NOT LISTED FOR SALE

246 N Summit Ave Unit 19 Gaithersburg, MD 20877

Estimated Value: $422,122 - $437,000

3 Beds
2.5 Baths
1,979 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $405,000 $205 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,990/month

77 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • 1 Car Direct Access Garage
  • Frost Middle School Rated A
  • Balcony
  • 4-minute walk to Constitution Gardens Park

About This Home

As of February 2024

===BACK on the market=== Home Sweet Home! STUNNING 2 levels (1st two levels), 3 bedrooms, 2.5 Bath, Brick Front Townhome with fireplace, 9' high ceiling, and an attached 1 car garage in the Quaint Old Town Gaithersburg inside a very private, quiet, close-knit community. An ENORMOUS primary suite with a walk-in closet and luxury bath. The 2nd bedroom offers a huge iron-clad balcony! The laundry room is located on the bedroom level. BRIGHT and sunny with natural light from oversized windows and a sliding glass door. ===Major renovation and upgrade galore completed in 2022, totaling to $35,000. ===This TH has 1,979 SQ FT. ===The $380 monthly condo fee INCLUDES water. ===VISITOR PARKING: Aditional parking spaces are available along Park Avenue. ===Convenient and prime location: Marc commuter train, Old Town Gaithersburg district, City Hall, BOHRER PARK (Outdoor Pool, Skating Park, Mini Golf, Tot Lots, Walking Path, Picnic Pavillions, Community Center), Farmer's Market, shopping centers, 5-star restaurants, grocery stores, downtown RIO and Crown, easy access to Route 355, I-270, I-370, & ICC 200.

Last Agent to Sell the Property

Maria McGrath

(301) 639-9420 maria@maria-mcgrath.com Redfin Corp License #SP98375941 Listed on: 10/13/2023

Redfin Corp

Last Buyer's Agent

Michael Nguyen

(240) 938-8099 mnguyenrealtor@gmail.com Smart Realty, LLC License #678387

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 2008 | Remodeled in 2021

Lot Details

  • Property is in excellent condition

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • 1,979 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Replacement Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Combination Dining and Living Room
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 110 Volts
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160903629114

Community Details

Overview

  • Association fees include water, management, common area maintenance, snow removal, trash
  • Summit Crossing Condos
  • Built by BA Homebuilder, LLC
  • Summit Crossing Codm Subdivision, Home Sweet Home Floorplan
  • Summit Crossing Community

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,070

Year Built

Built in 2008 | Remodeled in 2021

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Stainless steel kitchen appliances: built-in microwave, french door refrigerator, gas range/stove & dishwasher, disposer, washer & dryer, HVAC, A/C unit
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-10-16
  • Federal Flood Zone: No
  • Year Built: 2008
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Washer, Washer - Front Loading
  • Flooring Type: Ceramic Tile, Luxury Vinyl Plank, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Double Hung, Double Pane, Insulated, Low-E, Replacement, Screens, Vinyl Clad
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Insulated
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1979
  • Living Area Sq Ft: 1979
  • Price Per Sq Ft: 202.12
  • Above Grade Finished Sq Ft: 1979
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Exterior Features: Sidewalks
  • Roof: Asphalt, Shingle
  • 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
  • Parking Features: Concrete Driveway
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Previous Twelve Months Electric Expense: 1548.68
  • Electric Service: 110 Volts
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 380.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Crossing
  • HOA Condo Co-Op Fee Includes: Water, Management, Common Area Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony, Brick
  • Property Condition: Excellent
  • Zoning: CBD
  • In City Limits: No

Building Info

  • Builder Name: BA Homebuilder, LLC

Rental Info

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

Tax Info

  • Tax Annual Amount: 4070.00
  • Assessor Parcel Number: 160903629114
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Feb 9, 2024
Sold by
Lockhart Erika
Bought by
He Yan and Garbo-He Charisa
Seller's Agent
Maria McGrath
Redfin Corp
Buyer's Agent
Michael Nguyen
Smart Realty, LLC
List Price
$399,999
Sold Price
$405,000
Premium/Discount to List
$5,001
1.25%
Views
449
Current Estimated Value
$428,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,781
Avg. Annual Appreciation
3.20%
Original Mortgage
$280,000
Outstanding Balance
$275,052
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$153,729

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 31, 2021
Sold by
Harmon Marea K
Bought by
Lockhart Erika
Seller's Agent
LaGreta Dennis
TTR Sotheby's International Realty
Buyer's Agent
Maria McGrath
Redfin Corp
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$360,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2018
Closed on
May 2, 2019
Sold by
Smith Stacy M
Bought by
Harmon Marea K
Seller's Agent
Barbara Fagel
Long & Foster Real Estate, Inc.
Buyer's Agent
Janice Fife
Weichert, REALTORS
List Price
$305,000
Sold Price
$315,000
Premium/Discount to List
$10,000
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$299,250
Interest Rate
4.1%
Mortgage Type
New Conventional
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
He Yan $405,000 Stewart Title
He Yan $405,000 Stewart Title
Lockhart Erika $360,000 Stewart Title Guaranty Co
Harmon Marea K $315,000 Classic Settlements Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Yan $280,000
Closed He Yan $280,000
Previous Owner Lockhart Erika $360,000
Previous Owner Harmon Marea K $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $405,000 +1.3% $205 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $399,999 0.0% $202 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $399,999 -9.1% $202 / Sq Ft
10/24/2023 10/24/23 Price Changed $440,000 -3.3% $222 / Sq Ft
10/13/2023 10/13/23 For Sale $455,000 +26.4% $230 / Sq Ft
08/31/2021 08/31/21 Sold $360,000 -4.0% $182 / Sq Ft View Prior Sale
07/10/2021 07/10/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $375,000 +19.0% $189 / Sq Ft
05/03/2019 05/03/19 Sold $315,000 +3.3% $159 / Sq Ft View Prior Sale
02/18/2019 02/18/19 For Sale $305,000 -3.2% $154 / Sq Ft
02/02/2019 02/02/19 Off Market $315,000 -- --
02/01/2019 02/01/19 For Sale $305,000 -3.2% $154 / Sq Ft
02/01/2019 02/01/19 Off Market $315,000 -- --
10/01/2018 10/01/18 Price Changed $305,000 -3.2% $154 / Sq Ft
07/22/2018 07/22/18 For Sale $315,000 -- $159 / 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 $4,229 $315,000 -- --
2024 $4,229 $305,000 $0 $0
2023 $3,378 $295,000 $88,500 $206,500
2022 $3,223 $290,000 $0 $0
2021 $3,175 $285,000 $0 $0
2020 $3,089 $280,000 $84,000 $196,000
2019 $6,135 $280,000 $84,000 $196,000
2018 $3,070 $280,000 $84,000 $196,000
2017 $3,176 $280,000 $0 $0
2016 -- $280,000 $0 $0
2015 $2,951 $280,000 $0 $0
2014 $2,951 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2109654

Bright MLS

APN: 09-03629114