NOT LISTED FOR SALE

Estimated Value: $489,000 - $494,389

2 Beds
2.5 Baths
1,468 Sq Ft
$335/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $485,000 $330 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,553/month

4 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Clubhouse
  • Ritchie Park Elementary School Rated A
  • Colonial Architecture
  • 1-minute walk to Village Green Park

About This Home

As of October 2024

Welcome to this townhouse-style, end-unit condo in the sought-after Fallsgrove community! A dream location - less than one block from Fallsgrove Shopping Center. This 2-level home delights with natural light and an open floor plan. The updated eat-in kitchen with granite countertops and stainless steel appliances overlooks the living/dining room and has access to the covered patio. The primary bedroom features an en-suite bath, walk-in closet, and private balcony, and the second bedroom offers another en-suite bath and walk-in closet. The washer and dryer are conveniently located on the upper level. Enjoy all the community offers, including a pool, fitness center, and clubhouse. Commuting is a breeze with easy access to routes 270, 200, and Shady Grove Metro. Walking distance to Shady Grove Hospital, Thomas Farm Community Center, Fallsgrove Shopping Center, and more! BRAND NEW roof through association (2024), HVAC (2022), Water Heater (2024).

Last Listed By

Aret Koseian

Artifact Homes License #0225219647 Listed on: 10/03/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,721

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,468 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Combination Dining and Living Room
  • Laundry on upper level

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Ritchie Park Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 160403375653

Community Details

Overview

  • Association fees include trash, common area maintenance, snow removal, management, pool(s)
  • Summit Management Condos
  • Fallsgrove Codm* Community
  • Fallsgrove Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,721

Year Built

Built in 2002

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this townhouse-style, end-unit condo in the sought-after Fallsgrove community! A dream location - less than one block from Fallsgrove Shopping Center. This 2-level home delights with natural light and an open floor plan. The updated eat-in kitchen with granite countertops and stainless steel appliances overlooks the living/dining room and has access to the covered patio. The primary bedroom features an en-suite bath, walk-in closet, and private balcony, and the second bedroom offers another en-suite bath and walk-in closet. The washer and dryer are conveniently located on the upper level. Enjoy all the community offers, including a pool, fitness center, and clubhouse. Commuting is a breeze with easy access to routes 270, 200, and Shady Grove Metro. Walking distance to Shady Grove Hospital, Thomas Farm Community Center, Fallsgrove Shopping Center, and more! BRAND NEW roof through association (2024), HVAC (2022), Water Heater (2024).
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Open, Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Slab
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1468
  • Living Area Sq Ft: 1468
  • Price Per Sq Ft: 337.19
  • Above Grade Finished Sq Ft: 1468
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 357

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • 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: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Management
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Fitness Center, Community Center, Common Grounds
  • HOA Condo Co-Op Fee Includes: Trash, Common Area Maintenance, Snow Removal, Management, Pool(s)
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RITCHIE PARK
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Horses: No
  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: RS
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4721.00
  • Assessor Parcel Number: 160403375653
  • Tax Total Finished Sq Ft: 1468
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/22/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 23, 2024
Sold by
Wali Flouran K
Bought by
Liao Ying and Luo Julie Yujie
Seller's Agent
Aret Koseian
Artifact Homes
Buyer's Agent
HARRY FANG
Evergreen Properties
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Total Days on Market
4
Views
20
Current Estimated Value
$491,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,597
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Jun 28, 2016
Closed on
Aug 24, 2016
Sold by
Shih Yuan Chi
Bought by
Wali Flouran K
Seller's Agent
Hanna Wang
Prostage Realty, LLC
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$339,000
Sold Price
$332,500
Premium/Discount to List
-$6,500
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$266,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Dagunts Aleks
Bought by
Shih Yua

Purchase Details

Closed on
Nov 26, 2002
Sold by
Shen Maria Y
Bought by
Dagunts Aleksandr

Purchase Details

Closed on
Jul 19, 2002
Sold by
Pulte Home Corp
Bought by
Shen Maria Y

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
Liao Ying $485,000 Evergreen Settlement Company
Wali Flouran K $332,500 First American Title Ins Co
Shih Yua $419,000 --
Dagunts Aleksandr $276,900 --
Shen Maria Y $221,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wali Flouran K $266,000
Previous Owner Shih Yuan Chi $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $485,000 -2.0% $330 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $495,000 0.0% $337 / Sq Ft
12/03/2021 12/03/21 Rented $2,400 +4.3% --
10/26/2021 10/26/21 For Rent $2,300 +9.5% --
09/29/2019 09/29/19 Rented $2,100 0.0% --
09/16/2019 09/16/19 Under Contract -- -- --
09/10/2019 09/10/19 For Rent $2,100 0.0% --
08/24/2016 08/24/16 Sold $332,500 -1.9% $226 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $339,000 -- $231 / 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 $5,041 $371,667 $0 $0
2023 $4,721 $350,000 $105,000 $245,000
2022 $4,514 $350,000 $105,000 $245,000
2021 $3,933 $350,000 $105,000 $245,000
2020 $3,913 $350,000 $105,000 $245,000
2019 $7,833 $350,000 $105,000 $245,000
2018 $3,946 $350,000 $105,000 $245,000
2017 $4,764 $360,000 $0 $0
2016 -- $348,333 $0 $0
2015 $3,535 $336,667 $0 $0
2014 $3,535 $325,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2146120

Bright MLS

APN: 04-03375653