NOT LISTED FOR SALE

Washingtonian Tower 9701 Fields Rd Unit 1700 Gaithersburg, MD 20878

Shady Grove Neighborhood

Estimated Value: $203,838 - $246,000

1 Bed
1 Bath
879 Sq Ft
$494/mo HOA Fee

Last Sold December 28, 2012

Last sale price $147,000 $167 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,796/month

12 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Community Pool
  • Fallsmead Elementary School Rated A
  • Contemporary Architecture
  • Galley Kitchen

About This Home

As of December 2012

Terrific location! Great view from the 17th floor of the tallest building in Gaithersburg, 24/7 concierge in grand lobby, walk to restaurants, shops, lake, and more! Come see. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Madlin Mahdawi

(301) 785-3300 madlin@independentrealty1.com Independent Realty, Inc License #0225079712 Listed on: 11/21/2012

Last Buyer's Agent

Kai Zhang

(202) 431-5176 harborealty@gmail.com Harbor Realty & Investments LLC License #583118

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1966

Lot Details

  • 1,263

HOA Fees

  • $494 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 879 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Handicap Parking
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Radiator

Listing and Financial Details

  • Assessor Parcel Number 160901862716

Community Details

Overview

  • Association fees include air conditioning, custodial services maintenance, electricity, management, insurance, pool(s), reserve funds, sewer, snow removal
  • High-Rise Condominium
  • Washington Tower Community
  • The community has rules related to moving in times

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Concierge
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,746

Year Built

Built in 1966

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 15+
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 879
  • Living Area Sq Ft: 879
  • Price Per Sq Ft: 180.89
  • Above Grade Finished Sq Ft: 879
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Handicap Parking, Unassigned

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 494.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Custodial Services Maintenance, Electricity, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal
  • HOA Condo Co-Op Rules: Moving In Times, Pets - Allowed
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 98000.00
  • Land Assessed Value: 42000.00
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13954804
  • Tax Annual Amount: 1746.31
  • Assessor Parcel Number: 160901862716
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
Dec 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Hu Tai and Yeh Tzu Hui
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Kai Zhang
Harbor Realty & Investments LLC
List Price
$159,000
Sold Price
$147,000
Premium/Discount to List
-$12,000
-7.55%
Current Estimated Value
$220,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,960
Avg. Annual Appreciation
3.17%

Purchase Details

Listed on
Nov 21, 2012
Closed on
Dec 14, 2012
Sold by
Schwartz James Paul
Bought by
Federal National Mortgage Association and Fannie Mae
Seller's Agent
Madlin Mahdawi
Independent Realty, Inc
Buyer's Agent
Kai Zhang
Harbor Realty & Investments LLC
List Price
$159,000
Sold Price
$147,000
Premium/Discount to List
-$12,000
-7.55%

Purchase Details

Closed on
Nov 7, 2008
Sold by
Noll Jennie M
Bought by
Schwartz James Paul 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,625
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2008
Sold by
Noll Jennie M
Bought by
Schwartz James Paul 3Rd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,625
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2003
Sold by
Feng Yan L
Bought by
Noll Jennie M

Purchase Details

Closed on
Mar 4, 1998
Sold by
Falta Inc
Bought by
Feng Yan L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hu Tai $147,000 First American Title Ins Co
Federal National Mortgage Association $195,321 None Available
Schwartz James Paul 3Rd $177,500 --
Schwartz James Paul 3Rd $177,500 --
Noll Jennie M $160,000 --
Noll Jennie M $160,000 --
Feng Yan L $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz James Paul 3Rd $168,625
Previous Owner Schwartz James Paul 3Rd $168,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $147,000 -7.5% $167 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/21/2012 11/21/12 For Sale $159,000 -- $181 / 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 $1,894 $165,000 -- --
2024 $1,894 $160,000 $0 $0
2023 $2,526 $155,000 $46,500 $108,500
2022 $1,236 $153,333 $0 $0
2021 $1,025 $151,667 $0 $0
2020 $1,005 $150,000 $45,000 $105,000
2019 $1,003 $150,000 $45,000 $105,000
2018 $1,006 $150,000 $45,000 $105,000
2017 $1,034 $150,000 $0 $0
2016 -- $146,667 $0 $0
2015 $1,054 $143,333 $0 $0
2014 $1,054 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madlin Mahdawi

    Seller's Agent in 2012

    Madlin Mahdawi

    Independent Realty, Inc

    (301) 785-3300

    1 in this area

    35 Total Sales

    Madlin Mahdawi
    Section Image
  • Kai Zhang

    Buyer's Agent in 2012

    Kai Zhang

    Harbor Realty & Investments LLC

    (202) 431-5176

    2 in this area

    112 Total Sales

    Kai Zhang
    Section Image
See All Agents

About Washingtonian Tower

Map

Source: Bright MLS

MLS Number: 1004226172

Bright MLS

APN: 09-01862716

Maryland Montgomery County Gaithersburg 20878 Shady Grove

9701 Fields Rd Unit 1700, Gaithersburg, MD

Not Listed for Sale

Condos

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