NOT LISTED FOR SALE

407 Christopher Ave Unit T-2 Gaithersburg, MD 20879

Estimated Value: $250,000 - $271,000

2 Beds
2 Baths
1,156 Sq Ft
2,309 Sq Ft Lot Lot

Sale Details

Date Sold: October 15, 2021

Last sale price $220,000 $190 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,033 / mo

4 Days on Market

Highlights

  • Colonial Architecture
  • Tennis Courts
  • Stainless Steel Appliances
  • Community Pool
  • Breakfast Area or Nook
  • Galley Kitchen

About This Home

As of October 2021

Welcome to this spacious patio level condo that was fully renovated in 2019 featuring 2 spacious bedrooms, 2 full baths, a galley kitchen with newer cabinets, custom industrial pipe shelving, granite counters, undermount sink, stainless steel appliances, separate dining area with chandelier, open living room with a large glass sliding doors leading out to the covered patio, owner’s bedroom suite features an updated full bathroom and walk-in closet, laminate flooring throughout, WIFI thermostat with intelligent temperature control, newer light fixtures and motion sensor lighting, newer HVAC system and water heater still under warranty, All-in-One Front Load Washer and Electric Ventless Dryer Combo, Fingerprint Enabled Touchscreen Smart Lock Main Entry Door Handle, Keyless patio door entry, Amway water filter under the kitchen sink. Convenient access to the trash and storage room located in the building, plenty of free unassigned parking. Condo fee includes: Basic Cable, Water, Trash, Snow removal, Amenities includes Community pool, playgrounds and tennis court. Pet Friendly community. Cable modem and WIFI router included. Great location, close to schools, commerce, public transportation and major roadways.

Last Agent to Sell the Property

Timon Mitrakas

info@platinumreo.net Bang Realty License #0225179780 Listed on: 09/10/2021

Last Buyer's Agent

Alex Martinez

(202) 888-1127 alex@theagencydc.com The Agency DC License #BR98379367

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1974

Lot Details

  • 2,309

HOA Fees

  • $416 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Frame Construction

Interior Spaces

  • 1,156 Sq Ft Home
  • Property has 1 Level
  • Recessed Lighting
  • Dining Area
  • Front Loading Washer

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 160901685995

Community Details

Overview

  • Association fees include cable TV, common area maintenance, lawn maintenance, pool(s), snow removal, trash, water
  • Low-Rise Community
  • Comsource Condos, Phone Number (301) 924-7355
  • Hyde Park Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • No 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

$416 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Efficient Appliances, Exhaust Fan, Stainless Steel Appliances, Washer - Front Loading, Water Heater - High-Efficiency
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Galley, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1156
  • Living Area Sq Ft: 1156
  • Price Per Sq Ft: 194.64
  • Above Grade Finished Sq Ft: 1156
  • 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: Frame
  • 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: 416.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Comsource
  • Condo Co-Op Phone: 301-924-7355
  • HOA Condo Co-Op Amenities: Common Grounds, Tennis Courts, Tot Lots/Playground, Pool - Outdoor, Extra Storage
  • HOA Condo Co-Op Fee Includes: Cable Tv, Common Area Maintenance, Lawn Maintenance, Pool(s), Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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
  • Outdoor Living Structures: Patio(s)
  • Zoning: R18
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13949982
  • Tax Annual Amount: 1738.00
  • Assessor Parcel Number: 160901685995
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Bought by
Seller's Agent
Timon Mitrakas
Bang Realty
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$258,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,721
Avg. Annual Appreciation
3.52%
Original Mortgage
$216,015
Outstanding Balance
$196,986
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$61,735

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 23, 2018
Sold by
Bought by
Seller's Agent
John Radcliffe
Weichert, REALTORS
Buyer's Agent
Timon Mitrakas
Bang Realty
List Price
$124,800
Sold Price
$145,678
Premium/Discount to List
$20,878
16.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$98,258
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Covenant Title & Escrow Llc
$145,678 None Available
$144,000 None Available
$149,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $216,015
Previous Owner $98,258
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $220,000 -2.2% $190 / Sq Ft
09/10/2021 09/10/21 For Sale $225,000 +54.5% $195 / Sq Ft
11/30/2018 11/30/18 Sold $145,678 +16.7% $126 / Sq Ft View Prior Sale
09/19/2018 09/19/18 For Sale $124,800 -- $108 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,665 $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 $1,150 $130,000 $39,000 $91,000
2019 $1,047 $130,000 $39,000 $91,000
2018 $1,655 $130,000 $39,000 $91,000
2017 $1,888 $140,000 $0 $0
2016 -- $138,333 $0 $0
2015 $1,431 $136,667 $0 $0
2014 $1,431 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timon Mitrakas

    Seller's Agent in 2021

    Timon Mitrakas

    Bang Realty

    (301) 528-8835

    1 in this area

    14 Total Sales

    Timon Mitrakas
    Section Image
  • Alex Martinez

    Buyer's Agent in 2021

    Alex Martinez

    The Agency DC

    (202) 888-1127

    33 in this area

    942 Total Sales

    Alex Martinez
    Section Image

  • J

    Seller's Agent in 2018

    John Radcliffe

    Weichert Corporate

    55 Total Sales

    John Radcliffe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2014508

Bright MLS

APN: 09-01685995

Maryland Montgomery County Gaithersburg 20879

407 Christopher Ave Unit T-2, Gaithersburg, MD

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