Seller's Agent in 2021
James Wu
Compass
(301) 674-3030
3 in this area
71 Total Sales
7 Turnham Ln Gaithersburg, MD 20878
Shady Grove NeighborhoodEstimated Value: $823,905 - $889,000
4
Beds
2.5
Baths
2,240
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- 0.32 Acre Lot
- Colonial Architecture
- No HOA
- DuFief Elementary Rated A
- 1 Fireplace
- Community Pool
About This Home
As of November 2021Beautiful 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
(301) 674-3030 jameswuteam@compass.com Compass License #0225205230 Listed on: 07/15/2021
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
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%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,976
Avg. Annual Appreciation
6.20%
Original Mortgage
$667,683
Outstanding Balance
$611,816
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$256,160
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $8,851 | $711,533 | -- | -- |
| 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
-
Steven Chang
Seller Co-Listing Agent in 2021
Steven Chang
Compass
(240) 393-3828
2 in this area
34 Total Sales
-
Wendy Gadson
Buyer's Agent in 2021
Wendy Gadson
Long & Foster
(202) 445-0226
1 in this area
63 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2004512
APN: 09-01522171
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