NOT LISTED FOR SALE

7103 Old Gate Rd Rockville, MD 20852

Estimated Value: $1,177,000 - $1,247,000

5 Beds
2.5 Baths
2,740 Sq Ft
$444/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $875,000 $319 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,502/month

3 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Traditional Floor Plan
  • Farmland Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2018

Take another look!Must see! Freshly painted,renov.5BR colonial w/2 car gar. Largest model! Chef's kitchen w/Thermador 48in range, granite, FR w/ gas frpl, butler's pantry,LR w/frpl,DR w/bay window,home office, mstr suite w/dressing rm,WI closets, bath w/jetted tub,screened porch w/brick floor,deck,fenced rear,wide side yard. Ideal location a block from Farmland ES,close to swim club. Open 3/25 2-4

Last Agent to Sell the Property

Kyle Richards

Compass Listed on: 03/24/2018

Compass

Last Buyer's Agent

Cara Pearlman

Compass License #225180603

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,257

Year Built

  • Built in 1970

Lot Details

  • 9,505 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Connecting Stairway
  • Exterior Basement Entry
  • Shelving
  • Space For Rooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Screened Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Fiber Optics Available

Community Details

  • No Home Owners Association
  • Old Farm Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 11
  • Assessor Parcel Number 160400111763

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,257

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1970
  • Remarks Public: Take another look!Must see! Freshly painted,renov.5BR colonial w/2 car gar. Largest model! Chef's kitchen w/Thermador 48in range, granite, FR w/ gas frpl, butler's pantry,LR w/frpl,DR w/bay window,home office, mstr suite w/dressing rm,WI closets, bath w/jetted tub,screened porch w/brick floor,deck,fenced rear,wide side yard. Ideal location a block from Farmland ES,close to swim club. Open 3/25 2-4
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Double, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Combination Kitchen/Living, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Whirlpool/Hottub, Wood Floors, Wet/Dry Bar, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Bay/Bow, Skylights
  • Fireplace Features: Gas/Propane, Mantel(s), Screen
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass, Six Panel
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Foyer, Study
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Shelving, Space For Rooms, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2740
  • Living Area Sq Ft: 2740
  • Price Per Sq Ft: 328.10
  • Above Grade Finished Sq Ft: 2740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7103

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 323600.00
  • Land Assessed Value: 352800.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9505
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9505.00
  • Outdoor Living Structures: Deck(s), Screened
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13813842
  • Tax Annual Amount: 8257.20
  • Assessor Parcel Number: 160400111763
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 2640
  • Tax Year: 2017
  • Close Date: 04/27/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2018
Closed on
Apr 27, 2018
Sold by
Schwartz Allan and The Allan Schwartz Revocable T
Bought by
Martinich Jeremy and Martinich Elizabeth
Seller's Agent
Kyle Richards
Compass
Buyer's Agent
Cara Pearlman
Compass
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Current Estimated Value
$1,217,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,116
Avg. Annual Appreciation
4.61%
Original Mortgage
$455,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Schwartz Allan and Schwartz June Carolyne
Bought by
Schwartz Allan and Allen Schwartz Revocable Trust
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
Martinich Jeremy $875,000 Title Town Settlement Lc
Schwartz Allan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinich Jeremy $462,000
Closed Martinich Jeremy $460,000
Closed Martinich Jeremy $455,000
Previous Owner Schwartz Allan $273,700
Previous Owner Schwartz Allen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $875,000 -2.7% $319 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $899,000 -- $328 / 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 $10,434 $937,033 -- --
2024 $10,434 $867,500 $468,400 $399,100
2023 $9,701 $865,633 $0 $0
2022 $9,247 $863,767 $0 $0
2021 $9,169 $861,900 $446,200 $415,700
2020 $8,635 $815,467 $0 $0
2019 $8,106 $769,033 $0 $0
2018 $7,600 $722,600 $405,600 $317,000
2017 $7,565 $707,200 $0 $0
2016 -- $691,800 $0 $0
2015 $6,794 $676,400 $0 $0
2014 $6,794 $675,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000303360

Bright MLS

APN: 04-00111763