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$327,500

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

  • 31 days on market
Situated in the heart of downtown Silver Spring, this sun-filled one-bedroom, one-bath condominium in the Crescent Condominium offers a wealth of amenities. The kitchen features sleek granite countertops and a breakfast bar that opens to a spacious living and dining area adorned with floor-to-ceiling windows. The bedroom includes two closets and direct access to the bathroom for added convenience. The Seller has paid for rental parking in the garage until Sept 2025 for added convenience. Enjoy the ease of in-unit laundry alongside building perks like a fitness center, a party room with a ping-pong table, outdoor seating, a bike rack, and more. The building is pet friendly and FHA approved. The Crescent Condominium is just a block away from Whole Foods, CVS, a newly renovated library, and a variety of fantastic restaurants and shops. Plus, it's only three blocks to the Silver Spring Metro for a hassle-free commute around the DMV.

Details

Property type

Condominium

Est. home value

$324,336

Lot size

Unknown

Price per sq ft

$407

Year built

2006

Annual property taxes

$3,503

HOA

No

Price History

10/15/2024
Bright

Bright #MDMC2152314

Listed
$327,500
+12.93%
09/01/2021
Bright

Bright #MDMC763110

Sold
$290,000
+10.69%
07/08/2015
Bright

Bright #1002328805

Sold
$262,000

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

$85,448
Asking price
$327,500
Closing costs (~8% of asking)
-$26,200
Est. remaining loan balance
-$215,852
Cash to seller
$85,448

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

$215,852

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: 11/15/2024 at 1:05 AM

Listing updated: 10/18/2024 at 11:34 AM

Listed by: Elysia L Casaday, Compass Phone #: (301) 298-1001

MLS: Bright #MDMC2152314

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