NOT LISTED FOR SALE

8 Russell Ave Unit 212 Gaithersburg, MD 20877

Estimated Value: $233,030 - $255,000

2 Beds
2 Baths
1,116 Sq Ft
$482/mo HOA Fee

Last Sold October 30, 2020

Last sale price $178,000 $159 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,971/month

Highlights

  • Open Floorplan
  • Garden View
  • Stainless Steel Appliances
  • Contemporary Architecture
  • Sun or Florida Room
  • 4-minute walk to Constitution Gardens Park

About This Home

As of October 2020

Enjoy the convenience of 1 level living in this updated 2 bedroom, 2 bath condo that boasts new carpet and a fresh, neutral color palette. The open concept floor plan includes the dining room, living room, and Florida room showcasing expansive windows providing abundant natural light with access to the private balcony. The completely updated kitchen features stylish black granite counters, wood cabinetry, tile flooring, and stainless appliances including a built in microwave and glass top electric range. The primary bedroom has a large walk in closet and attached full bath. A second spacious bedroom and full bath, plus stacked washer and dryer complete this comfortable home. A convenient storage room is located on the same floor level. Gaithersburg offers a wide variety of shopping, dining and entertainment options. Commuter routes MD-270, 27, and 97 provide easy access to Washington D.C. and Baltimore. Walk to the MARC commuter rail station! Nearby Bohrer Water Park and Rock Creek Regional Park for outdoor recreation. You wont want to miss this home!

Last Agent to Sell the Property

Stefan Holtz

(410) 997-9099 stefan@123house4sale.com Northrop Realty License #532202 Listed on: 09/17/2020

Northrop Realty

Last Buyer's Agent

Jack Wang

(240) 731-9919 jack@rlathome.com RLAH @properties

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1988

Lot Details

  • Property is in very good condition

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,116 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Garden Views

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Gaithersburg Elementary And Middle School
  • Gaithersburg High School

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902889540

Community Details

Overview

  • Association fees include common area maintenance
  • Low-Rise Condominium
  • No. 8 Russell Av Community

Amenities

  • Common Area

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,612

Year Built

Built in 1988

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Remarks Public: Enjoy the convenience of 1 level living in this updated 2 bedroom, 2 bath condo that boasts new carpet and a fresh, neutral color palette. The open concept floor plan includes the dining room, living room, and Florida room showcasing expansive windows providing abundant natural light with access to the private balcony. The completely updated kitchen features stylish black granite counters, wood cabinetry, tile flooring, and stainless appliances including a built in microwave and glass top electric range. The primary bedroom has a large walk in closet and attached full bath. A second spacious bedroom and full bath, plus stacked washer and dryer complete this comfortable home. A convenient storage room is located on the same floor level. Gaithersburg offers a wide variety of shopping, dining and entertainment options. Commuter routes MD-270, 27, and 97 provide easy access to Washington D.C. and Baltimore. Walk to the MARC commuter rail station! Nearby Bohrer Water Park and Rock Creek Regional Park for outdoor recreation. You wont want to miss this home!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Flooring Type: Carpet, Ceramic Tile, Concrete
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Casement, Double Pane, Screens, Wood Frame
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Sun/Florida Room, Storage Room
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1116
  • Living Area Sq Ft: 1116
  • Price Per Sq Ft: 165.77
  • Above Grade Finished Sq Ft: 1116
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Unknown
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Electric
  • Security: Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84000.00
  • Land Assessed Value: 36000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13975058
  • Tax Annual Amount: 1612.00
  • Assessor Parcel Number: 160902889540
  • Tax Total Finished Sq Ft: 1116
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 30, 2020
Sold by
Bauer Kirk M
Bought by
Abreu Jose Angel Negron
Seller's Agent
Stefan Holtz
Northrop Realty
Buyer's Agent
Jack Wang
RLAH @properties
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%
Current Estimated Value
$244,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,258
Avg. Annual Appreciation
6.59%
Original Mortgage
$165,900
Outstanding Balance
$147,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,631

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bauer Kirk M
Bought by
Bauer Kirk M
Source: Public Records

Range of Values:

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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
Abreu Jose Angel Negron $178,000 Counselors Title Llc
Bauer Kirk M -- --
Bauer Kirk M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abreu Jose Angel Negron $165,900
Closed Abreu Jose Angel Negron $21,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $178,000 -3.8% $159 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $185,000 0.0% $166 / Sq Ft
07/01/2019 07/01/19 Rented $1,450 0.0% --
06/19/2019 06/19/19 Price Changed $1,450 -3.0% $1 / Sq Ft
05/29/2019 05/29/19 Price Changed $1,495 -3.5% $1 / Sq Ft
04/22/2019 04/22/19 For Rent $1,550 -- --
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 $2,331 $173,333 -- --
2024 $2,331 $171,667 $0 $0
2023 $2,991 $170,000 $51,000 $119,000
2022 $1,335 $153,333 $0 $0
2021 $1,133 $136,667 $0 $0
2020 $1,608 $120,000 $36,000 $84,000
2019 $1,613 $120,000 $36,000 $84,000
2018 $1,527 $120,000 $36,000 $84,000
2017 $1,650 $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: MDMC725810

Bright MLS

APN: 09-02889540