NOT LISTED FOR SALE

22547 Phillips St Unit 1601 Clarksburg, MD 20871

Estimated Value: $470,000 - $503,000

3 Beds
2.5 Baths
2,277 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $345,000 $152 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,226/month

67 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Courtyard Views
  • Clarksburg Elementary Rated A
  • Upgraded Countertops
  • Jogging Path

About This Home

As of December 2019

Welcome to the highly sought after Gallery Park! Located conveniently right off I-270 and around the corner from the Clarksburg Outlets and Clarksburg village center that hosts Harris Teeter and many other shops and restaurants. This rare brick front end unit condo/townhome features 3 generously sized bedrooms with 2.5 baths with over 2,200 sqft of living space. Stunning kitchen with gas cooking, granite countertops, and stainless steel appliance. This 4 year old, freshly painted home is ready for its next owner! ** Please provide a strong pre-approval letter along with completed GCAAR financial information sheet with all offers.

Last Agent to Sell the Property

Kevin Grolig

(240) 793-7495 kevin@kevingrolig.com Compass License #88508 Listed on: 09/12/2019

Compass

Co-Listed By

zachary steinnagel

(240) 449-7033 zsteinnagel3@gmail.com RE/MAX Town Center

Last Buyer's Agent

Bindu Sethi

(240) 899-4899 aapkaghar@yahoo.com Realty Advantage of Maryland LLC License #528924

Realty Advantage of Maryland LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 2015

Lot Details

  • 1,350

HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • On-Street Parking

Home Design

  • Side-by-Side
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,277 Sq Ft Home
  • Property has 3 Levels
  • Family Room Off Kitchen
  • Dining Area
  • Carpet
  • Courtyard Views
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Clarksburg Elementary School
  • Rocky Hill Middle School
  • Clarksburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Municipal Trash

Additional Features

  • Deck
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160203763007

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, snow removal, trash, exterior building maintenance
  • The Management Group Condos, Phone Number (301) 948-6666
  • Built by Miller & Smith
  • Gallery Park Cod Community
  • Gallery Park Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,774

Year Built

Built in 2015

Lot Details

0

HOA Fees

$263 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2, Upper 3
  • Expected On Market: 2019-09-12
  • Federal Flood Zone: No
  • Year Built: 2015
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Kitchen - Island, Family Room Off Kitchen, Carpet, Dining Area, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2277
  • Living Area Sq Ft: 2277
  • Price Per Sq Ft: 153.71
  • Above Grade Finished Sq Ft: 2277
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: No
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Covered Parking
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Attached Carport, On Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Private
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 78.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 185.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Management Group
  • Condo Co-Op Phone: 301-948-6666
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Trash, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Name: THE MANAGEMENT GROUP
  • HOA Phone: 301-948-6666
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CLARKSBURG
  • High School: CLARKSBURG
  • Middle Or Junior School: ROCKY HILL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 210000.00
  • Land Assessed Value: 90000.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: CLARKSBURG
  • In City Limits: No

Building Info

  • Builder Name: Miller & Smith

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 14124625
  • Tax Annual Amount: 3774.00
  • Assessor Parcel Number: 160203763007
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Dec 20, 2019
Sold by
Kumar Sambit and Thiady Sonia
Bought by
Chelluri Madhavi Latha and Chelluri Vinod Kumar
Seller's Agent
Kevin Grolig
Compass
Buyer's Agent
Bindu Sethi
Realty Advantage of Maryland LLC
List Price
$369,990
Sold Price
$345,000
Premium/Discount to List
-$24,990
-6.75%
Current Estimated Value
$484,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,758
Avg. Annual Appreciation
5.90%
Original Mortgage
$276,000
Outstanding Balance
$187,324
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$297,434

Purchase Details

Listed on
Oct 2, 2015
Closed on
Dec 2, 2015
Sold by
Miller & Smith At Eastside Llc
Bought by
Kumar Sambit and Thiady Sonia
Seller's Agent
Spence Stouffer
Miller and Smith Homes, Inc.
Buyer's Agent
Spence Stouffer
Miller and Smith Homes, Inc.
List Price
$346,700
Sold Price
$330,990
Premium/Discount to List
-$15,710
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.04%
Original Mortgage
$324,994
Interest Rate
3.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chelluri Madhavi Latha $345,000 Worldwide Settlements Inc
Kumar Sambit $330,990 Hallmark Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chelluri Madhavi Latha $276,000
Previous Owner Kumar Sambit $324,994
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2019 12/23/19 Sold $345,000 -1.4% $152 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
10/24/2019 10/24/19 Price Changed $349,999 -2.8% $154 / Sq Ft
10/03/2019 10/03/19 Price Changed $359,999 -2.7% $158 / Sq Ft
09/12/2019 09/12/19 For Sale $369,990 +11.8% $162 / Sq Ft
12/21/2015 12/21/15 Sold $330,990 0.0% $175 / Sq Ft View Prior Sale
11/16/2015 11/16/15 Pending -- -- --
10/09/2015 10/09/15 Price Changed $330,990 -4.5% $175 / Sq Ft
10/02/2015 10/02/15 For Sale $346,700 -- $184 / 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 $4,920 $420,000 $126,000 $294,000
2024 $4,920 $396,667 $0 $0
2023 $3,943 $373,333 $0 $0
2022 $3,496 $350,000 $105,000 $245,000
2021 $3,337 $340,000 $0 $0
2020 $3,205 $330,000 $0 $0
2019 $6,166 $320,000 $96,000 $224,000
2018 $3,002 $313,333 $0 $0
2017 $2,965 $306,667 $0 $0
2016 -- $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC678224

Bright MLS

APN: 02-03763007