NOT LISTED FOR SALE

8427 Towne Crest Ct Gaithersburg, MD 20877

Estimated Value: $360,000 - $363,397

3 Beds
2.5 Baths
1,360 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $150,000 $110 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,222/month

Highlights

  • Colonial Architecture
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Col. Zadok Magruder High School Rated A-
  • Brick Front

About This Home

As of September 2012

NO MORE SHOWINGS! NO MORE OFFERS! SELLER HAS SELECTED OFFER, IN THE PROCESS OF RATIFYING CONTRACT...GREAT PRICE. 3 BEDROOMS 2 FULL BATHS 1 HALF BATH TOWNHOUSE SOLD-AS. THIS IS A SHORT SALE NEGOTIATED BY A REAL ESTATE ATTORNEY... ONLY 1 BANK (GMAC). HOT LOCATION. WON'T LAST LONG! PLEASE SEE DOCUMENT MANAGER FOR DISCLOSURES.

Last Agent to Sell the Property

Marcia Holmes

(202) 386-3797 marcia@pennpremiergroup.com Penn Premier Real Estate Group, LLC Listed on: 04/11/2012

Last Buyer's Agent

Jhamal McKee

(301) 728-9554 jhamalmckeerealtor@gmail.com Penn Premier Real Estate Group, LLC License #0225255226

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 1972

Lot Details

  • 1,700 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Towne Crest Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160901509915

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,036

Year Built

Built in 1972

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1972
  • Remarks Public: NO MORE SHOWINGS! NO MORE OFFERS! SELLER HAS SELECTED OFFER, IN THE PROCESS OF RATIFYING CONTRACT...GREAT PRICE. 3 BEDROOMS 2 FULL BATHS 1 HALF BATH TOWNHOUSE SOLD-AS. THIS IS A SHORT SALE NEGOTIATED BY A REAL ESTATE ATTORNEY... ONLY 1 BANK (GMAC). HOT LOCATION. WON'T LAST LONG! PLEASE SEE DOCUMENT MANAGER FOR DISCLOSURES.
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8427

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 41.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 141330.00
  • Land Assessed Value: 120000.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1700
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Year Assessed: 2011
  • Zoning: RT12

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13945606
  • Tax Annual Amount: 3035.87
  • Assessor Parcel Number: 160901509915
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 09/21/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
Sep 21, 2012
Sold by
Duvall David and Duvall Andrea
Bought by
Li Gary
Seller's Agent
Marcia Holmes
Penn Premier Real Estate Group, LLC
Buyer's Agent
Jhamal McKee
Penn Premier Real Estate Group, LLC
List Price
$130,000
Sold Price
$150,000
Premium/Discount to List
$20,000
15.38%
Current Estimated Value
$361,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,466
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jul 7, 2006
Sold by
Mccann Theodore B
Bought by
Duvall Andrea and Duvall David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2006
Sold by
Mccann Theodore B
Bought by
Duvall Andrea and Duvall David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 30, 2003
Sold by
Bright Annette L
Bought by
Mccann Theodore B

Purchase Details

Closed on
Jun 23, 1995
Sold by
Newton Douglas C
Bought by
Bright Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,700
Interest Rate
7.82%
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
Li Gary $150,000 Executive Title & Escrow Llc
Duvall Andrea $260,000 --
Duvall Andrea $260,000 --
Mccann Theodore B $176,000 --
Bright Annette L $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duvall Andrea $52,000
Previous Owner Duvall Andrea $208,000
Previous Owner Duvall Andrea $208,000
Previous Owner Bright Annette L $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $150,000 +15.4% $110 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $130,000 -- $96 / 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 $3,245 $266,200 -- --
2024 $3,245 $251,000 $0 $0
2023 $3,052 $235,800 $120,000 $115,800
2022 $1,815 $225,133 $0 $0
2021 $2,647 $214,467 $0 $0
2020 $2,507 $203,800 $100,000 $103,800
2019 $2,495 $203,800 $100,000 $103,800
2018 $2,491 $203,800 $100,000 $103,800
2017 $2,504 $214,100 $0 $0
2016 -- $197,133 $0 $0
2015 $2,344 $180,167 $0 $0
2014 $2,344 $163,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marcia Holmes

    Penn Premier Real Estate Group, LLC

    (202) 386-3797

    14 Total Sales

    Marcia Holmes
    Section Image

  • J

    Buyer's Agent in 2012

    Jhamal McKee

    Penn Premier Real Estate Group, LLC

    (301) 728-9554

    Jhamal McKee
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002247040

Bright MLS

APN: 09-01509915

Maryland Montgomery County Gaithersburg 20877

8427 Towne Crest Ct, Gaithersburg, MD

This home is located at 8427 Towne Crest Ct, Gaithersburg, MD 20877 since 11 April 2012 and is currently estimated at $361,466, approximately $265 per square foot. This property was built in 1972. 8427 Towne Crest Ct is a home located in Montgomery County with nearby schools including Judith A. Resnik Elementary School, Redland Middle School, and Col. Zadok Magruder High School.

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