NOT LISTED FOR SALE

20533 Zion Rd Gaithersburg, MD 20882

Estimated Value: $304,000

16.7 Acres
$18,204 Price per Acre
727,452 Sq Ft Lot

Last Sold November 22, 2016

Last sale price $505,000 $378 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $1,655/month

Highlights

  • 16.7 Acre Lot
  • Corner Lot
  • No HOA
  • Laytonsville Elementary School Rated A-

About This Lot

As of November 2016

Development Opportunity! Perfect location! Turn this lush 16 acres into small single family home community. Sale is 4 parcels. Zoning is RE2. Located just 35 minutes from the Capital Beltway and 10 minutes from convenience. Drive by is ok. The property is marked with red stakes. This is an estate sale. Please contact the listing agent with any questions. 2 sites perked, 1 Well & Septic, 1 unknown

Last Agent to Sell the Property

Zach Braxton

(443) 315-8040 zbraxton.rebaterealtyusa@gmail.com ExecuHome Realty License #657549 Listed on: 01/30/2016

ExecuHome Realty

Last Buyer's Agent

Kathleen Kluk

(301) 908-0883 kathy.kluk@longandfoster.com Long & Foster Real Estate, Inc. License #39257

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,042

Lot Details

  • 16.7 Acre Lot
  • Corner Lot
  • No Building Permits
  • Property is zoned RE2

Schools

  • Belmont Elementary School
  • Rosa M. Parks Middle School
  • Sherwood High School

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Olney Outside Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160802841583

Property Details

Property Type

Land

Est. Annual Taxes

$5,042

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 0.89

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: BELMONT
  • High School: SHERWOOD
  • Middle Or Junior School: ROSA M. PARKS

Lot Info

  • Improvement Assessed Value: 10700.00
  • Lot Features: Corner
  • Lot Size Acres: 16.70
  • Lot Size Area: 727452
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 727452.00
  • Perc Sites: 3
  • Possible Use: Residential
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13938247
  • Tax Annual Amount: 5041.79
  • Assessor Parcel Number: 160802841583
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Nov 22, 2016
Sold by
Smith June and Dorsey Rj Donald E
Bought by
Our Aldny Of Perprtueal Help Olr and Greaterhe Wasthotn Inc
Seller's Agent
Zach Braxton
ExecuHome Realty
Buyer's Agent
Kathleen Kluk
Long & Foster Real Estate, Inc.
List Price
$650,000
Sold Price
$505,000
Premium/Discount to List
-$145,000
-22.31%
Current Estimated Value
$304,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$201,000
Original Mortgage
$150,000
Outstanding Balance
$120,614
Interest Rate
3.47%
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
Our Aldny Of Perprtueal Help Olr $505,000 Montgomery Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Our Aldny Of Perprtueal Help Olr $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $505,000 -22.3% $378 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $650,000 -- $487 / 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 $764 $442,300 $442,300 --
2024 $764 $435,300 $435,300 $0
2023 $0 $428,300 $0 $0
2022 $669 $421,300 $421,300 $0
2021 $339 $421,300 $421,300 $0
2020 $10,248 $430,800 $421,300 $9,500
2019 $10,248 $431,200 $421,300 $9,900
2018 $4,763 $431,200 $421,300 $9,900
2017 $5,316 $431,200 $0 $0
2016 -- $432,000 $0 $0
2015 $4,509 $423,333 $0 $0
2014 $4,509 $414,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2016

    Zach Braxton

    ExecuHome Realty

    Section Image

  • K

    Buyer's Agent in 2016

    Kathleen Kluk

    Long & Foster

    (301) 908-0883

    1 Total Sale

    Kathleen Kluk
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002399473

Bright MLS

APN: 08-02841583

Maryland Montgomery County Gaithersburg 20833

20533 Zion Rd, Gaithersburg, MD

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