NOT LISTED FOR SALE

632 Lakeworth Dr Gaithersburg, MD 20878

Estimated Value: $491,000 - $511,000

3 Beds
3.5 Baths
1,820 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $435,000 $239 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,113/month

Highlights

  • Colonial Architecture
  • Community Pool
  • Central Air
  • Fields Road Elementary School Rated A-
  • Tennis Courts
  • Heat Pump System

About This Home

As of June 2021

Immaculate and completely updated 3 bedrooms, 3.5 bath townhome in Park Summit. Fresh new paint, new carpet, renovated kitchen & baths; Beautiful front porch, large and sun-filled family room, kitchen with vented hood for cooking and ample storage space; breakfast area with French door leading to large deck overlooking the fully-fenced backyard; The upper level features a large master bedroom with sun-filled windows, en-suite full bath, 2 spacious bedrooms & an additional full bath complete the upper level. The lower level is finished with laundry, storage space, a full bath, spacious rec space, and walk-out to back yard. The neighborhood offers easy & plentiful of parking, a nice community pool, tennis courts, and access to Malcolm King Park - all walking distance. Conveniently located minutes from I-270, ICC, and public transit. Close to shopping and restaurants at Downtown Crown, Rio Centers, Kentlands & Muddy Branch Square.

Last Agent to Sell the Property

Xin Wang

(703) 409-5326 justinwangsells@gmail.com Realty Aspire Listed on: 04/29/2021

Last Buyer's Agent

Sergio & Sofia Garcia

(240) 994-8866 GarciasHomes@GMail.com Samson Properties License #649441

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,063

Year Built

  • Built in 1987

Lot Details

  • 2,140 Sq Ft Lot

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 160902549654

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, trash
  • Park Summit Codm Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,063

Year Built

Built in 1987

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 317.80
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 140
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • 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, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Refuse: 128.54
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 93.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Trash
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 205500.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2140.00
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13969122
  • Tax Annual Amount: 4063.00
  • Assessor Parcel Number: 160902549654
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 10, 2021
Sold by
Wang Bing
Bought by
Pinzon Luz Marina Cruz
Seller's Agent
Xin Wang
Realty Aspire
Buyer's Agent
Sergio & Sofia Garcia
Samson Properties
List Price
$419,500
Sold Price
$435,000
Premium/Discount to List
$15,500
3.69%
Current Estimated Value
$499,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,946
Avg. Annual Appreciation
3.23%
Original Mortgage
$427,121
Outstanding Balance
$386,705
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$113,241

Purchase Details

Closed on
Apr 28, 2014
Sold by
Wang Bing and Liu Zhuoyu
Bought by
Wang Bing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Kao Vivien F Rev Tr
Bought by
Wang Bing and Zhuoyu Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2007
Sold by
Kao Vivien F Rev Tr
Bought by
Wang Bing and Zhuoyu Liu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2001
Sold by
Kao Vivien Fen and Kao Wen K
Bought by
Kao Vivien F Rev Tr

Purchase Details

Closed on
Mar 30, 2000
Sold by
Nguyen Minh V
Bought by
Kao Vivien Fen and Kao Wen K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pinzon Luz Marina Cruz $435,000 Classic Settlements Inc
Wang Bing -- Kk Title & Escrow Inc
Wang Bing $330,000 --
Wang Bing $330,000 --
Kao Vivien F Rev Tr -- --
Kao Vivien Fen $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinzon Luz Marina Cruz $427,121
Previous Owner Wang Bing $227,500
Previous Owner Wang Bing $264,000
Previous Owner Wang Bing $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $435,000 +3.7% $239 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $419,500 0.0% $230 / Sq Ft
06/09/2018 06/09/18 Rented $2,000 +2.6% --
06/08/2018 06/08/18 Under Contract -- -- --
06/04/2018 06/04/18 For Rent $1,950 -- --
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 $4,774 $373,100 -- --
2024 $4,774 $349,300 $0 $0
2023 $3,741 $325,500 $120,000 $205,500
2022 $3,572 $319,500 $0 $0
2021 $3,512 $313,500 $0 $0
2020 $3,413 $307,500 $120,000 $187,500
2019 $3,372 $305,833 $0 $0
2018 $3,871 $304,167 $0 $0
2017 $3,215 $302,500 $0 $0
2016 $3,084 $284,767 $0 $0
2015 $3,084 $267,033 $0 $0
2014 $3,084 $249,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC755718

Bright MLS

APN: 09-02549654