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13807 Drake Drive

13807 Drake Drive, Rockville, MD 20853
Property in Aspen Hill
Sold Apr 08, 2021
$560,000
$440,000 by Fairway Asset Corp
Mortgage Due Mar 01, 2051
13807 Drake Drive has been categorized by the local assessors in Rockville, MD as a residential type of property. The building on the property was first built in 1965 and is 59 years old. Residents will have access to 2 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, 13807 Drake Drive has 1,958 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 800 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 11,904 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 231 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 13807 Drake Drive sold most recently in Feb 19, 2021 for a total of $560,000. If you work out the math, that's approximately a cost of $483.59 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 $5,228 in taxes each year. 13807 Drake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $452,833. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Driveway

Driveway

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 800
  • Garage Type: Attached
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,904
  • Total Building Area: 1,158
  • Gross Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,958
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROCK CREEK
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROCK CREEK MANOR

Ownership

  • Current Owner : LEE HANG NOH
  • Current Owner 2: CHOI JIYEON
  • Previous Owner : PARK SUNG O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703201

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: HR12
  • Account Number: 01420926
  • District: 13
  • Parcel: 13-01420926
  • Block: 2
  • Lot: 43
  • Latitude: 39.0836
  • Longitude: -77.1058

    Address

  • Full Address: 13807 Drake Dr
  • Address - House Number: 13807
  • Address - Street Name: Drake
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Rockville
  • Carrier Code: C037
  • 4-Digit Zip Code: 2543
  • Zip Code: 20853

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,228

    Appraisal Valuation

  • Standard Deviation: 0.131
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 646,989
  • High Value: 731,798
  • Low Value: 562,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORP
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $517,100
  • Market Land Value: $226,600
  • Market Improvement Value: $290,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,833

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Transaction ID: 11834469653
  • Current Sale Price: $560,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORP
  • First Mortgage Transaction Date: Apr 08, 2021
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 13807 Drake Drive located in?
The 13807 Drake Drive is a located in the neighborhood of Aspen Hill in Aspen Hill, Rockville.
What is the average sales price for listings in 13807 Drake Drive?
The average sales price for units in 13807 Drake Drive is $0 currently.

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