NOT LISTED FOR SALE

17B Water St Unit 23 Gaithersburg, MD 20877

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

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

Last Sold May 04, 2022

Last sale price $140,000 $230 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,254/month

16 Days on Market

Highlights

  • Level Entry For Accessibility
  • Laundry Facilities
  • Heat Pump System
  • Central Air

About This Home

As of May 2022

Move-In ready, Spacious, Open floor plan one bedroom, one full bath Condo with recent updates and renovations for an exceptional price in the Montgomery County! It is ideal for first-time buyer or investors alike (it was rented for last 3 years for $1,300 monthly). It is on 2nd level with a balcony, It features; brand new luxurious laminate flooring, bathroom vanity, fresh paint, Granite counter tops in the kitchen, Low Condo fee includes Gas/ Water/Sewer and an assigned parking space and a storage. Easy access to 270, Route 200, Route 355, Shady Grove, RIO, Crown, Kentlands and Lakelands and more! PLEASE Note that the common areas in the buildings (stairs, floors, railings, walls) and the condo doors and the exterior of the buildings are under renovation. 17B building renovation will be finish by the end of the month. For seeing the finished product please visit the building 17A next door. Sellers prefer closing with Classic Settlement - Montgomery Village ave. Agent is related to sellers.

Last Agent to Sell the Property

Shahrzad Eini

(240) 277-1258 sherryeini@yahoo.com Realty Advantage of Maryland LLC License #591292 Listed on: 03/10/2022

Realty Advantage of Maryland LLC

Last Buyer's Agent

William Ortega

(240) 388-1729 wortega2@comcast.net Signature Home Realty LLC

Signature Home Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $844

Year Built

  • Built in 1950

Lot Details

  • 1,481

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 608 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 160901653933

Community Details

Overview

  • Association fees include gas, water, trash, sewer, exterior building maintenance
  • Low-Rise Condominium
  • Lilac Gardens Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$844

Year Built

Built in 1950

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Move-In ready, Spacious, Open floor plan one bedroom, one full bath Condo with recent updates and renovations for an exceptional price in the Montgomery County! It is ideal for first-time buyer or investors alike (it was rented for last 3 years for $1,300 monthly). It is on 2nd level with a balcony, It features; brand new luxurious laminate flooring, bathroom vanity, fresh paint, Granite counter tops in the kitchen, Low Condo fee includes Gas/ Water/Sewer and an assigned parking space and a storage. Easy access to 270, Route 200, Route 355, Shady Grove, RIO, Crown, Kentlands and Lakelands and more! PLEASE Note that the common areas in the buildings (stairs, floors, railings, walls) and the condo doors and the exterior of the buildings are under renovation. 17B building renovation will be finish by the end of the month. For seeing the finished product please visit the building 17A next door. Sellers prefer closing with Classic Settlement - Montgomery Village ave. Agent is related to sellers.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 608
  • Living Area Sq Ft: 608
  • Price Per Sq Ft: 221.88
  • Above Grade Finished Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 17B

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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • 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: 354.19
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Gas, Water, Trash, Sewer, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 844.00
  • Assessor Parcel Number: 160901653933
  • Tax Lot: 1A
  • Tax Total Finished Sq Ft: 608
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/04/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2019
Sold by
Hong Brian
Bought by
Bidsorkhi Behrang Eini and Eini Ahamd
Current Estimated Value
$154,513

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $71,200
Previous Owner Hong Brian $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $140,000 +3.8% $230 / Sq Ft
03/10/2022 03/10/22 For Sale $134,900 -- $222 / 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

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2041224

Bright MLS

APN: 09-01653933