NOT LISTED FOR SALE

111 Swarthmore Ave Gaithersburg, MD 20877

Estimated Value: $466,000 - $509,000

3 Beds
3.5 Baths
1,580 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $420,000 $266 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,031/month

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Backs to Trees or Woods
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of April 2022

Beautiful brick front 3-level townhome in the highly sought after community of Gateway Commons in Gaithersburg, MD. 3 bed, 3.5 bath and 1 attached garage with long driveway. Plenty of guest parking in the community. Open concept dining and living rooms on main level with hardwood floors. Sliding door leads to oversized deck in the fenced in rear yard backed to open common area. Large kitchen with breakfast area has upgraded counter tops, stainless steel appliances, and plenty of cabinet space. Upper level has primary bedroom with ensuite bathroom. Two other bedrooms on upper level share the hallway full bathroom. Finished lower level with large rec area, washer/dryer, utility sink, closets and full bathroom. Access to the 1-car garage from the basement. Conveniently located less than 1 mile to Shady Grove Metro. Easy access to I-270, I-370, ICC, Rockville Pike, Shady Grove Rd and other major routes.. Check out the link for interactive virtual tour. Excellent credit required. Easy online application. $50 app fee per adult.

Last Agent to Rent the Property

Edward Quach

(301) 938-0807 edward@eqcorealestate.com EQCO Real Estate Inc. Listed on: 03/18/2022

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,853

Year Built

  • Built in 1993

Lot Details

  • 2,024 Sq Ft Lot
  • Back Yard Fenced
  • Backs to Trees or Woods

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Views of Woods
  • Basement
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Stove
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Gaithersburg High School

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,300
  • 12-Month Min and 36-Month Max Lease Term
  • Available 3/18/22
  • $50 Application Fee
  • $75 Repair Deductible
  • Assessor Parcel Number 160902954470

Community Details

Overview

  • Association fees include common area maintenance, trash, snow removal, management
  • Gateway Commons HOA, Phone Number (301) 649-1115
  • Gateway Commons Subdivision

Amenities

  • Common Area

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • $25 Monthly Pet Rent
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,853

Year Built

Built in 1993

Lot Details

0

HOA Fees

$65 per month

Parking

1

Rental Info

  • Date Available: 2022-03-18
  • Application Fee: 50.00
  • Monthly Pet Rent: 25.00
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis, Size/Weight Restriction, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 2300.00
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-03-18
  • Federal Flood Zone: No
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful brick front 3-level townhome in the highly sought after community of Gateway Commons in Gaithersburg, MD. 3 bed, 3.5 bath and 1 attached garage with long driveway. Plenty of guest parking in the community. Open concept dining and living rooms on main level with hardwood floors. Sliding door leads to oversized deck in the fenced in rear yard backed to open common area. Large kitchen with breakfast area has upgraded counter tops, stainless steel appliances, and plenty of cabinet space. Upper level has primary bedroom with ensuite bathroom. Two other bedrooms on upper level share the hallway full bathroom. Finished lower level with large rec area, washer/dryer, utility sink, closets and full bathroom. Access to the 1-car garage from the basement. Conveniently located less than 1 mile to Shady Grove Metro. Easy access to I-270, I-370, ICC, Rockville Pike, Shady Grove Rd and other major routes.. Check out the link for interactive virtual tour. Excellent credit required. Easy online application. $50 app fee per adult.
  • Repair Deductible: 75.00
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stove, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer, Humidifier
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, High
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Garage Access
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1580
  • Price Per Sq Ft: 1.80
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 340
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 111

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front, Vinyl Siding
  • Exterior Features: Exterior Lighting
  • Roof: Asphalt, Shingle
  • View: Trees/Woods, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 65.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Trash, Snow Removal, Management
  • HOA Name: GATEWAY COMMONS
  • HOA Phone: 301-649-1115
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: GAITHERSBURG

Lot Info

  • Fencing: Rear
  • Land Use Code: 011
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2024.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: RPT

Tax Info

  • Assessor Parcel Number: 13976289
  • Assessor Parcel Number: 160902954470
  • Close Date: 04/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 17, 2021
Sold by
Prasanth Kurian
Bought by
Yu Yan and Zhang Xian
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
susan shu
Libra Realty, LLC
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%
Current Estimated Value
$483,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,340
Avg. Annual Appreciation
3.76%
Original Mortgage
$336,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Helton Donald M and Helton Shana R
Bought by
Kurian Prasanth

Purchase Details

Closed on
Mar 31, 2005
Sold by
Morgan William
Bought by
Helton Donald M and Helton Shana R

Purchase Details

Closed on
Mar 21, 2005
Sold by
Morgan William
Bought by
Helton Donald M and Helton Shana R

Purchase Details

Closed on
Feb 14, 2002
Sold by
Sompalli Srinivas
Bought by
Morgan William

Purchase Details

Closed on
Dec 16, 1998
Sold by
L Timing and L Gao J
Bought by
Sompalli Srinivas

Purchase Details

Closed on
Jul 31, 1995
Sold by
Twedt Michael S
Bought by
Gao Timing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

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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
Yu Yan $420,000 Soto Steven D
Kurian Prasanth $339,000 Champion Title & Settlements
Helton Donald M $401,000 --
Helton Donald M $401,000 --
Helton Donald M $401,000 --
Helton Donald M $401,000 --
Morgan William $232,000 --
Sompalli Srinivas $162,000 --
Gao Timing $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yu Yan $336,000
Previous Owner Gao Timing $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Rented $2,400 +4.3% --
03/18/2022 03/18/22 For Rent $2,300 0.0% --
12/20/2021 12/20/21 Sold $420,000 +1.2% $266 / Sq Ft View Prior Sale
10/27/2021 10/27/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $415,000 -- $263 / 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 $4,853 $370,500 -- --
2024 $4,853 $354,700 $0 $0
2023 $4,615 $338,900 $150,000 $188,900
2022 $4,395 $329,933 $0 $0
2021 $3,607 $320,967 $0 $0
2020 $6,940 $312,000 $150,000 $162,000
2019 $3,450 $312,000 $150,000 $162,000
2018 $3,456 $312,000 $150,000 $162,000
2017 $3,447 $314,600 $0 $0
2016 $3,840 $302,400 $0 $0
2015 $3,840 $290,200 $0 $0
2014 $3,840 $278,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2041400

Bright MLS

APN: 09-02954470