NOT LISTED FOR SALE

425 Phelps St Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $814,000 - $842,000

3 Beds
3.5 Baths
1,996 Sq Ft
$417/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $565,000 $283 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,196/month

Highlights

  • Fitness Center
  • Open Floorplan
  • Deck
  • Rachel Carson Elementary School Rated A
  • Clubhouse
  • Contemporary Architecture

About This Home

As of July 2017

FINALLY-- THE GREAT UNIT WITH LOFT ! FABULOUS 4 LVL END UNIT TOWNHOME W/2 CAR ATTACHED GARAGE.3 BEDRMS,3.5 BATHRMS INCL. ENTRY LVL BEDRM & BATH.SUNLIT KITCHEN W/GRANITE & STAINLESS,ISLAND & BAY WINDOW BREAKFAST AREA.SPACIOUS DINING AREA OPEN TO FAMILY RM W/GAS FIREPLACE, 2 DOORS W/PALLADIAN WINDOWS,DECK ACCESS.MASTER BEDRM W/HUGE WALKIN CLOSET,STAIRS TO LOFT,BATH W/SEP TUB & SHOWER.

Last Agent to Sell the Property

Sharyn Goldman

(301) 529-7555 Sharyn.Goldman@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/18/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Hanna Wang

(240) 398-8102 hannaprostage@gmail.com Prostage Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,308

Year Built

  • Built in 2001

Lot Details

  • 1,750 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,996 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Rachel Carson Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 51
  • Assessor Parcel Number 160903320793

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, pool(s), reserve funds, trash
  • Lakelands Subdivision, Perfect ! Floorplan
  • Lakelands Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,308

Year Built

Built in 2001

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2001
  • Remarks Public: FINALLY-- THE GREAT UNIT WITH LOFT ! FABULOUS 4 LVL END UNIT TOWNHOME W/2 CAR ATTACHED GARAGE.3 BEDRMS,3.5 BATHRMS INCL. ENTRY LVL BEDRM & BATH.SUNLIT KITCHEN W/GRANITE & STAINLESS,ISLAND & BAY WINDOW BREAKFAST AREA.SPACIOUS DINING AREA OPEN TO FAMILY RM W/GAS FIREPLACE, 2 DOORS W/PALLADIAN WINDOWS,DECK ACCESS.MASTER BEDRM W/HUGE WALKIN CLOSET,STAIRS TO LOFT,BATH W/SEP TUB & SHOWER.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Kitchen - Island, Kitchen - Table Space, Combination Dining/Living, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Entry Level Bedroom, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Entry Location: Lower Floor
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, In-Law/AuPair/Suite, Laundry, Loft, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 282.57
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 425

Beds/Baths

  • Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 118.91
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 92.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Fitness Center, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Bike Trail
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Pool(s), Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 201500.00
  • Land Assessed Value: 300000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1750.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14082974
  • Tax Annual Amount: 6308.16
  • Assessor Parcel Number: 160903320793
  • Tax Lot: 51
  • Tax Total Finished Sq Ft: 1996
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/14/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 14, 2017
Sold by
Smith Matthew J and Smith Tracy B
Bought by
Ren Yi
Seller's Agent
Sharyn Goldman
Long & Foster Real Estate, Inc.
Buyer's Agent
Hanna Wang
Prostage Realty, LLC
List Price
$564,000
Sold Price
$565,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$831,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,892
Avg. Annual Appreciation
4.81%
Original Mortgage
$440,700
Outstanding Balance
$361,107
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$470,785

Purchase Details

Closed on
Dec 19, 2006
Sold by
Lightburn Curtis G and Lightburn Michele
Bought by
Smith Matthew J and Smith Tracy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2001
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Lightburn Curtis G and Lightburn Michele
Source: Public Records

Range of Values:

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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
Ren Yi $565,000 None Available
Smith Matthew J $517,500 --
Lightburn Curtis G $319,640 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Yi $440,700
Previous Owner Smith Matthew J $414,000
Previous Owner Smith Matthew J $77,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $565,000 +0.2% $283 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $564,000 -- $283 / 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 $8,112 $653,867 -- --
2024 $8,112 $605,133 $0 $0
2023 $6,741 $556,400 $300,000 $256,400
2022 $6,494 $551,467 $0 $0
2021 $6,366 $546,533 $0 $0
2020 $6,366 $541,600 $300,000 $241,600
2019 $6,186 $528,233 $0 $0
2018 $6,038 $514,867 $0 $0
2017 $5,951 $501,500 $0 $0
2016 -- $467,467 $0 $0
2015 $5,230 $433,433 $0 $0
2014 $5,230 $399,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sharyn Goldman

    Long & Foster

    Section Image
  • Hanna Wang

    Buyer's Agent in 2017

    Hanna Wang

    Prostage Realty, LLC

    (240) 398-8102

    6 in this area

    141 Total Sales

    Hanna Wang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002520461

Bright MLS

APN: 09-03320793

Maryland Montgomery County Gaithersburg 20878 Kentlands

425 Phelps St, Gaithersburg, MD

This home is located at 425 Phelps St, Gaithersburg, MD 20878 since 18 May 2017 and is currently estimated at $831,892, approximately $416 per square foot. This property was built in 2001. 425 Phelps 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.

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