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Backup Offers

7316 Torran Rocks Way, Gaithersburg, MD, 20879

$480,000

Home List Price

$5,700*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,188 SqFt
$404/SqFt
House

Location

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7316 Torran Rocks Way, Gaithersburg$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Storage Area, Garage - Front Entry, Garage Door Opener, Attached Garage
Garage2 spaces
Year Built1986
HeatingHeat Pump
CoolingCentral Air, Ceiling Fan(s), Heat Pump, Wall Unit(s)
BasementYes
MLS #MDMC2150550
Lot Size0.16 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 7316 Torran Rocks Way

Welcome to this well kept detached home with a renovated kitchen, additional large sun room and a spacious basement with its own private entrance. Featuring 3 bedrooms, 2 full bathrooms, eat-in kitchen, garage and a fully finished walk-out basement, this home offers so much. Freshly painted, spruced up and move-in ready just for you! Excellent location just moments from public transportation, Shady Grove Metro station, highways, shopping, restaurants, etc. Home has been nicely maintain with plenty of natural light, full kitchen in the basement, nice private fenced in backyard. Contact listing agent for more details.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch/Rambler
  • Year Built: 1986
  • Stories: 1
  • Living Area: 1,188 SqFt

Listing Office:

  • Office Name: District Pro Realty
  • Office Phone: (301) 452-5691
  • Listing Agent: David R. Maldonado

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Oven, Electric Range, Stainless Steel Appliances, Washer, Water Heater
  • Basement: Yes
  • Flooring Type: Engineered Wood, Luxury Vinyl Tile, Ceramic Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Gutter System, Kennels

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Additional Storage Area, Garage - Front Entry, Garage Door Opener, Attached Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s), Heat Pump, Wall Unit(s)

Other

Directions Information:

  • Directions: via GPS to 7316 Torran Rocksway, Gaithersburg, MD

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $404/SqFt

HOA Fees:

  • Amount: $72
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,969
  • 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

$537.2K

Med. Price/SqFt

$265

Avg. Days On Market

17

# of Sold Homes

77

7316 Torran Rocks Way vs Gaithersburg

44 DAYS ON ROCKET

+27 Days

$480,000

-$57.2K Less

$404/SqFt

+$138 More

KEY TAKEAWAY

This property is $57.2K less than the Median Sold Price and $138/SqFt more than other homes in Gaithersburg, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDMC2150550

Listing Office:

  • Office Name: District Pro Realty
  • Office Phone: (301) 452-5691
  • Listing Agent: David R. Maldonado

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: 11/24/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,969$307,700
2020$2,912$296,800
2018$2,586$268,733

History based on county public records data.

Payment Calculator

$2,535

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

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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.

Nearby Schools

school-card-donut-1080380
4
/10

  • Judith A. Resnik Elementary School

  • 7301 Hadley Farms Dr

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-1080381
3
/10

  • Flower Hill Elementary School

  • 18425 Flower Hill Way

  • 1.44 miles

  • Public District Grades PK-5

school-card-donut-1080382
5
/10

  • Strawberry Knoll Elementary School

  • 18820 Strawberry Knoll Rd

  • 1.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,131. The majority of Gaithersburg, MD residents have income between $100k-200k annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Gaithersburg, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Gaithersburg, MD?

Gaithersburg offers a diverse array of housing options, with single-family homes, apartments, and townhouses available to suit a range of preferences. The architectural styles in the area are varied, with a mix of colonial, contemporary, and ranch-style homes. The housing market is dynamic, with a healthy balance of ownership and rental opportunities. Single-family homes are prevalent, while multifamily dwellings provide alternatives for those seeking a more urban living experience.

What are the advantages of living in Gaithersburg, MD?

Gaithersburg is celebrated for its vibrant community spirit and a family-friendly atmosphere. The city prides itself on a blend of historic charm and modern amenities, offering residents a suburban feel with pockets of urbanity. Annual events, such as the Gaithersburg Book Festival, reflect the cultural richness and educational values of the community.

Are essential services in Gaithersburg, MD convenient?

The city is served by a robust educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are comprehensive, with several clinics and a hospital that provide a range of medical services. Gaithersburg also features a network of public libraries and a variety of shopping and dining options that showcase the local culture. The city is proactive in adapting its services to meet the evolving needs of its diverse population.

How do Gaithersburg, MD residents get around?

Gaithersburg's transportation infrastructure supports both private and public transit options, with a focus on accessibility and convenience. The area is served by a network of buses that operate on a set schedule, connecting residents to key destinations within the city and beyond. The community is designed with walkability in mind, particularly in the downtown area, and there are several bike-friendly routes available. Major roads and highways provide efficient routes for commuters, with ongoing improvements to enhance traffic flow and reduce congestion.

Frequently Asked Questions About 7316 Torran Rocks Way

What is the listing price of this property?

The listing price of 7316 Torran Rocks Way property is $480,000.

What type of property is this?

The property 7316 Torran Rocks Way is a house located in Gaithersburg, Maryland, 20879.

Is this property for sale now?

Accepting Backup Offers: 7316 Torran Rocks Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,969 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7316 Torran Rocks Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7316 Torran Rocks Way is 1,188 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7316 Torran Rocks Way is 1986.

Rocket Homes›Maryland›Montgomery County›Gaithersburg›20879›7316 Torran Rocks Way

This home is located at 7316 Torran Rocks Way in Gaithersburg, MD and zip code 20879. This 1,188 square foot home, which was built in 1986, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $480,000.

Over 35 listings were sold over their listed price in October 2024 in Gaithersburg, MD. In the same period over 26 listings were sold below the listed price and 16 listings were sold for the listed price. The number of homes for sale in Gaithersburg, MD increased by 13.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $537,225, while the average time on the real estate market was 17 days.

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

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