NOT LISTED FOR SALE

9 Summit Ridge Ct Germantown, MD 20874

Estimated Value: $704,000 - $735,000

4 Beds
4 Baths
2,381 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $450,000 $189 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,411/month

About This Home

As of December 2018

HUGE REDUCTION! PRICED TO SELL! BEAUTIFUL COLONIAL WITH 4 BEDROOMS, 3 1/2 BATHS, 2 CAR GARAGE, DECK, FINISHED BASEMENT. THE ROOF IS 5 YEARS OLD. ADD YOUR PERSONAL TOUCHES AND MAKE IT HOME. THIS LOVELY HOME IN GERMANTOWN STATION IS NESTLED IN A CUL-DE-SAC CLOSE TO I-270, SHOPPING CENTERS, THE MARC TRAIN AND PUBLIC TRANSPORTATION. MOVE IN READY WAITING FOR YOU!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Khan Arshad M
Bought by
Khan Arshad Mahmood and Khan Zaitoon Arshad
Current Estimated Value
$715,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$177,888
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$537,970

Purchase Details

Listed on
Jul 14, 2018
Closed on
Dec 10, 2018
Sold by
Williams Myron K and The Estate Of Leon Bobo Jr
Bought by
Khan Arshad M
Seller's Agent
Helena Ashton
Samson Properties
Buyer's Agent
Asif Khan
Primetime Realty Homes
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$270,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 1997
Sold by
Shelton Blitz Et Al Tr
Bought by
Leon Bobo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khan Arshad Mahmood -- First Class Title Inc
Khan Arshad M $450,000 Cardinal Title Group Llc
Leon Bobo $227,690 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Arshad Mahmood $200,000
Closed Khan Arshad Mahmood $200,000
Closed Khan Arshad M $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2018 12/10/18 Sold $450,000 -4.3% $189 / Sq Ft View Prior Sale
10/30/2018 10/30/18 Price Changed $470,000 -5.1% $197 / Sq Ft
10/15/2018 10/15/18 For Sale $495,000 0.0% $208 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/26/2018 09/26/18 Price Changed $495,000 -5.8% $208 / Sq Ft
08/07/2018 08/07/18 Price Changed $525,500 -1.9% $221 / Sq Ft
07/14/2018 07/14/18 For Sale $535,500 -- $225 / Sq Ft

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 $6,720 $594,300 -- --
2024 $6,720 $544,900 $0 $0
2023 $5,436 $495,500 $189,300 $306,200
2022 $4,929 $472,467 $0 $0
2021 $4,621 $449,433 $0 $0
2020 $4,342 $426,400 $189,300 $237,100
2019 $5,019 $426,400 $189,300 $237,100
2018 $4,328 $426,400 $189,300 $237,100
2017 $5,608 $492,600 $0 $0
2016 -- $492,333 $0 $0
2015 $5,387 $492,067 $0 $0
2014 $5,387 $491,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Helena Ashton

    Seller's Agent in 2018

    Helena Ashton

    Samson Properties

    (301) 651-2166

    31 Total Sales

    Helena Ashton
    Section Image
  • Asif Khan

    Buyer's Agent in 2018

    Asif Khan

    Primetime Realty Homes

    (301) 252-7553

    1 in this area

    15 Total Sales

    Asif Khan
    Section Image
See All Agents

Map

Maryland Montgomery County Germantown 20874

9 Summit Ridge Ct, Germantown, MD

This home is located at 9 Summit Ridge Ct, Germantown, MD 20874 and is currently estimated at $715,858, approximately $300 per square foot. 9 Summit Ridge Ct is a home located in Montgomery County with nearby schools including Germantown Elementary, Roberto W. Clemente Middle, and Seneca Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes