NOT LISTED FOR SALE

12702 Young Ln Gaithersburg, MD 20878

Estimated Value: $1,160,000 - $1,318,000

5 Beds
4.5 Baths
4,332 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2024

Last sale price $1,250,000 $289 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,467 / mo

9 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.54 Acre Lot
  • Dual Staircase
  • Jones Lane Elementary School Rated A
  • Open Floorplan
  • Colonial Architecture

About This Home

As of August 2024

Elegant Luxury Home Backing to Wooded Conservation Area--Welcome to your dream home, a sanctuary of elegance and sophistication nestled at the end of a serene cul-de-sac. This luxurious residence features a long, grand driveway that sets the stage for the ideal setting within.

As you step through the front door, you are greeted by a spacious two-story foyer that flows seamlessly into the home's main living areas. The first floor boasts a thoughtfully designed layout, ideal for both intimate gatherings and grand entertaining. The formal living and dining rooms exude timeless elegance, while the inviting family room, with its magnificent two-story stone fireplace and expansive windows with custom blinds, offers breathtaking views of the wooded conservation area beyond. The main floor features newly refinished flooring, classic crown moulding, and chair rail.

The gourmet kitchen is a chef’s delight, with ample counter space and an island perfect for casual dining or meal preparation. A dedicated office space with built-in shelving on the first floor provides the perfect environment for productivity and focus.

Two graceful staircases lead to the upper level, where four generously sized bedrooms and three full baths await. The owner’s suite is a private retreat, complete with an enormous closet, a modern fan, a cozy sitting room, and a large en suite bath with dual sinks, a jacuzzi tub, a water closet, and a stand-up shower, offering a tranquil escape from the everyday. The three additional bedrooms are generously sized with large closets and windows. Bedroom 2 has its own private bath, and bedrooms 3 and 4 share a convenient Jack-and-Jill bath. The large upstairs hall, open to below, has a spacious linen closet and provides plenty of space between rooms for added privacy. The entire upstairs has brand new neutral carpeting that is perfect with your decor.

The fully finished, walk-out basement adds a new dimension of luxury living, with a spacious recreation area, an additional bedroom and full bath, and an extra room that can serve as an office, den, or workout space. Ample storage with built-in shelving ensures that everything has its place.

Outside, the large deck off the kitchen is perfect for dining al fresco. It has a staircase that leads to the lower-level patio and the backyard. Both outdoor spaces provide beautiful views of the private backyard and picturesque conservation area. The backyard also has a wonderful garden for growing your own produce and flowers.

Experience the epitome of luxury living in this exquisite home, where every detail has been crafted to provide comfort, elegance, and a seamless flow for modern living. Welcome home.

Last Agent to Sell the Property

Audrey Romano

(240) 219-2422 audrey.romano@compass.com Compass License #654380 Listed on: 07/06/2024

Compass

Co-Listed By

Nancy Terry

(301) 975-9500 nancy.terry@longandfoster.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Shipra Vohra

(301) 652-0643 shipravohra24@gmail.com RLAH @properties License #668522

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,542

Year Built

  • Built in 2000

Lot Details

  • 23,696 Sq Ft Lot
  • Property is zoned R200

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Transitional Architecture
  • Traditional Architecture
  • Permanent Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3.5 Levels
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Loft
  • Laundry on main level

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Chase Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160603104742

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,542

Year Built

Built in 2000

Lot Details

0.54 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Traditional, Transitional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-07-06
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Double/Dual Staircase, Family Room Off Kitchen, Floor Plan - Traditional, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3.5
  • Room List: Loft
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Outside Entrance, Rear Entrance, Walkout Level
  • Laundry Type: Main Floor, Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 6722
  • Living Area Sq Ft: 4332
  • Price Per Sq Ft: 294.32
  • Above Grade Finished Sq Ft: 4332
  • Below Grade Sq Ft: 2390
  • Total Below Grade Sq Ft: 2390
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 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
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Roof: Architectural Shingle
  • Spa: 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: Shared Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Inside Access
  • 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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: JONES LANE
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23696.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 10542.00
  • Assessor Parcel Number: 160603104742
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 22, 2024
Sold by
Kelly-Siebenlist Kathleen
Bought by
Sawhney Anil and Nanda Monika
Seller's Agent
Audrey Romano
Compass
Buyer's Agent
Shipra Vohra
RLAH @properties
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
144
Current Estimated Value
$1,234,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,264
Avg. Annual Appreciation
-0.73%
Original Mortgage
$1,000,000
Outstanding Balance
$985,682
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$249,054

Purchase Details

Closed on
Apr 13, 2000
Sold by
Lakeland Corp
Bought by
Siebenlist Ulrich and Siebenlist Kathleen Kelly

Purchase Details

Closed on
Mar 11, 1999
Sold by
Steinbach Joav
Bought by
Lakeland Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sawhney Anil $1,250,000 Fidelity National Title
Sawhney Anil $1,250,000 Fidelity National Title
Siebenlist Ulrich $506,295 --
Lakeland Corp $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawhney Anil $1,000,000
Closed Sawhney Anil $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $1,250,000 -2.0% $289 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $1,275,000 -- $294 / Sq Ft
Source: Bright MLS

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 $11,049 $1,000,400 -- --
2024 $11,049 $909,100 $254,000 $655,100
2023 $9,850 $867,633 $0 $0
2022 $8,952 $826,167 $0 $0
2021 $8,369 $784,700 $242,000 $542,700
2020 $8,369 $781,600 $0 $0
2019 $9,137 $778,500 $0 $0
2018 $9,110 $775,400 $242,000 $533,400
2017 $9,219 $771,133 $0 $0
2016 -- $766,867 $0 $0
2015 $7,553 $762,600 $0 $0
2014 $7,553 $730,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2135598

Bright MLS

APN: 06-03104742

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