NOT LISTED FOR SALE

Estimated Value: $626,000 - $869,000

2 Beds
2 Baths
1,850 Sq Ft
$1,200/mo HOA Fee

Last Sold October 26, 2023

Last sale price $570,000 $308 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,978/month

90 Days on Market

Highlights

  • Gated Community
  • Community Indoor Pool
  • Tennis Courts
  • Wood Acres Elementary School Rated A
  • 1 Fireplace
  • Elevator

About This Home

As of October 2023

HUD Home (case number #249-603630 IE (Insured Escrow). This unit is located on the 1st floor and has 2 Bedroom - 2 Full Bath one of the lagest condo in the complex with 1850 sq ft open floor plane 2 private balconies, den with a fireplace! There is a formal dining room., step down into the living room with sliding door to the balcony. Built in bookcase in den too. Primary bedroom with slider to balcony. Large dressing area with loads of closet space. Storage unit in lower level too. The community center and pool are close by as well as a shopping center. Condo is being sold AS IS. Gated Community with on site security guatd. Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only! Disclosures can be found under documents.

Last Agent to Sell the Property

Rita Young

(301) 366-7834 rmyoung@cbmove.com Coldwell Banker Realty Listed on: 06/22/2023

Coldwell Banker Realty

Last Buyer's Agent

Gwendolyn Lindsey

gwendolyn.lindsey@cbrealty.com KW Metro Center License #5011107

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,400

Year Built

  • Built in 1975

Lot Details

  • 1,655

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Carpet

Kitchen

  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

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

Additional Features

  • Balcony
  • Property is in average condition

Listing and Financial Details

  • Assessor Parcel Number 160701766922

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, lawn maintenance, road maintenance, pool(s), trash, snow removal, sewer, security gate
  • Low-Rise Condominium
  • Sumner Village Subdivision
  • Property Manager

Amenities

  • Common Area
  • Elevator

Recreation

  • Tennis Courts
  • Community Indoor Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,400

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Stove, Washer/Dryer Stacked, Disposal, Exhaust Fan, Refrigerator
  • Entry Floor: 1
  • Flooring Type: Carpet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1850
  • Living Area Sq Ft: 1850
  • Price Per Sq Ft: 343.24
  • Above Grade Finished Sq Ft: 1850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 1199.57
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Gated Community, Pool - Outdoor, Tennis Courts, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Lawn Maintenance, Road Maintenance, Pool(s), Trash, Snow Removal, Sewer, Security Gate
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Indoor

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Average
  • Zoning: R
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6400.00
  • Assessor Parcel Number: 160701766922
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Oct 26, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Kramer Howard and Kramer Lucia
Seller's Agent
Rita Young
Coldwell Banker Realty
Buyer's Agent
Gwendolyn Lindsey
KW Metro Center
List Price
$670,000
Sold Price
$570,000
Premium/Discount to List
-$100,000
-14.93%
Views
322
Current Estimated Value
$784,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,210
Avg. Annual Appreciation
16.24%

Purchase Details

Closed on
Mar 24, 2023
Sold by
Oelsner Silvia Carmen
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Oct 26, 2012
Sold by
Oelsner Sylvia Del Carmen and Oelsner Juergen Ch
Bought by
Oelsner Silvia Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
C David D and C Newsom J
Bought by
Juergen Ch & S D C Oelsner

Purchase Details

Closed on
Sep 1, 1994
Sold by
Storm Alice V
Bought by
Newsom David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
8.44%
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
Kramer Howard $570,000 Sage Title
Kramer Howard $570,000 Sage Title
Secretary/Housing & Urban Dev $380,570 Servicelink
Secretary/Housing & Urban Dev $380,570 Servicelink
Oelsner Silvia Carmen -- Atg
Juergen Ch & S D C Oelsner $250,000 --
Newsom David D $247,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oelsner Silvia Carmen $795,000
Previous Owner Newsom David D $222,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $570,000 -10.2% $308 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $635,000 -5.2% $343 / Sq Ft
06/22/2023 06/22/23 For Sale $670,000 -- $362 / 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 $7,831 $725,000 $217,500 $507,500
2024 $7,831 $675,000 $0 $0
2023 $57 $625,000 $0 $0
2022 $4,635 $575,000 $172,500 $402,500
2021 $5,608 $566,667 $0 $0
2020 $5,518 $558,333 $0 $0
2019 $3,284 $550,000 $165,000 $385,000
2018 $5,432 $550,000 $165,000 $385,000
2017 $5,680 $550,000 $0 $0
2016 -- $550,000 $0 $0
2015 $4,273 $520,000 $0 $0
2014 $4,273 $490,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2097724

Bright MLS

APN: 07-01766922