NOT LISTED FOR SALE

Estimated Value: $785,000 - $812,000

3 Beds
3.5 Baths
1,996 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $610,000 $306 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,134/month

17 Days on Market

Highlights

  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Clubhouse
  • Rachel Carson Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of September 2020

LAKLANDS STUNNING !!!! LUXURY TOWNHOME ** UPGRADE GALORE **READY TO MOVE IN **COMPLETELY RENOVATED GOURMET KITCHEN ** GRANITE COUNTERS WITH BACKSPLASH ** UPGRADED APPLIANCES AND KITCHEN CABINETS** MASTER BATH W/PORCELAIN TILES, FRAMELESS SHOWER **RENOVATED GUEST BATH**CUSTOM LIGHT FIXTURES**BUILT INS CLOSETS**UPDATED HVAC**UPGRADED WASHER/DRYER**HARDWOOD FLOORS THROUGHOUT ** TILE ** CARPETED STAIRS** * CROWN MOULDING ** RECESS LIGHTS ** AND MUCH MORE** GORGEOUS LANDSCAPING**2 CAR GARAGE AND 2 CAR DRIVEWAY**COUSTOM PAINT** ONE BLOCK TO LAKELAND COMMUNITY CENTER POOL / TENNIS COURTS ** KENTLAND SHOPPING CENTER ** & MIDDLE SCHOOL**FABULOUS COMMUNITY**MINUTES TO MAIN STREET SHOPS! ** CLOSE TO SHOPPING ** BUS TO METRO ** ICC ** I 270*** RIO / CROWN **http://spws.homevisit.com/mls/307184/437-PHELPS-ST-GAITHERSBURG-MD-20878

Last Agent to Sell the Property

Pushpa Mittal

Weichert, REALTORS Listed on: 08/20/2020

Weichert, REALTORS

Last Buyer's Agent

Meredith Fogle

The List Realty License #512005

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,783

Year Built

  • Built in 2001

Lot Details

  • 1,445 Sq Ft Lot
  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Free Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,996 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Stone Fireplace
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Garden Views

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Oven
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 160903320760

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal, trash, pool(s)
  • Lakelands Subdivision

Amenities

  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Fitness Center
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,783

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional, Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-08-20
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: LAKLANDS STUNNING !!!! LUXURY TOWNHOME ** UPGRADE GALORE **READY TO MOVE IN **COMPLETELY RENOVATED GOURMET KITCHEN ** GRANITE COUNTERS WITH BACKSPLASH ** UPGRADED APPLIANCES AND KITCHEN CABINETS** MASTER BATH W/PORCELAIN TILES, FRAMELESS SHOWER **RENOVATED GUEST BATH**CUSTOM LIGHT FIXTURES**BUILT INS CLOSETS**UPDATED HVAC**UPGRADED WASHER/DRYER**HARDWOOD FLOORS THROUGHOUT ** TILE ** CARPETED STAIRS** * CROWN MOULDING ** RECESS LIGHTS ** AND MUCH MORE** GORGEOUS LANDSCAPING**2 CAR GARAGE AND 2 CAR DRIVEWAY**COUSTOM PAINT** ONE BLOCK TO LAKELAND COMMUNITY CENTER POOL / TENNIS COURTS ** KENTLAND SHOPPING CENTER ** & MIDDLE SCHOOL**FABULOUS COMMUNITY**MINUTES TO MAIN STREET SHOPS! ** CLOSE TO SHOPPING ** BUS TO METRO ** ICC ** I 270*** RIO / CROWN **http://spws.homevisit.com/mls/307184/437-PHELPS-ST-GAITHERSBURG-MD-20878
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Cooktop - Down Draft, Dryer, Exhaust Fan, Oven - Double, Refrigerator, Water Heater, Washer
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Wood Floors, Window Treatments, Upgraded Countertops, Kitchen - Eat-In, Entry Level Bedroom
  • Fireplace Features: Stone
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: High
  • Floors In Unit Count: 3
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 308.12
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 437

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • View: Garden/Lawn
  • 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: Concrete Driveway, Free
  • Garage Features: Garage - Rear Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Community Center, Swimming Pool, Pool - Outdoor, Jog/Walk Path, Party Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash, Pool(s)
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 241900.00
  • Land Assessed Value: 300000.00
  • Land Use Code: 011
  • Lot Features: Level
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1445.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: MXD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14082971
  • Tax Annual Amount: 6783.00
  • Assessor Parcel Number: 160903320760
  • Tax Lot: 48
  • Tax Total Finished Sq Ft: 1996
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 18, 2020
Sold by
Koplowitz Richard Andrew
Bought by
Koplowitz Richard Andrew and Koplowitz Richard Andrew
Seller's Agent
Pushpa Mittal
Weichert, REALTORS
Buyer's Agent
Meredith Fogle
The List Realty
List Price
$615,000
Sold Price
$610,000
Premium/Discount to List
-$5,000
-0.81%
Current Estimated Value
$797,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,854
Avg. Annual Appreciation
5.16%
Original Mortgage
$300,000
Outstanding Balance
$269,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$508,747

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 30, 2020
Sold by
Bakshi Gagan and Bakshi Ambica Gagan
Bought by
Koplowitz Richard Andrew
Seller's Agent
Pushpa Mittal
Weichert, REALTORS
Buyer's Agent
Meredith Fogle
The List Realty
List Price
$615,000
Sold Price
$610,000
Premium/Discount to List
-$5,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$269,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$508,747

Purchase Details

Listed on
Apr 9, 2016
Closed on
Nov 16, 2016
Sold by
Moasser Bahram and Moasser Benjamin Marcea
Bought by
Bakshi Gagan and Bakshi Ambica Gagan
Seller's Agent
Mark Smith
RE/MAX Realty Group
Buyer's Agent
Pushpa Mittal
Weichert, REALTORS
List Price
$599,900
Sold Price
$573,500
Premium/Discount to List
-$26,400
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$559,675
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2006
Sold by
Miller Ellen O
Bought by
Moasser Bahram and Moasser Marcea Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2006
Sold by
Miller Ellen O
Bought by
Moasser Bahram and Moasser Marcea Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2001
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Miller Ellen O
Source: Public Records

Range of Values:

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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
Koplowitz Richard Andrew -- None Available
Koplowitz Richard Andrew $610,000 Commonwealth Land Ttl Ins Co
Bakshi Gagan $573,500 None Available
Moasser Bahram $570,000 --
Moasser Bahram $570,000 --
Miller Ellen O $280,660 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koplowitz Richard Andrew $300,000
Previous Owner Bakshi Gagan $559,675
Previous Owner Moasser Bahram $400,000
Previous Owner Moasser Bahram $379,000
Previous Owner Moasser Bahram $417,000
Previous Owner Moasser Bahram $417,000
Previous Owner Miller Ellen O $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $610,000 -0.8% $306 / Sq Ft
08/20/2020 08/20/20 For Sale $615,000 +7.2% $308 / Sq Ft
11/23/2016 11/23/16 Sold $573,500 -1.1% $287 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
08/25/2016 08/25/16 Price Changed $579,900 -3.3% $291 / Sq Ft
06/22/2016 06/22/16 For Sale $599,900 +4.6% $301 / Sq Ft
06/18/2016 06/18/16 Off Market $573,500 -- --
06/17/2016 06/17/16 For Sale $599,900 +4.6% $301 / Sq Ft
05/06/2016 05/06/16 Off Market $573,500 -- --
04/30/2016 04/30/16 Price Changed $599,900 -1.6% $301 / Sq Ft
04/13/2016 04/13/16 For Sale $609,900 +6.3% $306 / Sq Ft
04/09/2016 04/09/16 Off Market $573,500 -- --
04/09/2016 04/09/16 For Sale $609,900 -- $306 / 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
2024 $7,541 $561,267 $0 $0
2023 $6,469 $535,400 $300,000 $235,400
2022 $6,291 $535,400 $300,000 $235,400
2021 $6,320 $535,400 $300,000 $235,400
2020 $12,740 $541,900 $300,000 $241,900
2019 $6,091 $520,700 $0 $0
2018 $5,842 $499,500 $0 $0
2017 $5,421 $478,300 $0 $0
2016 $5,012 $452,600 $0 $0
2015 $5,012 $426,900 $0 $0
2014 $5,012 $401,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC720632

Bright MLS

APN: 09-03320760