NOT LISTED FOR SALE

7 Spring St Gaithersburg, MD 20877

Estimated Value: $400,000 - $488,000

3 Beds
2.5 Baths
1,948 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $338,000 $174 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,769/month

45 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Wood Fence
  • 1 Fireplace
  • Central Air
  • Heat Pump System

About This Home

As of May 2020

**PRICE IMPROVEMENT!** Welcome home to 7 Spring Street, a sunlight-filled charming brick front located on a tucked away cul-de-sac. You won't believe how spacious this move-in ready home is! Three levels of living feature 3 bedrooms (two master suites!) all with vaulted ceilings and huge walk in closets, and 2 & 1/2 baths. The main floor boasts a living room with beautiful wood floors, an updated kitchen with oak cabinets and center island, dining area, and a powder room. From the kitchen step out to a fully fenced backyard complete with a large patio, perfect for BBQs or just enjoying your morning coffee. On the second level you'll find an airy master suite, washer/dryer, and even more living space in the den/loft/family room that features a marble hearth wood burning fire place. Off the den you'll find a huge deck perfect for entertaining. The third level is where you'll find the second master suite as well as a third bedroom with 2 over-sized walk in closets. Located only minutes from 355 and 270, this bright and sunny home is a commuter's dream! You'll also find lots of shopping and dining options nearby. So come make this your home! The owner is offering a one year home warranty and a credit towards new carpets! No HOA!

Last Agent to Sell the Property

Jen Vo

(202) 731-0248 jenvo@kw.com Keller Williams Capital Properties Listed on: 03/10/2020

Keller Williams Capital Properties

Co-Listed By

Charles Carp

(301) 802-6674 charles.carp@compass.com Compass License #0225195157

Last Buyer's Agent

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1989

Lot Details

  • 2,221 Sq Ft Lot
  • Wood Fence

Parking

  • Parking Lot

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,948 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number 160902373534

Community Details

Overview

  • No Home Owners Association
  • Observatory Heights Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,874

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: microwave, garbage disposal, refrigerator, stove/oven, dishwasher, wash, dryer
  • New Construction: No
  • Story List: Main
  • Expected On Market: 3/10/2020 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 1948
  • Living Area Sq Ft: 1948
  • Price Per Sq Ft: 177.05
  • Above Grade Finished Sq Ft: 1948
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Wood
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2221.00
  • Zoning: RPT
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3874.00
  • Assessor Parcel Number: 160902373534
  • Tax Lot: 85
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
May 28, 2020
Sold by
Nguyen Long Hai
Bought by
Tunkel Ryan J and Eriksen Allison N
Seller's Agent
Jen Vo
Keller Williams Capital Properties
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$344,900
Sold Price
$338,000
Premium/Discount to List
-$6,900
-2%
Current Estimated Value
$451,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,595
Avg. Annual Appreciation
5.37%
Original Mortgage
$324,118
Outstanding Balance
$287,841
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$163,754

Purchase Details

Closed on
Dec 12, 2003
Sold by
Nelson Adrian V 2Nd & T S
Bought by
Nguyen Long Hai

Purchase Details

Closed on
Dec 29, 1993
Sold by
Jameson W T
Bought by
Nelson Adrian V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,720
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tunkel Ryan J $338,000 Rgs Ttl Of Bethesda T A Rgs
Nguyen Long Hai $220,000 --
Nguyen Long Hai $220,000 --
Nelson Adrian V $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunkel Ryan J $324,118
Previous Owner Nelson Adrian V $127,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2020 05/28/20 Sold $338,000 -2.0% $174 / Sq Ft
04/25/2020 04/25/20 Pending -- -- --
04/12/2020 04/12/20 For Sale $344,900 +2.0% $177 / Sq Ft
04/12/2020 04/12/20 Off Market $338,000 -- --
04/01/2020 04/01/20 Price Changed $344,900 -1.4% $177 / Sq Ft
03/23/2020 03/23/20 Price Changed $349,900 -1.2% $180 / Sq Ft
03/20/2020 03/20/20 Price Changed $354,000 -2.7% $182 / Sq Ft
03/10/2020 03/10/20 For Sale $364,000 -- $187 / 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 $4,811 $363,800 -- --
2024 $4,811 $349,000 $0 $0
2023 $3,895 $334,200 $120,000 $214,200
2022 $3,677 $325,267 $0 $0
2021 $3,580 $316,333 $0 $0
2020 $3,444 $307,400 $120,000 $187,400
2019 $3,183 $288,333 $0 $0
2018 $2,941 $269,267 $0 $0
2017 $2,783 $250,200 $0 $0
2016 -- $250,200 $0 $0
2015 $3,458 $250,200 $0 $0
2014 $3,458 $252,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC698244

Bright MLS

APN: 09-02373534