NOT LISTED FOR SALE

504 Philmont Dr Unit 4 Gaithersburg, MD 20878

Estimated Value: $238,842 - $265,000

2 Beds
1 Bath
872 Sq Ft
$310/mo HOA Fee

Last Sold April 14, 2021

Last sale price $195,000 $224 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,842/month

6 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Tennis Courts
  • Fields Road Elementary School Rated A-
  • Community Pool
  • Jogging Path

About This Home

As of April 2021

Welcome to 504 Philmont Dr. Unit 4! This property is in an ideal location close to shopping, restaurants, and entertainment venues at Rio and Downtown Crown Centers. Just minutes from ICC, I-270, 370 and Shady Grove Metro. This spacious first floor unit is move-in ready with fresh paint throughout. There is durable laminate flooring throughout the unit as well. Enjoy the sunny and open concept living and dining room with direct access to your outdoor patio. The double sliding glass doors let it tons of natural light. The galley kitchen features stainless steel appliances and breakfast bar seating overlooking the living room. You have a full size washer and dryer in the unit. The master bedroom is huge with double closets. There is a renovated full bath with gorgeous glass and tile shower with river rock flooring. The condo fee includes water/sewer. The community features playgrounds, tennis courts, swimming pool, and common areas. Don't forget to view the virtual tour of this home!

Last Agent to Sell the Property

Nathan Dart

RE/MAX Realty Group License #514678 Listed on: 03/10/2021

RE/MAX Realty Group

Last Buyer's Agent

Hourieh Zamani

Spring Hill Real Estate, LLC.

Spring Hill Real Estate, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,961

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Property is in good condition

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 872 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Galley Kitchen
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #J2
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 160902699508

Community Details

Overview

  • Association fees include common area maintenance, water, sewer, pool(s), insurance, exterior building maintenance, management
  • Low-Rise Condominium
  • Park Summit/Vanguard Management Condos, Phone Number (301) 540-8600
  • Park Summit Codm Community
  • Park Summit Codm Subdivision

Amenities

  • Common Area

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,961

Year Built

Built in 1987

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1987
  • Assigned Parking Space Numbers: J2
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 504 Philmont Dr. Unit 4! This property is in an ideal location close to shopping, restaurants, and entertainment venues at Rio and Downtown Crown Centers. Just minutes from ICC, I-270, 370 and Shady Grove Metro. This spacious first floor unit is move-in ready with fresh paint throughout. There is durable laminate flooring throughout the unit as well. Enjoy the sunny and open concept living and dining room with direct access to your outdoor patio. The double sliding glass doors let it tons of natural light. The galley kitchen features stainless steel appliances and breakfast bar seating overlooking the living room. You have a full size washer and dryer in the unit. The master bedroom is huge with double closets. There is a renovated full bath with gorgeous glass and tile shower with river rock flooring. The condo fee includes water/sewer. The community features playgrounds, tennis courts, swimming pool, and common areas. Don't forget to view the virtual tour of this home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Microwave, Refrigerator, Icemaker, Dishwasher, Disposal, Washer, Dryer
  • Entry Floor: 1
  • Flooring Type: Laminated, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Recessed Lighting, Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Bedroom 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 872
  • Living Area Sq Ft: 872
  • Price Per Sq Ft: 223.62
  • Above Grade Finished Sq Ft: 872
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 504

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 309.75
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Summit/Vanguard Management
  • Condo Co-Op Phone: 301-540-8600
  • HOA Condo Co-Op Amenities: Common Grounds, Swimming Pool, Tot Lots/Playground, Jog/Walk Path, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Sewer, Pool(s), Insurance, Ext Bldg Maint, Management
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 115500.00
  • Land Assessed Value: 49500.00
  • Land Use Code: 011
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Good
  • Year Assessed: 2021
  • Zoning: R20
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13971005
  • Tax Annual Amount: 1961.00
  • Assessor Parcel Number: 160902699508
  • Tax Total Finished Sq Ft: 872
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 04/14/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 12, 2021
Sold by
Basilio Kristofer L and Basillo Kathleen M
Bought by
Paredes Christian and Cortes Sara N
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
Hourieh Zamani
Spring Hill Real Estate, LLC.
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$244,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,428
Avg. Annual Appreciation
5.95%
Original Mortgage
$189,000
Outstanding Balance
$171,281
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$79,180

Purchase Details

Closed on
Jul 17, 2020
Sold by
Basilio Kristofer L
Bought by
Basilio Kristofer L and Basilio Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Litteral Katherine H
Bought by
Basilio Kristofer L

Purchase Details

Closed on
Mar 11, 2005
Sold by
Litteral Katherine H
Bought by
Basilio Kristofer L

Purchase Details

Closed on
Jul 10, 2000
Sold by
Goldberg Igor
Bought by
Litteral Katherine H
Source: Public Records

Range of Values:

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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
Paredes Christian $195,000 Jdm Title Llc
Basilio Kristofer L -- Accommodation
Basilio Kristofer L $168,888 --
Basilio Kristofer L $168,888 --
Litteral Katherine H $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paredes Christian $189,000
Previous Owner Basilio Kristofer L $131,000
Previous Owner Basilio Kristofer L $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $195,000 0.0% $224 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $195,000 -- $224 / 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 $2,402 $195,000 -- --
2024 $2,402 $180,000 $0 $0
2023 $2,196 $165,000 $49,500 $115,500
2022 $2,080 $160,000 $0 $0
2021 $2,025 $155,000 $0 $0
2020 $0 $150,000 $45,000 $105,000
2019 $1,961 $150,000 $45,000 $105,000
2018 $1,967 $150,000 $45,000 $105,000
2017 $2,083 $165,000 $0 $0
2016 $1,251 $155,000 $0 $0
2015 $1,251 $145,000 $0 $0
2014 $1,251 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC747296

Bright MLS

APN: 09-02699508