NOT LISTED FOR SALE

40 Michael Ct Gaithersburg, MD 20877

Estimated Value: $256,000 - $310,000

3 Beds
2.5 Baths
1,365 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $219,000 $160 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,068/month

Highlights

  • Contemporary Architecture
  • Attic
  • Bathtub with Shower
  • Wood Flooring
  • Upgraded Countertops
  • Patio

About This Home

As of February 2021

Welcome to this handsome end-unit townhouse in the heart of Gaithersburg featuring hardwood floors, new carpet, new paint, and beautiful stone countertops in the primary bathroom. The private, no-maintenance patio will is perfect for grilling and gathering. Updated bathrooms. Plenty of storage, including a shed outside. Excellent location! Walk to two train stations (Washington Grove and Gaithersburg). The schools are very close by, and shopping, dining, parks, and houses of worship are within walking distance. This is an excellent first house for someone who enjoys walkable conveniences and easy transportation options. Conventional loans with 3% down are possible. Welcome!

Last Agent to Sell the Property

Phil Bolin

(703) 371-6454 phil@philbolin.com RE/MAX Allegiance License #592181 Listed on: 11/18/2020

RE/MAX Allegiance

Last Buyer's Agent

Trixi Summers

(301) 704-7944 trixisummers@gmail.com Nitro Realty

Nitro Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1973

Lot Details

  • Back Yard Fenced
  • Property is in average condition

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 1,365 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Combination Dining and Living Room
  • Attic

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Patio
  • Shed

Schools

  • Washington Grove Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160901616587

Community Details

Overview

  • Association fees include trash, snow removal, insurance
  • Newport Estates Section I Condos, Phone Number (301) 924-4050
  • Newport Estates Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,184

Year Built

Built in 1973

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this handsome end-unit townhouse in the heart of Gaithersburg featuring hardwood floors, new carpet, new paint, and beautiful stone countertops in the primary bathroom. The private, no-maintenance patio will is perfect for grilling and gathering. Updated bathrooms. Plenty of storage, including a shed outside. Excellent location! Walk to two train stations (Washington Grove and Gaithersburg). The schools are very close by, and shopping, dining, parks, and houses of worship are within walking distance. This is an excellent first house for someone who enjoys walkable conveniences and easy transportation options. Conventional loans with 3% down are possible. Welcome!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Washer/Dryer Stacked, Water Heater, Oven/Range - Electric, Range Hood, Refrigerator
  • Flooring Type: Hardwood, Ceramic Tile, Carpet
  • Interior Amenities: Attic, Carpet, Combination Dining/Living, Upgraded Countertops, Tub Shower, Wood Floors
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1365
  • Living Area Sq Ft: 1365
  • Price Per Sq Ft: 160.44
  • Above Grade Finished Sq Ft: 1365
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 40

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
  • Other Structures List: Shed
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 311.61
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Newport Estates Section I
  • Condo Co-Op Phone: 301-924-4050
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WASHINGTON GROVE
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: WASHINGTON GROVE
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Average
  • Year Assessed: 2020
  • Zoning: RPT
  • In City Limits: Yes

Rental Info

  • Lease Considered: Yes
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13948907
  • Tax Annual Amount: 2184.00
  • Assessor Parcel Number: 160901616587
  • Tax Total Finished Sq Ft: 1365
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 02/26/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 24, 2021
Sold by
Hernandez Demetrius
Bought by
Pineda Ramos Rosemberg C
Seller's Agent
Phil Bolin
RE/MAX Allegiance
Buyer's Agent
Trixi Summers
Nitro Realty
List Price
$229,000
Sold Price
$219,000
Premium/Discount to List
-$10,000
-4.37%
Current Estimated Value
$288,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,449
Avg. Annual Appreciation
6.09%
Original Mortgage
$208,050
Outstanding Balance
$186,817
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$101,632

Purchase Details

Closed on
Aug 31, 2009
Sold by
Moreno Alirlo
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 7, 2005
Sold by
Campos Humberto R
Bought by
Moreno Alirlo
Source: Public Records

Range of Values:

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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
Pineda Ramos Rosemberg C $219,000 Courtesy Title & Escrow Corp
Hsbc Bank Usa National Association $91,000 --
Moreno Alirlo $273,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pineda Ramos Rosemberg C $208,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $219,000 0.0% $160 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $219,000 -4.4% $160 / Sq Ft
01/07/2021 01/07/21 For Sale $229,000 0.0% $168 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $229,000 -4.2% $168 / Sq Ft
11/18/2020 11/18/20 For Sale $239,000 -- $175 / 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 $2,777 $208,333 -- --
2024 $2,777 $186,667 $0 $0
2023 $3,165 $165,000 $49,500 $115,500
2022 $1,673 $160,000 $0 $0
2021 $1,617 $155,000 $0 $0
2020 $3,039 $150,000 $45,000 $105,000
2019 $2,986 $150,000 $45,000 $105,000
2018 $1,886 $150,000 $45,000 $105,000
2017 $1,524 $150,000 $0 $0
2016 $1,572 $146,667 $0 $0
2015 $1,572 $143,333 $0 $0
2014 $1,572 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC735758

Bright MLS

APN: 09-01616587