$559,000 - $577,000
RENTED JAN 10, 2025

111 Copley Cir Unit 32A Gaithersburg, MD 20878

Shady Grove Neighborhood
3 Beds
3 Baths
1,704 Sq Ft
$333 Price per Sq Ft

Last Sold October 21, 2024

Last sale price $555,000 $326 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,133/month

About This Home

As of October 2024

Minimum Credit Score of 700 Required.**
Welcome to a sophisticated 3-bedroom, 2.5-bath luxury condo that combines modern elegance with convenience. This stunning two-level home showcases rich hardwood floors throughout the main level, creating a warm and welcoming atmosphere. The open-concept living space is filled with natural light, thanks to expansive windows that enhance the airy, inviting feel.

At the heart of the home, the gourmet kitchen awaits. It’s a chef’s dream, featuring gleaming granite countertops and high-end stainless steel appliances, perfect for daily meals or entertaining guests.
Upstairs, the spacious master suite offers a private retreat, complete with a luxurious en-suite bathroom, stylish finishes, and ample closet space. Two additional bedrooms and a well-appointed full bathroom provide comfort and convenience for family or guests.

With its ideal downtown location, you'll enjoy the best of urban living with close proximity to vibrant cultural attractions and a suburban sense of community. The current owners have only lived here three months out of the year, so the property is in near-new condition.

Downtown Crown isn’t just a neighborhood; it’s a lifestyle. Nestled in a prime downtown location, residents enjoy unmatched convenience with easy access to trendy shops, gourmet dining, popular bars, and the local Harris Teeter. Just down the street from The Rio, you'll find even more amenities to explore.
Don’t miss the opportunity to own this exceptional condo—experience the perfect blend of luxury, style, and convenience in Downtown Crown.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 21, 2024
Sold by
Alan C Shulman Revocable Trust and Lauren B Shulman Revocable Trust
Bought by
Qudosi Umar and Minayar Rustana
Seller's Agent
Russell Brazil
RLAH @properties
Buyer's Agent
Robert Garcia
Long & Foster Real Estate, Inc.
List Price
$579,400
Sold Price
$555,000
Premium/Discount to List
-$24,400
-4.21%
Views
97
Current Estimated Value
$566,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,779
Avg. Annual Appreciation
5.37%
Original Mortgage
$416,250
Outstanding Balance
$415,075
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$154,932

Purchase Details

Closed on
Oct 27, 2016
Sold by
Calatlantic Group Inc
Bought by
Shulman Alan C and Shulman Lauren B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jul 19, 2016
Sold by
Calatlantic Group Inc
Bought by
Shulman Alan and Shulman Lauren B
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$489,990
Sold Price
$479,990
Premium/Discount to List
-$10,000
-2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Range of Values:

Collateral Analytics

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ICE

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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
Qudosi Umar $555,000 Lakeside Title
Qudosi Umar $555,000 Lakeside Title
Shulman Alan C $513,950 Calatlantic Title Inc
Shulman Alan $479,990 Calatlantic Title Of Md Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qudosi Umar $416,250
Closed Qudosi Umar $416,250
Previous Owner Shulman Alan C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Rented $3,300 -5.7% --
01/06/2025 01/06/25 Under Contract -- -- --
11/25/2024 11/25/24 For Rent $3,500 0.0% --
10/21/2024 10/21/24 Sold $555,000 -4.2% $326 / Sq Ft
09/04/2024 09/04/24 For Sale $579,400 +20.7% $340 / Sq Ft
07/19/2016 07/19/16 Sold $479,990 -2.0% $325 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $489,990 -- $332 / Sq Ft

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 $6,690 $495,000 $148,500 $346,500
2023 $7,406 $500,000 $150,000 $350,000
2022 $6,214 $493,333 $0 $0
2021 $5,715 $486,667 $0 $0
2020 $5,607 $480,000 $144,000 $336,000
2019 $11,152 $480,000 $144,000 $336,000
2018 $5,594 $480,000 $144,000 $336,000
2017 $7,262 $540,000 $0 $0
2016 -- $540,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Garcia

    Seller's Agent in 2025

    Robert Garcia

    Long & Foster

    (240) 286-5526

    3 in this area

    88 Total Sales

    Robert Garcia
    Section Image

  • B

    Buyer's Agent in 2025

    Bright MLS Demo Account

    Metropolitan Regional Information Systems

    (610) 205-3319

    Bright MLS Demo Account
    Section Image
  • Russell Brazil

    Seller's Agent in 2024

    Russell Brazil

    Real Living at Home

    (301) 893-4635

    4 in this area

    123 Total Sales

    Russell Brazil
    Section Image
  • Jay Day

    Seller's Agent in 2016

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    1,325 Total Sales

    Jay Day
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member Member

    Metropolitan Regional Information Systems

See All Agents

Map

Maryland Montgomery County Gaithersburg 20850 Shady Grove

111 Copley Cir Unit 32A, Gaithersburg, MD

Homes for Sale in Gaithersburg, MD

This home is located at 111 Copley Cir Unit 32A, Gaithersburg, MD 20878 and is currently estimated at $566,779, approximately $332 per square foot. 111 Copley Cir Unit 32A is a home located in Montgomery County with nearby schools including Rosemont Elementary School, Forest Oak Middle School, and Gaithersburg High School.

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