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5512 Oak Place

5512 Oak Place, Bethesda, MD 20817
Property in Bethesda
Sold Jul 10, 2020
$950,000
$760,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2050
Sold Oct 10, 2008
Transfer
5512 Oak Place in Bethesda, MD was first built in 1916 and is 108 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 2 partial bathrooms. 5512 Oak Place has 1,734 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. In total, the area measurement of the land is 15,884 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of metal. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 560 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. As for heating, the home is utilizing a radiant heating system. The property was last sold in Jun 10, 2020 for $950,000. That's $547.87 per sqft. 5512 Oak Place was last assessed in 2023. The total value of the property was assessed at $831,433. 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 $11,247. 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. 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: 1916
  • Effective Year Built: 1916
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,884
  • Total Building Area: 1,734
  • Gross Building Area: 1,734
  • Building Area: 1,734
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKMONT
  • Land Acres: 0.365
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 9 OAKMONT

Ownership

  • Current Owner : CHALKE CHRISTOPHER
  • Current Owner 2: CHALKE CAITLIN
  • Previous Owner : MCNAMARA JOAN CREIGHTON
  • Previous Owner 2: THE JOAN C MCNAMARA REVOCABLE
  • Owner Before Previous Owner: MCNAMARA J PAUL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 704503

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HP11
  • Account Number: 00527190
  • District: 07
  • Parcel: 07-00527190
  • Lot: 8
  • Municipality: OAKMONT
  • Latitude: 39.0033
  • Longitude: -77.1113

    Address

  • Full Address: 5512 Oak Pl
  • Address - House Number: 5512
  • Address - Street Name: Oak
  • Address - Suffix Type: Pl
  • State: MD
  • City Name: Bethesda
  • Carrier Code: C009
  • 4-Digit Zip Code: 3524
  • Zip Code: 20817

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,247
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,117,175
  • High Value: 1,288,729
  • Low Value: 945,622

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $940,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 10, 2020
  • 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, 2050
  • Second Open Lien Mortgage Lender: UNITED BANK
  • Second Open Lien Mortgage Recording Date: Nov 24, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $180,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 15, 2046

    Market Valuation

  • Market Total Value: $854,900
  • Market Land Value: $679,300
  • Market Improvement Value: $175,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $831,433

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11779498416
  • Current Sale Price: $950,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 10, 2008
  • Previous Sale Contract Date: Jul 11, 2008
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $760,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Bethesda



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Frequently Asked Questions

What neighborhood is 5512 Oak Place located in?
The 5512 Oak Place is a located in the neighborhood of Bethesda in Bethesda, Bethesda.
What is the average sales price for listings in 5512 Oak Place?
The average sales price for units in 5512 Oak Place is $0 currently.

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