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24057 Sugar Cane Lane

24057 Sugar Cane Lane, Gaithersburg, MD 20882
Property in Damascus
Sold Oct 14, 2020
$430,000
$422,211 by Homespire Mortgage Corp
Mortgage Due Oct 01, 2050
Sold May 09, 2001
$187,400
24057 Sugar Cane Lane 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 1984 and is 40 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 24057 Sugar Cane Lane has 1,604 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 450 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 10,440 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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. 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 unknown. 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. The building on the property is connected to a sewer system. 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, 24057 Sugar Cane Lane sold most recently in Sep 30, 2020 for a total of $430,000. If you work out the math, that's approximately a cost of $372.62 per sqft. Before that, the property was also sold for $187,400 in Jan 1, 1970. 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 $5,722 in taxes each year. 24057 Sugar Cane Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $400,133. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,440
  • Total Building Area: 1,154
  • Gross Building Area: 1,154
  • Building Area: 1,154
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PLANTATIONS
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE PLANTATIONS

Ownership

  • Current Owner : BONILLA RENE MAURICIO
  • Current Owner 2: JIMENEZ AMBAR MIGUELINA
  • Previous Owner : EASTMAN JAMES W
  • Previous Owner 2: EASTMAN MARY M
  • Owner Before Previous Owner: CORSNEY FRANK J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700206

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: FW43
  • Account Number: 02240890
  • District: 12
  • Parcel: 12-02240890
  • Block: G
  • Lot: 60
  • Latitude: 39.2529
  • Longitude: -77.2065

    Address

  • Full Address: 24057 Sugar Cane Ln
  • Address - House Number: 24057
  • Address - Street Name: Sugar Cane
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: R050
  • 4-Digit Zip Code: 4029
  • Zip Code: 20882

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,722

    Appraisal Valuation

  • Standard Deviation: 0.1564
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 533,667
  • High Value: 617,142
  • Low Value: 450,192

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $422,211
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Loan Amount: $422,211
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $429,300
  • Market Land Value: $178,900
  • Market Improvement Value: $250,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,133

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11803571099
  • Current Sale Price: $430,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 09, 2001
  • Previous Sale Amount: $187,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $422,211
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

About Damascus



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Frequently Asked Questions

What neighborhood is 24057 Sugar Cane Lane located in?
The 24057 Sugar Cane Lane is a located in the neighborhood of Damascus in Damascus, Gaithersburg.
What is the average sales price for listings in 24057 Sugar Cane Lane?
The average sales price for units in 24057 Sugar Cane Lane is $0 currently.

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