NOT LISTED FOR SALE

Estimated Value: $261,000 - $278,000

2 Beds
1 Bath
1,026 Sq Ft
$679/mo HOA Fee

Last Sold August 08, 2024

Last sale price $271,000 $264 Per Sq Ft

Current estimated payment $2,299/month

50 Days on Market

Highlights

  • 24-Hour Security
  • Gourmet Galley Kitchen
  • Wood Flooring
  • Fallsmead Elementary School Rated A
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of August 2024

LOCATION! LOCATION! LOCATION!

This is an incredible opportunity to own and reside in a fantastic location. This two-bedroom, one-bathroom condominium is conveniently situated near the Rio Center and downtown Gaithersburg's top-notch restaurants. The location offers easy access to parks, lakes, movie theaters, and the community.

The condo features a beautifully appointed kitchen with granite countertops, classic wooden cabinets, and modern appliances. The spacious living area is enhanced by large windows that flood the space with natural light, offering stunning views of the surrounding cityscape. The interiors boast brand-new, engineered composite wood floors, providing a modern and durable finish. The windows are UV covered and equipped with new drapery and window treatments in all rooms. The bathroom is updated with all new sink, cabinet, mirror and toilet plus all new floor, ceiling fan and modern recessed lighting. Large, convenient walk-in closet off the foyer perfect for coats, boots and additional storage!

The building provides ample free parking for residents, security cameras, and 24-hour concierge service ensuring a safe and secure environment. The top-floor penthouse is open to residents, featuring a large seating area with couches, chairs, and tables, as well as an outdoor rooftop seating area with lounge chairs. The condominium includes an outdoor pool for residents to enjoy. The penthouse also boasts a large laundry area for added convenience. All windows in the unit have screens that can be opened to let in fresh air and cool breezes, providing a refreshing living experience that many high-rise condos do not offer.

The HOA fees cover all outdoor maintenance, elevators, common areas, and the pool. Also includes maintenance of HVAC units. All HVAC units are newly replaced and were paid for by the HOA. Pets are permitted, making it a pet-friendly community. This location provides easy access to major Beltway I-270 and I-370, making commuting and travel convenient and straightforward.

Don't miss out on this unique opportunity to own a condo in such a prime location with luxurious amenities and breathtaking views!

Last Agent to Sell the Property

Frank Shopland

(301) 300-6275 frank@frankshopland.com Real Estate Professionals, Inc. License #643971 Listed on: 06/13/2024

Real Estate Professionals, Inc.

Last Buyer's Agent

Guoying Li

(301) 523-0028 guoyingli0216@yahoo.com Nitro Realty License #500318

Nitro Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1966

Lot Details

  • Southeast Facing Home

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 15th floor
  • Brick Exterior Construction
  • Concrete Roof

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Dining Area
  • Wood Flooring
  • Surveillance System

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160901862591

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, lawn maintenance, management, snow removal, air conditioning, parking fee, sewer, water
  • 205 Units
  • High-Rise Condominium
  • The Washington Towers Inc Condos
  • Washington Tower Subdivision

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,180

Year Built

Built in 1966

Lot Details

0

HOA Fees

$679 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Doors - Swing In, Elevator, Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-13
  • Federal Flood Zone: No
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: LOCATION! LOCATION! LOCATION! This is an incredible opportunity to own and reside in a fantastic location. This two-bedroom, one-bathroom condominium is conveniently situated near the Rio Center and downtown Gaithersburg's top-notch restaurants. The location offers easy access to parks, lakes, movie theaters, and the community. The condo features a beautifully appointed kitchen with granite countertops, classic wooden cabinets, and modern appliances. The spacious living area is enhanced by large windows that flood the space with natural light, offering stunning views of the surrounding cityscape. The interiors boast brand-new, engineered composite wood floors, providing a modern and durable finish. The windows are UV covered and equipped with new drapery and window treatments in all rooms. The bathroom is updated with all new sink, cabinet, mirror and toilet plus all new floor, ceiling fan and modern recessed lighting. Large, convenient walk-in closet off the foyer perfect for coats, boots and additional storage! The building provides ample free parking for residents, security cameras, and 24-hour concierge service ensuring a safe and secure environment. The top-floor penthouse is open to residents, featuring a large seating area with couches, chairs, and tables, as well as an outdoor rooftop seating area with lounge chairs. The condominium includes an outdoor pool for residents to enjoy. The penthouse also boasts a large laundry area for added convenience. All windows in the unit have screens that can be opened to let in fresh air and cool breezes, providing a refreshing living experience that many high-rise condos do not offer. The HOA fees cover all outdoor maintenance, elevators, common areas, and the pool. Also includes maintenance of HVAC units. All HVAC units are newly replaced and were paid for by the HOA. Pets are permitted, making it a pet-friendly community. This location provides easy access to major Beltway I-270 and I-370, making commuting and travel convenient and straightforward. Don't miss out on this unique opportunity to own a condo in such a prime location with luxurious amenities and breathtaking views!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Electric, Refrigerator
  • Entry Floor: 15
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Gourmet, Dining Area, Kitchen - Galley, Breakfast Area, Upgraded Countertops, Elevator, Floor Plan - Traditional
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 2052
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 268.03
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Unfinished Sq Ft: 1026
  • 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
  • Roof: Concrete
  • 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

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Fire Detection System, Resident Manager, Surveillance Sys, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 679.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Washington Towers INC
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Meeting Room, Party Room, Pool - Outdoor, Security, Storage Bin
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Lawn Maintenance, Management, Snow Removal, Air Conditioning, Parking Fee, Sewer, Water
  • HOA: No
  • 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

  • Green Sustainability: Onsite Recycling Center
  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: R10
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2180.00
  • Assessor Parcel Number: 160901862591
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/08/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 8, 2024
Sold by
Kim Cindy Y
Bought by
Chang Ti
Seller's Agent
Frank Shopland
Real Estate Professionals, Inc.
Buyer's Agent
Guoying Li
Nitro Realty
List Price
$284,900
Sold Price
$271,000
Premium/Discount to List
-$13,900
-4.88%
Views
306
Current Estimated Value
$270,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$916
Avg. Annual Appreciation
0.58%

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 27, 2018
Sold by
Black Suzanne C
Bought by
Kim Cindy Y
Seller's Agent
Paul Smith
RLAH @properties
Buyer's Agent
Natalia Farrar
Fairfax Realty Premier
List Price
$219,000
Sold Price
$199,000
Premium/Discount to List
-$20,000
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$159,200
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2002
Sold by
Black Suzanne C and Black L R
Bought by
Black Suzanne C
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
Chang Ti $271,000 Old Republic National Title In
Kim Cindy Y $199,000 Title Forward
Black Suzanne C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Cindy Y $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $271,000 -1.5% $264 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/21/2024 07/21/24 Price Changed $275,000 -3.5% $268 / Sq Ft
06/13/2024 06/13/24 For Sale $284,900 +43.2% $278 / Sq Ft
02/09/2018 02/09/18 Sold $199,000 -4.8% $194 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/05/2017 10/05/17 Price Changed $209,000 -4.6% $204 / Sq Ft
09/06/2017 09/06/17 For Sale $219,000 -- $213 / 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 $2,316 $208,333 -- --
2024 $2,316 $196,667 $0 $0
2023 $1,488 $185,000 $55,500 $129,500
2022 $1,378 $183,333 $0 $0
2021 $2,711 $181,667 $0 $0
2020 $2,668 $180,000 $54,000 $126,000
2019 $1,334 $180,000 $54,000 $126,000
2018 $1,988 $180,000 $54,000 $126,000
2017 $2,109 $180,000 $0 $0
2016 -- $180,000 $0 $0
2015 $2,282 $180,000 $0 $0
2014 $2,282 $180,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2135844

Bright MLS

APN: 09-01862591