Hurry!! This is great opportunity purchase a large, detached home at a bargain price. The luxury home has over 7000 square feet of living space, 5 bedrooms, 4.5 baths, an office plus much more. External features include a 3-car garage, large backyard, large deck with steps, just to mention a few. This is a short sale, and all offers are subject to third party’s approval.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 2005
Stories: 3
Living Area: 5,884 SqFt
Listing Office:
Office Name: Bennett Realty Solutions
Office Phone: (301) 646-4047
Listing Agent: Chizea C Nwosa
Interior Features
Interior Information:
Basement: Yes
Interior: Attic, Kitchen - Gourmet, Butlers Pantry, Breakfast Area, Kitchen - Island, Dining Area, Kitchen - Eat-In, Floor Plan - Open
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 2.01 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air, Ceiling Fan(s)
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: Please use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
Price Per SqFt: $170/SqFt
HOA Fees:
Amount: $320
Frequency: Annually
Tax Information:
Annual Amount: $8,086
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gaithersburg, MD.
This property is $475K more than the Median Sold Price and $90/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: #MDMC2125588
Listing Office:
Office Name: Bennett Realty Solutions
Office Phone: (301) 646-4047
Listing Agent: Chizea C Nwosa
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,084
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$26
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
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
5
/10
Judith A. Resnik Elementary School
7301 Hadley Farms Dr
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Middle School
5
/10
Redland Middle School
6505 Muncaster Mill Rd
Distance between this listing and this school2.09 miles
Public District Grades 6-8
High School
4
/10
Col. Zadok Magruder High School
5939 Muncaster Mill Rd
Distance between this listing and this school2.87 miles
Public District Grades 9-12
Assigned Schools
5
/10
Judith A. Resnik Elementary School
7301 Hadley Farms Dr
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Nearby Schools
5
/10
Mill Creek Towne Elementary School
17700 Park Mill Dr
Distance between this listing and this school1.94 miles
Public District Grades PK-5
6
/10
Candlewood Elementary School
18100 Washington Grove Ln
Distance between this listing and this school2.00 miles
Public District Grades KG-5
Assigned Schools
5
/10
Redland Middle School
6505 Muncaster Mill Rd
Distance between this listing and this school2.09 miles
Public District Grades 6-8
Nearby Schools
4
/10
Shady Grove Middle School
8100 Midcounty Hwy
Distance between this listing and this school2.39 miles
Public District Grades 6-8
3
/10
Forest Oak Middle School
651 Saybrooke Oaks Blvd
Distance between this listing and this school2.89 miles
Public District Grades 6-8
Assigned Schools
4
/10
Col. Zadok Magruder High School
5939 Muncaster Mill Rd
Distance between this listing and this school2.87 miles
Public District Grades 9-12
Nearby Schools
3
/10
Gaithersburg High School
314 S Frederick Ave
Distance between this listing and this school4.08 miles
Public District Grades 9-12
4
/10
Watkins Mill High School
10301 Apple Ridge Rd
Distance between this listing and this school4.40 miles
The neighbors living near this home have an average income of $197,821. The most common annual income of people living in Gaithersburg, MD is $200k+. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7021 Cypress Hill Dr
What is the listing price of this property?
The listing price of 7021 Cypress Hill Dr property is $1,000,000.
What type of property is this?
The property 7021 Cypress Hill Dr is a house located in Gaithersburg, Maryland, 20879.
Is this property for sale now?
Active Listing: 7021 Cypress Hill Dr is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7021 Cypress Hill Dr are: Judith A. Resnik Elementary School: GreatSchools Rating 5/10Redland Middle School: GreatSchools Rating 5/10Col. Zadok Magruder High School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,086 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 27, 2005 for $1,035,475. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7021 Cypress Hill Dr has 5 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 7021 Cypress Hill Dr is 5,884 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7021 Cypress Hill Dr is 2005.
This home is located at 7021 Cypress Hill Dr in Gaithersburg, MD and zip code 20879. This 5,884 square foot home, which was built in 2005, sits on a 2.01 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,000,000.
Over 30 listings were sold over their listed price in March 2024 in Gaithersburg, MD. In the same period over 12 listings were sold below the listed price and 9 listings were sold for the listed price. Between February 2024 and March 2024, Gaithersburg, MD real estate market has seen increase in the number of listings by 9.8%. In March 2024 median list price was $525,000 and the average listing age was 14 days.
From Rocket Homes Real Estate and based on county public records data.