NOT LISTED FOR SALE

72 State Ct Gaithersburg, MD 20877

Estimated Value: $245,000 - $329,000

3 Beds
2.5 Baths
1,286 Sq Ft
$234/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $125,000 $97 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,005/month

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Dining Area
  • Tennis Courts

About This Home

As of January 2013

Great opportunity to own in Gaithersburg! This townhouse style condominium is a great place to start with 3 spacious bedrooms and 2 full baths on the upper level! French doors in your dining area lead to a large deck for entertaining. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 12/04/2012

Last Buyer's Agent

Edward Thomas

(240) 476-1722 thomae1@msn.com Fathom Realty MD, LLC

Fathom Realty MD, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1974

Lot Details

  • Two or More Common Walls

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,286 Sq Ft Home
  • Property has 2 Levels
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160901639737

Community Details

Overview

  • Association fees include management, insurance, parking fee, reserve funds, snow removal, trash, water
  • Newport Est Community
  • Newport Estates Subdivision
  • The community has rules related to commercial vehicles not allowed

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,993

Year Built

Built in 1974

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1974
  • Remarks Public: Great opportunity to own in Gaithersburg! This townhouse style condominium is a great place to start with 3 spacious bedrooms and 2 full baths on the upper level! French doors in your dining area lead to a large deck for entertaining. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Mortgage Financing.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Townhouse
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1286
  • Living Area Sq Ft: 1286
  • Price Per Sq Ft: 104.59
  • Above Grade Finished Sq Ft: 1286
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 72

Beds/Baths

  • Bedrooms: 3
  • 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: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 127.37
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 162.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Year Assessed: 2012
  • Zoning: RPT
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13949429
  • Tax Annual Amount: 1993.01
  • Assessor Parcel Number: 160901639737
  • Tax Total Finished Sq Ft: 1286
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 01/04/2013

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
Jan 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Abarjel Sharone
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Edward Thomas
Fathom Realty MD, LLC
List Price
$134,500
Sold Price
$125,000
Premium/Discount to List
-$9,500
-7.06%
Current Estimated Value
$301,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,452
Avg. Annual Appreciation
7.11%

Purchase Details

Listed on
Dec 4, 2012
Closed on
Dec 7, 2012
Sold by
Mejia Ana C and Mejia Celin A
Bought by
Federal National Mortgage Association
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Edward Thomas
Fathom Realty MD, LLC
List Price
$134,500
Sold Price
$125,000
Premium/Discount to List
-$9,500
-7.06%

Purchase Details

Closed on
Jul 16, 2007
Sold by
Urias Julia
Bought by
Mejia Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2007
Sold by
Urias Julia
Bought by
Mejia Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2004
Sold by
Odubayo Idowu O
Bought by
Urias Julia

Purchase Details

Closed on
May 20, 2004
Sold by
Taylor Sharon G
Bought by
Odubayo Idowu O

Purchase Details

Closed on
Apr 26, 2004
Sold by
Taylor Sharon G
Bought by
Odubayo Idowu O
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abarjel Sharone $125,000 Fidelity Natl Title Ins Co
Federal National Mortgage Association $311,000 None Available
Mejia Ana C $279,000 --
Mejia Ana C $279,000 --
Urias Julia $214,000 --
Odubayo Idowu O $169,900 --
Odubayo Idowu O $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mejia Ana C $279,000
Previous Owner Mejia Ana C $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $125,000 -7.1% $97 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $134,500 -- $105 / 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 $2,992 $225,000 -- --
2024 $2,992 $205,000 $0 $0
2023 $2,708 $185,000 $55,500 $129,500
2022 $2,183 $173,333 $0 $0
2021 $0 $161,667 $0 $0
2020 $0 $150,000 $45,000 $105,000
2019 $2,183 $150,000 $45,000 $105,000
2018 $2,169 $150,000 $45,000 $105,000
2017 $2,155 $150,000 $0 $0
2016 $1,729 $146,667 $0 $0
2015 $1,729 $143,333 $0 $0
2014 $1,729 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004233268

Bright MLS

APN: 09-01639737