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2932 Terrace Drive

2932 Terrace Drive, Chevy Chase, MD 20815
2932 Terrace Drive in Chevy Chase, MD was first built in 1951 and is 75 years old. This has been categorized as a property type. There are a total of 100 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2932 Terrace Drive has 2,065 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 . In total, the area measurement of the land is 7,939 square feet.

Learn more about the property and building on this page. The roof of the home is made of . The property is connected to a sewer system. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . 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, 2932 Terrace Drive was last sold in Dec 6, 2021 for $740,000. According to our calculations, that's $504.77 per sqft. Current property owners are expected to pay $634,586 in taxes per year. The property on 2932 Terrace Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $656,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211112
11/12/2021
3 Bed
3 Bath
2065 ft²
$625,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2065 ft²
$740,000 +18.40%
12/09/2021
Marjorie Dick Stuart
Coldwell Banker Realty


Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,939
  • Total Building Area: 1,466
  • Gross Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,065
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONNYBROOK
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A001
  • Legal Description 1: DONNYBROOK EST

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 702700

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HN63
  • Account Number: 01293447
  • District: 13
  • Parcel: 13-01293447
  • Block: 4
  • Lot: 16
  • Latitude: 38.9944
  • Longitude: -77.0595

    Address

  • Full Address: 2932 Terrace Dr
  • Address - House Number: 2932
  • Address - Street Name: Terrace
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C010
  • 4-Digit Zip Code: 3808
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,586

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 868,865
  • High Value: 1,001,769
  • Low Value: 735,962

    Market Valuation

  • Market Total Value: $690,000
  • Market Land Value: $399,600
  • Market Improvement Value: $290,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Previous Sale Recording Date: Dec 08, 1995
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Silver Spring



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Frequently Asked Questions

What neighborhood is 2932 Terrace Drive located in?
The 2932 Terrace Drive is a house located in the neighborhood of Silver Spring in Silver Spring, Chevy Chase.
What is the average sales price for listings in 2932 Terrace Drive?
The average sales price for units in 2932 Terrace Drive is $625,000 , or $303/sqft. currently.