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About this home
AMAZING OPPORTUNITY TO BUY A SUNNY 2BR/2BA CORNER UNIT CONDO FOR JUST $2500 DOWNPAYMENT WITH NO MORTGAGE INSURANCE (Assumes 3% downpayment + $12,500 Seller settlement credit + $7500 Lender settlement credit). This updated condo (2020) has a newer geothermal heating/cooling system that averages $35/month to operate. CONVENIENCE: • Walking distance to 2 Metro lines, award winning library, eclectic restaurants, coffee shops, retail. • Urban + cultural amenities of Silver Spring + downtown DC. • Trails at Sligo Creek and Rock Creek National Parks. • Convenience to commuting roads – yet it is very quiet. • Available garage parking right behind the building. FEATURES: • Quiet, 3rd floor corner unit; • Super clean, updated, move-in ready; • 2 bedrooms + 2 full baths; • Upgraded energy efficient, geothermal heating/cooling; • Abundant natural light - windows on 3 sides; • Freshly painted; • Open concept living-kitchen-dining; • In-unit laundry room w/ upgraded machines; • Outstanding interior/exterior storage closets; • Low monthly condo fee includes water, gas, trash/recycling, internet; • Pets are welcome! ABOUT EASTERN VILLAGE CO-HOUSING: • Diverse and welcoming community of private condo owners who enjoy both private residences and exceptional shared amenities in a "modern village" setting; • On a quiet, tree-lined street near downtown Silver Spring; • U. S. Green Building Council LEED Silver Certified sustainable community (geothermal HVAC systems, energy-efficient lighting, green roof, native landscaping); • Some events include yoga classes, poetry readings, music + drama performances, dance parties, game nights, craft clubs, lectures, BBQs/potlucks/community dinners, movie nights, story telling. • THIS CONDO AND COMMUNITY ARE TRULY A MUST VISIT!
Downtown Silver Springs, located between Rock Creek Park and the Capital Beltway, is a walkable and transit-linked Silver Spring neighborhood with a Metro hub and a marquee arts scene. The neighborhood’s pulse concentrates at the Ellsworth Drive and Fenton Street corridor, where sidewalk patios, indie eateries, and late-night marquees set a steady street rhythm. AFI Silver Theatre and Cultural Center, The Fillmore Silver Spring, and the Silver Spring Civic Building anchor the calendar with film, concerts, and public programs. Mid-century apartment towers mix with newer glass-and-brick mid-rises around pocket plazas and tree-lined blocks. Rock Creek’s trails and Sligo Creek’s greenway shape daily routes, while the transit center keeps the streets active from morning to evening.
Provided by Walk Score and Local Logic
Market insights
7981 Eastern Ave #301 · $424,500
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
LIST PRICE
$424,500
Median sale price in this area is $274,750. (35% lower than this home)
PRICE DROP
0 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Breakfast area
Combination kitchen and living area
Elevator
Galley kitchen
Wheelchair modifications
Bedrooms
2 bedrooms on the main level
Bathrooms
2 full bathrooms, both on the main level
Kitchen
Stove
Dishwasher
Disposal
Refrigerator
Laundry & utility
Washer and dryer in unit
Flooring
Hardwood
Carpet
Ceramic tile
Heating & cooling
Central heating
Forced-air heating
Energy Star heating system
Geothermal heating and cooling
Central air conditioning
Ceiling fans
Energy Star cooling system
Exterior features
Vegetated roof
Home design
Condominium
Unit/flat
One-level unit
East-facing entrance
Third-floor entry
Four-story building
Parking
Off-site parking
Permit required; parking is rented
Construction
Brick construction
Remodeled in 2020
Utilities
Public water
Public sewer
Electric hot water
HOA & community
Monthly condo fee of $598.06
Fee includes exterior building maintenance, gas, insurance, management, recreation facilities, reserve funds, sewer, trash, and water
Community center
Elevator
Exercise room
Party room
Recreation center
Playground
Library
Pets allowed with no restrictions
On-site property manager
Electricity and solar
View estimated energy costs and solar savings for this home
Cohousing, the "modern village": a culture of sharing and caring, social gatherings, and collaborative decision making. Tucked away amidst the rich community life and numerous amenities that cohousing offers is this sunny and immaculately maintained two-bedroom flat. Rare end unit provides extra privacy and southern exposure. Generous master bedroom with two closets, additional bedroom, two full baths, and kitchen open to living and dining room. Your quiet haven inside a lively "Village"! Unit Highlights: Third floor end unit offering extra privacy and extra windows with view of treelined Eastern Avenue, New ecofriendly hardwood floors (2018), fresh paint, and updated fixtures, Large, double-paned windows with lots of natural light, Open floor plan, Spacious white tile bathrooms, Washer and dryer in unit, Fios ready. A condo within Eastern Village Cohousing Condominium Building and Community Highlights: LOCATION! LOCATION! LOCATION! In the Silver Spring Downtown Arts & Entertainment district, just a few blocks from Silver Spring Station and Transit Center on the Red Line and (future) Purple Line, Rock Creek Park, shops, restaurants, parks, and the beautiful new Silver Spring Public Library, Environmentally award-winning LEED Silver building with green roof, Super-efficient geothermal heat and air conditioning (keeping energy bills very low). Included amenities: Rooftop patio, gazebo, and playground, Courtyard patio with BBQ grill, "Common House" with a large kitchen and dining hall, living room, kids' play room, game room, exercise room, library, and workshop. Free laundry room, Shared closets (camping, outdoor, gardening, painting gear and more!), Shared bike parking, Reservable guest rooms. Community events include poetry readings, folk music performances, dance parties, knitting circle, yoga sessions, public affairs lectures, craft nights, piano bar sing-alongs, barbeques, movie nights, story telling, plays, potlucks, election-night parties, pancake breakfasts, etc. Warm, friendly, and diverse neighbors. A "modern village" community designed and operated by the residents to encourage high levels of cooperation, social engagement, A "modern village" community designed and operated by the residents to encourage high levels of cooperation, social engagement, ecological responsibility, and connection.
The CR zone is intended for larger downtown, mixed-use, and pedestrian-oriented areas in close proximity to transit options such as Metro, light rail, and bus. Retail tenant gross floor area is not restricted.
Downtown Silver Spring, MD, is known for its vibrant mix of shopping, dining, and entertainment options, including venues like The Fillmore and the AFI Silver Theatre. It also features a walkable urban center with Metro, events, festivals, and a...
People not familiar with the area often call it Silver Springs. The downtown area is an urban core on the border of DC with tremendous access to transportation, shopping, restaurants & various types of housing but the geographic area of Silver Spring...