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Sold for $505,000
  • $505,000

    115 Coral Reef Ter, Gaithersburg, MD 20878

    3beds
    1,320sqft
    Townhouse
    Built in 1989
    2,200 Square Feet Lot
    $523,500 Zestimate®
    $383/sqft
    $2,845 Estimated rent

    Home value

    $523,500

    $497,000 - $550,000

    $2,845/mo

    Zestimate® history
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    What's special

    All offers due Tuesday, Sep 19, 2023, 10 am! The Seller reserves the right to accept an offer prior to the Sep 19. Beautiful views of wooded parkland. Bright open space kitchen with a great deck view! Beautiful floors, built-in shelves; brick patio; granite countertop. New floor on lower level and on upper level, very recent AC, roof, and windows. Minutes of walk or a short drive to Crown Farm, Rio, Kentland, Schools, Metro, and Buses, and Entertainment. Community Swimming Pool and Tennis. A great walking path leading to the Lifetime gym. Public transportation, bus routes, lead to the Metro station. Exit to 270 nearby. All offers due Tuesday, Sep 19, 2023, 10 am! The Seller reserves the right to accept an offer prior to the Sep 19.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Lee 540-287-4805,

    BMI REALTORS INC.

    Bought with:

    Bijan Kavandi, 0225193342

    Evergreen Properties

    Source: Bright MLS,MLS#: MDMC2107620MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    • Main level bathrooms: 1
    Basement
    • Area: 660
    Heating
    • Central, Heat Pump, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Combination Kitchen/Dining, Built-in Features
    • Basement: Exterior Entry,Rear Entrance,Full,Heated,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,980
    • Total interior livable area: 1,320 sqft
    • Finished area above ground: 1,320

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Pool features: Community
    Lot
    • Size: 2,200 sqft
    Details
    • Additional structures: Above Grade
    • Parcel number: 160902704993
    • Zoning: R20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Combination, Brick
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Septic, Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Gaithersburg
    • Subdivision: Park Summit Codm
    • Municipality: GAITHERSBURG

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $101 monthly
    • Amenities included: Common Grounds, Pool, Tennis Court(s), Tot Lots/Playground, Jogging Path
    • Association name: PARK SUMMIT

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/14/2025Listing removed$1,150$1/sqft
    Source: Zillow Rentals Report a problem
    6/9/2025Listed for rent$1,150+2.2%$1/sqft
    Source: Zillow Rentals Report a problem
    2/11/2025Listing removed$1,125$1/sqft
    Source: Zillow Rentals Report a problem
    1/31/2025Listed for rent$1,125-40.5%$1/sqft
    Source: Zillow Rentals Report a problem
    9/29/2023Sold$505,000+1%$383/sqft
    Source: Bright MLS #MDMC2107620 Report a problem
    9/18/2023Pending sale$500,000$379/sqft
    Source: Bright MLS #MDMC2107620 Report a problem
    9/18/2023Price change$500,000+0%$379/sqft
    Source: Bright MLS #MDMC2107620 Report a problem
    9/16/2023Listed for sale$499,900+42.8%$379/sqft
    Source: Bright MLS #MDMC2107620 Report a problem
    3/30/2015Sold$350,000+0%$265/sqft
    Source: Public Record Report a problem
    3/9/2015Listing removed$1,890$1/sqft
    Source: BMI REALTORS INC. #MC8561949 Report a problem
    3/8/2015Price change$1,890-0.5%$1/sqft
    Source: BMI REALTORS INC. #MC8561949 Report a problem
    2/26/2015Listed for rent$1,900$1/sqft
    Source: BMI REALTORS INC. #MC8561949 Report a problem
    2/7/2015Pending sale$349,900$265/sqft
    Source: RE/MAX REALTY GROUP #MC8545215 Report a problem
    2/2/2015Listed for sale$349,900+55.5%$265/sqft
    Source: Remax Realty Group #MC8545215 Report a problem
    5/16/2003Sold$225,000+61.9%$170/sqft
    Source: Public Record Report a problem
    3/30/1999Sold$139,000-7.3%$105/sqft
    Source: Public Record Report a problem
    10/28/1994Sold$150,000$114/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,380 +11.7%$390,900 +5.6%
    2024$4,818 +6.4%$370,200 +5.9%
    2023$4,528 +5.1%$349,500 +2.1%
    2022$4,310 +1.7%$342,167 +2.2%
    2021$4,237 +2.5%$334,833 +2.2%
    2020$4,132 +5.4%$327,500
    2019$3,920 -0.6%$327,500 +5.7%
    2018$3,942 0%$309,767 +2.9%
    2017$3,943 +14.8%$300,900 +6.2%
    2016$3,435 $283,333 +6.6%
    2015$3,435 $265,767 +7.1%
    2014$3,435 $248,200
    2013-- $248,200
    2012-- $248,200 -14.1%
    2011-- $288,840
    2010-- $288,840
    2009-- $288,840 -16.9%
    2008-- $347,730 +17.9%
    2007-- $295,002 +21.8%
    2006-- $242,276 +27.8%
    2005-- $189,550 +10.6%
    2004-- $171,316
    2003-- $171,316 +27%
    2002-- $134,850
    2001-- $134,850

    Find assessor info on the county website

    Neighborhood: 20878

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Quince Orchard
    • District: Montgomery County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $523,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $523,500