NOT LISTED FOR SALE

27 Spring St Gaithersburg, MD 20877

Estimated Value: $662,000 - $1,096,000

4 Beds
3.5 Baths
4,896 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $95,000 $19 Per Sq Ft

Est. 784% increase in value since last sale

Current estimated payment $5,129/month

Highlights

  • New Construction
  • Colonial Architecture
  • 2 Car Direct Access Garage
  • 0.21 Acre Lot
  • No HOA
  • Oversized Parking

About This Home

As of August 2021

Large BRAND NEW 4BR/3.5BA single family home with 3 finished levels, oversized garage and patio. This rare new construction home for lease delivers an open floorplan, 9' ceilings , high end designer finishes, hardwood floors and brilliant natural light throughout. Gourmet kitchen with large island, quartz countertops and new stainless steel appliances connects to a breakfast area and large family room. Formal dining and living rooms. Lower level features huge recreation room, family room , or in law suite with full bath. Beautiful ceramic tiled baths. Quiet backyard patio. Private lot backs to small conservation area. Close to Old Town Gaithersburg and just minutes to major commuter routes, retail, and restaurants.

Last Agent to Rent the Property

Mark Miller

(301) 332-0400 mark@streamlinemanagement.com Streamline Management, LLC. License #SP200202786 Listed on: 06/11/2021

Last Renter's Agent

Mark Miller

(301) 332-0400 mark@streamlinemanagement.com Streamline Management, LLC. License #SP200202786 Listed on: 06/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,128

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,301 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R90

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Transitional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Garage Access
  • Natural lighting in basement

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • ENERGY STAR Qualified Equipment for Heating

Community Details

  • No Home Owners Association
  • Gaithersburg Town Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,900
  • Tenant pays for exterior maintenance, all utilities
  • No Smoking Allowed
  • 24-Month Lease Term
  • Available 6/15/21
  • $50 Application Fee
  • Assessor Parcel Number 160903508375

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,128

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2021-06-15
  • Application Fee: 50.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 3900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Exterior Maintenance, Utilities - All
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 24
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial, Transitional
  • Accessibility Features: 2+ Access Exits
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: Yes
  • Remarks Public: Large BRAND NEW 4BR/3.5BA single family home with 3 finished levels, oversized garage and patio. This rare new construction home for lease delivers an open floorplan, 9' ceilings , high end designer finishes, hardwood floors and brilliant natural light throughout. Gourmet kitchen with large island, quartz countertops and new stainless steel appliances connects to a breakfast area and large family room. Formal dining and living rooms. Lower level features huge recreation room, family room , or in law suite with full bath. Beautiful ceramic tiled baths. Quiet backyard patio. Private lot backs to small conservation area. Close to Old Town Gaithersburg and just minutes to major commuter routes, retail, and restaurants.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Combination, Daylight, Full, Garage Access, Improved, Fully Finished
  • Total Sq Ft: 4896
  • Living Area Sq Ft: 4896
  • Price Per Sq Ft: 1.03
  • Above Grade Finished Sq Ft: 3800
  • Below Grade Finished Sq Ft: 1096
  • Total Below Grade Sq Ft: 1096
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 27

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick, Block, Vinyl Siding
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Additional Storage Area, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas, Instant Hot Water
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: 011
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9301.00
  • Property Condition: Excellent
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 14099222
  • Assessor Parcel Number: 160903508375
  • Close Date: 08/01/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2019
Closed on
Dec 18, 2019
Sold by
Adesokan Babatunde and Adesokan Adeola
Bought by
Castillo Paz and Castillo Maria
Seller's Agent
Karen Barnett
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Barnett
Long & Foster Real Estate, Inc.
List Price
$150,000
Sold Price
$95,000
Premium/Discount to List
-$55,000
-36.67%
Current Estimated Value
$839,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,753
Avg. Annual Appreciation
46.11%

Purchase Details

Closed on
May 14, 2013
Sold by
Shaw Timothy L
Bought by
Adesokan Babatunde and Adesokan Adeola
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
Castillo Paz $95,000 Rgs Title Llc
Adesokan Babatunde $95,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Rented $3,800 -2.6% --
07/03/2021 07/03/21 Under Contract -- -- --
06/11/2021 06/11/21 For Rent $3,900 0.0% --
12/18/2019 12/18/19 Sold $95,000 -32.1% --
12/02/2019 12/02/19 Pending -- -- --
04/14/2019 04/14/19 Price Changed $139,900 -6.7% --
03/02/2019 03/02/19 For Sale $150,000 -- --
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 $8,128 $647,000 -- --
2024 $8,128 $598,900 $0 $0
2023 $7,458 $550,800 $182,000 $368,800
2022 $1,985 $134,100 $134,100 $0
2021 $0 $134,100 $134,100 $0
2020 $0 $172,500 $172,500 $0
2019 $2,183 $172,500 $172,500 $0
2018 $2,195 $172,500 $172,500 $0
2017 $2,129 $172,500 $0 $0
2016 -- $162,000 $0 $0
2015 $2,151 $151,500 $0 $0
2014 $2,151 $141,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC763802

Bright MLS

APN: 09-03508375