NOT LISTED FOR SALE

224 N Summit Ave Unit 28 Gaithersburg, MD 20877

Estimated Value: $491,397 - $551,000

3 Beds
3.5 Baths
3,073 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $412,500 $134 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,548/month

Highlights

  • Stainless Steel Appliances
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • Balcony
  • Parking Storage or Cabinetry
  • 4-minute walk to Constitution Gardens Park

About This Home

As of October 2020

Unlike any other Townhome in its vicinity, come see what makes this beautiful and cared for 4 x 4 Townhome so unique! This property features 2 full upper level master bedrooms along with 2 full upper level master baths, a 3rd bedroom, an additional 1 and a half bathrooms, and an option for a 4th bedroom on the main level! Other features include a 2 car garage with installed storage, an updated kitchen with a deck off the side, gleaming hardwood floors, natural light, a large open living/dining room, upper level washer and dryer and so much more! Plus, the condo fee covers water! Built in 2008, this home is clean, modern, and turn key ready! Whether you are a family and/or a working professional, location could not be better! Everything you need is within a 5-10 minute walk or drive! This home sits in a family friendly area with multiple activities year-round for residents to participate in including festivals, parades, book fair, concerts, fireworks, and many more! K-12 schools are all 5 or less minutes away. Montgomery County Fairgrounds, which holds one of Marylands largest annual fairs, is just a 10 minute walk away, as is the Gaithersburg Waterpark and Mini Golf! Enjoy even more of what this wonderful area has to offer with places like the Historic Gaithersburg Railroad Museum along with multiple recreational parks for people of all ages including Bohrer Park, Adventureland, Lake Needwood, Black Hills Regional, and King Farm, just to name a few. Also enjoy numerous multicultural events, holiday events, and gatherings throughout the year such as the City Farmers Market which takes place every Thursday during the Spring and Summer and is only a short 5 minute walk away! Not to mention - The Marc Train to DC is just a short 5-minute walk away! There are a plethora of grocery stores within a 5 minute drive including Aldi, H-Mart, Safeway, Giant, and Weis. Whole Foods, Wegmans, Mom's Organic, Harris Teeter, Costco, Sams and Target. The Clarksburg outlets as well as Downtown Rockville are only fifteen minutes away! Come see this wonderful home and all it has to offer. It will not last long!

Last Agent to Sell the Property

Lou Chirgott

(410) 913-6636 lou@coremaryland.com Core Maryland Real Estate LLC Listed on: 09/18/2020

Last Buyer's Agent

Lledon Stokes

(202) 924-5117 lledonstokes@gmail.com TTR Sotheby's International Realty License #SP200200381

TTR Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 2008

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,073 Sq Ft Home
  • Property has 4 Levels

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160903629205

Community Details

Overview

  • Association fees include water
  • Summit Crossing Condos
  • Summit Crossing Community
  • Summit Crossing Codm Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,645

Year Built

Built in 2008

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Expected On Market: 2020-09-18
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Unlike any other Townhome in its vicinity, come see what makes this beautiful and cared for 4 x 4 Townhome so unique! This property features 2 full upper level master bedrooms along with 2 full upper level master baths, a 3rd bedroom, an additional 1 and a half bathrooms, and an option for a 4th bedroom on the main level! Other features include a 2 car garage with installed storage, an updated kitchen with a deck off the side, gleaming hardwood floors, natural light, a large open living/dining room, upper level washer and dryer and so much more! Plus, the condo fee covers water! Built in 2008, this home is clean, modern, and turn key ready! Whether you are a family and/or a working professional, location could not be better! Everything you need is within a 5-10 minute walk or drive! This home sits in a family friendly area with multiple activities year-round for residents to participate in including festivals, parades, book fair, concerts, fireworks, and many more! K-12 schools are all 5 or less minutes away. Montgomery County Fairgrounds, which holds one of Marylands largest annual fairs, is just a 10 minute walk away, as is the Gaithersburg Waterpark and Mini Golf! Enjoy even more of what this wonderful area has to offer with places like the Historic Gaithersburg Railroad Museum along with multiple recreational parks for people of all ages including Bohrer Park, Adventureland, Lake Needwood, Black Hills Regional, and King Farm, just to name a few. Also enjoy numerous multicultural events, holiday events, and gatherings throughout the year such as the City Farmers Market which takes place every Thursday during the Spring and Summer and is only a short 5 minute walk away! Not to mention - The Marc Train to DC is just a short 5-minute walk away! There are a plethora of grocery stores within a 5 minute drive including Aldi, H-Mart, Safeway, Giant, and Weis. Whole Foods, Wegmans, Mom's Organic, Harris Teeter, Costco, Sams and Target. The Clarksburg outlets as well as Downtown Rockville are only fifteen minutes away! Come see this wonderful home and all it has to offer. It will not last long!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Fireplace: No
  • Levels Count: 4
  • Room Count: 4
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3073
  • Living Area Sq Ft: 3073
  • Price Per Sq Ft: 138.30
  • Above Grade Finished Sq Ft: 3073
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 224

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Vinyl Siding
  • 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: Additional Storage Area, Built In, Covered Parking, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric, Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 280.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Crossing
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 245000.00
  • Land Assessed Value: 105000.00
  • Land Use Code: 011
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2020
  • Zoning: CBD
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14110761
  • Tax Annual Amount: 4645.00
  • Assessor Parcel Number: 160903629205
  • Tax Total Finished Sq Ft: 3073
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/27/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 27, 2020
Sold by
Bet Sayad Wilbert
Bought by
Conner Thomas J
Seller's Agent
Lou Chirgott
Core Maryland Real Estate LLC
Buyer's Agent
Lledon Stokes
TTR Sotheby's International Realty
List Price
$419,900
Sold Price
$412,500
Premium/Discount to List
-$7,400
-1.76%
Current Estimated Value
$526,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,099
Avg. Annual Appreciation
5.06%
Original Mortgage
$340,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Ba North Summit Llc
Bought by
Marinucci Jon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2008
Sold by
Ba North Summit Llc
Bought by
Marinucci Jon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Conner Thomas J $412,500 Kvs Title Llc
Marinucci Jon A $359,900 --
Marinucci Jon A $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conner Thomas J $340,000
Previous Owner Marinucci Jon A $359,900
Previous Owner Marinucci Jon A $359,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $412,500 -2.9% $134 / Sq Ft
10/06/2020 10/06/20 Price Changed $425,000 +1.2% $138 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $419,900 -- $137 / 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 $5,574 $416,667 -- --
2024 $5,574 $408,333 $0 $0
2023 $6,122 $400,000 $120,000 $280,000
2022 $4,399 $383,333 $0 $0
2021 $4,208 $366,667 $0 $0
2020 $7,944 $350,000 $105,000 $245,000
2019 $7,907 $350,000 $105,000 $245,000
2018 $3,960 $350,000 $105,000 $245,000
2017 $4,097 $350,000 $0 $0
2016 $3,512 $350,000 $0 $0
2015 $3,512 $350,000 $0 $0
2014 $3,512 $350,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lou Chirgott

    Seller's Agent in 2020

    Lou Chirgott

    Core Maryland Real Estate LLC

    (410) 913-6636

    1 in this area

    440 Total Sales

    Lou Chirgott
    Section Image
  • Lledon Stokes

    Buyer's Agent in 2020

    Lledon Stokes

    TTR Sotheby's International Realty

    (202) 924-5117

    1 in this area

    34 Total Sales

    Lledon Stokes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC725140

Bright MLS

APN: 09-03629205

Maryland Montgomery County Gaithersburg 20877

224 N Summit Ave Unit 28, Gaithersburg, MD

This home is located at 224 N Summit Ave Unit 28, Gaithersburg, MD 20877 since 18 September 2020 and is currently estimated at $526,599, approximately $171 per square foot. This property was built in 2008. 224 N Summit Ave Unit 28 is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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