NOT LISTED FOR SALE

406 Girard St Unit 28 Gaithersburg, MD 20877

Estimated Value: $167,000 - $192,000

2 Beds
1 Bath
883 Sq Ft
$545/mo HOA Fee

Last Sold August 31, 2021

Last sale price $140,000 $159 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,606/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Move-in ready completely renovated just for you! This 2 bedroom 1 bathroom cozy condo features: Gorgeous flooring, up to date stainless steel appliances complimented by granite countertops. Enjoy the private patio backing up to the lovely view if the neighborhood. Washer and dryer conveniently located within the unit. Within close proximity to shopping centers, major roads and i-270! Call us to make this your home today!

Last Agent to Sell the Property

Alex Martinez

(240) 258-2668 listings@tccre.org The Agency DC License #BR98379367 Listed on: 07/12/2021

The Agency DC

Co-Listed By

Walter Alexander

(240) 413-4414 Walter.Ayala@theagencyre.com The Agency DC License #662184

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $984

Year Built

  • Built in 1975

Lot Details

  • 44

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 883 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160901694226

Community Details

Overview

  • Association fees include water, sewer, heat, electricity
  • Low-Rise Condominium
  • Villa Ridge Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$984

Year Built

Built in 1975

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 883
  • Living Area Sq Ft: 883
  • Price Per Sq Ft: 164.21
  • Above Grade Finished Sq Ft: 883
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 545.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Heat, Electricity
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 77000.00
  • Land Assessed Value: 33000.00
  • Zoning: R18
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13950109
  • Tax Annual Amount: 984.00
  • Assessor Parcel Number: 160901694226
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 31, 2021
Sold by
Vargas Marisol
Bought by
Martinez Alejandro Luis
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$176,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,250
Avg. Annual Appreciation
5.55%
Original Mortgage
$105,000
Outstanding Balance
$95,400
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$80,850

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 31, 2019
Sold by
Malek Anthony
Bought by
Vargas Marisol
Seller's Agent
Shereen Malek
Fairfax Realty Premier
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$109,000
Sold Price
$115,000
Premium/Discount to List
$6,000
5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$108,007
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2017
Sold by
Ward Carrie M and Bierman Howard N
Bought by
Malek Anthony

Purchase Details

Closed on
Jan 24, 2007
Sold by
Moore Joanna P
Bought by
Lipscomb Degairae L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2007
Sold by
Moore Joanna P
Bought by
Lipscomb Degairae L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Martinez Alejandro Luis $140,000 Covenant Title & Escrow Llc
Vargas Marisol $115,000 Integra Title & Escrow Inc
Malek Anthony $61,000 Capitol Title Ins Agency Inc
Lipscomb Degairae L $169,900 --
Lipscomb Degairae L $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alejandro Luis $105,000
Previous Owner Vargas Marisol $108,007
Previous Owner Lipscomb Degairae L $169,900
Previous Owner Lipscomb Degairae L $169,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $140,000 -3.4% $159 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $145,000 +26.1% $164 / Sq Ft
01/31/2019 01/31/19 Sold $115,000 +5.5% $130 / Sq Ft View Prior Sale
01/11/2019 01/11/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $109,000 -- $123 / 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 $1,598 $120,000 -- --
2024 $1,598 $115,000 $0 $0
2023 $2,218 $110,000 $33,000 $77,000
2022 $626 $96,667 $0 $0
2021 $462 $83,333 $0 $0
2020 $721 $70,000 $21,000 $49,000
2019 $721 $70,000 $21,000 $49,000
2018 $891 $70,000 $21,000 $49,000
2017 $350 $70,000 $0 $0
2016 $664 $70,000 $0 $0
2015 $664 $70,000 $0 $0
2014 $664 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Martinez

    Seller's Agent in 2021

    Alex Martinez

    The Agency DC

    (240) 258-2668

    36 in this area

    1,032 Total Sales

    Alex Martinez
    Section Image
  • Walter Alexander

    Seller Co-Listing Agent in 2021

    Walter Alexander

    The Agency DC

    (240) 413-4414

    8 in this area

    98 Total Sales

    Walter Alexander
    Section Image
  • Shereen Malek

    Seller's Agent in 2019

    Shereen Malek

    Fairfax Realty Premier

    (424) 271-2517

    13 Total Sales

    Shereen Malek
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2005220

Bright MLS

APN: 09-01694226

Maryland Montgomery County Gaithersburg 20877

406 Girard St Unit 28, Gaithersburg, MD

Not Listed for Sale

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