NOT LISTED FOR SALE

571 Pelican Ave Gaithersburg, MD 20877

Estimated Value: $554,112 - $594,000

3 Beds
4 Baths
1,950 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 26, 2012

Last sale price $340,000 $174 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,517/month

Highlights

  • Clubhouse
  • Traditional Architecture
  • Upgraded Countertops
  • Frost Middle School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of August 2012

BEAUTIFUL LARGE LUXURY SUN-FILLED 2-SIDED BRICK, END UNIT BOASTS 3BR,2FBA,2HBA, 2 CAR REAR LOADING GARAGE. TH OFFERS TONS OF RECESSED LIGHTING, DECORATIVE COLUMN IN REC ROOM, 2-SIDED GAS FIREPLACE & CROWN MOULDING. CONVENIENT LOCATION NEAR SHOPPING, DINING, METRO AND HIGH WAY.

Last Agent to Rent the Property

Michael Chang

(240) 422-1594 michaelkjchang@gmail.com Long & Foster Real Estate, Inc. License #635874 Listed on: 07/28/2012

Long & Foster Real Estate, Inc.

Last Renter's Agent

Michelle Gray

(301) 775-7735 michellegray301@gmail.com Rory S. Coakley Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 2005

Lot Details

  • 1,671 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 1,950 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Fireplace With Glass Doors
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,100
  • Tenant pays for all utilities, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, exterior maintenance, minor interior maintenance, windows/screens
  • Rent includes hoa/condo fee, parking, pool maintenance, trash removal
  • No Smoking Allowed
  • 24-Month Minimum Lease Term
  • Available 7/28/12
  • $50 Application Fee
  • Assessor Parcel Number 160903454044

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, pool(s), snow removal, trash

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,914

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2012-07-28
  • Application Fee: 50.00
  • Lease Term: 24 Months
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Parking, Pool Maintenance, Trash Removal
  • Security Deposit: 2100.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Exterior Maintenance, Minor Interior Maintenance, Windows/Screens
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Dining Area, Master Bath(s), Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Breakfast Room, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1950
  • Living Area Sq Ft: 1950
  • Price Per Sq Ft: 1.08
  • Above Grade Finished Sq Ft: 1950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Combination, Brick Front
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Jog/Walk Path, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash
  • HOA: Yes

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Area: 1671
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1671.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: MXD

Tax Info

  • Assessor Parcel Number: 14095610
  • Assessor Parcel Number: 160903454044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2012
Sold by
Chun Elizabeth K and Chun Kyung J
Bought by
Wang Li
Current Estimated Value
$576,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2007
Sold by
Chun Kyung J
Bought by
Chun Elizabeth K

Purchase Details

Closed on
Apr 30, 2007
Sold by
Chun Kyung J
Bought by
Chun Elizabeth K

Purchase Details

Closed on
Dec 9, 2005
Sold by
Chun Kuyng J
Bought by
Chun Kyung J

Purchase Details

Closed on
Oct 19, 2005
Sold by
Chun Kuyng J
Bought by
Chun Kuyng J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,808
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2005
Sold by
Centex Homes
Bought by
Chun Kuyng J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,808
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2005
Sold by
Centex Homes
Bought by
Chun Kuyng J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,808
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Li $340,000 Chicago Title
Chun Elizabeth K -- --
Chun Elizabeth K -- --
Chun Kyung J -- --
Chun Kuyng J -- --
Chun Kuyng J $516,010 --
Chun Kuyng J $516,010 --
Chun Kuyng J $516,010 --
Chun Kuyng J $516,010 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Li $255,000
Previous Owner Chun Kuyng J $412,808
Previous Owner Chun Kuyng J $412,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2012 08/06/12 Rented $2,100 0.0% --
08/06/2012 08/06/12 Under Contract -- -- --
07/28/2012 07/28/12 For Rent $2,100 0.0% --
07/26/2012 07/26/12 Sold $340,000 0.0% $174 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Price Changed $340,000 -2.8% $174 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
02/26/2012 02/26/12 For Sale $349,900 +2.9% $179 / Sq Ft
02/24/2012 02/24/12 Off Market $340,000 -- --
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
2025 $5,914 $469,800 -- --
2024 $5,914 $436,200 $0 $0
2023 $5,441 $402,600 $150,000 $252,600
2022 $5,302 $401,900 $0 $0
2021 $5,278 $401,200 $0 $0
2020 $5,278 $400,500 $150,000 $250,500
2019 $5,063 $384,767 $0 $0
2018 $4,874 $369,033 $0 $0
2017 $4,731 $353,300 $0 $0
2016 $4,526 $336,933 $0 $0
2015 $4,526 $320,567 $0 $0
2014 $4,526 $304,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004485993

Bright MLS

APN: 09-03454044