NOT LISTED FOR SALE

8331 Shady Spring Dr Gaithersburg, MD 20877

Estimated Value: $416,200 - $445,000

3 Beds
1 Bath
1,008 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $315,000 $312 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,649/month

Highlights

  • Rambler Architecture
  • Central Heating and Cooling System
  • Ceiling Fan
  • Sequoyah Elementary School Rated A
  • Combination Dining and Living Room
  • Dogs and Cats Allowed

About This Home

As of August 2020

HUGE PRICE REDUCTION!! Welcome home, to this move-in ready, 3 Bedroom, 1 Bathroom, Rambler in Gaithersburg, MD. Featuring Vaulted Ceilings, the Dining/ Living Room Combination is spacious and open. The rooms are bright with natural light. Washer and Dryer included. New carpet recently installed throughout the home. A private fence, encloses the backyard, which is easily accessible from the main room of the home. The property also features an attached 1 car garage with workshop/extra storage room for anything you could think of! This property is full of potential and priced to move. Located in the Mineral Spring Village community. Close to Shady Grove Metro & Upper County Community Center. Reserve your Showing today!

Last Agent to Sell the Property

Sendi Joya Amaya

(240) 507-6417 sendijoya@lnf.com Long & Foster Real Estate, Inc. License #675885 Listed on: 04/23/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Alfonso Tamayo

(301) 252-1185 alfonsotamayo@aol.com Heymann Realty, LLC

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1976

Lot Details

  • 4,200 Sq Ft Lot
  • Property is zoned R60

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Rambler Architecture

Interior Spaces

  • 1,008 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Mineral Springs HOA, Phone Number (301) 253-1222
  • Mineral Spring Village Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160901621345

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 1976

Lot Details

0

HOA Fees

$52 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-04-23
  • Federal Flood Zone: No
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: HUGE PRICE REDUCTION!! Welcome home, to this move-in ready, 3 Bedroom, 1 Bathroom, Rambler in Gaithersburg, MD. Featuring Vaulted Ceilings, the Dining/ Living Room Combination is spacious and open. The rooms are bright with natural light. Washer and Dryer included. New carpet recently installed throughout the home. A private fence, encloses the backyard, which is easily accessible from the main room of the home. The property also features an attached 1 car garage with workshop/extra storage room for anything you could think of! This property is full of potential and priced to move. Located in the Mineral Spring Village community. Close to Shady Grove Metro & Upper County Community Center. Reserve your Showing today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1008
  • Living Area Sq Ft: 1008
  • Price Per Sq Ft: 312.50
  • Above Grade Finished Sq Ft: 1008
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8331

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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: No
  • Garage Features: Covered Parking, Garage - Front Entry
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Driveway
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 213.26
  • 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

  • HOA Fees: 52.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: MINERAL SPRINGS HOA
  • HOA Phone: 301-253-1222
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 74700.00
  • Land Assessed Value: 168600.00
  • Land Use Code: 011
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4200.00
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13948938
  • Tax Annual Amount: 2972.00
  • Assessor Parcel Number: 160901621345
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/27/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Aug 27, 2020
Sold by
Bockstanz Debra M
Bought by
Huaman Emily M
Seller's Agent
Sendi Joya Amaya
Long & Foster Real Estate, Inc.
Buyer's Agent
Alfonso Tamayo
Heymann Realty, LLC
List Price
$345,000
Sold Price
$315,000
Premium/Discount to List
-$30,000
-8.7%
Current Estimated Value
$430,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,300
Avg. Annual Appreciation
5.23%
Original Mortgage
$299,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2010
Sold by
Palacios Yuly
Bought by
Bockstanz Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2005
Sold by
Howard Towanna R
Bought by
Palacios Yuly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 12, 1998
Sold by
B N and K Le L
Bought by
Howard Towanna R
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
Huaman Emily M $315,000 Commonwealth Land Ttl Ins Co
Bockstanz Debra M $160,000 --
Palacios Yuly $300,000 --
Howard Towanna R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huaman Emily M $299,250
Previous Owner Palacios Yuly $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $315,000 0.0% $313 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $315,000 -6.0% $313 / Sq Ft
06/01/2020 06/01/20 Price Changed $335,000 -2.9% $332 / Sq Ft
04/23/2020 04/23/20 For Sale $345,000 -- $342 / 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 $3,776 $302,700 -- --
2024 $3,776 $289,100 $0 $0
2023 $2,902 $275,500 $168,600 $106,900
2022 $2,637 $264,767 $0 $0
2021 $3,159 $254,033 $0 $0
2020 $6,029 $243,300 $168,600 $74,700
2019 $2,973 $240,800 $0 $0
2018 $2,942 $238,300 $0 $0
2017 $2,123 $235,800 $0 $0
2016 $2,072 $218,667 $0 $0
2015 $2,072 $201,533 $0 $0
2014 $2,072 $184,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC702576

Bright MLS

APN: 09-01621345