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22 Rich Branch Court

22 Rich Branch Court, Gaithersburg, MD 20878
Property in North Potomac
Sold Aug 10, 2021
$883,000
$706,000 by Truist Bank
Mortgage Due Aug 01, 2051
Sold May 01, 1991
$339,000
22 Rich Branch Court 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. 22 Rich Branch Court has 2,712 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. In total, the area measurement of the land is 26,568 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of wood shake/ shingles. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 504 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. 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, 22 Rich Branch Court sold most recently in Jul 1, 2021 for a total of $883,000. If you work out the math, that's approximately a cost of $325.59 per sqft. Before that, the property was also sold for $339,000 in May 1, 1991. 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 $9,362 in taxes each year. 22 Rich Branch Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $822,300. 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. 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. 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: 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: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,568
  • Total Building Area: 2,712
  • Gross Building Area: 2,712
  • Building Area: 2,712
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DUFIEF
  • Land Acres: 0.61
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUFIEF SEC 6

Ownership

  • Current Owner : SCHREIBER KRISTIN MELISSA
  • Current Owner 2: IVES DAVID BROOK
  • Previous Owner : ROWE BRUCE S
  • Previous Owner 2: ROWE MONA JAFFE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700606

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: FR13
  • Account Number: 02159845
  • District: 06
  • Section: 6
  • Parcel: 06-02159845
  • Lot: 498
  • Latitude: 39.0929
  • Longitude: -77.2356

    Address

  • Full Address: 22 Rich Branch Ct
  • Address - House Number: 22
  • Address - Street Name: Rich Branch
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: North Potomac
  • Carrier Code: C014
  • 4-Digit Zip Code: 2461
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,362

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 1,051,739
  • High Value: 1,207,297
  • Low Value: 896,180

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $706,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $706,000
  • 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: $856,500
  • Market Land Value: $381,800
  • Market Improvement Value: $474,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $822,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11849425476
  • Current Sale Price: $883,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 01, 1991
  • Previous Sale Contract Date: May 01, 1991
  • Previous Sale Amount: $339,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $706,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

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Frequently Asked Questions

What neighborhood is 22 Rich Branch Court located in?
The 22 Rich Branch Court is a located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 22 Rich Branch Court?
The average sales price for units in 22 Rich Branch Court is $0 currently.

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