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3502 Shepherd Street

3502 Shepherd Street, Chevy Chase, MD 20815
House in Chevy Chase
Sold Aug 21, 2020
$1,255,000
$970,800 by Citizens Bank Na
Mortgage Due Feb 01, 2052
Sold Jun 15, 2001
$488,000
3502 Shepherd Street in Chevy Chase, MD was first built in 1936 and is 88 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 4 full bathrooms. There are 4 partial bathrooms. 3502 Shepherd Street has 2,656 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 880 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,990 square feet.

Learn more about the property and building on this page. 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 garage underground or in the basement. The garage is 240 sqft. 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 frame control joints. 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 brick. 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 radiant heating system. 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, 3502 Shepherd Street was last sold in Jul 15, 2020 for $1,255,000. According to our calculations, that's $532.68 per sqft. Prior to that sales transaction, the property was sold for $488,000 in Jan 1, 1970. Current property owners are expected to pay $12,565 in taxes per year. The property on 3502 Shepherd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,181,400. 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. 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!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 880
  • Garage Type: Underground/basement
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,990
  • Total Building Area: 2,356
  • Gross Building Area: 2,356
  • Building Area: 2,356
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 2,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTINS ADD
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARTINS 1ST ADD

Ownership

  • Current Owner : STEINBERG FRANKLYN EDWARD
  • Current Owner 2: STEINBERG KRISTEN
  • Previous Owner : HEMLEY RUSSELL J
  • Previous Owner 2: DAVIS SUSAN AMANDA
  • Owner Before Previous Owner: SHEEHAN AMANDA P
  • Owner Before Previous Owner 2: SHEEHAN F M
  • 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: 00519634
  • District: 07
  • Parcel: 07-00519634
  • Lot: 5
  • Municipality: MARTINS ADDITION
  • Latitude: 38.9794
  • Longitude: -77.0692

    Address

  • Full Address: 3502 Shepherd St
  • Address - House Number: 3502
  • Address - Street Name: Shepherd
  • Address - Suffix Type: St
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C002
  • 4-Digit Zip Code: 3222
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,565
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,773,810
  • High Value: 2,047,241
  • Low Value: 1,500,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,800
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Feb 01, 2022
  • First Open Lien Mortgage Loan Amount: $970,800
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,511,000
  • Market Land Value: $740,700
  • Market Improvement Value: $770,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,181,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11786378978
  • Current Sale Price: $1,255,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 15, 2001
  • Previous Sale Amount: $488,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $1,004,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Chevy Chase



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Frequently Asked Questions

What neighborhood is 3502 Shepherd Street located in?
The 3502 Shepherd Street is a house located in the neighborhood of Chevy Chase in Chevy Chase, Chevy Chase.
What is the average sales price for listings in 3502 Shepherd Street?
The average sales price for units in 3502 Shepherd Street is $0 currently.

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