$360,000
SOLD MAY 29, 2018

513 Coral Reef Dr Gaithersburg, MD 20878

3 Beds
3.5 Baths
1,760 Sq Ft
$88/mo HOA Fee

Recently Sold

$205 Per Sq Ft

5% Below List Price

28 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Water Oriented
  • Deck
  • Fields Road Elementary School Rated A-
  • Colonial Architecture
  • Property is near a park

About This Home

As of May 2018

Quince Orchard Schs. TH w/ front porch located close to shopping, dining, entertainment & transportation. Kitchen in back w/ access to deck. Backs to Parkland with walking path, pond. Renovated kitchen w/unused appliances and new cabinets. Pergo floors, new carpet. Pool, tennis courts, playgrd. Walkout basement: 3rd full bath. Large storage area w/2nd fridge. New 2017 heat pump/water heater.

Last Agent to Sell the Property

Julie Montalvo

Maryland Premier Homes License #323256 Listed on: 03/30/2018

Last Buyer's Agent

Young An

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,252

Year Built

  • Built in 1988 | Remodeled in 2018

Lot Details

  • 2,400 Sq Ft Lot
  • 20 Feet of Waterfront
  • Two or More Common Walls
  • The property's topography is level, moderate slope
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Efficiency Studio
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump

Outdoor Features

  • Water Oriented
  • Property is near a pond
  • Pond
  • Deck
  • Porch

Location

  • Property is near a park

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 97
  • Assessor Parcel Number 160902646636

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds
  • Park Summit Community
  • Park Summit Codm Subdivision
  • The community has rules related to alterations or architectural changes, covenants

Amenities

  • Common Area

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,252

Year Built

Built in 1988 | Remodeled in 2018

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Year Renovated: 2018
  • Remarks Public: Quince Orchard Schs. TH w/ front porch located close to shopping, dining, entertainment & transportation. Kitchen in back w/ access to deck. Backs to Parkland with walking path, pond. Renovated kitchen w/unused appliances and new cabinets. Pergo floors, new carpet. Pool, tennis courts, playgrd. Walkout basement: 3rd full bath. Large storage area w/2nd fridge. New 2017 heat pump/water heater.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Extra Refrigerator/Freezer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Microwave, Dryer - Front Loading, Water Heater, Washer, Icemaker
  • Interior Amenities: Breakfast Area, Primary Bath(s), Efficiency, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Sump Pump, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 1980
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 264.39
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 440
  • Below Grade Sq Ft: 220
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 513

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Roof: Asphalt
  • View: Water
  • Water Access: No
  • Water Body Name: POND
  • Water Body Type: Pond
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes
  • Water Frontage In Feet: 20

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 119.36
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 87.50
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 196200.00
  • Land Assessed Value: 120000.00
  • Lot Features: Backs To Trees, Backs - Parkland
  • Lot Size Acres: 0.06
  • Lot Size Area: 2400
  • Lot Dimensions: LotLength:120 X LotWidth:20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Year Assessed: 2018
  • Zoning: R20
  • Zoning Description: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13970036
  • Tax Annual Amount: 4252.08
  • Assessor Parcel Number: 160902646636
  • Tax Lot: 97
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/29/2018

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Schoenthal Stephanie L
Bought by
Schoenthal Stephanie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,650
Outstanding Balance
$371,740
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$121,811

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 29, 2018
Sold by
Rozita Safvizadeh and Rozita Fred Taleghani
Bought by
Schoenthal Stephanie L and Hosein Feizal F
Seller's Agent
Julie Montalvo
Maryland Premier Homes
Buyer's Agent
Young An
Long & Foster Real Estate, Inc.
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$353,479
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2003
Sold by
Lucas Glen and Lucas K J
Bought by
Safavizadeh Rozita and Taleghani Foad M

Purchase Details

Closed on
Apr 7, 2000
Sold by
Mcgivern Jennifer K
Bought by
Lucas Glen and Lucas K J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $231,244 Harvest Title
Deed $360,000 Fidelity National Title Ins
Deed $239,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 FHA
Previous Owner $19,019 FHA
Previous Owner $353,479 FHA
Previous Owner $252,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $515,000 +43.1% $286 / Sq Ft
05/29/2018 05/29/18 Sold $360,000 +3.2% $205 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/22/2018 04/22/18 Price Changed $349,000 -3.9% $198 / Sq Ft
04/11/2018 04/11/18 Price Changed $363,000 -3.2% $206 / Sq Ft
04/03/2018 04/03/18 Price Changed $374,900 -1.3% $213 / Sq Ft
03/30/2018 03/30/18 For Sale $380,000 -- $216 / 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 $4,919 $360,467 $0 $0
2023 $5,339 $342,000 $120,000 $222,000
2022 $3,769 $335,167 $0 $0
2021 $3,700 $328,333 $0 $0
2020 $3,590 $321,500 $120,000 $201,500
2019 $3,548 $319,733 $0 $0
2018 $3,532 $317,967 $0 $0
2017 $4,069 $316,200 $0 $0
2016 -- $297,133 $0 $0
2015 $3,902 $278,067 $0 $0
2014 $3,902 $259,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000326628

Bright MLS

APN: 09-02646636