M
Landlord's Agent in 2023
Michael MacKay
Bay Property Management Group
(240) 778-3264
7718 Heritage Farm Dr Montgomery Village, MD 20886
Estimated Value: $553,000 - $586,000
3
Beds
3.5
Baths
2,532
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- 1 Car Attached Garage
- Central Air
- 4-minute walk to Martin P. Roy Park
- Laytonsville Elementary School Rated A-
- Heat Pump System
About This Home
As of August 2023Charming 3 BR/3.5 BA EOG Townhome in Montgomery Village! Discover the timeless allure of hardwood flooring and neutral colored walls. The living area boasts space and abundant natural light. The dining and kitchen area is a highlight, featuring a beautiful countertop, breakfast bar, and well-appointed cabinetry with stainless steel appliances. Step onto the deck for added outdoor enjoyment! Convenience is paramount with a powder room on this level. Upstairs unveils three spacious carpeted bedrooms, offering comfort and retreat. Enjoy the convenience of 1 full bathroom in the master bedroom and another in the hallway. The lower level is fully finished, offering a versatile room that can be used as a family room, workspace, or extra storage. A full bathroom and the included washer/dryer are also available on this level. Attached garage, driveway, and on-street parking are added for your convenience!
Local Attractions:
- Lake Whetstone: A scenic lake offering opportunities for fishing, boating, and relaxing by the water, providing a serene natural retreat.
- South Valley Park: A neighborhood park featuring open green spaces, walking paths, playgrounds, and sports courts for outdoor recreation.
- Lakeforest Mall: A shopping center with a variety of shops, dining options, and entertainment venues, catering to residents' retail needs.
- Montgomery Village Golf Club: A golf course with beautiful surroundings, allowing golf enthusiasts to enjoy a round of golf in a scenic setting.
- Watkins Mill State Park: A historical and recreational park with trails, picnic areas, and a preserved grist mill, offering insights into the area's past.
Major Highways Nearby:
- Interstate 270: A major north-south highway that provides direct access to neighboring cities and connections to the Washington, DC metropolitan area.
- Route 355 (Frederick Road): A prominent road that runs through the area, offering convenient access to local destinations and connecting communities.
Sorry, no pets.
Application Qualifications: Minimum income of 3 times the monthly rent, no evictions or recent filings, current accounts in good standing, and a clean criminal background check.
All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,577
Year Built
- Built in 1994
Lot Details
- 3,240 Sq Ft Lot
Parking
- 1 Car Attached Garage
- Driveway
- On-Street Parking
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 2,532 Sq Ft Home
- Property has 3 Levels
- Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Gaithersburg High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Residential Lease
- Security Deposit $2,995
- 12-Month Min and 24-Month Max Lease Term
- Available 8/20/23
- Assessor Parcel Number 160102964321
Community Details
Overview
- $40 Other Monthly Fees
- Montgomery Village Subdivision
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2020
Closed on
Aug 18, 2020
Sold by
Chaney Virginia and Poppleton Virginia
Bought by
Nappo Alfred G and Nappo Stacy P
Seller's Agent
Candace Parrott
EXP Realty, LLC
Buyer's Agent
Jack Maksymiuk
Samson Properties
List Price
$414,900
Sold Price
$420,000
Premium/Discount to List
$5,100
1.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,390
Avg. Annual Appreciation
6.05%
Original Mortgage
$412,392
Outstanding Balance
$365,292
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$199,098
Purchase Details
Closed on
May 2, 2003
Sold by
Poppleton Virginia L
Bought by
Chaney Virginia
Purchase Details
Closed on
Jun 23, 1994
Sold by
Kettler Forlines Inc
Bought by
Poppleton Virginia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
8.74%
Purchase Details
Closed on
Jan 19, 1994
Sold by
Kettler Bros Inc
Bought by
Kettler Forlines Inc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nappo Alfred G | $420,000 | Rgs Title Llc | |
| Chaney Virginia | -- | -- | |
| Poppleton Virginia L | $211,030 | -- | |
| Kettler Forlines Inc | $434,782 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nappo Alfred G | $412,392 | |
| Previous Owner | Chaney Virginia L | $352,000 | |
| Previous Owner | Chaney Virginia | $318,200 | |
| Previous Owner | Chaney Virginia | $50,000 | |
| Previous Owner | Kettler Forlines Inc | $168,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2023 08/28/23 | Rented | $2,780 | -7.2% | -- |
| 08/16/2023 08/16/23 | For Rent | $2,995 | 0.0% | -- |
| 08/18/2020 08/18/20 | Sold | $420,000 | -0.7% | $183 / Sq Ft |
| 07/21/2020 07/21/20 | Price Changed | $423,000 | +2.0% | $184 / Sq Ft |
| 07/16/2020 07/16/20 | For Sale | $414,900 | -- | $181 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,577 | $496,600 | -- | -- |
| 2024 | $5,577 | $451,500 | $0 | $0 |
| 2023 | $5,731 | $406,400 | $150,000 | $256,400 |
| 2022 | $3,999 | $393,600 | $0 | $0 |
| 2021 | $4,500 | $380,800 | $0 | $0 |
| 2020 | $4,336 | $368,000 | $150,000 | $218,000 |
| 2019 | $4,298 | $365,667 | $0 | $0 |
| 2018 | $4,271 | $363,333 | $0 | $0 |
| 2017 | $3,480 | $361,000 | $0 | $0 |
| 2016 | -- | $340,767 | $0 | $0 |
| 2015 | $3,832 | $320,533 | $0 | $0 |
| 2014 | $3,832 | $300,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacKay
-
Candace Parrott
C
Seller's Agent in 2020
Candace Parrott
EXP Realty, LLC
(202) 359-4100
18 Total Sales
-
Jack Maksymiuk
Buyer's Agent in 2020
Jack Maksymiuk
Samson Properties
(240) 997-7284
1 in this area
39 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2104154
APN: 01-02964321
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