NOT LISTED FOR SALE

116 Middle Point Ct Gaithersburg, MD 20877

Estimated Value: $436,000 - $438,771

3 Beds
4 Baths
2,058 Sq Ft
$212/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $349,000 $170 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,776/month

36 Days on Market

Highlights

  • Colonial Architecture
  • Heat Pump System
  • 5-minute walk to Christman Park
  • 1 Fireplace

About This Home

As of January 2023

PRICE REDUCTION!! Motivated seller. Don't miss this great opportunity!! End of the row townhome in need of some cosmetic updates with amazing potential. Property is being sold AS IS. Seller to leave any furniture requested by buyers including 2 flat-screen TVs and recently purchased primary bedroom set. Please contact listing agent for any questions. Offers will be presented as they come.

Last Agent to Sell the Property

Rachel Miller

(703) 407-8400 rachel.miller@redfin.com Redfin Corporation License #SP40002049 Listed on: 09/28/2022

Redfin Corporation

Last Buyer's Agent

Edwin Nolasco

(443) 839-6589 edwinnolasco@godouglasrealty.com Samson Properties License #678501

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1984

Lot Details

  • 3,180 Sq Ft Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 160901867206

Community Details

Overview

  • Association fees include snow removal
  • Foxwood Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,031

Year Built

Built in 1984

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Remarks Public: PRICE REDUCTION!! Motivated seller. Don't miss this great opportunity!! End of the row townhome in need of some cosmetic updates with amazing potential. Property is being sold AS IS. Seller to leave any furniture requested by buyers including 2 flat-screen TVs and recently purchased primary bedroom set. Please contact listing agent for any questions. Offers will be presented as they come.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stove, Microwave, Refrigerator, Dishwasher, Dryer, Washer
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Total Sq Ft: 2318
  • Living Area Sq Ft: 2058
  • Price Per Sq Ft: 224.01
  • Above Grade Finished Sq Ft: 1558
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 116

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 75.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Snow Removal
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 188100.00
  • Land Assessed Value: 120000.00
  • Land Use Code: R
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3180.00
  • Year Assessed: 2022
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13954974
  • Tax Annual Amount: 4031.00
  • Assessor Parcel Number: 160901867206
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 2058
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/13/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 6, 2023
Sold by
Nguyen Duc
Bought by
Lopez Lucio Adiel Morale and Moreno Rita Umana
Seller's Agent
Rachel Miller
Redfin Corporation
Buyer's Agent
Edwin Nolasco
Samson Properties
List Price
$360,000
Sold Price
$349,000
Premium/Discount to List
-$11,000
-3.06%
Views
59
Current Estimated Value
$437,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,193
Avg. Annual Appreciation
8.67%
Original Mortgage
$314,100
Outstanding Balance
$304,526
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$132,667

Purchase Details

Closed on
Apr 18, 2008
Sold by
Federal Home Loan Mortgage Corp
Bought by
Suntrust Mortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2008
Sold by
Federal Home Loan Mortgage Corp
Bought by
Suntrust Mortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Suntrust Mortgage Inc
Bought by
Nguyen Duc Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2007
Sold by
Lara Ramon A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 11, 2007
Sold by
Lara Ramon A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 8, 2005
Sold by
Caceres Nelson
Bought by
Lara Ramon A

Purchase Details

Closed on
Nov 4, 2004
Sold by
Guzman Roberto A
Bought by
Caceres Nelson

Purchase Details

Closed on
Aug 5, 1998
Sold by
V Ali and V Asgari F
Bought by
Roberto A Guzman
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
Lopez Lucio Adiel Morale $349,000 Household Title
Suntrust Mortgage Inc -- --
Nguyen Duc Ngoc $255,200 --
Suntrust Mortgage Inc -- --
Nguyen Duc Ngoc $255,200 --
Federal Home Loan Mortgage Corp $317,780 --
Federal Home Loan Mortgage Corp $317,780 --
Lara Ramon A $365,000 --
Lara Ramon A $365,000 --
Caceres Nelson $285,000 --
Roberto A Guzman $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lucio Adiel Morale $314,100
Previous Owner Suntrust Mortgage Inc $204,000
Previous Owner Suntrust Mortgage Inc $204,000
Previous Owner Nguyen Duc Ngoc $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $349,000 0.0% $170 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $349,000 -3.1% $170 / Sq Ft
09/28/2022 09/28/22 For Sale $360,000 -- $175 / 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 $4,596 $356,767 -- --
2024 $4,596 $332,433 $0 $0
2023 $4,941 $308,100 $120,000 $188,100
2022 $3,759 $298,467 $0 $0
2021 $3,232 $288,833 $0 $0
2020 $3,088 $279,200 $120,000 $159,200
2019 $3,047 $277,633 $0 $0
2018 $3,283 $276,067 $0 $0
2017 $1,950 $274,500 $0 $0
2016 $3,262 $260,900 $0 $0
2015 $3,262 $247,300 $0 $0
2014 $3,262 $233,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edwin Nolasco

    Buyer's Agent in 2023

    Edwin Nolasco

    Samson Properties

    (443) 839-6589

    1 in this area

    20 Total Sales

    Edwin Nolasco
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Map

Source: Bright MLS

MLS Number: MDMC2070608

Bright MLS

APN: 09-01867206

Maryland Montgomery County Gaithersburg 20877

116 Middle Point Ct, Gaithersburg, MD

This home is located at 116 Middle Point Ct, Gaithersburg, MD 20877 since 28 September 2022 and is currently estimated at $437,193, approximately $212 per square foot. This property was built in 1984. 116 Middle Point Ct is a home located in Montgomery County with nearby schools including Summit Hall Elementary School, Forest Oak Middle School, and Gaithersburg High School.

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