NOT LISTED FOR SALE

8 Montgomery Ave Gaithersburg, MD 20877

Estimated Value: $477,000 - $536,000

3 Beds
1.5 Baths
1,248 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $390,000 $312 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,347/month

5 Days on Market

Highlights

  • 0.59 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Cape Cod Architecture
  • Traditional Floor Plan
  • Space For Rooms

About This Home

As of June 2020

Charming Cape Cod on quiet street in Gaithersburg within minutes to Lakeforest Mall, bus stop, Gaithersburg MARC train station, shopping, and library. Bring your renovation ideas and make this adorable home your own! Traditional floor plan offers a large living room with gas fireplace, a separate dining room, and kitchen overlooking side and back yards. Convenient half bath on main level and hardwood floors throughout. Upper level includes 3 good sized bedrooms and full bath. The master bedroom includes both a walk-in closet and a second closet. Bedroom 2 offers a walk-in closet. The third bedroom includes built-in drawers and single closet. Enjoy lunches, reading, and family time in the screened-in back porch with retractable awnings. An unfinished basement, which includes a wood burning fireplace, laundry area with utility sink, storage and outdoor walk-up stairs to back yard, offers lots of potential living space. Large fenced-in yard with path to oversized detached two car garage which, includes a second level studio/home office area. Additional treed yard expands beyond fence line for a .59 total acre lot with many flowering bushes and trees. Additional amenities include double hung replacement windows, plantation shutters, and architectural roofing shingles. Come and see for yourself the potential this home has to offer!

Last Agent to Sell the Property

Christine Hersey

RE/MAX Results License #523684 Listed on: 04/23/2020

RE/MAX Results

Last Buyer's Agent

Alma Burghardt

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1947

Lot Details

  • 0.59 Acre Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Wooded Lot
  • Back Yard Fenced and Front Yard
  • Property is zoned R90

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Plaster Walls
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Gas Fireplace
  • Double Hung Windows
  • Window Screens
  • Living Room
  • Dining Room
  • Storm Doors
  • Attic

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile or Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Space For Rooms
  • Laundry in Basement
  • Basement with some natural light

Outdoor Features

  • Screened Patio
  • Office or Studio
  • Porch

Schools

  • Gaithersburg Elementary And Middle School
  • Gaithersburg High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Above Ground Utilities
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Realty Park Subdivision

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 160900842597

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,585

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1947
  • Remarks Public: Charming Cape Cod on quiet street in Gaithersburg within minutes to Lakeforest Mall, bus stop, Gaithersburg MARC train station, shopping, and library. Bring your renovation ideas and make this adorable home your own! Traditional floor plan offers a large living room with gas fireplace, a separate dining room, and kitchen overlooking side and back yards. Convenient half bath on main level and hardwood floors throughout. Upper level includes 3 good sized bedrooms and full bath. The master bedroom includes both a walk-in closet and a second closet. Bedroom 2 offers a walk-in closet. The third bedroom includes built-in drawers and single closet. Enjoy lunches, reading, and family time in the screened-in back porch with retractable awnings. An unfinished basement, which includes a wood burning fireplace, laundry area with utility sink, storage and outdoor walk-up stairs to back yard, offers lots of potential living space. Large fenced-in yard with path to oversized detached two car garage which, includes a second level studio/home office area. Additional treed yard expands beyond fence line for a .59 total acre lot with many flowering bushes and trees. Additional amenities include double hung replacement windows, plantation shutters, and architectural roofing shingles. Come and see for yourself the potential this home has to offer!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range Hood, Stove
  • Flooring Type: Hardwood, Tile/Brick, Vinyl
  • Interior Amenities: Attic, Floor Plan - Traditional, Walk-In Closet(s), Wood Floors
  • Window Features: Screens, Double Hung
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Brick, Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Plaster Walls
  • Levels Count: 3+
  • Room Count: 6
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Walkout Stairs, Unfinished, Space For Rooms
  • Laundry Type: Basement
  • Total Sq Ft: 2080
  • Living Area Sq Ft: 1248
  • Price Per Sq Ft: 312.50
  • Above Grade Finished Sq Ft: 1248
  • Below Grade Sq Ft: 832
  • Total Below Grade Sq Ft: 832
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s), Office/Studio
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Additional Storage Area, Garage - Front Entry, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Driveway

Utilities

  • Refuse: 128.54
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Monthly Average Electric: 10
  • Previous Twelve Months Electric Expense: 120.00
  • Gas Avg Month: 30.00
  • Gas Prev12 Months: 360.00
  • Heating Fuel: Oil
  • Heating Oil Avg Month: 287.00
  • Heating Oil Prev12 Months: 3444.00
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: Public Sewer
  • Utilities: Above Ground
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Wood
  • Improvement Assessed Value: 156400.00
  • Land Assessed Value: 183600.00
  • Land Use Code: 011
  • Lot Features: Corner, Rear Yard, Front Yard, Landscaping, Trees/Wooded
  • Lot Size Acres: 0.59
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25916.00
  • Outdoor Living Structures: Porch(es), Screened
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13943564
  • Tax Annual Amount: 4585.00
  • Assessor Parcel Number: 160900842597
  • Tax Lot: 71
  • Tax Total Finished Sq Ft: 1248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 06/12/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Jun 12, 2020
Sold by
Zanner D Susan and The Albert W Zanner Jr Trust
Bought by
Matsunaka Traci L and Matsunaka Kristi M
Seller's Agent
Christine Hersey
RE/MAX Results
Buyer's Agent
Alma Burghardt
Long & Foster Real Estate, Inc.
List Price
$390,000
Sold Price
$390,000
Total Days on Market
5
Current Estimated Value
$517,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,090
Avg. Annual Appreciation
7.30%
Original Mortgage
$312,000
Outstanding Balance
$282,750
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$270,744

Purchase Details

Closed on
Dec 31, 1997
Sold by
Zanner Albert W and Zanner H Zanner B
Bought by
Albert W Zanner Jr Trust
Source: Public Records

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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
Matsunaka Traci L $390,000 Commonwealth Land Ttl Ins Co
Albert W Zanner Jr Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matsunaka Traci L $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $390,000 0.0% $313 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $390,000 -- $313 / 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
2024 $5,437 $392,133 $0 $0
2023 $4,460 $372,800 $183,600 $189,200
2022 $4,202 $361,867 $0 $0
2021 $4,115 $350,933 $0 $0
2020 $1,743 $340,000 $183,600 $156,400
2019 $3,431 $336,867 $0 $0
2018 $3,388 $333,733 $0 $0
2017 $3,863 $330,600 $0 $0
2016 -- $327,267 $0 $0
2015 $4,484 $323,933 $0 $0
2014 $4,484 $320,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC703460

Bright MLS

APN: 09-00842597