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714 Ridgemont Avenue

714 Ridgemont Avenue, Rockville, MD 20850
Property in King Farm
Sold Aug 24, 2021
$690,000
$390,000 by Mortgage Access Corp
Mortgage Due Aug 01, 2036
Sold May 02, 2011
$591,000
$417,000 by Wei Mortgage Corporation
Mortgage Due May 01, 2041
714 Ridgemont Avenue has been categorized by the local assessors in Rockville, MD as a residential type of property. The building on the property was first built in 2004 and is 20 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 714 Ridgemont Avenue has 1,953 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 partial basement with daylight that is 1 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 2,327 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of unknown. 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. There is a single fireplace in the home. Perfect for those wintery nights. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 714 Ridgemont Avenue was last sold in Jul 23, 2021 for $690,000. According to our calculations, that's $353.30 per sqft. Prior to that sales transaction, the property was sold for $591,000 in Apr 26, 2011. Current property owners are expected to pay $10,026 in taxes per year. The property on 714 Ridgemont Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $656,967. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement with daylight
  • Basement Area: 1
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,327
  • Total Building Area: 1,953
  • Gross Building Area: 1,953
  • Building Area: 1,953
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,953
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING FARM BAILEYS COMMONS NORTH
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: KING FARM BAILEYS COMMONS NORTH

Ownership

  • Current Owner : YOUNG REBEKAH ESTES
  • Current Owner 2: YOUNG DAVID ARTHUR
  • Previous Owner : ZHAO JING
  • Previous Owner 2: SHI HONG
  • Owner Before Previous Owner: STANKUS PAUL A
  • Owner Before Previous Owner 2: STANKUS CANDICE T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700718

Zoning

  • Zoning: CPD1

Geography

  • Assessors Map Reference: GS12
  • Account Number: 03365962
  • District: 04
  • Parcel: 04-03365962
  • Block: R
  • Lot: 8
  • Municipality: ROCKVILLE
  • Latitude: 39.1144
  • Longitude: -77.1763

    Address

  • Full Address: 714 Ridgemont Ave
  • Address - House Number: 714
  • Address - Street Name: Ridgemont
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Rockville
  • Carrier Code: C038
  • 4-Digit Zip Code: 6060
  • Zip Code: 20850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,026
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1503
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 807,526
  • High Value: 928,960
  • Low Value: 686,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: MORTGAGE ACCESS CORP
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $686,600
  • Market Land Value: $254,100
  • Market Improvement Value: $432,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,967

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11853221699
  • Current Sale Price: $690,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 02, 2011
  • Previous Sale Contract Date: Apr 26, 2011
  • Previous Sale Amount: $591,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ACCESS CORP
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: WEI MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: May 02, 2011
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2041

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Frequently Asked Questions

What neighborhood is 714 Ridgemont Avenue located in?
The 714 Ridgemont Avenue is a located in the neighborhood of King Farm in Rockville, Rockville.
What is the average sales price for listings in 714 Ridgemont Avenue?
The average sales price for units in 714 Ridgemont Avenue is $0 currently.

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