NOT LISTED FOR SALE

541 Summit Hall Rd Gaithersburg, MD 20877

Gaithersburg Area

Estimated Value: $387,394

4 Beds
3.5 Baths
1,911 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: May 17, 2023

Last sale price $373,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,972 / mo

3 Days on Market

About This Home

As of May 2023

Townhouse in Cedar Village ready for the next homeowner! Renovations and upgrades include almost 2,000 s/f of living area, Main level features living room, kitchen with ceramic tile flooring. Dining/Family room combo and a half bath. Upper level includes 3 bedrooms 2.5 baths. Basement fully finished with a bedroom, a full bathroom, a kitchen, a laundry area, and a walkout to the backyard.
Location is right in front of the Morris Park, You can walk to Summit Hall school, it has two reserved parking spaces, and the gas & Water/sewer are included in condo fee.

Owner Financing Available! Please call the Listing agent for more info.

Last Agent to Sell the Property

William Carranza

(703) 349-3900 clientservices@bobandronna.com Samson Properties License #5007550 Listed on: 04/17/2023

Last Buyer's Agent

Adam Jacobson

(866) 987-3937 Adam@RealEstateWithAdam.com Douglas Realty

Douglas Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1971

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Finished Basement

  • Heated Basement
  • Exterior Basement Entry

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Association fees include gas, water, sewer, common area maintenance, snow removal
  • Cedar Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160901780114

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,569

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

HOA Fees

$400 per month

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved, Outside Entrance, Partially Finished
  • Basement Finished Percent: 100.00
  • Total Sq Ft: 1911
  • Living Area Sq Ft: 1911
  • Price Per Sq Ft: 265.77
  • Above Grade Finished Sq Ft: 1411
  • Below Grade Finished Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 400.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Gas, Water, Sewer, Common Area Maintenance, Snow Removal
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Lot Size Units: Square Feet
  • Zoning: RPT
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13952838
  • Tax Annual Amount: 3569.00
  • Assessor Parcel Number: 160901780114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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
Apr 17, 2023
Closed on
May 18, 2023
Sold by
Batres Jose A
Bought by
Seller's Agent
William Carranza
Samson Properties
Buyer's Agent
Adam Jacobson
Douglas Realty
List Price
$375,000
Sold Price
$373,000
Premium/Discount to List
-$2,000
-0.53%
Views
143
Current Estimated Value
$387,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,394
Avg. Annual Appreciation
1.14%
Original Mortgage
$361,334
Outstanding Balance
$346,629
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$40,765

Purchase Details

Closed on
Mar 30, 2007
Sold by
Wilcox Bradford C
Bought by
Batres Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Falck Beatrice H
Bought by
Wilcox Bradford C
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gaithersburg, MD

  • Grace Chicca Real Estate Agent - Compass

    Grace Chicca

    Compass

    (202) 883-3413

    110 Total Sales

    1 in Gaithersburg

    $488,000 Price

    Grace Chicca
     Section Image
  • Laurinda Massey Real Estate Agent - Realty Advantage of Maryland LLC

    Laurinda Massey

    Realty Advantage of Maryland LLC

    (202) 803-8536

    66 Total Sales

    3 in Gaithersburg

    $155K - $510K Price Range

    Laurinda Massey
     Section Image
  • Carolina Medrano Real Estate Agent - Fairfax Realty Premier

    Carolina Medrano

    Responds Quickly

    Fairfax Realty Premier

    (240) 702-1350

    53 Total Sales

    3 in Gaithersburg

    $210K - $415K Price Range

    Carolina Medrano
     Section Image
  • Diana Carrasco Real Estate Agent - RLAH @properties

    Diana Carrasco

    RLAH @properties

    (202) 883-6436

    73 Total Sales

    3 in Gaithersburg

    $130K - $250K Price Range

    Diana Carrasco
     Section Image
  • Joe Smith Real Estate Agent - Next Step Realty

    Joe Smith

    Next Step Realty

    (443) 214-3147

    197 Total Sales

    2 in Gaithersburg

    $585K - $605K Price Range

    Joe Smith
     Section Image
  • German Llerena Real Estate Agent - RLAH @properties

    German Llerena

    Responds Quickly

    RLAH @properties

    (301) 679-7213

    69 Total Sales

    1 in Gaithersburg

    $641,990 Price

    German Llerena
     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
$373,000 First American Title
Batres Jose A $367,000 --
Wilcox Bradford C $300,000 --
Wilcox Bradford C $300,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $361,334
Previous Owner Batres Jose A $367,000
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
05/17/2023 05/17/23 Sold $373,000 -0.5% $195 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $375,000 -- $196 / 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
2026 $4,621 $355,000 $106,500 $248,500
2025 $4,621 $326,667
2024 $4,196 $298,333 $0 $0
2023 $4,491 $270,000 $81,000 $189,000
2022 $3,254 $258,333 $0 $0
2021 $2,743 $246,667 $0 $0
2020 $5,145 $235,000 $70,500 $164,500
2019 $2,507 $231,667 $0 $0
2018 $2,458 $228,333 $0 $0
2017 $2,227 $225,000 $0 $0
2016 $1,974 $206,667 $0 $0
2015 $1,974 $188,333 $0 $0
2014 $1,974 $170,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Carranza Real Estate Agent - Samson Properties

    Seller's Agent in 2023

    William Carranza

    Samson Properties

    (240) 310-4699

    76 Total Sales

    William Carranza
    Section Image
  • Adam Jacobson Real Estate Agent - Douglas Realty

    Buyer's Agent in 2023

    Adam Jacobson

    Douglas Realty

    (240) 506-8289

    44 Total Sales

    Adam Jacobson
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2089724

Bright MLS

APN: 09-01780114

Maryland Montgomery County Gaithersburg 20877

541 Summit Hall Rd, Gaithersburg, MD

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