NOT LISTED FOR SALE

516 Coral Reef Dr Gaithersburg, MD 20878

Estimated Value: $412,000 - $465,704

3 Beds
2.5 Baths
1,582 Sq Ft
$282/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $272,500 $172 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,906/month

16 Days on Market

Highlights

  • Gourmet Kitchen
  • Traditional Floor Plan
  • Community Pool
  • Fields Road Elementary School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of December 2014

Open Sunday 10/26 1-4 Gorgeous three level Th fully updated top to bottom, huge master bedroom with large walk-in closet with custom shelving, large master bath, second level with lovely full bath and two large size sun filled bedrooms, main level with spacious updated kitchen with tons of storage, large open family room with beautiful sun filled windows looking onto newly updated front deck.

Last Agent to Sell the Property

Kristy MacAnanny

RE/MAX Realty Centre, Inc. License #MRIS:3054253 Listed on: 10/10/2014

Last Buyer's Agent

Jeanne Koerber

RLAH @properties License #595313

RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1988

Lot Details

  • 1,200 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Back-to-Back Home
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,582 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Entrance Foyer
  • Family Room
  • Dining Room

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Accessible Home Design

  • Level Entry For Accessibility

Utilities

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

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 160902646421

Community Details

Overview

  • Park Summit Community
  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,985

Year Built

Built in 1988

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Back-To-Back
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1988
  • Remarks Public: Open Sunday 10/26 1-4 Gorgeous three level Th fully updated top to bottom, huge master bedroom with large walk-in closet with custom shelving, large master bath, second level with lovely full bath and two large size sun filled bedrooms, main level with spacious updated kitchen with tons of storage, large open family room with beautiful sun filled windows looking onto newly updated front deck.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric
  • Interior Amenities: Kitchen - Gourmet, Primary Bath(s), Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1582
  • Living Area Sq Ft: 1582
  • Price Per Sq Ft: 176.99
  • Above Grade Finished Sq Ft: 1582
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 107.60
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 81.30
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 101900.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1200
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1200.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13970015
  • Tax Annual Amount: 2985.45
  • Assessor Parcel Number: 160902646421
  • Tax Lot: 45
  • Tax Total Finished Sq Ft: 1582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/04/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2015
Sold by
Gan Alisa Lu and Fan Stella
Bought by
Fan Stella
Current Estimated Value
$451,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 4, 2014
Sold by
Wooldridge Joshua and Wooldridge Kimberly
Bought by
Gan Alisa Lu and Fan Stella
Seller's Agent
Kristy MacAnanny
RE/MAX Realty Centre, Inc.
Buyer's Agent
Jeanne Koerber
RLAH @properties
List Price
$280,000
Sold Price
$272,500
Premium/Discount to List
-$7,500
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$218,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 2004
Sold by
Shepherd Ruth N
Bought by
Wooldridge Joshua

Purchase Details

Closed on
Aug 5, 1993
Sold by
Marla Weathersbee
Bought by
Shepherd Ruth N
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
Fan Stella $107,224 Attorney
Gan Alisa Lu $272,500 Hutton Patt Title & Escrow L
Wooldridge Joshua $255,000 --
Wooldridge Joshua $255,000 --
Shepherd Ruth N $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Stella $215,000
Closed Fan Stella $218,000
Closed Gan Alisa Lu $218,000
Previous Owner Wooldridge Joshua $261,600
Previous Owner Wooldridge Joshua $35,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Sold $272,500 -2.7% $172 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
10/21/2014 10/21/14 For Sale $280,000 +2.8% $177 / Sq Ft
10/11/2014 10/11/14 Off Market $272,500 -- --
10/10/2014 10/10/14 For Sale $280,000 0.0% $177 / Sq Ft
08/09/2013 08/09/13 Rented $1,695 -3.1% --
08/09/2013 08/09/13 Under Contract -- -- --
06/18/2013 06/18/13 For Rent $1,750 -- --
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 $4,257 $311,700 $0 $0
2023 $3,366 $298,700 $120,000 $178,700
2022 $3,147 $288,333 $0 $0
2021 $2,877 $277,967 $0 $0
2020 $2,877 $267,600 $120,000 $147,600
2019 $2,716 $256,533 $0 $0
2018 $2,580 $245,467 $0 $0
2017 $2,478 $234,400 $0 $0
2016 $3,499 $230,233 $0 $0
2015 $3,499 $226,067 $0 $0
2014 $3,499 $221,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kristy MacAnanny

    RE/MAX

    Section Image
  • Jeanne Koerber

    Buyer's Agent in 2014

    Jeanne Koerber

    Real Living at Home

    (301) 299-2143

    1 in this area

    76 Total Sales

    Section Image

  • E

    Seller's Agent in 2013

    Evelyn Morales

    Noahs' Preferred Properties Mgt Co.

See All Agents

Map

Source: Bright MLS

MLS Number: 1003225394

Bright MLS

APN: 09-02646421

Maryland Montgomery County Gaithersburg 20878

516 Coral Reef Dr, Gaithersburg, MD

This home is located at 516 Coral Reef Dr, Gaithersburg, MD 20878 since 10 October 2014 and is currently estimated at $445,426, approximately $281 per square foot. This property was built in 1988. 516 Coral Reef Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

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