NOT LISTED FOR SALE

507 Midsummer Dr Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $1,040,812

5 Beds
3.5 Baths
3,111 Sq Ft
$335/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2014

Last sale price $699,000 $225 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,414 / mo

Highlights

  • Gourmet Kitchen
  • 0.22 Acre Lot
  • Dual Staircase
  • Fields Road Elementary School Rated A-
  • Open Floorplan
  • Colonial Architecture

About This Home

As of June 2014

Fully updated, meticulously maintained New England Colonial. Gourmet kitchen with island and breakfast bar. Gleaming wood floors on main level. French doors and sliding doors lead out to huge deck with hot tub for relaxing. New windows, new doors, 3 fireplaces, walk out basement.

Last Agent to Sell the Property

Gordon King

(240) 497-1700 gordonkingsells@gmail.com Long & Foster Real Estate, Inc. License #0025825 Listed on: 05/13/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gordon King

(240) 497-1700 gordonkingsells@gmail.com Long & Foster Real Estate, Inc. License #0025825 Listed on: 05/13/2014

Long & Foster Real Estate, Inc.
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,756

Year Built

  • Built in 1989

Lot Details

  • 9,758 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned MXD

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Shake Roof
  • Cedar

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160902778721

Community Details

Overview

  • Built by JOSEPH ALFANDRE

Amenities

  • Community Center
  • Party Room

Recreation

  • Community Basketball Court
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,756

Year Built

Built in 1989

Lot Details

9,758 Sq Ft Lot

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Dining Area, Family Room Off Kitchen, Chair Railings, Crown Moldings, Double/Dual Staircase, Window Treatments, Upgraded Countertops, Master Bath(s), Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Storm
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Vaulted Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Breakfast Room, Study, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level, Fully Finished, Improved
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Cedar
  • Construction Completed: No
  • Roof: Shake
  • 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: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 105.87
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat, Heat Pump(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 74.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Community Center, Jog/Walk Path, Pool - Outdoor, Party Room
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 459800.00
  • Land Assessed Value: 198000.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9758
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9758.00
  • Property Condition: Very Good
  • Zoning: MXD
  • In City Limits: Yes

Building Info

  • Builder Name: JOSEPH ALFANDRE

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13972688
  • Tax Annual Amount: 8756.45
  • Assessor Parcel Number: 160902778721
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 17, 2014
Sold by
Bought by
Seller's Agent
Gordon King
Long & Foster Real Estate, Inc.
Buyer's Agent
Gordon King
Long & Foster Real Estate, Inc.
List Price
$709,000
Sold Price
$699,000
Premium/Discount to List
-$10,000
-1.41%
Current Estimated Value
$1,040,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,812
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Nov 6, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Shady Grove, MD

  • Camilla Cornwell Real Estate Agent - Compass

    Camilla Cornwell

    Compass

    (240) 363-0862

    38 Total Sales

    1 in Shady Grove

    $605,000 Price

    Camilla Cornwell
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  • David Goldberg Real Estate Agent - Goldberg Group Real Estate

    David Goldberg

    Goldberg Group Real Estate

    (202) 791-4607

    110 Total Sales

    1 in Shady Grove

    $525,000 Price

    David Goldberg
     Section Image
  • Michael Soper Real Estate Agent - Next Step Realty

    Michael Soper

    Responds Quickly

    Next Step Realty

    (667) 213-1153

    165 Total Sales

    1 in Shady Grove

    $320,000 Price

    Michael Soper
     Section Image
  • Jeannette Bingaman Real Estate Agent - Long & Foster Real Estate, Inc.

    Jeannette Bingaman

    Long & Foster Real Estate, Inc.

    (240) 213-7800

    108 Total Sales

    1 in Shady Grove

    $955,000 Price

    Jeannette Bingaman
     Section Image
  • Wendy Soroka Real Estate Agent - Long & Foster Real Estate, Inc.

    Wendy Soroka

    Long & Foster Real Estate, Inc.

    (301) 715-8165

    30 Total Sales

    2 in Shady Grove

    $770K - $913K Price Range

    Wendy Soroka
     Section Image
  • Kurt Ha Real Estate Agent - CapStar Properties

    Kurt Ha

    CapStar Properties

    (240) 570-8820

    114 Total Sales

    2 in Shady Grove

    $1M - $1.1M Price Range

    Kurt Ha
     Section Image
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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
$699,000 First American Title Ins Co
-- --
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $699,000 -1.4% $225 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $709,000 -- $228 / Sq Ft
Source: Bright MLS

Tax 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.

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 $9,798 $771,300
2024 $10,324 $762,700 $0 $0
2023 $9,464 $754,100 $241,800 $512,300
2022 $9,299 $738,233 $0 $0
2021 $9,159 $722,367 $0 $0
2020 $9,159 $706,500 $241,800 $464,700
2019 $9,156 $675,100 $0 $0
2018 $9,188 $643,700 $0 $0
2017 $7,513 $612,300 $0 $0
2016 -- $612,300 $0 $0
2015 $8,181 $612,300 $0 $0
2014 $8,181 $657,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gordon King Real Estate Agent - Long & Foster

    Seller's Agent in 2014

    Gordon King

    Long & Foster

    (301) 351-2621

    7 Total Sales

    Gordon King
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Map

Source: Bright MLS

MLS Number: 1002995822

Bright MLS

APN: 09-02778721

Maryland Montgomery County Gaithersburg 20878 Shady Grove

507 Midsummer Dr, Gaithersburg, MD

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