NOT LISTED FOR SALE

12422 Morning Light Terrace Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $374,000 - $447,000

3 Beds
1.5 Baths
1,060 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $315,000 $297 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,605/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • Thurgood Marshall Elementary School Rated A-
  • Eat-In Kitchen
  • Dining Area

About This Home

As of April 2021

This home is located at 12422 Morning Light Terrace, Gaithersburg, MD 20878 since 15 March 2021 and is currently priced at $415,662. This property was built in 1987. 12422 Morning Light Terrace is a home located in Montgomery County with nearby schools including Thurgood Marshall Elementary School, Ridgeview Middle School, and Quince Orchard High School.

Last Agent to Rent the Property

Filly Kotsatos

Long & Foster Real Estate, Inc. Listed on: 03/15/2021

Long & Foster Real Estate, Inc.

Last Renter's Agent

Adrienne Thiry

Weichert, REALTORS License #674813

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,959

Year Built

  • Built in 1987

Lot Details

  • 1,400 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Dining Area
  • Finished Basement
  • Walk-Out Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Thurgood Marshall Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • No Smoking Allowed
  • 24-Month Min and 36-Month Max Lease Term
  • Available 4/30/21
  • Assessor Parcel Number 160602578018

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,959

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Date Available: 2021-04-30
  • Lease Term: 24 Months
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Oven/Range - Electric
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Table Space
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 1060
  • Living Area Sq Ft: 1060
  • Price Per Sq Ft: 2.17
  • Above Grade Finished Sq Ft: 1060
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12422

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: THURGOOD MARSHALL
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: THURGOOD MARSHALL
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1400.00
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 13857999
  • Assessor Parcel Number: 160602578018
  • Close Date: 04/19/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Mar 29, 2019
Sold by
Steelman Debra R
Bought by
Kaloudis Anna
Seller's Agent
Filly Kotsatos
Long & Foster Real Estate, Inc.
Buyer's Agent
Filly Kotsatos
Long & Foster Real Estate, Inc.
Sold Price
$2,100
Current Estimated Value
$415,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,562
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Aug 27, 1987
Bought by
Steelman Debra R
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
Kaloudis Anna $315,000 Courtesy Title & Escrow Corp
Steelman Debra R $60,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Rented $2,150 -6.5% --
03/25/2021 03/25/21 Price Changed $2,300 -6.1% $2 / Sq Ft
03/15/2021 03/15/21 For Rent $2,450 +16.7% --
04/17/2019 04/17/19 Rented $2,100 0.0% --
03/29/2019 03/29/19 Sold $315,000 0.0% $216 / Sq Ft
03/29/2019 03/29/19 For Rent $2,100 0.0% --
03/22/2019 03/22/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $315,000 -- $216 / 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 $3,959 $332,400 -- --
2024 $3,959 $313,000 $136,500 $176,500
2023 $3,778 $298,800 $0 $0
2022 $3,468 $284,600 $0 $0
2021 $3,263 $270,400 $130,000 $140,400
2020 $1,621 $270,400 $130,000 $140,400
2019 $3,229 $270,400 $130,000 $140,400
2018 $2,577 $274,200 $130,000 $144,200
2017 $2,495 $265,367 $0 $0
2016 -- $256,533 $0 $0
2015 $1,958 $247,700 $0 $0
2014 $1,958 $240,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC748366

Bright MLS

APN: 06-02578018