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15105 Gravenstein Way

15105 Gravenstein Way, Gaithersburg, MD 20878
Property in North Potomac
Sold Jun 01, 2020
$858,000
$543,000 by Truist Bank
Mortgage Due May 01, 2050
Sold Apr 03, 1992
$442,800
Local assessors in Gaithersburg, MD have categorized 15105 Gravenstein Way as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 10,580 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 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 15105 Gravenstein Way has a total of 3,852 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 1,330 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 mixed used garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 15105 Gravenstein Way sold most recently in Apr 30, 2020 for a total of $858,000. If you work out the math, that's approximately a cost of $222.74 per sqft. Before that, the property was also sold for $442,800 in Apr 3, 1992. 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 $9,922 in taxes each year. 15105 Gravenstein Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $879,333. 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: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,330
  • Garage Type: Mixed use
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,580
  • Total Building Area: 3,852
  • Gross Building Area: 3,852
  • Building Area: 3,852
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC GROVE
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POTOMAC GROVE

Ownership

  • Current Owner : PARK JOSHUA J
  • Current Owner 2: PARK CHRIS C
  • Previous Owner : SEWELL DOROTHY
  • Previous Owner 2: SEWELL DOROTHY MANDERS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700616

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: ES51
  • Account Number: 02738953
  • District: 06
  • Parcel: 06-02738953
  • Block: A
  • Lot: 8
  • Latitude: 39.1033
  • Longitude: -77.2542

    Address

  • Full Address: 15105 Gravenstein Way
  • Address - House Number: 15105
  • Address - Street Name: Gravenstein
  • Address - Suffix Type: Way
  • State: MD
  • City Name: North Potomac
  • Carrier Code: R031
  • 4-Digit Zip Code: 4700
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,922

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,157,540
  • High Value: 1,330,031
  • Low Value: 985,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $543,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $935,800
  • Market Land Value: $225,800
  • Market Improvement Value: $710,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $879,333

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11772346115
  • Current Sale Price: $858,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 03, 1992
  • Previous Sale Contract Date: Apr 03, 1992
  • Previous Sale Amount: $442,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $543,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About North Potomac



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Frequently Asked Questions

What neighborhood is 15105 Gravenstein Way located in?
The 15105 Gravenstein Way is a located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 15105 Gravenstein Way?
The average sales price for units in 15105 Gravenstein Way is $0 currently.

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