NOT LISTED FOR SALE

7224 Barcellona Dr Gaithersburg, MD 20879

Estimated Value: $738,000 - $873,000

4 Beds
2.5 Baths
2,416 Sq Ft
$331/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $518,000 $214 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,898/month

153 Days on Market

Highlights

  • Horses Allowed On Property
  • Colonial Architecture
  • Mud Room
  • Col. Zadok Magruder High School Rated A-
  • 2 Fireplaces
  • No HOA

About This Home

As of January 2015

4 bedroom, 2 1/2 bath, 2 car garage with 2 acres.New neutral paint inside the house, exterior shutters, trim, & windows. New floor in basement and hall bath, new carpet upstairs and new back door in laundry room. Updated HVAC unit, Sliding doors, roof , siding,gutters, Kitchen, appliances in kitchen, garage door, patio in back, enclosed deck, water softener, retaining wall. HMS warranty included.

Last Agent to Sell the Property

Christine Minutoli

Samson Properties License #sp98363252 Listed on: 07/02/2014

Samson Properties

Last Buyer's Agent

Muzaffar Mumtaz

First American Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1981

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Mud Room
  • Dining Area
  • Game Room
  • Workshop
  • Utility Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Partially Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Side Basement Entry
  • Sump Pump

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Screened Patio
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 160102022372

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,429

Year Built

Built in 1981

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
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Game Room, Laundry, Mud Room, Utility Room, Workshop
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Partially Finished, Sump Pump, Heated
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • 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: Gravel Driveway, Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Horse Amenities: Horses Allowed
  • Improvement Assessed Value: 126500.00
  • Land Assessed Value: 316800.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Patio(s), Screened
  • Year Assessed: 2014
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13787378
  • Tax Annual Amount: 5428.94
  • Assessor Parcel Number: 160102022372
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 01/28/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2015
Sold by
Farooq Jan
Bought by
Farooq Jan and Farooq Seema Jan
Current Estimated Value
$800,343

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jan 22, 2015
Sold by
Vande Verg Nathaniel Eric and Vande Van De
Bought by
Farooq Jan
Seller's Agent
Christine Minutoli
Samson Properties
Buyer's Agent
Muzaffar Mumtaz
First American Real Estate
List Price
$649,800
Sold Price
$518,000
Premium/Discount to List
-$131,800
-20.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$318,000
Outstanding Balance
$245,519
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$553,316

Purchase Details

Closed on
Apr 8, 1992
Bought by
Vande Verg Nathaniel E and Vande L
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
Farooq Jan -- Courtesy Title & Escrow Corp
Farooq Jan $518,000 Old Republic Natl Title Ins
Vande Verg Nathaniel E $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jan Seema $200,000
Closed Jan Farooq $77,000
Open Farooq Jan $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $518,000 -5.8% $214 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
10/15/2014 10/15/14 Price Changed $550,000 -5.2% $228 / Sq Ft
09/24/2014 09/24/14 Price Changed $580,000 -6.5% $240 / Sq Ft
07/19/2014 07/19/14 Price Changed $620,000 -4.6% $257 / Sq Ft
07/02/2014 07/02/14 For Sale $649,800 -- $269 / 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 $7,809 $657,333 -- --
2024 $7,809 $610,567 $0 $0
2023 $7,919 $563,800 $264,000 $299,800
2022 $4,458 $553,133 $0 $0
2021 $3,386 $542,467 $0 $0
2020 $5,780 $531,800 $264,000 $267,800
2019 $5,758 $531,800 $264,000 $267,800
2018 $5,656 $531,800 $264,000 $267,800
2017 $5,652 $546,300 $0 $0
2016 -- $511,967 $0 $0
2015 $5,647 $477,633 $0 $0
2014 $5,647 $443,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003080224

Bright MLS

APN: 01-02022372