NOT LISTED FOR SALE

8 Russell Ave Unit 204 Gaithersburg, MD 20877

Estimated Value: $211,000 - $245,000

2 Beds
1 Bath
1,063 Sq Ft
$450/mo HOA Fee

Last Sold April 23, 2021

Last sale price $169,500 $159 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,847/month

16 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • 1 Car Detached Garage
  • Meeting Room
  • Subterranean Parking
  • 4-minute walk to Constitution Gardens Park

About This Home

As of April 2021

Location, location, and location. Lovely 2 BR / 1 BA / 1 office condo in a key secured elevator building in heart of Gaithersburg. The open floor concept includes large Dining Room, Living and Sitting Room with access to a private balcony. Spacious owner's suite with walk-in closet. Updated kitchen features stylish black granite counters, wood cabinetry, and tile flooring. Washer/dryer in unit. A convenient storage room is located on the same floor level. Lounge is also on the 2nd floor. Plenty of parking! Gaithersburg offers a wide variety of shopping, dining and entertainment options. Walk to the MARC Train station! Nearby Constitution Gardens, Old Town Gaithersburg, Bohrer Park, Griffith Park, and Rock Creek Regional Park for outdoor recreation. Convenient to major commuter routes and highway 270. You won't want to miss this home! Seller is the agent.

Last Agent to Sell the Property

Jenny Pan

Signature Home Realty LLC Listed on: 02/24/2021

Signature Home Realty LLC

Last Buyer's Agent

Gianna Manzella

Keller Williams Capital Properties License #5004443

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1988

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Handicap Parking
  • Subterranean Parking
  • Free Parking
  • Parking Lot
  • Unassigned Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,063 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Casement Windows
  • French Doors
  • Combination Dining and Living Room
  • Laminate Flooring
  • Surveillance System

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Gaithersburg Elementary And Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Halls are 48 inches wide or more
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 160902889301

Community Details

Overview

  • Association fees include snow removal, trash, common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, reserve funds, sewer, water
  • Low-Rise Condominium
  • No. 8 Russell Av Community
  • Property Manager

Amenities

  • Common Area
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,482

Year Built

Built in 1988

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: 48"+ Halls
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Location, location, and location. Lovely 2 BR / 1 BA / 1 office condo in a key secured elevator building in heart of Gaithersburg. The open floor concept includes large Dining Room, Living and Sitting Room with access to a private balcony. Spacious owner's suite with walk-in closet. Updated kitchen features stylish black granite counters, wood cabinetry, and tile flooring. Washer/dryer in unit. A convenient storage room is located on the same floor level. Lounge is also on the 2nd floor. Plenty of parking! Gaithersburg offers a wide variety of shopping, dining and entertainment options. Walk to the MARC Train station! Nearby Constitution Gardens, Old Town Gaithersburg, Bohrer Park, Griffith Park, and Rock Creek Regional Park for outdoor recreation. Convenient to major commuter routes and highway 270. You won't want to miss this home! Seller is the agent.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Oven/Range - Electric, Refrigerator, Range Hood, Stove, Washer - Front Loading, Dryer - Front Loading
  • Entry Floor: 2
  • Flooring Type: Laminated
  • Interior Amenities: Ceiling Fan(s), Combination Dining/Living, Kitchen - Galley, Walk-In Closet(s), Sprinkler System
  • Window Features: Casement
  • Fireplace: No
  • Door Features: French
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1063
  • Living Area Sq Ft: 1063
  • Price Per Sq Ft: 159.45
  • Above Grade Finished Sq Ft: 1063
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • Spa: No
  • 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: Free, Handicap Parking, Unassigned
  • Garage Features: Covered Parking, Underground
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Sprinkler System - Indoor, Surveillance Sys, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 450.05
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Meeting Room
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Sewer, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: GAITHERSBURG
  • Middle School: GAITHERSBURG
  • High School: GAITHERSBURG
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: GAITHERSBURG
  • High School: GAITHERSBURG
  • Middle Or Junior School: GAITHERSBURG

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13975034
  • Tax Annual Amount: 1482.00
  • Assessor Parcel Number: 160902889301
  • Tax Total Finished Sq Ft: 1063
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/23/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 23, 2021
Sold by
Sun Hai Qing
Bought by
Kenney Devin T
Seller's Agent
Jenny Pan
Signature Home Realty LLC
Buyer's Agent
Gianna Manzella
Keller Williams Capital Properties
List Price
$169,500
Sold Price
$169,500
Current Estimated Value
$227,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,183
Avg. Annual Appreciation
6.07%
Original Mortgage
$164,415
Outstanding Balance
$149,089
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$69,897

Purchase Details

Listed on
Sep 30, 2012
Closed on
Jan 30, 2013
Sold by
Robinson Cynthia R
Bought by
Sun Hai Qing
Seller's Agent
Andy Werner
RE/MAX Realty Services
Buyer's Agent
Melissa Zhong
BMI REALTORS INC.
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Nov 18, 2003
Sold by
Linthicum Donald E
Bought by
Robinson Cynthia R

Purchase Details

Closed on
Mar 27, 2003
Sold by
Linthicum Ruth F
Bought by
Linthicum Donald E
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
Kenney Devin T $169,500 Pinnacle Title & Escrow Inc
Sun Hai Qing $82,000 First American Title Ins Co
Robinson Cynthia R $110,000 --
Robinson Cynthia R $110,000 --
Linthicum Donald E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Devin T $164,415
Closed Kenney Devin T $5,000
Previous Owner Robinson Cynthia R $184,500
Previous Owner Robinson Cynthia R $135,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $169,500 0.0% $159 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $169,500 0.0% $159 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $169,500 +106.7% $159 / Sq Ft
01/30/2013 01/30/13 Sold $82,000 -3.5% $77 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $85,000 0.0% $80 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/26/2012 10/26/12 Price Changed $85,000 -14.9% $80 / Sq Ft
09/30/2012 09/30/12 For Sale $99,900 -- $94 / 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 $1,872 $153,333 -- --
2024 $1,872 $136,667 $0 $0
2023 $955 $120,000 $36,000 $84,000
2022 $870 $116,667 $0 $0
2021 $834 $113,333 $0 $0
2020 $1,573 $110,000 $33,000 $77,000
2019 $790 $110,000 $33,000 $77,000
2018 $1,400 $110,000 $33,000 $77,000
2017 $870 $120,000 $0 $0
2016 $1,106 $113,333 $0 $0
2015 $1,106 $106,667 $0 $0
2014 $1,106 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC745674

Bright MLS

APN: 09-02889301