V
Seller's Agent in 2023
Vaughn Hunter
Remax Realty Group
1 in this area
34 Total Sales
8 Russell Ave Unit 202 Gaithersburg, MD 20877
Estimated Value: $256,000 - $313,000
2
Beds
2
Baths
1,071
Sq Ft
$490/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Wood Flooring
- Frost Middle School Rated A
- Traditional Architecture
- 4-minute walk to Constitution Gardens Park
About This Home
As of October 2023This one-of-a-kind CONDO boasts a stunning 2 BEDROOM, 2 BATHROOM OPEN CONCEPT in MINT CONDITION and has EVERYTHING an owner needs, including 2 FRENCH DOORS that open up to a 1,365+/- sqft TERRACE offering OUTDOOR LIVING that is the new owner’s PRIVATE OASIS for your EXCLUSIVE USE only. Sit under your PRIVATE GAZEBO or dine alfresco and enjoy the beauty and quiet that this home offers. The CONDO BUILDING is SECURE requiring an OWNER Key/FOB to provide access. PARKING is OPEN and there are PLENTY OF SPACES, including a SECURE UNDERGROUND PARKING AREA, ideal for those snowy days. This home showcases a FULLY RENOVATED CHEF'S KITCHEN and REMODLELED BATHROOMS, has been FULLY PAINTED, has all newer ENERGY EFFICIENT WINDOWS and SLIDING GLASS DOOR (2018 - WARRANTY TRANSFERS to new owner), NEW LIGHT FIXTURES, NEW MODERN DOOR HANDLES, you’ll enjoy a spacious OPEN CONCEPT LIVING AREA with LARGE LIVING ROOM and DINING ROOM. The LIVING ROOM opens to a BONUS/SUNROOM AREA with BIG WINDOWS overlooking the LARGE OWNER'S ONLY TERRACE. The WIDE HALLWAY leads to the PRIMARY BEDROOM with a PRIVATE PRIMARY BATH and WALK-IN CLOSET. The SECOND BEDROOM has a SLIDING GLASS DOOR that opens to the TERRACE and would make a great BEDROOM or OFFICE. The SECOND BATHROOM with SHOWER and WASHER/DRYER is accessible off the hallway next to the SECOND BEDROOM. The COMMUNITY has a PARTY ROOM, GYM, LOUNGE, and PRIVATE OWNER STORAGE. The HOA covers WATER, SNOW REMOVAL, and MAINTENANCE of all COMMON AREAS. WALK to the MARC TRAIN or BARS and RESTAURANTS, with a SHORT DRIVE to the METRO and 270. You have to see this CONDO to believe it!! There's not another one like it anywhere! Bring all offers ASAP! This one seriously won’t last!
Last Agent to Sell the Property
vhunter@homebrokerpros.com RE/MAX Realty Group License #646133 Listed on: 09/19/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,688
Year Built
- Built in 1988
Lot Details
- Two or More Common Walls
- Property is in excellent condition
HOA Fees
- $490 Monthly HOA Fees
Parking
- 1 Assigned Subterranean Space
- Oversized Parking
- Private Parking
- Garage Door Opener
- Parking Lot
- Off-Street Parking
- Surface Parking
- Secure Parking
Home Design
- Traditional Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 1,071 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Sliding Windows
- Casement Windows
- Window Screens
- Six Panel Doors
- Dining Area
- Exterior Cameras
Kitchen
- Galley Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Accessible Home Design
- Accessible Elevator Installed
- No Interior Steps
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Terrace
- Outdoor Storage
- Wrap Around Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 160902889243
Community Details
Overview
- Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, management, snow removal, trash, water
- Low-Rise Condominium
- No. 8 Russell Ave Codm Condos
- No. 8 Russell Av Community
- Property Manager
Amenities
- Common Area
- Meeting Room
- Party Room
- 1 Elevator
- Community Storage Space
Recreation
- Fitness Center
Pet Policy
- Pets allowed on a case-by-case basis
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2023
Closed on
Oct 10, 2023
Sold by
Donnelly Kathleen
Bought by
Gabrielyan Georgi and Voskanyan Mane
Seller's Agent
Vaughn Hunter
RE/MAX Realty Group
Buyer's Agent
Stella Kocharyan
Real Broker, LLC
List Price
$274,444
Sold Price
$287,500
Premium/Discount to List
$13,056
4.76%
Views
111
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
$1,829
Avg. Annual Appreciation
0.30%
Original Mortgage
$220,000
Outstanding Balance
$215,723
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$73,606
Purchase Details
Closed on
Oct 30, 2001
Sold by
Esworthy James C
Bought by
Donnelly Kathleen
Purchase Details
Closed on
Jun 11, 2001
Sold by
Arbutina Millard
Bought by
Esworthy James C
Purchase Details
Closed on
Mar 30, 1998
Sold by
Arbutina Millard
Bought by
Arbutina Millard and Valcourt Lynne M
Purchase Details
Closed on
Jan 21, 1998
Sold by
Cargill Alice C
Bought by
Arbutina Millard
Purchase Details
Closed on
Sep 14, 1995
Sold by
Crawford Stephanie
Bought by
Cargill Alice C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.81%
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 |
|---|---|---|---|
| Gabrielyan Georgi | $287,500 | First American Title | |
| Gabrielyan Georgi | $287,500 | First American Title | |
| Donnelly Kathleen | $107,000 | -- | |
| Esworthy James C | $102,000 | -- | |
| Arbutina Millard | -- | -- | |
| Arbutina Millard | $75,000 | -- | |
| Cargill Alice C | $84,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gabrielyan Georgi | $220,000 | |
| Closed | Gabrielyan Georgi | $220,000 | |
| Previous Owner | Cargill Alice C | $67,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $287,500 | +4.8% | $268 / Sq Ft |
| 09/19/2023 09/19/23 | For Sale | $274,444 | -- | $256 / 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 | $2,350 | $216,667 | -- | -- |
| 2024 | $2,350 | $173,333 | $0 | $0 |
| 2023 | $1,085 | $130,000 | $39,000 | $91,000 |
| 2022 | $1,596 | $126,667 | $0 | $0 |
| 2021 | $1,957 | $123,333 | $0 | $0 |
| 2020 | $1,826 | $120,000 | $36,000 | $84,000 |
| 2019 | $918 | $120,000 | $36,000 | $84,000 |
| 2018 | $919 | $120,000 | $36,000 | $84,000 |
| 2017 | $958 | $120,000 | $0 | $0 |
| 2016 | -- | $120,000 | $0 | $0 |
| 2015 | $1,106 | $120,000 | $0 | $0 |
| 2014 | $1,106 | $180,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vaughn Hunter
-
Stella Kocharyan
Buyer's Agent in 2023
Stella Kocharyan
Real Broker, LLC
(443) 682-5396
2 in this area
96 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2107840
APN: 09-02889243
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