406 Lynette St Gaithersburg, MD 20878
Kentlands NeighborhoodEstimated Value: $791,000 - $850,000
Studio
4
Baths
1,904
Sq Ft
$429/Sq Ft
Est. Value
About This Home
This home is located at 406 Lynette St, Gaithersburg, MD 20878 and is currently estimated at $817,226, approximately $429 per square foot. 406 Lynette St is a home located in Montgomery County with nearby schools including Rachel Carson Elementary School, Lakelands Park Middle School, and Quince Orchard High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 29, 2005
Sold by
Kines John and Kines Christine
Bought by
Shatzman Eliot
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$260,587
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$556,639
Purchase Details
Closed on
Mar 4, 2004
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Kines John and Kines Christine
Purchase Details
Closed on
Sep 18, 2003
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Kines John and Kines Christine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shatzman Eliot | $664,466 | -- | |
| Shatzman Eliot | $664,466 | -- | |
| Kines John | $399,858 | -- | |
| Kines John | $399,858 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shatzman Eliot | $500,000 | |
| Closed | Shatzman Eliot | $31,572 | |
| Closed | Shatzman Eliot | $500,000 |
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 | $8,640 | $652,333 | -- | -- |
| 2024 | $8,640 | $643,167 | $0 | $0 |
| 2023 | $9,163 | $634,000 | $300,000 | $334,000 |
| 2022 | $7,432 | $623,400 | $0 | $0 |
| 2021 | $7,163 | $612,800 | $0 | $0 |
| 2020 | $7,163 | $602,200 | $300,000 | $302,200 |
| 2019 | $6,885 | $580,867 | $0 | $0 |
| 2018 | $6,636 | $559,533 | $0 | $0 |
| 2017 | $6,451 | $538,200 | $0 | $0 |
| 2016 | $6,520 | $529,200 | $0 | $0 |
| 2015 | $6,520 | $520,200 | $0 | $0 |
| 2014 | $6,520 | $511,200 | $0 | $0 |
Source: Public Records
Map
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