$130,000
SOLD JUN 14, 2017

8 Russell Ave Unit 207 Gaithersburg, MD 20877

2 Beds
2 Baths
1,150 Sq Ft
$497/mo HOA Fee

Recently Sold

$113 Per Sq Ft

4% Below List Price

30 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • 4-minute walk to Constitution Gardens Park

About This Home

As of January 2018

Spacious 2-bedroom end unit. Minutes walk from MARC-train & public transport; close to I-270, Shops, Dining! Separate Exercise room, Separate Storage room, Elevator Access, Locked-Security building access, Parking Garage! Utilities included in dues (except electric & cable) Beautiful Open-Floor plan. Bright Breakfast-Sun Room area, Updated Granite Kitchen, In-Unit Washer & Dryer and More!

Last Agent to Sell the Property

David Dabbondanza

Long & Foster Real Estate, Inc. Listed on: 04/12/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Danielle Cornely

RLAH @properties License #657698

Last Buyer's Agent

Frances McGlaughlin

RE/MAX Realty Services License #0225229510

RE/MAX Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1988

HOA Fees

  • $497 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Window Treatments
  • Bay Window
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen in Efficiency Studio
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Public Parking
  • Covered Parking
  • Unassigned Parking

Schools

  • Gaithersburg Elementary And Middle School
  • Gaithersburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160902889391

Community Details

Overview

  • Association fees include management, sewer, trash, water, lawn maintenance
  • Low-Rise Condominium
  • No. 8 Russell Av Community

Amenities

  • Community Storage Space

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,650

Year Built

Built in 1988

Lot Details

0

HOA Fees

$497 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: Spacious 2-bedroom end unit. Minutes walk from MARC-train & public transport; close to I-270, Shops, Dining! Separate Exercise room, Separate Storage room, Elevator Access, Locked-Security building access, Parking Garage! Utilities included in dues (except electric & cable) Beautiful Open-Floor plan. Bright Breakfast-Sun Room area, Updated Granite Kitchen, In-Unit Washer & Dryer and More!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Washer, Dryer, Dishwasher, Disposal, Freezer, Refrigerator, Oven/Range - Electric, Stove, Range Hood
  • Interior Amenities: Breakfast Area, Kitchen - Efficiency, Upgraded Countertops, Primary Bath(s), Entry Level Bedroom, Crown Moldings, Window Treatments, Floor Plan - Open
  • Window Features: Bay/Bow
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Primary Bedroom, Kitchen, Family Room, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 117.39
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public, Unassigned
  • Garage Features: Covered Parking

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 496.99
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Exercise Room
  • HOA Condo Co-Op Fee Includes: Management, Sewer, Trash, Water, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13975043
  • Tax Annual Amount: 1649.70
  • Assessor Parcel Number: 160902889391
  • Tax Total Finished Sq Ft: 1150
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/14/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 12, 2018
Sold by
Ahmadazet Mustafa B
Bought by
Ayivissaka Ayite A
Seller's Agent
David Hu
Samson Properties
Buyer's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
List Price
$149,000
Sold Price
$146,000
Premium/Discount to List
-$3,000
-2.01%
Current Estimated Value
$240,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,768
Avg. Annual Appreciation
6.27%
Original Mortgage
$141,620
Outstanding Balance
$119,939
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$112,522

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 13, 2017
Sold by
Arrington Mianna
Bought by
Ahmadazet Mustafa B
Seller's Agent
David Dabbondanza
Long & Foster Real Estate, Inc.
Buyer's Agent
Frances McGlaughlin
RE/MAX Realty Services
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%
Original Mortgage
$70,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 12, 2011
Closed on
Mar 30, 2012
Sold by
Gaithersburg Holdings Llc
Bought by
Arrington Mianna
Seller's Agent
Min Shin
Urban Igloo LLC
Buyer's Agent
David Dabbondanza
Long & Foster Real Estate, Inc.
List Price
$160,000
Sold Price
$147,000
Premium/Discount to List
-$13,000
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.33%
Original Mortgage
$117,600
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2005
Sold by
Contreras Maria A
Bought by
Contreras Maria A

Purchase Details

Closed on
Dec 1, 2004
Sold by
Contreras Maria A
Bought by
Contreras Maria A

Purchase Details

Closed on
Oct 30, 2003
Sold by
Yuthasastrkosol Paramas I
Bought by
Contreras Maria A
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 Type Sale Price Title Company
Deed $146,000 Rsi Title Llc
Deed $130,000 Rsi Title Llc
Deed $147,000 Fidelity National Title Insu
Deed -- --
Deed -- --
Deed $128,000 --
Deed $128,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $141,620 New Conventional
Previous Owner $70,000 Purchase Money Mortgage
Previous Owner $117,600 New Conventional
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $146,000 -2.0% $127 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $149,000 +14.6% $130 / Sq Ft
06/14/2017 06/14/17 Sold $130,000 -3.7% $113 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/09/2017 05/09/17 Price Changed $135,000 0.0% $117 / Sq Ft
05/09/2017 05/09/17 For Sale $135,000 -3.5% $117 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $139,900 0.0% $122 / Sq Ft
11/08/2015 11/08/15 Rented $1,425 0.0% --
11/05/2015 11/05/15 Under Contract -- -- --
10/03/2015 10/03/15 For Rent $1,425 0.0% --
01/16/2014 01/16/14 Rented $1,425 -4.7% --
01/16/2014 01/16/14 Under Contract -- -- --
11/14/2013 11/14/13 For Rent $1,495 +4.9% --
12/18/2012 12/18/12 Rented $1,425 0.0% --
12/12/2012 12/12/12 Under Contract -- -- --
11/28/2012 11/28/12 For Rent $1,425 0.0% --
03/30/2012 03/30/12 Sold $147,000 -8.1% $127 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $160,000 +8.8% $138 / Sq Ft
01/01/2012 01/01/12 Off Market $147,000 -- --
10/20/2011 10/20/11 Price Changed $160,000 0.0% $138 / Sq Ft
10/20/2011 10/20/11 For Sale $160,000 +8.8% $138 / Sq Ft
10/14/2011 10/14/11 Off Market $147,000 -- --
09/08/2011 09/08/11 Price Changed $199,000 -11.2% $172 / Sq Ft
08/12/2011 08/12/11 For Sale $224,000 -- $194 / 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 $2,052 $170,000 -- --
2024 $2,052 $150,000 $0 $0
2023 $1,091 $130,000 $39,000 $91,000
2022 $1,002 $126,667 $0 $0
2021 $966 $123,333 $0 $0
2020 $918 $120,000 $36,000 $84,000
2019 $923 $120,000 $36,000 $84,000
2018 $924 $120,000 $36,000 $84,000
2017 $958 $120,000 $0 $0
2016 -- $120,000 $0 $0
2015 -- $120,000 $0 $0
2014 -- $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002509061

Bright MLS

APN: 09-02889391