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8 Cottage Field Court

8 Cottage Field Court, Germantown, MD 20874
Property in Montgomery
Sold Oct 07, 2021
$465,000
$441,750 by Greenway Funding Group Inc
Mortgage Due Oct 01, 2051
Sold Jul 05, 2005
$421,000
Seller
$336,800 by Vison Mortgage Llc
Mortgage Due Jul 01, 2035
Local assessors in Germantown, MD have categorized 8 Cottage Field Court as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 1,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8 Cottage Field Court has a total of 2,100 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 600 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8 Cottage Field Court was last sold in Sep 17, 2021 for $465,000. According to our calculations, that's $290.63 per sqft. Prior to that sales transaction, the property was sold for $421,000 in Jan 1, 1970. Current property owners are expected to pay $4,769 in taxes per year. The property on 8 Cottage Field Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $384,867. 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: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF CLOPPERS MILL
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: VILLAGE OF CLOPPERS MILL

Ownership

  • Current Owner : SIMMA YARED D
  • Previous Owner : KARNIK CHANDAN
  • Previous Owner 2: THE CHANDAN KARNIK TRUST
  • Owner Before Previous Owner: ZHANG YING
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700614

Zoning

  • Zoning: PD4

Geography

  • Assessors Map Reference: ET42
  • Account Number: 03024866
  • District: 06
  • Parcel: 06-03024866
  • Block: EYE
  • Lot: 16
  • Latitude: 39.1479
  • Longitude: -77.2716

    Address

  • Full Address: 8 Cottage Field Ct
  • Address - House Number: 8
  • Address - Street Name: Cottage Field
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Germantown
  • Carrier Code: C004
  • 4-Digit Zip Code: 6309
  • Zip Code: 20874

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,769

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 515,042
  • High Value: 611,020
  • Low Value: 419,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $441,750
  • First Open Lien Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $441,750
  • 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, 2051

    Market Valuation

  • Market Total Value: $412,200
  • Market Land Value: $138,600
  • Market Improvement Value: $273,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,867

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11859513246
  • Current Sale Price: $465,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 05, 2005
  • Previous Sale Amount: $421,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENWAY FUNDING GROUP INC
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $441,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VISON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 05, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $336,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

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Frequently Asked Questions

What neighborhood is 8 Cottage Field Court located in?
The 8 Cottage Field Court is a located in the neighborhood of Montgomery in Germantown, Germantown.
What is the average sales price for listings in 8 Cottage Field Court?
The average sales price for units in 8 Cottage Field Court is $0 currently.

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