NOT LISTED FOR SALE

12 George St Gaithersburg, MD 20877

Estimated Value: $500,000 - $563,000

4 Beds
2 Baths
1,464 Sq Ft
$362/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $496,001 $339 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,284/month

8 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Garden View
  • 0.18 Acre Lot
  • Main Floor Bedroom
  • 4-minute walk to Observatory Park

About This Home

As of May 2024

Welcome to 12 George Street – A Charming Victorian Gem with Endless Possibilities! Nestled on a quiet side street, this captivating residence offers a unique opportunity for versatile living arrangements. Currently configured as two separate 2-bedroom units, this property presents the perfect blend of functionality and flexibility. Whether you're seeking a multi-generational home, an investment opportunity, or the chance to convert it back into a single-family residence, the choice is yours! Step onto the sweet front porch adorned with a swing, shaded by vines, and instantly feel at home.Discover the expansive backyard oasis featuring a charming fire pit – ideal for hosting memorable gatherings with friends and family. Enjoy summer evenings under the stars or cozy up by the fire on cooler nights, creating lasting memories in your own private retreat.The current owner has lovingly cultivated a plethora of plantings, promising a burst of vibrant colors and fragrances soon to grace the property. Embrace the joys of gardening and watch your own oasis come to life with each passing season.Enjoy the convenience of being just moments away from shopping, dining, and transportation options. With easy access to major commuter routes, getting around town has never been easier, ensuring you're always connected to everything you need.Rest easy knowing that the home's systems have been meticulously upgraded and maintained. Each unit boasts 200 Amp service for added convenience and efficiency. Recent upgrades include a new roof in 2018, a furnace replacement for Apt. 2 in 2016, and chimney relining for Apt. 1 in 2021. Additional updates such as exterior painting in 2018, attic insulation in 2023, and the installation of a tankless water heater in 2013, ensure modern comfort and peace of mind for years to come. triple pane krypton windows. eligible for subsidized financing.

Last Agent to Sell the Property

Ellen Levy

RE/MAX Allegiance License #16498 Listed on: 03/29/2024

RE/MAX Allegiance

Co-Listed By

Barry Levy

RE/MAX Allegiance License #SP98560

Last Buyer's Agent

Judy Glazer

Century 21 Redwood Realty

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 1913

Lot Details

  • 7,722 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Garden Views
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Kitchen in Efficiency Studio
  • Stove
  • Range Hood

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Washer
  • Gas Dryer

Unfinished Basement

  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Windows

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 160900841731

Community Details

Overview

  • No Home Owners Association
  • Observatory Heights Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,530

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Inclusions: See addendum
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-03-30
  • Federal Flood Zone: No
  • Year Built: 1913
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 12 George Street – A Charming Victorian Gem with Endless Possibilities! Nestled on a quiet side street, this captivating residence offers a unique opportunity for versatile living arrangements. Currently configured as two separate 2-bedroom units, this property presents the perfect blend of functionality and flexibility. Whether you're seeking a multi-generational home, an investment opportunity, or the chance to convert it back into a single-family residence, the choice is yours! Step onto the sweet front porch adorned with a swing, shaded by vines, and instantly feel at home. Discover the expansive backyard oasis featuring a charming fire pit – ideal for hosting memorable gatherings with friends and family. Enjoy summer evenings under the stars or cozy up by the fire on cooler nights, creating lasting memories in your own private retreat. The current owner has lovingly cultivated a plethora of plantings, promising a burst of vibrant colors and fragrances soon to grace the property. Embrace the joys of gardening and watch your own oasis come to life with each passing season. Enjoy the convenience of being just moments away from shopping, dining, and transportation options. With easy access to major commuter routes, getting around town has never been easier, ensuring you're always connected to everything you need. Rest easy knowing that the home's systems have been meticulously upgraded and maintained. Each unit boasts 200 Amp service for added convenience and efficiency. Recent upgrades include a new roof in 2018, a furnace replacement for Apt. 2 in 2016, and chimney relining for Apt. 1 in 2021. Additional updates such as exterior painting in 2018, attic insulation in 2023, and the installation of a tankless water heater in 2013, ensure modern comfort and peace of mind for years to come. triple pane krypton windows. eligible for subsidized financing.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer - Gas, Range Hood, Refrigerator, Stove, Washer, Water Heater, Water Heater - Tankless
  • Flooring Type: Carpet, Wood
  • Interior Amenities: 2nd Kitchen, Attic, Carpet, Ceiling Fan(s), Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Efficiency, Recessed Lighting, Wood Floors
  • Fireplace: No
  • Foundation Details: Stone
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Unfinished, Windows
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 324.45
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Sq Ft: 624
  • Total Below Grade Sq Ft: 624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Road Surface Type: Black Top
  • Roof: Asphalt, Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSEMONT
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • 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: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7722.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4530.00
  • Assessor Parcel Number: 160900841731
  • Tax Lot: 45
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/03/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 3, 2024
Sold by
Levy Daniel D and Farmer Erin I
Bought by
Mezini Besian
Seller's Agent
Ellen Levy
RE/MAX Allegiance
Buyer's Agent
Judy Glazer
Century 21 Redwood Realty
List Price
$475,000
Sold Price
$496,001
Premium/Discount to List
$21,001
4.42%
Views
106
Current Estimated Value
$529,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,652
Avg. Annual Appreciation
3.19%
Original Mortgage
$506,665
Interest Rate
7.22%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mezini Besian $496,001 Highland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mezini Besian $506,665
Previous Owner Levy Daniel D $225,000
Previous Owner Levy Daniel D $287,000
Previous Owner Levy Daniel D $358,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $496,001 0.0% $339 / Sq Ft
05/03/2024 05/03/24 Sold $496,001 +4.4% $339 / Sq Ft
04/12/2024 04/12/24 For Sale $475,000 0.0% $324 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/05/2024 04/05/24 Pending -- -- --
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $475,000 0.0% $324 / Sq Ft
03/29/2024 03/29/24 For Sale $475,000 -- $324 / 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 $4,778 $347,200 -- --
2024 $4,778 $330,700 $0 $0
2023 $4,401 $314,200 $185,500 $128,700
2022 $4,401 $312,033 $0 $0
2021 $4,204 $309,867 $0 $0
2020 $4,204 $307,700 $185,500 $122,200
2019 $4,096 $300,733 $0 $0
2018 $4,004 $293,767 $0 $0
2017 $3,926 $286,800 $0 $0
2016 -- $275,933 $0 $0
2015 $3,541 $265,067 $0 $0
2014 $3,541 $254,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2125312

Bright MLS

APN: 09-00841731