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17918 Cottonwood Terrace

17918 Cottonwood Terrace, Gaithersburg, MD 20877
Townhouse in Redland
Sold Aug 25, 2022
$420,000
$336,000 by Originpoint Llc
Mortgage Due Sep 01, 2052
Sold Jan 29, 2021
$335,500
$318,725 by First Savings Mortgage Corp
Mortgage Due Dec 01, 2050
Local assessors in Gaithersburg, MD have categorized 17918 Cottonwood Terrace as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 1,875 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 17918 Cottonwood Terrace has a total of 1,620 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 300 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 garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 187 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 17918 Cottonwood Terrace was last sold in Aug 15, 2022 for $420,000. According to our calculations, that's $318.18 per sqft. Prior to that sales transaction, the property was sold for $335,500 in Dec 2, 2020. Current property owners are expected to pay $3,095 in taxes per year. The property on 17918 Cottonwood Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $299,600. To break that down further, the land itself was valued at $120,000. While improvements to the property were assessed at a total of $179,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
Vinyl Siding

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 300
  • Garage Type: Underground/basement
  • Garage Square Area: 187
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,875
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINERAL SPRING VILLAGE TWNHS
  • Land Acres: 0.043
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: MINERAL SPRINGS VILL TWNHS

Ownership

  • Current Owner : MARSHACK ALEXANDRA Q
  • Previous Owner : DIANNE FOSTER KERI
  • Owner Before Previous Owner: MOSSER BRENTON K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700710

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: GT22
  • Account Number: 02826840
  • District: 09
  • Parcel: 09-02826840
  • Block: G
  • Lot: 53
  • Latitude: 39.1491
  • Longitude: -77.1643

    Address

  • Full Address: 17918 Cottonwood Ter
  • Address - House Number: 17918
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C023
  • 4-Digit Zip Code: 1028
  • Zip Code: 20877

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,095

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 442,975
  • High Value: 511,968
  • Low Value: 373,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: ORIGINPOINT LLC
  • First Open Lien Mortgage Recording Date: Aug 25, 2022
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $299,600
  • Market Land Value: $120,000
  • Market Improvement Value: $179,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,600
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $179,600

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Transaction ID: 11895076157
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Dec 02, 2020
  • Previous Sale Amount: $335,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORIGINPOINT LLC
  • First Mortgage Transaction Date: Aug 25, 2022
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jan 29, 2021
  • Previous Mortgage Loan Amount: $318,725
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Redland



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Frequently Asked Questions

What neighborhood is 17918 Cottonwood Terrace located in?
The 17918 Cottonwood Terrace is a townhouse located in the neighborhood of Redland in Redland, Gaithersburg.
What is the average sales price for listings in 17918 Cottonwood Terrace?
The average sales price for units in 17918 Cottonwood Terrace is $335,000 , or $207/sqft. currently.

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