NOT LISTED FOR SALE

Estimated Value: $1,913,000 - $2,524,000

0.82 Acre
$2,705,488 Price per Acre
35,719 Sq Ft Lot

Last Sold December 04, 2015

Last sale price $1,325,000 $410 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $13,764/month

About This Lot

As of December 2015

Huge .8+ acre lot in Burning Tree - existing home could be renovated or torn down. On quiet street with cul-de-sac. Build with Sandy Spring Builders or use your own builder. Home prices start at $1.2M. Public utilities available including gas and no impact fees as there is an existing home. Call for additional details!

Last Agent to Sell the Property

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 09/20/2015

Compass

Last Buyer's Agent

Jane Fairweather

(240) 223-4663 jane@janefairweather.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,013

Lot Details

  • 0.82 Acre Lot

Community Details

  • No Home Owners Association
  • Burning Tree Valley Subdivision

Listing and Financial Details

  • Tax Lot P4
  • Assessor Parcel Number 160700653301

Property Details

Property Type

Land

Est. Annual Taxes

$12,013

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: Huge .8+ acre lot in Burning Tree - existing home could be renovated or torn down. On quiet street with cul-de-sac. Build with Sandy Spring Builders or use your own builder. Home prices start at $1.2M. Public utilities available including gas and no impact fees as there is an existing home. Call for additional details!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 38.97
  • Street Number Modifier: 8510

Exterior Features

  • Road Surface Type: Black Top
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 302.66
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 296400.00
  • Lot Size Acres: 0.82
  • Lot Size Area: 35860
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 35860.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: R

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13875562
  • Tax Annual Amount: 12012.93
  • Assessor Parcel Number: 160700653301
  • Tax Lot: P4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/04/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2015
Closed on
Dec 4, 2015
Sold by
Ssb 8510 Beech Tree Llc
Bought by
Lee David and Lee Jocelyn
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Jane Fairweather
Long & Foster Real Estate, Inc.
List Price
$1,397,500
Sold Price
$1,325,000
Premium/Discount to List
-$72,500
-5.19%
Current Estimated Value
$2,218,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,500
Avg. Annual Appreciation
5.35%
Original Mortgage
$1,999,999
Outstanding Balance
$1,548,444
Interest Rate
2.85%
Mortgage Type
Construction
Estimated Equity
$670,056

Purchase Details

Closed on
Jun 13, 2015
Sold by
Salpeter Howard L and Sussman Marsha
Bought by
Ssb 8510 Beech Tree Llc

Purchase Details

Closed on
May 24, 1990
Bought by
Salpeter Howard L
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
Lee David $1,325,000 Fidelity Natl Title Ins Co
Ssb 8510 Beech Tree Llc $1,265,000 Fidelity Natl Title Ins Co
Salpeter Howard L $569,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee David $1,999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2015 12/04/15 Sold $1,325,000 -5.2% $410 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/20/2015 09/20/15 For Sale $1,397,500 -- $432 / 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
2024 -- $957,200 $957,200 $0
2023 $24,447 $942,000 $0 $0
2022 $7,470 $926,800 $0 $0
2021 -- $911,600 $911,600 $0
2020 $0 $901,933 $0 $0
2017 $13,002 $832,200 $0 $0
2016 -- $1,104,067 $0 $0
2015 -- $1,056,800 $0 $0
2014 -- $1,037,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002376037

Bright MLS

APN: 07-00653301