$700,000
SOLD AUG 5, 2024

9220 Damascus Hills Ln Damascus, MD 20872

-- Bed
-- Bath
3,272 Sq Ft
9.73 Acres

Recently Sold

$214 Per Sq Ft

10 Days on Market

Highlights

  • View of Trees or Woods
  • 9.73 Acre Lot
  • 1 Fireplace
  • Damascus Elementary School Rated A-
  • Farmhouse Style Home
  • No HOA

About This Home

As of August 2024

Nestled in the back of Damascus Hills, this beautiful piece of property has tons of potential. Surrounded by trees for tons of privacy is a peaceful ten acre property. The main house is in need of complete rehab, but the barns are in good condition and there is the most adorable studio cottage! Come make this charming farm your own!

Last Agent to Sell the Property

Robert Krop

Keller Williams Realty Centre License #0225254789 Listed on: 06/29/2024

Keller Williams Realty Centre

Co-Listed By

Dana Thingelstad

Keller Williams Realty Centre License #662354

Last Buyer's Agent

David Adebayo

RE/MAX Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 1951

Lot Details

  • 9.73 Acre Lot
  • Property is zoned RE2C

Parking

  • Driveway

Property Views

  • Pond
  • Woods

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 3,272 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace

Farming

  • Corn Crib Barn
  • Dairy Barn
  • Bank Barn
  • Silo

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Damascus Subdivision

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 161203815944

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,993

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Exclusions: Lawnmower, Trailer, Tools, Jumber
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-29
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: Nestled in the back of Damascus Hills, this beautiful piece of property has tons of potential. Surrounded by trees for tons of privacy is a peaceful ten acre property. The main house is in need of complete rehab, but the barns are in good condition and there is the most adorable studio cottage! Come make this charming farm your own!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 3272
  • Living Area Sq Ft: 3272
  • Price Per Sq Ft: 213.63
  • Above Grade Finished Sq Ft: 3272
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9220

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Bank Barn, Corn Barn, Dairy Barn, Silo(s)
  • Construction Materials: Frame
  • View: Pond, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Sewer/Septic System: On Site Septic, Septic Exists
  • 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: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Size Acres: 9.73
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 423839.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2023
  • Zoning: RE2C
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3993.00
  • Assessor Parcel Number: 161203815944
  • Tax Lot: 119
  • Tax Total Finished Sq Ft: 3272
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/05/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2024
Closed on
Aug 16, 2024
Sold by
Ferenczy Daniel P
Bought by
Soto-Torres Lydia
Seller's Agent
Dana Thingelstad
Keller Williams Realty Centre
Buyer's Agent
David Adebayo
RE/MAX Excellence Realty
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Views
58
Current Estimated Value
$719,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,680
Avg. Annual Appreciation
3.03%
Original Mortgage
$525,000
Outstanding Balance
$516,544
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$203,136

Purchase Details

Closed on
Sep 20, 2021
Sold by
Seneca Ridge Development Llc
Bought by
Ferenczy Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $700,000 None Listed On Document
Deed $475,000 Commonwealth Land Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $700,000 0.0% $214 / Sq Ft
08/05/2024 08/05/24 Sold $700,000 +0.1% $214 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/10/2024 07/10/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $699,000 0.0% $214 / Sq Ft
06/29/2024 06/29/24 For Sale $699,000 0.0% $214 / Sq Ft
06/27/2024 06/27/24 Price Changed $699,000 -- $214 / 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 $4,704 $346,000 $344,000 $2,000
2023 $3,993 $288,333 $0 $0
2022 $3,192 $230,667 $0 $0
2021 $4,985 $173,000 $172,000 $1,000
2020 $2,434 $173,000 $172,000 $1,000
2019 $7,039 $590,600 $344,000 $246,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2129736

Bright MLS

APN: 12-03815944