NOT LISTED FOR SALE

8525 Damascus Rd Damascus, MD 20872

Estimated Value: $438,000 - $519,000

4 Beds
2 Baths
1,656 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $399,900 $241 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,954/month

87 Days on Market

Highlights

  • Pasture Views
  • Traditional Floor Plan
  • Farmhouse Style Home
  • Damascus Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2023

Come check out this farm house sitting on an acre of land in a fantastic location. Newer galley kitchen with beautiful pastoral views out the kitchen windows and doors. Spacious living room with adjacent paneled home office. Main level full bath with laundry room included. Back porch features nice private view of the back yard and the fields beyond. Three car garage with heat and AC to store all your toys or place to work on your hobbies. Long driveway and lots of parking for guest. No HOA, close to commuter routes, conveniently located to downtown Damascus with Starbucks, grocery stores, restaurants, and the gym.

Last Agent to Sell the Property

Patrick Mayo

(301) 461-7045 patdmayo@gmail.com RE/MAX Realty Centre, Inc. Listed on: 10/03/2022

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Jeremias Soza

(240) 481-9244 soza24@yahoo.com Argent Realty, LLC

Argent Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1916

Lot Details

  • 0.98 Acre Lot
  • Rural Setting
  • Open Lot
  • Cleared Lot
  • Back Yard
  • Property is in good condition
  • Property is zoned AR

Parking

  • 3 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Property Views

  • Pasture
  • Garden

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Plaster Walls
  • Wood Walls
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • Property has 3 Levels
  • Traditional Floor Plan
  • Double Pane Windows
  • Dining Area
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior and Side Basement Entry

Utilities

  • Central Air
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Damascus Outside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161200925170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1916

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-10-03
  • Federal Flood Zone: No
  • Year Built: 1916
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Traditional, Store/Office, Wood Floors
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls, Wood Walls
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Interior Access, Outside Entrance, Poured Concrete, Side Entrance, Unfinished, Walkout Stairs
  • Laundry Type: Main Floor
  • Total Sq Ft: 1656
  • Living Area Sq Ft: 1656
  • Price Per Sq Ft: 241.49
  • Above Grade Finished Sq Ft: 1656
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Frame
  • Roof: Asphalt
  • View: Pasture, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Side Entry, Garage - Front Entry
  • Number Of Detached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Detached Garage, Off Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Oil
  • Heating Type: Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 92100.00
  • Land Assessed Value: 219500.00
  • Lot Features: Cleared, Rural, Open, Rear Yard
  • Lot Size Acres: 0.98
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 42688.00
  • Property Condition: Good
  • Zoning: AR
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13994654
  • Tax Annual Amount: 3780.00
  • Assessor Parcel Number: 161200925170
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Mar 29, 2023
Sold by
Lake Charles E
Bought by
Ramirez Jose Manuel Monto and Reyes Nelis Perez
Seller's Agent
Patrick Mayo
RE/MAX Realty Centre, Inc.
Buyer's Agent
Jeremias Soza
Argent Realty, LLC
List Price
$399,900
Sold Price
$399,900
Views
286
Current Estimated Value
$502,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,421
Avg. Annual Appreciation
6.58%
Original Mortgage
$319,920
Outstanding Balance
$310,563
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$166,793

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 23, 2015
Sold by
Browning Dale Lloyd and Browning Douglas Day
Bought by
Lake Charles E and Lake Susan E
Seller's Agent
Richard Thompson
RE/MAX Town Center
Buyer's Agent
Lynn Collins
Long & Foster Real Estate, Inc.
List Price
$228,500
Sold Price
$225,000
Premium/Discount to List
-$3,500
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Mar 17, 1999
Sold by
D K and M Browning L
Bought by
Kathleen D Browning
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
Ramirez Jose Manuel Monto $399,900 Old Republic National Title
Ramirez Jose Manuel Monto $399,900 Old Republic National Title
Lake Charles E $225,000 Fidelity National Title Co
Kathleen D Browning -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jose Manuel Monto $319,920
Closed Ramirez Jose Manuel Monto $319,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $399,900 0.0% $241 / Sq Ft
03/06/2023 03/06/23 For Sale $399,900 0.0% $241 / Sq Ft
02/28/2023 02/28/23 Off Market $399,900 -- --
02/06/2023 02/06/23 For Sale $399,900 0.0% $241 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/20/2022 12/20/22 For Sale $399,900 0.0% $241 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $399,900 -5.9% $241 / Sq Ft
11/01/2022 11/01/22 Price Changed $425,000 -5.6% $257 / Sq Ft
10/14/2022 10/14/22 For Sale $450,000 +12.5% $272 / Sq Ft
10/03/2022 10/03/22 Off Market $399,900 -- --
10/03/2022 10/03/22 For Sale $450,000 +100.0% $272 / Sq Ft
01/23/2015 01/23/15 Sold $225,000 -1.5% $138 / Sq Ft View Prior Sale
12/23/2014 12/23/14 Pending -- -- --
12/18/2014 12/18/14 For Sale $228,500 -- $140 / 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 $4,239 $334,533 -- --
2024 $4,239 $311,600 $219,500 $92,100
2023 $2,035 $300,500 $0 $0
2022 $3,780 $289,400 $0 $0
2021 $3,533 $278,300 $219,500 $58,800
2020 $3,533 $275,633 $0 $0
2019 $3,484 $272,967 $0 $0
2018 $3,400 $270,300 $219,500 $50,800
2017 $3,454 $270,300 $0 $0
2016 -- $270,300 $0 $0
2015 $460 $272,600 $0 $0
2014 $460 $271,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2069106

Bright MLS

APN: 12-00925170