NOT LISTED FOR SALE

11 Gainford Ct Olney, MD 20832

Estimated Value: $827,807 - $850,000

5 Beds
3.5 Baths
2,308 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $625,000 $271 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,128/month

4 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Whirlpool Bathtub
  • Brooke Grove Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of June 2018

Sunny home with an open floor plan. On a cul-de-sac that backs to woods and a lake. Amazing kitchen w/ granite and SS appliances. Wood floors on main and upper levels. Owner's suite boasts a whirlpool, upgraded tile, marble counters & body sprays. Walkout basement w/ rec room, full bath, & the 5th bed. Short distance to the ICC. Enjoy the trails or a leisurely walk around the lake. Must See!

Last Agent to Sell the Property

Matthew Modesitt

(240) 449-9384 matt@matthewmodesitt.com HomeSmart Listed on: 04/12/2018

HomeSmart

Last Buyer's Agent

Kathy Whalen

(240) 793-6880 kathy@kathywhalen.com Compass License #305821

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1991

Lot Details

  • 8,011 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Hallowell Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 160802826018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,902

Year Built

Built in 1991

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-04-12
  • Year Built: 1991
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Dining Area, Primary Bath(s), Crown Moldings, Wood Floors, Whirlpool/Hottub, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick, Brick Front, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 71.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 302300.00
  • Land Assessed Value: 247800.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8011
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8011.00
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13887876
  • Tax Annual Amount: 5901.97
  • Assessor Parcel Number: 160802826018
  • Tax Lot: 73
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 15, 2018
Sold by
Moses Joshua Aaron and Moses Julie Ann
Bought by
Weaver Jason D and Santhanam Priya
Seller's Agent
Matthew Modesitt
HomeSmart
Buyer's Agent
Kathy Whalen
Compass
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$837,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,452
Avg. Annual Appreciation
3.97%
Original Mortgage
$437,500
Outstanding Balance
$379,211
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$458,241

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 19, 2013
Sold by
Gaspar Alex and Gaspar Deborah J
Bought by
Moses Joshua Aaron and Moses Julie Ann
Seller's Agent
Chris Weymouth
Keller Williams Realty Centre
Buyer's Agent
Matthew Modesitt
HomeSmart
List Price
$589,900
Sold Price
$605,000
Premium/Discount to List
$15,100
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.68%
Original Mortgage
$574,750
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 22, 2005
Sold by
Via Raymond B and Via E C
Bought by
Gaspar Alex and Gaspar Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2005
Sold by
Via Raymond B and Via E C
Bought by
Gaspar Alex and Gaspar Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weaver Jason D $625,000 First American Title Ins Co
Moses Joshua Aaron $605,000 None Available
Gaspar Alex $660,000 --
Gaspar Alex $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Jason D $437,500
Previous Owner Moses Joshua Aaron $574,750
Previous Owner Gaspar Alex $528,000
Previous Owner Gaspar Alex $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2018 06/15/18 Sold $625,000 0.0% $271 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $625,000 +3.3% $271 / Sq Ft
08/19/2013 08/19/13 Sold $605,000 +2.6% $195 / Sq Ft View Prior Sale
06/24/2013 06/24/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $589,900 -- $190 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $7,815 $693,767 -- --
2024 $7,815 $640,033 $0 $0
2023 $6,483 $586,300 $247,800 $338,500
2022 $6,052 $574,233 $0 $0
2021 $5,864 $562,167 $0 $0
2020 $5,707 $550,100 $247,800 $302,300
2019 $5,524 $534,867 $0 $0
2018 $5,358 $519,633 $0 $0
2017 $5,210 $504,400 $0 $0
2016 -- $487,033 $0 $0
2015 $6,401 $469,667 $0 $0
2014 $6,401 $452,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000381394

Bright MLS

APN: 08-02826018