Check Availability

426 Watts Branch Parkway

426 Watts Branch Parkway, Potomac, MD 20854
Property in Fallswood
Sold Jan 03, 2017
$560,000
$300,000 by Suntrust Mortgage Inc
Mortgage Due Dec 01, 2046
Sold Apr 26, 2007
Transfer
426 Watts Branch Parkway has been categorized by the local assessors in Potomac, MD as a residential type of property. The building on the property was first built in 1978 and is 46 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, 426 Watts Branch Parkway has 2,787 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 750 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 11,278 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 built-in garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. 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 exterior walls of the building are made of alum/vinyl siding. 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, 426 Watts Branch Parkway sold most recently in Nov 30, 2016 for a total of $560,000. If you work out the math, that's approximately a cost of $274.91 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 $7,069 in taxes each year. 426 Watts Branch Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $534,800. If we break it down further, the land itself was valued at $361,500. Improvements to the property, however, were assessed at a total of $173,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1978
  • Effective Year Built: 1978
  • 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
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 750
  • Garage Type: Built-in
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,278
  • Total Building Area: 2,037
  • Gross Building Area: 2,037
  • Building Area: 2,037
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,787
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLSWOOD
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALLSWOOD

Ownership

  • Current Owner : LEW PHILLIP C
  • Current Owner 2: LEW TERESA L
  • Previous Owner : MILLER NORMAN
  • Previous Owner 2: MILLER GLORIA
  • Owner Before Previous Owner: MILLER NORMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701006

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: GR12
  • Account Number: 01737816
  • District: 04
  • Parcel: 04-01737816
  • Block: A
  • Lot: 65
  • Municipality: ROCKVILLE
  • Latitude: 39.0779
  • Longitude: -77.17

    Address

  • Full Address: 426 Watts Branch Pkwy
  • Address - House Number: 426
  • Address - Street Name: Watts Branch
  • Address - Suffix Type: Pkwy
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5513
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,069
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 762,542
  • High Value: 862,537
  • Low Value: 662,548

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $582,000
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Dec 01, 2046
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Aug 27, 2020
  • Second Open Lien Mortgage Loan Amount: $282,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $534,800
  • Market Land Value: $361,500
  • Market Improvement Value: $173,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $534,800
  • Assessed Land Value: $361,500
  • Assessed Improvements Value: $173,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1974626144
  • Current Sale Price: $560,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 26, 2007
  • Previous Sale Contract Date: Apr 12, 2007
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Jan 03, 2017
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2046

About Rockville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 9200 Gatewater Terrace, POTOMAC, MD, 20854

$4,600 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,746 ft²
9200 Gatewater Terrace, POTOMAC, MD, 20854 Listing by Tszechung Tai
Unit for rent at 1200 Treasure Oak Ct, ROCKVILLE, MD, 20852

$5,000 /mo

  • 4 Beds
  • 3.5 Baths
1200 Treasure Oak Ct, ROCKVILLE, MD, 20852 Listing by Judy Meyerson

Frequently Asked Questions

What neighborhood is 426 Watts Branch Parkway located in?
The 426 Watts Branch Parkway is a located in the neighborhood of Fallswood in Rockville, Potomac.
What is the average sales price for listings in 426 Watts Branch Parkway?
The average sales price for units in 426 Watts Branch Parkway is $0 currently.

Nearby Counties
Quantcast