NOT LISTED FOR SALE

7 Turnham Ln Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $867,000 - $890,212

4 Beds
2.5 Baths
2,240 Sq Ft
$394/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $680,000 $304 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,698/month

67 Days on Market

Highlights

  • 0.32 Acre Lot
  • Colonial Architecture
  • No HOA
  • DuFief Elementary Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of November 2021

Beautiful single-family home in Wootton School District / 4 bedrooms / 2.5 baths / energy efficient home / 10 to 12 inch insulation in the attic / energy efficient windows and doors / new insulated sidings / new roof and gutters / beautiful professional landscaping.

Motivated Seller

Last Agent to Sell the Property

James Wu

Compass License #0225205230 Listed on: 07/15/2021

Compass

Co-Listed By

Steven Chang

Compass

Last Buyer's Agent

Wendy Gadson

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,647

Year Built

  • Built in 1974

Lot Details

  • 0.32 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,240 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Basement Windows

Schools

  • Dufief Elementary School
  • Robert Frost Middle School
  • Thomas S. Wootton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 160901522171

Community Details

Overview

  • No Home Owners Association
  • Westleigh Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,647

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-07-15
  • Year Built: 1974
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful single-family home in Wootton School District / 4 bedrooms / 2.5 baths / energy efficient home / 10 to 12 inch insulation in the attic / energy efficient windows and doors / new insulated sidings / new roof and gutters / beautiful professional landscaping. Motivated Seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Unfinished, Walkout Level, Windows
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 312.46
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • 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
  • Elementary School: DUFIEF
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: DUFIEF
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 264500.00
  • Land Assessed Value: 303700.00
  • Land Use Code: 011
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13783.00
  • Year Assessed: 2021
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13946214
  • Tax Annual Amount: 7647.00
  • Assessor Parcel Number: 160901522171
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 2240
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2021
  • Close Date: 11/15/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 15, 2021
Sold by
Chi Christina H and Chi Donald N
Bought by
Bailey Christopher M and Bailey Erica J
Seller's Agent
James Wu
Compass
Buyer's Agent
Wendy Gadson
Long & Foster Real Estate, Inc.
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Total Days on Market
67
Current Estimated Value
$883,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,553
Avg. Annual Appreciation
6.98%
Original Mortgage
$667,683
Outstanding Balance
$618,203
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$246,391

Purchase Details

Closed on
Sep 3, 2016
Sold by
Chi Donald N H and Chi Christina H
Bought by
Chi Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,300
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2007
Sold by
Chi Donald N
Bought by
Chi Donald N H Tr

Purchase Details

Closed on
Jan 15, 2007
Sold by
Chi Donald N
Bought by
Chi Donald N H Tr
Source: Public Records

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Range of Values:

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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
Bailey Christopher M $680,000 Rgs Title Llc
Chi Donald -- None Available
Chi Christine H -- None Available
Chi Donald N H Tr -- --
Chi Donald N H Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Christopher M $667,683
Previous Owner Chi Christine H $303,300
Previous Owner Chi Donald N H $442,400
Previous Owner Chi Donald N H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $680,000 -2.8% $304 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $699,900 +0.1% $312 / Sq Ft
08/19/2021 08/19/21 Price Changed $699,000 -6.8% $312 / Sq Ft
07/15/2021 07/15/21 For Sale $750,000 -- $335 / 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
2024 $8,851 $654,467 $0 $0
2023 $8,753 $597,400 $303,700 $293,700
2022 $7,046 $587,667 $0 $0
2021 $6,955 $577,933 $0 $0
2020 $13,598 $568,200 $303,700 $264,500
2019 $6,789 $568,200 $303,700 $264,500
2018 $6,804 $568,200 $303,700 $264,500
2017 $7,026 $614,100 $0 $0
2016 $6,076 $569,600 $0 $0
2015 $6,076 $525,100 $0 $0
2014 $6,076 $480,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wu

    Seller's Agent in 2021

    James Wu

    Compass

    (301) 674-3030

    3 in this area

    87 Total Sales

    James Wu
    Section Image
  • Steven Chang

    Seller Co-Listing Agent in 2021

    Steven Chang

    Compass

    (240) 393-3828

    2 in this area

    41 Total Sales

    Steven Chang
    Section Image
  • Wendy Gadson

    Buyer's Agent in 2021

    Wendy Gadson

    Long & Foster

    (202) 445-0226

    1 in this area

    67 Total Sales

    Wendy Gadson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2004512

Bright MLS

APN: 09-01522171

Maryland Montgomery County Gaithersburg 20878 Shady Grove

7 Turnham Ln, Gaithersburg, MD

This home is located at 7 Turnham Ln, Gaithersburg, MD 20878 since 15 July 2021 and is currently estimated at $883,553, approximately $394 per square foot. This property was built in 1974. 7 Turnham Ln is a home located in Montgomery County with nearby schools including DuFief Elementary, Robert Frost Middle School, and Thomas S. Wootton High School.

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