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15601 Norman Drive

15601 Norman Drive, Gaithersburg, MD 20878
Sold Aug 12, 2021
$650,000
$520,000 by Stockton Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Jan 27, 2012
$489,000
$476,603 by New Penn Financial Llc
Mortgage Due Feb 01, 2042
15601 Norman Drive has been categorized by the local assessors in Gaithersburg, MD as a residential type of property. The building on the property was first built in 1967 and is 57 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 15601 Norman Drive has 3,007 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 50,677 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 696 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 exterior walls of the building are made of brick. 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. 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, 15601 Norman Drive was last sold in Jul 21, 2021 for $650,000. According to our calculations, that's $216.16 per sqft. Prior to that sales transaction, the property was sold for $489,000 in Jan 26, 2012. Current property owners are expected to pay $6,972 in taxes per year. The property on 15601 Norman Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $606,867. 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. 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

Driveway

Driveway

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 50,677
  • Total Building Area: 3,007
  • Gross Building Area: 3,007
  • Building Area: 3,007
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,007
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNTAIN VIEW ESTATE
  • Land Acres: 1.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MOUNTAIN VIEW ESTATE S

Ownership

  • Current Owner : LAM THANH KIM
  • Current Owner 2: NGUYEN TRUC LINH
  • Previous Owner : NOTTINGHAM CRAIG L
  • Owner Before Previous Owner: HARRELL IVON K
  • Owner Before Previous Owner 2: HARRELL RACHEL E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700615

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: ES42
  • Account Number: 00411345
  • District: 06
  • Parcel: 06-00411345
  • Block: B
  • Lot: 11
  • Latitude: 39.1117
  • Longitude: -77.263

    Address

  • Full Address: 15601 Norman Dr
  • Address - House Number: 15601
  • Address - Street Name: Norman
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: North Potomac
  • Carrier Code: R032
  • 4-Digit Zip Code: 3529
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,972

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 830,247
  • High Value: 953,046
  • Low Value: 707,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,000
  • First Open Lien Mortgage Lender: STOCKTON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $641,700
  • Market Land Value: $281,600
  • Market Improvement Value: $360,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,867

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11849386399
  • Current Sale Price: $650,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 27, 2012
  • Previous Sale Contract Date: Jan 26, 2012
  • Previous Sale Amount: $489,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STOCKTON MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Jan 27, 2012
  • Previous Mortgage Loan Amount: $476,603
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About North Potomac



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Nearby Rentals

Unit for rent at

$4,500 /mo

  • 5 Beds
  • 4 Baths
Listing by Valerie D Harnois

Frequently Asked Questions

What neighborhood is 15601 Norman Drive located in?
The 15601 Norman Drive is a house located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 15601 Norman Drive?
The average sales price for units in 15601 Norman Drive is $649,990 currently.

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