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14705 Botany Way

14705 Botany Way, Gaithersburg, MD 20878
Sold Dec 02, 2019
$732,000
$432,000 by Navy Fcu
Mortgage Due Dec 01, 2049
Sold Jun 06, 2014
$740,000
Local assessors in Gaithersburg, MD have categorized 14705 Botany Way as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 8,981 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level 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 14705 Botany Way has a total of 2,821 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 588 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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 483 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. 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, 14705 Botany Way sold most recently in Nov 18, 2019 for a total of $732,000. If you work out the math, that's approximately a cost of $327.81 per sqft. Before that, the property was also sold for $740,000 in May 28, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,230 in taxes each year. 14705 Botany Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $737,967. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 588
  • Garage Type: Built-in
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,981
  • Total Building Area: 2,233
  • Gross Building Area: 2,233
  • Building Area: 2,233
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,821
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEBRIDGE
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STONEBRIDGE

Ownership

  • Current Owner : JOHNSON DREUX M
  • Current Owner 2: SUN YU
  • Previous Owner : LARKIN LAWRENCE I
  • Previous Owner 2: LARKIN SANDRA H
  • Owner Before Previous Owner: BIAN SHI KUI
  • Owner Before Previous Owner 2: GE HUA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700617

Zoning

  • Zoning: PD3

Geography

  • Assessors Map Reference: FR23
  • Account Number: 02263300
  • District: 06
  • Parcel: 06-02263300
  • Block: C
  • Lot: 14
  • Latitude: 39.0972
  • Longitude: -77.2223

    Address

  • Full Address: 14705 Botany Way
  • Address - House Number: 14705
  • Address - Street Name: Botany
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: R022
  • 4-Digit Zip Code: 4292
  • Zip Code: 20878

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,230

    Appraisal Valuation

  • Standard Deviation: 0.1479
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 966,145
  • High Value: 1,109,044
  • Low Value: 823,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Dec 02, 2019
  • First Open Lien Mortgage Loan Amount: $432,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $769,400
  • Market Land Value: $325,600
  • Market Improvement Value: $443,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $737,967

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Transaction ID: 11707854975
  • Current Sale Price: $732,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 06, 2014
  • Previous Sale Contract Date: May 28, 2014
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Dec 02, 2019
  • First Mortgage Loan Amount: $432,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 14705 Botany Way located in?
The 14705 Botany Way is a house located in the neighborhood of North Potomac in North Potomac, Gaithersburg.
What is the average sales price for listings in 14705 Botany Way?
The average sales price for units in 14705 Botany Way is $0 currently.

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