$459,990
PENDING

656 Coral Reef Dr Gaithersburg, MD 20878

Estimated payment $3,092/month

Total Views 44,529
3 Beds
3.5 Baths
1,870 Sq Ft
$246 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Fields Road Elementary School Rated A-
  • Brick Front

About This Home

A dramatic price cut for a quick sale. Offer deadline Monday April 14 th at 6 pm . Hurry. The owner reserves his right to ratify an offer before April 14th.
Amazing opportunity for a brick front townhouse in a great community with a pool, tennis court, a beautiful long walking trail. A dog park is in walking distance. Walk to the shops, restaurants, entertainment in RIO and Crown Farm. 3 bedrooms 3 full bath and a half bath. The basement has a full bath, and a large space may be converted to a bedroom. Large basement utility room. In an ideal location, short distance to METRO, 270, ICC & SHOPS/RESTAURANTS, Kentlands. Sun filled spacious Kitchen, formal dining room. Living room leads to a newly painted deck. Plenty of unmarked parking.

Listing Agent

Jeremy Lee

EXP Realty, LLC License #610312

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1990

Lot Details

  • 2,177 Sq Ft Lot

HOA Fees

  • $106 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Partially Finished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • On-Street Parking
  • Parking Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 160902705213

Community Details

Overview

  • Park Summit HOA
  • Park Summit Codm Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,027

Year Built

Built in 1990

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2025-03-12
  • Federal Flood Zone: No
  • Year Built: 1990
  • Automatically Close On Close Date: Yes
  • Remarks Public: A dramatic price cut for a quick sale. Offer deadline Monday April 14 th at 6 pm . Hurry. The owner reserves his right to ratify an offer before April 14th. Amazing opportunity for a brick front townhouse in a great community with a pool, tennis court, a beautiful long walking trail. A dog park is in walking distance. Walk to the shops, restaurants, entertainment in RIO and Crown Farm. 3 bedrooms 3 full bath and a half bath. The basement has a full bath, and a large space may be converted to a bedroom. Large basement utility room. In an ideal location, short distance to METRO, 270, ICC & SHOPS/RESTAURANTS, Kentlands. Sun filled spacious Kitchen, formal dining room. Living room leads to a newly painted deck. Plenty of unmarked parking.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished
  • Total Sq Ft: 2040
  • Living Area Sq Ft: 1870
  • Price Per Sq Ft: 338.23
  • Above Grade Finished Sq Ft: 1360
  • Below Grade Finished Sq Ft: 510
  • Below Grade Sq Ft: 170
  • Total Below Grade Sq Ft: 680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 656

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • 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, On Street

Utilities

  • Refuse: 172.63
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 106.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: PARK SUMMIT
  • HOA: Yes
  • 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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2177.00
  • Year Assessed: 2024
  • Zoning: R20
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5027.00
  • Assessor Parcel Number: 160902705213
  • Tax Lot: 33
  • Tax Total Finished Sq Ft: 1870
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,027 $368,733 $0 $0
2023 $4,749 $349,900 $120,000 $229,900
2022 $4,555 $342,633 $0 $0
2021 $4,365 $335,367 $0 $0
2020 $4,365 $328,100 $120,000 $208,100
2019 $4,323 $326,300 $0 $0
2018 $4,307 $324,500 $0 $0
2017 $4,336 $322,700 $0 $0
2016 -- $302,967 $0 $0
2015 $3,621 $283,233 $0 $0
2014 $3,621 $263,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $459,990 -8.0% $246 / Sq Ft
03/31/2025 03/31/25 Price Changed $499,990 0.0% $267 / Sq Ft
03/25/2025 03/25/25 Price Changed $499,900 -2.9% $267 / Sq Ft
03/25/2025 03/25/25 Price Changed $514,900 0.0% $275 / Sq Ft
03/20/2025 03/20/25 Price Changed $515,000 -1.9% $275 / Sq Ft
03/12/2025 03/12/25 For Sale $525,000 0.0% $281 / Sq Ft
08/20/2017 08/20/17 Rented $1,890 0.0% --
08/11/2017 08/11/17 Under Contract -- -- --
07/21/2017 07/21/17 For Rent $1,890 +1.6% --
07/13/2016 07/13/16 Rented $1,860 -1.6% --
07/13/2016 07/13/16 Under Contract -- -- --
07/08/2016 07/08/16 For Rent $1,890 +2.2% --
01/31/2015 01/31/15 Rented $1,850 0.0% --
01/31/2015 01/31/15 Under Contract -- -- --
01/13/2015 01/13/15 For Rent $1,850 0.0% --
12/05/2014 12/05/14 Sold $339,000 0.0% $249 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $339,000 -- $249 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $339,000 Eastern Title & Settlement
Deed $365,000 --
Deed $365,000 --
Deed $223,000 --
Deed $146,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,250 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: MDMC2169488

Bright MLS

APN: 09-02705213