New
$200,000
3 bd · 2 ba · 1,442 sqft
8830 Piney Branch Rd Apt 602, Silver Spring, MD 20903
Condo · Built 1975 · $139/sqft ·
$2,426/mo est. payment
- HOA
- $1,259/mo
Flood factor 1/10
About this home
Discover a remarkable investment opportunity in Pineway Towers, where a major renovation is set for 2025, enhancing the value of this spacious 3-bedroom, 2-bathroom unit. With 1,442 sq. ft. of potential, this hi-rise apartment offers a solid foundation for future returns. The renovation will modernize the space, appealing to a broad range of renters and buyers alike. Enjoy the convenience of included utilities such as electricity, gas, and water, along with maintenance services that ensure a hassle-free living experience. The property features secure main entrance access and ample parking with three dedicated spaces, making it attractive for those seeking comfort and security. Investors will appreciate the strategic location and the anticipated increase in property value post-renovation. With no pool and minimal amenities, the focus remains on the unit's spacious layout and the potential for customization. This is a prime opportunity to secure a property poised for growth in a thriving community.
Facts and features
Bedrooms
- Bedrooms: 3
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Appliances
- Washer Dryer Hookup: No
Garage and Parking
- Parking Features: Parking Lot
- Parking Total: 3
Homeowners Association
- Association: Yes
- Association Fee: 1259
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1259
- Senior Community: No
School Information
- High School: MONTGOMERY BLAIR
- School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
Other Property Info
- Annual Tax Amount: 1809
- Source Listing Status: Active
- County: MONTGOMERY
- Disclaimer: Standard
- Ownership: Condominium
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: PINEWAY TOWERS
Schools
Montgomery Knolls Elementary School
elementary · K-2 · 0.4 mi
- 6
Eastern Middle School
middle · 6-8 · 0.9 mi
- 6
Montgomery Blair High School
high · 9-12 · 1.6 mi
Takoma Academy Preparatory School
elementary · K-8 · 0.5 mi
- 7
Pine Crest Elementary School
elementary · 3-5 · 1.6 mi
New Hampshire Estates Elementary School
elementary · K-2 · 0.2 mi
Price history
- Nov 8, 2026 · Listed$200,000
- Dec 6, 2016 · Sold$130,000
- Nov 1, 2016 · Sold$130,000
- Oct 2, 2016 · Listing Removed$140,000
- Jul 21, 2016 · Listed$140,000
- Jul 21, 2016 · Listed$140,000
- Apr 11, 2009 · Listing Removed$245,000
- Oct 11, 2008 · Listed$245,000
Tax history
- 2026$1,809 tax · $150,000 assessed
- 2025$1,107 tax · $150,000 assessed
- 2024$1,208 tax · $150,000 assessed
- 2023$1,149 tax · $155,000 assessed
- 2022$1,016 tax · $150,000 assessed
- 2021$957 tax · $145,000 assessed
- 2020$937 tax · $143,333 assessed
- 2019$917 tax · $141,667 assessed
Home value
$143,750
- Quantarium$143,750
- Cotality$137,800
- Collateral Analytics$155,000
Where it is
Listed by the listing agent · Home Smart · BrightMLS
