NOT LISTED FOR SALE

13406 Chestnut Oak Dr Gaithersburg, MD 20878

Estimated Value: $1,163,000 - $1,438,438

1.9 Acres
$698,084 Price per Acre
82,764 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $245,000

Est. 462% increase in value since last sale

Current estimated payment $8,586/month

496 Days on Market

About This Lot

As of October 2019

Lot/Land for Sale! 1.90 Acres in Ancient Oak Community. Zoned for residential use and surrounded by other single family homes. Public water main access and approved percolation test. Prime location off Darnestown Rd. Minutes to commuter routes, shops, restaurants, schools, and public transit.

Last Agent to Sell the Property

Nathan Dart

RE/MAX Realty Group License #514678 Listed on: 04/17/2018

RE/MAX Realty Group

Last Buyer's Agent

LAKUNLE LASEBIKAN

HomeSmart

HomeSmart

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,179

Lot Details

  • 1.9 Acre Lot
  • Property is zoned R200

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Ancient Oak Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 160603780478

Property Details

Property Type

Land

Est. Annual Taxes

$3,179

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Lot/Land for Sale! 1.90 Acres in Ancient Oak Community. Zoned for residential use and surrounded by other single family homes. Public water main access and approved percolation test. Prime location off Darnestown Rd. Minutes to commuter routes, shops, restaurants, schools, and public transit.
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 3.27
  • Street Number Modifier: 13406

Exterior Features

  • 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: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 1.90
  • Lot Size Area: 82633
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 82633.00
  • Possible Use: Residential
  • Year Assessed: 2018
  • Zoning: R200
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125271
  • Tax Annual Amount: 3179.33
  • Assessor Parcel Number: 160603780478
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 10/18/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 18, 2019
Sold by
Huang Jing W
Bought by
Lasebikan Lakunle and Lasebikan Ijeoma
Seller's Agent
Nathan Dart
RE/MAX Realty Group
Buyer's Agent
LAKUNLE LASEBIKAN
HomeSmart
List Price
$325,000
Sold Price
$245,000
Premium/Discount to List
-$80,000
-24.62%
Current Estimated Value
$1,378,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,133,115
Avg. Annual Appreciation
33.67%
Original Mortgage
$790,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lasebikan Lakunle $245,000 True Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lasebikan Lakunle $240,000
Open Lasebikan Lakunle $800,000
Previous Owner Lasebikan Lakunle $790,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $245,000 -9.3% --
08/26/2019 08/26/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $270,000 -16.9% --
04/17/2018 04/17/18 For Sale $325,000 -- --
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 $12,490 $1,073,567 -- --
2024 $12,490 $1,022,800 $302,000 $720,800
2023 $11,466 $994,667 $0 $0
2022 $10,666 $966,533 $0 $0
2021 $20,969 $938,400 $287,800 $650,600
2020 $3,175 $287,800 $287,800 $0
2019 $3,174 $287,800 $287,800 $0
2018 $3,179 $287,800 $287,800 $0
2017 $3,297 $287,800 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000409114

Bright MLS

APN: 06-03780478