NOT LISTED FOR SALE

232 N Summit Ave Unit 26 Gaithersburg, MD 20877

Estimated Value: $475,000 - $516,000

3 Beds
2.5 Baths
3,124 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $364,900 $117 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,334/month

Highlights

  • Colonial Architecture
  • High Ceiling
  • Upgraded Countertops
  • Attic
  • Open Floorplan
  • 4-minute walk to Constitution Gardens Park

About This Home

As of May 2020

Fall in love with this beautiful, well-maintained condo in historic Old Towne Gaithersburg. The original owner has spent over $30k in upgrades to ensure it's a place YOU'D like to call home for many years to come! This just over 3,000 sq ft home boasts luxury with exquisite finishes including crown molding, granite counter-tops, glass back-splashes, (a) spa-like half bathroom, 42" kitchen cabinetry, gourmet kitchen with electric and gas ovens, and newly carpeted bedrooms each with walk-in closets. Beautiful Luxury Vinyl Plank flooring is throughout the entry, main level floor and hallway on upper level. This flooring is not only stylish and long-lasting but also 100% PET and WATERPROOF. The single car garage includes shelving to store items, a rack to hang a bike and adequate space to shelter a car from inclimate weather. It's perfect for those who love an organized garage! Located in a quiet and established community just minutes away from local eateries, shopping (including the to-be-remodeled) Lake Forest Mall, Costco, Shady Grove Metro and the 1/10 of a mile away MARC train station; this is a place you don't want to pass up! Enjoy the City of Gaithersburg amenities including the fire department, police, parks and recreation, and the list goes on!

Last Agent to Sell the Property

Jessica Townsend

(214) 718-0545 Jessica.Townsend@CBrealty.com Coldwell Banker Realty License #BR40000478 Listed on: 11/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Stephany DeBerry

(571) 258-7371 stephany.deberry@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,392

Year Built

  • Built in 2008 | Remodeled in 2019

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • Rented or Permit Required

Home Design

  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,124 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Open Floorplan
  • Living Room
  • Dining Room
  • Den
  • Alarm System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Electric Oven or Range
  • Cooktop
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Front Loading Dryer
  • Front Loading Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160903629182

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, snow removal, water, trash, lawn care front, insurance
  • Summit Crossing Community
  • Summit Crossing Codm Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,392

Year Built

Built in 2008 | Remodeled in 2019

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: washer, dryer, master bedroom window treatments, tv mounts and tv's in master and guest bedrooms. Seller is willing to sell some of the furniture if your buyer is interested. Please state in contract which items your buyer would like to buy if interested
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-11-21
  • Federal Flood Zone: No
  • Year Built: 2008
  • Year Renovated: 2019
  • Remarks Public: Fall in love with this beautiful, well-maintained condo in historic Old Towne Gaithersburg. The original owner has spent over $30k in upgrades to ensure it's a place YOU'D like to call home for many years to come! This just over 3,000 sq ft home boasts luxury with exquisite finishes including crown molding, granite counter-tops, glass back-splashes, (a) spa-like half bathroom, 42" kitchen cabinetry, gourmet kitchen with electric and gas ovens, and newly carpeted bedrooms each with walk-in closets. Beautiful Luxury Vinyl Plank flooring is throughout the entry, main level floor and hallway on upper level. This flooring is not only stylish and long-lasting but also 100% PET and WATERPROOF. The single car garage includes shelving to store items, a rack to hang a bike and adequate space to shelter a car from inclimate weather. It's perfect for those who love an organized garage! Located in a quiet and established community just minutes away from local eateries, shopping (including the to-be-remodeled) Lake Forest Mall, Costco, Shady Grove Metro and the 1/10 of a mile away MARC train station; this is a place you don't want to pass up! Enjoy the City of Gaithersburg amenities including the fire department, police, parks and recreation, and the list goes on!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Energy Star Refrigerator, Icemaker, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater, Oven/Range - Electric
  • Flooring Type: Carpet, Laminated, Ceramic Tile, Vinyl
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Living, Crown Moldings, Dining Area, Kitchen - Island, Primary Bath(s), Pantry, Recessed Lighting, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage
  • Window Features: Screens, Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Bedroom 1, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3124
  • Living Area Sq Ft: 3124
  • Price Per Sq Ft: 116.81
  • Above Grade Finished Sq Ft: 3124
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 232

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Composite, Flat
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 1
  • Parking Features: Asphalt Driveway, Rented/Permit Required
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway, Off Street

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Sprinkler System - Indoor, Main Entrance Lock, Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone Available, Water Available, Natural Gas Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 270.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Snow Removal, Water, Trash, Lawn Care Front, Insurance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 231000.00
  • Land Assessed Value: 99000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14110773
  • Tax Annual Amount: 4392.00
  • Assessor Parcel Number: 160903629182
  • Tax Total Finished Sq Ft: 3124
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 05/05/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
May 4, 2020
Sold by
Mitchell Kelly
Bought by
Burrell Rochelle M
Seller's Agent
Jessica Townsend
Coldwell Banker Realty
Buyer's Agent
Stephany DeBerry
EXP Realty, LLC
List Price
$364,900
Sold Price
$364,900
Current Estimated Value
$496,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,588
Avg. Annual Appreciation
5.83%
Original Mortgage
$358,290
Outstanding Balance
$318,678
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$177,810

Purchase Details

Closed on
Aug 22, 2008
Sold by
Ba North Summit Llc
Bought by
Mitchell Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,638
Interest Rate
6.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2008
Sold by
Ba North Summit Llc
Bought by
Mitchell Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,638
Interest Rate
6.4%
Mortgage Type
FHA
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
Burrell Rochelle M $364,900 Eastern Title And Settlement
Mitchell Kelly A $353,905 --
Mitchell Kelly A $353,905 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrell Rochelle M $358,290
Previous Owner Mitchell Kelly A $339,638
Previous Owner Mitchell Kelly A $339,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Sold $364,900 0.0% $117 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $364,900 0.0% $117 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $364,900 -0.8% $117 / Sq Ft
11/21/2019 11/21/19 For Sale $368,000 -- $118 / 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 $5,054 $391,667 -- --
2024 $5,054 $368,333 $0 $0
2023 $4,025 $345,000 $103,500 $241,500
2022 $3,853 $340,000 $0 $0
2021 $3,807 $335,000 $0 $0
2020 $7,440 $330,000 $99,000 $231,000
2019 $7,401 $330,000 $99,000 $231,000
2018 $3,706 $330,000 $99,000 $231,000
2017 $3,658 $330,000 $0 $0
2016 $3,450 $316,667 $0 $0
2015 $3,450 $303,333 $0 $0
2014 $3,450 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Townsend

    Seller's Agent in 2020

    Jessica Townsend

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (214) 718-0545

    30 Total Sales

    Jessica Townsend
    Section Image
  • Stephany DeBerry

    Buyer's Agent in 2020

    Stephany DeBerry

    EXP Realty, LLC

    (571) 258-7371

    1 in this area

    39 Total Sales

    Stephany DeBerry
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC686692

Bright MLS

APN: 09-03629182

Maryland Montgomery County Gaithersburg 20877

232 N Summit Ave Unit 26, Gaithersburg, MD

This home is located at 232 N Summit Ave Unit 26, Gaithersburg, MD 20877 since 21 November 2019 and is currently estimated at $496,488, approximately $158 per square foot. This property was built in 2008. 232 N Summit Ave Unit 26 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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