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11106 Candlelight Lane

11106 Candlelight Lane, Potomac, MD 20854
Property in Potomac
Sold Jul 02, 2021
$1,170,000
$877,500 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2051
Sold Jul 21, 2005
$800,000
$640,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2035
11106 Candlelight Lane has been categorized by the local assessors in Potomac, MD as a residential type of property. The building on the property was first built in 1981 and is 43 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, 11106 Candlelight Lane has 3,306 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 finished improved basement that is 900 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 11,346 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 484 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 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. 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, 11106 Candlelight Lane sold most recently in May 7, 2021 for a total of $1,170,000. If you work out the math, that's approximately a cost of $440.18 per sqft. Before that, the property was also sold for $800,000 in Jun 13, 2005. 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 $10,745 in taxes each year. 11106 Candlelight Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $896,200. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 900
  • Garage Type: Mixed use
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,346
  • Total Building Area: 2,658
  • Gross Building Area: 2,658
  • Building Area: 2,658
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,306
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INVERNESS WOODS
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INVERNESS WOODS

Ownership

  • Current Owner : XU WENJIE
  • Current Owner 2: CHEN NING
  • Previous Owner : DING WEI
  • Previous Owner 2: HU YUSONG
  • Owner Before Previous Owner: CHEN DONG
  • Owner Before Previous Owner 2: CHEN SHENG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706011

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GQ11
  • Account Number: 01814482
  • District: 10
  • Parcel: 10-01814482
  • Block: 2
  • Lot: 4
  • Latitude: 39.0395
  • Longitude: -77.1698

    Address

  • Full Address: 11106 Candlelight Ln
  • Address - House Number: 11106
  • Address - Street Name: Candlelight
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Potomac
  • Carrier Code: C010
  • 4-Digit Zip Code: 2760
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,745

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,254,731
  • High Value: 1,445,368
  • Low Value: 1,064,094

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $877,500
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $877,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,049,600
  • Market Land Value: $427,300
  • Market Improvement Value: $622,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $896,200

    Sales

  • Current Sale Contract Date: May 07, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841751275
  • Current Sale Price: $1,170,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: Jun 13, 2005
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $877,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 21, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Potomac



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Frequently Asked Questions

What neighborhood is 11106 Candlelight Lane located in?
The 11106 Candlelight Lane is a located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 11106 Candlelight Lane?
The average sales price for units in 11106 Candlelight Lane is $0 currently.

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