$1,240,000
SOLD JUL 1, 2025

12701 Altice Ct Gaithersburg, MD 20878

5 Beds
3.5 Baths
3,548 Sq Ft
0.53 Acres

Recently Sold

$349 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • In Ground Pool
  • 0.53 Acre Lot
  • Recreation Room
  • Jones Lane Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of July 2025

Shangri-La!!
This charming Colonial-style residence, built in 1998, offers a perfect blend of comfort and elegance. With 5 spacious bedrooms and 3.5 bathrooms, there's plenty of room for relaxation and entertaining.
Step outside into your own private paradise, Enjoy the inground pool with lush landscaping and multiple entertaining areas.
The first floor boasts formal living and dining rooms, a spacious tablespace kitchen which opens to the family room with gas fireplace and spacious library/home office.

Last Agent to Sell the Property

Marie McCormack

Long & Foster Real Estate, Inc. License #SP30273 Listed on: 05/07/2025

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Meredith Salita

Compass License #5001550

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,893

Year Built

  • Built in 1998

Lot Details

  • 0.53 Acre Lot
  • Property is zoned R200

Parking

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

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Pool

  • In Ground Pool

Schools

  • Jones Lane Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Chase Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 160603126590

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,893

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Remarks Public: Shangri-La!! This charming Colonial-style residence, built in 1998, offers a perfect blend of comfort and elegance. With 5 spacious bedrooms and 3.5 bathrooms, there's plenty of room for relaxation and entertaining. Step outside into your own private paradise, Enjoy the inground pool with lush landscaping and multiple entertaining areas. The first floor boasts formal living and dining rooms, a spacious tablespace kitchen which opens to the family room with gas fireplace and spacious library/home office.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Library, Foyer, Breakfast Room, Recreation Room, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 4696
  • Living Area Sq Ft: 3548
  • Price Per Sq Ft: 398.58
  • Above Grade Finished Sq Ft: 2948
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 1148
  • Total Below Grade Sq Ft: 1748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12701

Beds/Baths

  • Bedrooms: 5
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Pool Features: In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JONES LANE
  • 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: JONES LANE
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22921.00
  • Year Assessed: 2025
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8893.00
  • Assessor Parcel Number: 160603126590
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 3548
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/01/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2025
Closed on
Jul 1, 2025
Sold by
Cornner Matthew
Bought by
Musick Gayle Lynn and Musick James Gregory
Seller's Agent
Marie McCormack
Long & Foster Real Estate, Inc.
Buyer's Agent
Meredith Salita
Compass
List Price
$1,175,000
Sold Price
$1,240,000
Premium/Discount to List
$65,000
5.53%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-42.93%
Original Mortgage
$992,000
Outstanding Balance
$992,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$173,809

Purchase Details

Closed on
Jul 15, 2022
Sold by
Matthew Cornner
Bought by
Cornner Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Cornner Matthew D
Bought by
Cornner Matthew D 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
$720,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 8, 2006
Sold by
Cornner Matthew D
Bought by
Cornner Matthew D 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
$720,000
Interest Rate
6.42%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 31, 2004
Sold by
Quilodran Paul and Quilodran N
Bought by
Cornner Matthew D

Purchase Details

Closed on
May 7, 1998
Sold by
Nvr Homes Inc
Bought by
Quilodran Paul and Quilodran N

Purchase Details

Closed on
Nov 21, 1997
Sold by
Vista Land Corp
Bought by
Nvr Homes Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,240,000 First American Title
Deed -- Certified Title
Deed -- Certified Title
Deed -- --
Deed -- --
Deed $780,000 --
Deed $780,000 --
Deed $356,595 --
Deed $144,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $992,000 New Conventional
Previous Owner $54,000 New Conventional
Previous Owner $591,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $720,000 Stand Alone Second
Previous Owner $720,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $1,240,000 +5.5% $349 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $1,175,000 -- $331 / 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
2024 $8,893 $721,800 $253,100 $468,700
2023 $8,037 $710,233 $0 $0
2022 $5,631 $698,667 $0 $0
2021 $7,355 $687,100 $241,100 $446,000
2020 $16,039 $684,700 $0 $0
2019 $7,973 $682,300 $0 $0
2018 $7,952 $679,900 $241,100 $438,800
2017 $8,131 $675,033 $0 $0
2016 $6,903 $670,167 $0 $0
2015 $6,903 $665,300 $0 $0
2014 $6,903 $648,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2179242

Bright MLS

APN: 06-03126590