$145,678
SOLD NOV 30, 2018

407 Christopher Ave Unit T-2 Gaithersburg, MD 20879

2 Beds
2 Baths
1,158 Sq Ft
$400/mo HOA Fee

Recently Sold

$126 Per Sq Ft

17% Above List Price

Highlights

  • Traditional Floor Plan
  • Community Pool
  • Central Air
  • Traditional Architecture
  • Tennis Courts
  • Combination Dining and Living Room

About This Home

As of October 2021

FANTASTIC OPPPORTUNTY TO OWN THIS VERY SPACIOUS 2 BEDROOM 2 BATH CONDO LOCATED IN THIS SOUGHT AFTER. LOCATED IN AN AREA OF EXCELLENT SCHOOLS AND CLOSE TO SHOPPING,RECREATION AND PUBLIC TRANSPORTATION. . ALL LOCATED ON PATIO LEVEL

Last Agent to Sell the Property

John Radcliffe

jradrltr@aol.com Weichert, REALTORS Listed on: 09/19/2018

Weichert, REALTORS

Last Buyer's Agent

Timon Mitrakas

info@platinumreo.net Bang Realty License #0225179780

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,886

Year Built

  • Built in 1974

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,158 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Watkins Mill Elementary School
  • Montgomery Village Middle School
  • Watkins Mill High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160901685995

Community Details

Overview

  • Association fees include custodial services maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, insurance, pool(s), reserve funds, road maintenance, sewer, water
  • Low-Rise Condominium
  • Hyde Park Community
  • Hyde Park Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,886

Year Built

Built in 1974

Lot Details

0

HOA Fees

$400 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
  • Federal Flood Zone: No
  • Year Built: 1974
  • Remarks Public: FANTASTIC OPPPORTUNTY TO OWN THIS VERY SPACIOUS 2 BEDROOM 2 BATH CONDO LOCATED IN THIS SOUGHT AFTER. LOCATED IN AN AREA OF EXCELLENT SCHOOLS AND CLOSE TO SHOPPING,RECREATION AND PUBLIC TRANSPORTATION. . ALL LOCATED ON PATIO LEVEL
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Patio
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1158
  • Living Area Sq Ft: 1158
  • Price Per Sq Ft: 107.77
  • Above Grade Finished Sq Ft: 1158
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: Yes
  • Condo Co-Op Fee: 400.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Sewer, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WATKINS MILL
  • Middle School: MONTGOMERY VILLAGE
  • High School: WATKINS MILL
  • School District Key: 121138126809
  • Elementary School: WATKINS MILL
  • High School: WATKINS MILL
  • Middle Or Junior School: MONTGOMERY VILLAGE

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Year Assessed: 2018
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13949982
  • Tax Annual Amount: 1885.80
  • Assessor Parcel Number: 160901685995
  • Tax Total Finished Sq Ft: 1156
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/30/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Kim Kathy
Bought by
Leary Stacy K
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
$275,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,039
Avg. Annual Appreciation
5.10%
Original Mortgage
$216,015
Outstanding Balance
$199,110
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$68,408

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 23, 2018
Sold by
Bank Of New York Mellon
Bought by
Kim Kathy
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
Ba Seydou A
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Apr 28, 2004
Sold by
Russell Jean F
Bought by
Ba Seydou A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $220,000 Covenant Title & Escrow Llc
Special Warranty Deed $145,678 None Available
Trustee Deed $144,000 None Available
Deed $149,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,015 FHA
Previous Owner $98,258 New Conventional
Previous Owner $38,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
09/19/2018 09/19/18 For Sale $124,800 -- $108 / 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 $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 $1,150 $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

    20 Total Sales

    Timon Mitrakas
    Section Image
  • Alex Martinez

    Buyer's Agent in 2021

    Alex Martinez

    The Agency DC

    (240) 258-2668

    39 in this area

    1,085 Total Sales

    Alex Martinez
    Section Image

  • J

    Seller's Agent in 2018

    John Radcliffe

    Weichert Corporate

    57 Total Sales

    John Radcliffe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005673470

Bright MLS

APN: 09-01685995

Maryland Montgomery County Gaithersburg 20879

407 Christopher Ave Unit T-2, Gaithersburg, MD

This home is located at 407 Christopher Ave Unit T-2, Gaithersburg, MD 20879 and is currently priced at $145,678, approximately $125 per square foot. This property was built in 1974. 407 Christopher Ave Unit T-2 is a home located in Montgomery County with nearby schools including Watkins Mill Elementary School, Montgomery Village Middle School, and Watkins Mill High School.

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