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401 Saddle Ridge Lane

401 Saddle Ridge Lane, Rockville, MD 20850
Property in King Farm
Sold Oct 11, 2017
$950,000
$760,000 by Bank Of America Na
Mortgage Due Jul 01, 2047
Sold Nov 05, 1999
$473,816
Local assessors in Rockville, MD have categorized 401 Saddle Ridge Lane as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 8,779 square feet. As for the restroom situation, there are 5 full bathrooms. There are also 6 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 401 Saddle Ridge Lane has a total of 3,370 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 342 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 unknown 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, 401 Saddle Ridge Lane sold most recently in Jun 30, 2017 for a total of $950,000. If you work out the math, that's approximately a cost of $295.67 per sqft. Before that, the property was also sold for $473,816 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 $12,864 in taxes each year. 401 Saddle Ridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $971,933. 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: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 342
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,779
  • Total Building Area: 3,213
  • Gross Building Area: 3,213
  • Building Area: 3,213
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,370
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING FARM WATKINS POND
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KING FARM WATKINS POND

Ownership

  • Current Owner : CHING DEBBIE LIN CHANG
  • Current Owner 2: CHING DEBBIE LIN STEVEN
  • Previous Owner : GOLDSTEIN HARVEY A
  • Previous Owner 2: GOLDSTEIN MARTHA M
  • Owner Before Previous Owner: MARTIN STANLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701211

Zoning

  • Zoning: CPD1

Geography

  • Assessors Map Reference: GS12
  • Account Number: 03212977
  • District: 04
  • Parcel: 04-03212977
  • Block: OO
  • Lot: 12
  • Municipality: ROCKVILLE
  • Latitude: 39.1091
  • Longitude: -77.1715

    Address

  • Full Address: 401 Saddle Ridge Ln
  • Address - House Number: 401
  • Address - Street Name: Saddle Ridge
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Rockville
  • Carrier Code: C052
  • 4-Digit Zip Code: 5710
  • Zip Code: 20850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,864
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1515
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,179,928
  • High Value: 1,358,718
  • Low Value: 1,001,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $760,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 11, 2017
  • First Open Lien Mortgage Loan Amount: $760,000
  • 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

    Market Valuation

  • Market Total Value: $993,200
  • Market Land Value: $438,000
  • Market Improvement Value: $555,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $971,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2017
  • Current Sale Recording Date: Oct 11, 2017
  • Current Sale Transaction ID: 1397742563
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Nov 05, 1999
  • Previous Sale Amount: $473,816
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 11, 2017
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 401 Saddle Ridge Lane located in?
The 401 Saddle Ridge Lane is a located in the neighborhood of King Farm in Rockville, Rockville.
What is the average sales price for listings in 401 Saddle Ridge Lane?
The average sales price for units in 401 Saddle Ridge Lane is $0 currently.

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