Michelle Boucher
Compass
(443) 543-8829
112 Total Sales
1 in Montgomery Village
$595,000 Price
18501 Fairlight Dr Gaithersburg, MD 20879
Montgomery Village AreaEstimated Value: $198,997
2
Beds
2
Baths
903
Sq Ft
44
Sq Ft Lot
Highlights
- Community Pool
- Community Center
- Wood Burning Fireplace
- Tennis Courts
- Forced Air Heating and Cooling System
About This Home
As of May 2022Great opportunity for investors or first-time home buyers. JUST APPRAISED FOR $170,000. THESE UNITS ARE NON-WARRANTABLE (HIGH INVESTOR RATIO). BUYER WILL NEED AT LEAST 30% DOWN TO QUALIFY WITH CONVENTIONAL FINANCING. NO FHA, VA, FANNIE MAE OR FREDDIE MAC BACKED FINANCING.
INVESTORS: CURRENT TENANT ON MONTH TO MONTH LEASE WOULD LIKE TO STAY, GREAT TENANT FOR PAST 15 YEARS.
This spacious 903 sq ft unit offers 2 bedrooms and 2 full bathrooms in sought-after Montgomery Village. Open living space with a vaulted ceiling, wood-burning fireplace and central kitchen. The owner’s suite provides a private attached bathroom. 1 assigned parking space + ample guest parking. Private storage unit. Adjacent to the community pool. Condo Fee includes: Pool, tennis, water, sewer, snow, and trash. Convenient location minutes to Costco, Montgomery Village Crossing, Spectrum Town Center, Rio Washingtonian & Downtown Crown, and the Lakeforest Mall Redevelopment District - will bring additional retail, housing, and green space to the community. Perfect for commuters with easy access to I-270, ICC, Shady Grove Metro and other major commuter routes. HVAC SERVICED 2022, NEWER HOT WATER HEATER. DISHWASHER, REFRIGERATOR & WASHER/DRYER LESS THAN 5 YEARS OLD. HALL BATHROOM UPDATED WITH NEW VANITY & TOILET. FRESHLY PAINTED IN 2019. BUILDING MANAGEMENT REPLACED ALL EXTERIOR SIDING RECENTLY. Don't miss!! CONTACT CO-LIST AGENT FOR FINANCING OPTIONS.
Last Agent to Sell the Property
(202) 888-1127 alex@theagencydc.com The Agency DC License #533175 Listed on: 04/01/2022
Co-Listed By
(301) 615-3000 josie.bulitt@gmail.com TTR Sotheby's International Realty License #5003429
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,453
Year Built
- Built in 1988
Lot Details
- 44
HOA Fees
- $524 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Vinyl Siding
Interior Spaces
- 903 Sq Ft Home
- Property has 1 Level
- Wood Burning Fireplace
Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- Parking Lot
- 1 Assigned Parking Space
Schools
- Watkins Mill Elementary School
- Montgomery Village Middle School
- Watkins Mill High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 160903555866
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, pool(s), sewer, snow removal, trash, water
- Low-Rise Community
- Breckenridge Subdivision
Amenities
- Community Center
Recreation
- Tennis Courts
- Community Playground
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 1, 2022
Closed on
May 31, 2022
Sold by
Bought by
Seller's Agent
Nurit Coombe
The Agency DC
Buyer's Agent
Sonia Valdez
Independent Realty, Inc
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Purchase Details
Closed on
Feb 6, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,240
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gaithersburg, MD
-
Michelle Boucher
-
Nawal Tahri-Joutey
Nawal Tahri-Joutey
RE/MAX Realty Group
(240) 474-0834
104 Total Sales
7 in Montgomery Village
$269K - $645K Price Range
-
Frank Schofield
Frank Schofield
Compass
(571) 496-9249
308 Total Sales
1 in Montgomery Village
$635,000 Price
-
CallCathy Poungmalai
CallCathy Poungmalai
EXP Realty, LLC
(202) 410-2690
177 Total Sales
1 in Montgomery Village
$326,500 Price
-
Millie Zhuo
Millie Zhuo
CENTURY 21 New Millennium
(844) 950-4379
76 Total Sales
5 in Montgomery Village
$325K - $525K Price Range
-
Kathi Kershaw
Kathi Kershaw
Long & Foster Real Estate, Inc.
(301) 835-2890
36 Total Sales
1 in Montgomery Village
$295,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Jacquies Title | ||
| $167,000 | First American Title | ||
| $262,800 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $210,240 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $167,000 | -1.7% | $185 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 05/08/2022 05/08/22 | Price Changed | $169,900 | 0.0% | $188 / Sq Ft |
| 05/08/2022 05/08/22 | For Sale | $169,900 | +3.0% | $188 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $164,900 | -- | $183 / Sq Ft |
Source: Bright MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,768 | $146,667 | ||
| 2024 | $1,658 | $138,333 | $0 | $0 |
| 2023 | $2,251 | $130,000 | $39,000 | $91,000 |
| 2022 | $1,475 | $128,333 | $0 | $0 |
| 2021 | $1,453 | $126,667 | $0 | $0 |
| 2020 | $1,432 | $125,000 | $37,500 | $87,500 |
| 2019 | $1,430 | $125,000 | $37,500 | $87,500 |
| 2018 | $1,433 | $125,000 | $37,500 | $87,500 |
| 2017 | $1,485 | $125,000 | $0 | $0 |
| 2016 | -- | $125,000 | $0 | $0 |
| 2015 | $1,650 | $125,000 | $0 | $0 |
| 2014 | $1,650 | $142,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nurit Coombe
Seller's Agent in 2022
Nurit Coombe
The Agency DC
(202) 318-3428
723 Total Sales
-
Josie Bulitt
Seller Co-Listing Agent in 2022
Josie Bulitt
TTR Sotheby's International Realty
(301) 525-4333
53 Total Sales
-
Sonia Valdez
Buyer's Agent in 2022
Sonia Valdez
Independent Realty, Inc
(240) 246-3769
21 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2044192
APN: 09-03555866
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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