NOT LISTED FOR SALE

20225 Grazing Way Montgomery Village, MD 20886

Estimated Value: $383,000 - $409,000

3 Beds
3 Baths
1,496 Sq Ft
$266/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $185,000 $124 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,450/month

90 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Tennis Courts
  • Wood Flooring
  • Community Pool
  • Jogging Path

About This Home

As of October 2013

Gleaming hardwoods greet you & continue throughout the main level of this townhome with 3 large bedrooms, a separate dining room, newer windows, full finished basement, a fireplace, ceiling fans and private deck, all adjacent to green space and wooded area! This home comes with all the amenities of Montgomery Village and is close to plenty of shopping and commuter routes toward D.C. & Frederick!

Last Agent to Sell the Property

Neal Greene

(703) 802-8200 neal@nealgreene.com AveryHess, REALTORS Listed on: 05/10/2013

Last Buyer's Agent

Felicia Tukpeyi

(301) 758-8716 felimag2005@yahoo.com RE/MAX Realty Group

RE/MAX Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 1982

Lot Details

  • 1,276 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,496 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 231
  • Assessor Parcel Number 160901550577

Community Details

Overview

  • Association fees include road maintenance, sewer
  • Building Winterized
  • Overlea Subdivision
  • The community has rules related to alterations or architectural changes

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,136

Year Built

Built in 1982

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1982
  • Building Winterized: Yes
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1496
  • Living Area Sq Ft: 1496
  • Price Per Sq Ft: 140.37
  • Above Grade Finished Sq Ft: 1496
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 57.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Restrictions
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 73700.00
  • Land Assessed Value: 96000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1276
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1276.00
  • Property Condition: Very Good
  • Zoning: TS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13947077
  • Tax Annual Amount: 2136.47
  • Assessor Parcel Number: 160901550577
  • Tax Lot: 231
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Sep 30, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Sakyi Afful Charles and Owusu Ansah Vera
Seller's Agent
Neal Greene
AveryHess, REALTORS
Buyer's Agent
Felicia Tukpeyi
RE/MAX Realty Group
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Current Estimated Value
$397,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,231
Avg. Annual Appreciation
6.48%
Original Mortgage
$182,880
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2013
Sold by
Segovia Gladis M and Wells Fargo Bnak Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jan 14, 2002
Sold by
Eurotas Dominique
Bought by
Segovia Gladis

Purchase Details

Closed on
Apr 19, 1996
Sold by
B Joseph B and B Sabelhaus N
Bought by
Eurotas Dominique
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sakyi Afful Charles $185,000 First American Title Ins Co
The Secretary Of Housing & Urban Develop $364,102 None Available
Segovia Gladis $153,500 --
Eurotas Dominique $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakyi Afful Charles $182,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $185,000 -11.9% $124 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $210,000 0.0% $140 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $210,000 -- $140 / 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 $3,609 $310,000 -- --
2024 $3,609 $282,600 $0 $0
2023 $2,583 $255,200 $105,000 $150,200
2022 $2,054 $254,800 $0 $0
2021 $2,368 $254,400 $0 $0
2020 $1,857 $254,000 $120,000 $134,000
2019 $1,820 $246,833 $0 $0
2018 $2,195 $239,667 $0 $0
2017 $2,088 $232,500 $0 $0
2016 -- $211,567 $0 $0
2015 $1,993 $190,633 $0 $0
2014 $1,993 $169,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003508584

Bright MLS

APN: 09-01550577