NOT LISTED FOR SALE

854 Quince Orchard Blvd Unit T2 Gaithersburg, MD 20878

Estimated Value: $157,000 - $192,000

2 Beds
1 Bath
1,021 Sq Ft
$653/mo HOA Fee

Last Sold September 29, 2021

Last sale price $124,000 $121 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,737/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Tennis Courts
  • Lakelands Park Middle School Rated A
  • Community Pool
  • 3-minute walk to Diamond Farms

About This Home

As of September 2021

Spacious, well-appointed 2 bedroom and 1 bath unit with large fenced patio! Property features separate dining room, large living room, eat-in kitchen with ample cabinetry and counter space. Assigned parking and extra storage unit are included! Condo fees include all utilities. Excellent location next to the park and near Elementary school. Community has a pool, clubhouse and tennis courts. Fantastic investment opportunity!

Last Agent to Sell the Property

Pennye Green

(202) 247-5668 pennye.greenteam@gmail.com Long & Foster Real Estate, Inc. License #301403 Listed on: 08/19/2021

Long & Foster Real Estate, Inc.

Co-Listed By

Nadia Aminov

(571) 331-9745 nadia.aminov@gmail.com Long & Foster Real Estate, Inc. License #0225083579

Last Buyer's Agent

Vishal Gupta

(301) 793-6663 vishal@sngeng.com Prestige Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1967

Lot Details

  • 2,439

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,021 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Assigned parking located at #E39
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160902166384

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, common area maintenance, heat, insurance, lawn maintenance, management, parking fee, pool(s), reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Potomac Oaks Condominium Condos, Phone Number (301) 987-9797
  • Diamond Farm Cod Community
  • Diamond Farm Codm Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,244

Year Built

Built in 1967

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Assigned Parking Space Numbers: E39
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1021
  • Living Area Sq Ft: 1021
  • Price Per Sq Ft: 127.23
  • Above Grade Finished Sq Ft: 1021
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 653.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Oaks Condominium
  • Condo Co-Op Phone: 301-987-9797
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Extra Storage, Tennis Courts, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Common Area Maintenance, Heat, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 73500.00
  • Land Assessed Value: 31500.00
  • Zoning: C1
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13962165
  • Tax Annual Amount: 1244.00
  • Assessor Parcel Number: 160902166384
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 29, 2021
Sold by
Cato Marcus A
Bought by
Capital Investments & Management Llc
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Vishal Gupta
Prestige Realty LLC
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Current Estimated Value
$179,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,370
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Sullivan Charlotte S
Bought by
Cato Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2007
Sold by
Sullivan Charlotte S
Bought by
Cato Marcus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2006
Sold by
Sullivan Charlotte S
Bought by
Sullivan Nancy

Purchase Details

Closed on
Dec 29, 2005
Sold by
Sullivan Charlotte S
Bought by
Sullivan Nancy

Purchase Details

Closed on
Aug 24, 2005
Sold by
Sullivan Nancy
Bought by
Sullivan Charlotte S

Purchase Details

Closed on
May 23, 2005
Sold by
Sullivan Nancy
Bought by
Sullivan Charlotte S

Purchase Details

Closed on
Jul 12, 2000
Sold by
Sec Of Housing & Urban Dev
Bought by
Sullivan Nancy

Purchase Details

Closed on
Sep 17, 1999
Sold by
Percy Carol
Bought by
Sec Of Housing & Urban Dev

Purchase Details

Closed on
Nov 21, 1997
Sold by
I Carol and I Percy M
Bought by
Percy Carol

Purchase Details

Closed on
Oct 22, 1997
Sold by
Grigsby Carol
Bought by
I Carol and I Percy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capital Investments & Management Llc $124,000 Michaels T&E Llc
Cato Marcus A $185,000 --
Cato Marcus A $185,000 --
Sullivan Nancy -- --
Sullivan Nancy -- --
Sullivan Charlotte S -- --
Sullivan Charlotte S -- --
Sullivan Charlotte S -- --
Sullivan Charlotte S -- --
Sullivan Nancy $50,040 --
Sec Of Housing & Urban Dev $63,500 --
Percy Carol -- --
I Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cato Marcus A $185,000
Previous Owner Cato Marcus A $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $124,000 -4.5% $121 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $129,900 -- $127 / 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 $1,670 $135,000 -- --
2024 $1,670 $120,000 $0 $0
2023 $1,468 $105,000 $31,500 $73,500
2022 $1,367 $100,000 $0 $0
2021 $1,309 $95,000 $0 $0
2020 $1,241 $90,000 $27,000 $63,000
2019 $1,245 $90,000 $27,000 $63,000
2018 $1,145 $90,000 $27,000 $63,000
2017 $575 $90,000 $0 $0
2016 $979 $90,000 $0 $0
2015 $979 $90,000 $0 $0
2014 $979 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2012164

Bright MLS

APN: 09-02166384