NOT LISTED FOR SALE

7501 Oyster Bay Way Montgomery Village, MD 20886

Stewart Town Neighborhood

Estimated Value: $796,000 - $825,000

4 Beds
3.5 Baths
3,681 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $535,000 $145 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,015/month

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Cathedral Ceiling
  • Laytonsville Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2017

SFH on a cul-de-sac in a highly sought after neighborhood. Fabulous kitchen with newer stainless steel appliances, granite and ceramic tile. Bright family room off the kitchen with a gas fireplace. Main level boasts a living room, dining room, 4 season room and an office. Master BR is wonderful. Fully finished basement /w FBA. Housing choice voucher welcome. No pets. Rental insurance required.

Last Agent to Rent the Property

Elaine Peace

Long & Foster Real Estate, Inc. License #637249 Listed on: 09/25/2017

Long & Foster Real Estate, Inc.

Last Renter's Agent

Elaine Peace

Long & Foster Real Estate, Inc. License #637249 Listed on: 09/25/2017

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,482

Year Built

  • Built in 1998

Lot Details

  • 10,269 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Property is in very good condition
  • Property is zoned TS

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Palladian Windows
  • Family Room Off Kitchen
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,800
  • Tenant pays for fireplace/flue cleaning, frozen waterpipe damage, HVAC maintenance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, all utilities
  • Rent includes air conditioning, hoa/condo fee, parking, trash removal
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 11/1/17
  • $45 Application Fee
  • Assessor Parcel Number 160102966730

Community Details

Overview

  • Property has a Home Owners Association
  • Montgomery Village Foundation Community
  • Kings Point Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area

Recreation

  • Baseball Field
  • Community Basketball Court
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,482

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2017-11-01
  • Application Fee: 45.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Air Conditioning, Hoa/Condo Fee, Parking, Trash Removal
  • Security Deposit: 2800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Hvac Maintenance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 2
  • Year Built: 1998
  • Remarks Public: SFH on a cul-de-sac in a highly sought after neighborhood. Fabulous kitchen with newer stainless steel appliances, granite and ceramic tile. Bright family room off the kitchen with a gas fireplace. Main level boasts a living room, dining room, 4 season room and an office. Master BR is wonderful. Fully finished basement /w FBA. Housing choice voucher welcome. No pets. Rental insurance required.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Dual Flush Toilets, Energy Star Refrigerator, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Gas, Washer, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Dining Area, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Upgraded Countertops, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Palladian
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Primary Bedroom, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4654
  • Living Area Sq Ft: 3681
  • Price Per Sq Ft: 0.88
  • Above Grade Finished Sq Ft: 3171
  • Below Grade Finished Sq Ft: 510
  • Below Grade Sq Ft: 973
  • Total Below Grade Sq Ft: 1483
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7501

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Attached, Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned, Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Bike Trail, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LAYTONSVILLE
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • Elementary School: LAYTONSVILLE
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Green Features

  • Green Verification: No

Lot Info

  • Lot Features: Cul-De-Sac, Landscaping
  • Lot Size Acres: 0.24
  • Lot Size Area: 10269
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10269.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: TS

Tax Info

  • Assessor Parcel Number: 13792014
  • Assessor Parcel Number: 160102966730
  • Tax Total Finished Sq Ft: 3127
  • Close Date: 11/16/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2016
Closed on
Sep 9, 2016
Sold by
Hsiao Chao Tsung and Chen Jinghong
Bought by
Singh Gaurav and Singh Kristen M
Seller's Agent
Lauren McBain
RE/MAX Realty Centre, Inc.
Buyer's Agent
Kenny Light
Long & Foster Real Estate, Inc.
List Price
$565,000
Sold Price
$535,000
Premium/Discount to List
-$30,000
-5.31%
Current Estimated Value
$805,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,883
Avg. Annual Appreciation
4.88%
Original Mortgage
$525,309
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 1999
Sold by
Kettler Brothers Inc
Bought by
Hsiao Chao and Hsiao Tsung
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
Singh Gaurav $535,000 Rgs Title Llc
Hsiao Chao $280,405 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gaurav $498,000
Closed Singh Gaurav $525,309
Previous Owner Hsiao Chao Tsung $325,000
Previous Owner Hsiao Chao Tsung $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Rented $3,000 +7.1% --
10/15/2017 10/15/17 Under Contract -- -- --
09/25/2017 09/25/17 For Rent $2,800 0.0% --
09/09/2016 09/09/16 Sold $535,000 -2.7% $145 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
07/02/2016 07/02/16 Price Changed $550,000 -2.7% $149 / Sq Ft
06/16/2016 06/16/16 For Sale $565,000 -- $153 / 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 $7,482 $667,133 -- --
2024 $7,482 $611,067 $0 $0
2023 $6,814 $555,000 $152,000 $403,000
2022 $6,532 $555,000 $152,000 $403,000
2021 $6,480 $555,000 $152,000 $403,000
2020 $3,397 $557,400 $157,400 $400,000
2019 $3,282 $548,200 $0 $0
2018 $6,264 $539,000 $0 $0
2017 $3,140 $529,800 $0 $0
2016 -- $517,933 $0 $0
2015 $6,378 $506,067 $0 $0
2014 $6,378 $494,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elaine Peace

    Landlord's Agent in 2017

    Elaine Peace

    Long & Foster

    (240) 498-3161

    2 Total Sales

    Elaine Peace
    Section Image
  • Lauren McBain

    Seller's Agent in 2016

    Lauren McBain

    RE/MAX

    (301) 252-3524

    51 Total Sales

    Lauren McBain
    Section Image
  • Kenny Light

    Buyer's Agent in 2016

    Kenny Light

    Long & Foster

    (301) 641-9569

    4 Total Sales

    Kenny Light
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001007757

Bright MLS

APN: 01-02966730

Maryland Montgomery County Montgomery Village 20882 Stewart Town

7501 Oyster Bay Way, Montgomery Village, MD

This home is located at 7501 Oyster Bay Way, Montgomery Village, MD 20886 since 25 September 2017 and is currently priced at $805,883. This property was built in 1998. 7501 Oyster Bay Way is a home located in Montgomery County with nearby schools including Laytonsville Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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