NOT LISTED FOR SALE

403 Christopher Ave Unit 13 Gaithersburg, MD 20879

Estimated Value: $214,000 - $263,000

2 Beds
2 Baths
1,164 Sq Ft
$431/ mo HOA Fee

Last Sold August 10, 2021

Last sale price $205,000 $176 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,906/month

54 Days on Market

Highlights

  • Community Pool
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Tennis Courts
  • Property is in very good condition

About This Home

As of August 2021

Welcome to this spacious 2 bed/ 2 bath condo Facing west and overlooking trees & nature. Unit features an owners suite with a full bathroom and walk-in closet and another spacious bedroom and bathroom in the hallway. Unit is Move in Ready and is Well Maintained but Property is sold As-Is, Sellers will make no repairs. Fee includes Basic cable TV/water! Not electrical There are many community amenities: an outdoor swimming pool, tennis courts, basketball courts, playground, common areas. Just Minutes from 270, grocery stores, and restaurants and Lake Forest Mall. Follow public health safety protocols issued by CDC, the State of Maryland, and the Maryland Association of Realtors (MAR). FOR ALL SHOWINGS - A) all persons must wear face masks at all times and B) all persons must practice social distancing.

Last Agent to Sell the Property

Celine Johnson

(301) 805-5200 info@hsres.com Homesource United Listed on: 03/10/2021

Homesource United

Last Buyer's Agent

Non Member Member

rosemary.que@mris.net Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1974

Lot Details

  • Property is in very good condition

HOA Fees

  • $431 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,164 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160901685756

Community Details

Overview

  • Association fees include trash, water, lawn maintenance, management, heat, air conditioning, exterior building maintenance, gas, insurance, sewer, snow removal, pool(s)
  • Low-Rise Condominium
  • Hyde Park Condos
  • Hyde Park Subdivision

Amenities

  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,738

Year Built

Built in 1974

Lot Details

2,309 Sq Ft Lot

HOA Fees

$431 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-10
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1164
  • Living Area Sq Ft: 1164
  • Price Per Sq Ft: 176.12
  • Above Grade Finished Sq Ft: 1164
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 431.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: HYDE PARK
  • HOA Condo Co-Op Amenities: Cable, Extra Storage, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash, Water, Lawn Maintenance, Management, Heat, Air Conditioning, Ext Bldg Maint, Gas, Insurance, Sewer, Snow Removal, Pool(s)
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Property Condition: Very Good
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13949958
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160901685756
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Aug 10, 2021
Sold by
Akolo Lawrence Otto and Mudambo Mildred O
Bought by
Ismail Emad M
Seller's Agent
Celine Johnson
Homesource United
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$244,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,728
Avg. Annual Appreciation
3.93%
Original Mortgage
$194,750
Outstanding Balance
$176,821
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,907

Purchase Details

Closed on
Mar 8, 2006
Sold by
Monk Larisa
Bought by
Akolo Lawrence Otto and Mudambo Mildred O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Monk Larisa
Bought by
Akolo Lawrence Otto and Mudambo Mildred O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2001
Sold by
Ragsdale Gordon M Et Al Tr
Bought by
Monk Larisa

Purchase Details

Closed on
Jun 18, 1996
Sold by
Ragsdale Gordon M and Ragsdale N
Bought by
Gordon M Ragsdale Et Al Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ismail Emad M $205,000 Grace Title Services Llc
Akolo Lawrence Otto $252,500 --
Akolo Lawrence Otto $252,500 --
Monk Larisa $75,000 --
Gordon M Ragsdale Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ismail Emad M $194,750
Previous Owner Akolo Lawrence Otto $202,000
Previous Owner Akolo Lawrence Otto $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $205,000 0.0% $176 / Sq Ft
03/10/2021 03/10/21 For Sale $205,000 -- $176 / Sq Ft
Source: Bright MLS

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 $2,417 $196,667 -- --
2024 $2,417 $178,333 $0 $0
2023 $2,860 $160,000 $48,000 $112,000
2022 $1,293 $150,000 $0 $0
2021 $1,174 $140,000 $0 $0
2020 $1,042 $130,000 $39,000 $91,000
2019 $1,047 $130,000 $39,000 $91,000
2018 $1,049 $130,000 $39,000 $91,000
2017 $1,196 $140,000 $0 $0
2016 -- $138,333 $0 $0
2015 $1,661 $136,667 $0 $0
2014 $1,661 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC746306

Bright MLS

APN: 09-01685756

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