$475,000
SOLD AUG 19, 2024

24321 Ridge Rd Damascus, MD 20872

2 Beds
2.5 Baths
3,220 Sq Ft
0.84 Acres

Recently Sold

$148 Per Sq Ft

8 Days on Market

Highlights

  • 4 Fireplaces
  • No HOA
  • Parking Storage or Cabinetry
  • Lois P. Rockwell Elementary School Rated A
  • 3 Car Detached Garage
  • 1 Attached Carport Space

About This Home

As of August 2024

UNDER CONTRACT-ACCEPTING BACKUP OFFERS ONLY!!! INVESTOR ALERT - HOME SOLD AS-IS; NO REPAIRS MADE BY SELLERS. Excellent rehab potential of this 3,220 finished sq. foot home on almost an acre of land with easy commute to DC and surrounding area. Home has potential for multi-family or multi-generational living. Oversized 3-Car detached garage with lots of parking, perfect for small business or car enthusiast/workshop. Also, perfect for homeowners to bring your ideas and vision to make it your own! Property will not qualify for conventional financing, cash or rehab/renovation loans only.

Last Agent to Sell the Property

Theodore Boone

Taylor Properties License #602813 Listed on: 06/18/2024

Taylor Properties

Last Buyer's Agent

Omar Flores

LPT Realty, LLC License #658363

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,651

Year Built

  • Built in 1961

Lot Details

  • 0.84 Acre Lot
  • Level Lot
  • Property is zoned RE2C

Parking

  • 3 Car Detached Garage
  • 4 Driveway Spaces
  • 1 Attached Carport Space
  • Parking Storage or Cabinetry

Home Design

  • Split Level Home
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Lois P. Rockwell Elementary School
  • John T. Baker Middle School
  • Damascus High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Hot Water Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 161200928993

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,651

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1961
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: UNDER CONTRACT-ACCEPTING BACKUP OFFERS ONLY!!! INVESTOR ALERT - HOME SOLD AS-IS; NO REPAIRS MADE BY SELLERS. Excellent rehab potential of this 3,220 finished sq. foot home on almost an acre of land with easy commute to DC and surrounding area. Home has potential for multi-family or multi-generational living. Oversized 3-Car detached garage with lots of parking, perfect for small business or car enthusiast/workshop. Also, perfect for homeowners to bring your ideas and vision to make it your own! Property will not qualify for conventional financing, cash or rehab/renovation loans only.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 3820
  • Living Area Sq Ft: 3220
  • Price Per Sq Ft: 147.52
  • Above Grade Finished Sq Ft: 3220
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 24321

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Oversized
  • Attached Carport Spaces: 1
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Detached Garage, Attached Carport, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: 90% Forced Air, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LOIS P. ROCKWELL
  • Middle School: JOHN T. BAKER
  • High School: DAMASCUS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: LOIS P. ROCKWELL
  • High School: DAMASCUS
  • Middle Or Junior School: JOHN T. BAKER

Lot Info

  • Land Use Code: R
  • Lot Features: Level
  • Lot Size Acres: 0.84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 36571.00
  • Year Assessed: 2024
  • Zoning: RE2C
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6651.00
  • Assessor Parcel Number: 161200928993
  • Tax Lot: 6
  • Tax Total Finished Sq Ft: 3220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/19/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Aug 19, 2024
Sold by
Boone Theodore A and Ehrenfried James D
Bought by
Romero Alfaro Anibal
Seller's Agent
Theodore Boone
Taylor Properties
Buyer's Agent
Omar Flores
LPT Realty, LLC
List Price
$475,000
Sold Price
$475,000
Views
89
Current Estimated Value
$529,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,553
Avg. Annual Appreciation
11.30%
Original Mortgage
$356,250
Outstanding Balance
$354,125
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$174,002

Purchase Details

Closed on
Jun 7, 2024
Sold by
Deschenes Alain C
Bought by
Boone Theodore A and Ehrenfried James D

Purchase Details

Closed on
Sep 10, 1987
Bought by
Deschenes Alain C and S J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $475,000 Wfg National Title Insurance C
Deed $300,000 Rgs Title
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $79,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $475,000 0.0% $148 / Sq Ft
06/18/2024 06/18/24 For Sale $475,000 -- $148 / 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 $6,346 $552,333 -- --
2024 $6,346 $500,500 $193,200 $307,300
2023 $6,651 $469,833 $0 $0
2022 $4,681 $439,167 $0 $0
2021 $4,251 $408,500 $193,200 $215,300
2020 $4,251 $408,367 $0 $0
2019 $4,231 $408,233 $0 $0
2018 $4,230 $408,100 $193,200 $214,900
2017 $4,063 $385,933 $0 $0
2016 -- $363,767 $0 $0
2015 $3,308 $341,600 $0 $0
2014 $3,308 $341,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2136744

Bright MLS

APN: 12-00928993