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$223,770Estimated home value

Beds
2
Baths
1.0
sq ft
881

8601 Manchester Rd Unit 205, Silver Spring, MD 20901

8601 Manchester Rd Unit 205

SILVER SPRING, MD 20901

  • Sold On 10/9/2024
2 bedroom 1 bath condo minutes from Downtown Silver Spring. New engineered wood floors throughout and fresh paint. Open living and dining area with galley kitchen. Two bedrooms in the rear with carpet and large windows provide lots of natural light. Full bath with tub/shower combo. Plenty of closet space for extra storage. Condo fee includes water, gas and electric. Parking space in the rear. Laundry room on each floor. Pet friendly building. Conveniently located steps to the coming soon Purple Line light rail train system. Condo fee to be verified

Details

Property type

Condominium

Est. home value

$223,770

Lot size

Unknown

Price per sq ft

$226

Year built

1958

Annual property taxes

$1,783

HOA

No

Price History

10/08/2024
Bright

Bright #MDMC2144428

Sold
$187,000
-6.03%
10/05/2024
Bright

Bright #MDMC2144428

Pending
$199,000
08/17/2024
Bright

Bright #MDMC2144428

Listed
$199,000
+31.35%

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

$51,217
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$131,863
Cash to seller
$51,217

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

February 2021

Original loan amount

$143,925

Est. remaining balance

$131,863

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Anastazyia Vareschi

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: Off Market

Tomo last checked: 11/15/2024 at 8:55 PM

Listing updated: 10/09/2024 at 5:10 AM

Listed by: Rhonda L Mortensen, Compass Phone #: (301) 304-8444

MLS: Bright #MDMC2144428

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