NOT LISTED FOR SALE

581 Summit Hall Rd Gaithersburg, MD 20877

Estimated Value: $409,155 - $459,000

4 Beds
3.5 Baths
2,102 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2019

Last sale price $295,000 $140 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,611 / mo

125 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Tennis Courts
  • Traditional Floor Plan
  • Community Pool
  • Eat-In Kitchen

About This Home

As of February 2019

Freshly painted & updated spacious TH! Sparkling hardwood floors throughout; updated kitchen & baths. Walkout basement with legal bedroom & full bath. Conveniently located close to ICC, I-270. Close to shopping, park, tennis & basketball courts. 2 assigned parkings in front. Low condo fee includes water, gas, sewer, trash/snow removal.

Last Agent to Sell the Property

Charles Wilson

(301) 516-1212 cwilson@ttrsir.com TTR Sotheby's International Realty License #0225053290 Listed on: 08/05/2018

TTR Sotheby's International Realty

Last Buyer's Agent

Leandro Marinho

(301) 434-4065 ngreen@hsmove.com HomeSmart

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1971

Lot Details

  • 4,400

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,102 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Finished Basement
  • Rear Basement Entry
  • Eat-In Kitchen

Bedrooms and Bathrooms

Schools

  • Summit Hall Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 160901780318

Community Details

Overview

  • No Home Owners Association
  • Association fees include gas, sewer, snow removal, water, insurance
  • Cedar Village Community
  • Cedar Village Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Volleyball Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,136

Year Built

Built in 1971

Lot Details

4,400 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-08-05
  • Federal Flood Zone: No
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Townhouse
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Outside Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 2102
  • Living Area Sq Ft: 2102
  • Price Per Sq Ft: 140.34
  • Above Grade Finished Sq Ft: 2102
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 119.36
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Volleyball Courts, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Gas, Sewer, Snow Removal, Water, Insurance
  • HOA Condo Co-Op Rules: Covenants
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: SUMMIT HALL
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Improvement Assessed Value: 164500.00
  • Land Assessed Value: 70500.00
  • Zoning: RPT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13952858
  • Tax Annual Amount: 3135.77
  • Assessor Parcel Number: 160901780318
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Feb 14, 2019
Sold by
Rosales Jheny R
Bought by
Barrios Carmelino Carmen and Adriano De Vargas
Seller's Agent
Charles Wilson
TTR Sotheby's International Realty
Buyer's Agent
Leandro Marinho
HomeSmart
List Price
$299,999
Sold Price
$295,000
Premium/Discount to List
-$4,999
-1.67%
Current Estimated Value
$426,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,539
Avg. Annual Appreciation
5.28%
Original Mortgage
$280,250
Outstanding Balance
$245,887
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$180,652

Purchase Details

Closed on
Aug 16, 2001
Sold by
Behnia
Bought by
Rosales Jheny R
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
Barrios Carmelino Carmen $295,000 Household Title & Escrow Llc
Rosales Jheny R $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrios Carmelino Carmen $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2019 02/18/19 Sold $295,000 0.0% $140 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
10/16/2018 10/16/18 Price Changed $294,999 -1.7% $140 / Sq Ft
09/07/2018 09/07/18 For Sale $299,999 0.0% $143 / Sq Ft
09/02/2018 09/02/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $299,999 -- $143 / Sq Ft
Source: Bright MLS

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 $4,196 $326,667 -- --
2024 $4,196 $298,333 $0 $0
2023 $4,491 $270,000 $81,000 $189,000
2022 $2,877 $258,333 $0 $0
2021 $2,743 $246,667 $0 $0
2020 $2,572 $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 -- $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

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Map

Source: Bright MLS

MLS Number: 1002121444

Bright MLS

APN: 09-01780318

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