NOT LISTED FOR SALE

423 Christopher Ave Unit T3 Gaithersburg, MD 20879

Estimated Value: $243,000 - $282,000

3 Beds
2 Baths
1,422 Sq Ft
$391/mo HOA Fee

Last Sold June 12, 2015

Last sale price $160,000 $113 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,005/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Upgraded Countertops
  • Tennis Courts
  • Traditional Floor Plan
  • Community Pool
  • Eat-In Kitchen

About This Home

As of June 2015

Nicely updated patio unit in the desirable Hyde Park Condo community! Brand new granite, paint, carpeting & some stainless steel! Washer & dryer in unit! Nice layout w/ 3 BR's, eat-in kitchen, separate dining room & large living room w/ walkout to patio & common area! Great spot in the community adjacent to pool & tennis! Walk to everything! Standard sale :). Checking on FHA Approval.

Last Agent to Sell the Property

Corey Savelson

(301) 602-7073 csavelson@lnf.com Long & Foster Real Estate, Inc. License #304278 Listed on: 04/29/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

BJ Matson

(301) 881-8900 bj@bjmatson.com Taylor Properties License #636758

Taylor Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1975

Lot Details

  • 2,614

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,422 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Free Parking
  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 160901710362

Community Details

Overview

  • Association fees include exterior building maintenance, lawn maintenance, management, insurance, parking fee, pool(s), reserve funds, road maintenance, snow removal, trash, water, sewer
  • Low-Rise Condominium
  • Hyde Park Phase Community
  • Hyde Park Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,108

Year Built

Built in 1975

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1975
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Upgraded Countertops, Primary Bath(s), Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1422
  • Living Area Sq Ft: 1422
  • Price Per Sq Ft: 114.63
  • Above Grade Finished Sq Ft: 1422
  • Above Grade Finished Area Units: Square Feet

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

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Free
  • Type Of Parking: Off Street

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 391.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 112000.00
  • Land Assessed Value: 48000.00
  • Property Attached Yn: Yes
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13950801
  • Tax Annual Amount: 2108.46
  • Assessor Parcel Number: 160901710362
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 12, 2015
Sold by
Estate Of Joseph Allen Yoder and Yoder Michael D
Bought by
Moses Ravikumar
Seller's Agent
Corey Savelson
Long & Foster Real Estate, Inc.
Buyer's Agent
BJ Matson
Taylor Properties
List Price
$163,000
Sold Price
$160,000
Premium/Discount to List
-$3,000
-1.84%
Current Estimated Value
$262,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,568
Avg. Annual Appreciation
4.84%
Original Mortgage
$157,102
Outstanding Balance
$120,007
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$142,561

Purchase Details

Closed on
Dec 19, 2003
Sold by
Sellers Robert L
Bought by
Yoder Joseph A

Purchase Details

Closed on
Jul 15, 2002
Sold by
Sellers Robert L
Bought by
Sellers Robert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moses Ravikumar $160,000 First American Title Ins Co
Yoder Joseph A $140,550 --
Sellers Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Ravikumar $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $160,000 -1.8% $113 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $163,000 -- $115 / 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 $2,847 $230,000 -- --
2024 $2,847 $210,000 $0 $0
2023 $1,883 $190,000 $57,000 $133,000
2022 $2,225 $176,667 $0 $0
2021 $1,487 $163,333 $0 $0
2020 $1,312 $150,000 $45,000 $105,000
2019 $1,317 $150,000 $45,000 $105,000
2018 $1,319 $150,000 $45,000 $105,000
2017 $768 $160,000 $0 $0
2016 -- $160,000 $0 $0
2015 $1,784 $160,000 $0 $0
2014 $1,784 $160,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002328033

Bright MLS

APN: 09-01710362