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3501 Turner Lane

3501 Turner Lane, Chevy Chase, MD 20815
Property in Chevy Chase
Sold Jul 12, 2017
$886,000
$708,000 by Td Bank Na
Mortgage Due Jul 01, 2047
Sold Dec 18, 2002
$520,000
Local assessors in Chevy Chase, MD have categorized 3501 Turner Lane as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 5,095 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3501 Turner Lane has a total of 1,434 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 462 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3501 Turner Lane sold most recently in Jun 28, 2017 for a total of $886,000. If you work out the math, that's approximately a cost of $617.85 per sqft. Before that, the property was also sold for $520,000 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 $10,780 in taxes each year. 3501 Turner Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $910,933. 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. 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!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: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,095
  • Total Building Area: 1,434
  • Gross Building Area: 1,434
  • Building Area: 1,434
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,434
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTINS ADD
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: H M MARTIN 2ND ADD CHEVY CHASE

Ownership

  • Current Owner : HUNTER BRIAN J
  • Current Owner 2: HUNTER CRESPO
  • Previous Owner : IRVING JACQUELINE
  • Owner Before Previous Owner: MERCIER EDMOND C
  • Owner Before Previous Owner 2: MERCIER G S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 705200

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HN52
  • Account Number: 00522200
  • District: 07
  • Parcel: 07-00522200
  • Lot: P65
  • Municipality: MARTINS ADDITION
  • Latitude: 38.9807
  • Longitude: -77.0691

    Address

  • Full Address: 3501 Turner Ln
  • Address - House Number: 3501
  • Address - Street Name: Turner
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C004
  • 4-Digit Zip Code: 3213
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,780
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,236,237
  • High Value: 1,426,801
  • Low Value: 1,045,672

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $908,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Jul 12, 2017
  • First Open Lien Mortgage Loan Amount: $708,000
  • 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: Jul 01, 2047
  • Second Open Lien Mortgage Lender: TD BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 30, 2022
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 04, 2052

    Market Valuation

  • Market Total Value: $1,083,800
  • Market Land Value: $696,000
  • Market Improvement Value: $387,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $910,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2017
  • Current Sale Recording Date: Jul 12, 2017
  • Current Sale Transaction ID: 1589885630
  • Current Sale Price: $886,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 18, 2002
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TD BANK NA
  • First Mortgage Transaction Date: Jul 12, 2017
  • First Mortgage Loan Amount: $708,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About Chevy Chase



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Frequently Asked Questions

What neighborhood is 3501 Turner Lane located in?
The 3501 Turner Lane is a located in the neighborhood of Chevy Chase in Chevy Chase, Chevy Chase.
What is the average sales price for listings in 3501 Turner Lane?
The average sales price for units in 3501 Turner Lane is $0 currently.

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