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4912 Arctic Terrace

4912 Arctic Terrace, Rockville, MD 20853
Property in Aspen Hill
Sold Jun 02, 2017
$339,000
$237,300 by Land-home Financial Services
Mortgage Due Jul 01, 2047
Sold Jun 12, 2003
$225,000
Local assessors in Rockville, MD have categorized 4912 Arctic Terrace as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 2,014 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 4912 Arctic Terrace has a total of 1,965 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 525 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. 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. The property was last sold in May 16, 2017 for $339,000. That's $235.42 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $225,000. 4912 Arctic Terrace was last assessed in 2023. The total value of the property was assessed at $382,867. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,219. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 525
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,014
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASPEN HILL
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SEC 2 ASPEN HILL PAR K

Ownership

  • Current Owner : MCKAY ELLYN M
  • Previous Owner : MCHUGH PETER
  • Previous Owner 2: MCHUGH PAMELA
  • Owner Before Previous Owner: ARNO CYNTHIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703201

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: HR21
  • Account Number: 01298165
  • District: 13
  • Section: 2
  • Parcel: 13-01298165
  • Block: EE
  • Lot: 100
  • Latitude: 39.076
  • Longitude: -77.0975

    Address

  • Full Address: 4912 Arctic Ter
  • Address - House Number: 4912
  • Address - Street Name: Arctic
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Rockville
  • Carrier Code: C018
  • 4-Digit Zip Code: 2936
  • Zip Code: 20853

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,219

    Appraisal Valuation

  • Standard Deviation: 0.138
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 83
  • Final Value: 498,981
  • High Value: 567,873
  • Low Value: 430,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,300
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jun 02, 2017
  • First Open Lien Mortgage Loan Amount: $237,300
  • 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: $402,600
  • Market Land Value: $180,000
  • Market Improvement Value: $222,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,867

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Transaction ID: 1588607002
  • Current Sale Price: $339,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 12, 2003
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jun 02, 2017
  • First Mortgage Loan Amount: $237,300
  • 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 4912 Arctic Terrace located in?
The 4912 Arctic Terrace is a located in the neighborhood of Aspen Hill in Aspen Hill, Rockville.
What is the average sales price for listings in 4912 Arctic Terrace?
The average sales price for units in 4912 Arctic Terrace is $0 currently.

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