NOT LISTED FOR SALE

7228 Old Gate Rd Rockville, MD 20852

Estimated Value: $1,071,000 - $1,182,000

4 Beds
2.5 Baths
3,088 Sq Ft
$367/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $1,049,000 $340 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,815/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Farmland Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of November 2023

Welcome home to this stately four bedroom, two and half bath colonial with an amazing sunroom addition. Upon entering the gracious foyer, you will be taken aback by the amount of light pouring through the windows. Large formal living room with floor to ceiling windows illuminate both the living room and dining room. The kitchen features hardwood floors and new stainless steal appliances. A table space kitchen addition enlarges the footprint while also opening up to the cozy family room with fire place. Directly off the family room, one will find the best room in the house! Curl up with a book and cup of coffee in the amazing sun room addition. With 3 sides of light you will never want to leave!

The large primary bedroom boasts two closets and ensuite bath with dressing area. There are three other very large bedrooms on this floor, one of which features built-in book shelves and a desk. A linen closet and second hall bathroom complete this floor.

The huge lower level is fully finished with new carpet, three storage closets and a cedar closet. Floored storage area features a washer and dryer, more closets and shelves. This amazing space also walks up to the backyard.

Located in prestigious Montrose Woods this amazing home won't last. Just steps away from the local elementary school, two pools, tennis courts, paddle ball courts and too many parks to name!

Pictures to come! Please visit me at my open house this weekend on Saturday and Sunday 1-3.

Last Agent to Sell the Property

Deirdre Lofft

(517) 213-5056 DMLofft@gmail.com Compass Listed on: 10/18/2023

Compass

Last Buyer's Agent

Stacey Styslinger

(240) 351-7635 homewithstacey@gmail.com Compass License #595211

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,425

Year Built

  • Built in 1965

Lot Details

  • 9,247 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Plaster Walls
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Schools

  • Farmland Elementary School
  • Tilden Middle School
  • Walter Johnson High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 160400112186

Community Details

Overview

  • No Home Owners Association
  • Montrose Woods Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,425

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-10-19
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Partially Carpeted
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Improved, Outside Entrance
  • Total Sq Ft: 3483
  • Living Area Sq Ft: 3088
  • Price Per Sq Ft: 451.77
  • Above Grade Finished Sq Ft: 2322
  • Below Grade Finished Sq Ft: 766
  • Below Grade Sq Ft: 395
  • Total Below Grade Sq Ft: 1161
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7228

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FARMLAND
  • Middle School: TILDEN
  • High School: WALTER JOHNSON
  • 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: FARMLAND
  • High School: WALTER JOHNSON
  • Middle Or Junior School: TILDEN

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9247.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9425.00
  • Assessor Parcel Number: 160400112186
  • Tax Lot: 18
  • Tax Total Finished Sq Ft: 3088
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/29/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 30, 2023
Sold by
Mulford Margaret E
Bought by
Shah Naureen and Aziz Ahmad
Seller's Agent
Deirdre Lofft
Compass
Buyer's Agent
Stacey Styslinger
Compass
List Price
$1,049,000
Sold Price
$1,049,000
Views
122
Current Estimated Value
$1,134,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,264
Avg. Annual Appreciation
4.41%
Original Mortgage
$550,000
Outstanding Balance
$541,096
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$593,168

Purchase Details

Closed on
Feb 7, 2018
Sold by
Tramont Edmund C
Bought by
Tramont Edmund C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,900
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2014
Sold by
Tramont Edmund C and The Tramont Family Trust B
Bought by
Tramont Edmund C and The Tramont Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2011
Sold by
Tramont Edmund C and The Tramont Family Trust
Bought by
Tramont Edmund C and Tramont Family Trust B

Purchase Details

Closed on
Nov 20, 2002
Sold by
Tramont Edmund C and Tramont A L
Bought by
Tramont Edmund C Et Al Tr
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
Shah Naureen $1,049,000 Tradition Title
Shah Naureen $1,049,000 Tradition Title
Tramont Edmund C -- None Available
Tramont Edmund C -- None Available
Tramont Edmund C -- None Available
Tramont Edmund C Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Naureen $550,000
Closed Shah Naureen $550,000
Previous Owner Tramont Edmund C $341,900
Previous Owner Tramont Edmund C $350,000
Previous Owner Tramont Edmund C $367,000
Previous Owner Tramont Edmund C $376,764
Previous Owner Tramont Edmund C $400,000
Previous Owner Tramont Edmund C $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $1,049,000 0.0% $340 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $1,049,000 -- $340 / 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 $9,903 $924,067 -- --
2024 $9,903 $821,400 $466,000 $355,400
2023 $4,583 $819,267 $0 $0
2022 $8,733 $817,133 $0 $0
2021 $8,652 $815,000 $443,900 $371,100
2020 $8,237 $779,433 $0 $0
2019 $7,828 $743,867 $0 $0
2018 $7,442 $708,300 $403,500 $304,800
2017 $7,402 $692,967 $0 $0
2016 -- $677,633 $0 $0
2015 -- $662,300 $0 $0
2014 -- $652,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2110650

Bright MLS

APN: 04-00112186