NOT LISTED FOR SALE

7542 Elioak Terrace Gaithersburg, MD 20879

Stewart Town Neighborhood

Estimated Value: $482,000 - $494,328

3 Beds
4 Baths
2,180 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $350,000 $161 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,040/month

Highlights

  • Colonial Architecture
  • Deck
  • Backs to Trees or Woods
  • Col. Zadok Magruder High School Rated A-
  • Traditional Floor Plan
  • Space For Rooms

About This Home

As of May 2017

Fabulous 4 level brick front Townhouse backing to woods and stream! Freshly painted interior, NEW Carpet, Refinished HW Floors, updated kitchen, Master Bedroom with Cathedral ceiling & Loft, hardwood floors in LR & DR, 3 ceiling fans, Fireplace in Rec Room, level walkout basement, deck w/stairs, patio, front porch and fenced yard. Community pool & Tennis courts! Watch the VIDEO Virtual Tour.

Last Agent to Sell the Property

John Lee

(301) 264-6577 john@cnlteam.com RE/MAX Realty Services License #583762 Listed on: 04/14/2017

RE/MAX Realty Services

Last Buyer's Agent

pattricia marks

(301) 873-3606 patricia.marks@exprealty.com EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1989

Lot Details

  • 1,500 Sq Ft Lot
  • Two or More Common Walls
  • Backs to Trees or Woods

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Space For Rooms
  • Basement Windows

Parking

  • Parking Space Number Location: 7542
  • 2 Assigned Parking Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Judith A. Resnik Elementary School
  • Redland Middle School
  • Col. Zadok A. Magruder High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 160102773898

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), snow removal, trash, road maintenance, reserve funds
  • Hadley Farms Subdivision

Amenities

  • Community Center

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,521

Year Built

Built in 1989

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1989
  • Remarks Public: Fabulous 4 level brick front Townhouse backing to woods and stream! Freshly painted interior, NEW Carpet, Refinished HW Floors, updated kitchen, Master Bedroom with Cathedral ceiling & Loft, hardwood floors in LR & DR, 3 ceiling fans, Fireplace in Rec Room, level walkout basement, deck w/stairs, patio, front porch and fenced yard. Community pool & Tennis courts! Watch the VIDEO Virtual Tour.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Combination Dining/Living, Kitchen - Eat-In, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Daylight, Full, Full, Fully Finished, Heated, Improved, Space For Rooms, Walkout Level, Windows, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2180
  • Price Per Sq Ft: 207.14
  • Above Grade Finished Sq Ft: 1680
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 220
  • Total Below Grade Sq Ft: 720
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7542

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick, Brick Front, Frame
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 7542

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 54.27
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Community Center, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Snow Removal, Trash, Road Maintenance, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JUDITH A. RESNIK
  • Middle School: REDLAND
  • High School: COL. ZADOK A. MAGRUDER
  • School District Key: 121138126809
  • Elementary School: JUDITH A. RESNIK
  • High School: COL. ZADOK A. MAGRUDER
  • Middle Or Junior School: REDLAND

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 157300.00
  • Land Assessed Value: 150000.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.03
  • Lot Size Area: 1500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13790326
  • Tax Annual Amount: 3521.07
  • Assessor Parcel Number: 160102773898
  • Tax Lot: 79
  • Tax Total Finished Sq Ft: 1440
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 05/19/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 19, 2017
Sold by
Kleinman Daniel A and Kleinman Erin E
Bought by
Teel John and Morales Monica
Seller's Agent
John Lee
RE/MAX Realty Services
Buyer's Agent
pattricia marks
EXP Realty, LLC
List Price
$348,000
Sold Price
$350,000
Premium/Discount to List
$2,000
0.57%
Current Estimated Value
$487,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,832
Avg. Annual Appreciation
4.04%
Original Mortgage
$339,500
Outstanding Balance
$282,336
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$205,496

Purchase Details

Closed on
Nov 21, 2014
Sold by
Kleinman Daniel A and Kleinman Erin E
Bought by
Kleinman Daniel A and Kleinman Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2006
Sold by
Dodge
Bought by
Kleinman Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2006
Sold by
Dodge
Bought by
Kleinman Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Jain Anil and Jain Dimple
Bought by
Dodge Andrew R

Purchase Details

Closed on
Aug 8, 2001
Sold by
Cho Chong
Bought by
Jain Anil and Jain Dimple

Purchase Details

Closed on
Mar 22, 1999
Sold by
S John F and S Kotek D
Bought by
Cho Chong

Purchase Details

Closed on
Mar 29, 1995
Sold by
Strickler Scott M
Bought by
Kotek John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,400
Interest Rate
8.8%
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
Teel John $350,000 None Available
Kleinman Daniel A -- None Available
Kleinman Daniel A $362,500 --
Kleinman Daniel A $362,500 --
Dodge Andrew R $300,000 --
Jain Anil $183,000 --
Cho Chong $148,000 --
Kotek John F $168,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teel John $339,500
Previous Owner Kleinman Daniel A $312,500
Previous Owner Kleinman Daniel A $72,500
Previous Owner Kleinman Daniel A $290,000
Previous Owner Kleinman Daniel A $290,000
Previous Owner Kotek John F $160,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $350,000 +0.6% $161 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $348,000 -- $160 / 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 $4,787 $403,867 -- --
2024 $4,787 $384,933 $0 $0
2023 $5,244 $366,000 $150,000 $216,000
2022 $3,553 $355,033 $0 $0
2021 $3,241 $344,067 $0 $0
2020 $3,241 $333,100 $150,000 $183,100
2019 $3,134 $324,500 $0 $0
2018 $3,037 $315,900 $0 $0
2017 $3,004 $307,300 $0 $0
2016 $3,215 $285,567 $0 $0
2015 $3,215 $263,833 $0 $0
2014 $3,215 $242,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Lee

    Seller's Agent in 2017

    John Lee

    RE/MAX

    (301) 264-6577

    2 in this area

    94 Total Sales

    John Lee
    Section Image
  • pattricia marks

    Buyer's Agent in 2017

    pattricia marks

    EXP Realty, LLC

    (301) 873-3606

    1 Total Sale

    pattricia marks
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002512157

Bright MLS

APN: 01-02773898

Maryland Montgomery County Gaithersburg 20879 Stewart Town

7542 Elioak Terrace, Gaithersburg, MD

This home is located at 7542 Elioak Terrace, Gaithersburg, MD 20879 since 14 April 2017 and is currently estimated at $487,832, approximately $223 per square foot. This property was built in 1989. 7542 Elioak Terrace is a home located in Montgomery County with nearby schools including Judith A. Resnik Elementary School, Redland Middle School, and Col. Zadok Magruder High School.

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