NOT LISTED FOR SALE

8435 Towne Crest Ct Gaithersburg, MD 20877

Estimated Value: $352,000 - $374,550

3 Beds
2.5 Baths
1,320 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $276,000 $209 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,243/month

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 90% Forced Air Heating and Cooling System
  • Col. Zadok Magruder High School Rated A-
  • Level Entry For Accessibility

About This Home

As of December 2020

Fully renovated Townhome with spacious 3 BD, 2.1 BR & Den. Updated kitchen has breakfast table space featuring  brand new stainless steel appliances, cabinets and granite counter-top.  New laminate flooring  in formal dining and family rooms, new carpet throughout the whole house.  Fenced  backyard and covered Patio. Close to shopping centers, bus stop, metro, ICC 200 and 270 HWY.

Last Agent to Sell the Property

Naresh Mahajan

(202) 321-0590 naresh@nareshmahajan.com Fathom Realty MD, LLC License #528814 Listed on: 11/24/2020

Fathom Realty MD, LLC

Last Buyer's Agent

Mark Smith

(301) 580-3921 markandjuliehomes@gmail.com RE/MAX Realty Group

RE/MAX Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1972

Lot Details

  • 1,700

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,320 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • 1,700 Sq Ft Lot

Community Details

  • Towne Crest Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 160901509881

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,512

Year Built

Built in 1972

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: Fully renovated Townhome with spacious 3 BD, 2.1 BR & Den. Updated kitchen has breakfast table space featuring  brand new stainless steel appliances, cabinets and granite counter-top.  New laminate flooring  in formal dining and family rooms, new carpet throughout the whole house.  Fenced  backyard and covered Patio. Close to shopping centers, bus stop, metro, ICC 200 and 270 HWY.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1320
  • Living Area Sq Ft: 1320
  • Price Per Sq Ft: 208.26
  • Above Grade Finished Sq Ft: 1320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8435

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 44.75
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • 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

  • Improvement Assessed Value: 105400.00
  • Land Assessed Value: 100000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1700.00
  • Year Assessed: 2020
  • Zoning: RT12.
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13945603
  • Tax Annual Amount: 2512.00
  • Assessor Parcel Number: 160901509881
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 1320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/29/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Dec 29, 2020
Sold by
Mendhiratta Arjun
Bought by
Koenig Katelyn Anne and Prebula Patrick
Seller's Agent
Naresh Mahajan
Fathom Realty MD, LLC
Buyer's Agent
Mark Smith
RE/MAX Realty Group
List Price
$274,900
Sold Price
$276,000
Premium/Discount to List
$1,100
0.4%
Current Estimated Value
$362,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,138
Avg. Annual Appreciation
5.81%
Original Mortgage
$248,400
Outstanding Balance
$221,698
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$140,440

Purchase Details

Closed on
Aug 26, 2005
Sold by
Lazo Mario
Bought by
Lazo Mario and Lazo Maria Montiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2005
Sold by
Lazo Mario
Bought by
Lazo Mario and Lazo Maria Montiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2002
Sold by
Curran J Thomas J and Curran A M
Bought by
Lazo Mario
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
Koenig Katelyn Anne $276,000 First American Title Ins Co
Lazo Mario -- --
Lazo Mario -- --
Lazo Mario $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koenig Katelyn Anne $248,400
Previous Owner Lazo Mario $173,500
Previous Owner Lazo Mario $173,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $276,000 +0.4% $209 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $274,900 0.0% $208 / Sq Ft
08/13/2017 08/13/17 Rented $1,600 0.0% --
08/11/2017 08/11/17 Under Contract -- -- --
06/23/2017 06/23/17 For Rent $1,600 +6.7% --
09/16/2013 09/16/13 Rented $1,500 -3.2% --
09/14/2013 09/14/13 Under Contract -- -- --
08/30/2013 08/30/13 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 $3,393 $289,967 -- --
2024 $3,393 $263,833 $0 $0
2023 $3,766 $237,700 $120,000 $117,700
2022 $2,140 $226,933 $0 $0
2021 $2,666 $216,167 $0 $0
2020 $5,049 $205,400 $100,000 $105,400
2019 $2,513 $205,400 $100,000 $105,400
2018 $2,269 $205,400 $100,000 $105,400
2017 $2,516 $215,700 $0 $0
2016 $3,023 $198,167 $0 $0
2015 $3,023 $180,633 $0 $0
2014 $3,023 $163,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Naresh Mahajan

    Seller's Agent in 2020

    Naresh Mahajan

    Fathom Realty

    (202) 321-0590

    1 in this area

    19 Total Sales

    Naresh Mahajan
    Section Image
  • Mark Smith

    Buyer's Agent in 2020

    Mark Smith

    Remax Realty Group

    (301) 580-3921

    8 in this area

    132 Total Sales

    Mark Smith
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC736172

Bright MLS

APN: 09-01509881

Maryland Montgomery County Gaithersburg 20877

8435 Towne Crest Ct, Gaithersburg, MD

This home is located at 8435 Towne Crest Ct, Gaithersburg, MD 20877 since 24 November 2020 and is currently estimated at $362,138, approximately $274 per square foot. This property was built in 1972. 8435 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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