NOT LISTED FOR SALE

261 Kepler Dr Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $896,098 - $939,000

3 Beds
3.5 Baths
2,557 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $729,990 $285 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,737/month

Highlights

  • Fitness Center
  • Clubhouse
  • Loft
  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of June 2017

M/I Homes presents the Downtown Crown brand new townhome with open design features a 2 car garage with loft, bathroom &2 rooftop terraces. Home features many upgraded including 3 full baths and oversized kitchen island. This elegantly appointed home is under construction with a March move in. Located in Downtown Crown area full of restaurants and retail.

Last Agent to Sell the Property

Chelsea Bolden

(443) 538-9384 houseandhomeresidential@gmail.com Douglas Elliman of Metro DC, LLC - Arlington License #0225225511 Listed on: 02/09/2017

Douglas Elliman of Metro DC, LLC - Arlington

Last Buyer's Agent

Carol Schantz

(301) 258-7757 Carol@Schantzproperties.com RE/MAX Realty Group License #MRIS:6052

RE/MAX Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 2017

Lot Details

  • 1,300 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stone Siding
  • Brick Front
  • HardiePlank Type

Interior Spaces

  • 2,557 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Loft
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 233
  • Assessor Parcel Number 160903701153

Community Details

Overview

  • Association fees include snow removal, trash
  • Built by M/I HOMES
  • Crown Farm Subdivision, Chagall Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,760

Year Built

Built in 2017

Lot Details

0

HOA Fees

$128 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Exhaust Fan, Microwave, Range Hood
  • Interior Amenities: Breakfast Area, Kitchen - Island, Dining Area, Crown Moldings, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Window Features: Bay/Bow, Double Pane, Insulated, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Loft
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 2557
  • Living Area Sq Ft: 2557
  • Price Per Sq Ft: 297.22
  • Above Grade Finished Sq Ft: 2557
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front, Stone, Hardiplank Type
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 128.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Jog/Walk Path, Exercise Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1300.00
  • Property Attached Yn: Yes
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: M/I HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14118100
  • Tax Annual Amount: 2760.34
  • Assessor Parcel Number: 160903701153
  • Tax Lot: 233
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jun 29, 2017
Sold by
Mi Homes Of Fc Llc
Bought by
Kureshi Faraz and Kureshi Najlan
Seller's Agent
Chelsea Bolden
Douglas Elliman of Metro DC, LLC - Arlington
Buyer's Agent
Carol Schantz
RE/MAX Realty Group
List Price
$769,467
Sold Price
$729,990
Premium/Discount to List
-$39,477
-5.13%
Current Estimated Value
$920,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,285
Avg. Annual Appreciation
2.82%
Original Mortgage
$729,990
Outstanding Balance
$601,941
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$318,334

Purchase Details

Closed on
May 22, 2016
Sold by
Vii Crown Farm Owner Llc
Bought by
M/I Homes Of Dc Llc
Source: Public Records

Range of Values:

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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
Kureshi Faraz $729,990 Unity Title
M/I Homes Of Dc Llc $1,545,508 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kureshi Faraz $729,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $729,990 -3.9% $285 / Sq Ft
04/20/2017 04/20/17 Price Changed $759,990 -1.2% $297 / Sq Ft
02/09/2017 02/09/17 For Sale $769,467 -- $301 / 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 $9,499 $734,033 -- --
2024 $9,499 $711,667 $0 $0
2023 $9,847 $689,300 $250,000 $439,300
2022 $8,147 $682,767 $0 $0
2021 $7,982 $676,233 $0 $0
2020 $7,982 $669,700 $250,000 $419,700
2019 $7,796 $655,433 $0 $0
2018 $7,645 $641,167 $0 $0
2017 $8,208 $626,900 $0 $0
2016 -- $250,000 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chelsea Bolden

    Seller's Agent in 2017

    Chelsea Bolden

    Douglas Elliman of Metro DC, LLC - Arlington

    (443) 538-9384

    49 Total Sales

    Chelsea Bolden
    Section Image

  • C

    Buyer's Agent in 2017

    Carol Schantz

    Remax Realty Group

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002486415

Bright MLS

APN: 09-03741477

Maryland Montgomery County Gaithersburg 20850 Shady Grove

261 Kepler Dr, Gaithersburg, MD

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