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113 Coral Reef Ter; Gaithersburg, MD Property Details

113 Coral Reef Ter, Gaithersburg, MD is a Townhouse that was built in 1990. This property is currently a cash purchase and is not for sale. Our records show that 113 Coral Reef Ter has 3 bedrooms, and 2.5 bathrooms, and a total of 1,360 square feet. The lot size of 113 Coral Reef Ter is 4,510 square feet.

For Rent  •   Pre Probate ✓
113 Coral Reef Ter Gaithersburg, MD 20878
$2,300 Listing Price
3 Beds
2.5 Baths
1,360 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $246,000
  • Est. Equity / %: $387,000 / 100%
  • Gross Yield: 8.682%
  • APN: 09-02704982
  • Situs County: Montgomery
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 1,360/SqFt
  • Lot: 4,510/SqFt
  • Gross: 1,360/SqFt
  • Living: 1,360/SqFt
  • Basement: 1/SqFt
  • Building: 1,360/SqFt
  • Ground: 680/SqFt
  • Price Per Square Foot: $180.88

Legal Description

  • Description: PARK SUMMIT
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.12189 / -77.212906
  • Subdivision: Park Summit
  • Property Class: Residential
  • Zoning: R20
  • County Use Code: 116

Amenities

  • Plus Four: 2977
  • Cooling: Central
  • Heating: Yes

HOA

  • H O A One: $110
  • H O A Amount: $110
  • H O A One Frequency: Monthly
  • H O A One Name: Park Summit Homeowners Assn Inc %
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Park Summit Homeowners Assoc Inc %
  • H O A Two Type: Condo Owner Association

Ownership Info

113 Coral Reef Ter has no associated ownership info
113 Coral Reef Ter has no associated ownership info.

Taxes

113 Coral Reef Ter has 10 associated Taxes items

113 Coral Reef Ter, Gaithersburg, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $359,500. The APN we've located for 113 Coral Reef Ter is 09-02704982.

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Taxes
  • Assessed Value:  $359,500
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  09-02704982
  • Assessed Land Value:  150000
  • Market Land Value:  150000
  • Tax Amount:  4788.67
  • Tax Year:  2025
  • Market Value:  359500
  • Market Year:  2026

Tax History

113 Coral Reef Ter has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $359,500 Land Value $150,000 Improvement Value $209,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,788.67 Change Rate +0.054608% Assessed CR Tax Rate
Year 2024 Assessed Value $331,367 Land Value Improvement Value Tax Amount $4,540.71 Change Rate +0.049429% Assessed CR Tax Rate +0.013703%
Year 2023 Assessed Value $317,300 Land Value $120,000 Improvement Value $197,300 Tax Amount $4,326.84 Change Rate +0.032812% Assessed CR Tax Rate +0.013636%
Year 2022 Assessed Value $313,600 Land Value Improvement Value Tax Amount $4,189.38 Change Rate Assessed CR Tax Rate +0.013359%
Year 2021 Assessed Value $309,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $306,200 Land Value $120,000 Improvement Value $186,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $297,233 Land Value Improvement Value Tax Amount $7,909.74 Change Rate +1.155965% Assessed CR Tax Rate +0.026611%
Year 2018 Assessed Value $288,267 Land Value Improvement Value Tax Amount $3,668.77 Change Rate +0.001354% Assessed CR Tax Rate +0.012727%
Year 2017 Assessed Value $279,300 Land Value Improvement Value Tax Amount $3,663.81 Change Rate Assessed CR Tax Rate +0.013118%
Year 2016 Assessed Value $267,400 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $255,500 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $243,600 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate