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
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Debbie, I like that building. And the prices seem pretty reasonable. I think older buildings that are being redone are in many ways a whole lot better than brand new construction.