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$735,000

Beds
5
Baths
3.0
sq ft
3,056

8704 Woodfield Ct, Gaithersburg, MD 20882

8704 Woodfield Ct

GAITHERSBURG, MD 20882

  • 6 days on market
    • Open house Jun 29
Experience this meticulously upgraded home, situated on a quiet cul-de-sac and showcasing over $90K in enhancements since 2020. The main level features elegant oak hardwood floors throughout, a FULLY MODERNIZED KITCHEN perfect for the avid chef, and spacious dining and living rooms with custom built-ins. Step outside to a LARGE, HIGH-END COVERED MAHOGANY DECK with a sunshade and swing set, ideal for both relaxation and entertainment. The upper level offers four bedrooms and two beautifully updated bathrooms. The lower level, completely transformed in 2022, includes a STATE-OF-THE-ART GOURMET KITCHEN (the second kitchen in the house), a spacious fifth bedroom with a walkout, a full bath, a laundry area, and custom motorized blinds for convenience. The fully fenced private backyard provides a luxurious space with a professionally maintained SALTWATER POOL, a sauna for ultimate relaxation, a flagstone patio perfect for gatherings, and a garden. Additional features include an oversized two-car garage with a workshop, numerous built-ins, attic storage, extra storage behind the garage, and two detached sheds. The property also features an expansive driveway with extra parking alongside the garage and an entire unfinished fourth lower level offering abundant storage space or potential for custom renovations. Enjoy the luxury of a professional reverse osmosis drinking system and the convenience of custom motorized blinds in the lower level. No HOA! Conveniently located close to shops, restaurants, schools, and more!

Details

Property type

Single Family Residence

Est. home value

$687,701

Lot size

0.63 acres

Price per sq ft

$241

Year built

1973

Annual property taxes

$7,086

HOA

No

Price History

06/27/2024

Bright #MDMC2137624

Listed
$735,000
+5%
04/21/2023

Bright #MDMC2085020

Sold
$700,000
+32.08%
04/08/2020

Bright #MDMC699374

Sold
$530,000

Schools & Community

Elementary school: 

CLEARSPRING

Middle school: 

JOHN T. BAKER

High school: 

DAMASCUS

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

$123,337
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$552,863
Cash to seller
$123,337

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

Seller’s Loan History

Lender

Cornerstone Mortgage Services Inc

Loan start date

April 2023

Original loan amount

$560,000

Est. remaining balance

$552,863

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Kim Hong Seb

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 7:40 PM

Listing updated: 06/27/2024 at 12:24 AM

Listed by: Sam Lin, RLAH @properties Phone #: (301) 652-0643

MLS: Bright #MDMC2137624

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