Taxes
- Assessed Value: $208,333
- Assessed Year: 2026
- Assessed County: Montgomery
- APN: 09-01616474
- Market Land Value: 69000
- Tax Amount: 3115.87
- Tax Year: 2025
- Market Value: 230000
- Market Year: 2026
2 Michael Ct; Gaithersburg, MD Property Details
Off market
2 Michael Ct #15 Gaithersburg, MD 20877
$208,333 Estimated Value
1 Baths
1,365 SqFt
Property Type
CondominiumProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1973
- Purchase Price: $200,000
- Open Loans / Balance: 1 / $137,872
- Est. Equity / %: $194,128 / 58.47%
- Gross Yield: 5.353%
- APN: 09-01616474
- Situs County: Montgomery
- Length Of Ownership: 21 years, 8 months
Rooms
- Bathrooms: 1
- Full Bathrooms: 1
Structure
- Building Condition: Average
- Sewer Type: Municipal
Measurements
- Total: 1,365/SqFt
- Lot: 43,560/SqFt
- Gross: 1,365/SqFt
- Living: 1,365/SqFt
- Building: 1,365/SqFt
- Ground: 1,365/SqFt
- Price Per Square Foot: $146.52
Legal Description
- Description: UNIT 15 PAR 4A NEWPO RT ESTS SEC 1
Building Insights
Land Information
- Property Type: Condominium
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Montgomery County Public Schools
- Lat / Lon: 39.142365 / -77.180405
- Subdivision: Newport Ests
- Property Class: Residential
- Zoning: RPT
- County Use Code: 114
Amenities
- Plus Four: 3442
- Cooling: Yes
- Heating: Yes
HOA
- H O A One: $405
- H O A Amount: $405
- H O A One Frequency: Monthly
- H O A One Name: Newport Estates Section I
- H O A One Type: Condo Owner Association
- H O A Two Name: Newport Estates Section I A Condominium Association
- H O A Two Type: Condo Owner Association
Ownership Info
2 Michael Ct #15 has no associated ownership info
2 Michael Ct #15 has no associated ownership info.
Taxes
2 Michael Ct #15 has 9 associated Taxes items
2 Michael Ct, 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 $208,333. The APN we've located for 2 Michael Ct is 09-01616474.
Unlock the full reportTax History
2 Michael Ct #15 has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value $230,000 | Land Value $69,000 | Improvement Value $161,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value | Land Value | Improvement Value | Tax Amount $3,115.87 | Change Rate +0.122035% | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $186,667 | Land Value | Improvement Value | Tax Amount $2,776.98 | Change Rate | Assessed CR | Tax Rate +0.014877% |
| Year 2023 | Assessed Value $165,000 | Land Value $49,500 | Improvement Value $115,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $160,000 | Land Value | Improvement Value | Tax Amount $1,672.62 | Change Rate -0.482674% | Assessed CR | Tax Rate +0.010454% |
| Year 2021 | Assessed Value $155,000 | Land Value | Improvement Value | Tax Amount $3,233.2 | Change Rate +0.064071% | Assessed CR | Tax Rate +0.020859% |
| Year 2020 | Assessed Value $150,000 | Land Value $45,000 | Improvement Value $105,000 | Tax Amount $3,038.52 | Change Rate +0.017759% | Assessed CR | Tax Rate +0.020257% |
| Year 2019 | Assessed Value $150,000 | Land Value $45,000 | Improvement Value $105,000 | Tax Amount $2,985.5 | Change Rate +0.563867% | Assessed CR | Tax Rate +0.019903% |
| Year 2018 | Assessed Value $150,000 | Land Value $45,000 | Improvement Value $105,000 | Tax Amount $1,909.05 | Change Rate -0.043299% | Assessed CR | Tax Rate +0.012727% |
| Year 2017 | Assessed Value $150,000 | Land Value | Improvement Value | Tax Amount $1,995.45 | Change Rate | Assessed CR | Tax Rate +0.013303% |
| Year 2016 | Assessed Value $146,667 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $143,333 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $140,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $1,571.55 | Change Rate | Assessed CR | Tax Rate |