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1603 Carriage House Ter #1603-D, Silver Spring, MD, 20904

1beds
1baths
702sqft
$215,000
$306price/sqft
$1,573/moest. monthly cost
$62,920/yrincome needed

About This Home

LOCATION!!LOCATION!!LOCATION!!VERY CUTE CHARMING GARAGE UNIT ON MAIN LEVLE** NO STEPS**FEELS JUST LIKE A SINGLE FAMILY HOUSE**ENTER THRU MAIN DOOR OR THRU GARAGE DOOR WITH OPENER** GREAT FOR SENIORS**OR ANYONE LOOKING FOR A PLACE WITHOUT STEPS FULLY RENOVATED-- NEW BATHROM, NEW DRYWALL FRESH PAINT, ALL NEW STAINLESS STEEL APPLIANCES NEW HOOD, STACKED WASHER DRYER ALMOST NEW HVAC ALMOST NEW

Getting Around

20
WalkingCar-Dependent
52
TransitGood Transit
8
BikeSomewhat Bikeable

Schools

6/10
6/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1986

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding

Notable Dates

  • Major remodel year: 2026

Other

  • Builder model: MAIN LEVEL AND GARAGE AND CUTE

Type & Style

  • Home type: Condo
  • Architectural style: Ranch/Rambler
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Range Hood,Cooktop,Washer,Electric Water Heater
  • Laundry features: Washer In Unit,Dryer In Unit,In Unit

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Dining Area,Walk-In Closet(s)
  • Flooring: Luxury Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 702

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 702
  • Total interior livable area: 702 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 160502645107
  • Attached to another structure: Yes
  • Zoning: RH
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio

Parking

  • Total spaces: 1
  • Parking features: Garage Faces Front,Garage Door Opener,Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,087$13,044
Home Insurance *$53$636
Property Taxes $152$1,824
Electricity $281$3,374
Total$1,573$18,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,931/yr
40% on housing$47,190/yr
45% on housing$41,946/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.5%
15.5%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$306This listing

vs Other Active Listings

Avg $/sqft

ZIP 20904$212
Montgomery County$281

vs Homes Sold Last Month

Median $/sqft

ZIP 20904$253
Montgomery County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-18Price change$210,000
2026-06-13Listed for sale$215,000

For Sale by Agent

AgentKusum Mainigi
BrokerageDiamond Realty & Property Mgmnt

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