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7005 Georgia Street

7005 Georgia Street, Chevy Chase, MD 20815
Sold Jul 01, 2021
$1,400,000
$1,120,000 by Atlantic Coast Mortgage
Mortgage Due Jul 01, 2051
Sold Aug 05, 2015
$849,000
$679,200 by First Savings Mortgage Corp
Mortgage Due Aug 01, 2045
7005 Georgia Street in Chevy Chase, MD was first built in 1926 and is 98 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 3 partial bathrooms. 7005 Georgia Street has 1,384 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. The basement is 520 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 5,000 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 composition shingle. The property is connected to a sewer system. For those who need parking, there is a garage underground or in the basement. The garage is 216 sqft. There is one available parking space. 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. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7005 Georgia Street sold most recently in Jun 1, 2021 for a total of $1,400,000. If you work out the math, that's approximately a cost of $1,353.97 per sqft. Before that, the property was also sold for $849,000 in Jul 14, 2015. 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 $13,424 in taxes each year. 7005 Georgia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,078,867. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 520
  • Garage Type: Underground/basement
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,034
  • Gross Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEVY CHASE SEC 3
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 18 CHEVY CHASE SEC 3

Ownership

  • Current Owner : IRELAND JACKSON CRAIG
  • Current Owner 2: IRELAND KATHLEEN MCNAMEE
  • Previous Owner : HOFFMAN MICHAEL B
  • Previous Owner 2: HOFFMAN SONDRA LYNN
  • Owner Before Previous Owner: STONE SCOTT J
  • Owner Before Previous Owner 2: WATKINS JULIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 705100

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HN42
  • Account Number: 00460813
  • District: 07
  • Section: 3
  • Parcel: 07-00460813
  • Block: 5
  • Lot: P17
  • Municipality: SECTION 3 CHEVY CHASE
  • Latitude: 38.9803
  • Longitude: -77.0718

    Address

  • Full Address: 7005 Georgia St
  • Address - House Number: 7005
  • Address - Street Name: Georgia
  • Address - Suffix Type: St
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C004
  • 4-Digit Zip Code: 4135
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,424
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 1,614,223
  • High Value: 1,833,907
  • Low Value: 1,394,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,120,000
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,120,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $1,340,800
  • Market Land Value: $694,600
  • Market Improvement Value: $646,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,078,867

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841664350
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 05, 2015
  • Previous Sale Contract Date: Jul 14, 2015
  • Previous Sale Amount: $849,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $1,120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 05, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $679,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 7005 Georgia Street located in?
The 7005 Georgia Street is a house located in the neighborhood of Chevy Chase Section Three in Chevy Chase, Chevy Chase.
What is the average sales price for listings in 7005 Georgia Street?
The average sales price for units in 7005 Georgia Street is $0 currently.

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