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$410,000

Beds
3
Baths
2.5
sq ft
1,387

5 Blue Ribbon Ct Unit 6-3, Gaithersburg, MD 20878

5 Blue Ribbon Ct Unit 6-3

GAITHERSBURG, MD 20878

  • 8 days on market
    • Open house Jun 29
Welcome to 5 Blue Ribbon Ct, Unit 63 in the heart of Gaithersburg! This charming 3-level townhome is just minutes away from both the Downtown Crown and Rio Lakefront shopping and dining districts, offering a lifestyle of convenience and comfort. The home features a spacious living room with a sliding door leading to an updated patio and outdoor space, perfect for relaxation and entertaining. The eat-in kitchen boasts stainless steel appliances and an oversized bay window, which soaks the room with sunlight. A main-level coat closet and powder room adds to the convenience. Upstairs, you'll find three bedrooms and a full bath with soaking tub and dual vanities. The lower level has been thoughtfully updated with the bathroom recently renovated to include a walk-in shower. This has fully enhanced the flexibility of the recreation space, which can now be used as a sleeping area or additional living space. Completing the lower level is a large laundry room that also provides an incredible amount of storage. Low monthly fees cover your water bill and community common area maintenance, as well as access to the neighborhood pool. Located close to major commuter routes, local parks and trails, and the metro, this lovingly cared-for townhome combines modern updates with an unbeatable location. Don't miss this opportunity to make 5 Blue Ribbon Ct your new home!

Details

Property type

Condominium

Est. home value

$397,702

Lot size

Unknown

Price per sq ft

$296

Year built

1972

Annual property taxes

$3,772

HOA

No

Price History

06/28/2024

Bright #MDMC2137388

Listed
$410,000
+34.43%
06/24/2020

Bright #MDMC707996

Sold
$305,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$153,698
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$223,502
Cash to seller
$153,698

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2020

Original loan amount

$244,000

Est. remaining balance

$223,502

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Monica Rousseau

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: Active

Tomo last checked: 06/28/2024 at 7:35 PM

Listing updated: 06/28/2024 at 12:14 AM

Listed by: Rachel P Levey, Compass Phone #: (202) 386-6330

MLS: Bright #MDMC2137388

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