NOT LISTED FOR SALE

Estimated Value: $253,450 - $296,000

2 Beds
1 Bath
1,036 Sq Ft
1,525 Sq Ft Lot

Last Sold June 15, 2018

Last sale price $197,000 $190 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,708/month

Highlights

  • Federal Architecture
  • Community Pool
  • Wall Furnace
  • Fallsmead Elementary School Rated A
  • Laundry Facilities
  • High-Rise Condominium

About This Home

As of November 2023

Welcome to visit this amazing 2b1b condo in Gaithersburg! Very quiet community and very nice
neighborhood. Top schools nearby. Water is included in the rent and move-in fee $350 will be refunded by the condo association when you move out. Spectacular views make you easily feel relax. Traffic is pretty convenient, i.e. several minutes to Hwy 119 and I-270! Close to NIST and Astrazeneca. The other amazing thing I would like to let you know is that it only takes 3 minutes to walk to Rio Washingtonian or Downtown Crown. Many restaurants, shopping stores, and entertainments are there, e.g. AMC Movie Theater, Target, Yard House Steak, Uncle Julio’s, Lanzhou Pull Noodles, and Guapo’s etc. Walking along the pond with your family, your friends and your doggy after dinner or sunny weekend. You will really enjoy your daily life by living in our condo! Stop by and you will love it!

Last Agent to Rent the Property

Jason Zhang

Keller Williams Capital Properties License #0225244249 Listed on: 09/25/2023

Keller Williams Capital Properties

Last Renter's Agent

Jason Zhang

Keller Williams Capital Properties License #0225244249 Listed on: 09/25/2023

Keller Williams Capital Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1966

Lot Details

  • 1,525

Parking

  • Parking Lot

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Fallsmead Elementary School
  • Robert Frost Middle School
  • Thomas S. Wootton High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • $325 Move-In Fee
  • Rent includes electricity, sewer, water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 9/22/23
  • Assessor Parcel Number 160901863323

Community Details

Overview

  • High-Rise Condominium
  • Washington Tower Subdivision

Amenities

  • Laundry Facilities

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,316

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Date Available: 2023-09-22
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Electricity, Sewer, Water
  • Security Deposit: 2000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 325.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Federal
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/25/2023 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1966
  • Remarks Public: Welcome to visit this amazing 2b1b condo in Gaithersburg! Very quiet community and very nice neighborhood. Top schools nearby. Water is included in the rent and move-in fee $350 will be refunded by the condo association when you move out. Spectacular views make you easily feel relax. Traffic is pretty convenient, i.e. several minutes to Hwy 119 and I-270! Close to NIST and Astrazeneca. The other amazing thing I would like to let you know is that it only takes 3 minutes to walk to Rio Washingtonian or Downtown Crown. Many restaurants, shopping stores, and entertainments are there, e.g. AMC Movie Theater, Target, Yard House Steak, Uncle Julio’s, Lanzhou Pull Noodles, and Guapo’s etc. Walking along the pond with your family, your friends and your doggy after dinner or sunny weekend. You will really enjoy your daily life by living in our condo! Stop by and you will love it!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 23
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1036
  • Living Area Sq Ft: 1036
  • Price Per Sq Ft: 1.88
  • Above Grade Finished Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9701

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

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FALLSMEAD
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FALLSMEAD
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Land Use Code: U
  • Zoning: R10

Tax Info

  • Assessor Parcel Number: 160901863323
  • Tax Total Finished Sq Ft: 1036
  • Close Date: 11/03/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jun 13, 2018
Sold by
Wing Vincent K and Wing Siu Ying Wong
Bought by
Li Yan and Luo Cheng
Seller's Agent
Christine Reeder
Long & Foster Real Estate, Inc.
Buyer's Agent
Lixin Yin
Libra Realty, LLC
List Price
$215,000
Sold Price
$197,000
Premium/Discount to List
-$18,000
-8.37%
Current Estimated Value
$274,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,363
Avg. Annual Appreciation
4.53%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2008
Sold by
Wing Vincent K
Bought by
Wing Vincent K Et Al Tr

Purchase Details

Closed on
Jun 2, 2008
Sold by
Wing Vincent K
Bought by
Wing Vincent K Et Al Tr

Purchase Details

Closed on
May 25, 2006
Sold by
Nowrouzi Massey
Bought by
Wing Vincent K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2006
Sold by
Nowrouzi Massey
Bought by
Wing Vincent K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2001
Sold by
Fleming Ronald F
Bought by
Nowrouzi Massey
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
Li Yan $197,000 Icon Title
Wing Vincent K Et Al Tr -- --
Wing Vincent K Et Al Tr -- --
Wing Vincent K $320,000 --
Wing Vincent K $320,000 --
Nowrouzi Massey $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Yan $120,000
Previous Owner Wing Vincent K $80,000
Previous Owner Wing Vincent K $200,000
Previous Owner Wing Vincent K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Rented $1,950 0.0% --
10/21/2023 10/21/23 Price Changed $1,950 -2.5% $2 / Sq Ft
09/25/2023 09/25/23 For Rent $2,000 0.0% --
06/15/2018 06/15/18 Sold $197,000 -8.4% $190 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $215,000 -- $208 / 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 $2,316 $196,667 $0 $0
2023 $2,872 $185,000 $55,500 $129,500
2022 $1,378 $183,333 $0 $0
2021 $1,356 $181,667 $0 $0
2020 $1,336 $180,000 $54,000 $126,000
2019 $1,334 $180,000 $54,000 $126,000
2018 $2,030 $180,000 $54,000 $126,000
2017 $2,085 $180,000 $0 $0
2016 -- $180,000 $0 $0
2015 -- $180,000 $0 $0
2014 -- $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2108382

Bright MLS

APN: 09-01863323