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$800,000

Beds
4
Baths
2.5
sq ft
3,156

5224 Continental Dr, Rockville, MD 20853

5224 Continental Dr

ROCKVILLE, MD 20853

  • 2 days on market
    • Open house Sep 22
Immaculate Colonial in Sought-After Norbeck Estates Move right into this beautifully updated colonial home, nestled in a serene setting that backs to trees and lush green space. This turn-key gem features: Modern Kitchen & Baths: Enjoy granite counters, birch cabinets, stainless steel appliances, and a stylish backsplash. Inviting Family Room: Step down to a spacious family room with new wood flooring and a charming painted brick fireplace—ideal for entertaining. Formal Dining Room: Perfect for special occasions and family dinners, enhanced with crown molding and box trim. Screened Porch & Deck: Relax or entertain guests on the fantastic deck with skylights, overlooking the expansive lot. Finished Basement: Adds extra living space for your needs. Generous Bedrooms: The upper level boasts 4 spacious bedrooms and 2 full, updated baths, including a luxurious master suite. Large Garage: 2-car garage with a 4 ft bump-out and expanded driveway. Recent Updates Include: New roof with Landmark Pro shingles (Sept 2022) Two new Velux skylights (2022) White oak hardwood floors replaced throughout (2020); living and family rooms upgraded with engineered wood to match (2021) Crown molding installed in the living room and dining room Decorative sconces added in the living room and above the nightstand in a bedroom Nostalgic Warehouse door hardware throughout Farrow and Ball and Benjamin Moore paints used throughout the home Updated Visual Comfort brand lighting fixtures Additional Perks: Walking distance to the neighborhood park and Blue-Ribbon Elementary School Proximity to Olney Town Center, ICC, Shady Grove Metro, Lake Needwood, and Lake Frank Don’t miss this opportunity to own a pristine home in a desirable location!

Details

Property type

Single Family Residence

Est. home value

$737,208

Lot size

0.36 acres

Price per sq ft

$254

Year built

1975

Annual property taxes

$7,579

HOA

No

Price History

09/19/2024
Bright

Bright #MDMC2148708

Listed
$800,000
+40.99%
03/27/2020
Bright

Bright #MDMC686628

Sold
$567,400

Schools & Community

Elementary school: 

CASHELL

Middle school: 

REDLAND

High school: 

COL. ZADOK A. MAGRUDER

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

$290,250
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$445,750
Cash to seller
$290,250

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

March 2021

Original loan amount

$483,000

Est. remaining balance

$445,750

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Eric Schwartz and Meghan Schwartz

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: 09/19/2024 at 6:10 PM

Listing updated: 09/19/2024 at 3:00 PM

Listed by: Gary J Rudden, RE/MAX Realty Services Phone #: (240) 403-0400

MLS: Bright #MDMC2148708

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