NOT LISTED FOR SALE

434 Exchange Ave Gaithersburg, MD 20878

Estimated Value: $549,000 - $628,000

3 Beds
2.5 Baths
2,895 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2017

Last sale price $424,500 $147 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,825 / mo

12 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Scenic Views
  • Lakelands Park Middle School Rated A
  • Eat-In Gourmet Kitchen
  • Open Floorplan

About This Home

As of January 2017

Luxury TH meets condo convenience in this top of the line, penthouse unit. Beautiful finishes, open floor plan, private balcony. Urban Centers are THE hot destination & this one is in MoCo's fastest growing city! Peaceful wooded walks will clear your head; tennis & swimming will invigorate. MARC commute can't be beat. 270 ramp, urban core planned. Crown, Rio, Kentlands nearby.

Last Agent to Sell the Property

Lynne Tucker

(240) 219-2422 Lynne@lynnetucker.com Compass License #621843 Listed on: 12/01/2016

Compass

Last Buyer's Agent

Kay Baer

(301) 445-5900 kbaer37923@aol.com RE/MAX Excellence Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,063

Year Built

  • Built in 2013

Lot Details

  • No Units Above
  • Property is in very good condition

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,895 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Screen For Fireplace
  • Fireplace Mantel
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Family Room
  • Combination Dining and Living Room
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Double Oven
  • Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Schools

  • Brown Station Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 160903720500

Community Details

Overview

  • Association fees include pool(s), snow removal, trash
  • Built by RYAN HOMES
  • Parklands At Watkins Mill Subdivision, Picasso Floorplan
  • Parklands Community
  • The community has rules related to covenants

Amenities

  • Day Care Facility
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room

Recreation

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

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,063

Year Built

Built in 2013

Lot Details

0 Sq Ft Lot

HOA Fees

$251 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2013
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Energy Star Refrigerator, Energy Star Clothes Washer, Energy Star Dishwasher, Microwave, Refrigerator, Washer - Front Loading, Water Heater - High-Efficiency, Cooktop, Icemaker, Oven - Double
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Combination Dining/Living, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Crown Moldings, Floor Plan - Open
  • Window Features: Energy Star Qualified, Insulated, Low-E
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Above
  • Door Features: Energy Star Qualified Door(s), Insulated
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Townhouse
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Breakfast Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2895
  • Living Area Sq Ft: 2895
  • Price Per Sq Ft: 146.63
  • Above Grade Finished Sq Ft: 2895
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • Exterior Features: Sidewalks, Street Lights, Tennis Court(s)
  • Pool Private: No
  • View: Scenic Vista
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, 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: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 251.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Day Care, Exercise Room, Fitness Center, Jog/Walk Path, Meeting Room, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: BROWN STATION
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Efficiency: Appliances, Hvac

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • In City Limits: Yes

Building Info

  • Builder Name: RYAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5063.02
  • Assessor Parcel Number: 160903720500
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Metering: Fully Separate

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2019
Sold by
Drake Margaret
Bought by
Livin Drake Margaret and Livin Margaret Drake Revocable
Current Estimated Value
$578,376

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 12, 2017
Sold by
Brodrick Thomas and Brodrick Christina
Bought by
Drake Margaret
Seller's Agent
Lynne Tucker
Compass
Buyer's Agent
Kay Baer
RE/MAX Excellence Realty
List Price
$424,500
Sold Price
$424,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$264,500
Outstanding Balance
$218,468
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$359,908
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

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
Livin Drake Margaret -- None Available
Drake Margaret $424,500 Michaels Title & Escrow Llc
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 Drake Margaret $264,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $424,500 0.0% $147 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $424,500 -- $147 / Sq Ft
Source: Bright MLS

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 $5,843 $453,333 -- --
2024 $5,843 $431,667 $0 $0
2023 $4,833 $410,000 $123,000 $287,000
2022 $5,122 $406,667 $0 $0
2021 $4,637 $403,333 $0 $0
2020 $4,567 $400,000 $120,000 $280,000
2019 $4,466 $393,333 $0 $0
2018 $4,395 $386,667 $0 $0
2017 $4,371 $380,000 $0 $0
2016 -- $373,333 $0 $0
2015 -- $366,667 $0 $0
2014 -- $360,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002473913

Bright MLS

APN: 09-03720500

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