NOT LISTED FOR SALE

12702 Gorman Cir Boyds, MD 20841

Estimated Value: $873,000 - $925,000

5 Beds
4.5 Baths
3,601 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $575,000 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,584/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Formal Dining Room
  • William B. Gibbs Jr. Rated A-
  • Wood Flooring
  • 5-minute walk to Ethel Rose Playground

About This Home

As of March 2020

Stunning Colonial home featuring 5 spacious bedrooms, 3.5 baths, gourmet center-island kitchen with granite counters, stainless steel appliances, bright breakfast room addition, family room with floor-to-ceiling stone gas fireplace, formal living and dining room, butlers pantry, main level office/den, hardwood flooring, 2-story foyer, master suite with separate sitting area and tray ceiling, fully finished basement with rec room, 5th bedroom and full bath. Exterior features front porch area and rear spacious deck.

Last Agent to Sell the Property

Timon Mitrakas

info@platinumreo.net Bang Realty License #0225179780 Listed on: 11/20/2019

Last Buyer's Agent

April West

(301) 442-0106 RealtorAprilMD@gmail.com Charis Realty Group License #660004

Charis Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 2006

Lot Details

  • 6,129 Sq Ft Lot
  • Sprinkler System
  • Property is zoned R200

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,601 Sq Ft Home
  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Stone Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Laundry on upper level
  • Finished Basement

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Utilities

  • Forced Air Zoned Cooling and Heating System

Community Details

  • Summerfield Crossing Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160203450673

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,012

Year Built

Built in 2006

Lot Details

0

HOA Fees

$85 per month

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
  • Year Built: 2006
  • Remarks Public: Stunning Colonial home featuring 5 spacious bedrooms, 3.5 baths, gourmet center-island kitchen with granite counters, stainless steel appliances, bright breakfast room addition, family room with floor-to-ceiling stone gas fireplace, formal living and dining room, butlers pantry, main level office/den, hardwood flooring, 2-story foyer, master suite with separate sitting area and tray ceiling, fully finished basement with rec room, 5th bedroom and full bath. Exterior features front porch area and rear spacious deck.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Butlers Pantry, Carpet, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Soaking Tub, Sprinkler System, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3601
  • Living Area Sq Ft: 3601
  • Price Per Sq Ft: 163.84
  • Above Grade Finished Sq Ft: 3601
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12702

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 85.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 385800.00
  • Land Assessed Value: 119500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6129.00
  • Year Assessed: 2019
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14093830
  • Tax Annual Amount: 6012.00
  • Assessor Parcel Number: 160203450673
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 3601
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 03/06/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Feb 28, 2020
Sold by
Hsbc Bank Usa National Association
Bought by
Sullivan Daniel J and Sullivan Kelly Tracy
Seller's Agent
Timon Mitrakas
Bang Realty
Buyer's Agent
April West
Charis Realty Group
List Price
$620,000
Sold Price
$575,000
Premium/Discount to List
-$45,000
-7.26%
Current Estimated Value
$903,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,811
Avg. Annual Appreciation
8.50%
Original Mortgage
$546,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
Joyce Preston
Bought by
Hsbc Bank Usa National Association and Wells Fargo Asset Securities Corporation
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
Sullivan Daniel J $575,000 Covenant Title & Escrow Llc
Hsbc Bank Usa National Association $477,951 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Daniel J $546,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $575,000 -2.5% $160 / Sq Ft
01/09/2020 01/09/20 Price Changed $590,000 -4.8% $164 / Sq Ft
11/20/2019 11/20/19 For Sale $620,000 -- $172 / 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 $8,497 $743,700 -- --
2024 $8,497 $699,200 $148,100 $551,100
2023 $7,167 $645,700 $0 $0
2022 $6,251 $592,200 $0 $0
2021 $5,606 $538,700 $148,100 $390,600
2020 $5,459 $527,567 $0 $0
2019 $6,012 $516,433 $0 $0
2018 $5,199 $505,300 $119,500 $385,800
2017 $5,339 $501,767 $0 $0
2016 -- $498,233 $0 $0
2015 $4,003 $494,700 $0 $0
2014 $4,003 $467,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC687894

Bright MLS

APN: 02-03450673