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1 Mercy Court

1 Mercy Court, Potomac, MD 20854
Property in Potomac
Sold Jan 08, 2016
$940,000
$725,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2046
1 Mercy Court in Potomac, MD was first built in 1978 and is 46 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1 Mercy Court has 4,205 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,200 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 22,936 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 529 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 9, 2015 for $940,000. That's $312.81 per sqft. 1 Mercy Court was last assessed in 2023. The total value of the property was assessed at $1,152,067. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $13,064. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 22,936
  • Total Building Area: 3,005
  • Gross Building Area: 3,005
  • Building Area: 3,005
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,205
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCAULEY PARK
  • Land Acres: 0.527
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCAULEY PARK

Ownership

  • Current Owner : JAKOVLEVA ANNA
  • Current Owner 2: SIMSEK ARDA
  • Previous Owner : AGHILI FARIBORZ
  • Previous Owner 2: AGHILL LALE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706005

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: GP12
  • Account Number: 00883052
  • District: 10
  • Parcel: 10-00883052
  • Block: 2
  • Lot: 12
  • Latitude: 39.0123
  • Longitude: -77.1737

    Address

  • Full Address: 1 Mercy Ct
  • Address - House Number: 1
  • Address - Street Name: Mercy
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Potomac
  • Carrier Code: C020
  • 4-Digit Zip Code: 4540
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,064

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,321,714
  • High Value: 1,572,120
  • Low Value: 1,071,307

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $725,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jan 08, 2016
  • First Open Lien Mortgage Loan Amount: $725,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2046

    Market Valuation

  • Market Total Value: $1,237,000
  • Market Land Value: $612,000
  • Market Improvement Value: $625,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,152,067

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2015
  • Current Sale Recording Date: Jan 08, 2016
  • Current Sale Transaction ID: 1406519928
  • Current Sale Price: $940,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jan 08, 2016
  • First Mortgage Loan Amount: $725,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2046

About Potomac



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Frequently Asked Questions

What neighborhood is 1 Mercy Court located in?
The 1 Mercy Court is a located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 1 Mercy Court?
The average sales price for units in 1 Mercy Court is $0 currently.

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