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6 Mustang Hill Court

6 Mustang Hill Court, Gaithersburg, MD 20878
Property in North Potomac
Sold May 18, 2018
$600,000
$264,000 by Topone Mortgage Inc
Mortgage Due Oct 01, 2050
Sold Oct 02, 1998
$224,269
6 Mustang Hill Court has been categorized by the local assessors in Gaithersburg, MD as a residential type of property. The building on the property was first built in 1987 and is 37 years old. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6 Mustang Hill Court has 2,152 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 550 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 6,504 square feet.

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 260 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. 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 inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The building on the property is connected to a sewer system. The property was last sold in May 11, 2018 for $600,000. That's $363.20 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $224,269. 6 Mustang Hill Court was last assessed in 2023. The total value of the property was assessed at $611,633. 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 $6,775. 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: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 550
  • Garage Type: Built-in
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 6,504
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC RIDGE
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POTOMAC RIDGE 7427/7 07

Ownership

  • Current Owner : RAHMAN SHARMIN
  • Previous Owner : GAO HONG QIANG
  • Previous Owner 2: ZHAO WEI
  • Owner Before Previous Owner: L MICHAEL I
  • Owner Before Previous Owner 2: L HIRSCHMAN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700618

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: ER62
  • Account Number: 02472036
  • District: 06
  • Parcel: 06-02472036
  • Block: E
  • Lot: 58
  • Latitude: 39.0821
  • Longitude: -77.2434

    Address

  • Full Address: 6 Mustang Hill Ct
  • Address - House Number: 6
  • Address - Street Name: Mustang Hill
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: North Potomac
  • Carrier Code: R024
  • 4-Digit Zip Code: 3870
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,775

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 803,340
  • High Value: 922,159
  • Low Value: 684,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: TOPONE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 26, 2020
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $633,100
  • Market Land Value: $307,000
  • Market Improvement Value: $326,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,633

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2018
  • Current Sale Recording Date: May 18, 2018
  • Current Sale Transaction ID: 11467307872
  • Current Sale Price: $600,000
  • Current Sale Document Type: Limited Warranty Deed
  • Previous Sale Recording Date: Oct 02, 1998
  • Previous Sale Amount: $224,269
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: May 18, 2018
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About North Potomac



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Frequently Asked Questions

What neighborhood is 6 Mustang Hill Court located in?
The 6 Mustang Hill Court is a located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 6 Mustang Hill Court?
The average sales price for units in 6 Mustang Hill Court is $0 currently.

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