NOT LISTED FOR SALE

16440 Batson Rd Spencerville, MD 20868

Estimated Value: $392,000 - $714,000

8 Acres
$57,403 Price per Acre
361,984 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $370,000

Est. 29% increase in value since last sale

Current estimated payment $2,826/month

234 Days on Market

About This Lot

As of January 2024

Approved percolation "perc"! Come and build your dream home on this beautiful huge 8.31 acres lot in Montgomery county, with subdivision approval. Net buildable area about 2 acres. The subdivision approval includes a 7500 sq-ft residential building, tennis court, swimming pool, greenhouse / gardening area. About 30 minutes away from Baltimore and Washington DC, minutes away from I-95, I-29 and ICC-200, but without noise. Lot set on a very private upscale dead-end street. No HOA. See MDMC2092340.

Last Listed By

Roma Elhabashy

The Blackstone Real Estate LLC Listed on: 04/24/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,081

Lot Details

  • 8.31 Acre Lot
  • Property is zoned RC

Additional Features

  • Farm Land Preservation
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 160500270372

Property Details

Property Type

Land

Est. Annual Taxes

$2,081

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.04
  • Street Number Modifier: 16440

Exterior Features

  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 8.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 361984.00
  • Year Assessed: 2023
  • Zoning: RC
  • Farmland Preservation: Yes
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2081.00
  • Assessor Parcel Number: 160500270372
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/19/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jan 19, 2024
Sold by
Malash Ayman M
Bought by
Slabaugh Tobias Lee and Gollnick Slabaugh Emily
Seller's Agent
Roma Elhabashy
The Blackstone Real Estate LLC
Buyer's Agent
Ellen McKinzie
CENTURY 21 New Millennium
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%
Total Days on Market
234
Views
354
Current Estimated Value
$477,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,023
Avg. Annual Appreciation
21.58%
Original Mortgage
$250,000
Outstanding Balance
$237,496
Interest Rate
5.93%
Mortgage Type
New Conventional
Estimated Equity
$239,527

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 10, 2020
Sold by
Ward Mark W and Ward David M
Bought by
Malash Ayman M
Seller's Agent
Tony Zowd
Coldwell Banker Realty
Buyer's Agent
Cher Sorzano
Long & Foster Real Estate, Inc.
List Price
$198,900
Sold Price
$190,000
Premium/Discount to List
-$8,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%

Purchase Details

Closed on
Dec 20, 1995
Sold by
Ural T Ward Et Al Tr
Bought by
Kay S Ward Tr

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
Slabaugh Tobias Lee $370,000 Home First Title
Malash Ayman M $190,000 Crown Title Corporation
Kay S Ward Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slabaugh Tobias Lee $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $370,000 -1.3% --
06/16/2023 06/16/23 Price Changed $375,000 -3.8% --
04/24/2023 04/24/23 For Sale $390,000 +105.3% --
07/10/2020 07/10/20 Sold $190,000 -4.5% --
06/02/2020 06/02/20 For Sale $198,900 +4.7% --
06/01/2020 06/01/20 Off Market $190,000 -- --
06/01/2020 06/01/20 Price Changed $198,900 -9.6% --
07/11/2019 07/11/19 Price Changed $220,000 -26.7% --
06/13/2017 06/13/17 For Sale $300,000 -- --
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
2024 $2,171 $188,600 $188,600 $0
2023 $0 $188,600 $188,600 $0
2022 $2,081 $188,600 $188,600 $0
2021 $2,461 $188,600 $188,600 $0
2020 $2,461 $446,100 $446,100 $0
2019 $3,689 $334,533 $0 $0
2018 $2,463 $222,967 $0 $0
2017 $1,266 $111,400 $0 $0
2016 -- $110,100 $0 $0
2015 $1,212 $108,800 $0 $0
2014 $1,212 $107,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2088476

Bright MLS

APN: 05-00270372