NOT LISTED FOR SALE

3841 Gateway Terrace Burtonsville, MD 20866

Estimated Value: $437,000 - $457,000

4 Beds
3.5 Baths
1,440 Sq Ft
$313/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $400,000 $278 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,877/month

Highlights

  • Traditional Architecture
  • Paint Branch High School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2021

Multiple offers received. Temp off market to sort through all the offers. This beautiful End Unit Townhouse is moments from Route 29 and minutes from I-95 and Inter-County connector (200). Home is spacious with plenty of natural light. Inviting French front doors welcome you home. The living room has a wood burning fireplace. The deck is off of the dining room and has plenty of room. Basement is completely finished with a wet bar in the rec room, full bath, and Bedroom.

Last Agent to Sell the Property

Judith Egbarin

(301) 385-4741 jegbarin@aol.com Blue Ribbon Realty License #BR98379030 Listed on: 05/27/2021

Last Buyer's Agent

Nigisty Eyassu

(202) 550-3035 eyassun@hotmail.com The Washington Realtors, LLC License #579750

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1983

HOA Fees

  • $156 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Natural lighting in basement

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Greencastle Manor 1 Condominiums HOA, Phone Number (301) 953-1955
  • Greencastle Mano Community
  • Greencastle Manor Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 160502107124

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,024

Year Built

Built in 1983

Lot Details

0

HOA Fees

$156 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-05-27
  • Year Built: 1983
  • Automatically Close On Close Date: No
  • Remarks Public: Multiple offers received. Temp off market to sort through all the offers. This beautiful End Unit Townhouse is moments from Route 29 and minutes from I-95 and Inter-County connector (200). Home is spacious with plenty of natural light. Inviting French front doors welcome you home. The living room has a wood burning fireplace. The deck is off of the dining room and has plenty of room. Basement is completely finished with a wet bar in the rec room, full bath, and Bedroom.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Daylight, Full, Fully Finished, Rear Entrance
  • Total Sq Ft: 1440
  • Living Area Sq Ft: 1440
  • Price Per Sq Ft: 277.78
  • Above Grade Finished Sq Ft: 1440
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3841

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, Off Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer

Condo/Co-op/Association

  • HOA Fees: 156.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: GREENCASTLE MANOR 1 CONDOMINIUMS
  • HOA Phone: (301)953-1955
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 175000.00
  • Land Assessed Value: 75000.00
  • Land Use Code: 011
  • Lot Size Units: Square Feet
  • Year Assessed: 2021
  • Zoning: R30
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13913076
  • Tax Annual Amount: 3024.00
  • Assessor Parcel Number: 160502107124
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 07/07/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 7, 2021
Sold by
Mboni Levi
Bought by
Dersso Hamid Tegegne and Badme Gete
Seller's Agent
Judith Egbarin
Blue Ribbon Realty
Buyer's Agent
Nigisty Eyassu
The Washington Realtors, LLC
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$450,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,560
Avg. Annual Appreciation
2.80%
Original Mortgage
$380,000
Outstanding Balance
$345,107
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$105,453

Purchase Details

Closed on
Mar 1, 2007
Sold by
Robinson Frederick M
Bought by
Mboni Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,900
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2007
Sold by
Robinson Frederick M
Bought by
Mboni Levi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,900
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
Robinson Frederick M
Bought by
Robinson Frederick M

Purchase Details

Closed on
Dec 27, 2005
Sold by
Robinson Frederick M
Bought by
Robinson Frederick M

Purchase Details

Closed on
Jun 8, 1999
Sold by
Spence Mary
Bought by
G E Capital Mortgage and Services Inc

Purchase Details

Closed on
May 26, 1994
Sold by
Taylor G
Bought by
Spence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage
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
Dersso Hamid Tegegne $400,000 Realty Title Services Inc
Mboni Levi $379,900 --
Mboni Levi $379,900 --
Robinson Frederick M -- --
Robinson Frederick M -- --
Robinson Frederick M -- --
Robinson Frederick M -- --
G E Capital Mortgage $144,000 --
Robinson Frederick M $137,000 --
Spence M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dersso Hamid Tegegne $380,000
Previous Owner Mboni Levi $379,900
Previous Owner Mboni Levi $379,900
Previous Owner Spence M $140,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $400,000 0.0% $278 / Sq Ft
06/03/2021 06/03/21 For Sale $400,000 0.0% $278 / Sq Ft
05/31/2021 05/31/21 Off Market $400,000 -- --
05/27/2021 05/27/21 For Sale $379,900 -- $264 / 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 $4,297 $385,000 $115,500 $269,500
2024 $4,297 $340,000 $0 $0
2023 $2,836 $295,000 $0 $0
2022 $2,418 $250,000 $75,000 $175,000
2021 $1,530 $250,000 $75,000 $175,000
2020 $3,038 $250,000 $75,000 $175,000
2019 $3,025 $250,000 $72,000 $178,000
2018 $2,948 $243,333 $0 $0
2017 $2,208 $236,667 $0 $0
2016 $2,251 $230,000 $0 $0
2015 $2,251 $230,000 $0 $0
2014 $2,251 $230,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC760270

Bright MLS

APN: 05-02107124