NOT LISTED FOR SALE

111 Meem Ave Gaithersburg, MD 20877

Estimated Value: $395,000 - $459,000

3 Beds
1 Bath
900 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $223,849 $249 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,497/month

25 Days on Market

Highlights

  • Rambler Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • 1 Fireplace
  • Eat-In Kitchen
  • Dining Area

About This Home

As of April 2012

BEAUTIFUL RAMBLER IN A SUPER LOCATION! BASEMENT CAN BE FINISHED BY NEW OWNER FOR MORE LIVING SPACE & EQUITY, ROUGH-IN PLUMBING IS ALREADY DONE! MUST SEE-3 GENEROUS BEDROOMS, FIREPLACE IN THE LIVING ROOM, LARGE DECK, & MORE! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! Property is approved for HomePath Mortgage & HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 02/13/2012

Last Buyer's Agent

Neng-Hua Guo

(240) 643-0288 unexgn@gmail.com Unex Realtors, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1953

Lot Details

  • 7,127 Sq Ft Lot
  • Property is zoned R90

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Meems Add Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 160900841024

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,666

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1953
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full, Rough Bath Plumb, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 121.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 95380.00
  • Land Assessed Value: 183250.00
  • Lot Size Acres: 0.16
  • Lot Size Area: 7127
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7127.00
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943436
  • Tax Annual Amount: 3666.02
  • Assessor Parcel Number: 160900841024
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2012
Closed on
May 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Bao Xiaozhong and Wang Yang
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Neng-Hua Guo
Unex Realtors, Inc.
List Price
$223,849
Sold Price
$223,849
Current Estimated Value
$413,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,767
Avg. Annual Appreciation
4.61%
Original Mortgage
$200,925
Outstanding Balance
$140,380
Interest Rate
4.08%
Mortgage Type
Stand Alone Second
Estimated Equity
$273,236

Purchase Details

Closed on
Jun 27, 2011
Sold by
Morgan Tammy J
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 1995
Sold by
Vetter Elmer E
Bought by
Chapman Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
8.96%
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
Bao Xiaozhong $223,849 Crown Title Corporation
Fannie Mae $281,700 None Available
Chapman Tammy $123,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Xiaozhong $200,925
Previous Owner Chapman Tammy $117,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2012 04/18/12 Sold $223,849 0.0% $249 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $223,849 -- $249 / 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 $3,829 $288,400 -- --
2024 $3,829 $273,500 $0 $0
2023 $3,607 $258,600 $148,200 $110,400
2022 $3,450 $252,333 $0 $0
2021 $3,283 $246,067 $0 $0
2020 $3,283 $239,800 $148,200 $91,600
2019 $3,192 $234,367 $0 $0
2018 $3,120 $228,933 $0 $0
2017 $3,082 $223,500 $0 $0
2016 -- $222,600 $0 $0
2015 $2,974 $221,700 $0 $0
2014 $2,974 $220,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madlin Mahdawi

    Seller's Agent in 2012

    Madlin Mahdawi

    Independent Realty, Inc

    (301) 785-3300

    1 in this area

    33 Total Sales

    Madlin Mahdawi
    Section Image
  • Neng-Hua Guo

    Buyer's Agent in 2012

    Neng-Hua Guo

    Unex Realtors, Inc.

    (240) 643-0288

    6 in this area

    42 Total Sales

    Neng-Hua Guo
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003853872

Bright MLS

APN: 09-00841024

Maryland Montgomery County Gaithersburg 20877

111 Meem Ave, Gaithersburg, MD

Not Listed for Sale

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