NOT LISTED FOR SALE

364 Urban Ave Gaithersburg, MD 20878

Estimated Value: $489,000 - $519,352

3 Beds
2.5 Baths
1,868 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $425,000 $228 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,454/month

5 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Transitional Architecture
  • Lakelands Park Middle School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2021

Easy, luxurious living in an UNBEATABLE LOCATION! Designed for modern living, this Matisse Model condo-style townhome offers the perfect combination of easy maintenance, location to commuter routes and shopping centers, and wonderful community amenities. Perfectly situated with an unobstructed and coveted southern exposure, this highly desirable unit offers 1,868 SF of open living space and tasteful finishes. The airy Main Level combines the Gourmet Kitchen, Living Room, and Dining Area. Gleaming hardwood floors flow throughout the large Main Level and the large windows fill the space with natural light. A Powder Room and access to the attached 1-car Garage is on this level. There are 3 Bedrooms and 2 Full Baths on the Upper Level, including a gorgeous Primary Bedroom with an En-Suite Bath and 2 Walk-in Closets. Two additional Bedrooms, one with a Balcony, a second Full Bath, and laundry room complete the Upper Level.
Located in the City of Gaithersburg, The Parklands is a pedestrian-oriented community with bountiful Amenities including an inviting pool, 3 tot lots, tennis court, club house, fitness center and meeting room. It is walkable to the MARC train, minutes to Downtown Crown and the Kentlands, and provides easy access to major commuter routes. The Shops @Spectrum Center is just a short walk away and the drive time to the Shady Grove Metro is around 5 minutes! The future Urban Center will bring retail shops & restaurants to The Parklands. A peaceful haven tucked away for privacy but still conveniently located near it all, living at the Parklands gives you the best of everything!

Last Agent to Sell the Property

Lynne Tucker

Compass License #621843 Listed on: 09/10/2021

Compass

Last Buyer's Agent

Robert Dinh

RE/MAX Realty Centre, Inc. License #621856

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 2012

HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 1 Driveway Space
  • Rear-Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Wood Flooring
  • Laundry on upper level

Kitchen

  • Gourmet Kitchen
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number 160903706155

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), recreation facility, reserve funds, snow removal, trash
  • Watkins Mill Town Center HOA
  • Parklands At Watkins Mill Town Center Condos
  • Built by Ryan Homes
  • Parklands At Watkins Mill Subdivision, Matisse Floorplan

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

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

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,692

Year Built

Built in 2012

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-09-11
  • Year Built: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Easy, luxurious living in an UNBEATABLE LOCATION! Designed for modern living, this Matisse Model condo-style townhome offers the perfect combination of easy maintenance, location to commuter routes and shopping centers, and wonderful community amenities. Perfectly situated with an unobstructed and coveted southern exposure, this highly desirable unit offers 1,868 SF of open living space and tasteful finishes. The airy Main Level combines the Gourmet Kitchen, Living Room, and Dining Area. Gleaming hardwood floors flow throughout the large Main Level and the large windows fill the space with natural light. A Powder Room and access to the attached 1-car Garage is on this level. There are 3 Bedrooms and 2 Full Baths on the Upper Level, including a gorgeous Primary Bedroom with an En-Suite Bath and 2 Walk-in Closets. Two additional Bedrooms, one with a Balcony, a second Full Bath, and laundry room complete the Upper Level. Located in the City of Gaithersburg, The Parklands is a pedestrian-oriented community with bountiful Amenities including an inviting pool, 3 tot lots, tennis court, club house, fitness center and meeting room. It is walkable to the MARC train, minutes to Downtown Crown and the Kentlands, and provides easy access to major commuter routes. The Shops @Spectrum Center is just a short walk away and the drive time to the Shady Grove Metro is around 5 minutes! The future Urban Center will bring retail shops & restaurants to The Parklands. A peaceful haven tucked away for privacy but still conveniently located near it all, living at the Parklands gives you the best of everything!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Sprinkler System, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2093
  • Living Area Sq Ft: 1868
  • Price Per Sq Ft: 227.52
  • Above Grade Finished Sq Ft: 1868
  • Above Grade Unfinished Sq Ft: 225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 364

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 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: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 1

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 92.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 168.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Parklands at Watkins Mill Town Center
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Community Center, Exercise Room, Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Name: WATKINS MILL TOWN CENTER HOA
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROWN STATION
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • 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: 262500.00
  • Land Assessed Value: 112500.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2021
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: Ryan Homes

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14118400
  • Tax Annual Amount: 4692.00
  • Assessor Parcel Number: 160903706155
  • Tax Total Finished Sq Ft: 1868
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 10/15/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Hannan Ali
Bought by
Hannan Ali and Hannan Walid Khater
Current Estimated Value
$503,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,840
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Guthrie Tiffany Sutton
Bought by
Ali Hannan
Seller's Agent
Lynne Tucker
Compass
Buyer's Agent
Robert Dinh
RE/MAX Realty Centre, Inc.
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$434,775
Interest Rate
3.01%
Mortgage Type
VA

Purchase Details

Listed on
May 12, 2019
Closed on
Jun 25, 2019
Sold by
Greathouse Stephen M and Greathouse Kristen Leigh
Bought by
Sutton Guthrie Tiffany
Seller's Agent
Lalea Swann
EXP Realty, LLC
Buyer's Agent
Patrick Rutledge
EXP Realty, LLC
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$374,035
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2012
Sold by
Mtg Acquistion Llc
Bought by
Greathouse Stephen M and Greathouse Kristen Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,280
Interest Rate
3.62%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Hannan Ali -- Eastern Title
Ali Hannan $425,000 Eastern Title And Settlement
Sutton Guthrie Tiffany $395,000 Universal Title
Greathouse Stephen M $358,280 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannan Ali $515,715
Closed Hannan Ali $495,840
Previous Owner Ali Hannan $434,775
Previous Owner Sutton Guthrie Tiffany $374,035
Previous Owner Greathouse Stephen M $358,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $425,000 0.0% $228 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $425,000 +7.6% $228 / Sq Ft
06/25/2019 06/25/19 Sold $395,000 0.0% $211 / Sq Ft
06/13/2019 06/13/19 Price Changed $395,000 +2.6% $211 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $385,000 -2.5% $206 / Sq Ft
05/12/2019 05/12/19 For Sale $395,000 0.0% $211 / Sq Ft
04/21/2018 04/21/18 Rented $2,400 +4.3% --
04/02/2018 04/02/18 Under Contract -- -- --
02/27/2018 02/27/18 For Rent $2,300 -- --
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 $5,762 $375,000 $112,500 $262,500
2022 $4,194 $370,000 $0 $0
2021 $4,151 $365,000 $0 $0
2020 $4,061 $360,000 $108,000 $252,000
2019 $4,693 $356,667 $0 $0
2018 $4,661 $353,333 $0 $0
2017 $3,844 $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: MDMC2013250

Bright MLS

APN: 09-03706155