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5000 Nicholson Court

5000 Nicholson Court, Kensington, MD 20895
Property in North Bethesda
Local assessors in Kensington, MD have categorized 5000 Nicholson Court as a office type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 56,628 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

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. 5000 Nicholson Court is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". 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 good. 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. Lots of brick veneer 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 17, 2017 for $2,500,000. That's $93.01 per sqft. Prior to that sales transaction, the property was also sold in Dec 28, 2005 for $1,900,000. 5000 Nicholson Court was last assessed in 2023. The total value of the property was assessed at $2,577,200. Specifically, the land the property is located on was valued at $793,300. While improvements on the property were assessed at a total of $1,783,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $37,706. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 26,880
  • Gross Building Area: 26,880
  • Building Area: 26,880
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Subdivision: CODM SPRING PARK ROCKVILLE PAR IND
  • Land Acres: 1.3
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: PT PAR B WHITE FLINT IND PARK

Ownership

  • Current Owner : 5020 NICHOLSON COURT LLC
  • Previous Owner : THE JOHN A QUINN FOUNDATION INCORPORATED
  • Owner Before Previous Owner: JOHN A QUINN FOUNDATION INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701202

Zoning

  • Zoning: IL1.0

Geography

  • Assessors Map Reference: HQ22 0 N917
  • Account Number: 00053760
  • District: 04
  • Parcel: 04-00053760
  • Latitude: 39.0445
  • Longitude: -77.1038

    Address

  • Full Address: 5000 Nicholson Ct
  • Address - House Number: 5000
  • Address - Street Name: Nicholson
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Kensington
  • Carrier Code: C025
  • 4-Digit Zip Code: 1047
  • Zip Code: 20895

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $37,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,935,190
  • First Open Lien Mortgage Lender: EAGLE BANK
  • First Open Lien Mortgage Recording Date: Jun 02, 2017
  • First Open Lien Mortgage Loan Amount: $1,935,190
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $2,577,200
  • Market Land Value: $793,300
  • Market Improvement Value: $1,783,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,577,200
  • Assessed Land Value: $793,300
  • Assessed Improvements Value: $1,783,900

    Sales

  • Current Sale Contract Date: May 17, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Transaction ID: 1588582874
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Dec 29, 2005
  • Previous Sale Contract Date: Dec 28, 2005
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE BANK
  • First Mortgage Transaction Date: Jun 02, 2017
  • First Mortgage Loan Amount: $1,935,190
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 5000 Nicholson Court located in?
The 5000 Nicholson Court is a located in the neighborhood of North Bethesda in North Bethesda, Kensington.
What is the average sales price for listings in 5000 Nicholson Court?
The average sales price for units in 5000 Nicholson Court is $0 currently.

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