NOT LISTED FOR SALE

206 Summit Hall Rd Gaithersburg, MD 20877

Estimated Value: $556,000 - $646,000

4 Beds
2.5 Baths
2,040 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2018

Last sale price $399,900 $196 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,716 / mo

9 Days on Market

Highlights

  • 0.25 Acre Lot
  • Attic
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of December 2018

Bring your HGTV imagination to make this home your own. Excellent opportunity to design the house your way. Great curb appeal and a beautiful deck.Hardwood flooring on main and upper levels. Spacious Master bedroom with multiple closets. Three additional generous sized bedrooms. Family room offers a gas fireplace situated within a brick wall. Fully fenced and landscaped rear yard. This home does need some TLC and updates but provides the opportunity to design the home to fit your needs and taste. If you are looking for a little sweat equity, this home is a must-see! Home sold strictly As-Is. Home inspections are welcomed for informational purposes only. Could be a great FHA 203K property in which you could get about 30K towards repairs. Just ask your lender.

Last Agent to Sell the Property

Craig Rosenfeld

(301) 258-7757 craig@craigrosenfeld.com RE/MAX Realty Group License #SP0225098559 Listed on: 11/08/2018

RE/MAX Realty Group

Last Buyer's Agent

Peggy Lyn Speicher

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Gaithersburg License #324114

Real Broker, LLC - Gaithersburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,994

Year Built

  • Built in 1972

Lot Details

  • 10,779 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Dutch Architecture
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 2,040 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Schools

  • Summit Hall Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

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

Community Details

  • No Home Owners Association
  • Brighton East Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 160900823116

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,994

Year Built

Built in 1972

Lot Details

10,779 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Dutch
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-11-08
  • Federal Flood Zone: No
  • Year Built: 1972
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Kitchen - Table Space, Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Unfinished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 2040
  • Price Per Sq Ft: 196.03
  • Above Grade Finished Sq Ft: 2040
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 118.94
  • 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
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: SUMMIT HALL
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 194000.00
  • Land Assessed Value: 195800.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10779
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10779.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13941802
  • Tax Annual Amount: 4994.09
  • Assessor Parcel Number: 160900823116
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 18, 2018
Sold by
Hicks Barbara and Hicks James A
Bought by
Mcgahey Thomas and Mcgahey Nancy
Seller's Agent
Craig Rosenfeld
RE/MAX Realty Group
Buyer's Agent
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$604,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,009
Avg. Annual Appreciation
5.80%
Original Mortgage
$299,900
Outstanding Balance
$191,018
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$413,891
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgahey Thomas $399,900 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgahey Thomas $299,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $399,900 0.0% $196 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $399,900 -- $196 / Sq Ft
Source: Bright MLS

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 $6,111 $476,667 -- --
2024 $6,111 $443,933 $0 $0
2023 $4,338 $411,200 $195,800 $215,400
2022 $4,156 $404,067 $0 $0
2021 $4,096 $396,933 $0 $0
2020 $3,995 $389,800 $195,800 $194,000
2019 $3,876 $380,700 $0 $0
2018 $4,302 $371,600 $0 $0
2017 $4,102 $362,500 $0 $0
2016 -- $347,167 $0 $0
2015 $4,217 $331,833 $0 $0
2014 $4,217 $316,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Rosenfeld

    Seller's Agent in 2018

    Craig Rosenfeld

    Remax Realty Group

    (301) 529-0053

    3 in this area

    102 Total Sales

    Craig Rosenfeld
    Section Image
  • Peggy Lyn Speicher

    Buyer's Agent in 2018

    Peggy Lyn Speicher

    Real Broker, LLC - Gaithersburg

    (808) 495-3525

    1 in this area

    136 Total Sales

    Peggy Lyn Speicher
    Section Image
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Map

Source: Bright MLS

MLS Number: 1009997484

Bright MLS

APN: 09-00823116

Maryland Montgomery County Gaithersburg 20877

206 Summit Hall Rd, Gaithersburg, MD

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