NOT LISTED FOR SALE

4818 Cumberland Ave Chevy Chase, MD 20815

Estimated Value: $2,050,000

0.37 Acre
$5,540,541 Price per Acre
16,255 Sq Ft Lot

Sale Details

Date Sold: September 30, 2016

Last sale price $1,850,000 $936 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,930 / mo

About This Lot

As of September 2016

SPECIAL OPPORTUNITY TO BUILD DREAM HOUSE ON OUTSTANDING LOT IN HEART OF SOMERSET. CALL MARC FLEISHER AT 202-438-4880 WITH ANY QUESTIONS

Last Agent to Sell the Property

Sintia Petrosian

(301) 516-1212 spetrosian@ttrsir.com TTR Sotheby's International Realty License #10401382207 Listed on: 03/23/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Marc Fleisher

(202) 448-9002 marc@fleisherarrowood.com Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,421

Lot Details

  • 16,255 Sq Ft Lot
  • No Building Permits
  • Property is zoned R60

Schools

  • Somerset Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Community Details

  • No Home Owners Association
  • Somerset Heights Subdivision

Listing and Financial Details

  • Tax Lot P17
  • Assessor Parcel Number 160700537132

Property Details

Property Type

Land

Est. Annual Taxes

$14,421

Lot Details

0.37 Acres

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: 113.81

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: SOMERSET
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Improvement Assessed Value: 308600.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 16255
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16255.00
  • Possible Use: Residential
  • Zoning: R60
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13868177
  • Tax Annual Amount: 14420.63
  • Assessor Parcel Number: 160700537132
  • Tax Lot: P17
  • 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
Mar 23, 2016
Closed on
Sep 20, 2016
Sold by
Rowe Geoffrey and Rowe Stephanie
Bought by
Mccamy Mary Stuart
Seller's Agent
Sintia Petrosian
TTR Sotheby's International Realty
Buyer's Agent
Marc Fleisher
Compass
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$2,050,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,000
Original Mortgage
$1,000,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 8, 2016
Sold by
Rowe Geoffrey
Bought by
Rowe Stephanie and Rowe Geoffrey
Source: Public Records
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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
Mccamy Mary Stuart $1,850,000 Fidelity Natl Title Ins Co
Rowe Stephanie -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccamy Mary Stuart $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $1,850,000 0.0% $936 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,850,000 -- $936 / Sq Ft
Source: Bright MLS

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 -- $1,480,700 $1,086,200 $394,500
2023 $29,979 $1,399,533 $0 $0
2022 $28,268 $1,318,367 $0 $0
2021 $27,639 $1,237,200 $1,034,300 $202,900
2020 $27,639 $1,226,267 $0 $0
2017 $15,523 $1,262,667 $0 $0
2016 -- $1,231,633 $0 $0
2015 -- $1,200,600 $0 $0
2014 -- $1,156,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002412849

Bright MLS

APN: 07-00537132

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