NOT LISTED FOR SALE

16501 Walnut Hill Rd Gaithersburg, MD 20877

Estimated Value: $632,000 - $640,327

4 Beds
5 Baths
1,608 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $495,000 $308 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,896/month

Highlights

  • 0.27 Acre Lot
  • 1 Fireplace
  • Level Entry For Accessibility
  • Rambler Architecture
  • No HOA
  • 2 Attached Carport Spaces

About This Home

As of April 2021

Well maintained 8 bedrooms and 5 full bathrooms brick rambler, Beautifully updated kitchen (2020) features new appliances, new cabinets Quartz counters. Main level boasts hardwood floors. Newer window. Large family room with fireplace. Finished basement with 4 bedroom, 2 full baths and walk out stairs. Brand new roof in 2020. Great location close to everything. Minutes to 370/270/200/shops/Restaurants.

Last Agent to Sell the Property

Hong Cai

(202) 787-8969 hongcaibmi@yahoo.com BMI REALTORS INC. License #584711 Listed on: 09/29/2020

Last Buyer's Agent

Shuang Zhao

(301) 250-1095 zh7166@mris.com Signature Home Realty LLC License #656735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1960

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,608 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Attic Fan

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • On-Street Parking

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Walnut Hill Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160900794365

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,931

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2020-09-30
  • Year Built: 1960
  • Remarks Public: Well maintained 8 bedrooms and 5 full bathrooms brick rambler, Beautifully updated kitchen (2020) features new appliances, new cabinets Quartz counters. Main level boasts hardwood floors. Newer window. Large family room with fireplace. Finished basement with 4 bedroom, 2 full baths and walk out stairs. Brand new roof in 2020. Great location close to everything. Minutes to 370/270/200/shops/Restaurants.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Attic/House Fan
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Walkout Level, Full, Fully Finished, Rear Entrance
  • Total Sq Ft: 1608
  • Living Area Sq Ft: 1608
  • Price Per Sq Ft: 322.76
  • Above Grade Finished Sq Ft: 1608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 16501

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, On Street, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • 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

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: 224100.00
  • Land Assessed Value: 229200.00
  • Land Use Code: 011
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11814.00
  • Year Assessed: 2021
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13891339
  • Tax Annual Amount: 3931.00
  • Assessor Parcel Number: 160900794365
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 1608
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/09/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Feb 9, 2021
Sold by
Chen Jonathan Y
Bought by
Zhang Yi and Zhao Shuang
Seller's Agent
Hong Cai
BMI REALTORS INC.
Buyer's Agent
Shuang Zhao
Signature Home Realty LLC
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%
Current Estimated Value
$636,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,164
Avg. Annual Appreciation
5.71%
Original Mortgage
$396,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2019
Sold by
Ma Jing and Chen Jonathan Y
Bought by
Chen Jonathan Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2019
Sold by
Ma Jing
Bought by
Ma Jing and Chen Jonathan Y

Purchase Details

Closed on
Jul 10, 2017
Sold by
Zhao Ming and Ma Hongxia
Bought by
Ma Jing

Purchase Details

Closed on
May 5, 2010
Sold by
Tai Ky Pao
Bought by
Zhao Ming
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
Zhang Yi $495,000 Evergreen Settlement Co Inc
Chen Jonathan Y -- Eastern Title & Settlement
Ma Jing $400,000 Dba Eastern Title And Setmnt
Ma Jing $100,000 Old Republic Natl Ins Co
Zhao Ming $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Yi $396,000
Previous Owner Chen Jonathan Y $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $495,000 0.0% $308 / Sq Ft
02/04/2021 02/04/21 Off Market $495,000 -- --
01/04/2021 01/04/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $519,000 0.0% $323 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $519,000 -- $323 / 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 $6,281 $560,233 -- --
2024 $6,281 $506,767 $0 $0
2023 $5,642 $453,300 $229,200 $224,100
2022 $4,948 $411,433 $0 $0
2021 $3,741 $369,567 $0 $0
2020 $6,507 $327,700 $198,100 $129,600
2019 $3,239 $327,700 $198,100 $129,600
2018 $3,237 $327,700 $198,100 $129,600
2017 $3,278 $328,000 $0 $0
2016 $3,562 $319,033 $0 $0
2015 $3,562 $310,067 $0 $0
2014 $3,562 $301,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC727562

Bright MLS

APN: 09-00794365