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18719 Falling River Drive

18719 Falling River Drive, Gaithersburg, MD 20879
Property in Montgomery
Sold Aug 17, 2016
$323,000
$248,400 by Primary Residential Mortgage I
Mortgage Due Aug 01, 2031
Sold Feb 02, 2016
$308,000
Local assessors in Gaithersburg, MD have categorized 18719 Falling River Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 1,467 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 3 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 18719 Falling River Drive has a total of 2,220 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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, 18719 Falling River Drive was last sold in Jul 26, 2016 for $323,000. According to our calculations, that's $145.50 per sqft. Prior to that sales transaction, the property was sold for $308,000 in Dec 16, 2015. Current property owners are expected to pay $4,484 in taxes per year. The property on 18719 Falling River Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $360,100. To break that down further, the land itself was valued at $150,000. While improvements to the property were assessed at a total of $210,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2007
  • Effective Year Built: 2007
  • 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: 3
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,467
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHETSTONE RUN
  • Land Acres: 0.034
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WHETSTONE RUN

Ownership

  • Current Owner : LI HONGZHOU
  • Previous Owner : FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Owner Before Previous Owner: PFOTENHAUER MICHAEL
  • Owner Before Previous Owner 2: NGUYEN NANCY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700733

Zoning

  • Zoning: RT8.0

Geography

  • Assessors Map Reference: FT23
  • Account Number: 03548360
  • District: 09
  • Parcel: 09-03548360
  • Lot: 12
  • Latitude: 39.1642
  • Longitude: -77.2219

    Address

  • Full Address: 18719 Falling River Dr
  • Address - House Number: 18719
  • Address - Street Name: Falling River
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Gaithersburg
  • Carrier Code: C058
  • 4-Digit Zip Code: 6228
  • Zip Code: 20879

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,484

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 511,747
  • High Value: 590,212
  • Low Value: 433,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,400
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Aug 17, 2016
  • First Open Lien Mortgage Loan Amount: $248,400
  • 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, 2031

    Market Valuation

  • Market Total Value: $360,100
  • Market Land Value: $150,000
  • Market Improvement Value: $210,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,100
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $210,100

    Sales

  • Current Sale Contract Date: Jul 26, 2016
  • Current Sale Recording Date: Aug 17, 2016
  • Current Sale Transaction ID: 1876186523
  • Current Sale Price: $323,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 02, 2016
  • Previous Sale Contract Date: Dec 16, 2015
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Aug 17, 2016
  • First Mortgage Loan Amount: $248,400
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2031

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Frequently Asked Questions

What neighborhood is 18719 Falling River Drive located in?
The 18719 Falling River Drive is a located in the neighborhood of Montgomery in Montgomery, Gaithersburg.
What is the average sales price for listings in 18719 Falling River Drive?
The average sales price for units in 18719 Falling River Drive is $0 currently.

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