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609 Lakeworth Drive

609 Lakeworth Drive, Gaithersburg, MD 20878
Property in Montgomery
Sold Jul 06, 2015
$366,050
$326,500 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2035
Sold May 13, 2010
$338,900
Local assessors in Gaithersburg, MD have categorized 609 Lakeworth Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 4,492 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 609 Lakeworth Drive has a total of 1,360 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement with daylight that is 1 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Jun 16, 2015 for $366,050. That's $269.15 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2010 for $338,900. 609 Lakeworth Drive was last assessed in 2023. The total value of the property was assessed at $346,400. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $226,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,452. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,492
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK SUMMIT
  • Land Acres: 0.103
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: PARK SUMMIT

Ownership

  • Current Owner : CHUNG JINWOO
  • Current Owner 2: SUH REBECCA
  • Previous Owner : JUTHE DANA SCOTT
  • Previous Owner 2: JUTHE ROBIN HARRISON
  • Owner Before Previous Owner: MCFAUL STEVE J
  • Owner Before Previous Owner 2: MCFAUL TUYET V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700837

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: FS33
  • Account Number: 02549472
  • District: 09
  • Parcel: 09-02549472
  • Block: D
  • Lot: 1
  • Municipality: GAITHERSBURG
  • Latitude: 39.1223
  • Longitude: -77.2148

    Address

  • Full Address: 609 Lakeworth Dr
  • Address - House Number: 609
  • Address - Street Name: Lakeworth
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C007
  • 4-Digit Zip Code: 2902
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,452
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 511,267
  • High Value: 587,818
  • Low Value: 434,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,500
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $326,500
  • First Open Lien Mortgage Term: 170
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2035

    Market Valuation

  • Market Total Value: $346,400
  • Market Land Value: $120,000
  • Market Improvement Value: $226,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,400
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $226,400

    Sales

  • Current Sale Contract Date: Jun 16, 2015
  • Current Sale Recording Date: Jul 06, 2015
  • Current Sale Transaction ID: 1410366639
  • Current Sale Price: $366,050
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 13, 2010
  • Previous Sale Contract Date: May 11, 2010
  • Previous Sale Amount: $338,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA BANK
  • First Mortgage Transaction Date: Jul 06, 2015
  • First Mortgage Loan Amount: $359,419
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2045

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Frequently Asked Questions

What neighborhood is 609 Lakeworth Drive located in?
The 609 Lakeworth Drive is a located in the neighborhood of Montgomery in Gaithersburg, Gaithersburg.
What is the average sales price for listings in 609 Lakeworth Drive?
The average sales price for units in 609 Lakeworth Drive is $0 currently.

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