Seller's Agent in 2020
Elaine Koch
Long & Foster
(301) 840-7320
7 in this area
251 Total Sales
12700 Young Ln Gaithersburg, MD 20878
Estimated Value: $1,154,000 - $1,236,000
5
Beds
4.5
Baths
4,294
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- 1 Fireplace
- Jones Lane Elementary School Rated A
- Recreation Room
- Den
About This Home
As of May 2020Set on a cul-de-sac this five-bedroom brick front home with three car garage is sure to please. Upon entering you are greeted with new gleaming hardwood floors, two story light filled entry way leads to a formal living room to your left with crown molding and oversized archways opening to the formal dining area. The updated kitchen is the heart of this home with quartz counters, new stainless steel appliance, island with cooktop, double wall oven opening to breakfast area and two-story family room. The second floor is home to the sleeping quarters and offers a master suite with tray ceiling, walking closet and en suite complete with dual vanities, granite counters and jetted tub. A second master suite with walk in closet and en suite, two additional bedrooms and a full bath complete this level. Rounding out this home the lower level offers extra living space with wet bar, fifth bedroom with walk in closet, full bath and storage and worry free living of a new roof. Outdoor living is easily accomplished with rear deck leading to oversized patio with hardscaping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,159
Year Built
- Built in 1997
Lot Details
- 0.47 Acre Lot
- Property is zoned R200
Parking
- 3 Car Attached Garage
- Side Facing Garage
Home Design
- Colonial Architecture
- Asphalt Roof
- Vinyl Siding
- Brick Front
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Den
- Recreation Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Potomac Chase Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 160603104731
- $823 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2020
Closed on
May 28, 2020
Sold by
The Carlton Living Trust
Bought by
Silverman Adam and Silverman Lauren S
Seller's Agent
Elaine Koch
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Kay
TTR Sotheby's International Realty
List Price
$925,000
Sold Price
$885,000
Premium/Discount to List
-$40,000
-4.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,570
Avg. Annual Appreciation
5.80%
Original Mortgage
$660,000
Outstanding Balance
$590,182
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$596,915
Purchase Details
Closed on
Apr 9, 2007
Sold by
Carlton Charles H and Carlton Marcia A
Bought by
Carlton Charles H Et Al Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 19, 2006
Sold by
Carlton Charles H and Carlton Marcia A
Bought by
Carlton Charles H Et Al Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 18, 2006
Sold by
Carlton Charles H and Carlton A M
Bought by
Carlton Charles H Et Al Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 10, 2006
Sold by
Carlton Charles H and Carlton A M
Bought by
Carlton Charles H Et Al Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 21, 1997
Sold by
Engle Homes/Virginia Inc
Bought by
A Charles H and A Carlton M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silverman Adam | $885,000 | Pure Title Llc | |
| Carlton Charles H Et Al Tr | -- | -- | |
| Carlton Charles H | -- | -- | |
| Carlton Charles H Et Al Tr | -- | -- | |
| Carlton Charles H | -- | -- | |
| Carlton Charles H Et Al Tr | -- | -- | |
| Carlton Charles H Et Al Tr | -- | -- | |
| A Charles H | $418,930 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silverman Adam | $660,000 | |
| Previous Owner | Carlton Charles H | $471,250 | |
| Previous Owner | Carlton Charles H | $497,400 | |
| Previous Owner | Carlton Charles H | $475,000 | |
| Previous Owner | Carlton Charles H | $475,000 | |
| Previous Owner | Carlton Charles H | $50,000 | |
| Previous Owner | Carlton Charles H | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2020 05/28/20 | Sold | $885,000 | -1.1% | $206 / Sq Ft |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- |
| 03/11/2020 03/11/20 | Price Changed | $895,000 | -1.1% | $208 / Sq Ft |
| 03/03/2020 03/03/20 | Price Changed | $905,000 | -2.2% | $211 / Sq Ft |
| 01/16/2020 01/16/20 | For Sale | $925,000 | -- | $215 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,437 | $855,900 | $249,800 | $606,100 |
| 2023 | $9,205 | $811,667 | $0 | $0 |
| 2022 | $8,304 | $767,433 | $0 | $0 |
| 2021 | $7,753 | $723,200 | $238,000 | $485,200 |
| 2020 | $7,694 | $720,467 | $0 | $0 |
| 2019 | $8,467 | $717,733 | $0 | $0 |
| 2018 | $6,279 | $715,000 | $238,000 | $477,000 |
| 2017 | $8,648 | $710,567 | $0 | $0 |
| 2016 | $7,484 | $706,133 | $0 | $0 |
| 2015 | $7,484 | $701,700 | $0 | $0 |
| 2014 | $7,484 | $687,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Michael Kay
TTR Sotheby's International Realty
(301) 728-8858
19 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC690566
APN: 06-03104731
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