NOT LISTED FOR SALE

116 Meem Ave Gaithersburg, MD 20877

Estimated Value: $464,000 - $521,000

3 Beds
2 Baths
1,326 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $317,000 $239 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,974/month

Highlights

  • 0.22 Acre Lot
  • Traditional Floor Plan
  • Sun or Florida Room
  • Cape Cod Architecture
  • 1 Fireplace
  • No HOA

About This Home

As of May 2018

Charming,really cute,3 bedroom, 2 full bath,Cape Cod home with hardwood floors,wood burning fireplace, sun room, updated kitchen, large back yard,on dead end street. This home is a perfect starter home, beautifully maintained, and in walking distance to shopping, & transportation. Close to Park with pool, picnic area, miniature golf, skate board park, & more. (See Truplace video for floorplan).

Last Agent to Sell the Property

Francie Whitlock

(301) 704-2660 homesbyfrancie@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #0225176791 Listed on: 04/19/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

George Papakostas

(202) 997-2515 GeorgeP@LNF.com Long & Foster Real Estate, Inc. License #577497

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1953

Lot Details

  • 9,504 Sq Ft Lot
  • No Through Street
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Screen For Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Connecting Stairway

Kitchen

  • Stove
  • Freezer
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Meems Add Subdivision, Charming,Very Cute Floorplan

Listing and Financial Details

  • Tax Lot 25B
  • Assessor Parcel Number 160900840612

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,622

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-04-19
  • Year Built: 1953
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Icemaker, Freezer, Dryer, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Floor Plan - Traditional
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Aluminum Siding
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 118.91
  • 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

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 108800.00
  • Land Assessed Value: 157400.00
  • Lot Features: No Thru Street
  • Lot Size Acres: 0.22
  • Lot Size Area: 9504
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9504.00
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943401
  • Tax Annual Amount: 3622.08
  • Assessor Parcel Number: 160900840612
  • Tax Lot: 25B
  • 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 19, 2018
Closed on
May 22, 2018
Sold by
Olling Timothy D and Olling Susan D
Bought by
Villalobos Brian A and Villalobos Melba E
Seller's Agent
Francie Whitlock
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
George Papakostas
Long & Foster Real Estate, Inc.
List Price
$299,900
Sold Price
$317,000
Premium/Discount to List
$17,100
5.7%
Current Estimated Value
$490,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,710
Avg. Annual Appreciation
5.97%
Original Mortgage
$307,490
Outstanding Balance
$265,367
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$225,343

Purchase Details

Closed on
Oct 3, 1996
Sold by
M Clifton M and M Carey E
Bought by
D Timothy D and D Olling S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villalobos Brian A $317,000 Gpn Title Inc
D Timothy D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villalobos Brian A $307,490
Closed Villalobos Brian A $6,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2018 05/22/18 Sold $317,000 +5.7% $239 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $299,900 -- $226 / 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 $4,682 $373,833 -- --
2024 $4,682 $339,067 $0 $0
2023 $3,507 $304,300 $157,400 $146,900
2022 $3,253 $291,600 $0 $0
2021 $3,107 $278,900 $0 $0
2020 $2,924 $266,200 $157,400 $108,800
2019 $2,888 $265,033 $0 $0
2018 $2,873 $263,867 $0 $0
2017 $2,930 $262,700 $0 $0
2016 -- $261,400 $0 $0
2015 $3,543 $260,100 $0 $0
2014 $3,543 $258,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000383832

Bright MLS

APN: 09-00840612