NOT LISTED FOR SALE

318 Community Center Ave Gaithersburg, MD 20878

Estimated Value: $635,000 - $765,000

3 Beds
4 Baths
2,240 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $635,000 $283 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,372/month

Highlights

  • Clubhouse
  • 1 Fireplace
  • Tennis Courts
  • Lakelands Park Middle School Rated A
  • Community Pool
  • Jogging Path

About This Home

As of July 2022

Luxury modern townhouse located in the heart of Gaithersburg. Upon entry, you will see the sun-filled office/den. Gourmet kitchen on the 2nd level has massive island with quartz countertop. Builder upgrade stainless steel appliances and cabinets. Enjoy the gas fireplace with a flick of the switch in the family room. Built-in display shelving on both sides of the fireplace. Double doors to the balcony. Hardwood flooring thru out main and upper levels. Double vanities and showers with frameless door in the primary bathroom. Energy efficient tankless hot water heater. Total more than 50k upgrade. Living in Parklands, you have instant access to I-270, major groceries, Costco, restaurants, and State Park. This is your dream home come true.

Last Agent to Sell the Property

Howard Wang

(240) 258-8738 howardrealtyteam@gmail.com Howard Wang Realty License #661038 Listed on: 05/04/2022

Last Buyer's Agent

Blake Hering

(240) 643-4067 blake@onestreet.one Samson Properties License #SP98378129

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,890

Year Built

  • Built in 2015

Lot Details

  • 1,190 Sq Ft Lot

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Side-by-Side
  • Slab Foundation
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Brown Station Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 160903597564

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility, snow removal, trash
  • Watkins Mill Town Center HOA
  • Parklands At Watkins Mill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,890

Year Built

Built in 2015

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-05-04
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2660
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 281.25
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Unfinished Sq Ft: 420
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • 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
  • Garage Features: Inside Access, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 92.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Jog/Walk Path, Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Name: WATKINS MILL TOWN CENTER HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BROWN STATION
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 365600.00
  • Land Assessed Value: 200000.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1190.00
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14107254
  • Tax Annual Amount: 6890.00
  • Assessor Parcel Number: 160903597564
  • Tax Lot: 32
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 1, 2022
Sold by
Yu Fung Chien
Bought by
Lee-Wharton In Ah and Wharton Evan Lyle
Seller's Agent
Howard Wang
Howard Wang Realty
Buyer's Agent
Blake Hering
Samson Properties
List Price
$649,999
Sold Price
$635,000
Premium/Discount to List
-$14,999
-2.31%
Current Estimated Value
$692,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,609
Avg. Annual Appreciation
3.45%
Original Mortgage
$207,870
Outstanding Balance
$198,003
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$512,663

Purchase Details

Closed on
Jul 28, 2015
Sold by
Mtg Acquisition Llc
Bought by
Fung Chien Yu and Hsieh Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.08%
Mortgage Type
New Conventional
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
Lee-Wharton In Ah $635,000 North American Title
Lee-Wharton In Ah $635,000 North American Title
Fung Chien Yu $561,235 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee-Wharton In Ah $207,870
Closed Lee-Wharton In Ah $207,870
Previous Owner Fung Chien Yu $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $635,000 +0.8% $283 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $630,000 -3.1% $281 / Sq Ft
05/04/2022 05/04/22 For Sale $649,999 -- $290 / 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 $7,858 $605,533 -- --
2024 $7,858 $585,567 $0 $0
2023 $7,553 $565,600 $200,000 $365,600
2022 $7,113 $545,667 $0 $0
2021 $6,198 $525,733 $0 $0
2020 $5,915 $505,800 $200,000 $305,800
2019 $5,903 $505,800 $200,000 $305,800
2018 $5,923 $505,800 $200,000 $305,800
2017 $6,930 $514,800 $0 $0
2016 -- $514,800 $0 $0
2015 $1,559 $100,000 $0 $0
2014 $1,559 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Howard Wang

    Seller's Agent in 2022

    Howard Wang

    Howard Wang Realty

    (240) 258-8738

    1 in this area

    29 Total Sales

    Howard Wang
    Section Image
  • Blake Hering

    Buyer's Agent in 2022

    Blake Hering

    Samson Properties

    (240) 643-4067

    4 in this area

    134 Total Sales

    Blake Hering
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2048518

Bright MLS

APN: 09-03597564

Maryland Montgomery County Gaithersburg 20878

318 Community Center Ave, Gaithersburg, MD

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