NOT LISTED FOR SALE

518 Bright Meadow Dr Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $844,000 - $906,000

4 Beds
3 Baths
2,418 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $612,450 $253 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,399/month

About This Home

As of March 2016

Sensational brick end-unit townhouse loaded with upgrades and move-in ready! Gorgeous eat in kitchen w/custom cabinets & granite, island w/breakfast bar & gas FP w/dramatic tile surround. Plantation shutters & new hardwoods on main level. 4 spacious bedrooms each with WICs. Bathrooms and lighting upgraded throughout. Lovely patio area in fenced yard. Detached 2-car garage. New HVAC! Must see!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 31, 2016
Sold by
Mcclure Laura
Bought by
Ghaffari Reza
Seller's Agent
Diane Faulkner
Long & Foster Real Estate, Inc.
Buyer's Agent
Soheila Makki
Long & Foster Real Estate, Inc.
List Price
$624,900
Sold Price
$612,450
Premium/Discount to List
-$12,450
-1.99%
Current Estimated Value
$865,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,584
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Schoeman Donald S and Schoeman Rose Marie
Bought by
Mcclure Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 12, 2008
Sold by
Mckinney William P
Bought by
Schoeman Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2008
Sold by
Mckinney William P
Bought by
Schoeman Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2006
Sold by
Mccrystal James P and Mccrystal Margaret J
Bought by
Mckinney William P and Mckinney Cindy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Mccrystal James P and Mccrystal Margaret J
Bought by
Mckinney William P and Mckinney Cindy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2001
Sold by
Michael Harris Dev Inc
Bought by
Mccrystal James P and Mccrystal Margaret J

Purchase Details

Closed on
May 22, 2000
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Michael Harris Development Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ghaffari Reza $612,450 Rgs Title Llc
Mcclure Laura $601,000 None Available
Schoeman Donald S $600,000 --
Schoeman Donald S $600,000 --
Mckinney William P $660,000 --
Mckinney William P $660,000 --
Mccrystal James P $306,989 --
Michael Harris Development Inc $354,315 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclure Laura $480,000
Previous Owner Schoeman Donald S $480,000
Previous Owner Schoeman Donald S $480,000
Previous Owner Mckinney William P $528,000
Previous Owner Mckinney William P $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2016 03/31/16 Sold $612,450 -2.0% $253 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $624,900 -- $258 / Sq Ft

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 $8,447 $657,333 -- --
2024 $8,447 $625,867 $0 $0
2023 $8,682 $594,400 $300,000 $294,400
2022 $7,031 $589,000 $0 $0
2021 $6,893 $583,600 $0 $0
2020 $6,893 $578,200 $300,000 $278,200
2019 $6,760 $568,467 $0 $0
2018 $6,655 $558,733 $0 $0
2017 $6,617 $549,000 $0 $0
2016 $5,807 $514,500 $0 $0
2015 $5,807 $480,000 $0 $0
2014 $5,807 $445,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Faulkner

    Seller's Agent in 2016

    Diane Faulkner

    Long & Foster

    (301) 318-0334

    22 in this area

    39 Total Sales

    Diane Faulkner
    Section Image

  • S

    Buyer's Agent in 2016

    Soheila Makki

    Long & Foster

    (703) 862-7692

    Soheila Makki
    Section Image
See All Agents

Map

Maryland Montgomery County Gaithersburg 20878 Kentlands

518 Bright Meadow Dr, Gaithersburg, MD

This home is located at 518 Bright Meadow Dr, Gaithersburg, MD 20878 and is currently estimated at $865,034, approximately $357 per square foot. 518 Bright Meadow Dr is a home located in Montgomery County with nearby schools including Rachel Carson Elementary School, Lakelands Park Middle School, and Quince Orchard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes