NOT LISTED FOR SALE

8703 Kelso Terrace Gaithersburg, MD 20877

Stewart Town Neighborhood

Estimated Value: $432,000 - $452,728

4 Beds
2.5 Baths
1,876 Sq Ft
$235/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $360,000 $192 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,716/month

Highlights

  • Private Pool
  • Gourmet Kitchen
  • 1 Fireplace
  • Col. Zadok Magruder High School Rated A-
  • Colonial Architecture
  • Brick Front

About This Home

As of November 2021

This home is located at 8703 Kelso Terrace, Gaithersburg, MD 20877 since 03 December 2021 and is currently estimated at $440,682, approximately $234 per square foot. This property was built in 1985. 8703 Kelso Terrace is a home located in Montgomery County with nearby schools including Flower Hill Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office Listed on: 12/03/2021

Last Buyer's Agent

Eze Okwodu

(301) 559-2872 okwodu1@gmail.com Samson Properties License #SP200201583

Samson Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1985

Lot Details

  • 1,628

HOA Fees

  • $22 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Gourmet Kitchen

Bedrooms and Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Private Pool
  • 1,628 Sq Ft Lot

Community Details

  • Association fees include snow removal, trash
  • Emory Grove Hills Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 160902231634
  • $246 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,196

Year Built

Built in 1985

Lot Details

0

HOA Fees

$22 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: 1985
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Total Sq Ft: 2046
  • Living Area Sq Ft: 1876
  • Price Per Sq Ft: 259.74
  • Above Grade Finished Sq Ft: 1386
  • Below Grade Finished Sq Ft: 490
  • Below Grade Sq Ft: 170
  • Total Below Grade Sq Ft: 660
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8703

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Brick Front, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 194.38
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 65.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • 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: 142270.00
  • Land Assessed Value: 150000.00
  • Land Use Code: R
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1628.00
  • Year Assessed: 2005
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13962973
  • Tax Annual Amount: 2195.91
  • Assessor Parcel Number: 160902231634
  • Tax Lot: 21
  • Tax Page Number: 35
  • Tax Total Finished Sq Ft: 1876
  • County Tax Payment Frequency: Annually
  • Tax Year: 2006
  • Close Date: 11/29/2021

Multi Family

  • Front Foot Fee: 246.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2007
Sold by
Tagro Pierrette V
Bought by
Asiegbunam Ejike C
Current Estimated Value
$440,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$189,503
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,179

Purchase Details

Closed on
Sep 18, 2007
Sold by
Tagro Pierrette V
Bought by
Asiegbunam Ejike C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Tagro Pierrette V
Bought by
Tagro Pierrette V

Purchase Details

Closed on
Apr 14, 2005
Sold by
Tagro Pierrette V
Bought by
Tagro Pierrette V

Purchase Details

Closed on
Jul 12, 2000
Sold by
Chi Jeffery Y
Bought by
Tagro Pierrette V
Source: Public Records

Range of Values:

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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
Asiegbunam Ejike C $295,000 --
Asiegbunam Ejike C $295,000 --
Tagro Pierrette V -- --
Tagro Pierrette V -- --
Tagro Pierrette V $127,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asiegbunam Ejike C $295,000
Previous Owner Asiegbunam Ejike C $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 For Sale $360,000 0.0% $192 / Sq Ft
11/29/2021 11/29/21 Sold $360,000 +17900.0% $192 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
04/04/2020 04/04/20 Rented $2,000 0.0% --
03/27/2020 03/27/20 For Rent $2,000 -- --
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 $4,191 $372,800 -- --
2024 $4,191 $333,100 $0 $0
2023 $3,715 $293,400 $120,000 $173,400
2022 $3,500 $287,467 $0 $0
2021 $6,772 $281,533 $0 $0
2020 $5,065 $275,600 $120,000 $155,600
2019 $2,533 $269,967 $0 $0
2018 $2,920 $264,333 $0 $0
2017 $2,374 $258,700 $0 $0
2016 -- $246,000 $0 $0
2015 $2,094 $233,300 $0 $0
2014 $2,094 $220,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eze Okwodu

    Buyer's Agent in 2021

    Eze Okwodu

    Samson Properties

    (301) 559-2872

    1 in this area

    256 Total Sales

    Eze Okwodu
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Map

Source: Bright MLS

MLS Number: MDMC2025628

Bright MLS

APN: 09-02231634

Maryland Montgomery County Gaithersburg 20877 Stewart Town

8703 Kelso Terrace, Gaithersburg, MD

This home is located at 8703 Kelso Terrace, Gaithersburg, MD 20877 since 03 December 2021 and is currently estimated at $440,682, approximately $234 per square foot. This property was built in 1985. 8703 Kelso Terrace is a home located in Montgomery County with nearby schools including Flower Hill Elementary School, Shady Grove Middle School, and Col. Zadok Magruder High School.

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