12507 Montclair Drive

12507 Montclair Drive has been categorized by the local assessors in Silver Spring, MD as a residential type of property. The building on the property was first built in 1963 and is 61 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12507 Montclair Drive has 2,087 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 663 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 12,504 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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. Residents will have the luxury of enjoying both a open porch and a patio. 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 exterior walls of the building are made of brick. 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, 12507 Montclair Drive sold most recently in Nov 17, 2020 for a total of $470,000. If you work out the math, that's approximately a cost of $330.06 per sqft. 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 $4,055 in taxes each year. 12507 Montclair Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $426,800. If we break it down further, the land itself was valued at $221,100. Improvements to the property, however, were assessed at a total of $205,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.