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3 Turnham Lane

3 Turnham Lane, Gaithersburg, MD 20878
House in Montgomery
Sold Apr 09, 2019
$669,000
$468,300 by Howard Bank
Mortgage Due May 01, 2049
Sold Feb 17, 2004
Transfer
3 Turnham 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 1974 and is 50 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3 Turnham Lane has 3,534 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 600 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 17,554 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 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, 3 Turnham Lane sold most recently in Apr 3, 2019 for a total of $669,000. If you work out the math, that's approximately a cost of $228.02 per sqft. 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 $9,866 in taxes each year. 3 Turnham Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $678,300. If we break it down further, the land itself was valued at $315,900. Improvements to the property, however, were assessed at a total of $362,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • 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: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,554
  • Total Building Area: 2,934
  • Gross Building Area: 2,934
  • Building Area: 2,934
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,534
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTLEIGH
  • Land Acres: 0.403
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTLEIGH

Ownership

  • Current Owner : ARMSTRONG MELISSA
  • Previous Owner : MCCARTHY PAUL JOSEPH
  • Previous Owner 2: MCCARTHY SHARON MCGURN
  • Owner Before Previous Owner: MCCARTHY PAUL J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700828

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FS21
  • Account Number: 01522158
  • District: 09
  • Parcel: 09-01522158
  • Block: A
  • Lot: 20
  • Municipality: GAITHERSBURG
  • Latitude: 39.1047
  • Longitude: -77.2291

    Address

  • Full Address: 3 Turnham Ln
  • Address - House Number: 3
  • Address - Street Name: Turnham
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C005
  • 4-Digit Zip Code: 2618
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,866
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 932,611
  • High Value: 1,070,550
  • Low Value: 794,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $468,300
  • First Open Lien Mortgage Lender: HOWARD BANK
  • First Open Lien Mortgage Recording Date: Apr 09, 2019
  • First Open Lien Mortgage Loan Amount: $468,300
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $678,300
  • Market Land Value: $315,900
  • Market Improvement Value: $362,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $678,300
  • Assessed Land Value: $315,900
  • Assessed Improvements Value: $362,400

    Sales

  • Current Sale Contract Date: Apr 03, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Transaction ID: 11597945688
  • Current Sale Price: $669,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 17, 2004
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOWARD BANK
  • First Mortgage Transaction Date: Apr 09, 2019
  • First Mortgage Loan Amount: $468,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Gaithersburg



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Frequently Asked Questions

What neighborhood is 3 Turnham Lane located in?
The 3 Turnham Lane is a house located in the neighborhood of Montgomery in Gaithersburg, Gaithersburg.
What is the average sales price for listings in 3 Turnham Lane?
The average sales price for units in 3 Turnham Lane is $669,000 currently.

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