NOT LISTED FOR SALE

202 Summit Hall Rd Gaithersburg, MD 20877

Estimated Value: $621,951 - $692,000

5 Beds
4 Baths
2,332 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $388,000 $166 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,036/month

Highlights

  • 0.21 Acre Lot
  • 1 Fireplace
  • Double Oven
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of September 2013

BACK ON THE MARKET!!! Beautiful home in quiet neighborhood. Features Eat in Kitchen,Separate Living & Dining Rooms.Spacious bed rooms.Master has vanity and walk-in closet. Hardwood Floors through out this lovely home.Family room with FP. Lower level with wet bar for entertainment or relaxation and walk out to back yard. Close to schools,shopping and public transportation. 1 Year Home Warranty

Last Agent to Sell the Property

Vic Pereira

(202) 714-7145 vicpereira@gmail.com V.I.P. Realtors, LLC Listed on: 04/14/2013

Last Buyer's Agent

Joanna Zhao

(301) 806-5768 jzhaoprestige@gmail.com Prestige Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1972

Lot Details

  • 9,072 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • 1 Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4 Full Bathrooms

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 52
  • Assessor Parcel Number 160900823138

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,233

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven - Double, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Chair Railings, Crown Moldings, Primary Bath(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Carport

Utilities

  • Refuse: 127.37
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 160800.00
  • Land Assessed Value: 152500.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9072
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9072.00
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13941804
  • Tax Annual Amount: 4233.35
  • Assessor Parcel Number: 160900823138
  • Tax Lot: 52
  • Tax Total Finished Sq Ft: 2332
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 09/13/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Young Yuchang
Bought by
Young Yuchang and Zhang Yan
Current Estimated Value
$665,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$153,509
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$499,475

Purchase Details

Listed on
Apr 14, 2013
Closed on
Sep 13, 2013
Sold by
Yoon Lee Jung and Joo Lee Ae
Bought by
Young Yuchang
Seller's Agent
Vic Pereira
V.I.P. Realtors, LLC
Buyer's Agent
Joanna Zhao
Prestige Realty LLC
List Price
$399,000
Sold Price
$388,000
Premium/Discount to List
-$11,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$310,400
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Lee Jung Y and Lee J A
Bought by
Lee Jung Y

Purchase Details

Closed on
Jan 4, 1996
Sold by
S Henry P and S Solomon V
Bought by
J Jung Y and J Lee A
Source: Public Records

Range of Values:

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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
Young Yuchang -- Eastern Title & Settlement
Young Yuchang $388,000 Quantum Title Corporation
Lee Jung Y -- --
J Jung Y $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Yuchang $312,000
Closed Young Yuchang $310,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $388,000 -2.8% $166 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $399,000 0.0% $171 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
04/14/2013 04/14/13 For Sale $399,000 -- $171 / 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 $6,067 $469,200 -- --
2024 $6,067 $440,500 $0 $0
2023 $6,349 $411,800 $190,600 $221,200
2022 $4,739 $404,467 $0 $0
2021 $4,548 $397,133 $0 $0
2020 $4,548 $389,800 $190,600 $199,200
2019 $4,413 $380,433 $0 $0
2018 $4,295 $371,067 $0 $0
2017 $4,226 $361,700 $0 $0
2016 -- $345,567 $0 $0
2015 $4,225 $329,433 $0 $0
2014 $4,225 $313,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003453184

Bright MLS

APN: 09-00823138