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7108 Ridgewood Avenue

7108 Ridgewood Avenue, Chevy Chase, MD 20815
House in Chevy Chase
Sold Aug 03, 2022
$2,615,000
$1,200,000 by Mclean Mortgage Corp
Mortgage Due Sep 01, 2048
Sold Aug 28, 2018
$2,615,000
$1,200,000 by Mclean Mortgage Corp
Mortgage Due Sep 01, 2048
7108 Ridgewood Avenue has been categorized by the local assessors in Chevy Chase, MD as a residential type of property. The building on the property was first built in 1923 and is 101 years old. The area measurement of the land has been determined as 9,600 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. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. The property was last sold in Aug 16, 2018 for $2,615,000. That's $1,911.55 per sqft. Prior to that sales transaction, the property was also sold in Aug 16, 2018 for $2,615,000. 7108 Ridgewood Avenue was last assessed in 2023. The total value of the property was assessed at $956,333. 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 $0. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHEVY CHASE SEC 4
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 19 CHEVY CHASE SEC 4

Ownership

  • Current Owner : BAKER BRIAN C
  • Current Owner 2: BAKER ROBIN L
  • Previous Owner : 7108 RIDGEWOOD AVE LLC
  • Owner Before Previous Owner: 7108 RIDGEWOOD AVE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 705400

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: HN42
  • Account Number: 00463020
  • District: 07
  • Section: 4
  • Parcel: 07-00463020
  • Block: 14
  • Lot: P18
  • Municipality: TOWN OF CHEVY CHASE
  • Latitude: 38.9811
  • Longitude: -77.0835

    Address

  • Full Address: 7108 Ridgewood Ave
  • Address - House Number: 7108
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Chevy Chase
  • Carrier Code: C075
  • 4-Digit Zip Code: 5148
  • Zip Code: 20815

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 82
  • Final Value: 1,237,771
  • High Value: 1,417,318
  • Low Value: 1,058,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: MCLEAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 28, 2018
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Sep 01, 2048

    Market Valuation

  • Market Total Value: $1,029,600
  • Market Land Value: $908,500
  • Market Improvement Value: $121,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $956,333

    Sales

  • Current Sale Contract Date: Aug 16, 2018
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Transaction ID: 11893658205
  • Current Sale Price: $2,615,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 28, 2018
  • Previous Sale Contract Date: Aug 16, 2018
  • Previous Sale Amount: $2,615,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: MCLEAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 28, 2018
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 7108 Ridgewood Avenue located in?
The 7108 Ridgewood Avenue is a house located in the neighborhood of Chevy Chase in Chevy Chase, Chevy Chase.
What is the average sales price for listings in 7108 Ridgewood Avenue?
The average sales price for units in 7108 Ridgewood Avenue is $0 currently.

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