NOT LISTED FOR SALE

340 Urban Ave Gaithersburg, MD 20878

Estimated Value: $489,000 - $574,000

3 Beds
2.5 Baths
1,650 Sq Ft
$324/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $354,990 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,549/month

10 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Clubhouse
  • Lakelands Park Middle School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of November 2012

JUST LISTED. Ryan Homes Matisse Townhome/Condominium Floorplan Ready For IMMEDIATE DELIVERY. 1,650 Finished Square Feet with 3 Bedrooms, 2.5 Baths, Plus One Car Attached Garage. MANY UPGRADES! $5,000 Closing Help with the use of NVR Mortgage. Visit Model Homes Today!!!

Last Agent to Sell the Property

Carolyn Scuderi McCarthy

Jason Mitchell Group License #ABR00408 Listed on: 09/14/2012

Last Buyer's Agent

Carolyn Scuderi McCarthy

Jason Mitchell Group License #ABR00408 Listed on: 09/14/2012

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Rubber Roof
  • Brick Front
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,650 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 60 Gallon+ Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8008 C
  • Assessor Parcel Number 88888888

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, pool(s), reserve funds, snow removal, trash
  • Built by RYAN HOMES
  • Parklands At Watkins Mill Subdivision, Matisse Floorplan
  • Parklands Community
  • The community has rules related to alterations or architectural changes

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

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

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,692

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$189 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • Historic: No
  • 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: 2012
  • Remarks Public: JUST LISTED. Ryan Homes Matisse Townhome/Condominium Floorplan Ready For IMMEDIATE DELIVERY. 1,650 Finished Square Feet with 3 Bedrooms, 2.5 Baths, Plus One Car Attached Garage. MANY UPGRADES! $5,000 Closing Help with the use of NVR Mortgage. Visit Model Homes Today!!!
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Crown Moldings, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Low-E, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Insulated
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Townhouse
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1650
  • Living Area Sq Ft: 1650
  • Price Per Sq Ft: 221.21
  • Above Grade Finished Sq Ft: 1650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

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: Brick Front, Fiber Cement, Synthetic Stucco
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • 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
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: Sprinkler System - Indoor, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 189.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Exercise Room, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Community Center
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes
  • HOA: Yes

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROWN STATION
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: BROWN STATION
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Lot Info

  • Property Condition: Very Good

Building Info

  • Builder Name: RYAN HOMES

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Fully Separate

Tax Info

  • Tax Annual Amount: 4692.00
  • Assessor Parcel Number: 88888888
  • Tax Lot: 8008 C
  • Tax Year: 2012
  • Close Date: 11/16/2012

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Nov 16, 2012
Sold by
Mtg Acquisition Llc
Bought by
Sun Zheng and Zhang Jin Bin
Seller's Agent
Carolyn Scuderi McCarthy
Jason Mitchell Group
Buyer's Agent
Carolyn Scuderi McCarthy
Jason Mitchell Group
List Price
$364,990
Sold Price
$354,990
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$534,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,259
Avg. Annual Appreciation
3.36%
Original Mortgage
$266,240
Outstanding Balance
$185,377
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$356,045
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
Sun Zheng $354,990 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Zheng $266,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $354,990 -2.7% $215 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $364,990 -- $221 / 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 $5,386 $418,333 -- --
2024 $5,386 $396,667 $0 $0
2023 $5,070 $375,000 $112,500 $262,500
2022 $4,661 $370,000 $0 $0
2021 $4,842 $365,000 $0 $0
2020 $4,753 $360,000 $108,000 $252,000
2019 $4,693 $356,667 $0 $0
2018 $10,888 $353,333 $0 $0
2017 $4,536 $350,000 $0 $0
2016 -- $333,333 $0 $0
2015 -- $316,667 $0 $0
2014 -- $300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004163070

Bright MLS

APN: 09-03692902

Maryland Montgomery County Gaithersburg 20878

340 Urban Ave, Gaithersburg, MD

This home is located at 340 Urban Ave, Gaithersburg, MD 20878 since 14 September 2012 and is currently estimated at $534,249, approximately $323 per square foot. This property was built in 2012. 340 Urban Ave is a home located in Montgomery County with nearby schools including Brown Station Elementary School, Lakelands Park Middle School, and Quince Orchard High School.

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