NOT LISTED FOR SALE

12120 Prices Distillery Rd Damascus, MD 20872

Estimated Value: $585,561

32.69 Acres
$17,913 Price per Acre
1,423,976 Sq Ft Lot

Last Sold November 21, 2019

Last sale price $425,000

Est. 38% increase in value since last sale

Current estimated payment $3,102/month

56 Days on Market

About This Lot

As of November 2019

Great AG property allowing for many uses. Large 7,200 SF pre-engineered storage bldg. with approx. 20' ceiling height. Large barn approx. 40' x 65' with basement for storage. Basement large enough to store multiple vehicles. There is electricity in the barn. Additional storage buildings could be added. Traditional Ag uses, horse boarding, farming, other uses may be possible. Adjacent to Little Bennett park. Cross-listed under Farm MLS# MDMC673288Well & septic allowable, albeit NO RESIDENCE EXISTS, NOR CAN BE BUILT.

Last Agent to Sell the Property

Chad Tyler

(301) 428-0705 chad@tylerco.com Tyler Duncan Realty Partners, Inc. Listed on: 08/01/2019

Co-Listed By

Andrew Borsa

(240) 315-3103 aborsa@scheerpartners.com Tyler Duncan Realty Partners, Inc. License #667628

Last Buyer's Agent

Margaret Dawson

(301) 785-0047 mags.dawson@gmail.com RE/MAX Plus License #RSR004609

RE/MAX Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $219

Lot Details

  • 32.69 Acre Lot
  • Property is zoned AR

Farming

  • Farm Land Preservation

Utilities

  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160203674207

Property Details

Property Type

Land

Est. Annual Taxes

$219

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Agriculture
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.33

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System, No Sewer System
  • Utilities: Electric Available

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 3600.00
  • Lot Size Acres: 32.69
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1423976.00
  • Zoning: AR
  • Farmland Preservation: Yes
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14115196
  • Tax Annual Amount: 219.00
  • Assessor Parcel Number: 160203674207
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Nov 21, 2019
Sold by
Yates Mark S
Bought by
Chapingo Investments Llc
Seller's Agent
Chad Tyler
Tyler Duncan Realty Partners, Inc.
Buyer's Agent
Margaret Dawson
RE/MAX Plus
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$585,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,561
Avg. Annual Appreciation
5.48%
Original Mortgage
$305,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2010
Sold by
Leishear Chester M
Bought by
Yates Mark S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chapingo Investments Llc $425,000 Covenant Title & Escrow Llc
Yates Mark S $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapingo Investments Llc $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $425,000 -10.5% --
09/26/2019 09/26/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $475,000 -- --
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 $229 $19,900 $16,300 $3,600
2024 $229 $19,900 $16,300 $3,600
2023 $229 $19,900 $16,300 $3,600
2022 $220 $19,900 $16,300 $3,600
2021 $0 $19,900 $16,300 $3,600
2020 $219 $19,900 $16,300 $3,600
2019 $219 $19,900 $16,300 $3,600
2018 $220 $19,900 $16,300 $3,600
2017 $229 $19,900 $0 $0
2016 -- $19,900 $0 $0
2015 -- $19,900 $0 $0
2014 -- $19,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Tyler

    Seller's Agent in 2019

    Chad Tyler

    Tyler Duncan Realty Partners, Inc.

    (301) 428-0705

    21 Total Sales

    Chad Tyler
    Section Image
  • Andrew Borsa

    Seller Co-Listing Agent in 2019

    Andrew Borsa

    Tyler Duncan Realty Partners, Inc.

    (240) 315-3103

    3 Total Sales

    Andrew Borsa
    Section Image
  • Margaret Dawson

    Buyer's Agent in 2019

    Margaret Dawson

    RE/MAX

    (301) 785-0047

    21 Total Sales

    Margaret Dawson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC672278

Bright MLS

APN: 02-03674207

Maryland Montgomery County Damascus 20871

12120 Prices Distillery Rd, Damascus, MD

Not Listed for Sale

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