NOT LISTED FOR SALE

17 Water St Gaithersburg, MD 20877

Estimated Value: $135,376 - $218,000

1 Bed
1 Bath
661 Sq Ft
$354/ mo HOA Fee

Last Sold March 28, 2022

Last sale price $105,000 $159 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,335/month

13 Days on Market

About This Home

As of March 2022

Spacious patio unit in a great location! 1Bedroom, 1 Full Bath, newer windows and door, brand new kitchen, new paint and hardwood floors. Call Office or Agent for more details.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 424-9444 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 03/04/2022

Last Buyer's Agent

Non Member Member

beta@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $844

Year Built

  • Built in 1950

Lot Details

  • 1,481

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 661 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 160901653773

Community Details

Overview

  • Association fees include gas, water, sewer
  • Low-Rise Condominium
  • Lilac Gardens c/o Choice Property Management Condos, Phone Number (703) 760-8909
  • Lilac Gardens Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$844

Year Built

Built in 1950

Lot Details

1,481 Sq Ft Lot

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-04
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 661
  • Living Area Sq Ft: 661
  • Price Per Sq Ft: 196.33
  • Above Grade Finished Sq Ft: 661
  • Above Grade Finished Area Units: Square Feet

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: Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air, 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: 354.19
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: LILAC GARDENS c/o Choice Property Management
  • Condo Co-Op Phone: (703) 760-8909
  • HOA Condo Co-Op Fee Includes: Gas, Water, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 42000.00
  • Land Assessed Value: 18000.00
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13949494
  • Tax Annual Amount: 844.00
  • Assessor Parcel Number: 160901653773
  • Tax Lot: 1A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 25, 2022
Sold by
Mahdawi Madlin
Bought by
Tahriri-Adabi Ali and Vassef Farzaneh
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$129,777
Sold Price
$105,000
Premium/Discount to List
-$24,777
-19.09%
Current Estimated Value
$168,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,459
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Oct 22, 2008
Sold by
Gomez Jose L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 7, 2008
Sold by
Gomez Jose L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 24, 2006
Sold by
Reategui Herman J
Bought by
Gomez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2006
Sold by
Reategui Herman J
Bought by
Gomez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2005
Sold by
Shah Kanaiyalal R
Bought by
Reategui Herman J and Reategui Dora L

Purchase Details

Closed on
May 12, 2005
Sold by
Shah Kanaiyalal R
Bought by
Reategui Herman J and Reategui Dora L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tahriri-Adabi Ali $105,000 --
Federal Home Loan Mortgage Corp $89,000 --
Federal Home Loan Mortgage Corp $89,000 --
Gomez Jose L $185,000 --
Gomez Jose L $185,000 --
Reategui Herman J $135,000 --
Reategui Herman J $135,000 --
Reategui Herman J $135,000 --
Reategui Herman J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Jose L $148,000
Previous Owner Gomez Jose L $37,000
Previous Owner Gomez Jose L $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $105,000 -19.1% $159 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $129,777 -- $196 / 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 $976 $76,667 -- --
2024 $976 $68,333 $0 $0
2023 $0 $60,000 $18,000 $42,000
2022 $841 $60,000 $18,000 $42,000
2021 $0 $60,000 $18,000 $42,000
2020 $841 $60,000 $18,000 $42,000
2019 $801 $56,667 $0 $0
2018 $679 $53,333 $0 $0
2017 $720 $50,000 $0 $0
2016 $475 $50,000 $0 $0
2015 $475 $50,000 $0 $0
2014 $475 $50,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDMC2040138

Bright MLS

APN: 09-01653773

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