NOT LISTED FOR SALE

17 Water St Gaithersburg, MD 20877

Estimated Value: $119,000 - $176,000

1 Bed
1 Bath
608 Sq Ft
$355/mo HOA Fee

Last Sold January 30, 2019

Last sale price $64,000 $105 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,278/month

24 Days on Market

Highlights

  • Penthouse
  • Central Air
  • Heat Pump System

About This Home

As of January 2019

Nice starter condo. 1BR/1FB located close to everything. Remodeled kitchen and bathroom. Granite counters.

Last Agent to Sell the Property

Andy Werner

RE/MAX Realty Services License #0225181232 Listed on: 12/17/2018

RE/MAX Realty Services

Last Buyer's Agent

Shahrzad Eini

Realty Advantage of Maryland LLC License #591292

Realty Advantage of Maryland LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $755

Year Built

  • Built in 1950

Lot Details

  • 1,481

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 608 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include water
  • Lilac Gardens Condos, Phone Number (703) 760-8909
  • Lilac Gardens Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 160901653933

Property Details

Home Type

Condominium

Est. Annual Taxes

$755

Year Built

Built in 1950

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1950
  • Remarks Public: Nice starter condo. 1BR/1FB located close to everything. Remodeled kitchen and bathroom. Granite counters.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 608
  • Living Area Sq Ft: 608
  • Price Per Sq Ft: 123.36
  • Above Grade Finished Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17 - B

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 355.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lilac Gardens
  • Condo Co-Op Phone: 7037608909
  • HOA Condo Co-Op Fee Includes: Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • 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: 42000.00
  • Land Assessed Value: 18000.00
  • Year Assessed: 2018
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13949513
  • Tax Annual Amount: 755.00
  • Assessor Parcel Number: 160901653933
  • Tax Lot: 1A
  • Tax Total Finished Sq Ft: 608
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 01/30/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Jan 30, 2019
Sold by
Hong Brian
Bought by
Bidsorkhi Behrang Eini and Eini Ahamd
Seller's Agent
Andy Werner
RE/MAX Realty Services
Buyer's Agent
Shahrzad Eini
Realty Advantage of Maryland LLC
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Current Estimated Value
$154,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,513
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Joyce Robert E
Bought by
Hong Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2008
Sold by
Joyce Robert E
Bought by
Hong Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bidsorkhi Behrang Eini $64,000 None Available
Hong Brian $89,000 --
Hong Brian $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hong Brian $63,400
Previous Owner Hong Brian $71,200
Previous Owner Hong Brian $71,200
Previous Owner Joyce Robert $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2019 01/30/19 Sold $64,000 -14.7% $105 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $75,000 -- $123 / 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 $976 $76,667 -- --
2024 $976 $68,333 $0 $0
2023 $1,394 $60,000 $18,000 $42,000
2022 $310 $60,000 $18,000 $42,000
2021 $0 $60,000 $18,000 $42,000
2020 $0 $60,000 $18,000 $42,000
2019 $801 $56,667 $0 $0
2018 $756 $53,333 $0 $0
2017 $720 $50,000 $0 $0
2016 $1,167 $50,000 $0 $0
2015 $1,167 $50,000 $0 $0
2014 $1,167 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC436396

Bright MLS

APN: 09-01653933