NOT LISTED FOR SALE

7416 Cutty Sark Way Gaithersburg, MD 20882

Estimated Value: $855,000 - $964,000

4 Beds
2.5 Baths
3,058 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $800,000 $262 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,451/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Recreation Room
  • Laytonsville Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of October 2023

Beautiful Brick Front Colonial in Burnham Hills sits on 1.07 acres. Over $71K in seller's added upgrades & updates! Updated HVAC systems. Formal living room with access to library/office. Enjoy entertaining in the formal dining room with access to the kitchen. Center isle kitchen with 42"-inch oak cabinetry, Corian countertops, pantry closet and breakfast area. An amazing two-story family room with vaulted ceiling with ceiling fan, three replacement skylights, wood-burning fireplace, and French door with access to a spacious trek deck that overlooks the beautiful backyard. Primary bedroom has a beautiful sitting room with a large walk-in closet, double closet, and access to primary bathroom. Three additional bedrooms and full bath complete the upper level. Finished lower level offer a large recreation room with a dry bar, closet, utility closet, and a large storage/utility room. Enjoy the outdoors on the beautiful Trek deck with vinyl railings and balusters. Close to I-370 to I-270 and ICC to I-95 to Baltimore/Washington. Four master craft breweries and three golf courses are nearby. One year home warranty! No HOA!

Last Agent to Sell the Property

Audrey Primozic

Weichert, REALTORS License #91003 Listed on: 08/31/2023

Weichert, REALTORS

Last Buyer's Agent

Audrey Primozic

Weichert, REALTORS License #91003 Listed on: 08/31/2023

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,688

Year Built

  • Built in 1987

Lot Details

  • 1.07 Acre Lot
  • Landscaped
  • Wooded Lot
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 2 Car Direct Access Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Chair Railings
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Mantel
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Storage Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Heated Basement
  • Connecting Stairway

Home Security

  • Alarm System
  • Storm Doors

Outdoor Features

  • Deck
  • Shed

Schools

  • Laytonsville Elementary School
  • Gaithersburg Middle School
  • Gaithersburg High School

Utilities

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

Community Details

  • No Home Owners Association
  • Burnham Hills Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160101709556

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,688

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Washer and dryer do not convey.
  • Inclusions: Deck furniture Fire safe in basement closet
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-08-31
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Central Vacuum, Cooktop, Dishwasher, Extra Refrigerator/Freezer, Humidifier, Icemaker, Microwave, Oven - Wall, Refrigerator, Water Dispenser, Water Heater
  • Flooring Type: Ceramic Tile, Carpet, Hardwood, Vinyl
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Central Vacuum, Chair Railings, Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Soaking Tub, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Window Features: Skylights
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Storm
  • Wall Ceiling Types: 2 Story Ceilings, Vaulted Ceilings
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Foyer, Laundry, Recreation Room, Storage Room, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Heated, Partially Finished, Poured Concrete
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 4526
  • Living Area Sq Ft: 3058
  • Price Per Sq Ft: 261.28
  • Above Grade Finished Sq Ft: 3058
  • Below Grade Sq Ft: 1468
  • Total Below Grade Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7416

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
  • Other Structures List: Shed
  • Construction Materials: Frame, Cement Siding
  • View: Street, Trees/Woods
  • 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, Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LAYTONSVILLE
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • 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: LAYTONSVILLE
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees, Front Yard, Landscaping, Rear Yard, Trees/Wooded
  • Lot Size Acres: 1.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 46450.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6688.00
  • Assessor Parcel Number: 160101709556
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 3058
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/20/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 20, 2023
Sold by
Pera Steven Charles and Pera Lonnie Anne
Bought by
Gursoy Talha Ubeydullah
Seller's Agent
Audrey Primozic
Weichert, REALTORS
Buyer's Agent
Audrey Primozic
Weichert, REALTORS
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Views
479
Current Estimated Value
$876,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,784
Avg. Annual Appreciation
4.94%
Original Mortgage
$400,000
Outstanding Balance
$394,356
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$478,661

Purchase Details

Closed on
Dec 31, 1991
Bought by
Pera Steven C
Source: Public Records

Range of Values:

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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
Gursoy Talha Ubeydullah $800,000 Fidelity National Title
Pera Steven C $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gursoy Talha Ubeydullah $400,000
Previous Owner Pera Steven Charles $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $800,000 +0.1% $262 / Sq Ft
08/31/2023 08/31/23 For Sale $799,000 -- $261 / 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
2024 $7,802 $621,800 $0 $0
2023 $3,181 $559,700 $193,900 $365,800
2022 $5,996 $552,900 $0 $0
2021 $11,721 $546,100 $0 $0
2020 $11,280 $539,300 $193,900 $345,400
2019 $5,640 $535,267 $0 $0
2018 $5,598 $531,233 $0 $0
2017 $5,990 $527,200 $0 $0
2016 -- $527,200 $0 $0
2015 $5,614 $527,200 $0 $0
2014 $5,614 $533,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2105030

Bright MLS

APN: 01-01709556