $3,282 $350,000 $105,000 $245,000
2017 $3,127 $336,667 $0 $0
2016 -- $323,333 $0 $0
2015 $3,089 $310,000 $0 $0
2014 $3,089 $306,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2150258

Bright MLS

APN: 13-03539172