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8 Tivoli Lake Court

8 Tivoli Lake Court, Silver Spring, MD 20906
Sold Dec 21, 2020
$460,000
$368,000 by Movement Mortgage
Mortgage Due Nov 01, 2050
Sold Jul 07, 2016
$377,500
$302,000 by Bank Of America Na
Mortgage Due Jun 01, 2031
8 Tivoli Lake Court in Silver Spring, MD was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8 Tivoli Lake Court has 1,992 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 594 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 3,048 square feet.

Learn more about the property and building on this page. 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 mixed used garage. The garage is 240 sqft. There is one available parking space. 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 unknown. 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 forced air unit. 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, 8 Tivoli Lake Court sold most recently in Oct 30, 2020 for a total of $460,000. If you work out the math, that's approximately a cost of $288.22 per sqft. Before that, the property was also sold for $377,500 in May 31, 2016. 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 $4,738 in taxes each year. 8 Tivoli Lake Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $434,467. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: Finished improved basement
  • Basement Area: 594
  • Garage Type: Mixed use
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,048
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIVOLI
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: TIVOLI

Ownership

  • Current Owner : MITCHELL AARON THOMAS
  • Current Owner 2: HARRIS NARGIS BANU
  • Previous Owner : MEHTA PRITHVI RAJ
  • Previous Owner 2: MEHTA ANJANA
  • Owner Before Previous Owner: JONES LOYDELL SHAW
  • Owner Before Previous Owner 2: SHAW DAVID C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703222

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: JR21
  • Account Number: 02460040
  • District: 13
  • Parcel: 13-02460040
  • Block: E
  • Lot: 17
  • Latitude: 39.0683
  • Longitude: -77.034

    Address

  • Full Address: 8 Tivoli Lake Ct
  • Address - House Number: 8
  • Address - Street Name: Tivoli Lake
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C043
  • 4-Digit Zip Code: 5904
  • Zip Code: 20906

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,738

    Appraisal Valuation

  • Standard Deviation: 0.1305
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 85
  • Final Value: 547,196
  • High Value: 618,635
  • Low Value: 475,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Loan Amount: $368,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $467,400
  • Market Land Value: $130,000
  • Market Improvement Value: $337,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,467

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11812724437
  • Current Sale Price: $460,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 07, 2016
  • Previous Sale Contract Date: May 31, 2016
  • Previous Sale Amount: $377,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 07, 2016
  • Previous Mortgage Loan Amount: $302,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2031

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Frequently Asked Questions

What neighborhood is 8 Tivoli Lake Court located in?
The 8 Tivoli Lake Court is a townhouse located in the neighborhood of Wheaton - Glenmont in Wheaton - Glenmont, Silver Spring.
What is the average sales price for listings in 8 Tivoli Lake Court?
The average sales price for units in 8 Tivoli Lake Court is $0 currently.

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