tomo logo

$425,000

Beds
2
Baths
2.0
sq ft
1,040

3850 Clara Downey Ave Unit 14, Silver Spring, MD 20906

3850 Clara Downey Ave Unit 14

SILVER SPRING, MD 20906

  • 23 days on market
Don't miss this stunning condominium in a great and convenient location. Close to public transportation and only a few minutes from the ICC/I-200. This 2 bedroom and 2 full bath condo is on the first floor and it features an upgraded kitchen with SS appliances, waterfall quartz counter tops, gas stove, backsplash, crown molding, recessed lighting. Relax in the spacious primary bedroom with private bath featuring Calacata porcelain slabs abd a customized walk-in closet. The hall bath was also fully remodeled. Washer/dryer in unit. Schedule your showing now, You will be delighted!!

Details

Property type

Condominium

Est. home value

$367,999

Lot size

Unknown

Price per sq ft

$409

Year built

2014

Annual property taxes

$4,501

Monthly HOA fee

$100

Price History

06/14/2024

Bright #MDMC2134642

Price change
$425,000
+2.41%
06/14/2024

Bright #MDMC2134642

Listed
$415,000
+22.78%
12/10/2021

Bright #MDMC2016838

Sold
$338,000
+14.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$134,831
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$256,169
Cash to seller
$134,831

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homespire Mortgage Corp

Loan start date

December 2021

Original loan amount

$270,400

Est. remaining balance

$256,169

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Elizabeth Chavez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/26/2024 at 2:55 PM

Listing updated: 06/17/2024 at 4:44 PM

Listed by: Ana P Chicas, Argent Realty, LLC Phone #: (240) 913-8110

MLS: Bright #MDMC2134642

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