NOT LISTED FOR SALE

Estimated Value: $497,000 - $570,000

1 Acre
$546,955 Price per Acre
43,560 Sq Ft Lot

Last Sold September 04, 2024

Last sale price $550,000 $728 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,373/month

25 Days on Market

About This Lot

As of September 2024

One Acre subdividable lot featuring fruit trees, herbs, berries, and flowers, with a Cottage in need of demolition. Currently Well and Septic, however Public Sewer accessible at the Street. Nestled in the sought-after Washington Grove, renowned as the "Town Within a Forest" - offering a unique small community feel with easy access to city life! Town amenities include a swimming lake, ball fields, walking paths, tennis courts, and forest preserves. Only 2.5 miles to Shady Grove Metro and 7 blocks to Marc Washington Grove Station

Last Agent to Sell the Property

Margaret Ferris

(202) 438-1524 peggy@sellmeahouse.com Compass License #42018 Listed on: 06/20/2024

Compass

Last Buyer's Agent

Jeanette Mitchell

(301) 580-3051 jeanette.mitchell@cbrealty.com Coldwell Banker Realty License #633939

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,422

Lot Details

  • 1 Acre Lot
  • Property is zoned RR-4

Schools

  • Washington Grove Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Washington Grove Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160900777691

Property Details

Property Type

Land

Est. Annual Taxes

$5,422

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: One Acre subdividable lot featuring fruit trees, herbs, berries, and flowers, with a Cottage in need of demolition. Currently Well and Septic, however Public Sewer accessible at the Street. Nestled in the sought-after Washington Grove, renowned as the "Town Within a Forest" - offering a unique small community feel with easy access to city life! Town amenities include a swimming lake, ball fields, walking paths, tennis courts, and forest preserves. Only 2.5 miles to Shady Grove Metro and 7 blocks to Marc Washington Grove Station
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 12.63
  • Street Number Modifier: 330

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 168.07
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WASHINGTON GROVE
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • 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: WASHINGTON GROVE
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 1.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 43560.00
  • Year Assessed: 2024
  • Zoning: RR-4
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5422.00
  • Assessor Parcel Number: 160900777691
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/04/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Sep 4, 2024
Sold by
Lottes John Joseph and Lottes Karen Yaffe
Bought by
Hometown Collection Llc
Seller's Agent
Margaret Ferris
Compass
Buyer's Agent
Jeanette Mitchell
Coldwell Banker Realty
List Price
$550,000
Sold Price
$550,000
Views
13
Current Estimated Value
$546,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,045
Avg. Annual Appreciation
-0.53%
Original Mortgage
$400,000
Outstanding Balance
$395,988
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$150,967

Purchase Details

Closed on
Jun 19, 1997
Sold by
Christopher N Callahan
Bought by
Y John J and Y Lottes K
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
Hometown Collection Llc $550,000 Hutton Patt Title
Hometown Collection Llc $550,000 Hutton Patt Title
Y John J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hometown Collection Limited Li $400,000
Previous Owner Lottes John Joseph $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $550,000 0.0% $728 / Sq Ft
09/04/2024 09/04/24 Sold $550,000 0.0% $728 / Sq Ft
06/20/2024 06/20/24 For Sale $550,000 0.0% $728 / Sq Ft
06/20/2024 06/20/24 For Sale $550,000 -- $728 / 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 $5,513 $411,267 -- --
2024 $5,513 $401,233 $0 $0
2023 $4,730 $391,200 $287,600 $103,600
2022 $4,393 $376,933 $0 $0
2021 $3,961 $362,667 $0 $0
2020 $3,961 $348,400 $246,000 $102,400
2019 $3,967 $348,400 $246,000 $102,400
2018 $4,002 $348,400 $246,000 $102,400
2017 $4,560 $389,700 $0 $0
2016 -- $362,167 $0 $0
2015 $3,913 $334,633 $0 $0
2014 $3,913 $307,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2137390

Bright MLS

APN: 09-00777691