NOT LISTED FOR SALE

10505 Mercado Way Montgomery Village, MD 20886

Estimated Value: $619,000 - $652,000

5 Beds
2.5 Baths
2,340 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $560,000 $239 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,952/month

Highlights

  • Scenic Views
  • Community Lake
  • Property is near a park
  • Open Floorplan
  • Contemporary Architecture
  • Private Lot

About This Home

As of September 2022

Beautiful 5 BR contemporary on a premium, wooded lot backing to trees and stream. Home features 1st floor Bedroom with fireplace or can be a large Recreation Room, Office/Playroom etc. Open floor plan boasts Living Room, Dining Room, Kitchen with eating area open to Family Room with fireplace. Walk-out to patio and your own private oasis with trees, stream and wild life - enjoy nature at its best! 2nd Level features Master Bedroom with ensuite Bathroom, 3 additional Bedrooms, Hall Bathroom. Gorgeous hardwood floors throughout both levels. Located close to major commuter routes, 270, shops, schools, pools. Lots of walking paths and trails. Click on movie camera icon for Virtual Tour of property.

Last Agent to Sell the Property

Trish Stovall

(301) 938-2658 trish.stovall@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 08/25/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mary Stiff

(301) 325-4529 mary.stiff@longandfoster.com Long & Foster Real Estate, Inc. License #SP40003493

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 1972

Lot Details

  • 9,813 Sq Ft Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Private Lot
  • Backs to Trees or Woods
  • Property is zoned R90

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160900807286

Community Details

Overview

  • Association fees include management, reserve funds, pool(s), trash
  • Montgomery Village Foundation HOA, Phone Number (301) 948-0110
  • Built by Kettler
  • Montgomery Village Foundation Community
  • Stedwick Subdivision
  • Property Manager
  • Community Lake

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,838

Year Built

Built in 1972

Lot Details

0

HOA Fees

$128 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Interior Amenities: Kitchen - Table Space, Floor Plan - Open, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Window Treatments, Wood Floors, Formal/Separate Dining Room
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Bedroom 1, Study, Laundry, Bedroom 6
  • Basement: No
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 243.59
  • Above Grade Finished Sq Ft: 2340
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Wood Siding, Stone
  • View: Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 128.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Jog/Walk Path, Lake, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Pool(s), Trash
  • HOA Name: MONTGOMERY VILLAGE FOUNDATION
  • HOA Phone: (301)948-0110
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs - Open Common Area, Backs - Parkland, Backs To Trees, Cul-De-Sac, Private
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9813.00
  • Zoning: R90
  • In City Limits: No

Building Info

  • Builder Name: Kettler

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13892154
  • Tax Annual Amount: 4838.00
  • Assessor Parcel Number: 160900807286
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 30, 2022
Sold by
National Transfer Services Llc
Bought by
Frost Joseph P and Frost Amanda
Seller's Agent
Trish Stovall
Long & Foster Real Estate, Inc.
Buyer's Agent
Mary Stiff
Long & Foster Real Estate, Inc.
List Price
$570,000
Sold Price
$560,000
Premium/Discount to List
-$10,000
-1.75%
Views
46
Current Estimated Value
$634,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,890
Avg. Annual Appreciation
4.16%
Original Mortgage
$560,000
Outstanding Balance
$534,702
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$100,188

Purchase Details

Closed on
Jul 10, 2022
Sold by
Hessler Iii John F
Bought by
National Transfer Services Llc

Purchase Details

Listed on
May 25, 2017
Closed on
Jun 30, 2017
Sold by
James James and James Lissa
Bought by
Hessler John F and Hessler Danielle M
Seller's Agent
Lydia Trello
Long & Foster Real Estate, Inc.
Buyer's Agent
Robert Qawar
Long & Foster Real Estate, Inc.
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$387,030
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2011
Closed on
Feb 14, 2012
Sold by
Corame Rosalie and Corame John J
Bought by
Ray James and Ray Lissa James
Seller's Agent
Andrew Einsmann
Heymann Realty, LLC
Buyer's Agent
Lydia Trello
Long & Foster Real Estate, Inc.
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$304,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 2007
Sold by
Nordquist Rosalie C
Bought by
Corame Rosalie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 7, 2007
Sold by
Nordquist Rosalie C
Bought by
Corame Rosalie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
6.78%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 20, 2006
Sold by
Cully George W and Cully Margaret T
Bought by
Nordquist Rosalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 10, 2006
Sold by
Cully George W and Cully Margaret T
Bought by
Nordquist Rosalie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2004
Sold by
Pirtle Judith C Trustee
Bought by
Cully George W and Cully Margaret T

Purchase Details

Closed on
May 23, 2003
Sold by
Pirtle Judith C
Bought by
Pirtle Judith C Trustee

Purchase Details

Closed on
Jul 7, 1997
Sold by
David C Read Et Al Tr
Bought by
Pirtle Judith C
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frost Joseph P $560,000 Brennan Title
Frost Joseph P $560,000 Brennan Title
National Transfer Services Llc $570,000 --
National Transfer Services Llc $570,000 Brennan Title
Hessler John F $399,000 Wfg Natl Title Ins Co
Ray James $320,000 Fidelity National Title Insu
Corame Rosalie N -- --
Corame Rosalie N -- --
Nordquist Rosalie C $503,000 --
Nordquist Rosalie C $503,000 --
Nordquist Rosalie C $503,000 --
Nordquist Rosalie C $503,000 --
Cully George W $450,000 --
Cully George W $450,000 --
Pirtle Judith C Trustee -- --
Pirtle Judith C $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Joseph P $560,000
Closed Frost Joseph P $560,000
Previous Owner Hessler John F $387,030
Previous Owner Ray James $304,000
Previous Owner Corame Rosalie N $74,400
Previous Owner Corame Rosalie N $417,000
Previous Owner Corame Rosalie N $417,000
Previous Owner Nordquist Rosalie C $75,450
Previous Owner Nordquist Rosalie C $402,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $560,000 -1.8% $239 / Sq Ft
08/25/2022 08/25/22 For Sale $570,000 +42.9% $244 / Sq Ft
06/30/2017 06/30/17 Sold $399,000 0.0% $171 / Sq Ft View Prior Sale
06/04/2017 06/04/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $399,000 +24.7% $171 / Sq Ft
02/15/2012 02/15/12 Sold $320,000 +6.7% $137 / Sq Ft View Prior Sale
11/09/2011 11/09/11 Pending -- -- --
10/17/2011 10/17/11 For Sale $299,900 -- $128 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,014 $510,033 -- --
2024 $6,014 $483,567 $0 $0
2023 $4,994 $457,100 $193,500 $263,600
2022 $4,480 $431,700 $0 $0
2021 $4,146 $406,300 $0 $0
2020 $7,681 $380,900 $193,500 $187,400
2019 $3,826 $380,900 $193,500 $187,400
2018 $3,825 $380,900 $193,500 $187,400
2017 $3,786 $384,800 $0 $0
2016 $3,960 $363,233 $0 $0
2015 $3,960 $341,667 $0 $0
2014 $3,960 $320,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2066700

Bright MLS

APN: 09-00807286