$179,000

Estimated payment $2,059/month

Total Views 14,259
2 Beds
2 Baths
1,054 Sq Ft
$170 Price per Sq Ft

Highlights

  • 24-Hour Security
  • City View
  • Open Floorplan
  • Montgomery Knolls Elementary School Rated A
  • Contemporary Architecture
  • 4-minute walk to New Hampshire Estates Neighborhood Park

About This Home

A Real Estate Investment Opportunity to Expand Your Rental Portfolio in Silver Spring, Montgomery County, MD zip code 20903. Investor, you do not need to do anything, just find a happy tenant!! Sunlight filled with 2 bedrooms and 2 baths, 1054 sf condominium unit features a foyer, full kitchen, dining room, living room and a balcony to enjoy. The living room with a sliding door opens to the balcony. ALL NEW: Kitchen- Maple cabinets w/Quartz Countertop & Kitchen Island (Breakfast Bar) open to the Dining room/Living room. New Flooring & Molding for the entire unit include Bathrooms / Walk in Closets / Kitchen. Wall-to-wall painting for a fully refreshed interior, Primary bathroom and 2nd bathroom (Tub, wall tiles, faucet, painting, flooring, vanity, toilet, 2 Bathrooms-LED Mirror lights, wall cabinet and hardware and all beautiful interior lights. The condo building provides a common laundry facility and access to a social room. With easy access to bus routes, shopping and entertainment. Located close to Downtown DC, Downtown Silver Spring. Conveniently located near 495 & Interstate 95, Takoma Park & Silver Spring Metro. This condo community is near the new purple line metro, close to Silver Spring downtown and the Metro bus passing right on the main road. The new purple line is being built currently. Notice of Special Assessments for Year 2025. CASH OR PRIVATE FINANCING ONLY! Please contact LA for info. This condo listed on MLS as Residential Lease too- MLS# MDMC2168288

Listing Agent

Kyung Hee Jung

Kay Realty, LLC License #595293

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1971 | Remodeled in 2025

HOA Fees

  • $921 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,054 Sq Ft Home
  • Property has 1 Level
  • Window Treatments
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Monitored

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Assigned parking located at #B8
  • Parking Lot
  • Parking Permit Included
  • 1 Assigned Parking Space

Outdoor Features

  • Playground

Utilities

  • Convector
  • Convector Heater
  • Natural Gas Water Heater
  • Phone Available

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161301777424

Community Details

Overview

  • $875 Capital Contribution Fee
  • Association fees include a/c unit(s), air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, insurance, laundry, lawn maintenance, management, parking fee, reserve funds, road maintenance, sewer, snow removal, trash, water
  • 2 Elevators
  • High-Rise Condominium
  • Pineway Towers Codm Condos
  • Pineway Towers Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,671

Year Built

Built in 1971 | Remodeled in 2025

Lot Details

0

HOA Fees

$921 per month

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
  • Exclusions: Beaucarnea recurvata (A Elephant's foot plant)
  • Historic: No
  • Inclusions: All included.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-03-14
  • Federal Flood Zone: No
  • Year Built: 1971
  • Year Renovated: 2025
  • Assigned Parking Space Numbers: B8
  • Building Winterized: No
  • Remarks Public: A Real Estate Investment Opportunity to Expand Your Rental Portfolio in Silver Spring, Montgomery County, MD zip code 20903. Investor, you do not need to do anything, just find a happy tenant!! Sunlight filled with 2 bedrooms and 2 baths, 1054 sf condominium unit features a foyer, full kitchen, dining room, living room and a balcony to enjoy. The living room with a sliding door opens to the balcony. ALL NEW: Kitchen- Maple cabinets w/Quartz Countertop & Kitchen Island (Breakfast Bar) open to the Dining room/Living room. New Flooring & Molding for the entire unit include Bathrooms / Walk in Closets / Kitchen. Wall-to-wall painting for a fully refreshed interior, Primary bathroom and 2nd bathroom (Tub, wall tiles, faucet, painting, flooring, vanity, toilet, 2 Bathrooms-LED Mirror lights, wall cabinet and hardware and all beautiful interior lights. The condo building provides a common laundry facility and access to a social room. With easy access to bus routes, shopping and entertainment. Located close to Downtown DC, Downtown Silver Spring. Conveniently located near 495 & Interstate 95, Takoma Park & Silver Spring Metro. This condo community is near the new purple line metro, close to Silver Spring downtown and the Metro bus passing right on the main road. The new purple line is being built currently. Notice of Special Assessments for Year 2025. CASH OR PRIVATE FINANCING ONLY! Please contact LA for info. This condo listed on MLS as Residential Lease too- MLS# MDMC2168288
  • Washer Dryer Hookups YN: No
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 8
  • Flooring Type: Laminate Plank
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Kitchen - Island, Walk-In Closet(s), Window Treatments
  • Window Features: Sliding
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 1054
  • Living Area Sq Ft: 1054
  • Price Per Sq Ft: 169.83
  • Above Grade Finished Sq Ft: 1054
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8830

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: Combination
  • Exterior Features: Play Area
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Permit Included
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector
  • Heating Fuel: Natural Gas
  • Heating Type: Convector
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, 24 Hour Security, Monitored, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 921.44
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PINEWAY TOWERS CODM
  • HOA Condo Co-Op Amenities: Security
  • HOA Condo Co-Op Fee Includes: A/C Unit(s), Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Laundry, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 875.47

Schools

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

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: R10
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1671.00
  • Assessor Parcel Number: 161301777424
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,671 $140,000 $42,000 $98,000
2023 $2,303 $135,000 $0 $0
2022 $1,048 $130,000 $0 $0
2021 $737 $125,000 $37,500 $87,500
2020 $699 $121,667 $0 $0
2019 $660 $118,333 $0 $0
2018 $626 $115,000 $34,500 $80,500
2017 $560 $110,000 $0 $0
2016 -- $105,000 $0 $0
2015 $699 $100,000 $0 $0
2014 $699 $100,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $2,290 -8.0% $2 / Sq Ft
03/17/2025 03/17/25 Price Changed $2,490 -7.4% $2 / Sq Ft
03/14/2025 03/14/25 For Rent $2,690 0.0% --
03/14/2025 03/14/25 For Sale $179,000 +88.4% $170 / Sq Ft
12/23/2024 12/23/24 Sold $95,000 -17.0% $90 / Sq Ft
11/20/2024 11/20/24 Off Market $114,500 -- --
11/19/2024 11/19/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $114,500 -8.8% $109 / Sq Ft
04/14/2017 04/14/17 Sold $125,500 -5.6% $119 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $132,900 -- $126 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $95,000 International Title
Deed $95,000 International Title
Deed $125,500 Gemini Title & Escrow Inc
Foreclosure Deed $109,060 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,300 New Conventional
Previous Owner $120,000 Stand Alone Second
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2169390

Bright MLS

APN: 13-01777424