NOT LISTED FOR SALE

312 Park Ave Unit 4 Gaithersburg, MD 20877

Estimated Value: $476,529 - $580,000

3 Beds
2.5 Baths
2,018 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $370,000 $183 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,359/month

Highlights

  • Newly Remodeled
  • Traditional Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Wood Flooring
  • 3-minute walk to Constitution Gardens Park

About This Home

As of June 2014

NEW CONSTRUCTION - EXQUISITE HOME! 3BR 2.5BA AND 1-CAR GARAGE. UPGRADED KITCHEN W/ STAINLESS GOURMET APPLIANCES, GRANITE SHAKER CABINETS. FULLY FINISHED REC ROOM. MOVE IN READY! CLOSE TO MARC TRAIN. A MUST SEE!

Last Agent to Sell the Property

Nathan Dart

(301) 461-0693 team@darthomes.com RE/MAX Realty Group License #514678 Listed on: 10/18/2013

RE/MAX Realty Group

Last Buyer's Agent

Phil Walker

phillipwalker@mris.com Taylor Properties License #MRIS:73082

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • HardiePlank Type

Interior Spaces

  • 2,018 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include trash, snow removal, water, insurance
  • Built by CRAFTSTAR
  • Summit Crossing Community
  • Summit Crossing Codm Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 160903710716

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,749

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$190 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Remarks Public: NEW CONSTRUCTION - EXQUISITE HOME! 3BR 2.5BA AND 1-CAR GARAGE. UPGRADED KITCHEN W/ STAINLESS GOURMET APPLIANCES, GRANITE SHAKER CABINETS. FULLY FINISHED REC ROOM. MOVE IN READY! CLOSE TO MARC TRAIN. A MUST SEE!
  • Special Assessment Payment: Annually
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Oven/Range - Gas, Disposal, Dishwasher, Refrigerator, Icemaker, Range Hood, Energy Efficient Appliances
  • Interior Amenities: Combination Dining/Living, Butlers Pantry, Family Room Off Kitchen, Breakfast Area, Kitchen - Table Space, Crown Moldings, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2018
  • Living Area Sq Ft: 2018
  • Price Per Sq Ft: 185.78
  • Above Grade Finished Sq Ft: 2018
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 312

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: 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: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Energy Star Heating System
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 190.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Water, Insurance
  • HOA: No

Lot Info

  • Improvement Assessed Value: 255500.00
  • Land Assessed Value: 109500.00
  • Year Assessed: 2014
  • In City Limits: Yes

Building Info

  • Builder Name: CRAFTSTAR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14119947
  • Tax Annual Amount: 4748.65
  • Assessor Parcel Number: 160903710716
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2597
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/20/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2014
Sold by
Summit Crossing Llc
Bought by
Ojejinmi Olumide
Current Estimated Value
$515,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Outstanding Balance
$265,714
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$249,418
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
Ojejinmi Olumide $370,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojejinmi Olumide $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $370,000 -1.3% $183 / Sq Ft
02/17/2014 02/17/14 Price Changed $374,900 0.0% $186 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/10/2013 11/10/13 Price Changed $374,900 -3.6% $186 / Sq Ft
10/18/2013 10/18/13 For Sale $388,725 -- $193 / 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 $5,119 $396,667 -- --
2024 $5,119 $373,333 $0 $0
2023 $5,474 $350,000 $105,000 $245,000
2022 $4,367 $346,667 $0 $0
2021 $3,913 $343,333 $0 $0
2020 $3,846 $340,000 $102,000 $238,000
2019 $7,654 $340,000 $102,000 $238,000
2018 $3,833 $340,000 $102,000 $238,000
2017 $4,277 $365,000 $0 $0
2016 -- $365,000 $0 $0
2015 -- $365,000 $0 $0
2014 -- $365,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003740720

Bright MLS

APN: 09-03710716