Seller's Agent in 2024
Ricky Palacio
HomeSmart
(301) 806-5040
3 in this area
82 Total Sales
108 Meem Ave Gaithersburg, MD 20877
Estimated Value: $688,683 - $722,000
6
Beds
5
Baths
3,346
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- 0.41 Acre Lot
- Colonial Architecture
- No HOA
- Open Floorplan
- Engineered Wood Flooring
- Breakfast Area or Nook
About This Home
As of September 2024HUGE PRICE REDUCTION - VERY MOTIVATED SELLER!!! LARGE HOME. FULLY RENOVATED TOP TO BOTTOM LIKE A NEW HOME. Ideal for large families and/or homeowners to operate a home business from it. Very Spacious 6 bedrooms/5 full baths Colonial. Multiple cars driveway and private parking area. Lots of New Features including: New architectural asphalt roof & gutters, expanded 8 car spaces driveway, new efficiency windows and doors, new Kitchen w/ stainless steel energy efficiency appliances, island, quartz counter-tops "Calaccata Ultra", new engineered wood flooring entire main and upper level, fully new bathrooms with quartz counters, ceramic floors and mosaic tiles, entire basement new LVT waterproof flooring, new Heavy-Up 200 Amp electric panel, new HVAC system, recessed LED lighting throughout the house, basement recreation room, 2 separate finished Laundry-rooms (basement Stack-Up units) & (upper-floor will include individual washer & dryer, and Stainless Steel laundry-tub). This gorgeous very well located home won't last for too long in the market. It can be yours to enjoy for the years to come.
Last Agent to Sell the Property
(301) 806-5040 lhpalacio@comcast.net HomeSmart Listed on: 05/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,003
Year Built
- Built in 1921 | Remodeled in 2023
Lot Details
- 0.41 Acre Lot
- Partially Fenced Property
- Sprinkler System
- Historic Home
- Property is in excellent condition
- Property is zoned R90
Home Design
- Colonial Architecture
- Frame Construction
- Rigid Insulation
- Architectural Shingle Roof
- Cement Siding
- Concrete Perimeter Foundation
- HardiePlank Type
- Masonry
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Vinyl Clad Windows
- Casement Windows
- Insulated Doors
- Six Panel Doors
- Entrance Foyer
- Family Room Off Kitchen
- Living Room
- Dining Room
- Library
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Electric Oven or Range
- Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Refrigerator
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on lower level
- Electric Front Loading Dryer
Finished Basement
- Connecting Stairway
- Sump Pump
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
- Flood Lights
Parking
- 8 Parking Spaces
- 8 Driveway Spaces
- Gravel Driveway
- On-Street Parking
Outdoor Features
- Patio
- Exterior Lighting
- Porch
Utilities
- Central Air
- Heat Pump System
- 200+ Amp Service
- High-Efficiency Water Heater
Community Details
- No Home Owners Association
- Meems Add Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 160900840895
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2024
Closed on
Sep 26, 2024
Sold by
Jm Remodeling Inc
Bought by
Ali Shafaquat
Seller's Agent
Ricky Palacio
HomeSmart
Buyer's Agent
Lenita Posin
HomeSmart
List Price
$942,900
Sold Price
$700,000
Premium/Discount to List
-$242,900
-25.76%
Views
307
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,421
Avg. Annual Appreciation
1.26%
Original Mortgage
$560,000
Outstanding Balance
$552,710
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$157,711
Purchase Details
Listed on
Sep 5, 2022
Closed on
Sep 30, 2022
Sold by
Clement Gloria J
Bought by
J M Remodeling Inc
Seller's Agent
Deanna Rippeon
Charis Realty Group
Buyer's Agent
Ricky Palacio
HomeSmart
List Price
$339,999
Sold Price
$390,000
Premium/Discount to List
$50,001
14.71%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.17%
Original Mortgage
$300,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ali Shafaquat | $700,000 | First American Title | |
| J M Remodeling Inc | $390,000 | Household Title | |
| J M Remodeling Inc | $390,000 | Household Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ali Shafaquat | $560,000 | |
| Previous Owner | J M Remodeling Inc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $700,000 | 0.0% | $209 / Sq Ft | |
| 08/21/2024 08/21/24 | Price Changed | $700,000 | -5.4% | $209 / Sq Ft | |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 07/10/2024 07/10/24 | Price Changed | $739,900 | -6.3% | $221 / Sq Ft | |
| 06/21/2024 06/21/24 | Price Changed | $789,900 | -8.1% | $236 / Sq Ft | |
| 06/02/2024 06/02/24 | Price Changed | $859,900 | -8.8% | $257 / Sq Ft | |
| 05/18/2024 05/18/24 | For Sale | $942,900 | +141.8% | $282 / Sq Ft | |
| 09/30/2022 09/30/22 | Sold | $390,000 | +5.4% | $268 / Sq Ft | View Prior Sale |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- | |
| 09/10/2022 09/10/22 | Price Changed | $369,999 | +8.8% | $254 / Sq Ft | |
| 09/05/2022 09/05/22 | For Sale | $339,999 | -- | $234 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,317 | $476,733 | -- | -- |
| 2024 | $5,317 | $377,967 | $0 | $0 |
| 2023 | $4,003 | $279,200 | $176,700 | $102,500 |
| 2022 | $3,464 | $275,033 | $0 | $0 |
| 2021 | $2,790 | $270,867 | $0 | $0 |
| 2020 | $4,971 | $266,700 | $176,700 | $90,000 |
| 2019 | $4,955 | $265,033 | $0 | $0 |
| 2018 | $2,983 | $263,367 | $0 | $0 |
| 2017 | $5,078 | $261,700 | $0 | $0 |
| 2016 | -- | $260,033 | $0 | $0 |
| 2015 | $3,127 | $258,367 | $0 | $0 |
| 2014 | $3,127 | $256,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ricky Palacio
-
Lenita Posin
Buyer's Agent in 2024
Lenita Posin
HomeSmart
(301) 704-4686
5 in this area
96 Total Sales
-
Deanna Rippeon
Seller's Agent in 2022
Deanna Rippeon
Charis Realty Group
(240) 409-6473
1 in this area
142 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2132370
APN: 09-00840895
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