NOT LISTED FOR SALE

406 Longdraft Rd Gaithersburg, MD 20878

Estimated Value: $542,000 - $684,000

3 Beds
2 Baths
1,598 Sq Ft
$398/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $415,000 $260 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,946/month

Highlights

  • Main Floor Bedroom
  • 1 Fireplace
  • No HOA
  • Lakelands Park Middle School Rated A
  • Combination Kitchen and Living
  • Breakfast Room

About This Home

As of January 2018

Nice home for a new family; main level living with large open basement with full bath. Large backyard with lot of trees for privacy. Located near Kentlands, 270, lake and Seneca Creek State Park. New roof, carpet and kitchen tile in 2017. New HVAC in 2014. Vaulted ceilings in master bath, family room and dining room. Tray ceiling in master bedroom. Call or text for Appointments

Last Agent to Rent the Property

mihir mehta

(240) 425-7057 mdamehta@gmail.com UnionPlus Realty, Inc. License #MRIS:3111082 Listed on: 10/28/2017

Last Renter's Agent

Karla Rodriguez

(240) 421-4048 karla@monarchdmv.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,899

Year Built

  • Built in 1998

Lot Details

  • 0.3

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Breakfast Room
  • Dining Room
  • Finished Basement
  • Front Basement Entry

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • High-Efficiency Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • Property is zoned R90

Community Details

  • No Home Owners Association
  • Gaithersburg Town Community
  • Gaithersburg Town Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,300
  • Tenant pays for all utilities, trash removal, fireplace/flue cleaning, frozen waterpipe damage, HVAC maintenance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, exterior maintenance, minor interior maintenance
  • Rent includes lawn service
  • No Smoking Allowed
  • 1-Month Min and 60-Month Max Lease Term
  • Available 10/29/17
  • $100 Application Fee
  • Assessor Parcel Number 160903134794

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,899

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2017-10-29
  • Application Fee: 100.00
  • Lease Term: Other
  • Pets Allowed: No
  • Rent Includes: Lawn Service
  • Security Deposit: 2300.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Trash Removal, Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Hvac Maintenance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Exterior Maintenance, Minor Interior Maintenance
  • Vacation Rental: No
  • Max Lease in Months: 60
  • Min Lease in Months: 1

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Accessibility Features: 32"+ Wide Doors
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1998
  • Remarks Public: Nice home for a new family; main level living with large open basement with full bath. Large backyard with lot of trees for privacy. Located near Kentlands, 270, lake and Seneca Creek State Park. New roof, carpet and kitchen tile in 2017. New HVAC in 2014. Vaulted ceilings in master bath, family room and dining room. Tray ceiling in master bedroom. Call or text for Appointments
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Energy Star Refrigerator, Oven/Range - Electric, Washer, Water Heater - High-Efficiency
  • Interior Amenities: Combination Kitchen/Living, Family Room Off Kitchen, Kitchen - Eat-In, Entry Level Bedroom, Primary Bath(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Basement
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Breakfast Room
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 406

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BROWN STATION
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: BROWN STATION
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Green Verification: No

Lot Info

  • Property Attached Yn: No
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 14070227
  • Assessor Parcel Number: 160903134794
  • Tax Total Finished Sq Ft: 1598
  • Close Date: 01/20/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2017
Closed on
Oct 20, 2017
Sold by
Schneider James
Bought by
Mehta Mihir and Mehta Ajit
Seller's Agent
James Schneider
The Real Estate Authority
Buyer's Agent
mihir mehta
UnionPlus Realty, Inc.
List Price
$459,000
Sold Price
$415,000
Premium/Discount to List
-$44,000
-9.59%
Current Estimated Value
$635,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,736
Avg. Annual Appreciation
5.51%
Original Mortgage
$311,250
Outstanding Balance
$261,774
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$373,962

Purchase Details

Closed on
May 6, 1998
Sold by
Allwin Of Longdraft Oaks Llc
Bought by
Schneider James
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
Mehta Mihir $415,000 None Available
Schneider James $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehta Mihir $311,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2018 01/20/18 Rented $2,300 0.0% --
12/26/2017 12/26/17 Under Contract -- -- --
10/28/2017 10/28/17 For Rent $2,300 0.0% --
10/20/2017 10/20/17 Sold $415,000 -3.3% $260 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $429,000 -6.5% $268 / Sq Ft
08/03/2017 08/03/17 For Sale $459,000 +10.6% $287 / Sq Ft
07/14/2017 07/14/17 Off Market $415,000 -- --
06/16/2017 06/16/17 For Sale $459,000 -- $287 / 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 $6,899 $532,800 -- --
2024 $6,899 $499,500 $0 $0
2023 $6,426 $466,200 $162,800 $303,400
2022 $6,036 $447,400 $0 $0
2021 $5,828 $428,600 $0 $0
2020 $5,828 $409,800 $162,800 $247,000
2019 $5,644 $396,500 $0 $0
2018 $5,471 $383,200 $0 $0
2017 $4,656 $369,900 $0 $0
2016 -- $362,300 $0 $0
2015 $4,455 $354,700 $0 $0
2014 $4,455 $347,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003868197

Bright MLS

APN: 09-03134794