NOT LISTED FOR SALE

704 W Side Dr Gaithersburg, MD 20878

Estimated Value: $326,000 - $364,000

3 Beds
2.5 Baths
1,225 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $315,000 $257 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,550/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Level Entry For Accessibility
  • Central Air
  • Jones Lane Elementary School Rated A
  • Brick Front
  • Heat Pump System

About This Home

As of February 2024

Welcome to your new home !This stunning townhouse offers the perfect blend of modern convenience and comfortable living. With 3 spacious bedrooms and 2.5 bathrooms, this home is designed to cater to your every need. Conveniently located in Gaithersburg, this home provides easy access to nearby amenities, parks, shopping, dining, and transportation.
Don't miss this opportunity to own a beautiful townhouse in a sought-after neighborhood. Schedule a showing today and make this gem your own!

Last Agent to Sell the Property

Erick Guillermo

RE/MAX Excellence Realty Listed on: 11/30/2023

Last Buyer's Agent

David Zouhongbe

HomeSmart

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1971

Lot Details

  • 3,136

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Block Foundation
  • Brick Front

Interior Spaces

  • 1,225 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160900824975

Community Details

Overview

  • Association fees include exterior building maintenance, parking fee, water, common area maintenance
  • Brighton West Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,802

Year Built

Built in 1971

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-11-30
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1225
  • Living Area Sq Ft: 1225
  • Price Per Sq Ft: 273.47
  • Above Grade Finished Sq Ft: 1225
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 704

Beds/Baths

  • Bedrooms: 3
  • 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
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, On Street
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 341.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Parking Fee, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3802.00
  • Assessor Parcel Number: 160900824975
  • Tax Total Finished Sq Ft: 1225
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/23/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Feb 23, 2024
Sold by
Ramos Coreas Edgar O Ramos
Bought by
Nazir Kafrav Owais and Nazir Sadia Riaz
Seller's Agent
Erick Guillermo
RE/MAX Excellence Realty
Buyer's Agent
David Zouhongbe
HomeSmart
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%
Views
709
Current Estimated Value
$346,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,864
Avg. Annual Appreciation
4.57%
Original Mortgage
$283,500
Outstanding Balance
$280,161
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$55,946

Purchase Details

Closed on
Jul 8, 2004
Sold by
D'Anna Paul J
Bought by
Ramos Edgar O

Purchase Details

Closed on
May 18, 1998
Sold by
Welch Dorothy M
Bought by
D'Anna Paul J
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
Nazir Kafrav Owais $315,000 Quantum Title
Ramos Edgar O $227,000 --
Ramos Edgar O $227,000 --
D'Anna Paul J $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazir Kafrav Owais $283,500
Previous Owner Ramos Edgar O $241,200
Previous Owner Ramos Edgar O $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $315,000 -6.0% $257 / Sq Ft
12/26/2023 12/26/23 Price Changed $334,999 -1.5% $273 / Sq Ft
11/30/2023 11/30/23 For Sale $340,000 -- $278 / 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 $3,526 $250,000 $0 $0
2023 $3,802 $220,000 $66,000 $154,000
2022 $2,666 $211,667 $0 $0
2021 $2,153 $203,333 $0 $0
2020 $4,053 $195,000 $58,500 $136,500
2019 $3,920 $191,667 $0 $0
2018 $1,912 $188,333 $0 $0
2017 $1,729 $185,000 $0 $0
2016 $2,028 $170,000 $0 $0
2015 $2,028 $155,000 $0 $0
2014 $2,028 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2113866

Bright MLS

APN: 09-00824975