NOT LISTED FOR SALE

654 Coral Reef Dr Gaithersburg, MD 20878

Estimated Value: $406,611 - $497,000

3 Beds
2.5 Baths
1,320 Sq Ft
$341/Sq Ft Est. Value

Highlights

  • Forced Air Heating System
  • Fields Road Elementary School Rated A-
  • Ceiling Fan

About This Home

As of July 2024

Lovely 3BR/2.5BA Townhome in Park Summit! The main level has hardwood flooring that matches the white walls. The living room is very spacious and it comes with great natural lighting! There's a separate dining area with a classy light fixture, an eat-in kitchen w/ a breakfast bar and the kitchen has a solid countertop and brown cabinetry that matches the stainless steel stove and white dishwasher & refrigerator! There's also a half bathroom on the main level, perfect when you're having guests! The upper level has 3 spacious bedrooms and a full bathroom. The basement of this lovely home is also fully finished, and tiled, laundry area with a ready-to-use washer/dryer and a full bathroom. This home also comes with an ample backyard that is perfect for entertainment or gatherings! The community of this home has amenities such as a pool, playground, and tennis court! Enjoy the peaceful neighborhood.

Pets are welcome with additional pet deposit.

Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.

All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Last Agent to Rent the Property

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/19/2024

Last Renter's Agent

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/19/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1990

Lot Details

  • 2,200 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Quince Orchard High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,350
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/4/24
  • Assessor Parcel Number 160902705202

Community Details

Overview

  • $40 Other Monthly Fees
  • Park Summit Codm Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit Required

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,383

Year Built

Built in 1990

Lot Details

0

Rental Info

  • Date Available: 2024-09-04
  • Pets: Pet Addendum/Deposit
  • Pets Allowed: Yes
  • Security Deposit: 2350.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1990
  • Remarks Public: Lovely 3BR/2.5BA Townhome in Park Summit! The main level has hardwood flooring that matches the white walls. The living room is very spacious and it comes with great natural lighting! There's a separate dining area with a classy light fixture, an eat-in kitchen w/ a breakfast bar and the kitchen has a solid countertop and brown cabinetry that matches the stainless steel stove and white dishwasher & refrigerator! There's also a half bathroom on the main level, perfect when you're having guests! The upper level has 3 spacious bedrooms and a full bathroom. The basement of this lovely home is also fully finished, and tiled, laundry area with a ready-to-use washer/dryer and a full bathroom. This home also comes with an ample backyard that is perfect for entertainment or gatherings! The community of this home has amenities such as a pool, playground, and tennis court! Enjoy the peaceful neighborhood. Pets are welcome with additional pet deposit. Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check. All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 1.78
  • Above Grade Finished Sq Ft: 1320
  • Below Grade Sq Ft: 640
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 654

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • 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: Brick, Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Fees: 39.95
  • Other Fees Frequency: Monthly

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: QUINCE ORCHARD
  • High School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • High School: QUINCE ORCHARD

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2200.00
  • Zoning: R20

Tax Info

  • Assessor Parcel Number: 160902705202
  • Tax Total Finished Sq Ft: 1320
  • Close Date: 07/19/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2010
Sold by
Lim Young B
Bought by
Lim Young Been and Yip Karen May Yue
Current Estimated Value
$449,903

Purchase Details

Closed on
Jan 4, 2001
Sold by
Yeh Yih and Yeh Jung
Bought by
Lim Young B
Source: Public Records

Range of Values:

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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
Lim Young Been -- --
Lim Young B $135,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Rented $2,350 0.0% --
07/19/2024 07/19/24 For Rent $2,350 +6.8% --
08/08/2022 08/08/22 Rented $2,200 0.0% --
08/03/2022 08/03/22 For Rent $2,200 -- --
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 $4,383 $336,233 -- --
2024 $4,383 $319,267 $0 $0
2023 $0 $302,300 $120,000 $182,300
2022 $3,975 $296,600 $0 $0
2021 $1,912 $290,900 $0 $0
2020 $3,824 $285,200 $120,000 $165,200
2019 $3,786 $283,867 $0 $0
2018 $3,773 $282,533 $0 $0
2017 $3,800 $281,200 $0 $0
2016 $3,988 $265,533 $0 $0
2015 $3,988 $249,867 $0 $0
2014 $3,988 $234,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2140902

Bright MLS

APN: 09-02705202