NOT LISTED FOR SALE

8 Russell Ave Unit 410 Gaithersburg, MD 20877

Estimated Value: $233,906 - $251,000

2 Beds
2 Baths
1,161 Sq Ft
$433/mo HOA Fee

Last Sold April 07, 2015

Last sale price $92,500 $80 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,901/month

77 Days on Market

Highlights

  • Traditional Floor Plan
  • Galley Kitchen
  • Dining Area
  • Balcony
  • Central Air
  • 4-minute walk to Constitution Gardens Park

About This Home

As of April 2015

Balcony, updated kitchen & bath.

Last Agent to Sell the Property

Gladwin D'Costa

Maryland REO Realty, LLC License #308149 Listed on: 12/08/2014

Last Buyer's Agent

Jumei Zhang

Signature Home Realty LLC License #584942

Signature Home Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • 44

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • Parking Space Conveys

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,161 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Casement Windows
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902889505

Community Details

Overview

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

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1988
  • Remarks Public: Balcony, updated kitchen & bath.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Kitchen - Galley, Dining Area, Floor Plan - Traditional
  • Window Features: Casement
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1161
  • Living Area Sq Ft: 1161
  • Price Per Sq Ft: 86.05
  • Above Grade Finished Sq Ft: 1161
  • 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
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 433.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 126000.00
  • Land Assessed Value: 54000.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2014
  • Zoning: CBD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13975054
  • Tax Annual Amount: 2372.99
  • Assessor Parcel Number: 160902889505
  • Tax Total Finished Sq Ft: 1161
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/07/2015

Multi Family

  • Metering: All Common

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Mar 16, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sun Hai Qiang
Seller's Agent
Gladwin D'Costa
Maryland REO Realty, LLC
Buyer's Agent
Jumei Zhang
Signature Home Realty LLC
List Price
$105,900
Sold Price
$92,500
Premium/Discount to List
-$13,400
-12.65%
Current Estimated Value
$239,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,727
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Oct 6, 2014
Sold by
Smith Brian L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2005
Sold by
Demare Mary
Bought by
Smith Brian L

Purchase Details

Closed on
Aug 13, 2001
Sold by
Perry Don S
Bought by
Demare Mary
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
Sun Hai Qiang $92,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $108,377 None Available
Smith Brian L $205,000 --
Demare Mary $102,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $92,500 -7.4% $80 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
02/17/2015 02/17/15 Price Changed $99,900 -5.7% $86 / Sq Ft
02/10/2015 02/10/15 For Sale $105,900 0.0% $91 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/08/2015 01/08/15 Price Changed $105,900 -15.2% $91 / Sq Ft
12/08/2014 12/08/14 For Sale $124,900 -- $108 / 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 $1,966 $156,667 -- --
2024 $1,966 $143,333 $0 $0
2023 $1,783 $130,000 $39,000 $91,000
2022 $1,596 $126,667 $0 $0
2021 $1,659 $123,333 $0 $0
2020 $1,611 $120,000 $36,000 $84,000
2019 $1,616 $120,000 $36,000 $84,000
2018 $1,617 $120,000 $36,000 $84,000
2017 $1,650 $120,000 $0 $0
2016 $1,923 $120,000 $0 $0
2015 $1,923 $120,000 $0 $0
2014 $1,923 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gladwin D'Costa

    Seller's Agent in 2015

    Gladwin D'Costa

    Maryland REO Realty, LLC

    (240) 568-4100

    1 in this area

    115 Total Sales

    Gladwin D'Costa
    Section Image
  • Jumei Zhang

    Buyer's Agent in 2015

    Jumei Zhang

    Signature Home Realty LLC

    (202) 459-3385

    2 in this area

    101 Total Sales

    Jumei Zhang
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003275702

Bright MLS

APN: 09-02889505

Maryland Montgomery County Gaithersburg 20877

8 Russell Ave Unit 410, Gaithersburg, MD

This home is located at 8 Russell Ave Unit 410, Gaithersburg, MD 20877 since 08 December 2014 and is currently estimated at $239,227, approximately $206 per square foot. This property was built in 1988. 8 Russell Ave Unit 410 is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

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