NOT LISTED FOR SALE

12023 Montrose Village Terrace Rockville, MD 20852

Estimated Value: $1,236,000 - $1,348,000

5 Beds
3.5 Baths
3,509 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $1,207,000 $344 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,695/month

6 Days on Market

Highlights

  • Water Views
  • Water Oriented
  • Open Floorplan
  • Farmland Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Colonial Architecture

About This Home

As of April 2023

Incredibly rare opportunity knocks in sought-after Montrose Village! A cozy enclave with a wonderfully convenient location. These homes seldomly come available. And this home, with its premier lot, checks all the boxes! Marvelous water and wooded views. Bright inviting interior with nice flow. Gleaming oak floors throughout the main level and upper staircase. Beautifully renovated kitchen with outstanding views. Step out onto the large deck...and you'll smile! The kitchen's exceptional cabinet and granite counter space, two dishwashers, Thermador oven and stainless finishes are sure to be appreciated. As will the Family room's granite-faced masonry fireplace with gas log set. The large Den/office includes custom built-ins. Spacious owner's bedroom with two, custom-fitted, walk-in closets and a beautifully renovated bathroom. The lower level is fully finished and includes a level walkout exit through double doors to the custom patio and fenced yard. That level includes a 5th bedroom and full bath. Many improvements, including an upgraded roof as well as windows and exterior doors throughout. A very comfortable home with two car garage, new driveway and an unbeatable location. Close-knit community with congenial neighbors. OFFERS DUE TUESDAY 3/21. Some images are virtual. This one is simply too good to last.

Last Agent to Sell the Property

Mark Goldberg

(301) 351-7200 mark@goldberghomes.com Compass License #SP93674 Listed on: 03/16/2023

Compass

Last Buyer's Agent

Li Zhang

(240) 731-7070 lz_inc@yahoo.com UnionPlus Realty, Inc. License #576093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,919

Year Built

  • Built in 1987 | Remodeled in 2003

Lot Details

  • 7,643 Sq Ft Lot
  • West Facing Home
  • Picket Fence
  • Board Fence
  • Landscaped
  • Backs to Trees or Woods
  • Back Yard Fenced and Side Yard
  • Property is in excellent condition
  • Property is zoned R60

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Water
  • Woods

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Screen For Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Six Panel Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Self-Cleaning Double Oven
  • Electric Oven or Range
  • Down Draft Cooktop
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Electric Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Rain Gutters

Schools

  • Farmland Elementary School
  • Tilden Middle School
  • Walter Johnson High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 110 Volts
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, reserve funds, snow removal, trash
  • Montrose Village HOA, Phone Number (301) 351-7200
  • Built by Lipnick Construction
  • Montrose Village Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 18
  • Assessor Parcel Number 160402384286

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,919

Year Built

Built in 1987 | Remodeled in 2003

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-17
  • Federal Flood Zone: No
  • Year Built: 1987
  • Year Renovated: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven - Double, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Cooktop - Down Draft, Icemaker, Oven - Wall
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Table Space, Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors, Whirlpool/Hottub, Walk-In Closet(s), Tub Shower, Skylight(s), Kitchen - Gourmet, Floor Plan - Traditional, Crown Moldings, Ceiling Fan(s), Carpet, Built-Ins
  • Window Features: Double Pane, Replacement, Screens, Skylights, Bay/Bow
  • Fireplace Features: Brick, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Laundry Type: Lower Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 3509
  • Living Area Sq Ft: 3509
  • Price Per Sq Ft: 488.49
  • Above Grade Finished Sq Ft: 2354
  • Below Grade Finished Sq Ft: 1155
  • Total Below Grade Sq Ft: 1155
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Gutter System, Flood Lights, Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • Spa: No
  • View: Water, Trees/Woods
  • Water Access: No
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, Off Street, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 406.87
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 2394.00
  • Electric Service: 110 Volts
  • Gas Avg Month: 198.25
  • Gas Prev12 Months: 2379.00
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Under Ground, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, Fiber Optic, Broadband

Condo/Co-op/Association

  • HOA Fees: 460.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Snow Removal, Trash
  • HOA Name: MONTROSE VILLAGE
  • HOA Phone: 301.351.7200
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FARMLAND
  • High School: WALTER JOHNSON
  • Middle Or Junior School: TILDEN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Rear, Board, Picket
  • Improvement Assessed Value: 339100.00
  • Land Assessed Value: 451000.00
  • Lot Features: Backs To Trees, Landscaping, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7643.00
  • Property Condition: Excellent
  • Zoning: R60
  • In City Limits: No

Building Info

  • Builder Name: Lipnick Construction

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13830296
  • Tax Annual Amount: 8918.89
  • Assessor Parcel Number: 160402384286
  • Tax Lot: 18
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 12, 2023
Sold by
Alon Gad
Bought by
Zhang Yuan and Tao Jie
Seller's Agent
Mark Goldberg
Compass
Buyer's Agent
Li Zhang
UnionPlus Realty, Inc.
List Price
$1,149,900
Sold Price
$1,207,000
Premium/Discount to List
$57,100
4.97%
Views
23
Current Estimated Value
$1,298,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,812
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Jan 7, 1987
Bought by
Alon Gad and Alon Z
Source: Public Records

Range of Values:

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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
Zhang Yuan $1,207,000 Icon Title
Alon Gad $245,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $1,207,000 +5.0% $344 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,149,900 -- $328 / 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 $9,727 $926,167 -- --
2024 $9,727 $790,100 $451,000 $339,100
2023 $8,813 $772,600 $0 $0
2022 $6,086 $755,100 $0 $0
2021 $16,454 $737,600 $429,500 $308,100
2020 $8,450 $737,600 $429,500 $308,100
2019 $7,927 $737,600 $429,500 $308,100
2018 $8,281 $769,500 $390,400 $379,100
2017 $8,111 $739,433 $0 $0
2016 -- $709,367 $0 $0
2015 $6,479 $679,300 $0 $0
2014 $6,479 $666,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2079100

Bright MLS

APN: 04-02384286