When was property at 7416 Cutty Sark Way built and last sold?

The property at 7416 Cutty Sark Way was built in 1987 and last sold on Oct 20, 2023 for $800,000.

How much is this home worth?

The estimated value of the home located at 7416 Cutty Sark Way is $817,208.

What are some comparable homes to 7416 Cutty Sark Way?

There are currently no comparable homes to 7416 Cutty Sark Way.

Montgomery

20882

7416 CUTTY SARK WAY

Sold on Oct 20, 2023

106

Map

$800,000

● House - Off Market

7416 CUTTY SARK WAY

GAITHERSBURG, MD 20882

4 Beds

2 Baths, 1 Half Bath

3,058 Ft²

$796,028

RealtyHop Estimate

-0.37%

Since Nov 1, 2023

National-US

Primary Model

About This Property

Beautiful Brick Front Colonial in Burnham Hills sits on 1.07 acres. Over $71K in seller's added upgrades & updates! Updated HVAC systems. Formal living room with access to library/office. Enjoy entertaining in the formal dining room with access to the kitchen. Center isle kitchen with 42"-inch oak cabinetry, Corian countertops, pantry closet and breakfast area. An amazing two-story family room with vaulted ceiling with ceiling fan, three replacement skylights, wood-burning fireplace, and French door with access to a spacious trek deck that overlooks the beautiful backyard. Primary bedroom has a beautiful sitting room with a large walk-in closet, double closet, and access to primary bathroom. Three additional bedrooms and full bath complete the upper level. Finished lower level offer a large recreation room with a dry bar, closet, utility closet, and a large storage/utility room. Enjoy the outdoors on the beautiful Trek deck with vinyl railings and balusters. Close to I-370 to I-270 and ICC to I-95 to Baltimore/Washington. Four master craft breweries and three golf courses are nearby. One year home warranty! No HOA!

Unit Size

3,058 Ft²

Days on Market

Land Size

1.07 acres

Price per sqft

$261

Property Type

House

Property Taxes

$557

HOA Dues

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Bright MLS #MDMC2105030)

Price History

Date / Event	Date	Event
Oct 27, 2023	Sold	Premium
Sold
Sep 10, 2023	In contract	-
In contract
Aug 31, 2023	Listed by Weichert, REALTORS	$799,000
Listed by Weichert, REALTORS
Dec 31, 1991	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 0
Garage Type: 2
Garage Square Area: 483
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 46,450

Total Building Area: 3,058
Gross Building Area: 3,058
Building Area: 3,058
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 3,058
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BURNHAM HILLS
Land Acres: 0000001066
Standard Land Use Code: 1001
County Land Use Code: R-C001
Legal Description 1: BURNHAM HILLS

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 700101

Zoning

Zoning: RE2

Geography

Assessors Map Reference: GV31

Account Number: 01709556
District: 01
Parcel: 01-01709556
Lot: 23
Latitude: 39.1973
Longitude: -77.1528

Address

Full Address: 7416 Cutty Sark Way

Address - House Number: 7416
Address - Street Name: Cutty Sark
Address - Suffix Type: Way
State: MD
City Name: Gaithersburg
Carrier Code: R035
4-Digit Zip Code: 4301
Zip Code: 20882

Valuation

Tax

Tax Year: 2023

Tax Amount: $318,103

Appraisal Valuation

Standard Deviation: 0.1327

Valuation Date: Jan 17, 2024
Confidence Score: 84
Final Value: 808,228
High Value: 915,533
Low Value: 700,922

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $559,700

Market Land Value: $193,900
Market Improvement Value: $365,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $559,700
Assessed Land Value: $193,900
Assessed Improvements Value: $365,800

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 20, 2023

Current Sale Recording Date: Oct 27, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Dec 31, 1991
Previous Sale Contract Date: Dec 31, 1991
Previous Sale Amount: $315,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
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

Request mortgage information redaction

Comparables

About Montgomery

Stats & Trends

Median Asking:

$629,995

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

Average Home Size

2516 ft²

Average Home Age

44.1 years

Currently For Sale

3870 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

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$2,800 /mo

3 Beds
3 Baths
1,696 ft²

8609 Hawk Run Terrace, MONTGOMERY VILLAGE, MD, 20886 Listing by Jose P Hurtarte

Unit for rent at 7408 Lake Katrine Terrace, GAITHERSBURG, MD, 20879

$2,850 /mo

3 Beds
2 Baths
1,620 ft²

7408 Lake Katrine Terrace, GAITHERSBURG, MD, 20879 Listing by Neng-Hua Guo

Unit for rent at 19 Harbor Tree, GAITHERSBURG, MD, 20886

$2,500 /mo

3 Beds
2 Baths
1,440 ft²

19 Harbor Tree, GAITHERSBURG, MD, 20886 Listing by Sonia P Benperlas

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Audrey A Primozic
Weichert, REALTORS
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2105030

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