NOT LISTED FOR SALE

10520 Mercado Way Montgomery Village, MD 20886

Estimated Value: $549,000 - $583,101

4 Beds
3 Baths
2,014 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $400,000 $199 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,571/month

Highlights

  • View of Trees or Woods
  • Contemporary Architecture
  • Vaulted Ceiling
  • Deck
  • Property is near a park
  • Backs to Trees or Woods

About This Home

As of July 2019

Beautifully maintained 4 bedroom, and 3 full bath contemporary home in sought after Montgomery Village neighborhood. Large fenced in lot on a cul-de-sac. Huge deck that overlooks common area next to parkland. This home won't last long!

Last Agent to Sell the Property

Alan Haga

(240) 422-1427 alanshaga@gmail.com Charis Realty Group Listed on: 05/28/2019

Charis Realty Group

Last Buyer's Agent

Lanny Newman

(240) 497-1700 lpnewman@att.net Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,286

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Backs To Open Common Area
  • Cul-De-Sac
  • Split Rail Fence
  • Landscaped
  • Extensive Hardscape
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned TS

HOA Fees

  • $123 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Plywood Siding Panel T1-11
  • Active Radon Mitigation

Interior Spaces

  • Property has 2 Levels
  • Bar
  • Vaulted Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Sliding Doors
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Sport Court
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Property is near a park

Listing and Financial Details

  • Tax Lot 743
  • Assessor Parcel Number 160900806943

Community Details

Overview

  • Association fees include pool(s), trash, snow removal
  • Montgomery Village Foundation HOA, Phone Number (301) 948-0110
  • Montgomery Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,286

Year Built

Built in 1972

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Shed
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2019-05-28
  • Federal Flood Zone: No
  • Year Built: 1972
  • Remarks Public: Beautifully maintained 4 bedroom, and 3 full bath contemporary home in sought after Montgomery Village neighborhood. Large fenced in lot on a cul-de-sac. Huge deck that overlooks common area next to parkland. This home won't last long!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Refrigerator, Oven - Single, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Carpet, Hardwood, Ceramic Tile
  • Interior Amenities: Bar, Carpet, Dining Area, Entry Level Bedroom, Primary Bath(s), Wood Floors, Recessed Lighting
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Vaulted Ceilings
  • Foundation Details: Active Radon Mitigation
  • Levels Count: 2
  • Room Count: 13
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Laundry, Mud Room, Bathroom 1, Primary Bathroom
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2304
  • Living Area Sq Ft: 2014
  • Price Per Sq Ft: 340.63
  • Above Grade Finished Sq Ft: 1174
  • Below Grade Finished Sq Ft: 840
  • Below Grade Sq Ft: 290
  • Total Below Grade Sq Ft: 1130
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10520

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: T-1-11
  • Exterior Features: Extensive Hardscape, Outbuilding(s), Sport Court
  • Roof: Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street

Utilities

  • Refuse: 213.26
  • 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
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Natural Gas Available, Phone Connected
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 368.88
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Trash, Snow Removal
  • HOA Name: MONTGOMERY VILLAGE FOUNDATION
  • HOA Phone: 301-948-0110
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Split Rail
  • Improvement Assessed Value: 158000.00
  • Land Assessed Value: 204500.00
  • Land Use Code: 011
  • Lot Features: Backs - Open Common Area, Backs - Parkland, Backs To Trees, Cul-De-Sac, Landscaping
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14766.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: TS
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13939823
  • Tax Annual Amount: 4286.00
  • Assessor Parcel Number: 160900806943
  • Tax Lot: 743
  • Tax Total Finished Sq Ft: 2014
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 07/19/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 19, 2019
Sold by
Greene Jeffrey S and Greene Karen M
Bought by
Newman Lanny S and Newman Patricia M
Seller's Agent
Alan Haga
Charis Realty Group
Buyer's Agent
Lanny Newman
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$569,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,775
Avg. Annual Appreciation
5.80%
Original Mortgage
$360,000
Outstanding Balance
$312,406
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$257,369

Purchase Details

Closed on
Jan 5, 2009
Sold by
Felix Victor M
Bought by
Greene Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 19, 2008
Sold by
Felix Victor M
Bought by
Greene Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 16, 2004
Sold by
Lewis Mark A
Bought by
Felix Victor M

Purchase Details

Closed on
Apr 8, 1998
Sold by
Alan Heath R
Bought by
Lewis Mark A and Liu Jennifer L

Purchase Details

Closed on
Jul 24, 1995
Sold by
Wallace Jay S
Bought by
Heath R A
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
Newman Lanny S $400,000 Sage Title Group Llc
Greene Jeffrey S $390,000 --
Greene Jeffrey S $390,000 --
Felix Victor M $326,000 --
Felix Victor M $326,000 --
Lewis Mark A $183,900 --
Heath R A $180,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Lanny S $360,000
Previous Owner Greene Jeffrey S $290,000
Previous Owner Greene Jeffrey S $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $400,000 0.0% $199 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $399,900 -- $199 / 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 $5,589 $489,333 -- --
2024 $5,589 $446,667 $0 $0
2023 $4,382 $404,000 $204,500 $199,500
2022 $4,012 $389,300 $0 $0
2021 $3,796 $374,600 $0 $0
2020 $3,609 $359,900 $204,500 $155,400
2019 $3,594 $359,900 $204,500 $155,400
2018 $3,593 $359,900 $204,500 $155,400
2017 $3,549 $362,500 $0 $0
2016 $3,458 $342,633 $0 $0
2015 $3,458 $322,767 $0 $0
2014 $3,458 $302,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC660836

Bright MLS

APN: 09-00806943