NOT LISTED FOR SALE

162 Chevy Chase St Unit A Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $617,000 - $709,000

3 Beds
2.5 Baths
2,532 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $637,000 $252 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,713/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Community Pool
  • Rachel Carson Elementary School Rated A
  • Combination Kitchen and Living
  • Tennis Courts

About This Home

As of October 2023

**This is the one you have been waiting for** Spacious upper levelTownhouse located in the highly sought after Kentlands community and just a few hundred feet away from quality shopping, restaurants, movie theaters and more. This 3-bedroom, 2.5-bathroom home offers 2532 square feet of living space.

Tons of custom upgrades include high quality 4 inch plantation shutters on the main level and primary suite as well as gorgeous hardwood flooring throughout the majority of the home and two sided gas fireplace between the dining and family room. The gourmet kitchen boasts granite counter tops and stainless steel appliances. Additionally, the family and dining areas have striking shiplap accent walls.

The Owners suite has cathedral ceilings with custom board and batten wall as well as two custom barn doors leading to the walk-in closet and private owners bath. You will love the convenient top-floor laundry, relaxing balcony, and convenient one car garage.

There is no contract deadline. Owner would prefer a 30 day rent back period. Contact listing agent for details.

Last Agent to Sell the Property

Kevin Grolig

Compass License #88508 Listed on: 09/07/2023

Compass

Co-Listed By

LIDIA ARCHER

Compass License #0675263

Last Buyer's Agent

Kathleen Martin

Real Broker, LLC - Gaithersburg License #657118

Real Broker, LLC - Gaithersburg

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 2000

Lot Details

  • 1,699

HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,532 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Six Panel Doors
  • Combination Kitchen and Living

Kitchen

  • Eat-In Kitchen
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Rachel Carson Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Doors swing in
  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 160903314848

Community Details

Overview

  • Association fees include pool(s), common area maintenance, lawn care front, lawn maintenance, management, snow removal
  • Kentlands Citizens Assembly HOA
  • Kentlands Codm Condos
  • Kentlands Codm Community
  • Kentlands Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,374

Year Built

Built in 2000

Lot Details

0

HOA Fees

$492 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-09-07
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Living, Crown Moldings, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Price Per Sq Ft: 256.71
  • Above Grade Finished Sq Ft: 2532
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 162

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Broadband

Condo/Co-op/Association

  • HOA Fees: 113.70
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 378.31
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Kentlands CODM
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Lawn Care Front, Lawn Maintenance, Management, Snow Removal
  • HOA Name: KENTLANDS CITIZENS ASSEMBLY
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RACHEL CARSON
  • Middle School: LAKELANDS PARK
  • 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: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Horses: No
  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 5374.00
  • Assessor Parcel Number: 160903314848
  • Tax Total Finished Sq Ft: 2532
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/27/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 27, 2023
Sold by
Jamison Diane
Bought by
Girmay Blen and Lemma Eyoel
Seller's Agent
Kevin Grolig
Compass
Buyer's Agent
Kathleen Martin
Real Broker, LLC - Gaithersburg
List Price
$650,000
Sold Price
$637,000
Premium/Discount to List
-$13,000
-2%
Views
183
Current Estimated Value
$668,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,980
Avg. Annual Appreciation
2.44%
Original Mortgage
$637,000
Outstanding Balance
$627,697
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$35,121

Purchase Details

Closed on
Jul 29, 2008
Sold by
Hemelt Michael J
Bought by
Owens Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2008
Sold by
Hemelt Michael J
Bought by
Owens Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Hamby James Brian
Bought by
Hemelt Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 15, 2003
Sold by
Bessman Carl V
Bought by
Hamby Hamby James Brian James Brian

Purchase Details

Closed on
Dec 8, 2000
Sold by
Kentlands Llc
Bought by
Bessman Carl V
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 Buyer Sale Price Title Company
Girmay Blen $637,000 Title Resource Guaranty Compan
Owens Diane $425,000 --
Owens Diane $425,000 --
Hemelt Michael J $469,000 --
Hamby Hamby James Brian James Brian $317,000 --
Bessman Carl V $210,848 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girmay Blen $637,000
Previous Owner Jamison Diane $387,368
Previous Owner Owens Diane $382,500
Previous Owner Owens Diane $382,500
Previous Owner Hemelt Michael J $310,000
Previous Owner Hemelt Michael J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $637,000 -2.0% $252 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $650,000 -- $257 / 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 $5,932 $436,667 $0 $0
2023 $4,921 $415,000 $124,500 $290,500
2022 $5,122 $406,667 $0 $0
2021 $9,881 $398,333 $0 $0
2020 $9,618 $390,000 $117,000 $273,000
2019 $9,542 $388,333 $0 $0
2018 $4,921 $386,667 $0 $0
2017 $4,896 $385,000 $0 $0
2016 $4,575 $381,667 $0 $0
2015 $4,575 $378,333 $0 $0
2014 $4,575 $375,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2104628

Bright MLS

APN: 09-03314848