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24120 Pecan Grove Lane

24120 Pecan Grove Lane, Gaithersburg, MD 20882
Property in Montgomery
Sold Sep 13, 2021
$671,000
$536,800 by Presidential Bank Fsb
Mortgage Due Oct 01, 2051
Sold Dec 03, 1993
$195,000
Buyer
Seller
$185,250 by B F Saul Mortgage Company
Mortgage
24120 Pecan Grove Lane 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. 24120 Pecan Grove Lane has 2,950 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. The basement is 600 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,000 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 composition shingle. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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. The exterior walls of the home are made of unknown. 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. 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, 24120 Pecan Grove Lane was last sold in Sep 2, 2021 for $671,000. According to our calculations, that's $241.37 per sqft. Prior to that sales transaction, the property was sold for $195,000 in Jan 1, 1970. Current property owners are expected to pay $8,309 in taxes per year. The property on 24120 Pecan Grove Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $624,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

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+
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 600
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,780
  • Gross Building Area: 2,780
  • Building Area: 2,780
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,950
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PLANTATIONS
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE PLANTATIONS

Ownership

  • Current Owner : SMITH ERIC J
  • Current Owner 2: SMITH KATHRYN
  • Previous Owner : GRAHAM MARK
  • Previous Owner 2: GRAHAM SUSAN M
  • Owner Before Previous Owner: PERRELL B J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RE2C

Geography

  • Assessors Map Reference: FW52
  • Account Number: 02469791
  • District: 12
  • Parcel: 12-02469791
  • Block: M
  • Lot: 14
  • Latitude: 39.2506
  • Longitude: -77.1988

    Address

  • Full Address: 24120 Pecan Grove Ln
  • Address - House Number: 24120
  • Address - Street Name: Pecan Grove
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: R030
  • 4-Digit Zip Code: 3923
  • Zip Code: 20882

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,309

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 829,828
  • High Value: 954,608
  • Low Value: 705,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $536,800
  • First Open Lien Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $536,800
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $692,000
  • Market Land Value: $178,100
  • Market Improvement Value: $513,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $624,700

    Sales

  • Current Sale Contract Date: Sep 02, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Transaction ID: 11855384627
  • Current Sale Price: $671,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 03, 1993
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRESIDENTIAL BANK FSB
  • First Mortgage Transaction Date: Sep 13, 2021
  • First Mortgage Loan Amount: $536,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: B F SAUL MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Dec 03, 1993
  • Previous Mortgage Loan Amount: $185,250

About Damascus



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Frequently Asked Questions

What neighborhood is 24120 Pecan Grove Lane located in?
The 24120 Pecan Grove Lane is a located in the neighborhood of Montgomery in Damascus, Gaithersburg.
What is the average sales price for listings in 24120 Pecan Grove Lane?
The average sales price for units in 24120 Pecan Grove Lane is $0 currently.

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