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13314 Wedgeport Lane

13314 Wedgeport Lane, Germantown, MD 20874
Property in Germantown
Sold May 29, 2015
$291,000
$260,000 by Greenville Funding Group Inc
Mortgage Due May 01, 2045
Sold Aug 20, 2010
$130,000
Local assessors in Germantown, MD have categorized 13314 Wedgeport Lane as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 2,340 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 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 13314 Wedgeport Lane has a total of 1,660 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 finished improved basement that is 450 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C+. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 13314 Wedgeport Lane sold most recently in May 7, 2015 for a total of $291,000. If you work out the math, that's approximately a cost of $240.50 per sqft. Before that, the property was also sold for $130,000 in Aug 18, 2010. 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 $4,979 in taxes each year. 13314 Wedgeport Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,033. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,340
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHURCHILL TOWN SEC 2 TWNHS
  • Land Acres: 0.054
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CHURCHILL TOWN SECT SEC 2 TWNHS

Ownership

  • Current Owner : KWON SANG DUK
  • Current Owner 2: PARK JU WON
  • Previous Owner : 4306 STANWOOD AVENUE LLC
  • Owner Before Previous Owner: DAVIS MABEL DELORES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700310

Zoning

  • Zoning: TS

Geography

  • Assessors Map Reference: EU32
  • Account Number: 01547375
  • District: 02
  • Section: 2
  • Parcel: 02-01547375
  • Block: 5
  • Lot: 49
  • Latitude: 39.1841
  • Longitude: -77.2772

    Address

  • Full Address: 13314 Wedgeport Ln
  • Address - House Number: 13314
  • Address - Street Name: Wedgeport
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Germantown
  • Carrier Code: C011
  • 4-Digit Zip Code: 1061
  • Zip Code: 20874

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,979

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 447,739
  • High Value: 516,926
  • Low Value: 378,551

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: GREENVILLE FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: May 29, 2015
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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, 2045

    Market Valuation

  • Market Total Value: $367,800
  • Market Land Value: $140,000
  • Market Improvement Value: $227,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,033

    Sales

  • Current Sale Contract Date: May 07, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Transaction ID: 1230487189
  • Current Sale Price: $291,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 20, 2010
  • Previous Sale Contract Date: Aug 18, 2010
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENVILLE FUNDING GROUP INC
  • First Mortgage Transaction Date: May 29, 2015
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2045

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Frequently Asked Questions

What neighborhood is 13314 Wedgeport Lane located in?
The 13314 Wedgeport Lane is a located in the neighborhood of Germantown in Germantown, Germantown.
What is the average sales price for listings in 13314 Wedgeport Lane?
The average sales price for units in 13314 Wedgeport Lane is $0 currently.

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