When was property at 500 Midsummer Drive built and last sold?

The property at 500 Midsummer Drive was built in 1989 and last sold on Nov 19, 2021 for $849,000.

How much is this home worth?

The estimated value of the home located at 500 Midsummer Drive is $883,137.

What are some comparable homes to 500 Midsummer Drive?

There are currently no comparable homes to 500 Midsummer Drive.

Gaithersburg

20878

500 MIDSUMMER DRIVE

Sold on Nov 19, 2021

Map

$849,000

● House - Off Market

500 MIDSUMMER DRIVE

GAITHERSBURG, MD 20878

4 Beds

3 Baths, 1 Half Bath

3,464 Ft²

$968,997

RealtyHop Estimate

11.51%

Since Dec 1, 2021

National-US

Primary Model

About This Property

Seller to provide $3,000 credit for appliances. Beautiful corner lot, single-family home in Washingtonian Woods 5 minutes from I-270. Freshly painted inside and out, remodeled, updated bathrooms, brand-new carpet throughout all three levels of the home, modern kitchen with cooking island, spacious master bedroom with private full bathroom, beautiful fireplace, huge family room, fully finished basement including full bathroom, 2-car garage, deck, one block from the community pool. This is truly a beautiful home from top to bottom. Hurry!

Unit Size

3,464 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$251

Property Type

House

Property Taxes

$710

HOA Dues

$74

Year Built

1989

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Bright MLS #MDMC2016492)

Price History

Date / Event	Date	Event
Nov 24, 2021	Sold	Premium
Sold
Sep 17, 2021	Listed by RE/MAX Realty Group	$869,000
Listed by RE/MAX Realty Group
Jan 9, 1990	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1989

Effective Year Built: 1989
Bedroom Count: 0
Bathroom Count: 4
Full Bathrooms: 3
Partial Bathrooms: 4
Building Condition: 3
Building Quality: 7
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 13
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 800
Garage Type: 2
Garage Square Area: 504
Parking Space Count: 2
Patio Type: 0
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,366

Total Building Area: 2,664
Gross Building Area: 2,664
Building Area: 2,664
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 3,464
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WASHINGTONIAN WOODS
Land Acres: 0000000192
Standard Land Use Code: 1001
County Land Use Code: R-C001
Legal Description 1: WASHINGTONIAN WOODS

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 700828

Zoning

Zoning: MXD

Geography

Assessors Map Reference: FS22

Account Number: 02778333
District: 09
Parcel: 09-02778333
Block: G
Lot: 4
Municipality: GAITHERSBURG
Latitude: 39.1099
Longitude: -77.2235

Address

Full Address: 500 Midsummer Dr

Address - House Number: 500
Address - Street Name: Midsummer
Address - Suffix Type: Dr
State: MD
City Name: Gaithersburg
Carrier Code: C026
4-Digit Zip Code: 5222
Zip Code: 20878

Valuation

Tax

Tax Year: 2023

Tax Amount: $959,807
Tax Rate Code Area: 013

Appraisal Valuation

Standard Deviation: 0.1479

Valuation Date: Jan 17, 2024
Confidence Score: 82
Final Value: 920,264
High Value: 1,056,377
Low Value: 784,152

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $660,100

Market Land Value: $235,000
Market Improvement Value: $425,100

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $660,100
Assessed Land Value: $235,000
Assessed Improvements Value: $425,100

Sales

Current Sale Contract Date: Nov 19, 2021

Current Sale Recording Date: Nov 24, 2021
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Jan 09, 1990
Previous Sale Contract Date: Jan 09, 1990
Previous Sale Amount: $315,700
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Gaithersburg

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$290

Below Asking

0.01%

Average Days on Market

Average Home Size

2116 ft²

Average Home Age

33.5 years

Currently For Sale

228 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 337 Main Street, GAITHERSBURG, MD, 20878

$3,750 /mo

3 Beds
2 Baths
2,600 ft²

337 Main Street, GAITHERSBURG, MD, 20878 Listing by Elaine S. Koch

Unit for rent at 27 Booth Street, GAITHERSBURG, MD, 20878

$2,495 /mo

1 Bed
1 Bath
853 ft²

27 Booth Street #345, GAITHERSBURG, MD, 20878 Listing by Daniel J. Demers

Unit for rent at 16632 Alden Avenue, GAITHERSBURG, MD, 20877

$4,000 /mo

6 Beds
3 Baths
4,480 ft²

16632 Alden Avenue, GAITHERSBURG, MD, 20877 Listing by Olga Deemer

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Douglas A Crowley
RE/MAX Realty Group
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2016492

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