NOT LISTED FOR SALE

6602 Seven Locks Rd Cabin John, MD 20818

Estimated Value: $2,030,000 - $2,560,004

0.23 Acre
$9,465,222 Price per Acre
10,145 Sq Ft Lot

Last Sold January 12, 2017

Last sale price $425,000

Est. 410% increase in value since last sale

Current estimated payment $13,624/month

7 Days on Market

About This Lot

As of January 2017

The largest lot left of the three, with over 10,000 SF land area. Building envelope in a private location almost 100' from the street. Whitman cluster! Water and Sewer at the property line. Subdivision plat recorded and utility poles in the process of being removed.

Last Agent to Sell the Property

Sean Moaadel

RE/MAX Town Center Listed on: 12/02/2016

Last Buyer's Agent

Elias Demessie

DMV Realty, INC.

DMV Realty, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,229

Lot Details

  • 10,145 Sq Ft Lot
  • No Building Permits
  • Property is zoned R90

Schools

  • Bannockburn Elementary School
  • Thomas W. Pyle Middle School
  • Walt Whitman High School

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Cabin John Park Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 160702923786

Property Details

Property Type

Land

Est. Annual Taxes

$7,229

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: The largest lot left of the three, with over 10,000 SF land area. Building envelope in a private location almost 100' from the street. Whitman cluster! Water and Sewer at the property line. Subdivision plat recorded and utility poles in the process of being removed.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 42.88
  • Street Number Modifier: 6602

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

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BANNOCKBURN
  • Middle School: THOMAS W. PYLE
  • High School: WALT WHITMAN
  • School District Key: 121138126809
  • Elementary School: BANNOCKBURN
  • High School: WALT WHITMAN
  • Middle Or Junior School: THOMAS W. PYLE

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Area: 10145
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10145.00
  • Possible Use: Residential
  • Year Assessed: 2016
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13894390
  • Tax Annual Amount: 7229.03
  • Assessor Parcel Number: 160702923786
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/12/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2016
Closed on
Jan 12, 2017
Sold by
Waksmunski John A and Waksmunski Paul M
Bought by
Demesie Elias and Deresso Freihwot
Seller's Agent
Sean Moaadel
RE/MAX Town Center
Buyer's Agent
Elias Demessie
DMV Realty, INC.
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Current Estimated Value
$2,167,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,742,560
Avg. Annual Appreciation
21.91%
Original Mortgage
$255,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 2014
Sold by
Waksmunski Alice W
Bought by
Waksmunski Alice W and John A Waksmunski Sr Md Qtip Trust
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
Demesie Elias $425,000 Citizens Title Group Llc
Waksmunski Alice W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deresso Frehwot $931,000
Closed Demessi Elias $940,000
Closed Deresso Frehiwot $940,000
Closed Demessie Elias $830,000
Closed Demesie Elias $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $425,000 -2.3% --
12/09/2016 12/09/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $435,000 -- --
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 $19,830 $1,670,867 $0 $0
2023 $17,923 $1,565,533 $0 $0
2022 $15,955 $1,460,200 $628,500 $831,700
2021 $15,264 $1,433,033 $0 $0
2020 $15,264 $1,405,867 $0 $0
2019 $6,238 $628,500 $628,500 $0
2018 $6,251 $628,500 $628,500 $0
2017 $7,229 $628,500 $0 $0
2016 -- $628,500 $0 $0
2015 $5,387 $586,667 $0 $0
2014 $5,387 $544,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002473727

Bright MLS

APN: 07-02923786