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3907 Cotton Tree Lane

3907 Cotton Tree Lane, Burtonsville, MD 20866
Property in Burtonsville
Sold Oct 26, 2021
$656,500
$556,500 by Draper & Kramer Mortgage Corp
Mortgage Due Nov 01, 2051
Sold May 04, 2006
$600,000
$326,000 by Prosperity Mortgage Co
Mortgage Due Apr 01, 2036
3907 Cotton Tree Lane in Burtonsville, MD was first built in 1997 and is 27 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. 3907 Cotton Tree Lane has 2,364 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 1 sqft and has been categorized as a partial basement with daylight. In total, the area measurement of the land is 10,252 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a built-in garage. The garage is 160 sqft. 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. 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, 3907 Cotton Tree Lane sold most recently in Oct 6, 2021 for a total of $656,500. If you work out the math, that's approximately a cost of $277.71 per sqft. Before that, the property was also sold for $600,000 in Mar 10, 2006. 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 $4,829 in taxes each year. The initial year of tax delinquency occurred in 2019. 3907 Cotton Tree Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $442,800. If we break it down further, the land itself was valued at $218,500. Improvements to the property, however, were assessed at a total of $224,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1997
  • Effective Year Built: 1997
  • 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: Partial basement with daylight
  • Basement Area: 1
  • Garage Type: Built-in
  • Garage Square Area: 160
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,252
  • Total Building Area: 2,364
  • Gross Building Area: 2,364
  • Building Area: 2,364
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACKBURN VILLAGE
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLACKBURN VILLAGE

Ownership

  • Current Owner : MONTERO JAVIER
  • Previous Owner : KAUR HARBANS
  • Owner Before Previous Owner: KWAGYAN JOHN K
  • Owner Before Previous Owner 2: KWAGYAN COMFORT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701426

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: KS61
  • Account Number: 03074121
  • District: 05
  • Parcel: 05-03074121
  • Block: 1
  • Lot: 4
  • Latitude: 39.1001
  • Longitude: -76.9309

    Address

  • Full Address: 3907 Cotton Tree Ln
  • Address - House Number: 3907
  • Address - Street Name: Cotton Tree
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Burtonsville
  • Carrier Code: C008
  • 4-Digit Zip Code: 3106
  • Zip Code: 20866

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,829
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 717,168
  • High Value: 846,689
  • Low Value: 587,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $556,500
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $556,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $442,800
  • Market Land Value: $218,500
  • Market Improvement Value: $224,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $442,800
  • Assessed Land Value: $218,500
  • Assessed Improvements Value: $224,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 26, 2021
  • Current Sale Transaction ID: 11862019790
  • Current Sale Price: $656,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 04, 2006
  • Previous Sale Contract Date: Mar 10, 2006
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 26, 2021
  • First Mortgage Loan Amount: $556,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PROSPERITY MORTGAGE CO
  • Previous Mortgage Transaction Date: May 04, 2006
  • Previous Mortgage Loan Amount: $326,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2036

About Burtonsville



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Frequently Asked Questions

What neighborhood is 3907 Cotton Tree Lane located in?
The 3907 Cotton Tree Lane is a located in the neighborhood of Burtonsville in Burtonsville, Burtonsville.
What is the average sales price for listings in 3907 Cotton Tree Lane?
The average sales price for units in 3907 Cotton Tree Lane is $0 currently.

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