NOT LISTED FOR SALE

Estimated Value: $1,002,000 - $1,245,322

0.39 Acre
$2,927,131 Price per Acre
16,988 Sq Ft Lot

Last Sold January 11, 2021

Last sale price $350,000

Est. 226% increase in value since last sale

Current estimated payment $6,952/month

40 Days on Market

Highlights

  • View of Trees or Woods
  • 0.39 Acre Lot
  • No HOA
  • Farmland Elementary School Rated A

About This Lot

As of January 2021

Incredible LOCATION - Great opportunity for building your dream custom home on this gorgeous land (0.39 acre = 16,925 sf). Call listing agent to walk through this secure and private, back to scenic forested park like land. Located off I-270, minutes from Pike & Rose/Metro. Close to all excitement in downtown Rockville, fine shopping and entertainment. Highly rated Walter Johnson schools. Also great for home business use.

Last Agent to Sell the Property

Morteza Samadian

(703) 975-8188 samadian@adesignbuild.com Heymann Realty, LLC License #0225245764 Listed on: 09/25/2020

Heymann Realty, LLC

Last Buyer's Agent

Kris Nelson

(202) 258-8657 krisnelsonrealtor@gmail.com Washington Fine Properties ,LLC License #SP98376323

Washington Fine Properties ,LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,448

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R90

Schools

  • Farmland Elementary School
  • Tilden Middle School
  • Walter Johnson High School

Additional Features

  • Views of Woods
  • Suburban Location

Community Details

  • No Home Owners Association
  • Montrose Subdivision

Listing and Financial Details

  • Tax Lot P2
  • Assessor Parcel Number 160400186825

Property Details

Property Type

Land

Est. Annual Taxes

$5,448

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 22.97

Exterior Features

  • Construction Completed: No
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: FARMLAND
  • High School: WALTER JOHNSON
  • Middle Or Junior School: TILDEN

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16925.00
  • Zoning: R90
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13901162
  • Tax Annual Amount: 5448.00
  • Assessor Parcel Number: 160400186825
  • Tax Lot: P2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Laing Brian and Laing Cheryl Bionca
Bought by
Laing Family Trust and Laing
Current Estimated Value
$1,141,581

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 11, 2021
Sold by
Izadi Hamid Reza and Panahi Marjan
Bought by
Laing Brian and Laing Cheryl Bionca
Seller's Agent
Morteza Samadian
Heymann Realty, LLC
Buyer's Agent
Kris Nelson
Washington Fine Properties ,LLC
List Price
$388,800
Sold Price
$350,000
Premium/Discount to List
-$38,800
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%
Original Mortgage
$741,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1999
Sold by
Shumaker John B Et Al Tr
Bought by
Izadi Hamid R

Purchase Details

Closed on
Oct 20, 1995
Sold by
Shumaker John B and Shumaker A Shumaker E
Bought by
John B Shumaker Et Al Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laing Family Trust -- None Listed On Document
Laing Family Trust -- None Listed On Document
Laing Brian $350,000 Kvs Title Llc
Izadi Hamid R $165,000 --
John B Shumaker Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laing Brian $741,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $350,000 -10.0% --
11/04/2020 11/04/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $388,800 -- --
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 $11,217 $885,400 -- --
2024 $11,217 $788,500 $458,700 $329,800
2023 $10,340 $781,533 $0 $0
2022 $10,039 $781,133 $0 $0
2021 $11,581 $436,800 $436,800 $0
2020 $11,206 $423,567 $0 $0
2019 $5,448 $410,333 $0 $0
2018 $5,173 $397,100 $397,100 $0
2017 $5,002 $379,833 $0 $0
2016 $4,473 $362,567 $0 $0
2015 $4,473 $345,300 $0 $0
2014 $4,473 $345,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC727238

Bright MLS

APN: 04-00186825