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126 Farmgate Lane

126 Farmgate Lane, Silver Spring, MD 20905
House in Colesville
Local assessors in Silver Spring, MD have categorized 126 Farmgate Lane as a type of property. The home was built in 1982 and is 44 years old. The property's lot size has been calculated to be 19,372 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 200 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 126 Farmgate Lane has a total of 3,759 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a that is 600 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a so you'll have a great option in the front of the home. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is . It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - . The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 126 Farmgate Lane was last sold in Aug 31, 2021 for $750,000. According to our calculations, that's $237.42 per sqft. Current property owners are expected to pay $749,218 in taxes per year. The property on 126 Farmgate Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $649,100. To break that down further, the land itself was valued at $255,000. While improvements to the property were assessed at a total of $394,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior
Stucco Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210714
07/14/2021
4 Bed
4 Bath
5243 ft²
$799,999
bedrooms
4 Bed
bathrooms
4 Bath
square feet
5243 ft²
$750,000 -6.25%
09/09/2021
Chad Dudley
Compass


Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 600
  • Garage Type: 2
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,372
  • Total Building Area: 3,159
  • Gross Building Area: 3,159
  • Building Area: 3,159
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,759
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD KNOLLS
  • Land Acres: 0000000445
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: NORWOOD KNOLLS

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701407

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: JS51
  • Account Number: 01761430
  • District: 05
  • Parcel: 05-01761430
  • Block: B
  • Lot: 2
  • Latitude: 39.1053
  • Longitude: -77.009

    Address

  • Full Address: 126 Farmgate Ln
  • Address - House Number: 126
  • Address - Street Name: Farmgate
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C024
  • 4-Digit Zip Code: 5759
  • Zip Code: 20905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $749,218

    Appraisal Valuation

  • Standard Deviation: 0.1506
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 881,567
  • High Value: 1,014,417
  • Low Value: 748,717

    Market Valuation

  • Market Total Value: $649,100
  • Market Land Value: $255,000
  • Market Improvement Value: $394,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,100
  • Assessed Land Value: $255,000
  • Assessed Improvements Value: $394,100

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 10, 2005
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Frequently Asked Questions

What neighborhood is 126 Farmgate Lane located in?
The 126 Farmgate Lane is a house located in the neighborhood of Colesville in Colesville, Silver Spring.
What is the average sales price for listings in 126 Farmgate Lane?
The average sales price for units in 126 Farmgate Lane is $759,000 , or $145/sqft. currently.

Neighborhoods