NOT LISTED FOR SALE

720 Market St E Gaithersburg, MD 20878

Kentlands Neighborhood

Estimated Value: $774,286 - $841,000

3 Beds
3.5 Baths
1,996 Sq Ft
$399/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $550,000 $276 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,046/month

13 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Attic
  • Rachel Carson Elementary School Rated A
  • Main Floor Bedroom
  • Upgraded Countertops

About This Home

As of May 2019

Sale is part of a 1031 exchange. Owner is out of town until 4/17 and therefore will not be reviewing offers until then. HVAC one year old. New Refrigerator. New dishwasher. Microwave 15 months old. Original roof.

Last Agent to Sell the Property

Scott Langert

Better Realty, LLC. Listed on: 04/06/2019

Last Buyer's Agent

Gregory Phillips

Maryland Real Estate Brokers License #515455

Maryland Real Estate Brokers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 2000

Lot Details

  • 1,300 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,996 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Carpet
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Rachel Carson Elementary School
  • Lakelands Park Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • 60 Gallon+ Natural Gas Water Heater
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • Energy-Efficient Appliances
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 160903297116

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, snow removal
  • Comsource Management HOA, Phone Number (301) 924-7355
  • Lakelands Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,540

Year Built

Built in 2000

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See documents
  • Home Warranty: No
  • Inclusions: See documents
  • New Construction: No
  • Story List: Main
  • Year Built: 2000
  • Remarks Public: Sale is part of a 1031 exchange. Owner is out of town until 4/17 and therefore will not be reviewing offers until then. HVAC one year old. New Refrigerator. New dishwasher. Microwave 15 months old. Original roof.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Oven/Range - Gas, Washer
  • Interior Amenities: Attic, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1996
  • Living Area Sq Ft: 1996
  • Price Per Sq Ft: 270.04
  • Above Grade Finished Sq Ft: 1996
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 720

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Exterior Lighting, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 2
  • Garage Features: Garage - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 118.94
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Snow Removal
  • HOA Name: COMSOURCE MANAGEMENT
  • HOA Phone: 301 924-7355
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RACHEL CARSON
  • Middle School: LAKELANDS PARK
  • High School: QUINCE ORCHARD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: RACHEL CARSON
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: LAKELANDS PARK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 231100.00
  • Land Assessed Value: 300000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1300.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: MXD
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14079940
  • Tax Annual Amount: 6540.00
  • Assessor Parcel Number: 160903297116
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 1996
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/28/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 28, 2019
Sold by
Peralta Liliana
Bought by
Hitchman Elizabeth A
Seller's Agent
Scott Langert
Better Realty, LLC.
Buyer's Agent
Gregory Phillips
Maryland Real Estate Brokers
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Current Estimated Value
$796,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,072
Avg. Annual Appreciation
6.08%
Original Mortgage
$522,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Nelson Carl A and Nelson Debra N
Bought by
Peralta Liliana

Purchase Details

Closed on
Apr 17, 2001
Sold by
Gaithersburg Comm Assoc Llc
Bought by
Nelson Carl A and Nelson Debra N
Source: Public Records

Range of Values:

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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
Hitchman Elizabeth A $550,000 None Available
Peralta Liliana $385,000 --
Nelson Carl A $271,830 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitchman Elizabeth A $530,000
Closed Hitchman Elizabeth A $522,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $550,000 +2.0% $276 / Sq Ft
04/06/2019 04/06/19 For Sale $539,000 0.0% $270 / Sq Ft
05/20/2016 05/20/16 Rented $2,775 0.0% --
05/20/2016 05/20/16 Under Contract -- -- --
04/03/2016 04/03/16 For Rent $2,775 +0.9% --
12/06/2012 12/06/12 Rented $2,750 0.0% --
12/06/2012 12/06/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $2,750 -- --
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 $7,387 $574,000 -- --
2024 $7,387 $549,400 $0 $0
2023 $6,332 $524,800 $300,000 $224,800
2022 $6,158 $524,800 $300,000 $224,800
2021 $6,246 $524,800 $300,000 $224,800
2020 $6,294 $531,100 $300,000 $231,100
2019 $6,056 $513,167 $0 $0
2018 $6,540 $495,233 $0 $0
2017 $6,160 $477,300 $0 $0
2016 -- $451,633 $0 $0
2015 $5,734 $425,967 $0 $0
2014 $5,734 $400,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Langert

    Seller's Agent in 2019

    Scott Langert

    Better Realty, LLC.

    (240) 472-3949

    3 Total Sales

    Scott Langert
    Section Image
  • Gregory Phillips

    Buyer's Agent in 2019

    Gregory Phillips

    Maryland Real Estate Brokers

    (410) 977-0864

    41 Total Sales

    Gregory Phillips
    Section Image

  • J

    Seller's Agent in 2016

    Jean Fling

    Realty Advantage of Maryland LLC

    (301) 792-6427

    5 Total Sales

    Jean Fling
    Section Image

  • B

    Buyer's Agent in 2016

    Ben Montemayor

    Realty Local LLC

    (202) 361-6697

    Ben Montemayor
    Section Image
  • Robert Huzzy

    Buyer's Agent in 2012

    Robert Huzzy

    BHHS PenFed (actual)

    (301) 788-6600

    5 Total Sales

    Robert Huzzy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC650668

Bright MLS

APN: 09-03297116

Maryland Montgomery County Gaithersburg 20878 Kentlands

720 Market St E, Gaithersburg, MD

This home is located at 720 Market St E, Gaithersburg, MD 20878 since 06 April 2019 and is currently estimated at $796,072, approximately $398 per square foot. This property was built in 2000. 720 Market St E is a home located in Montgomery County with nearby schools including Rachel Carson Elementary School, Lakelands Park Middle School, and Quince Orchard High School.

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