tomo logo

$295,000

Beds
1
Baths
1.0
sq ft
805

930 Wayne Ave Unit 407, Silver Spring, MD 20910

930 Wayne Ave Unit 407

SILVER SPRING, MD 20910

  • 37 days on market
    • Price drop $5,000↓
​PRIME LOCATION AND IMMEDIATE OCCUPANCY! This charming one-bedroom, one-bathroom condominium located in downtown Silver Spring is the ​unit you’ve been waiting for​! Upon entry the unit welcomes with an abundance of natural light beaming from the floor-to-ceiling windows. The kitchen is equipped with sleek granite countertops,​ stainless steel appliances, a breakfast bar, and ample cabinetry for all your storage needs. Completing the unit are a spacious bedroom, a well-appointed bathroom, and the convenience of an in-unit washer and dryer. The building offers a wide range of amenities including a fitness center,​ business center, a bike rack, outdoor seating areas, and a party room. Ideally situated within walking distance of Whole Foods, CVS, the Silver Spring Metro, as well as various shopping and dining options​. This condo perfectly balances convenience​, value, and comfort. Don’t miss out—​ schedule your showing today!

Details

Property type

Condominium

Est. home value

$324,336

Lot size

Unknown

Price per sq ft

$367

Year built

2006

Annual property taxes

$3,503

HOA

No

Price History

03/21/2025
Bright

Bright #MDMC2166682

Price change
$295,000
-1.67%
02/22/2025
Bright

Bright #MDMC2166682

Listed
$300,000
-3.07%
02/17/2025
Bright

Bright #MDMC2165410

Removed
$309,500
-2.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$57,335
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$214,065
Cash to seller
$57,335

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

Seller’s Loan History

Lender

Meridian Bank

Loan start date

September 2021

Original loan amount

$232,000

Est. remaining balance

$214,065

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Andrew M Mayeda

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: 03/31/2025 at 3:00 PM

Listing updated: 03/21/2025 at 12:46 PM

Listed by: John L Lesniewski, RE/MAX United Real Estate Phone #: (301) 702-4200

MLS: Bright #MDMC2166682

Bright logo