NOT LISTED FOR SALE

8825 Thomas Lea Terrace Montgomery Village, MD 20886

Estimated Value: $504,000 - $525,000

4 Beds
3.5 Baths
2,214 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $370,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,311/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Community Lake
  • Vaulted Ceiling
  • Goshen Elementary School Rated A-
  • Deck
  • Traditional Floor Plan

About This Home

As of August 2018

Totally Renovated Townhouse has 4BR & 3.5 updated BAs. HDW floors & ceramic tiles. Updated kitchen w/ 42' cherry cabinetry, granite counters, breakfast area, & stainless steel appliances. Lower level has a walk-out to the 2-level patio, recreation room w/wet bar, 4th BR, full bath. Main level deck overlooks the gated fenced backyard & woods. Replacement windows & doors. Home Warranty!

Last Agent to Sell the Property

Audrey Primozic

Weichert, REALTORS License #91003 Listed on: 07/05/2018

Weichert, REALTORS

Last Buyer's Agent

Bill Mulligan

United Real Estate

United Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1986

Lot Details

  • 1,600 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced
  • Landscaped
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 2,214 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Sliding Doors
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 198
  • Assessor Parcel Number 160102489231

Community Details

Overview

  • Association fees include management, pool(s), road maintenance, trash
  • Montgomery Village Community
  • The Reach Subdivision
  • The community has rules related to alterations or architectural changes, commercial vehicles not allowed
  • Community Lake

Amenities

  • Party Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,855

Year Built

Built in 1986

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-07-06
  • Year Built: 1986
  • Remarks Public: Totally Renovated Townhouse has 4BR & 3.5 updated BAs. HDW floors & ceramic tiles. Updated kitchen w/ 42' cherry cabinetry, granite counters, breakfast area, & stainless steel appliances. Lower level has a walk-out to the 2-level patio, recreation room w/wet bar, 4th BR, full bath. Main level deck overlooks the gated fenced backyard & woods. Replacement windows & doors. Home Warranty!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Eat-In, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Tray Ceilings, Vaulted Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Foyer, Breakfast Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Outside Entrance, Fully Finished, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2214
  • Living Area Sq Ft: 2214
  • Price Per Sq Ft: 164.86
  • Above Grade Finished Sq Ft: 2214
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8825

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 318.34
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Lake, Party Room, Pool - Outdoor, Recreational Center, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Pool(s), Road Maintenance, Trash
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Alterations/Architectural Changes
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 157400.00
  • Land Assessed Value: 180000.00
  • Lot Features: Backs To Trees, Landscaping
  • Lot Size Acres: 0.04
  • Lot Size Area: 1600
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: TS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13788155
  • Tax Annual Amount: 3854.94
  • Assessor Parcel Number: 160102489231
  • Tax Lot: 198
  • Tax Total Finished Sq Ft: 2214
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 08/22/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Aug 22, 2018
Sold by
Carvalho Alice P
Bought by
Macky Silimana
Seller's Agent
Audrey Primozic
Weichert, REALTORS
Buyer's Agent
Bill Mulligan
United Real Estate
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$512,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,420
Avg. Annual Appreciation
4.46%
Original Mortgage
$351,500
Outstanding Balance
$310,269
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$191,250

Purchase Details

Closed on
May 18, 2011
Sold by
Mazarella Jean M
Bought by
Carvalho Alice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,206
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2011
Sold by
Mazarella Jean M
Bought by
Carvalho Alice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,206
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2010
Sold by
Mazarella Jean M
Bought by
Mazarella Jean M

Purchase Details

Closed on
Jun 20, 2006
Sold by
Heale Christopher R
Bought by
Mazarella Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2006
Sold by
Heale Christopher R
Bought by
Mazarella Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2001
Sold by
Hendrixson David W
Bought by
Heale Christopher R

Purchase Details

Closed on
May 13, 1999
Sold by
L Barbara S and L Beem M
Bought by
David W Hendrixson

Purchase Details

Closed on
Jan 8, 1997
Sold by
Rizzo Edward and Rizzo N
Bought by
L Barbara S and L Beem M
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
Macky Silimana $370,000 Title One Settlement Group L
Carvalho Alice P $268,000 --
Carvalho Alice P $268,000 First American Title Ins Co
Carvalho Alice P $268,000 --
Mazarella Jean M -- --
Mazarella Jean M $399,900 --
Mazarella Jean M $399,900 --
Heale Christopher R $185,000 --
David W Hendrixson $154,000 --
L Barbara S $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macky Silimana $351,500
Previous Owner Carvalho Alice P $237,000
Previous Owner Carvalho Alice P $261,206
Previous Owner Carvalho Alice P $261,206
Previous Owner Mazarella Jean M $319,920
Previous Owner Mazarella Jean M $319,920
Previous Owner Mazarella Jean M $319,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Sold $370,000 +1.4% $167 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $365,000 -- $165 / 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
2024 $4,797 $385,733 $0 $0
2023 $5,204 $362,500 $150,000 $212,500
2022 $3,544 $354,133 $0 $0
2021 $3,402 $345,767 $0 $0
2020 $3,289 $337,400 $180,000 $157,400
2019 $3,217 $332,067 $0 $0
2018 $3,157 $326,733 $0 $0
2017 $3,000 $321,400 $0 $0
2016 -- $300,467 $0 $0
2015 $2,884 $279,533 $0 $0
2014 $2,884 $258,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Audrey Primozic

    Seller's Agent in 2018

    Audrey Primozic

    Weichert Corporate

    (301) 503-6554

    15 in this area

    96 Total Sales

    Section Image
  • Bill Mulligan

    Buyer's Agent in 2018

    Bill Mulligan

    United Real Estate

    (240) 426-2328

    1 in this area

    35 Total Sales

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Map

Source: Bright MLS

MLS Number: 1001973958

Bright MLS

APN: 01-02489231

Maryland Montgomery County Montgomery Village 20886

8825 Thomas Lea Terrace, Montgomery Village, MD

This home is located at 8825 Thomas Lea Terrace, Montgomery Village, MD 20886 since 05 July 2018 and is currently estimated at $512,420, approximately $231 per square foot. This property was built in 1986. 8825 Thomas Lea Terrace is a home located in Montgomery County with nearby schools including Goshen Elementary School, Forest Oak Middle School, and Gaithersburg High School.

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