NOT LISTED FOR SALE

Estimated Value: $1,852,000

0.24 Acre
$7,716,667 Price per Acre
10,276 Sq Ft Lot

Last Sold March 30, 2018

Last sale price $1,375,000 $207 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,879/month

10 Days on Market

About This Lot

As of March 2018

FABULOUS OPPORTUNITY TO PURCHASE LOT IN DESIRABLE PHILLIP S PARK. LOT PURCHASE DOES NOT INCLUDE PLANS FOR CUSTOM HOME BY ACCLAIMED SANDY SPRING BUILDERS. CUSTOM HOME DESIGN WOULD BE SUBJECT TO PHILLIP S PARK ARCHITECTURAL REVIEW BOARD APPROVAL AS TO CHOICE OF ARCHITECT OR BUILDER. CALL FOR DETAILS. ONCE IN A LIFETIME OPPORTUNITY.

Last Agent to Sell the Property

Marc Fleisher

Compass Listed on: 02/07/2018

Compass

Last Buyer's Agent

Stephanie White

Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,446

Lot Details

  • 10,276 Sq Ft Lot
  • The property's topography is level
  • No Building Permits To Obtain
  • Property is zoned R-1-A

HOA Fees

  • $388 Monthly HOA Fees

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area maintenance, reserve funds, road maintenance, insurance, management, snow removal, trash
  • Phillips Park Subdivision
  • The community has rules related to alterations or architectural changes, covenants

Listing and Financial Details

  • Tax Lot 853
  • Assessor Parcel Number 1346//0853

Property Details

Property Type

Land

Est. Annual Taxes

$12,446

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: FABULOUS OPPORTUNITY TO PURCHASE LOT IN DESIRABLE PHILLIP S PARK. LOT PURCHASE DOES NOT INCLUDE PLANS FOR CUSTOM HOME BY ACCLAIMED SANDY SPRING BUILDERS. CUSTOM HOME DESIGN WOULD BE SUBJECT TO PHILLIP S PARK ARCHITECTURAL REVIEW BOARD APPROVAL AS TO CHOICE OF ARCHITECT OR BUILDER. CALL FOR DETAILS. ONCE IN A LIFETIME OPPORTUNITY.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 135.75
  • Street Number Modifier: 2154

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: Public Sewer, Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 1165.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Road Maintenance, Insurance, Management, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Covenants, Fencing
  • HOA: Yes

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Area: 10276
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10276.00
  • Possible Use: Residential
  • Soil Types: Urban Land-Sassafras-Chillum
  • Topography: Level
  • Year Assessed: 2017
  • Zoning: R-1-A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16153880
  • Tax Annual Amount: 12446.04
  • Assessor Parcel Number: 1346//0853
  • Tax Lot: 853
  • Tax Year: 2017
  • Close Date: 03/30/2018

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 26, 2018
Sold by
Ssb 2154 Dunmore Llc A Maryland Limited
Bought by
Darvish John
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Stephanie White
Compass
List Price
$1,395,000
Sold Price
$1,375,000
Premium/Discount to List
-$20,000
-1.43%
Current Estimated Value
$1,852,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,000
Avg. Annual Appreciation
1.93%
Original Mortgage
$1,000,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 28, 2017
Sold by
Bethesda Leasing Llc A Maryland Limited
Bought by
Ssb 2154 Dunmore Llc A Maryland Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2017
Sold by
Smith Benjaminp and Ppl34 Llc
Bought by
Bethesda Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
3.86%
Mortgage Type
Commercial
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
Darvish John $1,375,000 Kvs Title Llc
Ssb 2154 Dunmore Llc A Maryland Limited $1,200,000 Paragon Title & Escrow Co
Bethesda Leasing Llc $1,145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darvish John $3,918,750
Closed Darvish John $1,000,000
Previous Owner Ssb 2154 Dunmore Llc A Maryland Limited $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $1,375,000 -1.4% $207 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $1,395,000 -- $210 / 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
2024 $15,155 $1,782,970 $1,782,970 $0
2023 $14,352 $1,688,510 $1,688,510 $0
2022 $13,493 $1,587,370 $1,587,370 $0
2021 $13,354 $1,571,110 $1,571,110 $0
2020 $13,147 $1,546,750 $1,546,750 $0
2019 $12,718 $1,496,260 $1,496,260 $0
2018 $12,556 $1,477,150 $0 $0
2017 $12,446 $1,464,240 $0 $0
2016 $10,926 $1,285,370 $0 $0
2015 $10,915 $1,284,100 $0 $0
2014 $8,701 $1,023,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000126054

Bright MLS

APN: 1346-0853