NOT LISTED FOR SALE

7 Mills Rd Gaithersburg, MD 20877

Estimated Value: $331,000 - $455,000

2 Beds
1 Bath
960 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $184,000 $192 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,488/month

Highlights

  • No HOA
  • Entry Slope Less Than 1 Foot
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen

About This Home

As of May 2015

This is a cozy one level, detached, single family home with two bedrooms and one bathroom. It features a huge backyard with plenty of room for play and use for entertainment and relaxation. This house also has easy access with a ramp to the back of the home. It is conveniently located near I-270, a major commuter route and the MARC train stop in Gaithersburg. This house is a big lot of land!

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 03/20/2015

Last Buyer's Agent

Victor Wang

(703) 606-7306 bmiwang@hotmail.com PM Management LLC License #MRIS:149275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,005

Year Built

  • Built in 1951

Lot Details

  • 7,300 Sq Ft Lot
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • Property has 1 Level
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Schools

  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Browns Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160900826996

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,005

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1951
  • Remarks Public: This is a cozy one level, detached, single family home with two bedrooms and one bathroom. It features a huge backyard with plenty of room for play and use for entertainment and relaxation. This house also has easy access with a ramp to the back of the home. It is conveniently located near I-270, a major commuter route and the MARC train stop in Gaithersburg. This house is a big lot of land!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Vinyl Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 107.60
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Improvement Assessed Value: 69700.00
  • Land Assessed Value: 148900.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7300
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7300.00
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13942161
  • Tax Annual Amount: 3004.83
  • Assessor Parcel Number: 160900826996
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/11/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 14, 2015
Sold by
Fannie Mae
Bought by
Zhang Weizhi Jason and Lin Xiangmei
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Victor Wang
PM Management LLC
List Price
$209,900
Sold Price
$184,000
Premium/Discount to List
-$25,900
-12.34%
Current Estimated Value
$406,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,565
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 20, 2013
Sold by
Mclean Bettie A and Mclean Bettie A
Bought by
Bank Of American Na

Purchase Details

Closed on
Jul 19, 2005
Sold by
Delph Charles C and Delph B R
Bought by
Jones Harold C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2005
Sold by
Delph Charles C and Delph B R
Bought by
Jones Harold C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving
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
Zhang Weizhi Jason $184,000 First American Title Ins Co
Federal National Mortgage Association -- None Available
Bank Of American Na $737,428 None Available
Jones Harold C $359,900 --
Jones Harold C $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Harold C $71,900
Previous Owner Jones Harold C $287,920
Previous Owner Jones Harold C $287,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $184,000 -3.1% $192 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
03/31/2015 03/31/15 Price Changed $189,900 -9.5% $198 / Sq Ft
03/20/2015 03/20/15 For Sale $209,900 -- $219 / 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 $3,998 $312,833 -- --
2024 $3,998 $293,967 $0 $0
2023 $3,032 $275,100 $163,400 $111,700
2022 $476 $265,000 $0 $0
2021 $2,557 $254,900 $0 $0
2020 $2,557 $244,800 $148,900 $95,900
2019 $1,085 $244,800 $148,900 $95,900
2018 $2,543 $244,800 $148,900 $95,900
2017 $3,306 $246,700 $0 $0
2016 -- $237,333 $0 $0
2015 $3,494 $227,967 $0 $0
2014 $3,494 $218,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madlin Mahdawi

    Seller's Agent in 2015

    Madlin Mahdawi

    Independent Realty, Inc

    (301) 785-3300

    1 in this area

    34 Total Sales

    Madlin Mahdawi
    Section Image

  • V

    Buyer's Agent in 2015

    Victor Wang

    PM Management LLC

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002315727

Bright MLS

APN: 09-00826996

Maryland Montgomery County Gaithersburg 20877

7 Mills Rd, Gaithersburg, MD

This home is located at 7 Mills Rd, Gaithersburg, MD 20877 since 20 March 2015 and is currently estimated at $406,565, approximately $423 per square foot. This property was built in 1951. 7 Mills Rd is a home located in Montgomery County with nearby schools including Forest Oak Middle School, Gaithersburg High School, and St Martin Of Tours School.

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