NOT LISTED FOR SALE

7562 Elioak Terrace Gaithersburg, MD 20879

Stewart Town Neighborhood

Estimated Value: $490,000 - $496,000

3 Beds
3.5 Baths
1,904 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $491,000 $258 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,059/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Backs to Trees or Woods
  • Col. Zadok Magruder High School Rated A-
  • Deck
  • Bonus Room

About This Home

As of June 2024

TOWNHOME TRIPLE CROWN... Welcome to this stunning townhouse, meticulously maintained and updated by the sellers! You’ll be amazed by the love and care that has gone into making this house a home. This property shines from top to bottom. Ideally situated as an End unit with side bay window, backs to lush trees, and walk-out basement. Recently remodeled home with beautiful hardwood floors and freshly painted throughout. Enjoy the lovely kitchen with stainless steel appliances, granite countertops, designer tile backsplash, dining room, and living are with easy access to the lovely deck overlooking the woods. Upper-level features 3 bedrooms and 2 full baths. Lower level has large family room with a fireplace with glass doors, 3rd full bath, bonus room, and laundry. Full walkout basement to back yard with side privacy fences. Major improvements/upgrades include recently replaced AC, Roof (2024), Freshly Painted (2024). Move-in ready, so come see for yourself! Showing begins on Friday, May 17th, open house Sunday, May 19th 1-3 PM

Last Agent to Sell the Property

Shawn Cartwright

(202) 813-0668 shawn.cartwright@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/17/2024

Long & Foster Real Estate, Inc.

Co-Listed By

Edmund Ko

(301) 915-6611 eko247@gmail.com Long & Foster Real Estate, Inc. License #93202

Last Buyer's Agent

Ray Liou

(240) 899-2281 rayliou@gmail.com Evergreen Properties License #646416

Evergreen Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1989

Lot Details

  • 2,288 Sq Ft Lot
  • Partially Fenced Property
  • Backs to Trees or Woods

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Carpet
  • Views of Woods
  • Alarm System
  • Laundry Room

Kitchen

  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck

Schools

  • Col. Zadok A. Magruder High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 70
  • Assessor Parcel Number 160102773796

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Storm Doors
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,143

Year Built

Built in 1989

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-05-17
  • Federal Flood Zone: No
  • Year Built: 1989
  • Automatically Close On Close Date: No
  • Remarks Public: TOWNHOME TRIPLE CROWN... Welcome to this stunning townhouse, meticulously maintained and updated by the sellers! You’ll be amazed by the love and care that has gone into making this house a home. This property shines from top to bottom. Ideally situated as an End unit with side bay window, backs to lush trees, and walk-out basement. Recently remodeled home with beautiful hardwood floors and freshly painted throughout. Enjoy the lovely kitchen with stainless steel appliances, granite countertops, designer tile backsplash, dining room, and living are with easy access to the lovely deck overlooking the woods. Upper-level features 3 bedrooms and 2 full baths. Lower level has large family room with a fireplace with glass doors, 3rd full bath, bonus room, and laundry. Full walkout basement to back yard with side privacy fences. Major improvements/upgrades include recently replaced AC, Roof (2024), Freshly Painted (2024). Move-in ready, so come see for yourself! Showing begins on Friday, May 17th, open house Sunday, May 19th 1-3 PM
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stainless Steel Appliances
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Fireplace Features: Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Laundry, Office, Bathroom 1, Bathroom 2, Bonus Room
  • Basement: Yes
  • Basement Type: Daylight, Full, Fully Finished, Walkout Level
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2248
  • Living Area Sq Ft: 1904
  • Price Per Sq Ft: 315.82
  • Above Grade Finished Sq Ft: 1504
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 344
  • Total Below Grade Sq Ft: 744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7562

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Composite
  • Spa: No
  • View: Trees/Woods
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 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
  • Security: Electric Alarm, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 74.82
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Pool(s), Common Area Maintenance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: COL. ZADOK A. MAGRUDER
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: COL. ZADOK A. MAGRUDER

Lot Info

  • Additional Parcels: No
  • Fencing: Partially
  • Land Use Code: R
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2288.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4143.00
  • Assessor Parcel Number: 160102773796
  • Tax Lot: 70
  • Tax Total Finished Sq Ft: 1904
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/14/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 14, 2024
Sold by
Peng Zan and Yaoyuan Liang Yaoyuan
Bought by
Kim Lewis H and Lin Kathryn Y
Seller's Agent
Shawn Cartwright
Long & Foster Real Estate, Inc.
Buyer's Agent
Ray Liou
Evergreen Properties
List Price
$475,000
Sold Price
$491,000
Premium/Discount to List
$16,000
3.37%
Views
35
Current Estimated Value
$493,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,577
Avg. Annual Appreciation
0.40%
Original Mortgage
$441,900
Outstanding Balance
$436,473
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$57,104

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 15, 2021
Sold by
Tam Wai H
Bought by
Zan Peng and Liang Yaoyuan
Seller's Agent
Zen Wang
Premiere Realty LLC
Buyer's Agent
Edmund Ko
Long & Foster Real Estate, Inc.
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$290,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Santini Linda
Bought by
Tam Ai H

Purchase Details

Closed on
Apr 19, 2000
Sold by
Spencer Scott L and Spencer M Y
Bought by
Santini Linda
Source: Public Records

Range of Values:

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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
Kim Lewis H $491,000 First American Title
Kim Lewis H $491,000 First American Title
Zan Peng $380,000 Rgs Title Llc
Tam Ai H $300,000 --
Santini Linda $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Lewis H $441,900
Closed Kim Lewis H $441,900
Previous Owner Zan Peng $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $491,000 +3.4% $258 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $475,000 +25.0% $249 / Sq Ft
01/19/2021 01/19/21 Sold $380,000 0.0% $181 / Sq Ft
12/29/2020 12/29/20 Price Changed $380,000 +4.1% $181 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $365,000 -- $173 / 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 $4,405 $372,967 -- --
2024 $4,405 $351,733 $0 $0
2023 $3,451 $330,500 $150,000 $180,500
2022 $3,212 $324,133 $0 $0
2021 $3,094 $317,767 $0 $0
2020 $6,003 $311,400 $150,000 $161,400
2019 $2,967 $309,333 $0 $0
2018 $2,942 $307,267 $0 $0
2017 $2,841 $305,200 $0 $0
2016 $3,286 $286,600 $0 $0
2015 $3,286 $268,000 $0 $0
2014 $3,286 $249,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Cartwright

    Seller's Agent in 2024

    Shawn Cartwright

    Long & Foster

    (202) 813-0668

    1 in this area

    23 Total Sales

    Shawn Cartwright
    Section Image
  • Edmund Ko

    Seller Co-Listing Agent in 2024

    Edmund Ko

    Long & Foster

    (301) 915-6611

    2 in this area

    35 Total Sales

    Edmund Ko
    Section Image

  • R

    Buyer's Agent in 2024

    Ray Liou

    Evergreen Properties

    (240) 899-2281

    1 in this area

    6 Total Sales

    Ray Liou
    Section Image
  • Zen Wang

    Seller's Agent in 2021

    Zen Wang

    Premiere Realty LLC

    (703) 973-0013

    1 in this area

    161 Total Sales

    Zen Wang
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2130904

Bright MLS

APN: 01-02773796

Maryland Montgomery County Gaithersburg 20879 Stewart Town

7562 Elioak Terrace, Gaithersburg, MD

This home is located at 7562 Elioak Terrace, Gaithersburg, MD 20879 since 17 May 2024 and is currently estimated at $493,577, approximately $259 per square foot. This property was built in 1989. 7562 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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