NOT LISTED FOR SALE

18720 Pier Point Place Montgomery Village, MD 20886

Estimated Value: $372,000 - $396,000

3 Beds
2.5 Baths
1,740 Sq Ft
$222/Sq Ft Est. Value

Last Sold September 25, 2015

Last sale price $230,000 $132 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,430/month

Highlights

  • Open Floorplan
  • Community Pool
  • Jogging Path
  • Colonial Architecture
  • Tennis Courts
  • 1 Car Attached Garage

About This Home

As of September 2015

JUST REDUCED $5100!!!Spacious & updated 3 bed, 2.5 ba TH. New paint, new carpet, new flooring, new appliances, baths updated, new lighting, new door knobs, new blinds, and the list goes on. 1 car garage plus 1 space in driveway for parking. Close to 270, shopping, restaurants, and more. Won't last come see.

Last Agent to Sell the Property

Stephanie Mathis

(301) 792-0136 s_mathis30@yahoo.com Capital Real Estate Brokerage Listed on: 06/19/2015

Last Buyer's Agent

Jonathan Masden

(240) 277-9497 jonathan.masden@lnf.com Long & Foster Real Estate, Inc. License #MRIS:3063809

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1983

Lot Details

  • 1,347 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Window Screens
  • Sliding Doors
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry

Schools

  • South Lake Elementary School
  • Neelsville Middle School
  • Watkins Mill High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 160902054195
  • $226 Front Foot Fee per year

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), snow removal, trash
  • Millrace Community
  • Millrace Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Pool Membership Available
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,675

Year Built

Built in 1983

Lot Details

0

HOA Fees

$112 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1983
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 171.97
  • Above Grade Finished Sq Ft: 1395
  • Below Grade Finished Sq Ft: 345
  • Total Below Grade Sq Ft: 345
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

  • HOA Fees: 112.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Tot Lots/Playground, Tennis Courts, Pool - Outdoor, Pool Mem Avail
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: SOUTH LAKE
  • High School: WATKINS MILL
  • Middle Or Junior School: NEELSVILLE

Lot Info

  • Improvement Assessed Value: 95500.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1347
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1347.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: TS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13958217
  • Tax Annual Amount: 2674.51
  • Assessor Parcel Number: 160902054195
  • Tax Lot: 75
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Front Foot Fee: 225.50

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 25, 2015
Sold by
Francis Michael B
Bought by
Asari Subbayyan S and Asari Sarasam S
Seller's Agent
Stephanie Mathis
Capital Real Estate Brokerage
Buyer's Agent
Jonathan Masden
Long & Foster Real Estate, Inc.
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%
Current Estimated Value
$386,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,341
Avg. Annual Appreciation
5.27%
Original Mortgage
$161,000
Outstanding Balance
$126,673
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$259,668

Purchase Details

Closed on
May 14, 2009
Sold by
Musante Marie T
Bought by
Francis Michael B
Source: Public Records

Range of Values:

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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
Asari Subbayyan S $230,000 Rgs Title Llc
Francis Michael B $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asari Subbayyan S $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2015 09/25/15 Sold $230,000 -4.1% $132 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/07/2015 07/07/15 Price Changed $239,900 -2.1% $138 / Sq Ft
06/19/2015 06/19/15 For Sale $245,000 -- $141 / 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 $3,501 $290,967 -- --
2024 $3,501 $273,233 $0 $0
2023 $2,587 $255,500 $120,000 $135,500
2022 $2,007 $249,000 $0 $0
2021 $2,264 $242,500 $0 $0
2020 $1,694 $236,000 $120,000 $116,000
2019 $2,083 $229,167 $0 $0
2018 $1,611 $222,333 $0 $0
2017 $2,350 $215,500 $0 $0
2016 $2,489 $206,167 $0 $0
2015 $2,489 $196,833 $0 $0
2014 $2,489 $187,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Mathis

    Seller's Agent in 2015

    Stephanie Mathis

    Capital Real Estate Brokerage

    (301) 792-0136

    1 in this area

    9 Total Sales

    Stephanie Mathis
    Section Image

  • J

    Buyer's Agent in 2015

    Jonathan Masden

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002343999

Bright MLS

APN: 09-02054195

Maryland Montgomery County Montgomery Village 20886

18720 Pier Point Place, Montgomery Village, MD

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