NOT LISTED FOR SALE

Estimated Value: $261,000 - $277,000

2 Beds
1 Bath
864 Sq Ft
$337/mo HOA Fee

Last Sold November 28, 2022

Last sale price $245,000 $284 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,960/month

9 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Fields Road Elementary School Rated A-
  • Upgraded Countertops
  • Tennis Courts

About This Home

As of November 2022

Amazing Top Floor Unit - Completely Renovation with NEW Kitchen/Stainless Appliances/Pendant Lighting/Quartz Countertop/New Floors. Many updates in the bathroom include elegant vanity/quartz top/tile floors. Professional painting is done completely: Including ceilings/trims/doors and walls. Large and bright living room with 2 sliding doors leading to the cozy balcony. Two spacious bedrooms, In-unit laundry room with full-size washer & dryer. Sprinkle heads were replaced and tested in 2021 (by condo mgmt). All appliances are brand new except Refrigerator replaced in 2018. The water heater was replaced in June/2014. Plenty of visitors parking in front of buildings. The low condo fee includes water, master insurance, community facilities, and exterior maintenance. Convenient location to Muddy Branch Square Shopping, Downtown Crown, The Rio, I270, I370, and Bus Service to Shady Grove Metro, Costco, and Mall.

Last Agent to Sell the Property

Vivian Hsieh

(301) 254-7407 myrealtorteam@gmail.com United Realty, Inc. License #317481 Listed on: 10/22/2022

Last Buyer's Agent

Yasmin Toure

(202) 352-5593 yaz7x3@gmail.com Samson Properties License #SP98365832

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1987

Lot Details

  • 1,525

HOA Fees

  • $337 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Fields Road Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160902759636

Community Details

Overview

  • Association fees include snow removal, trash, water, insurance, lawn maintenance, sewer, exterior building maintenance, management, recreation facility, reserve funds
  • Low-Rise Condominium
  • Park Summit Codm Condos
  • Park Summit Community
  • Park Summit Codm Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,206

Year Built

Built in 1987

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1987
  • Automatically Close On Close Date: Yes
  • Remarks Public: Amazing Top Floor Unit - Completely Renovation with NEW Kitchen/Stainless Appliances/Pendant Lighting/Quartz Countertop/New Floors. Many updates in the bathroom include elegant vanity/quartz top/tile floors. Professional painting is done completely: Including ceilings/trims/doors and walls. Large and bright living room with 2 sliding doors leading to the cozy balcony. Two spacious bedrooms, In-unit laundry room with full-size washer & dryer. Sprinkle heads were replaced and tested in 2021 (by condo mgmt). All appliances are brand new except Refrigerator replaced in 2018. The water heater was replaced in June/2014. Plenty of visitors parking in front of buildings. The low condo fee includes water, master insurance, community facilities, and exterior maintenance. Convenient location to Muddy Branch Square Shopping, Downtown Crown, The Rio, I270, I370, and Bus Service to Shady Grove Metro, Costco, and Mall.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stove, Washer
  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Dining/Living, Floor Plan - Open, Primary Bath(s), Upgraded Countertops
  • Fireplace: No
  • Floors In Unit Count: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Price Per Sq Ft: 283.56
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

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
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 17.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 336.50
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PARK SUMMIT CODM
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Water, Insurance, Lawn Maintenance, Sewer, Ext Bldg Maint, Management, Recreation Facility, Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FIELDS ROAD
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • School District Key: 121138126809
  • Elementary School: FIELDS ROAD
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Year Assessed: 2022
  • Zoning: R20
  • Zoning Description: Mul-Fam, Residential
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13972232
  • Tax Annual Amount: 2206.00
  • Assessor Parcel Number: 160902759636
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Dec 23, 2022
Sold by
Liu Chun Mei
Bought by
Jones Mark Isaiah and Rhoden Tiana O
Seller's Agent
Vivian Hsieh
United Realty, Inc.
Buyer's Agent
Yasmin Toure
Samson Properties
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Views
11
Current Estimated Value
$268,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,537
Avg. Annual Appreciation
3.19%
Original Mortgage
$236,823
Outstanding Balance
$229,221
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$39,316

Purchase Details

Closed on
Apr 12, 2002
Sold by
Hammes Virginia S
Bought by
Liu Chun Mei
Source: Public Records

Range of Values:

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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
Jones Mark Isaiah $245,000 --
Liu Chun Mei $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Mark Isaiah $236,823
Closed Jones Mark Isaiah $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $245,000 0.0% $284 / Sq Ft
11/01/2022 11/01/22 Price Changed $245,000 +4.3% $284 / Sq Ft
10/22/2022 10/22/22 For Sale $235,000 0.0% $272 / Sq Ft
05/25/2018 05/25/18 Rented $1,350 0.0% --
05/16/2018 05/16/18 Under Contract -- -- --
05/02/2018 05/02/18 For Rent $1,350 +4.7% --
11/24/2015 11/24/15 Rented $1,290 0.0% --
11/24/2015 11/24/15 Under Contract -- -- --
08/12/2015 08/12/15 For Rent $1,290 0.0% --
11/15/2013 11/15/13 Rented $1,290 -0.8% --
11/15/2013 11/15/13 Under Contract -- -- --
10/16/2013 10/16/13 For Rent $1,300 -- --
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 $2,575 $211,667 -- --
2024 $2,575 $193,333 $0 $0
2023 $1,634 $175,000 $52,500 $122,500
2022 $2,141 $170,000 $0 $0
2021 $2,152 $165,000 $0 $0
2020 $2,081 $160,000 $48,000 $112,000
2019 $2,088 $160,000 $48,000 $112,000
2018 $2,095 $160,000 $48,000 $112,000
2017 $2,083 $165,000 $0 $0
2016 -- $155,000 $0 $0
2015 $2,090 $145,000 $0 $0
2014 $2,090 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2073676

Bright MLS

APN: 09-02759636