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13849 Mustang Hill Lane

13849 Mustang Hill Lane, Gaithersburg, MD 20878
Property in North Potomac
Sold Jan 05, 2022
$130,000
$130,375 by Network Capital Funding Corpor
Mortgage Due Feb 01, 2051
13849 Mustang Hill Lane in Gaithersburg, MD was first built in 1986 and is 38 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 13849 Mustang Hill Lane has 2,202 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 6,402 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. 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 attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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. 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, 13849 Mustang Hill Lane was last sold in Jan 25, 2021 for $130,000. According to our calculations, that's $76.38 per sqft. Current property owners are expected to pay $6,791 in taxes per year. The property on 13849 Mustang Hill Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $613,067. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 500
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,402
  • Total Building Area: 1,702
  • Gross Building Area: 1,702
  • Building Area: 1,702
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,202
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC RIDGE
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POTOMAC RIDGE

Ownership

  • Current Owner : SCHMIDT MARGARET SOPHIA LABRA
  • Previous Owner : MARGARET SOPHIA LABRADA SCHMIDT TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700618

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: ER62
  • Account Number: 02471852
  • District: 06
  • Parcel: 06-02471852
  • Block: E
  • Lot: 40
  • Latitude: 39.083
  • Longitude: -77.243

    Address

  • Full Address: 13849 Mustang Hill Ln
  • Address - House Number: 13849
  • Address - Street Name: Mustang Hill
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: North Potomac
  • Carrier Code: R024
  • 4-Digit Zip Code: 3872
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,791

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 815,484
  • High Value: 932,361
  • Low Value: 698,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,375
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORPOR
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $130,375
  • First Open Lien Mortgage Term: 350
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $634,500
  • Market Land Value: $306,300
  • Market Improvement Value: $328,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,067

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Transaction ID: 11877860853
  • Current Sale Price: $130,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NETWORK CAPITAL FUNDING CORPOR
  • First Mortgage Transaction Date: Jan 05, 2022
  • First Mortgage Loan Amount: $130,375
  • First Mortgage Terms: 350
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 13849 Mustang Hill Lane located in?
The 13849 Mustang Hill Lane is a located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 13849 Mustang Hill Lane?
The average sales price for units in 13849 Mustang Hill Lane is $0 currently.

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