NOT LISTED FOR SALE

8 Russell Ave Unit 402 Gaithersburg, MD 20877

Estimated Value: $203,000 - $282,000

2 Beds
2 Baths
1,154 Sq Ft
44 Sq Ft Lot

Last Sold January 20, 2012

Last sale price $130,000 $113 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,512/month

Highlights

  • Fitness Center
  • Traditional Architecture
  • Meeting Room
  • Traditional Floor Plan
  • Main Floor Bedroom
  • 4-minute walk to Constitution Gardens Park

About This Home

As of September 2018

2 Bedroom with den! Great location....Top Floor corner unit, spacious light filled unit in Old Towne just blks from MARC train, lake forest mall, restaurants, I270. Secury entry w/Elevator! Washer/Dryer, balcony, totally renovated kitchen 2 baths. Ample garage parking, exercise room on same level.

Last Agent to Rent the Property

Bonnie Heytens

Blue Crab Real Estate, LLC. License #45811 Listed on: 08/11/2018

Last Renter's Agent

Bonnie Heytens

Blue Crab Real Estate, LLC. License #45811 Listed on: 08/11/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1988

Lot Details

  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,154 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • ENERGY STAR Qualified Windows
  • Dining Area
  • Galley Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,500
  • Tenant pays for light bulbs/filters/fuses/alarm care, minor interior maintenance, electricity
  • Rent includes additional storage space, common area maintenance, grounds maintenance, parking, trash removal, water, sewer
  • No Smoking Allowed
  • 24-Month Lease Term
  • Available 9/1/18
  • $45 Application Fee
  • Assessor Parcel Number 160902889265

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior building maintenance, management, insurance, parking fee, reserve funds, road maintenance, snow removal, trash, alarm system
  • Low-Rise Condominium
  • No. 8 Russell Av Community
  • The community has rules related to alterations or architectural changes, building or community restrictions, covenants, moving in times, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Service

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,052

Year Built

Built in 1988

Lot Details

0

Parking

2

Rental Info

  • Date Available: 2018-09-01
  • Application Fee: 45.00
  • Lease Term: 24 Months
  • Pets Allowed: Yes
  • Rent Includes: Additional Storage Space, Common Area Maintenance, Grounds Maintenance, Parking, Trash Removal, Water, Sewer
  • Security Deposit: 1500.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Electricity
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 24

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: 32"+ Wide Doors, Elevator
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: 2 Bedroom with den! Great location....Top Floor corner unit, spacious light filled unit in Old Towne just blks from MARC train, lake forest mall, restaurants, I270. Secury entry w/Elevator! Washer/Dryer, balcony, totally renovated kitchen 2 baths. Ample garage parking, exercise room on same level.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Galley, Dining Area, Primary Bath(s), Entry Level Bedroom, Elevator, Floor Plan - Traditional
  • Window Features: Energy Star Qualified
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1154
  • Living Area Sq Ft: 1154
  • Price Per Sq Ft: 1.30
  • Above Grade Finished Sq Ft: 1154
  • 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
  • Roof: Composite
  • 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: Garage
  • Garage Features: Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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 Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Meeting Room, Party Room, Reserved/Assigned Parking, Storage Bin, Security, Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Parking Fee, Reserve Funds, Road Maintenance, Snow Removal, Trash, Alarm System
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Building Restrictions, Covenants, Moving In Times, Parking, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Green Sustainability: Onsite Recycling Center

Lot Info

  • Property Condition: Very Good
  • Zoning: CBD

Tax Info

  • Assessor Parcel Number: 13807102
  • Assessor Parcel Number: 160902889265
  • Tax Total Finished Sq Ft: 1154
  • Close Date: 09/25/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Himachalapathy Choodamani and Himachalapathy Malayappa
Bought by
Choodamani Himachalapathy Revocable Trust and Himachalapathy
Current Estimated Value
$246,216

Purchase Details

Listed on
Jul 26, 2011
Closed on
Jan 20, 2012
Sold by
Person Noni J
Bought by
Himachalapathy Malayappa and Himachalapathy Choodamnai
Seller's Agent
Bernice Abner
Realty Professionals 1st Associates, LLC.
Buyer's Agent
Steve Brumme
Realty Advantage
List Price
$200,000
Sold Price
$130,000
Premium/Discount to List
-$70,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Stevens J Cookie Trustee
Bought by
Person Noni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,850
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2007
Sold by
Stevens J Cookie Trustee
Bought by
Person Noni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,850
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Stevens Joanne C
Bought by
Stevens J Cookie Trustee

Purchase Details

Closed on
Oct 2, 2002
Sold by
Cortes Reynaldo V
Bought by
Stevens Joanne C
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
Choodamani Himachalapathy Revocable Trust -- None Listed On Document
Choodamani Himachalapathy Revocable Trust -- None Listed On Document
Himachalapathy Malayappa $130,000 Michaels Title & Escrow Llc
Person Noni J $224,900 --
Person Noni J $224,900 --
Stevens J Cookie Trustee -- --
Stevens Joanne C $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Himachalapathy Malayappa $97,500
Previous Owner Himachalapathy Malayapa $63,000
Previous Owner Person Noni J $217,850
Previous Owner Person Noni J $217,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Rented $1,500 0.0% --
08/27/2018 08/27/18 Under Contract -- -- --
08/11/2018 08/11/18 For Rent $1,500 +1.7% --
08/15/2017 08/15/17 Rented $1,475 0.0% --
08/15/2017 08/15/17 Under Contract -- -- --
06/16/2017 06/16/17 For Rent $1,475 +5.4% --
07/01/2015 07/01/15 Rented $1,400 0.0% --
05/22/2015 05/22/15 Under Contract -- -- --
05/06/2015 05/06/15 For Rent $1,400 +7.7% --
11/15/2014 11/15/14 Rented $1,300 -13.3% --
11/14/2014 11/14/14 Under Contract -- -- --
09/30/2014 09/30/14 For Rent $1,500 0.0% --
01/20/2012 01/20/12 Sold $130,000 +4.0% $113 / Sq Ft
08/12/2011 08/12/11 Pending -- -- --
07/29/2011 07/29/11 Price Changed $125,000 -37.5% $108 / Sq Ft
07/26/2011 07/26/11 For Sale $200,000 -- $173 / 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 $1,694 $130,000 $39,000 $91,000
2022 $1,596 $126,667 $0 $0
2021 $1,659 $123,333 $0 $0
2020 $0 $120,000 $36,000 $84,000
2019 $1,615 $120,000 $36,000 $84,000
2018 $1,527 $120,000 $36,000 $84,000
2017 $1,650 $120,000 $0 $0
2016 $1,106 $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

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Map

Source: Bright MLS

MLS Number: 1002216246

Bright MLS

APN: 09-02889265