NOT LISTED FOR SALE

622 Coral Reef Dr Gaithersburg, MD 20878

Estimated Value: $443,000 - $474,000

2 Beds
3.5 Baths
1,420 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $379,000 $267 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,901/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Upgraded Countertops
  • Fields Road Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of December 2021

LOCATION LOCATION & LOCATION!!
HUGE PRICE REDUCTION FOR THIS Beautiful Freshly painted 2 bedroom and 3.5 bathroom town house , all 3 levels are finished, with the possibility of huge basement room with closet as 3rd bedroom .
Updated kitchen with granite countertops and stainless steel appliances, Beautiful solid Oak hardwood floors through the main and upper level. spacious bedrooms with window treatments , plenty of parking on site . One year Home Warranty for new buyers. Don't miss this opportunity to own a well cared town home, almost 1680 SQFT . low HOA fee. MOTIVATED SELLER !!
Own this house and enjoy amenities, of the neighborhood like pool , tennis courts , walkways.
CLOSE TO ICC/200, I270 AND I 370, MINUTES AWAY FROM THE MOST FAMOUSE PLACE TO DINE IN GAITHERSBURG AREA , CROWN FARM AND RIO, PLENTY OF PARKS AND TRAILS NEARBY FOR RECREATION .
GREAT PLACE TO OWN AND AN OPPORTUNITY FOR INVESTORS AS WELL

Last Agent to Sell the Property

Najam Chaudhry

(301) 537-3328 najam.chaudhry@lnf.com Long & Foster Real Estate, Inc. License #650231 Listed on: 10/20/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Bob Graves

(301) 538-9337 Bob.Graves@LNF.com Long & Foster Real Estate, Inc. License #51253

Last Buyer's Agent

Don Heasley

(410) 627-4512 donheasley@boblucidoteam.com Keller Williams Lucido Agency

Keller Williams Lucido Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1989

Lot Details

  • 2,000 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Electric Fireplace
  • Window Treatments
  • Sliding Windows
  • Window Screens
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Country Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Washer
  • Gas Dryer

Improved Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Laundry in Basement

Home Security

Parking

  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 18
  • Assessor Parcel Number 160902705463

Community Details

Overview

  • Park Summit Codm Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,270

Year Built

Built in 1989

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: STOVE AND RANGE, REFRIGRATOR, DISHWASHER, GARBAGE DISPOSAL, WASHER AND DRYER,FIRE PLACE
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION LOCATION & LOCATION!! HUGE PRICE REDUCTION FOR THIS Beautiful Freshly painted 2 bedroom and 3.5 bathroom town house , all 3 levels are finished, with the possibility of huge basement room with closet as 3rd bedroom . Updated kitchen with granite countertops and stainless steel appliances, Beautiful solid Oak hardwood floors through the main and upper level. spacious bedrooms with window treatments , plenty of parking on site . One year Home Warranty for new buyers. Don't miss this opportunity to own a well cared town home, almost 1680 SQFT . low HOA fee. MOTIVATED SELLER !! Own this house and enjoy amenities, of the neighborhood like pool , tennis courts , walkways. CLOSE TO ICC/200, I270 AND I 370, MINUTES AWAY FROM THE MOST FAMOUSE PLACE TO DINE IN GAITHERSBURG AREA , CROWN FARM AND RIO, PLENTY OF PARKS AND TRAILS NEARBY FOR RECREATION . GREAT PLACE TO OWN AND AN OPPORTUNITY FOR INVESTORS AS WELL
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Dryer - Gas, Microwave, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Kitchen - Table Space, Tub Shower, Upgraded Countertops, Wood Floors, Window Treatments
  • Window Features: Screens, Sliding, Storm
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Bedroom 2, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Improved, Interior Access
  • Laundry Type: Basement
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1420
  • Price Per Sq Ft: 338.39
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 622

Beds/Baths

  • Bedrooms: 2
  • 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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 93.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 193000.00
  • Land Assessed Value: 120000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: R20
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13971263
  • Tax Annual Amount: 4270.00
  • Assessor Parcel Number: 160902705463
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/17/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 17, 2021
Sold by
Voronca Delia C
Bought by
Mcbean Karl and Mcbean Elizabeth
Seller's Agent
Najam Chaudhry
Long & Foster Real Estate, Inc.
Buyer's Agent
Don Heasley
Keller Williams Lucido Agency
List Price
$384,000
Sold Price
$379,000
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
$459,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,939
Avg. Annual Appreciation
5.13%
Original Mortgage
$372,135
Outstanding Balance
$342,267
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$117,672

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 15, 2017
Sold by
Chang Hyo C and Shin Jin
Bought by
Voronca Delia C
Seller's Agent
Creig Northrop
Northrop Realty
Buyer's Agent
Monica Jenkins
Northrop Realty
List Price
$335,000
Sold Price
$339,000
Premium/Discount to List
$4,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$328,830
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2001
Sold by
Shafiei Roya
Bought by
Chang Hyo C
Source: Public Records

Range of Values:

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Average Value
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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
Mcbean Karl $379,000 Lakeside Title Company
Voronca Delia C $339,000 Sage Title Group Llc
Chang Hyo C $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbean Karl $372,135
Previous Owner Voronca Delia C $328,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $379,000 0.0% $267 / Sq Ft
10/25/2021 10/25/21 Price Changed $379,000 -1.3% $267 / Sq Ft
10/20/2021 10/20/21 For Sale $384,000 +13.3% $270 / Sq Ft
06/15/2017 06/15/17 Sold $339,000 0.0% $239 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
04/07/2017 04/07/17 Price Changed $339,000 +1.2% $239 / Sq Ft
04/06/2017 04/06/17 For Sale $335,000 -- $236 / Sq Ft
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 $4,752 $364,933 -- --
2024 $4,752 $347,567 $0 $0
2023 $3,802 $330,200 $120,000 $210,200
2022 $3,634 $324,467 $0 $0
2021 $3,578 $318,733 $0 $0
2020 $3,482 $313,000 $120,000 $193,000
2019 $3,322 $301,867 $0 $0
2018 $3,185 $290,733 $0 $0
2017 $2,943 $279,600 $0 $0
2016 -- $264,100 $0 $0
2015 $3,177 $248,600 $0 $0
2014 $3,177 $233,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Najam Chaudhry

    Seller's Agent in 2021

    Najam Chaudhry

    Long & Foster

    (301) 537-3328

    4 in this area

    29 Total Sales

    Najam Chaudhry
    Section Image
  • Bob Graves

    Seller Co-Listing Agent in 2021

    Bob Graves

    Long & Foster

    (301) 538-9337

    4 in this area

    62 Total Sales

    Bob Graves
    Section Image
  • Don Heasley

    Buyer's Agent in 2021

    Don Heasley

    Keller Williams Lucido Agency

    (410) 627-4512

    1 in this area

    44 Total Sales

    Don Heasley
    Section Image
  • Creig Northrop

    Seller's Agent in 2017

    Creig Northrop

    Creig Northrop Team of Long & Foster

    (410) 884-8354

    1 in this area

    583 Total Sales

    Creig Northrop
    Section Image
  • Hyung Bae

    Seller Co-Listing Agent in 2017

    Hyung Bae

    Creig Northrop Team of Long & Foster

    (443) 756-1657

    44 Total Sales

    Hyung Bae
    Section Image
  • Monica Jenkins

    Buyer's Agent in 2017

    Monica Jenkins

    Creig Northrop Team of Long & Foster

    (540) 850-2774

    9 Total Sales

    Monica Jenkins
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2020128

Bright MLS

APN: 09-02705463

Maryland Montgomery County Gaithersburg 20878

622 Coral Reef Dr, Gaithersburg, MD

This home is located at 622 Coral Reef Dr, Gaithersburg, MD 20878 since 20 October 2021 and is currently estimated at $459,939, approximately $323 per square foot. This property was built in 1989. 622 Coral Reef Dr is a home located in Montgomery County with nearby schools including Fields Road Elementary School, Ridgeview Middle School, and Quince Orchard High School.

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