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12012 Montrose Park Place

12012 Montrose Park Place, Rockville, MD 20852
Property in North Bethesda
Sold Apr 19, 2022
$970,000
$776,000 by Caliber Home Loans Inc
Mortgage Due May 01, 2052
Sold May 01, 2018
$740,000
$592,000 by Bank Of America Na
Mortgage Due May 01, 2048
12012 Montrose Park Place in Rockville, MD was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 12012 Montrose Park Place has 2,404 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 500 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 1,814 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 garage underground or in the basement. The garage is 342 sqft. There is one available parking space. 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. The exterior walls of the home are made of brick. 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. 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, 12012 Montrose Park Place sold most recently in Apr 14, 2022 for a total of $970,000. If you work out the math, that's approximately a cost of $509.45 per sqft. Before that, the property was also sold for $740,000 in Apr 10, 2018. 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 $8,615 in taxes each year. 12012 Montrose Park Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $776,433. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C-
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Underground/basement
  • Garage Square Area: 342
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,814
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAYROB
  • Land Acres: 0.042
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GRAYROB

Ownership

  • Current Owner : FARAJI SHAGHAYEGH
  • Current Owner 2: TABARESTANI AMIR HOSEIN
  • Previous Owner : JIANG
  • Previous Owner 2: CHANGSONG
  • Owner Before Previous Owner: PARK JUNH HYUN
  • Owner Before Previous Owner 2: KIM HYE KYUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701205

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: GQ52
  • Account Number: 03397991
  • District: 04
  • Parcel: 04-03397991
  • Lot: 85
  • Latitude: 39.0524
  • Longitude: -77.1289

    Address

  • Full Address: 12012 Montrose Park Pl
  • Address - House Number: 12012
  • Address - Street Name: Montrose Park
  • Address - Suffix Type: Pl
  • State: MD
  • City Name: Rockville
  • Carrier Code: C016
  • 4-Digit Zip Code: 4157
  • Zip Code: 20852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,615

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 987,383
  • High Value: 1,137,736
  • Low Value: 837,030

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $776,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $776,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $795,300
  • Market Land Value: $381,100
  • Market Improvement Value: $414,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $776,433

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Transaction ID: 11885449709
  • Current Sale Price: $970,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 10, 2018
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 19, 2022
  • First Mortgage Loan Amount: $776,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: May 01, 2018
  • Previous Mortgage Loan Amount: $592,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 12012 Montrose Park Place located in?
The 12012 Montrose Park Place is a located in the neighborhood of North Bethesda in North Bethesda, Rockville.
What is the average sales price for listings in 12012 Montrose Park Place?
The average sales price for units in 12012 Montrose Park Place is $0 currently.

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