NOT LISTED FOR SALE

427 Christopher Ave Unit 54 Gaithersburg, MD 20879

Estimated Value: $259,231 - $280,000

3 Beds
2 Baths
1,278 Sq Ft
$371/mo HOA Fee

Last Sold March 29, 2016

Last sale price $165,000 $129 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,001/month

33 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Breakfast Area or Nook
  • Contemporary Architecture
  • Tennis Courts
  • Balcony

About This Home

As of March 2016

IMMACULATE, SPACIOUS and UPDATED top level 3 bedroom, 2 bath garden condo at Village Overlook, near I-270 & shopping. Huge living room, separate dining room, updated kitchen, breakfast room, large master bedroom with walk in closet, & lots of closet space! Washer & dryer in unit. Community outdoor pool, tennis courts and tot lot. Owner will consider separate sale of furniture.

Last Agent to Sell the Property

Eric Hough

(301) 437-4154 ehough@alliedrealtycorp.com Allied Realty License #89991 Listed on: 01/20/2016

Last Buyer's Agent

Holly Smith

(301) 332-7176 hollylynn.smith@longandfoster.com Long & Foster Real Estate, Inc. License #318818

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1974

Lot Details

  • 87

HOA Fees

  • $371 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,278 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160901710737

Community Details

Overview

  • Association fees include water, sewer, common area maintenance, exterior building maintenance, management, insurance, reserve funds, recreation facility, pool(s), trash, snow removal
  • Low-Rise Condominium
  • Hyde Park Phase Community
  • Hyde Park Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,986

Year Built

Built in 1974

Lot Details

0

HOA Fees

$371 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1974
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1278
  • Living Area Sq Ft: 1278
  • Price Per Sq Ft: 136.85
  • Above Grade Finished Sq Ft: 1278
  • 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
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • 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: 371.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds, Recreation Facility, Pool(s), Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: WATKINS MILL
  • High School: WATKINS MILL
  • Middle Or Junior School: MONTGOMERY VILLAGE

Lot Info

  • Improvement Assessed Value: 105000.00
  • Land Assessed Value: 45000.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: R18
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13950835
  • Tax Annual Amount: 1986.02
  • Assessor Parcel Number: 160901710737
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 29, 2016
Sold by
Burke John
Bought by
Khatta Surinder K
Seller's Agent
Eric Hough
Allied Realty
Buyer's Agent
Holly Smith
Long & Foster Real Estate, Inc.
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$268,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,558
Avg. Annual Appreciation
5.16%
Original Mortgage
$162,011
Outstanding Balance
$127,383
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$141,175

Purchase Details

Closed on
Mar 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Burke John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2011
Sold by
Federal National Mortgage Association
Bought by
Burke John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 2010
Sold by
Diallo Minata
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2005
Sold by
Davis B Jennifer
Bought by
Diallo Minata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 2001
Sold by
Kline Robin J
Bought by
Davis B Jennifer
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

Date Buyer Sale Price Title Company
Khatta Surinder K $165,000 Rgs Title Llc
Burke John $105,000 --
Burke John $105,000 --
Federal National Mortgage Association $239,990 --
Diallo Minata $260,000 --
Davis B Jennifer $92,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatta Surinder K $162,011
Previous Owner Burke John $73,500
Previous Owner Burke John $73,500
Previous Owner Diallo Minata $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2016 03/29/16 Sold $165,000 -5.7% $129 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $174,900 -- $137 / 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 $2,587 $210,000 -- --
2024 $2,587 $190,000 $0 $0
2023 $3,008 $170,000 $51,000 $119,000
2022 $2,015 $160,000 $0 $0
2021 $1,318 $150,000 $0 $0
2020 $2,371 $140,000 $42,000 $98,000
2019 $1,191 $140,000 $42,000 $98,000
2018 $798 $140,000 $42,000 $98,000
2017 $1,362 $150,000 $0 $0
2016 $2,478 $150,000 $0 $0
2015 $2,478 $150,000 $0 $0
2014 $2,478 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Hough

    Allied Realty

    (301) 437-4154

    2 in this area

    29 Total Sales

    Eric Hough
    Section Image
  • Holly Smith

    Buyer's Agent in 2016

    Holly Smith

    Long & Foster

    (301) 332-7176

    1 in this area

    44 Total Sales

    Holly Smith
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002398389

Bright MLS

APN: 09-01710737

Maryland Montgomery County Gaithersburg 20879

427 Christopher Ave Unit 54, Gaithersburg, MD

Not Listed for Sale

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