Silverspringism

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 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 Close to Excellent Shopping, Fine Dining & Entertainment.  

This market report encompasses All Sales Activity at the Silverton ( January 2008 - July 2008)  
All data is from the Metropolitan Regional Information System

3 Active (For Sale) Listings
1)  2 Bedroom 2 Bath - 3rd Floor Unit (1,307 sq ft)
     Asking Price - $499,900  Days on Market - 117
2)  2 Bedroom 2 Bath - 2nd Floor Corner Unit
     (1,084 sq ft) Asking Price - $395,000 
     Days on Market - 62
3)  1 Bedroom 1 Bath - 2nd Floor Unit (718 sq ft)
     Asking Price - $290,000 Days on Market - 232

1 Listing Under Contract
1)  1 Bedroom 1 Bath - 1st Floor Unit (792 sq ft)
     Asking Price - $290,000 Days on Market - 65

3 Sold Listings
1)  1 Bedroom 2 Bath Special Unit  (955 sq ft)
     Asking Price - $324,900 Sold Price - $324,900
     Days on Market - 25
2)  1 Bedroom 2 Bath Special Unit (955 sq ft)
     Asking Price  - $324,900 Sold price - $324,900
     Days on Market - 25
3)  1 Bedroom 1 Bath 2nd Floor Unit (776 sq ft)
     Asking Price - $295,000 Sold Price - $290,000
     Seller Subsidy $7,700 - Days on Market - 58


Thinking about Selling or Buying a South Silver Spring Condominium? - Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

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.

This market report is for the last 6 month period begining January 1, through July 6th 2008.  All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1)  1 Bedroom 1 Bath  2nd Floor
     (820 sq ft)  Asking - $285,000 
     Days on Market - 57

2)  1 Bedroom - 1 Bath 5th Floor  
     (820 sq ft) Asking - $315,000 
     Days on Market - 267

3)  1 Bedroom - 1 Bath 2nd Floor  
     (900 sq ft) - Asking $347,500 
     Days on Market - 6

 1 Listing Under Contract
1)  2 Bedroom - 2 Bath 3rd Floor
     (1,255 Sq ft) - Asking $410,000
     Days on Market - 7

4 Sold Listings
1)  0 Bedroom 1 Bath Efficiency Unit
     2nd Floor Unit (569 sq ft)
     Asking Price - $108,746
     Sold Price  - $108,746
     Seller Subsidy -$3,469
     Days on Market - 5

2)  0 Bedroom 1 Bath
     Efficiency Unit (569 sq ft)
     4th Floor Unit 
     Asking Price - $109,658 
     Sold Price - $109,658 
     Seller Subsidy $3,498
     Days on Market - 3

3)  1 Bedroom - 1 Bath 
     5th Floor (820 sq ft)
     Asking Price - $285,000 
     Sold Price - $285,000
     Days on Market - 21

4)  1 Bedroom - 1 Bath and Den
     (935 sq ft) 3rd Floor Unit
     Asking - $320,000 Sold - $320,000
     Seller Subsidy - $10,000
     Days on Market - 85


Thinking about Selling or Buying a Silver Spring Condominium? - Contact  Debbie Cook (301) 587-3528 for your current, No Obligation Market Report on the Silver Spring Condominium Market.

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 market report is for the last 6 month period May 4 through November 4th 2007.  All units are resales reported in the Metropolitan Regional Information Service (MRIS)

4 Active For Sale Listings
1)  1 Bedroom - 1 Bath 5th (Top) Floor Unit with Sunroom (817 sq ft) 
Asking  - $295,000 Days on Market - 9

2)  1 Bedroom - 1 Bath 5th Floor unit with Sunroom (820 sq ft) Asking - $325,000 
Days on Market - 185

3)  2 Bedroom - 1 Bath 3rd floor Unit
(935 sq ft) - Asking $320,000 
Days on Market - 15

4)  2 Bedroom - 2 Bath 2nd Floor Unit
(1,222 sq ft) - Asking $395,000

2 Listings are Under Contract
1)  Efficiency 0 Bedroom - 1 Bath - 2nd Floor unit (569 sq ft) Days on Market - 5
Asking - $108,736

2)  Efficiency 0 Bedroom - 1 Bath 
4th Floor Unit (569 sq ft) Days on Market - 3

                                           In all of 2007 there were 12 Condominiums Sold at 8045 Newell Street:

6 Units were 1 Bedroom - 1 Bath Units
List Price Range $296,000 to $326,999
Sold Price Range $285,000 to $310,000

2 Units were 2 Bedroom - 1 Bath Units
List Price Range $335,000 - 339,000
Sold Price Range $330,000 to $339,000

4 Units were 2 Bedroom - 2 Bath Units
List Price Range $390,000 to $439,900
Sold Price Range $378,000 to $439,900

Average Days on the Market for all Condos at 8045 Newell Street in 2007 - 116 Days

8 Listings were Expired and or Withdrawn from the Market in 2007
All units except 1 were 1 Bedroom 1 Bath Units
Average List Price - $367,000
Average Days on Market - 157 Days


If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 
           Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

New Downtown Silver Spring Condo - $295,000

Fun,Funky Hip and Laid Back Urban Lifestyle offered here! Luxury Top Floor Unit in Small Intimate New Building by Acorn Park in Walkable South Silver Spring neighborhood. Open Floor Plan with High Ceilings and Fantastic Sunroom - Incredible Views. Upgraded Kitchen with granite Counters and High End Appliances. Washer and Dryer in Unit. Walk to Silver Spring Metro/Red Line and all the new ammenities of Downtown Silver Spring.

                                    Interior Photos, Tour and More Info at this Property's Dedicated Website

8045 Newell Street (by Patriot Group) is a five story, 120 unit condominium building.  This building was completed and already Sold out in 2005. This market report is for the last 6 month period May 4 through November 4th 2007.  All units are resales reported in the Metropolitan Regional Information Service (MRIS)

3 Active For Sale Listings
1)  2 Bedroom - 2 Bath 2nd floor unit  (1,222 sq ft)  Asking  - $420,000
Days on Market - 47

2)  1 Bedroom - 1 Bath 2nd floor unit (817 sq ft) Asking - $309,900 
Days on Market - 75

3)  1 Bedroom - 1 Bath 5th floor unit
(820 sq ft) - Asking $325,000 
Days on Market - 92

1 Listing is Under Contract
2 Bedroom - 1 Bath - Asking $339,000 1st floor unit (883 sq ft)
Days on Market 170

3 Sold Listings
1)  2 Bedroom - 1 Bath - 2nd floor unit (883 sq ft) Days on Market - 140   
List Price - $335,000
Sold Price - $330,000

2)  1 Bedroom - 1 Bath (no sq ft info) - 
2nd floor unit Days on Market 32
List Price - $309,900 Sold Price - $299,900

3)  2 Bedroom - 2 Bath - 3rd Floor
(1,255 sq ft) Days on Market - 44
List Price - $439,900 Sold Price - $439,900 (9,000 seller subsidy)

8 Listings were Expired and or Withdrawn from the Market
All units except 1 were 1 Bedroom 1 Bath Units
Average List Price - $365,000
Average Days on Market - 147 Days


If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 
           Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

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.

This market report encompasses All Sales Activity at the Silverton for an entire year -November 2006 - November 2007 and includes some of the original builder sales.  All data is from the Metropolitan Regional Information System used by Real Estate Brokers 

*Not all sales activity is available from the MLS because builders do not always use or report to MRIS 



There are NO, Zero, Nada Active (For Sale Listings in MRIS)
as of November 4th ,2007 


5 Sold Listings
Average List Price - $392,638
Average Sold Price - $392,240
All Sales had a $10,000 subsidy (credit) to Buyers from Sellers
Lowest Sale Price - $309,900 for a 1 Bedroom, 1 Bath Unit (757 sq ft)
Higest Sale Price - $505,000 2 Bedroom, 2 Bath unit (1800 sq ft)
Average Days on Market - 19


6 Listings Expired or were Withdrawn from the Market
Average List Price - $417,283
Lowest List Price - $324,900 - A 1 Bedroom, 2 Bath Unit (953 sq ft)
Highest List Price - $549,900 - A 2 Bedroom, 2 Bath Unit with Loft (1309 sq ft)
Average Days on Market - 98
 
If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 
           Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value

The Aurora Condominium project in South Silver Spring is a 145 Unit Condominium Community built by reclaiming and rehabbing 2 old 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 2005. The residents of the Aurora are part of the young and growing South Silver Spring Neighborhood Association.

This real estate market report encompasses activity for resale condos in the Aurora for the past 6 month period (May 4th - November 4th 2007)

3 Active Listings
Average List Price - 347,496
1 Bedroom - 1 Bath - 10th Floor (873 sq ft) is Listed for 307,500
2 Bedroom - 2 Bath -10th Floor (1080 sq ft) is Listed for 374,999
2 Bedroom - 2 Bath - 5th Floor (1032 sq ft) is Listed for 359,990
Average Days on Market - 49

8 Sold Listings
All Sold Listings were 2 Bedroom -2 Bath Units
Average Listing Price - $333,584
Average Sale Price - $331,162
Average Days on Market - 64
Lowest Sold Price - $219,395
Highest Sold Price - $365,000

5 Listings Withdrawn from the market
All but 1 were 2 Bedroom Units
Average Asking Price - $372,633
Average Days on Market - 130

If you are thinking about Selling Your Silver Spring Condominium - Call on Debbie Cook and The Silver Spring Team for a No Obligation Market Report on Your Silver Spring Condominium. With our 21 years of Experience and our Enthusiasm for Silver Spring, we know how to get Silver Spring Condos Sold Fast and for Top Dollar in the Current Silver Spring Real Estate Market.
 
           Click for an Over the Net Comparative Market Analysis (CMA) of your Silver Spring Home's Value