NOT LISTED FOR SALE

12224 Morning Light Terrace Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $859,240 - $950,000

4 Beds
3.5 Baths
2,812 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $635,000 $226 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,755/month

111 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.24 Acre Lot
  • Wood Flooring
  • Thurgood Marshall Elementary School Rated A-
  • Colonial Architecture
  • Whirlpool Bathtub

About This Home

As of November 2014

Open Sunday 9/21 2-4 4BR colonial in excellent condition & newer roof! Enter through two story foyer with spiral staircase, gourmet kit with ceramic tile flrs & granite counters. Hardwood floors in foyer, living room, and dining room. Lovely MBR suite with skylights & whirlpool tub. Full finished bsmnt. Two car garage w/ insulated garage.

Last Agent to Sell the Property

Karen Rollings

EXP Realty, LLC License #66514 Listed on: 06/26/2014

EXP Realty, LLC

Co-Listed By

Sherry Felice

EXP Realty, LLC License #80414

Last Buyer's Agent

Candace Gale

Classic Select Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,772

Year Built

  • Built in 1987

Lot Details

  • 10,491 Sq Ft Lot
  • Property is zoned R200

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Chair Railings
  • Crown Molding
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Quince Orchard Valley Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160602576486

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,772

Year Built

Built in 1987

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Remarks Public: Open Sunday 9/21 2-4 4BR colonial in excellent condition & newer roof! Enter through two story foyer with spiral staircase, gourmet kit with ceramic tile flrs & granite counters. Hardwood floors in foyer, living room, and dining room. Lovely MBR suite with skylights & whirlpool tub. Full finished bsmnt. Two car garage w/ insulated garage.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Butlers Pantry, Kitchen - Gourmet, Breakfast Area, Kitchen - Table Space, Dining Area, Upgraded Countertops, Chair Railings, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors, Whirlpool/Hottub
  • Fireplace Features: Equipment, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Sump Pump, Daylight, Full, Fully Finished, Heated, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 12224

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 26.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 393600.00
  • Land Assessed Value: 195300.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10491
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10491.00
  • Year Assessed: 2014
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13920489
  • Tax Annual Amount: 6771.58
  • Assessor Parcel Number: 160602576486
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2812
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 11/21/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2014
Closed on
Nov 21, 2014
Sold by
Brookfield Relocation Inc
Bought by
Germain Blair and Germain Erikca Blair
Seller's Agent
Karen Rollings
EXP Realty, LLC
Buyer's Agent
Candace Gale
Classic Select Inc
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Current Estimated Value
$917,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,060
Avg. Annual Appreciation
3.44%
Original Mortgage
$635,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2011
Sold by
National Residential Nominee Services In
Bought by
Urban Jason and Xu Jixiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Baffa Raffaele and Baffa Antonietta C
Bought by
National Residential Nominee Services In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Yazdani Syed
Bought by
Baffa Raffaele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Yazdani Syed
Bought by
Baffa Raffaele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2005
Sold by
Davis Chen
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
May 21, 2004
Sold by
Davis Chen
Bought by
Prudential Relocation Inc

Purchase Details

Closed on
Jun 14, 2001
Sold by
Seetharam Sampath I and Seetharam I
Bought by
Davis Chen and Davis Susan S
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
Germain Blair $635,000 Brennan Title Company
Brookfield Relocation Inc $635,000 Brennan Title Company
Urban Jason $625,000 Brennan Title Company
National Residential Nominee Services In $625,000 Brennan Title Company
Baffa Raffaele $595,000 --
Baffa Raffaele $595,000 --
Prudential Relocation Inc $580,000 --
Yazdani Syed $568,000 --
Yazdani Syed $568,000 --
Prudential Relocation Inc $580,000 --
Yazdani Syed $568,000 --
Yazdani Syed $568,000 --
Davis Chen $381,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Germain $697,500
Closed Brookfield Relocation Inc $635,000
Previous Owner Xu Jixiang $550,000
Previous Owner Urban Jason $562,500
Previous Owner National Residential Nominee Services In $562,500
Previous Owner Baffa Raffaele $400,000
Previous Owner Baffa Raffaele $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $635,000 0.0% $226 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/13/2014 09/13/14 Price Changed $635,000 -2.2% $226 / Sq Ft
07/30/2014 07/30/14 Price Changed $649,500 -3.8% $231 / Sq Ft
06/27/2014 06/27/14 For Sale $675,000 +6.3% $240 / Sq Ft
06/26/2014 06/26/14 Off Market $635,000 -- --
06/26/2014 06/26/14 For Sale $675,000 -- $240 / 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 $8,493 $774,467 -- --
2024 $8,493 $698,900 $225,600 $473,300
2023 $7,655 $688,033 $0 $0
2022 $7,188 $677,167 $0 $0
2021 $6,821 $666,300 $214,800 $451,500
2020 $6,821 $651,033 $0 $0
2019 $6,636 $635,767 $0 $0
2018 $6,472 $620,500 $214,800 $405,700
2017 $6,479 $609,967 $0 $0
2016 $5,324 $599,433 $0 $0
2015 $5,324 $588,900 $0 $0
2014 $5,324 $571,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003079948

Bright MLS

APN: 06-02576486