NOT LISTED FOR SALE

7111 Stratos Ln Gaithersburg, MD 20879

Estimated Value: $1,019,000 - $1,171,000

4 Beds
3.5 Baths
5,873 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $759,000 $129 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,534/month

Highlights

  • Colonial Architecture
  • Attic
  • Breakfast Area or Nook
  • Col. Zadok Magruder High School Rated A-
  • 1 Fireplace
  • 2 Car Detached Garage

About This Home

As of November 2018

Former Model home, brick front. Two story foyer with tile floor spreading through kitchen & sunroom and Hardwood floor on the main level. Triple zone heating and air conditioning. Double staircases. Gourmet kitchen, Study, Side entry garage. Master bedroom w/sitting area, tray ceiling, two walk-in closets, Big corner lot, Private backyard; custom made deck, New Roof, total Sqf 5,973

Last Agent to Sell the Property

Sandra Marin

(703) 981-7742 sandrapatriciamarin@yahoo.com Golden Key Realty, LLC License #0225073607 Listed on: 09/22/2018

Co-Listed By

Saadat Rana

(703) 338-3147 ranasaadat@yahoo.com Golden Key Realty, LLC License #0225089238

Last Buyer's Agent

Sandra Marin

(703) 981-7742 sandrapatriciamarin@yahoo.com Golden Key Realty, LLC License #0225073607 Listed on: 09/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,402

Year Built

  • Built in 2000

Lot Details

  • 0.47 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

HOA Fees

  • $58 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 5,873 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Breakfast Area or Nook
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Judith A. Resnik Elementary School
  • Redland Middle School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • Redland Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160103265474

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,402

Year Built

Built in 2000

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2000
  • Remarks Public: Former Model home, brick front. Two story foyer with tile floor spreading through kitchen & sunroom and Hardwood floor on the main level. Triple zone heating and air conditioning. Double staircases. Gourmet kitchen, Study, Side entry garage. Master bedroom w/sitting area, tray ceiling, two walk-in closets, Big corner lot, Private backyard; custom made deck, New Roof, total Sqf 5,973
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Attic, Dining Area, Breakfast Area, Family Room Off Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Fully Finished, Walkout Level, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 5873
  • Living Area Sq Ft: 5873
  • Price Per Sq Ft: 135.37
  • Above Grade Finished Sq Ft: 5873
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7111

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Roof: Asphalt
  • 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: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Smoke Detector, Security System, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58.00
  • HOA Fee Frequency: Monthly
  • 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
  • School District Key: 121138126809
  • Elementary School: JUDITH A. RESNIK
  • Middle Or Junior School: REDLAND

Lot Info

  • Improvement Assessed Value: 446500.00
  • Land Assessed Value: 263100.00
  • Lot Size Acres: 0.47
  • Lot Size Area: 20411
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20411.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14077399
  • Tax Annual Amount: 8401.53
  • Assessor Parcel Number: 160103265474
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 3590
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 11/15/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2018
Closed on
Nov 16, 2018
Sold by
Fairlakes Llc
Bought by
Jabeen Afsha and Islam Ifteoar Ahmed Nazeer Ul
Seller's Agent
Sandra Marin
Golden Key Realty, LLC
Buyer's Agent
Sandra Marin
Golden Key Realty, LLC
List Price
$803,000
Sold Price
$759,000
Premium/Discount to List
-$44,000
-5.48%
Current Estimated Value
$1,064,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,742
Avg. Annual Appreciation
5.03%
Original Mortgage
$678,787
Outstanding Balance
$596,857
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$467,885

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 23, 2018
Sold by
Us Bank N A
Bought by
Fairlakes Llc
Seller's Agent
keith tate
Smart Realty, LLC
Buyer's Agent
Rana Saadat
Golden Key Realty, LLC
List Price
$710,000
Sold Price
$614,250
Premium/Discount to List
-$95,750
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.00%
Original Mortgage
$496,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2018
Sold by
Lash Richard A and Bedford Barry K
Bought by
Us Bank National Association and Gsr Mortgage Loan

Purchase Details

Closed on
Aug 12, 2005
Sold by
Mirzaie Mehdi G and Mirzaie F
Bought by
Mejia Jose G and Mejia Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2001
Sold by
Redland Comm Ltd Ptnshp
Bought by
Mirzaie Mehdi G and Mirzaie F
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
Jabeen Afsha $759,000 None Available
Fairlakes Llc $614,250 Gemini Title & Escrow
Us Bank National Association $870,694 None Available
Mejia Jose G $990,000 --
Mirzaie Mehdi G $569,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jabeen Afsha $678,787
Previous Owner Fairlakes Llc $496,000
Previous Owner Mejia Jose G $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2018 11/15/18 Sold $759,000 -4.5% $129 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $795,000 -1.0% $135 / Sq Ft
09/22/2018 09/22/18 For Sale $803,000 +30.7% $137 / Sq Ft
07/05/2018 07/05/18 Sold $614,250 -13.5% $171 / Sq Ft View Prior Sale
05/16/2018 05/16/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $710,000 -- $198 / 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 $9,699 $868,367 -- --
2024 $9,699 $791,833 $0 $0
2023 $9,479 $715,300 $241,600 $473,700
2022 $7,708 $713,400 $0 $0
2021 $7,624 $711,500 $0 $0
2020 $7,574 $709,600 $263,100 $446,500
2019 $7,555 $709,600 $263,100 $446,500
2018 $7,839 $709,600 $263,100 $446,500
2017 $7,797 $710,100 $0 $0
2016 -- $703,733 $0 $0
2015 $6,876 $697,367 $0 $0
2014 $6,876 $691,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1006229852

Bright MLS

APN: 01-03265474