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232 Urban Avenue

232 Urban Avenue, Gaithersburg, MD 20878
Property in Montgomery
Sold Apr 13, 2021
$420,000
$405,460 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
232 Urban Avenue has been categorized by the local assessors in Gaithersburg, MD as a residential type of property. The building on the property was first built in 2011 and is 13 years old. In addition, 232 Urban Avenue has 1,868 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 232 Urban Avenue sold most recently in Mar 17, 2021 for a total of $420,000. If you work out the math, that's approximately a cost of $224.84 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,379 in taxes each year. 232 Urban Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $375,000. If we break it down further, the land itself was valued at $112,500. Improvements to the property, however, were assessed at a total of $262,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1
  • Total Building Area: 1,868
  • Gross Building Area: 1,868
  • Building Area: 1,868
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UN 232 PARKLANDS AT WATKINS MILL TOWN CENTER CODM NO 1 PH 4

Ownership

  • Current Owner : DESDUNES STEPHANIE JUDY
  • Previous Owner : KHANNA NITIN
  • Previous Owner 2: MALHOTRA SUMEDHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700706

Zoning

  • Zoning: MXD

Geography

  • Assessors Map Reference: FT22
  • Account Number: 03676558
  • District: 09
  • Subdivision Phase Number: 4
  • Parcel: 09-03676558
  • Municipality: GAITHERSBURG
  • Latitude: 39.1528
  • Longitude: -77.2279

    Address

  • Full Address: 232 Urban Ave
  • Legal Unit: 232
  • Address - House Number: 232
  • Address - Street Name: Urban
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C008
  • 4-Digit Zip Code: 4034
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,379
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 83
  • Final Value: 468,982
  • High Value: 534,790
  • Low Value: 403,174

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,460
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $405,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $375,000
  • Market Land Value: $112,500
  • Market Improvement Value: $262,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,000
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $262,500

    Sales

  • Current Sale Contract Date: Mar 17, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11835256478
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $405,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Gaithersburg



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Frequently Asked Questions

What neighborhood is 232 Urban Avenue located in?
The 232 Urban Avenue is a located in the neighborhood of Montgomery in Gaithersburg, Gaithersburg.
What is the average sales price for listings in 232 Urban Avenue?
The average sales price for units in 232 Urban Avenue is $0 currently.

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