NOT LISTED FOR SALE

1721 Logmill Ln Gaithersburg, MD 20879

Estimated Value: $448,450 - $488,000

3 Beds
3 Baths
1,650 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $275,000 $167 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,001/month

About This Home

As of June 2012

--The Home--
This commuter-friendly 3 bedroom 2.5 bathroom townhouse is located in Gaithersburg, Maryland. The main level features a dining room, sunk-in living room area with a wood-burning fireplace, and half bathroom. You will also find a beautifully renovated kitchen with updated black appliances, contemporary cabinets, granite countertops, and plenty of cabinet space.
All three bedrooms are located on the top floor in addition to the hallway bathroom, the primary suite with its full bathroom, and dual closets. The lower level is finished and includes a large family room and spacious laundry room with plenty of storage space.

--Gaithersburg Transportation and Location--
Since Gaithersburg is located along 270, the car is the most optimal mode of transportation. The further you get away from DC, the further apart things are. Having a car is a must in Gaithersburg. But the red line ends at Shady Grove, just a few minutes from the heart of Gaithersburg, making it a popular commute option for those needing to get to DC.

If all that wasn't enough, the property is located close to 495 and is a short commute to the IIC (MD 200). The ride-On bus stop is on the corner.

--Lease Terms--
- 60 application fee required
- No Pets
- 1-month security deposit required
- Min 12-month lease
- No smoking is permitted inside the property
- Tenant responsible for all utilities (water and electric)
- The tenant is responsible for lawn care, landscaping, and gutter cleaning

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jun 15, 2012
Sold by
Lemar Michael S and Lemar Susie E
Bought by
Zambardi Shane
Seller's Agent
Diane Hayes
RE/MAX Premiere Selections
Buyer's Agent
Bobby Winstead
Exit Realty Alliance
List Price
$279,950
Sold Price
$275,000
Premium/Discount to List
-$4,950
-1.77%
Current Estimated Value
$470,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,113
Avg. Annual Appreciation
4.22%
Original Mortgage
$261,250
Outstanding Balance
$183,827
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$286,286

Purchase Details

Closed on
Nov 19, 2004
Sold by
Lemar Michael S
Bought by
Lemar Michael S and Lemar Susie E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Zambardi Shane $275,000 First American Title Ins Co
Lemar Michael S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zambardi Shane $261,250
Previous Owner Lemar Michael S $185,000
Previous Owner Lemar Michael S $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Rented $2,200 0.0% --
07/19/2022 07/19/22 Under Contract -- -- --
07/19/2022 07/19/22 For Rent $2,200 +18.9% --
05/18/2016 05/18/16 Rented $1,850 -2.4% --
05/18/2016 05/18/16 Under Contract -- -- --
04/26/2016 04/26/16 For Rent $1,895 0.0% --
06/15/2012 06/15/12 Sold $275,000 -1.8% $145 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $279,950 -- $147 / Sq Ft

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 $4,349 $315,933 $0 $0
2023 $4,108 $299,700 $150,000 $149,700
2022 $3,646 $289,433 $0 $0
2021 $1,515 $279,167 $0 $0
2020 $2,620 $268,900 $120,000 $148,900
2019 $3,480 $259,700 $0 $0
2018 $1,804 $250,500 $0 $0
2017 $1,486 $241,300 $0 $0
2016 -- $234,100 $0 $0
2015 $3,226 $226,900 $0 $0
2014 $3,226 $219,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Hayes

    Seller's Agent in 2012

    Diane Hayes

    RE/MAX

    (301) 661-4500

    2 in this area

    20 Total Sales

    Diane Hayes
    Section Image
  • Bobby Winstead

    Buyer's Agent in 2012

    Bobby Winstead

    Exit Realty Alliance

    (703) 870-8974

    41 Total Sales

    Bobby Winstead
    Section Image
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Map

Maryland Montgomery County Gaithersburg 20879

1721 Logmill Ln, Gaithersburg, MD

This home is located at 1721 Logmill Ln, Gaithersburg, MD 20879 and is currently estimated at $470,113, approximately $284 per square foot. 1721 Logmill Ln is a home located in Montgomery County with nearby schools including Watkins Mill Elementary School, Montgomery Village Middle School, and Watkins Mill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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