Silverspringism

This post was inspired by a another local blogger www.ThayerAvenue.com  who posted about a ginormous McMansion going up in East Silver Spring on Thayer Avenue.                                              

Most of East Silver Spring still has "normal sized" older houses.  The few McMansions or new infill construction that we do have REALLY stand out. 

One example on Easley street is the "McMansion with no windows"  It started out as a small bungalow home built in 1928 between 2 other similar houses.  The home had a larger and deeper than average lot size of 12,180 sq ft. 

It was torn down sometime ago and remained a big watery mud hole with trash and debris in it for a few years.  I once walked by the lot and noticed they were still getting junk and other mail delivered to 701 Easley, it was strewn all over the front of the mud hole. While it was still just a hole, it caused a lot of concern and complaints from the adjoining neighbors and the neighborhood in general. 

I though they'd never build anything there.  Then all of a sudden a huge foundation went up this past year.  The picture does not do it justice - it is ENORMOUS.  Can't wait to see what it will look like when it's finished.  It will certainly stand out amongst the small old bungalows on that street.

Above Post from December 2007 


Fast Forward 2 years from this original post about the house and this house still looked the same - except for the CONDEMENDED notice on the front door from Montgomery County. The notice was posted in June or July of this year,  most likely because of the many complaints from the neighbors.

Photos from August 2009 . . . . .

Photo of the house today

WOW - The house looks a lot better this week - But still has the same condemned sign on the front door from this past summer. 

Finally after almost 5 years it is starting to look like a decent house . . . .

Somewhere in Silver Spring . . . . the skeleton house was my pick for the best Halloween Display I saw this year. 

My photos do not do it justice because they are taken in the daytime.  There are skulls mounted on the gutters with fire spewing out of them (at night) like funeral pyres.  Still can't figure out how they did that?

At night this yard really looks like a graveyard with skeletons hanging in trees, coffins, sitting in chairs, hanging from the highest window, sprawled on the ground in pieces. Someone is very talented and would be super at settting scenes.


Now that we are into November that means the annual Montgomery County Thanksgving Parade is aroung the corner.  The Parade takes place on the weekend before Thanksgiving, Saturday November 21st this year. 
Time: 9:30 a.m. to 12 noon

Save the Date for the event that heralds the beginning of the Holiday Season!
Downtown Silver Spring on Georgia Avenue from Sligo to Silver Plaza on Ellsworth Drive to Fenton Street.

There will be Marching Bands, including the Redskins Marching Band and many High Schools from around the county, Macy's Parade type Balloons, floats, vintage cars, dogs, horses, ethnic dancing groups, police groups and fire trucks with Isiah Leggett as the grand marshall this year.

The Silver Spring Regional Center is looking for volunteer help with the Parade: 
We need volunteers for the Montgomery County Thanksgiving Parade to act as balloon handlers- leading the giant Macy-like Thanksgiving balloons and dressing up in costumes to be on the floats. Also, we need assistance with set-up and break-down. 

This opportunity is great for Groups!
Small Grp: 3-10: YES
Medium Grp: 10-25: YES
Large Grp: 25-50: YES
X-Large Grp: 50+: YES

The hours are from 7:30am to 1:30pm (you need to be present the whole time) on Saturday, November 21. Dress warmly, as you will be outside. You should try and wear black as your outside layer color. Once you arrive, you will be assigned a position and given directions about your volunteer job. Volunteers meet at the new fire station at 8110 Georgia Avenue.  If you or your group is up for this Contact:
Elizabeth Gallauresi     301-793-2928     egallauresi@themodernmuse.com

The Real Estate Market in Silver Spring and Takoma Park continues to pick up momentum. The question is, have we hit bottom and are we heading out of this or is this just a short upswing before the bottom really falls out? 
I wish I had a Crystal Ball but . . . . . "Those that live by the Crystal Ball eat glass"!
    
My suggestion right now would be that if you are wanting to buy, jump in now.  You can't go wrong. If you are selling or need to sell, sell now and price your home to move fast. If this is a short upswing then you don't want to miss your chance to sell now during an upswing. How long of a window might we have?  This is another question that is begging for a Crystal Ball.  

My guess is that we might see a better market for at least the next 60 days.  The problem longer term could be interest rate increases or the increase in inventory of foreclosed homes. Either of these could have a negative impact. My suggestion is NOT to watch national trends, but focus mostly on what you see taking place in our community. This will certainly give you the best perspective on our Silver Spring or Takoma Park, Maryland Real Estate market.  Click on the chart below to get your free "Real Time" Market Stats for Silver Spring or Takoma Park:

The Grandpappy of all Celebrations in Montgomery County is the one taking place in Takoma Park, MD this weekend!

This year's Annual Takoma Park Independence Parade and Celebration, now in its 120th year, is entitled "The Belle of Takoma Park," in remembrance of longtime resident and organizer of the parade for the last 40 years, Belle Zeigler. Zeigler died Dec. 14, 2008, at age 88.


The parade begins at 10 a.m. at Carroll and Ethan Allen avenues. The parade ends at Maple and Ritchie avenues.
Concerts by Violet Says 5, Positive Vibrations and the Takoma Park Community Band will begin at 7 p.m. Parade and raffle prize winners will be announced.

Fireworks are expected to start at 9:30 p.m.
Vendors will have food for purchase during the parade and fireworks, including hotdogs, funnel cakes and ice cream.
Parking is at the community center at 7500 Maple Ave. Rain date will be the next fair-weathered day.

The photos of the July 4th Decorations on the house in East Silver Spring are of "Joe the Neighbor's" handiwork from a few years back.

Capitol View Park was Montgomery County's First Historic District.  This Old Historic Neighborhood is down by the Railroad Tracks and just past Forest Glen in the area of Silver Spring that borders Kensington, Maryland. 

In this quiet shaded glen, away from the hustle and bustle of Downtown, you will find an eclectic mix of house styles and ages, every thing from old "Sears" Bungalows, Restored 1880's Victorians, post WWII cape cods, colonials ramblers split levels and new recently built homes.

Capitol View residents can enjoy living in this "woodsy, quiet and almost rural area that is between the hustle, bustle and convenience of Downtown Silver Spring and at one end and the quaint charm of the small town of Kensington at the other end.

The newsest addition to Capitol View Park is the Forest Glen Country Store Restaurant, which sits close to the neighborhood's boundary with Forest Glen.  Robin Smith and Gillian Clark, former owners of Colorado Kitchen in the District, recently opened a restaurant in the 1880s-era general store on Post Office Road next to the Forest Glen "Castle".

More information about Capitol View Park and it's history can be found through the Capitol View Park Citizens Association and the Capitol View Park Historical Society.

Schools
Montgomery County Public Schools have a reputation as being among the best in the nation.
The public schools that serve the Capitol View Park Subdivsion are:
Oakland Terrace Elementary School
Newport Mill Middle School
Albert Einstein High School
*at the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Albert Einstein, Northwood High, John F. Kennedy and Wheaton High School.

There are also several excellent Private Schools convenient to Capitol View Park such as The Academy of the Holy Cross, Holy Cross Elementary, Grace Episcopal School and the Evergreen School to name a just a few. 


Capitol View Park Real Estate

A recent article in the Washington Post describes this area as having bounty of variety in it's architecture. 
I can say that it also have a huge variation is it's Real Estate prices.
There are 395 Single Family Houses in the Legal Subdivsion of Capitol View Park, Silver Spring, Md 20910

Real Estate in 2008
12 Homes Sold in 2008
Average List Price - $430,349
Average Sold Price - $423,000
Lowest Sold Price - $270,000
Highest Sold in 2008 - $807,500
Average Time on Market - 165 Days

Real Estate in 2009
15 Homes Sold 2009
Average List Price - 2009 - $477,720
Average Sold Price - $466,746
Lowest Sold Price - $169,290
Highest Sold - $800,000
Average Time on Market - 66 Days

Real Estate YTD 2010
7 Homes have SOLD in 2010
Average List Price 2010 - $390,629
Average Sold Price - $380,714
Lowest Sold Price - $255,000
High Sale Price - $565,500
Average Days on Market - 52


See the Homes Currently for Sale in Capitol View Park, Silver Spring, Maryland 20910

Want to Buy or Sell a Home in Silver Spring or Takoma Park?  Visit  www.SilverSpringHomeValue.com
For FREE Up to the minute Silver Spring and Takoma Park Maryland real estate market information. 

Call Debbie Cook Realtor (301) 587-3528 for expert help in navigating today's real estate market

The Seven Oaks Neighborhood in Silver Spring straddles Sligo Creek Park and 2 zip codes in Silver Spring. The boundries follow along Sligo Creek from Dale Drive and Colesville Road at Mrs. K's Tollhouse to the Silver Spring International Middle / Sligo Creek Elementary Schools on one side where the zip code is 20910.  The other side of Seven Oaks is located in the zip code 20901 and extends from Colesville Road and Sligo Creek Parkway up to and including part of Franklin Avenue.

The houses are an eclectic mix of single family homes that range from older 1920's stone tudors, spanish revival style, brick colonials, cape cods, bungalows to more modern and contemporary split levels and ramblers. 

The old original subdivision of Seven Oaks has a unique collection of Mediterranian Revival or Spanish Eclectic Style Homes on larger than average lot sizes.  The two curved stucco stuctures on Franklin Avenue still mark the Ellsworth Drive entrance to the oldest part of the subdivision. 

There are 291 Homes in the Seven Oaks Subdivision located "inside the beltway" under a canopy of towering mature native trees.  The Seven Oaks neighborhood offers ready access to Beautiful Sligo Creek Park, the Silver Spring METRO station and all the ammenties of Downtown Silver Spring.

Public Schools
The Montgomery County school system is well known as one of the best in the nation. Public schools serving the Seven Oaks Subdivision:

Highland View Elementary (in zip 20901)
Sligo Creek Elementary (in zip 20910)

Silver Spring International Middle School

Northwood High School

At the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Albert Einstein, John F. Kennedy and Wheaton.


Seven Oaks Silver Spring Real Estate

Of the 291 Single Family Houses in the Legal Subdivision of Seven Oaks there were
8 Sales in 2008

Average List Price in 2008 - $528,225
Average Sold Price 2008 - $427,500
Average Subsidy Contribution from Seller -$3,900
Average Days on Market 2008 - 77


2009 Sales in Seven Oaks 
8 Sales in 2009

Average List Price 2009 - $469,724
Average Sold Price 2009 - $475,125
Average Subsidy Contribution from Seller -$10,224
Lowest Sale Price - $183,000
Highest Sale Price - $775,000
Average Days on Market 2009 - 50


Search all Homes currently for Sale Now in the Seven Oaks Subdivsion, Silver Spring, Md 20910 & 20901

Want to Buy or Sell a Home in Silver Spring or Takoma Park, Maryland ?

Get a Free "Real Time" Market Snapshot of the Real Estate Market Activity in Silver Spring or Takoma Park:  visit www.SSMarketSnapshot.com  

South Silver Spring is triangular shaped and is bounded by Newell Street and Blair Mill Road on the northwest, the B&O Railroad right-of-way on the east and the District of Columbia line on the southwest. The South Silver Spring area is a part of the Silver Spring Central Business District (CBD). It is a combination of small scale commercial buildings and a scattering of high rise office buildings. After years of decay, South Silver Spring is being transformed into an exciting mixed use neighborhood with high tech businesses, arts oriented enterprises, new restaurants and over 1,000 new housing units. The new housing is the result of several large, adaptive re-use projects and several new residential development.

South Silver Spring is the Ultimate Walkable Neighborhood - You can live practically car-free!

Run errands in no time, including a Giant, CVS, dry cleaners.  Shop Organic at nearby Whole Foods Market and a weekly Farmer's Market (May to October).  Explore more than 100 restaurants, from fine dining to cheap eats - including highly rated favorites Ray's the Classics, Jackie's Restaurant, and Ceviche. Take in a movie at the American Film Institute's Silver Theatre and cultural center.

Bike and hike on the Capital Crescent Trail, the Metropolitan Branch Trail, and the Silver Spring Green Trail.  Work out at Gold's Gym, Washington Sports Club, LA Fitness, or Curves.

Condominums in South Silver Spring are prized for their accessibility to Metro and their lower price tag as compared to DC.

Check out these real estate market reports for condominiums in South Silver Spring:

 The Aurora 

                                                                             
8045 at Silver Spring Metro

                                                                             
The Mica

                                                                             
The Silverton

        
                   Search all Condo's for Sale in the Downtown Silver Spring Area zip code 20910

Tucked away in this wooded sylvan setting off New Hampshire Avenue near White Oak is the Neighborhood of Quaint Acres in Silver Spring, Md.  A Washington Post Article describes the setting in this neighborhood 
to a tee. 

The setting is perfect for the Mid Century Modern houses that were built there in the early to late 1950's. There are 156 Homes, most were built between 1948 and 1974 and each lot is a little over an acre. These great examples of custom built Mid-Century Modern Homes are what makes Quaint Acres a "Mid Century Modern House Lover's Paradise".

The oldest home is the original farmhouse built in 1853 where Quaint Acres Drive and Applegrove Road meet inside the Entrance to the Subdivision. The old farmhouse was the home of Altus Lacy Quaintance, the namesake for the neighborhood. 

Contemporary Mid Century Modern architects and builders such as Charles Goodman and Frank Lloyd Wright  loved to make their homes seem as if they were one with nature.  Mid Century Modern Homes have simple, clean lines without a lot of embellishments. They use natural elements like stone, wood and glass, with a lot of floor to ceiling windows and vaulted ceilings. In a lot of the Modern homes, you get the feeling that you are outdoors when you are inside them. During this time period the homes in Quaint Acres were considered the epitomy of Luxury Living, much like the New Luxury Homes are thought of today.

This is a quiet, lovely neighborhood, where you can still find homes set back from the street on gorgeous, large, wooded lots, and NO McMansions what-so-ever.

North Woodside is a true Bungalow Lovers Heaven!  Many of the homes in North Woodside are SEARS HOMES, Built between 1927 and 1940.  In North Woodside, you can find examples of almost every Sears Home built in this era. 

This Subdivision in Close-In Silver Spring has a fantastic collection of 350 single family houses within walking distance of two Metrorail stations, an award winning neighborhood public school, parks, Snider's Supermarket, two dry cleaners, Staples, CVS, Tropical Ice Cream, Armand's, the Woodside Deli and a host of other attractions on nearby Georgia Avenue.




Schools
The Montgomery County public school system is well known as one of the best in the nation. The public schools serving the North Woodside neighborhood in Silver Spring are: 
Woodlin Elementary  (k-5)
Sligo Middle School  (6-8)
Einstein High School  (8-12)
Also, at the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Northwood High, John F. Kennedy and Wheaton.

There are also some high quality Private schools convenient to the North Woodside Neighborhood:
Grace Episcopal (K-8)
Calvary Lutheran (Junior K-8)
Jewish Primary Day School (K-6)



  
North Woodside Real Estate

7 Homes Sold in 2008:

1. 4 Bedroom 3 Bath Colonial Farmhouse
    Listed Price - $769,000 Sold - $730,000
    Days on Market - 80
2. 3 Bedroom 2 Bath Colonial Farmhouse
    List Price - $733,000 Sold - $702,000
    Days on Market - 62
3. 4 Bedroom 3 Bath Expanded Bungalow
    List - $679,900 Sold - $667,000
    Days on Market - 214
4. 4 Bedroom 2 1/2 Bath Brick Cape Cod
    List - $649,000 Sold - $627,000
    Days on Market - 32
5. 4 Bedroom 2 Bath Sears Bungalow
    List - $565,000 Sold - $550,000
    Days on Market - 55
6. 2 Bedroom 2 Bath Sears Bungalow
    List - $555,000 Sold - $500,000
    Days on Market - 92
7. 4 Bedroom 2 Bath Frame Cape Cod
    List - $349,000 Sold - $335,000
    Days on Market - 224

Year to Date Sales - 2009

1. 5 Bedroom 2 1/2 Bath Bungalow
    Total Renovtion Like New - 2009
    List - $899,000 Sold - $872,000
    $5,500 Seller Subsidy
    Days on Market - 239
2. 2 Bedroom 1 Bath Bungalow
    List - $485,000 Sold - $476,000
    Days on Market - 7
3. 2 Bedroom 2 Bath Bungalow
    List - $495,000 Sold - 507,000
    Days on Market - 8

  




Search Homes for Sale currently in the North Woodside and Adjacent Montgomery Hills Neighborhood

                    Thinking of  Buying or Selling a Property in Silver Spring or Takoma Park?

                               Get a "real time" Market Analysis of Homes in the area.
                            

The Aurora Condominium project in South Silver Spring is a 145 Unit Condominium Community built by reclaiming and rehabbing 2 1950's era office buildings on Eastern Avenue just over the District of Columbia border line.

Developed by RST Development, Aurora Condominiums combined adjacent 12-story and 8-story office buildings into one integrated 143,000-square-foot residential community. The renovated twin towers are connected by a dramatic lobby and landscaped garden.  The project completely Sold out in 2006. 

Located in the heart of the new Silver Spring "arts and entertainment" district, a few blocks from Metro's Silver Spring station on the Red Line, you're close to everything you need. Units come with everything that today's buyers want: hardwood floors, ceramic tile baths, stainless steel appliances, and floor-to-ceiling windows and airy floor plans that bring in lots of natural light.

Market Activity All Sales in the Aurora 2008

7 Sold Listings

All Listings were 2 Bedroom - 2 Bath Units (Ranging from 1,004 sq ft to 1,148 sq ft)
Average Listing Price - $346,400  Average SOLD Price - $339,429  Average Days on Market - 43
Lowest Sold Price - $320,000   Highest Sold Price - $365,000   Average Seller Subsidy - $3,350

Market Activity in the Aurora in 2009

5 Sold Listings

All Listings were 2 Bedroom - 2 Bath Units (Ranging from 1,004 sq ft to 1,148 sq ft)
Average List (Asking Price) - $309,580   Average Sold Price - $296,000   Average Days on Market - 181
Lowest Sold Price - $255,000  Highest Sold Price - $320,000  Average Seller Subsidy - $2,050

Get a computerized Market Analysis of your Silver Spring Condo or House

            Search all Condo's for Sale in the Downtown Silver Spring Area

The Silverton Condos (by JBG Group) on East West Highway was built around the vintage art deco facade of the former Canada Dry bottling plant and has 210 dwelling units. 
The units were finished in 2006 - 2007 

The Silverton has Beautifully Appointed Floor Plans, Glass Doors Leading to Private Balconies,
Chef-Caliber Kitchens with Maple Cabinets and Granite Countertops, Granite Vanities in Bathrooms and Full-Size Washers and Dryers in the units!

There is a High-Tech Resident E-Lounge, Swimming Pool, Expansive Sundeck and a Cutting-Edge Fitness Center.

The Building is within Walking Distance to Metro and has Easy Access to Washington, DC & I-495. Walk to Excellent Shopping, Fine Dining & Entertainment.


                                                                 Sales at the Silverton 2008
   
There were 8 Closed Sales

1)  1 Bedroom 1 Bath - 2rd Floor Unit (718 sq ft)            Asking Price - 250,000 SOLD Price - $250,000 
     Days on Market - 282
2)  1 Bedroom 1 Bath - 1st Floor Unit (831 sq ft)            Asking Price - $269,900 SOLD Price - $269,900
     Days on Market - 35
3)  1 Bedroom 1 Bath - 1st Floor Unit (792 sq ft)            Asking Price - $290,000 SOLD Price -$280,000
     Days on Market - 65
4)  1 Bedroom 1 Bath - 2nd Floor Unit (776 sq ft)           Asking Price - $295,000 SOLD Price - $290,000
     $7,700 Seller Subsidy
     Days on Market - 58
5)  1 Bedroom 2 Bath Special Loft Unit (955 sq ft)          Asking Price - $324,900 SOLD Price - $324,900
     Days on Market - 25
6)  1 Bedroom 2 Bath Special Loft Unit (955 sq ft)          Asking Price  - $324,900 SOLD Price - $324,900
     Days on Market - 25
7)  2 Bedroom 2 Bath 2nd Floor Unit with Loft                Asking Price - $425,000 Sold Price - $392,500
     (1,212 sq ft) Days on Market - 68
8)  2 Bedroom 2 Bath 4th Floor Unit with Loft                 Asking Price - $490,000 SOLD Price - $450,000
     (1,300 sq ft) 15,000 Seller Subsidy
     Days on Market - 34

                                                   Sales at the Silverton in 2009

There were 9 Closed Sales in 2009

1)  1 Bedroom 1 Bath - 4th Floor Unit (750 sq ft)           Asking Price - $188,217  Sold Price - $188,217
     Days on Market - 23
2)  2 Bedroom 1 Bath - 2nd Floor Unit (992 sq ft)          Asking Price - $231,324  Sold Price - $231,324
     $7,300 Seller Subsidy - 2 days on the Market
3)  1 Bedroom 1 Bath - 1st Floor Unit (781 sq ft)           Asking Price - $285,000  Sold Price - $280,000
     $5,000 Seller Subsidy - 47 Days on Market
4)  1 Bedroom 1 Bath - 2nd Floor Unit (819 sq ft)          Asking Price - $289,000  Sold Price - $275,000
     Days on Market - 118
5)  2 Bedroom 2 Bath -2nd Floor Unit (1,084 sq ft)        Asking Price - $330,000  Sold Price - $330,000
     $10,000 Seller Subsidy - Days on Market - 160
6)  2 Bedroom 2 Bath - 3rd Floor Unit (1,212 sq ft)        Asking Price - $360,000  Sold Price - $350,000
     $5,000 Seller Subsidy - Days on Market - 51
7)  1 Bedroom 1 Bath - 4th Floor Unit (935 sq ft)           Asking Price - $365,000  Sold Price - $310,000
     $4,600 Subsidy - Days on Market - 52
8)  2 Bedroom 2 Bath - 2nd Floor Unit (1,165 sq ft)       Asking Price - $375,000  Sold Price - $332,000
     $9,960 Seller Subsidy - Days on Market - 28
9)  2 Bedroom 2 Bath - 2nd Floor Unit (1,386 sq ft)       Asking Price - $419,000  Sold - $415,000 
     $5,000 Seller Subsidy - Days on Market - 16

            Keep up to date on the prices, market changes and trends in your area of Silver Spring with  
                                                                 Silver Spring Market Snapshot


                               Search all Condo's for Sale in the Downtown Silver Spring Area

      For Expert Advice in Navigating the Current Real Estate Market - Call Debbie Cook (301) 587-3528
                                               Silver Spring - Takoma Park Realtor

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building.  This building was completed and already Sold out in 2006.

This Building offers a Fun, Funky, Hip and Laid Back Urban Lifestyle, in a Small Intimate "Pet Friendly" Building. Located by Historic Acorn Park in the South Silver Spring neighborhood, the Units have Open Floor Plans with High Ceilings, Washers and Dryers in the Units and either a balcony or sunroom.  

SAVE your GAS! and Walk everywhere from this building that has a very high Walkabilty Score.  Walking Distance to Silver Spring Metro/Red Line, Rock Creek Park hiking biking trails and all the ammenities of Downtown Silver Spring.


2008 Sales for 8045 @Silver Spring Metro

8 Listings SOLD in 2008

1)  1 Bedroom 1 Bath  2nd Floor
     (820 sq ft)  Asking - $245,000
     Sold Price - 245,000 
     Days on Market - 222
2)  1 Bedroom - 1 Bath 5th Floor  
     (820 sq ft) Asking - $285,000
     Sold for - $285,000 
     Days on Market - 21
3)  1 Bedroom - 1 Bath 4th Floor
     (820 sq ft) with Gar. Parking Space
     List Price - $299,000
     Sold Price - $284,000
     Days on Market - 8
4)  1 Bedroom 1 Bath with Den 3rd Floor  
     (935 sq ft) - with Garage Parking
     Asking - $320,000
     Sold Price - $320,000
     Seller Subsidy $10,000 
     Days on Market - 85
5) 1 Bedroom 1 Bath with Den 2nd Floor
     (900 Sq ft) with Gar. Parking
     Asking Price  $347,500
     Sold Price - $335,000
     Days on Market - 11
6) 2 Bedroom 2 Bath 2nd Floor 
     (1,221 sq ft) No Parking space
     Asking Price - $324,000 
     Sold Price  - $324,000
     Days on Market - 6
7) 2 Bedroom 2 Bath 1st Floor
     (1,177 sq ft) with Garage Parking  
     Asking Price - $389,000 
     Sold Price - $375,000  
     Days on Market - 44
8)  2 Bedroom - 2 Bath 3rd Floor
     (820 sq ft) with Garage Parking
     Asking Price - $410,000 
     Sold Price - $401,000
     Days on Market - 7

2009 Sales Activity in 8045 Newell Street @ Silver Spring Metro - 9 Units were SOLD

5 - 1 Bedroom 1 Bath Units Sold were Sold - Average List Price - $255,857
      Average Sold Price $253,800   Average Days on Market - 111

1 - 1 Bedroom 1 Bath Plus Den Sold in 2009 - List Price - $299,000   
      Sold Price 280,000   Days on Market - 7

3 - 2 Bedroom 2 Bath Units Sold in 2009 - Average List Price - $388,233 
      Average Sold Price - $382,467     Average Days on Market - 73


Get a computerized Market Analysis of your Silver Spring Condo or House

            
        Search all Condo's for Sale in the Downtown Silver Spring Area

Originally Built in the 1960's as a rental apartment building, the MICA was converted to condominium ownership in 2006.  There are 151 Units in the Mica Building

Features include floor to ceiling windows with great views of Downtown Silver Spring looking towards Rock Creek Park, private balconies, maple cabinets, granite countertops, stainless steel appliances and ceramic tile baths.  Square footage of these units is Spacious, ranging from 817 to over 1700 square feet.  There is a Swimming Pool with sun deck, a full media center and state-of-the-art fitness center.  All units have garage parking and the Building is located 2 Blocks from the Silver Spring Metro Station in Downtown Silver Spring.

2008 Sales in the MICA

11 Sold Listings

8 were 1 Bedroom 1 Bath Units
1 was a 2 Bedroom 1 Bath Unit
2 were 3 Bedroom 2 1/2 Bath Units

Average List/Asking Price - 340,300
Average Sold Price - 336,918
Average Seller Subsidy/Concessions - $9,247
Average Days on Market - 59

Lowest Price was for a 860 sq ft 1 Bedroom Unit - $268,900
Highest Price was for a 1,718 sq ft 3 Bedroom 2 1/2 Bath Unit - $539,900

2009 Sales in the MICA

3 Sold Listings

1 Bedroom 1 Bath - (848 sq ft) 1st Floor - Asking Price - $242,137 Sold - $240,000
   $9,000 Seller Subsidy - 29 Days on Market
2 Bedroom 1 Bath - (1,020 sq ft) 11th Floor - Asking Price - $365,000 Sold - $340,000
   $10,000 Seller Subsidy - 131 Days on Market
3 Bedroom 2 1/2 Bath - (1,665 sq ft) 12th Floor - Asking Price - $530,000 Sold - $533,000
   7 Days on Market
 

Chart market activity with current up-to-the-minute homes in your area, including such data as sold homes, properties for sale, inventory counts and even days-on-market at Silver Spring Market Snapshot

Interested in a condominium in Downtown Silver Spring? 

                             Search all Condo's for Sale in the Downtown Silver Spring Area 

Call Debbie Cook - Silver Spring Realtor (301) 587-3528 for experienced help in navigating the Current Real Estate Market                   

The Forest Estates Neighborhood in Silver Spring, Maryland 20902 is bordered by Georgia Avenue to the west, Dennis Avenue to the north, Sanford Road to the south, and Sligo Creek Park to the east.


Forest Estates is an attractive quiet suburban community of single family homes built between the 1940's through the mid 1960's.  Most homes are solidly built Post War brick cape cods and colonials.  The community is walking distance to the Forest Glen METRO station.  Forest Estates is located just outside the beltway (as in a matter of a few feet outside the Beltway) but close to the hustle, bustle, nightlife, shopping and ammenites of Downtown Silver Spring and Washington, DC. There is an abundance of Parkland in and around the Forest Estates Neighborhood.  General Getty Park is a popular neighborhood park within the Forest Estates Neighborhood and all the ammenities of Wheaton Regional Park are nearby.

The Forest Estates Community Association is an active group that represents residents interests in  county planning and other political issues. The group has family-oriented social events for neighbors to meet and an email group for neighbors to keep up on the latest news, events, and announcements and learn about local services. Some of the events are:  A Community Picnic, National Night Out, Park Clean-Up and a Halloween Parade. Visit the Forest Estates Community Website


The Montgomery County public school system is well known as one of the best in the nation. The public schools serving the Forest Estates neighborhood in Silver Spring are: 

Oakland Terrace Elementary School 
Sligo Middle School 
Einstein High School

Also, at the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Northwood High, John F. Kennedy and Wheaton.


There are also some high quality Private schools convenient to the Forest Estates Neighborhood: 
St. John the Evangelist School
St. Andrew Apostle School
Calvary Lutheran School
Hebrew Day School of Montgomery County

Forest Estates Real Estate Silver Spring
There are 446 Single Family homes in the
Forest Estates subdivision.
Market Activity in Forest Estates 2008:

17 Sold Homes SOLD in 2008 

Average Asking Price - $415,735
Average Sold Price - $402,347

Average Days on the Market - 68

Highest Sold Price - $525,000
Lowest Sold Price - $290,000

10 Homes Sold in 2009

Average Asking Price - $393,320
Average Sold Price - $397,350

Average Days on Market - 25

Lowest Sale Price - $305,000
Highest Sale Price - $491,000


Homes Currently for Sale in Forest Estates, Silver Spring, Md 20902

Thinking of Buying or Selling Silver Spring Real Estate? or just want to know what's happening in the Market Right Now?  Get a FREE "Real Time" Market Snapshot

Want to live in Forest Estates or one of the surrounding communities?

Search all available Single Family Homes in Forest Estates, Carroll Knolls, Mckenny Hills and surrounding neighborhoods in zip code 20902

                          
    For help in navigating today's tough Real Estate Market.  Give Debbie Cook a Call (301) 587-3528
                                                       www.SilverSpringTeam.com

Statistics for Real Estate in Silver Spring, Md (Downtown) zip code.  Notice the big uptick in the median price at the very end of the year when the inventory gets Low the median price rises.  It appears that selling a house at this time of year may be a smart move.  Less Inventory means Less competition and can translate into a better price! 

                            The Eight Reasons Why Winter may be the Best Time to Sell 

To follow the trends in your Silver Spring or Takoma Park zipcode - Subscribe to My Market Reports. 
                                            It is FREE and there is no obligation.

For a no obligation, Computerized Assesment of Current Home Value in Silver Spring or Takoma Park
                                        visit:   www.SilverSpringCMA.com

North Hills of Sligo is a beautiful neighborhood of some of the finest older single family homes in Silver Spring. 

Set into the heavily wooded hills of  Sligo Creek Park (thus the name) this subdivision of Single Family Homes built during the early 1930's to late 1940's is located "inside the Capitol Beltway", close to Downtown Silver Spring and Washington, DC. 

The subdivision of North Hills was originally sold as a suburban Neighborhood with large lots "overlooking 2 golf courses".  The two golf courses were at Argyle Country Club (what's left of the Argyle Golf Course is now the Public MNCPPC - Sligo Golf Course) and Indian Spring Country Club (what's left of Indian Spring is now the YMCA property) 

On an interesting note: Considered a Landmark - The old original Brunett Farmhouse (circa 1864) that preceded the development of North Hills, still stands today on an impressive 3/4 acre lot at the top of a hill in the North Hills Subdivision.

A fasinating and detailed book about the history of North Hills of Sligo Creek was written by Sally Gagne in 2003.  This 190 page book titled "North Hills of Sligo Creek - History, People and Surroundings", is not only about the history of the North Hills area, but everything you'd really like to know about Silver Spring from it's development right down to the people that lived here before and that live here now.  Sally also knows all about Sligo Creek Park., from how it began up to current wild inhabitants and vegetation.
The Parkside Headquarters are just at the edge of the Community in the park.  There are miles and miles of Trails for Hiking, Biking, Fitness, Dog walking and just nature watching!  The park also offers picnic areas, ball fields, tennis courts, basketball courts and many playgounds.

Schools
Montgomery County public school system is well known as one of the best in the nation. Public schools serving the North Hills Subdivision:

Sligo Creek Elementary School
Silver Spring International Middle School,
Northwood High School,

At the high school level the Downcounty consortium is available giving students a choice regarding their academic area of study. The five high schools in the Downcounty cluster include Montgomery Blair, Albert Einstein, John F. Kennedy and Wheaton.

There is the the ACORN HILL Waldorf Kindergarten and Nursery School just steps from the edge of this neighborhood nestled in Sligo Creek Park.

Private schools convenient to the North Hills Neighborhood are:

St. Bernadette's fondly called "ST B's"
Grace Episcopal Day School
Calvery Lutheran School


North Hills & Argyle Park Real Estate
There are 356 Single Family Houses in the Legal Subdivisions of North Hills of Sligo Creek and Argyle Park

There were 12 Sales in 2008

Average List Price - $478,
Average Sold Price - $469,806 
Highest Sale Price - $650,000
Lowest Sale Price - $370,000
Average Seller Subsidy - $5,407
Average Days on Market in 2008 - 112


There were 13 Sales in 2009
 
Average List Price - $546,650
Average Sold Price - $530,331
Highest Sale Price - $935,000 (NEW Construction)
Lowest Sale Price - $374,000 
Average Seller Subsidy - $2,200 
Average Days on Market 2009 - 77

 


Curious about your Silver Spring Home's Value or what's happening in the Real Estate Market right NOW?
Get a computerized Market Analysis of your Silver Spring Home at:   www.SilverSpringCMA.com 


Want to Live in North Hills? 
Check out all homes for Sale in North Hills of Sligo Creek Silver Spring, Md 20901 




For Expert Assistance Navigating the Current Real Estate Market in Silver Spring or Takoma Park Maryland contact Debbie - 
"Your Silver Spring Realtor" (301)587-3528