NOT LISTED FOR SALE

7502 Arden Rd Cabin John, MD 20818

Estimated Value: $1,027,000 - $1,368,000

3 Beds
3 Baths
2,736 Sq Ft
$448/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $705,000 $258 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,389/month

4 Days on Market

Highlights

  • Dutch Architecture
  • Traditional Floor Plan
  • No HOA
  • Bannockburn Elementary School Rated A
  • 1 Fireplace
  • Breakfast Area or Nook

About This Home

As of January 2017

GREAT OPPORTUNITY to locate in sought after Cabin John . This home is located on a quiet neighborhood street with a tree lined lot. Excellent candidate for a remodel with huge upside potential.

Last Agent to Sell the Property

Carl Merewitz

(301) 509-5559 carl@paxrealestate.com PAX Real Estate Listed on: 12/05/2016

Last Buyer's Agent

Mohamed Desai

(240) 888-2867 fedezini@hotmail.com Realty Advantage of Maryland LLC

Realty Advantage of Maryland LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,582

Year Built

  • Built in 1978

Lot Details

  • 9,025 Sq Ft Lot
  • Property is in below average condition
  • Property is zoned R90

Home Design

  • Dutch Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Sump Pump
  • Basement Windows

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cabin John Park Subdivision

Listing and Financial Details

  • Tax Lot 6B
  • Assessor Parcel Number 160700482865

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,582

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1978
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Table Space, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Unfinished, Windows, Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 2736
  • Living Area Sq Ft: 2736
  • Price Per Sq Ft: 411.13
  • Above Grade Finished Sq Ft: 1824
  • Below Grade Finished Sq Ft: 912
  • Total Below Grade Sq Ft: 912
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 373.10
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 94100.00
  • Land Assessed Value: 615500.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9025
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9025.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13865150
  • Tax Annual Amount: 8582.42
  • Assessor Parcel Number: 160700482865
  • Tax Lot: 6B
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jan 13, 2017
Sold by
Purdy Melanie R and Purdy William E
Bought by
Karaca Mustafa
Seller's Agent
Carl Merewitz
PAX Real Estate
Buyer's Agent
Mohamed Desai
Realty Advantage of Maryland LLC
List Price
$749,900
Sold Price
$705,000
Premium/Discount to List
-$44,900
-5.99%
Current Estimated Value
$1,226,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,800
Avg. Annual Appreciation
6.41%
Original Mortgage
$505,000
Outstanding Balance
$418,521
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$808,279

Purchase Details

Closed on
May 7, 1999
Sold by
Lantz Amanda L
Bought by
Melanie R R and Melanie Purdy W

Purchase Details

Closed on
Dec 20, 1996
Sold by
Rabner Barbara M
Bought by
Lantz Amanda L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Karaca Mustafa $705,000 Capital Title Ins Agency Inc
Melanie R R $60,000 --
Lantz Amanda L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karaca Mustafa $505,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2017 01/13/17 Sold $705,000 -6.0% $258 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $749,900 -- $274 / 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 $11,461 $996,200 $646,200 $350,000
2024 $11,461 $938,000 $0 $0
2023 $11,469 $879,800 $0 $0
2022 $8,968 $821,600 $615,500 $206,100
2021 $8,306 $795,967 $0 $0
2020 $8,306 $770,333 $0 $0
2019 $7,988 $744,700 $615,500 $129,200
2018 $7,843 $733,000 $0 $0
2017 $7,847 $721,300 $0 $0
2016 -- $709,600 $0 $0
2015 $6,856 $670,833 $0 $0
2014 $6,856 $632,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002474441

Bright MLS

APN: 07-00482865