NOT LISTED FOR SALE

7736 Heritage Farm Dr Montgomery Village, MD 20886

Estimated Value: $537,000 - $556,000

3 Beds
2.5 Baths
2,296 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $275,000 $120 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,485/month

67 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • 1 Fireplace
  • Laytonsville Elementary School Rated A-
  • Deck
  • 3-minute walk to Martin P. Roy Park

About This Home

As of June 2012

REDUCED! Tons of potential! End unit w/ hdwd flrs on main lvl. LR/DR combo, eat-in kit w/ island/breakfast bar, built-ins & access to deck. Master bdrm w/ vaulted ceiling, walk-in closet & bth w/ skylight. Finished walkout LL w/ gas FP. This is a Fannie Mae HomePath property. Purchase for as little as 3% down! Property approved for HomePath Mortgage & Renovation Mortgage Financing. Sold As Is.

Last Agent to Sell the Property

Dimitri Apostolopoulos

Winmar Advisory LLC Listed on: 02/02/2012

Last Buyer's Agent

Sam Ghaderi

Allison James Estates & Homes

Allison James Estates & Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 1994

Lot Details

  • 3,240 Sq Ft Lot
  • 1 Common Wall
  • Property is in below average condition

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 160102964525
  • $298 Front Foot Fee per year

Community Details

Overview

  • Association fees include snow removal, trash
  • Earlington Subdivision, End Unit! Floorplan
  • The community has rules related to parking rules

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,468

Year Built

Built in 1994

Lot Details

0

HOA Fees

$95 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1994
  • Remarks Public: REDUCED! Tons of potential! End unit w/ hdwd flrs on main lvl. LR/DR combo, eat-in kit w/ island/breakfast bar, built-ins & access to deck. Master bdrm w/ vaulted ceiling, walk-in closet & bth w/ skylight. Finished walkout LL w/ gas FP. This is a Fannie Mae HomePath property. Purchase for as little as 3% down! Property approved for HomePath Mortgage & Renovation Mortgage Financing. Sold As Is.
  • Special Assessment Payment: Annually
  • Special Features: 20
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Island, Kitchen - Table Space, Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 7736

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 284.80
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Parking
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 205600.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3240
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3240.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2011
  • Zoning: TS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13791797
  • Tax Annual Amount: 4467.78
  • Assessor Parcel Number: 160102964525
  • Tax Lot: 34
  • Tax Total Finished Sq Ft: 2296
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011
  • Close Date: 06/15/2012

Multi Family

  • Front Foot Fee: 298.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jun 15, 2012
Sold by
Fannie Mae
Bought by
Skervin Althea L
Seller's Agent
Dimitri Apostolopoulos
Winmar Advisory LLC
Buyer's Agent
Sam Ghaderi
Allison James Estates & Homes
List Price
$344,900
Sold Price
$275,000
Premium/Discount to List
-$69,900
-20.27%
Current Estimated Value
$544,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,186
Avg. Annual Appreciation
5.30%
Original Mortgage
$287,496
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2011
Sold by
Kim Jane
Bought by
Kim Jane

Purchase Details

Closed on
Jul 21, 2010
Sold by
Kim Jane
Bought by
Kim Jane

Purchase Details

Closed on
Aug 31, 2004
Sold by
Jeffery Finis B and Jeffery D
Bought by
Kim Jane

Purchase Details

Closed on
Nov 15, 1999
Sold by
Saba Elaine M
Bought by
Jeffery Finis B and Jeffery D

Purchase Details

Closed on
Sep 16, 1994
Sold by
Kettler Forlines Inc
Bought by
Saba Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,900
Interest Rate
8.38%

Purchase Details

Closed on
Mar 18, 1994
Sold by
Kettler Bros Inc
Bought by
Kettler Forlines Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Skervin Althea L $275,000 Fatic
Kim Jane $494,000 --
Federal National Mortgage Association $494,000 --
Kim Jane $494,000 --
Federal National Mortgage Association $494,000 --
Kim Jane $366,000 --
Kim Jane $366,000 --
Jeffery Finis B $200,000 --
Saba Elaine M $209,980 --
Kettler Forlines Inc $440,891 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skervin Althea L $42,200
Open Skervin Althea L $324,100
Closed Skervin Althea L $328,652
Closed Skervin Althea L $83,709
Closed Skervin Althea L $287,496
Previous Owner Kim Jane $417,000
Previous Owner Kim Jane $30,000
Previous Owner Kim Jane $349,600
Previous Owner Kim Jane $70,000
Previous Owner Kettler Forlines Inc $167,900
Previous Owner Kettler Forlines Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $275,000 -12.7% $120 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/25/2012 03/25/12 Price Changed $314,999 -8.7% $137 / Sq Ft
02/02/2012 02/02/12 For Sale $344,900 -- $150 / 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 $5,100 $448,933 -- --
2024 $5,100 $410,067 $0 $0
2023 $4,633 $371,200 $150,000 $221,200
2022 $2,958 $367,033 $0 $0
2021 $1,960 $362,867 $0 $0
2020 $8,468 $358,700 $150,000 $208,700
2019 $4,197 $356,500 $0 $0
2018 $4,171 $354,300 $0 $0
2017 $4,077 $352,100 $0 $0
2016 $4,468 $332,467 $0 $0
2015 $4,468 $312,833 $0 $0
2014 $4,468 $293,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003838296

Bright MLS

APN: 01-02964525