NOT LISTED FOR SALE

374 Urban Ave Gaithersburg, MD 20878

Estimated Value: $570,000 - $655,745

3 Beds
3 Baths
2,915 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $438,000 $150 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,088/month

15 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Lakelands Park Middle School Rated A
  • Open Floorplan
  • Clubhouse

About This Home

As of July 2019

Outstanding 3 level TH-style condominium w/ built-in 1 car garage! Main level is brimming with natural light - enormous LR/DR combination, separate dining area, eat-in kitchen features island, SS appliances, granite counters, table space, and balcony access. Top level has beautiful cherry wood floors throughout. The master suite is equipped with 2 walk-in closets & ensuite full bath with soaking tub, dual vanities, separate shower, and W/C. The community features a sparkling outdoor pool, tennis courts, tot-lot, and clubhouse with fitness center. Located in the Watkins Mill Town Center development, this condo is just steps away from RIO Washingtonian Center & Downtown Crown, which is home to a plethora of outstanding restaurants and shopping opportunities!

Last Agent to Sell the Property

Lan Yin

LuxManor Real Estate, Inc License #MD533602 Listed on: 06/05/2019

Last Buyer's Agent

James Gregory

Washington Fine Properties, LLC License #637670

Washington Fine Properties, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 2012

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,915 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

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

Additional Features

  • Balcony
  • Property is in very good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160903706202

Community Details

Overview

  • Association fees include exterior building maintenance, pool(s), snow removal, trash, management
  • Parklands At Watkins Mill Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,298

Year Built

Built in 2012

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2012
  • Remarks Public: Outstanding 3 level TH-style condominium w/ built-in 1 car garage! Main level is brimming with natural light - enormous LR/DR combination, separate dining area, eat-in kitchen features island, SS appliances, granite counters, table space, and balcony access. Top level has beautiful cherry wood floors throughout. The master suite is equipped with 2 walk-in closets & ensuite full bath with soaking tub, dual vanities, separate shower, and W/C. The community features a sparkling outdoor pool, tennis courts, tot-lot, and clubhouse with fitness center. Located in the Watkins Mill Town Center development, this condo is just steps away from RIO Washingtonian Center & Downtown Crown, which is home to a plethora of outstanding restaurants and shopping opportunities!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Single, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Attic, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor
  • Total Sq Ft: 2915
  • Living Area Sq Ft: 2915
  • Price Per Sq Ft: 149.23
  • Above Grade Finished Sq Ft: 2915
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 374

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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: Built In, Garage - Rear Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 280.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Fitness Center
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Snow Removal, Trash, Management
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14117980
  • Tax Annual Amount: 5297.71
  • Assessor Parcel Number: 160903706202
  • Tax Year: 2018
  • Close Date: 07/16/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 16, 2019
Sold by
Wu Shouyi and Chen Jingjing
Bought by
Zhang Edward A and Tang Yu Chien
Seller's Agent
Lan Yin
LuxManor Real Estate, Inc
Buyer's Agent
James Gregory
Washington Fine Properties, LLC
List Price
$435,000
Sold Price
$438,000
Premium/Discount to List
$3,000
0.69%
Current Estimated Value
$607,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,436
Avg. Annual Appreciation
5.21%
Original Mortgage
$350,400
Interest Rate
3.82%
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
Zhang Edward A $438,000 Pinnacle Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Edward A $340,000
Closed Zhang Edward A $350,400
Previous Owner Chen Jingjing $332,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $438,000 +0.7% $150 / Sq Ft
06/24/2019 06/24/19 For Sale $435,000 0.0% $149 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $435,000 0.0% $149 / Sq Ft
12/01/2017 12/01/17 Rented $2,150 0.0% --
11/02/2017 11/02/17 Under Contract -- -- --
10/09/2017 10/09/17 For Rent $2,150 -- --
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 $5,972 $463,333 -- --
2024 $5,972 $441,667 $0 $0
2023 $4,961 $420,000 $126,000 $294,000
2022 $4,782 $416,667 $0 $0
2021 $4,762 $413,333 $0 $0
2020 $4,692 $410,000 $123,000 $287,000
2019 $2,642 $403,333 $0 $0
2018 $5,213 $396,667 $0 $0
2017 $5,193 $390,000 $0 $0
2016 -- $383,333 $0 $0
2015 -- $376,667 $0 $0
2014 -- $370,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lan Yin

    Seller's Agent in 2019

    Lan Yin

    LuxManor Real Estate, Inc

    (202) 210-2560

    1 in this area

    165 Total Sales

    Lan Yin
    Section Image
  • James Gregory

    Buyer's Agent in 2019

    James Gregory

    Washington Fine Properties, LLC

    (240) 447-7701

    169 Total Sales

    James Gregory
    Section Image

  • W

    Seller's Agent in 2017

    Wei Lin

    Libra Realty, LLC

    (443) 763-6963

    Wei Lin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC663106

Bright MLS

APN: 09-03706202

Maryland Montgomery County Gaithersburg 20878

374 Urban Ave, Gaithersburg, MD

This home is located at 374 Urban Ave, Gaithersburg, MD 20878 since 05 June 2019 and is currently estimated at $607,436, approximately $208 per square foot. This property was built in 2012. 374 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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