NOT LISTED FOR SALE

7015 Cypress Hill Dr Gaithersburg, MD 20879

Estimated Value: $1,019,000 - $1,116,000

5 Beds
4.5 Baths
4,686 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $681,000 $145 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,562/month

Highlights

  • Open Floorplan
  • Dual Staircase
  • Wood Flooring
  • Col. Zadok Magruder High School Rated A-
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of November 2016

Prior offer fell thru - ignore DOM. Huge house with great potential on 2 Acre lot. Must have loan pre approval or proof of funds if cash.

Last Agent to Sell the Property

Bill Stein

billstein38@gmail.com Weichert, REALTORS Listed on: 01/13/2016

Co-Listed By

Janice Fife

(301) 254-5825 janicefife46@gmail.com Weichert, REALTORS License #98003

Last Buyer's Agent

Naresh Mahajan

(202) 321-0590 naresh@nareshmahajan.com Fathom Realty MD, LLC License #528814

Fathom Realty MD, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,770

Year Built

  • Built in 2004

Lot Details

  • 2 Acre Lot
  • Property is in below average condition
  • Property is zoned RE2

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,686 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Dual Staircase
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring
  • Finished Basement
  • Rear Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Schools

  • Judith A. Resnik Elementary School
  • Redland Middle School
  • Col. Zadok Magruder High School

Utilities

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

Community Details

  • Brookefield Subdivision

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 160103403854

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,770

Year Built

Built in 2004

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2004
  • Remarks Public: Prior offer fell thru - ignore DOM. Huge house with great potential on 2 Acre lot. Must have loan pre approval or proof of funds if cash.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Double/Dual Staircase, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4686
  • Living Area Sq Ft: 4686
  • Price Per Sq Ft: 144.05
  • Above Grade Finished Sq Ft: 4686
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7015

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • 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: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 245.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JUDITH A. RESNIK
  • Middle School: REDLAND
  • High School: COL. ZADOK MAGRUDER
  • School District Key: 121138126809
  • Elementary School: JUDITH A. RESNIK
  • High School: COL. ZADOK MAGRUDER
  • Middle Or Junior School: REDLAND

Lot Info

  • Improvement Assessed Value: 422000.00
  • Land Assessed Value: 396000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Year Assessed: 2016
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14089330
  • Tax Annual Amount: 8769.74
  • Assessor Parcel Number: 160103403854
  • Tax Lot: 77
  • Tax Total Finished Sq Ft: 4686
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/22/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Nov 16, 2016
Sold by
Hsbc Usa Bank Na
Bought by
Singh Sally K
Seller's Agent
Bill Stein
Weichert, REALTORS
Buyer's Agent
Naresh Mahajan
Fathom Realty MD, LLC
List Price
$699,000
Sold Price
$681,000
Premium/Discount to List
-$18,000
-2.58%
Current Estimated Value
$1,064,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,334
Avg. Annual Appreciation
5.16%
Original Mortgage
$485,000
Outstanding Balance
$390,594
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$673,740

Purchase Details

Closed on
Apr 17, 2015
Sold by
Mazhar Asim and Waqar Ahmed
Bought by
Hsbc Bank Usa National Assocition

Purchase Details

Closed on
Aug 19, 2011
Sold by
Mazhar Asim
Bought by
Khan Safdar H

Purchase Details

Closed on
Oct 2, 2006
Sold by
Qaisrani Sardar I
Bought by
Asim Mazhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2006
Sold by
Qaisrani Sardar I
Bought by
Asim Mazhar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,000
Interest Rate
6.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2004
Sold by
Winchester Homes Inc
Bought by
Qaisrani Sardar I
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
Singh Sally K $681,000 None Available
Hsbc Bank Usa National Assocition $644,300 None Available
Khan Safdar H -- None Available
Asim Mazhar -- --
Asim Mazhar -- --
Qaisrani Sardar I $819,600 --
Qaisrani Sardar I $819,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Sally K $485,000
Previous Owner Asim Mazhar $956,000
Previous Owner Asim Mazhar $956,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $681,000 +0.9% $145 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $675,000 -3.4% $144 / Sq Ft
09/01/2016 09/01/16 For Sale $699,000 0.0% $149 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/13/2016 01/13/16 Price Changed $699,000 -0.1% $149 / Sq Ft
01/13/2016 01/13/16 For Sale $699,999 -- $149 / 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 $10,514 $927,467 -- --
2024 $10,514 $856,633 $0 $0
2023 $8,970 $785,800 $264,000 $521,800
2022 $8,424 $772,933 $0 $0
2021 $8,043 $760,067 $0 $0
2020 $8,043 $747,200 $264,000 $483,200
2019 $8,021 $747,200 $264,000 $483,200
2018 $8,028 $747,200 $264,000 $483,200
2017 $8,975 $818,000 $0 $0
2016 $8,812 $784,433 $0 $0
2015 $8,812 $750,867 $0 $0
2014 $8,812 $717,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002397141

Bright MLS

APN: 01-03403854