14 days on rocket

Sale Pending

7562 Elioak Ter, Gaithersburg, MD, 20879

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,904 SqFt
$249/SqFt
Townhouse
Schools Nearby

Location

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7562 Elioak Ter, Gaithersburg$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Parking Lot
Year Built1989
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceFireplace - Glass Doors
ViewTrees/Woods
MLS #MDMC2130904
Lot Size0.05 Acres
StatusSale Pending
(PENDING)

About 7562 Elioak Ter

TOWNHOME TRIPLE CROWN... Welcome to this stunning townhouse, meticulously maintained and updated by the sellers! You’ll be amazed by the love and care that has gone into making this house a home. This property shines from top to bottom. Ideally situated as an End unit with side bay window, backs to lush trees, and walk-out basement. Recently remodeled home with beautiful hardwood floors and freshly painted throughout. Enjoy the lovely kitchen with stainless steel appliances, granite countertops, designer tile backsplash, dining room, and living are with easy access to the lovely deck overlooking the woods. Upper-level features 3 bedrooms and 2 full baths. Lower level has large family room with a fireplace with glass doors, 3rd full bath, bonus room, and laundry. Full walkout basement to back yard with side privacy fences. Major improvements/upgrades include recently replaced AC, Roof (2024), Freshly Painted (2024). Move-in ready, so come see for yourself! Showing begins on Friday, May 17th, open house Sunday, May 19th 1-3 PM

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1989
  • Stories: 3
  • Living Area: 1,904 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (301) 424-0900
  • Listing Agent: Shawn Cartwright

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances
  • Basement: Yes
  • Interior: Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Recessed Lighting, Upgraded Countertops, Window Treatments
  • Fireplace: Fireplace - Glass Doors

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Parking: Assigned, Parking Lot

Lot Features

Lot Information:

  • Lot: Trees
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Col. Zadok Magruder High School, Public District Grades 9-12
  • Redland Middle School, Public District Grades 6-8
  • Judith A. Resnik Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I270 N, Take Exit 8, Turn Right on Shady Grove Road which turns into Airpark Rd, Turn Right onto Woodfield Rd, Turn Left on Hadley Farms Dr, Turn Right onto Elioak Ter, Property on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $249/SqFt

HOA Fees:

  • Amount: $74
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,394
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gaithersburg, MD.

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Gaithersburg, MD

City

Med. Sold Price

$525.2K

Med. Price/SqFt

$259

Avg. Days On Market

12

# of Sold Homes

83

7562 Elioak Ter vs Gaithersburg

14 DAYS ON ROCKET

+2 Days

$475,000

-$50.2K Less

$249/SqFt

-$11 Less

KEY TAKEAWAY

This property is $50.2K less than the Median Sold Price and $11/SqFt less than other homes in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2130904

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (301) 424-0900
  • Listing Agent: Shawn Cartwright

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 1:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 23, 2021Home Sold
$380,000
Aug 25, 2004Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,394$317,767
2020$3,001$311,400
2018$2,942$307,267

History based on county public records data.

Payment Calculator

$2,512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3717332
4
/10

  • Judith A. Resnik Elementary School

  • 7301 Hadley Farms Dr

  • 0.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3717333
6
/10

  • Redland Middle School

  • 6505 Muncaster Mill Rd

  • 3.25 miles

  • Public District Grades 6-8

High School

school-card-donut-3717334
9
/10

  • Col. Zadok Magruder High School

  • 5939 Muncaster Mill Rd

  • 4.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,339. Residents of Gaithersburg, MD typically earn between $35k-100k each year. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7562 Elioak Ter

What is the listing price of this property?

The listing price of 7562 Elioak Ter property is $475,000.

What type of property is this?

The property 7562 Elioak Ter is a townhouse located in Gaithersburg, Maryland, 20879.

Is this property for sale now?

Sale Pending: 7562 Elioak Ter is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 7562 Elioak Ter are:
Judith A. Resnik Elementary School: GreatSchools Rating 4/10
Redland Middle School: GreatSchools Rating 6/10
Col. Zadok Magruder High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,394 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 23, 2021 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7562 Elioak Ter has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 7562 Elioak Ter is 1,904 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7562 Elioak Ter is 1989.

Rocket Homes›Maryland›Montgomery County›Gaithersburg›20879›7562 Elioak Ter

This home is located at 7562 Elioak Ter in Gaithersburg, MD and zip code 20879 in the Hadley Farms neighborhood. This 1,904 square foot home, which was built in 1989, sits on a 0.05 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $475,000.

Over 49 listings were sold over their listed price in April 2024 in Gaithersburg, MD. In the same period over 15 listings were sold below the listed price and 19 listings were sold for the listed price. The inventory of homes for sale in Gaithersburg, MD between March 2024 and April 2024 increased by 34%. In April 2024, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $525,280.

From Rocket Homes Real Estate and based on county public records data.

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