NOT LISTED FOR SALE

10509 Mercado Way Montgomery Village, MD 20886

Estimated Value: $541,000 - $556,000

3 Beds
2 Baths
1,568 Sq Ft
$350/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $475,000 $303 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,035/month

Highlights

  • View of Trees or Woods
  • Rambler Architecture
  • Attic
  • Clubhouse
  • Main Floor Bedroom
  • Sun or Florida Room

About This Home

As of February 2022

One Level Living at it's best! This is an expanded Contemporary Ranch Style home backing to Great Seneca Creek Park. This home has 3 bedrooms and two full bathrooms, custom décor with Marble and Travertine Tile Floors, vaulted ceiling and skylights. Detached 2 Car garage and 2 parking spots in driveway. Enjoy the expansive deck backing to the park, so private and relaxing. Also enjoy all of the amenities Montgomery Village has to offer, such as pool, rec center, playgrounds, basketball court, tennis courts and so much more! Book your showing today!

Last Agent to Sell the Property

Amanda Seebadan

(540) 760-1141 aseebadan@ttrsir.com KW Metro Center Listed on: 11/26/2021

KW Metro Center

Last Buyer's Agent

Vicki Via

(301) 980-3837 vickiviahomes@gmail.com RE/MAX Realty Group

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1972

Lot Details

  • 9,944 Sq Ft Lot
  • Wood Fence
  • Property is zoned R90

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Rambler Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,568 Sq Ft Home
  • Property has 1 Level
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Carpet
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Home Security

  • Surveillance System
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 773
  • Assessor Parcel Number 160900807297

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility, snow removal, trash
  • Montgomery Village HOA, Phone Number (301) 948-0110
  • Stedwick Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,277

Year Built

Built in 1972

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: No Stairs
  • Ownership: Fee Simple
  • Exclusions: Please see inclusion/exclusion form
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Please see inclusion/exclusion form
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-11-26
  • Year Built: 1972
  • Automatically Close On Close Date: Yes
  • Remarks Public: One Level Living at it's best! This is an expanded Contemporary Ranch Style home backing to Great Seneca Creek Park. This home has 3 bedrooms and two full bathrooms, custom décor with Marble and Travertine Tile Floors, vaulted ceiling and skylights. Detached 2 Car garage and 2 parking spots in driveway. Enjoy the expansive deck backing to the park, so private and relaxing. Also enjoy all of the amenities Montgomery Village has to offer, such as pool, rec center, playgrounds, basketball court, tennis courts and so much more! Book your showing today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven - Single, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Carpet, Dining Area, Entry Level Bedroom, Recessed Lighting, Skylight(s), Soaking Tub, Walk-In Closet(s)
  • Fireplace Features: Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1, Sun/Florida Room, Bathroom 1, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1568
  • Living Area Sq Ft: 1568
  • Price Per Sq Ft: 302.93
  • Above Grade Finished Sq Ft: 1568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10509

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • View: Park/Greenbelt, 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 376.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Jog/Walk Path, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA Name: MONTGOMERY VILLAGE
  • HOA Phone: (301) 948-0110
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Wood
  • Improvement Assessed Value: 142900.00
  • Land Assessed Value: 194100.00
  • Land Use Code: R
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9944.00
  • Year Assessed: 2021
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13807429
  • Tax Annual Amount: 4277.00
  • Assessor Parcel Number: 160900807297
  • Tax Lot: 773
  • Tax Total Finished Sq Ft: 1568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/25/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Feb 25, 2022
Sold by
David Segovia
Bought by
Keys-Mebane David
Seller's Agent
Amanda Seebadan
KW Metro Center
Buyer's Agent
Vicki Via
RE/MAX Realty Group
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$548,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,944
Avg. Annual Appreciation
4.02%
Original Mortgage
$475,000
Outstanding Balance
$443,803
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$105,141

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 11, 2019
Sold by
Morfit Van and Morfit Susan W
Bought by
Segovia David and Stroyeck Lauren
Seller's Agent
Rebecca Lewis
Coldwell Banker Realty
Buyer's Agent
Lisa Sabelhaus
RE/MAX Town Center
List Price
$398,900
Sold Price
$414,000
Premium/Discount to List
$15,100
3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$393,300
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2003
Sold by
Birmingham Joseph L and Birmingham C G
Bought by
Morfit Van and Morfit Susan W
Source: Public Records

Range of Values:

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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
Keys-Mebane David $475,000 First American Title
Segovia David $414,000 Gemini Title & Escrow Llc
Morfit Van $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keys-Mebane David $475,000
Previous Owner Segovia David $393,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $475,000 0.0% $303 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $475,000 0.0% $303 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $475,000 +14.7% $303 / Sq Ft
07/15/2019 07/15/19 Sold $414,000 +3.8% $264 / Sq Ft View Prior Sale
06/22/2019 06/22/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $398,900 -- $254 / 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 $447 $438,067 -- --
2024 $447 $415,133 $0 $0
2023 $419 $392,200 $194,100 $198,100
2022 $408 $373,800 $0 $0
2021 $3,585 $355,400 $0 $0
2020 $3,356 $337,000 $194,100 $142,900
2019 $3,342 $337,000 $194,100 $142,900
2018 $3,340 $337,000 $194,100 $142,900
2017 $3,329 $339,400 $0 $0
2016 -- $323,467 $0 $0
2015 $3,522 $307,533 $0 $0
2014 $3,522 $291,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2023616

Bright MLS

APN: 09-00807297