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11428 Cedar Ridge Drive

11428 Cedar Ridge Drive, Potomac, MD 20854
Property in Potomac
Sold Mar 31, 2016
$885,000
$450,000 by Suntrust Mortgage Inc
Mortgage Due Apr 01, 2046
Sold Nov 08, 1995
$426,275
11428 Cedar Ridge Drive has been categorized by the local assessors in Potomac, MD as a residential type of property. The building on the property was first built in 1995 and is 29 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 11428 Cedar Ridge Drive has 3,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 700 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 4,183 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 490 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11428 Cedar Ridge Drive sold most recently in Mar 15, 2016 for a total of $885,000. If you work out the math, that's approximately a cost of $327.29 per sqft. Before that, the property was also sold for $426,275 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,930 in taxes each year. 11428 Cedar Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $871,600. If we break it down further, the land itself was valued at $369,600. Improvements to the property, however, were assessed at a total of $502,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 700
  • Garage Type: Underground/basement
  • Garage Square Area: 490
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,183
  • Total Building Area: 2,704
  • Gross Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC CREST
  • Land Acres: 0.096
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: POTOMAC CREST

Ownership

  • Current Owner : MURPHY HENRY J
  • Current Owner 2: ZELENOVA ELENA
  • Previous Owner : HALLGREN RICHARD E
  • Previous Owner 2: HALLGREN MAXINE H
  • Owner Before Previous Owner: TUCKERMAN WEST L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701206

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GQ21
  • Account Number: 02863066
  • District: 04
  • Parcel: 04-02863066
  • Block: G
  • Lot: 13
  • Latitude: 39.0427
  • Longitude: -77.1618

    Address

  • Full Address: 11428 Cedar Ridge Dr
  • Address - House Number: 11428
  • Address - Street Name: Cedar Ridge
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Potomac
  • Carrier Code: C067
  • 4-Digit Zip Code: 3761
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,930

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,200,999
  • High Value: 1,383,472
  • Low Value: 1,018,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2016
  • First Open Lien Mortgage Loan Amount: $450,000
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $871,600
  • Market Land Value: $369,600
  • Market Improvement Value: $502,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $871,600
  • Assessed Land Value: $369,600
  • Assessed Improvements Value: $502,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2016
  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Transaction ID: 1506342471
  • Current Sale Price: $885,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 08, 1995
  • Previous Sale Amount: $426,275
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Mar 31, 2016
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2046

About Potomac



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Frequently Asked Questions

What neighborhood is 11428 Cedar Ridge Drive located in?
The 11428 Cedar Ridge Drive is a located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 11428 Cedar Ridge Drive?
The average sales price for units in 11428 Cedar Ridge Drive is $0 currently.

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