NOT LISTED FOR SALE

246 N Summit Ave Gaithersburg, MD 20877

Estimated Value: $413,000 - $442,000

3 Beds
3 Baths
1,979 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 246 N Summit Ave, Gaithersburg, MD 20877 and is currently estimated at $427,777, approximately $216 per square foot. 246 N Summit Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Lockhart Erika
Bought by
He Yan and Garbo-He Charisa
Current Estimated Value
$427,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$275,052
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$152,725

Purchase Details

Closed on
Aug 31, 2021
Sold by
Harmon Marea K
Bought by
Lockhart Erika

Home Financials for this Owner

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

Purchase Details

Closed on
May 2, 2019
Sold by
Smith Stacy M
Bought by
Harmon Marea K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

Map

Maryland Montgomery County Gaithersburg 20877

246 N Summit Ave, Gaithersburg, MD

This home is located at 246 N Summit Ave, Gaithersburg, MD 20877 and is currently estimated at $427,777, approximately $216 per square foot. 246 N Summit Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes