NOT LISTED FOR SALE

9 N Summit Ave Gaithersburg, MD 20877

Estimated Value: $763,271

Studio
-- Bath
2,820 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 9 N Summit Ave, Gaithersburg, MD 20877 and is currently estimated at $763,271, approximately $270 per square foot. 9 N Summit Ave is a home located in Montgomery County with nearby schools including Gaithersburg Elementary School, Gaithersburg Middle School, and Gaithersburg High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2007
Sold by
Thompson Rodney M Tr
Bought by
North Summit Llc
Current Estimated Value
$763,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$300,642
Interest Rate
6.23%
Mortgage Type
Commercial
Estimated Equity
$462,629

Purchase Details

Closed on
Feb 9, 2007
Sold by
Thompson Rodney M Tr
Bought by
North Summit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$300,642
Interest Rate
6.23%
Mortgage Type
Commercial
Estimated Equity
$462,629

Purchase Details

Closed on
Jan 28, 2005
Sold by
Thompson Rodney M Tr
Bought by
Thompson Rodney M Et Al Tr

Purchase Details

Closed on
May 16, 1996
Sold by
Thompson Rodney M
Bought by
Rodney M Thompson Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
North Summit Llc $590,000 --
North Summit Llc $590,000 --
Thompson Rodney M Et Al Tr -- --
Rodney M Thompson Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Summit Llc $500,000
Closed North Summit Llc $500,000
Source: Public Records

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 $9,880 $755,667 -- --
2024 $9,880 $742,033 $0 $0
2023 $9,660 $728,400 $39,200 $689,200
2022 $9,123 $706,000 $0 $0
2021 $8,560 $683,600 $0 $0
2020 $8,560 $661,200 $39,200 $622,000
2019 $8,475 $652,567 $0 $0
2018 $8,402 $643,933 $0 $0
2017 $8,396 $635,300 $0 $0
2016 $7,289 $613,900 $0 $0
2015 $7,289 $592,500 $0 $0
2014 $7,289 $571,100 $0 $0
Source: Public Records

Map

Maryland Montgomery County Gaithersburg 20877

9 N Summit Ave, Gaithersburg, MD

Not Listed for Sale

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