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$529,224Estimated home value

Beds
3
Baths
2.5
sq ft
2,611

434 Orchard Ridge Dr, Gaithersburg, MD 20878

434 Orchard Ridge Dr

GAITHERSBURG, MD 20878

  • Sold On 8/9/2024
Discover luxury and convenience in this meticulously upgraded condo townhome Located in the sought-after Orchard Ridge community, featuring new luxury LVP flooring throughout the main level. Every detail has been thoughtfully considered to create a modern, stylish living space. Perfect for entertaining, the main level boasts a large living area, designated dining space, and flexible usage options. The gourmet kitchen includes an oversized island, upgraded cabinets, an extended pantry and newer stainless steel appliances. Enjoy seamless indoor/outdoor living with a private deck just off the kitchen. Upstairs, the light-filled primary suite features an oversized walk-in closet and an upgraded, spa-like bathroom. Two additional spacious bedrooms and a versatile sitting space complete the upper level. The attached garage has been renovated with overhead storage and is wired for an electric vehicle charging station. This home offers access to parks, sport courts, tot lots and playgrounds, lakes, and a covered facility perfect for picnics or parties. With ample guest parking and proximity to main highways , metro and train stations, Kentlands shopping center, Downtown Crown, and various dining and shopping options."

Details

Property type

Condominium

Est. home value

$529,224

Lot size

Unknown

Price per sq ft

$207

Year built

2011

Annual property taxes

$5,125

Monthly HOA fee

$105.5

Price History

08/08/2024
Bright

Bright #MDMC2139250

Sold
$545,000
+0.94%
07/22/2024
Bright

Bright #MDMC2139250

Pending
$539,900
07/12/2024
Bright

Bright #MDMC2139250

Listed
$539,900
+9.07%

Schools & Community

Elementary school: 

DIAMOND

Middle school: 

LAKELANDS PARK

High school: 

NORTHWEST

Community features: 

Pool

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$190,583
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$306,125
Cash to seller
$190,583

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homespire Mortgage Corp

Loan start date

September 2021

Original loan amount

$371,250

Est. remaining balance

$306,125

Interest rate

2.12%

Loan type

New Conventional, 15 year

Seller

Di Shao and Wei Xiong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 09/23/2024 at 11:17 PM

Listed by: Nader Bagheri, Weichert, REALTORS Phone #: (301) 540-1330

MLS: Bright #MDMC2139250

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