NOT LISTED FOR SALE

5515 Riggs Rd Gaithersburg, MD 20882

Estimated Value: $1,010,000 - $1,136,000

5 Beds
4.5 Baths
3,386 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $870,000 $257 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,582/month

211 Days on Market

Highlights

  • Horse Facilities
  • Barn or Stable
  • Dual Staircase
  • Laytonsville Elementary School Rated A-
  • In Ground Pool
  • Pasture Views

About This Home

As of August 2018

Location, location, location for Agra Tourism! Expanded & updated farm house close to Metro, shops & entertainment. Updates include custom kitchen, baths & HVAC. Gracious home w/ wood floors, 4 fireplaces, & beautiful custom details. All set on 2 lots totaling 12 acres. Large center aisle barn w/ feed room & hay loft, run-in sheds, separate mini barn & traditional board fencing. In-ground pool.

Last Agent to Sell the Property

Laura Lee Jones

Long & Foster Real Estate, Inc. License #0225261097 Listed on: 11/29/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rino Maddalena

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 1800

Lot Details

  • 12.43 Acre Lot
  • Board Fence
  • Cleared Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Roof
  • Cedar

Interior Spaces

  • 3,386 Sq Ft Home
  • Property has 3 Levels
  • Dual Staircase
  • Wood Ceilings
  • Cathedral Ceiling
  • 4 Fireplaces
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • French Doors
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Office or Studio
  • Wood Flooring
  • Pasture Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Cooktop
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Shelving

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Storage Shed
  • Porch

Schools

  • Laytonsville Elementary School
  • Gaithersburg Middle School
  • Gaithersburg High School

Farming

  • Center Aisle Barn
  • Machine Shed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Run-In Shed
  • Barn or Stable

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Tank
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160101804186

Community Details

Overview

  • No Home Owners Association
  • Charred Oak Estates Subdivision

Recreation

  • Horse Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,105

Year Built

Built in 1800

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2017-12-01
  • Year Built: 1800
  • Remarks Public: Location, location, location for Agra Tourism! Expanded & updated farm house close to Metro, shops & entertainment. Updates include custom kitchen, baths & HVAC. Gracious home w/ wood floors, 4 fireplaces, & beautiful custom details. All set on 2 lots totaling 12 acres. Large center aisle barn w/ feed room & hay loft, run-in sheds, separate mini barn & traditional board fencing. In-ground pool.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Washer, Dryer, Dishwasher, Exhaust Fan, Cooktop, Oven - Double
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Country, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Double/Dual Staircase, Wood Floors
  • Window Features: Double Pane, Bay/Bow
  • Fireplace Features: Equipment
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Cathedral Ceilings, Wood Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Study, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Shelving, Unfinished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3386
  • Living Area Sq Ft: 3386
  • Price Per Sq Ft: 265.79
  • Above Grade Finished Sq Ft: 3386
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5515

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Barn/Stable, Office/Studio, Horse Stable, Storage Barn/Shed, MacHine Shed, Run-In Shed, Center Aisle
  • Other Structures List: Barn/Stable, Office/Studio, Horse Stable, Storage Barn/Shed, Machine Shed, Run-in Shed, Center Aisle
  • Construction Materials: Cedar
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Wood
  • View: Pasture
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Detached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Oil, Electric
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Septic Exists
  • Utilities: Multiple Phone Lines, Cable Tv Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LAYTONSVILLE
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • Elementary School: LAYTONSVILLE
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Lot Info

  • Agricultural District: YES
  • Fencing: Board
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 256700.00
  • Land Assessed Value: 169600.00
  • Lot Features: Cleared
  • Lot Size Acres: 12.43
  • Lot Size Area: 541451
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 541451.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13786339
  • Tax Annual Amount: 5104.80
  • Assessor Parcel Number: 160101804186
  • Tax Total Finished Sq Ft: 3386
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/17/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Aug 17, 2018
Sold by
Glassman Stephen C and Glassman Nettie Nicole
Bought by
Armstrong Alexander J and Armstrong Melissa L
Seller's Agent
Laura Lee Jones
Long & Foster Real Estate, Inc.
Buyer's Agent
Rino Maddalena
Long & Foster Real Estate, Inc.
List Price
$899,950
Sold Price
$870,000
Premium/Discount to List
-$29,950
-3.33%
Current Estimated Value
$1,075,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,562
Avg. Annual Appreciation
4.27%
Original Mortgage
$679,650
Outstanding Balance
$597,534
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$567,360
Source: Public Records

Range of Values:

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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
Armstrong Alexander J $870,000 Gpn Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Alexander J $679,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $870,000 -3.3% $257 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $899,950 0.0% $266 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
01/18/2018 01/18/18 Price Changed $899,950 -2.7% $266 / Sq Ft
12/01/2017 12/01/17 For Sale $925,000 +6.3% $273 / Sq Ft
11/29/2017 11/29/17 Off Market $870,000 -- --
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 $7,706 $630,533 $0 $0
2023 $6,328 $572,900 $169,600 $403,300
2022 $5,712 $543,367 $0 $0
2021 $5,331 $513,833 $0 $0
2020 $30 $484,300 $169,600 $314,700
2019 $9,505 $464,967 $0 $0
2018 $30 $445,633 $0 $0
2017 $4,254 $426,300 $0 $0
2016 -- $403,933 $0 $0
2015 $4,956 $381,567 $0 $0
2014 $4,956 $359,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Lee Jones

    Seller's Agent in 2018

    Laura Lee Jones

    Long & Foster Real Estate, Inc.

    (410) 707-7246

    119 Total Sales

    Section Image
  • Rino Maddalena

    Buyer's Agent in 2018

    Rino Maddalena

    Long & Foster

    (301) 717-1075

    31 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004124115

Bright MLS

APN: 01-01804186

Maryland Montgomery County Gaithersburg 20882

5515 Riggs Rd, Gaithersburg, MD

This home is located at 5515 Riggs Rd, Gaithersburg, MD 20882 since 29 November 2017 and is currently estimated at $1,075,562, approximately $317 per square foot. This property was built in 1800. 5515 Riggs Rd is a home located in Montgomery County with nearby schools including Laytonsville Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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