NOT LISTED FOR SALE

631 Coral Reef Dr Gaithersburg, MD 20878

Estimated Value: $479,775 - $504,000

3 Beds
4 Baths
1,320 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $342,000 $259 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,081/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Game Room
  • Fields Road Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of May 2014

Wow, spacious $40k upgraded home with front porch backing to trees in a park like setting. Gorgeous hdwds and cer. tile on the main floor with center isle gourmet table space kitchen. Upstairs we have 3 nice size bedrooms with walk-in closet and master bath in the master suite. The finished basement has laminate floors, half bath and walks out to a fenced backyard with patio.

Last Agent to Sell the Property

James Wu

(301) 674-3030 jameswuteam@compass.com Compass License #0225205230 Listed on: 04/03/2014

Compass

Last Buyer's Agent

Howard Bladen

(301) 793-2240 howardbladensellshomes@gmail.com Douglas Realty License #0638300

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,401

Year Built

  • Built in 1989

Lot Details

  • 1,937 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Gourmet Kitchen
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 160902704801

Community Details

Overview

  • Park Summit Codm Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,401

Year Built

Built in 1989

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1989
  • Remarks Public: Wow, spacious $40k upgraded home with front porch backing to trees in a park like setting. Gorgeous hdwds and cer. tile on the main floor with center isle gourmet table space kitchen. Upstairs we have 3 nice size bedrooms with walk-in closet and master bath in the master suite. The finished basement has laminate floors, half bath and walks out to a fenced backyard with patio.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Gourmet, Combination Kitchen/Dining, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Wood Floors
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Game Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Street Number Modifier: 631

Beds/Baths

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

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Satellite Dish
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Refuse: 105.87
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 81.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Common Grounds, Jog/Walk Path, Tot Lots/Playground
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 130900.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1937
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1937.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13971202
  • Tax Annual Amount: 3400.95
  • Assessor Parcel Number: 160902704801
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 05/14/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 14, 2014
Sold by
Draisen Howard G and Draisen Stefanie E
Bought by
Li Jianke and Song Xiaofang
Seller's Agent
James Wu
Compass
Buyer's Agent
Howard Bladen
Douglas Realty
List Price
$339,900
Sold Price
$342,000
Premium/Discount to List
$2,100
0.62%
Current Estimated Value
$492,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,444
Avg. Annual Appreciation
3.24%
Original Mortgage
$273,600
Outstanding Balance
$207,968
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$284,476

Purchase Details

Closed on
Jul 14, 2005
Sold by
Habib Nadim and Habib M
Bought by
Draisen Howard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2001
Sold by
Liu Minqi
Bought by
Habib Nadim and Habib M

Purchase Details

Closed on
Sep 17, 1997
Sold by
S David I and S Gelfand M
Bought by
Liu Minqi
Source: Public Records

Range of Values:

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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
Li Jianke $342,000 Rgs Title Llc
Draisen Howard G $365,000 --
Habib Nadim $160,000 --
Liu Minqi $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jianke $273,600
Previous Owner Draisen Howard G $346,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2014 05/14/14 Sold $342,000 0.0% $259 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
04/08/2014 04/08/14 Off Market $342,000 -- --
04/03/2014 04/03/14 For Sale $339,900 -- $258 / 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 $5,013 $386,533 -- --
2024 $5,013 $367,667 $0 $0
2023 $4,735 $348,800 $120,000 $228,800
2022 $4,548 $342,100 $0 $0
2021 $2,186 $335,400 $0 $0
2020 $4,372 $328,700 $120,000 $208,700
2019 $4,328 $326,733 $0 $0
2018 $4,311 $324,767 $0 $0
2017 $4,337 $322,800 $0 $0
2016 -- $298,833 $0 $0
2015 $3,485 $274,867 $0 $0
2014 $3,485 $250,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wu

    Seller's Agent in 2014

    James Wu

    Compass

    (301) 674-3030

    4 in this area

    74 Total Sales

    James Wu
    Section Image

  • H

    Buyer's Agent in 2014

    Howard Bladen

    Douglas Realty

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002900004

Bright MLS

APN: 09-02704801

Maryland Montgomery County Gaithersburg 20878

631 Coral Reef Dr, Gaithersburg, MD

This home is located at 631 Coral Reef Dr, Gaithersburg, MD 20878 since 03 April 2014 and is currently estimated at $492,444, approximately $373 per square foot. This property was built in 1989. 631 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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