NOT LISTED FOR SALE

12114 Hanson Farm Dr Gaithersburg, MD 20878

Estimated Value: $2,689,000 - $3,413,000

-- Bed
2 Baths
7,150 Sq Ft
$412/Sq Ft Est. Value

About This Home

This home is located at 12114 Hanson Farm Dr, Gaithersburg, MD 20878 and is currently estimated at $2,949,375, approximately $412 per square foot. 12114 Hanson Farm Dr is a home with nearby schools including Travilah Elementary, Robert Frost Middle School, and Thomas S. Wootton High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Toll Md Xi Limited Partnership
Bought by
Rao Tripuramallu Nageswara and Gruha Swamy Lakshmi
Current Estimated Value
$2,949,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,165,508
Outstanding Balance
$2,105,323
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$844,052
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Rao Tripuramallu Nageswara $2,888,414 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Tripuramallu Nageswara $2,165,508
Source: Public Records

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 $24,790 $2,289,233 -- --
2024 $24,790 $2,126,400 $426,700 $1,699,700
2023 $0 $1,952,100 $0 $0
2022 $1,965 $243,800 $243,800 $0
2021 $5,376 $243,800 $243,800 $0
2020 $2,655 $243,800 $243,800 $0
2019 $2,655 $481,533 $0 $0
Source: Public Records

Map

Maryland Montgomery County Gaithersburg 20878

12114 Hanson Farm Dr, Gaithersburg, MD

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