tomo logo

$175,000

Beds
1
Baths
1.0
sq ft
809

614 Sligo Ave Unit 503, Silver Spring, MD 20910

614 Sligo Ave Unit 503

SILVER SPRING, MD 20910

  • 63 days on market
Welcome to your urban oasis! This beautifully updated one-bedroom, one-bathroom condo is the epitome of modern comfort and convenience. Lovely bright and airy living space, thoughtfully designed to maximize both style and functionality. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere perfect for entertaining or relaxation. The bedroom offers tranquility, generous closet space, and large windows that flood the room with natural light. The adjacent bathroom exudes luxury with its modern fixtures, elegant tilework, and a spacious vanity. Additional highlights of this condo include in-unit laundry facilities, and assigned parking. Plus, with its prime location in the heart of Silver Spring, you'll enjoy easy access to shopping, dining, entertainment, and public transportation options. Leased at $1900 / mo

Details

Property type

Condominium

Est. home value

$221,613

Lot size

Unknown

Price per sq ft

$217

Year built

1966

Annual property taxes

$1,876

HOA

No

Price History

04/27/2024

Bright #MDMC2126256

Listed
$175,000
+59.09%
02/28/2022

Bright #MDMC752704

Sold
$110,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

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

$82,313
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$78,687
Cash to seller
$82,313

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

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

February 2022

Original loan amount

$82,500

Est. remaining balance

$78,687

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Aakanksha Khullar and Apeksha Khullar

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: 06/29/2024 at 8:20 AM

Listing updated: 05/30/2024 at 2:31 PM

Listed by: Jordan Parker, RLAH @properties Phone #: (202) 518-8781

MLS: Bright #MDMC2126256

Bright logo

Recently listed in SILVER SPRING