NOT LISTED FOR SALE

8 James St Gaithersburg, MD 20877

Estimated Value: $497,695 - $589,000

3 Beds
2 Baths
1,360 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $355,000 $261 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,269/month

Highlights

  • 0.24 Acre Lot
  • Cape Cod Architecture
  • 1 Fireplace
  • Open Floorplan
  • Attic
  • No HOA

About This Home

As of June 2015

PRICE REDUCED: $15,100 Adorable bungalow 9.5 foot ceilings, updated country kitchen: granite counters; tile floors. Beautifully updated bathrooms, refinished original hardwood flrs, & front porch. Updated heat pump HVAC + radiators. Separate dining room &1st fl laundry rm. Over-sized garage! Cozy 2nd BR, full BA + living space. Main lvl BRs & FB. Flat Lot.

Last Agent to Sell the Property

Alan Bruzee

(301) 548-9700 Alan@LNF.com Long & Foster Real Estate, Inc. Listed on: 04/23/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Yvette Chisholm

(301) 758-9500 yvette@lnf.com Long & Foster Real Estate, Inc. License #578649

Last Buyer's Agent

Clara Callahan

callahan.clara@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #MRIS:3063722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1927

Lot Details

  • 10,370 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Asbestos Shingle Roof
  • Composite Building Materials

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments
  • Breakfast Room
  • Dining Area
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Shed

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Observatory Heights Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 160900841877

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1927
  • Remarks Public: PRICE REDUCED: $15,100 Adorable bungalow 9.5 foot ceilings, updated country kitchen: granite counters; tile floors. Beautifully updated bathrooms, refinished original hardwood flrs, & front porch. Updated heat pump HVAC + radiators. Separate dining room &1st fl laundry rm. Over-sized garage! Cozy 2nd BR, full BA + living space. Main lvl BRs & FB. Flat Lot.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Dining Area, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Primary Bedroom, Kitchen, Basement, Breakfast Room, Laundry, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Walkout Stairs, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Composition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 107.60
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 86200.00
  • Land Assessed Value: 195100.00
  • Lot Size Acres: 0.24
  • Lot Size Area: 10370
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10370.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13943510
  • Tax Annual Amount: 3389.73
  • Assessor Parcel Number: 160900841877
  • Tax Lot: 19
  • Tax Total Finished Sq Ft: 1360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 06/30/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 23, 2015
Sold by
Mcmath Daniel J
Bought by
Ryan Frank Edward and Ryan Eileen
Seller's Agent
Alan Bruzee
Long & Foster Real Estate, Inc.
Buyer's Agent
Clara Callahan
Berkshire Hathaway HomeServices PenFed Realty
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$546,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,424
Avg. Annual Appreciation
4.09%
Original Mortgage
$366,715
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Nov 29, 2012
Sold by
Mcmath Daniel J and Weckerly Sarah Elizabeth
Bought by
Mcmath Daniel J

Purchase Details

Closed on
Mar 23, 2009
Sold by
Wells Helen M
Bought by
Mcmath Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2009
Sold by
Wells Helen M
Bought by
Wells Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2008
Sold by
Wells Helen M
Bought by
Wells Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1997
Sold by
Wells Helen M
Bought by
Helen M Wells
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
Ryan Frank Edward $355,000 Fidelity Natl Title Ins Co
Mcmath Daniel J -- None Available
Mcmath Daniel J $260,000 --
Wells Helen M -- --
Wells Helen M -- --
Helen M Wells -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Frank Edward $366,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $355,000 +1.4% $261 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
05/18/2015 05/18/15 Price Changed $350,000 0.0% $257 / Sq Ft
05/08/2015 05/08/15 Price Changed $349,900 -4.1% $257 / Sq Ft
04/23/2015 04/23/15 For Sale $365,000 -- $268 / 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 $4,459 $338,133 -- --
2024 $4,459 $314,467 $0 $0
2023 $4,813 $290,800 $195,100 $95,700
2022 $3,293 $287,133 $0 $0
2021 $3,193 $283,467 $0 $0
2020 $3,193 $279,800 $195,100 $84,700
2019 $3,171 $279,800 $195,100 $84,700
2018 $3,163 $279,800 $195,100 $84,700
2017 $3,215 $281,300 $0 $0
2016 $3,108 $270,400 $0 $0
2015 $3,108 $259,500 $0 $0
2014 $3,108 $248,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002325995

Bright MLS

APN: 09-00841877