$249,000
$259,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,097 SqFt
SOLD DATE : 07/30/2021
Key Details
Sold Price $249,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,097 sqft
Price per Sqft $226
Subdivision Potomac Grove
MLS Listing ID MDMC762252
Sold Date 07/30/21
Style Traditional
Bedrooms 2
Full Baths 1
Half Baths 1
Condo Fees $155/mo
HOA Fees $113/mo
HOA Y/N Y
Abv Grd Liv Area 1,097
Originating Board BRIGHT
Year Built 1989
Annual Tax Amount $2,213
Tax Year 2021
Property Description
Excellent opportunity for 1st time buyers or investors! Excellent condo townhome style living in sought after Potomac Grove. This welcoming unit features a charming front porch, entry foyer with closet and powder room access, spacious kitchen with eat in area, ample cabinets and large pass through into the living room/dining room. The sun soaked living room and dining room overlooks wooded area with trails and access to Muddy Branch park. The lower level (above grade) of this home offers a master bedroom with walk in closet, full bathroom with double vanity, second bedroom for home office or guests and storage area with side by side washer/dryer. Property includes one reserved parking space and guest pass along with additional exterior storage area. Conveniently located near major shopping and commuter routes. Welcome home!
owner rented the unit for $1,740/month. 20% down is a $51,980 with a total PITI_ condo dues of $1,415/month. You can immediately cash flow $325/month which is a 7.5% COC return!! This is a great investment opportunity!
Location
State MD
County Montgomery
Zoning R-200
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 1.0
Amenities Available Common Grounds, Tot Lots/Playground
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Montgomery County Public Schools
Others
HOA Fee Include Insurance,Lawn Maintenance,Management,Recreation Facility,Reserve Funds,Snow Removal,Trash
Senior Community No
Tax ID 160602840043
Ownership Condominium
Special Listing Condition Standard
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Bought with Karen Matzkin • Long & Foster Real Estate, Inc.