NOT LISTED FOR SALE

24508 Ridge Rd Damascus, MD 20872

Estimated Value: $1,206,000 - $1,909,000

-- Bed
5 Baths
5,532 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 24508 Ridge Rd, Damascus, MD 20872 and is currently estimated at $1,498,011, approximately $270 per square foot. 24508 Ridge Rd is a home located in Montgomery County with nearby schools including Lois P. Rockwell Elementary School, John T. Baker Middle School, and Damascus High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2006
Sold by
Park Place Development Llp
Bought by
Conversano Andrew B and Conversano Susan W
Current Estimated Value
$1,498,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$577,469
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$920,542

Purchase Details

Closed on
Mar 29, 2006
Sold by
Park Place Development Llp
Bought by
Conversano Andrew B and Conversano Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$577,469
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$920,542
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Conversano Andrew B $435,000 --
Conversano Andrew B $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conversano Andrew B $950,000
Closed Conversano Andrew B $950,000
Source: Public Records

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 $12,863 $1,185,733 -- --
2024 $12,863 $1,054,800 $218,900 $835,900
2023 $11,277 $980,533 $0 $0
2022 $9,955 $906,267 $0 $0
2021 $9,032 $832,000 $218,900 $613,100
2020 $9,032 $832,000 $218,900 $613,100
2019 $3,101 $832,000 $218,900 $613,100
2018 $9,787 $901,700 $218,900 $682,800
2017 $9,881 $893,833 $0 $0
2016 -- $885,967 $0 $0
2015 $10,048 $878,100 $0 $0
2014 $10,048 $878,100 $0 $0
Source: Public Records

Map

Maryland Montgomery County Damascus 20872

24508 Ridge Rd, Damascus, MD

This home is located at 24508 Ridge Rd, Damascus, MD 20872 and is currently estimated at $1,498,011, approximately $270 per square foot. 24508 Ridge Rd is a home located in Montgomery County with nearby schools including Lois P. Rockwell Elementary School, John T. Baker Middle School, and Damascus High.

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