NOT LISTED FOR SALE

10524 Mercado Way Montgomery Village, MD 20886

Estimated Value: $550,000 - $580,000

3 Beds
3 Baths
2,074 Sq Ft
$274/Sq Ft Est. Value

Last Sold May 19, 2020

Last sale price $414,900 $200 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,575/month

Highlights

  • Panoramic View
  • Lake Privileges
  • Clubhouse
  • Open Floorplan
  • Community Lake
  • Deck

About This Home

As of May 2020

Absolutely gorgeous single-family home on a beautiful private secluded lot located at the end of the street. Quiet, peaceful setting with no thru traffic yet so close to everything. This beautiful home has been lovingly cared for and is in move in condition for the next fortunate family. Stunning remodeled kitchen with new cabinets, quartz counters, luxury vinyl tile floors, stainless steel appliances and walkout to large deck with scenic views of open space and woods. Main level offers an open and airy floor plan with large living/dining room with cathedral ceiling, lots of natural light, ceiling fan and hardwood floors. Beautiful remodeled master bedroom and full bath. Family sized second and third bedrooms. Second remodeled hall bath. Fresh carpet and paint throughout. Finished lower level with den, cozy family room with built-ins and kitchenette with second refrigerator. Convenient full bath. Large Laundry/Utility/storage room. Level walkout from lower level to new slate patio and beautiful fenced backyard. New roof. New hot water heater. Well maintained deck recently re-stained. Upgraded windows and doors all replaced between 2010-2016. Amish-built shed installed in 2018. Added 20x18 attic storage area with pull-down stairs. Hardwood floors refinished. All electrical outlets and switches recently replaced. Highly desirable community with lots of amenities. This home is convenient to shopping, restaurants, school and public transportation. Please see full list of Improvements in online disclosures. Hurry, this rare beauty won't last!

Last Agent to Sell the Property

Michael Winn

(301) 467-5553 mwinn@lnf.com Long & Foster Real Estate, Inc. License #2819 Listed on: 03/28/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Andrea Zasowski

(301) 366-8598 andreaz@lnf.com Long & Foster Real Estate, Inc. License #601314

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • Backs To Open Common Area
  • Split Rail Fence
  • No Through Street
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back, Front, and Side Yard
  • Property is in very good condition
  • Property is zoned R90

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Rambler Architecture
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Replacement Windows
  • Vinyl Clad Windows
  • Sliding Windows
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Laundry in Basement

Parking

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lake Privileges
  • Deck
  • Patio
  • Shed

Schools

  • Stedwick Elementary School
  • Montgomery Village Middle School
  • Watkins Mill High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 742
  • Assessor Parcel Number 160900806932

Community Details

Overview

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

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,012

Year Built

Built in 1972

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Work bench in utility room. Shelving located in utility room and shed.
  • Historic: No
  • Home Warranty: No
  • Inclusions: Large Closet Wardrobe in lower level den.
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer, Icemaker, Disposal, Dishwasher, Oven/Range - Electric, Microwave
  • Flooring Type: Hardwood, Carpet, Laminated, Ceramic Tile
  • Interior Amenities: Attic, Built-Ins, Dining Area, Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open, Combination Dining/Living, Kitchen - Table Space, Pantry, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops
  • Window Features: Double Pane, Energy Efficient, Screens, Replacement, Sliding, Vinyl Clad
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block, Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Basement, Utility Room, Bathroom 2, Primary Bathroom
  • Basement: Yes
  • Basement Type: Walkout Level
  • Laundry Type: Basement, Hookup, Lower Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2348
  • Living Area Sq Ft: 2074
  • Price Per Sq Ft: 353.41
  • Above Grade Finished Sq Ft: 1174
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 274
  • Total Below Grade Sq Ft: 1174
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • View: Scenic Vista, Trees/Woods, Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Previous Twelve Months Electric Expense: 1392.00
  • Electric Service: 200+ Amp Service
  • Gas Avg Month: 83.00
  • Gas Prev12 Months: 996.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Electric Available, Multiple Phone Lines, Water Available, Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 375.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Jog/Walk Path, Lake, Party Room, Picnic Area, Pool - Outdoor, Swimming Pool, Tennis Courts, Tot Lots/Playground, Volleyball Courts, Water/Lake Privileges
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash
  • HOA Name: MONTGOMERY VILLAGE FOUNDATION
  • HOA Phone: 301-948-0110
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: STEDWICK
  • High School: WATKINS MILL
  • Middle Or Junior School: MONTGOMERY VILLAGE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Split Rail
  • Improvement Assessed Value: 133900.00
  • Land Assessed Value: 201200.00
  • Lot Features: Backs - Open Common Area, Backs To Trees, Front Yard, Level, No Thru Street, Open, Premium, Private, Rear Yard, Secluded, Sideyard(s), Sloping, Trees/Wooded
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13220.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: R90
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13892135
  • Tax Annual Amount: 4012.00
  • Assessor Parcel Number: 160900806932
  • Tax Lot: 742
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
May 19, 2020
Sold by
Devries Donald D and Devries Patricia L
Bought by
Chapman Candace and Fernandes Jacquelyn
Seller's Agent
Michael Winn
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrea Zasowski
Long & Foster Real Estate, Inc.
List Price
$414,900
Sold Price
$414,900
Current Estimated Value
$568,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,425
Avg. Annual Appreciation
5.94%
Original Mortgage
$422,160
Outstanding Balance
$374,092
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$194,233

Purchase Details

Closed on
Aug 7, 2007
Sold by
Becker Bradley K
Bought by
Devries Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Becker Bradley K
Bought by
Devries Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2005
Sold by
Becker Richard A Tr
Bought by
Becker Bradley K

Purchase Details

Closed on
Jan 6, 2005
Sold by
Becker Richard A Tr
Bought by
Becker Bradley K

Purchase Details

Closed on
Oct 10, 1996
Sold by
Becker Richard A
Bought by
Richard A Becker Tr
Source: Public Records

Range of Values:

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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
Chapman Candace $414,900 Counselors Title Llc
Devries Donald D $405,000 --
Devries Donald D $405,000 --
Becker Bradley K -- --
Becker Bradley K -- --
Richard A Becker Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Candace $422,160
Previous Owner Devries Donald D $324,000
Previous Owner Devries Donald D $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $414,900 0.0% $200 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $414,900 -- $200 / 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 $5,698 $501,200 -- --
2024 $5,698 $456,100 $0 $0
2023 $5,847 $411,000 $201,200 $209,800
2022 $3,972 $385,700 $0 $0
2021 $3,640 $360,400 $0 $0
2020 $1,668 $335,100 $201,200 $133,900
2019 $3,321 $335,100 $201,200 $133,900
2018 $3,319 $335,100 $201,200 $133,900
2017 $3,279 $337,900 $0 $0
2016 $3,231 $319,167 $0 $0
2015 $3,231 $300,433 $0 $0
2014 $3,231 $281,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC701980

Bright MLS

APN: 09-00806932