7 Park Ave Gaithersburg, MD 20877
Estimated Value: $902,768
Studio
--
Bath
1,500
Sq Ft
$602/Sq Ft
Est. Value
About This Home
This home is located at 7 Park Ave, Gaithersburg, MD 20877 and is currently estimated at $902,768, approximately $601 per square foot. 7 Park Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2020
Sold by
Premiere Venture Llc
Bought by
Highlander Real Estate Management Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$460,534
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$442,234
Purchase Details
Closed on
Oct 4, 2018
Sold by
Selig Miriam F and The Miriam F Selig Revocable L
Bought by
Premiere Venture Llc
Purchase Details
Closed on
Oct 21, 2005
Sold by
Selig Miriam F
Bought by
Selig Miriam F Trustee
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Highlander Real Estate Management Llc | $650,000 | First American Title Ins Co | |
| Premiere Venture Llc | $240,000 | First American Title Ins Co | |
| Selig Miriam F Trustee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Highlander Real Estate Management Llc | $520,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,272 | $689,667 | -- | -- |
| 2024 | $9,272 | $665,533 | $0 | $0 |
| 2023 | $8,920 | $641,400 | $186,200 | $455,200 |
| 2022 | $7,273 | $528,433 | $0 | $0 |
| 2021 | $5,870 | $415,467 | $0 | $0 |
| 2020 | $4,358 | $302,500 | $186,200 | $116,300 |
| 2019 | $4,346 | $300,833 | $0 | $0 |
| 2018 | $4,306 | $299,167 | $0 | $0 |
| 2017 | $3,899 | $297,500 | $0 | $0 |
| 2016 | -- | $295,633 | $0 | $0 |
| 2015 | $4,426 | $293,767 | $0 | $0 |
| 2014 | $4,426 | $291,900 | $0 | $0 |
Source: Public Records
Map
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