NOT LISTED FOR SALE

117 Coral Reef Terrace Gaithersburg, MD 20878

Estimated Value: $448,000 - $477,000

2 Beds
2.5 Baths
1,420 Sq Ft
$323/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $389,900 $275 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,883/month

Highlights

  • Scenic Views
  • Open Floorplan
  • Deck
  • Fields Road Elementary School Rated A-
  • Colonial Architecture
  • Premium Lot

About This Home

As of October 2021

WELCOME TO THIS SUN-FILLED AND RENOVATED TOWNHOME IN THE PARK SUMMIT COMMUNITY FEATURES RENOVATED KITCHEN WITH GRANITE COUNTERTOPS, BREAKFAST AREA, LIVING ROOM WITH DESIGNER WOOD FLOORS, WOOD BURNING FIREPLACE, SEPARATE DINING AREA LEADING TO EXPANSIVE REAR DECK WITH PRIVATE SCENIC VIEWS. UPPER LEVEL FEATURE SPACIOUS PRIMARY BEDROOM, SECOND BEDROOM, DESIGNER WOOD FLOORS AND RENOVATED FULL BATH. WALKOUT LOWER LEVEL WITH GUEST BATHROOM, OPEN GATHERING ROOM, MINI BAR, WITH ACCESS TO REAR PATIO AND OPEN YARD. AMPLE STORAGE, OPEN PARKING AND PARK SUMMIT COMMUNITY AMENITIES, TOT LOTS, TENNIS COURTS, OUTDOOR POOL, ETC.. EXCELLENT LOCATION NEAR, NIST, DOWNTOWN CROWN, I270, ICC, SHADY GROVE METRO AND MUCH MORE.

Last Agent to Sell the Property

Sintia Petrosian

(301) 395-8817 spetrosian@ttrsir.com TTR Sotheby's International Realty License #10401382207 Listed on: 09/16/2021

TTR Sotheby's International Realty

Co-Listed By

Marc Fleisher

(202) 438-4880 marc@fleisherarrowood.com Compass

Last Buyer's Agent

robert scott

(301) 252-0618 robert@scottteamint.com Long & Foster Real Estate, Inc. License #5004192

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 1989 | Remodeled in 2018

Lot Details

  • 2,200 Sq Ft Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Landscaped
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

HOA Fees

  • $93 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Double Hung Windows
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Rear Basement Entry
  • Basement Windows

Home Security

Parking

  • Private Parking
  • Parking Lot
  • Off-Street Parking
  • Rented or Permit Required
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Unassigned Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Water Dispenser
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 160902705007

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, management, reserve funds
  • Park Summit HOA, Phone Number (301) 540-8600
  • Park Summit Codm Subdivision
  • Property Manager

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Common Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,889

Year Built

Built in 1989 | Remodeled in 2018

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: WELCOME TO THIS SUN-FILLED AND RENOVATED TOWNHOME IN THE PARK SUMMIT COMMUNITY FEATURES RENOVATED KITCHEN WITH GRANITE COUNTERTOPS, BREAKFAST AREA, LIVING ROOM WITH DESIGNER WOOD FLOORS, WOOD BURNING FIREPLACE, SEPARATE DINING AREA LEADING TO EXPANSIVE REAR DECK WITH PRIVATE SCENIC VIEWS. UPPER LEVEL FEATURE SPACIOUS PRIMARY BEDROOM, SECOND BEDROOM, DESIGNER WOOD FLOORS AND RENOVATED FULL BATH. WALKOUT LOWER LEVEL WITH GUEST BATHROOM, OPEN GATHERING ROOM, MINI BAR, WITH ACCESS TO REAR PATIO AND OPEN YARD. AMPLE STORAGE, OPEN PARKING AND PARK SUMMIT COMMUNITY AMENITIES, TOT LOTS, TENNIS COURTS, OUTDOOR POOL, ETC.. EXCELLENT LOCATION NEAR, NIST, DOWNTOWN CROWN, I270, ICC, SHADY GROVE METRO AND MUCH MORE.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Icemaker, Oven/Range - Electric, Refrigerator, Washer, Water Dispenser
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Floor Plan - Open
  • Window Features: Double Hung, Double Pane, Insulated
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Walkout Level, Interior Access, Improved, Windows
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1420
  • Price Per Sq Ft: 348.12
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 117

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • 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: Aluminum Siding
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Trees/Woods, Scenic Vista, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Private, Rented/Permit Required, Unassigned
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 93.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Management, Reserve Funds
  • HOA Name: PARK SUMMIT HOA
  • HOA Phone: 301-540-8600
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 191700.00
  • Land Assessed Value: 120000.00
  • Land Use Code: 011
  • Lot Features: Backs - Open Common Area, Backs To Trees, Cul-De-Sac, Landscaping, Premium, Trees/Wooded
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R20
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13971220
  • Tax Annual Amount: 3889.00
  • Assessor Parcel Number: 160902705007
  • Tax Lot: 141
  • Tax Total Finished Sq Ft: 1420
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/22/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 22, 2021
Sold by
Roschke Bernardo and Roschke Hilary
Bought by
Rosario Tewodros and Yerga Erest
Seller's Agent
Sintia Petrosian
TTR Sotheby's International Realty
Buyer's Agent
robert scott
Long & Foster Real Estate, Inc.
List Price
$389,900
Sold Price
$389,900
Current Estimated Value
$459,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,214
Avg. Annual Appreciation
4.15%
Original Mortgage
$339,900
Outstanding Balance
$309,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$149,157

Purchase Details

Closed on
Jun 9, 2004
Sold by
Peterson Christopher B
Bought by
Roschke Bernardo and Roschke Hilary

Purchase Details

Closed on
May 28, 2004
Sold by
Peterson Christopher B
Bought by
Roschke Bernardo and Roschke Hilary
Source: Public Records

Range of Values:

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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
Rosario Tewodros $389,900 Peak Settlements Llc
Roschke Bernardo $291,800 --
Roschke Bernardo $291,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Tewodros $339,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $389,900 0.0% $275 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $389,900 -- $275 / 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 $4,578 $356,833 -- --
2024 $4,578 $334,267 $0 $0
2023 $4,946 $311,700 $120,000 $191,700
2022 $3,398 $305,700 $0 $0
2021 $6,675 $299,700 $0 $0
2020 $6,395 $293,700 $120,000 $173,700
2019 $3,198 $292,067 $0 $0
2018 $3,696 $290,433 $0 $0
2017 $3,052 $288,800 $0 $0
2016 -- $272,400 $0 $0
2015 $3,294 $256,000 $0 $0
2014 $3,294 $239,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sintia Petrosian

    Seller's Agent in 2021

    Sintia Petrosian

    TTR Sotheby's International Realty

    (301) 395-8817

    3 in this area

    77 Total Sales

    Sintia Petrosian
    Section Image
  • Marc Fleisher

    Seller Co-Listing Agent in 2021

    Marc Fleisher

    Compass

    (202) 438-4880

    1 in this area

    83 Total Sales

    Marc Fleisher
    Section Image
  • robert scott

    Buyer's Agent in 2021

    robert scott

    Long & Foster

    (301) 252-0618

    4 in this area

    98 Total Sales

    robert scott
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2015964

Bright MLS

APN: 09-02705007

Maryland Montgomery County Gaithersburg 20878

117 Coral Reef Terrace, Gaithersburg, MD

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