NOT LISTED FOR SALE

10616 Budsman Terrace Damascus, MD 20872

Estimated Value: $425,593 - $457,000

3 Beds
4 Baths
1,920 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $425,000 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,826/month

7 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Traditional Architecture
  • Lois P. Rockwell Elementary School Rated A
  • Traditional Floor Plan
  • Backs to Trees or Woods

About This Home

As of October 2024

Welcome to this beautifully maintained 3-bedroom townhouse in Damascus, where modern upgrades and custom finishes truly set this home apart. The heart of the home is the updated kitchen, featuring granite countertops, a stylish backsplash, and under-cabinet lighting—ideal for cooking and gathering with loved ones. The open-concept living and dining room makes entertaining effortless, whether hosting holidays or cozying up by the fireplace. Upstairs, you’ll find three bedrooms and two full baths, including a luxurious primary suite. The primary bedroom offers custom built-in closets and a remodeled en-suite bath with a charming barn door and a soaking tub shower—perfect for unwinding. The finished lower level provides versatile space offering a recreation room, home office, a half bath and offers direct access to the backyard.
Step outside to enjoy the serene back deck and beautifully landscaped surroundings. With two assigned parking spaces and a location close to shopping, dining, I-270, and the Prime Outlet Mall, this home is both convenient and a true retreat!

Last Listed By

Lisa Sabelhaus

RE/MAX Town Center License #RS-0037772 Listed on: 09/18/2024

RE/MAX Town Center

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1989

Lot Details

  • 1,500 Sq Ft Lot
  • Backs To Open Common Area
  • Landscaped
  • Backs to Trees or Woods
  • Back and Front Yard
  • Property is in very good condition

HOA Fees

  • $36 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement with some natural light

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Deck
  • Shed

Schools

  • Lois P. Rockwell Elementary School
  • John T. Baker Middle School
  • Damascus High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 161202658268

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal, trash
  • Preakness Drive HOA
  • Preakness Drive Hoa Community
  • Sweepstakes Subdivision
  • Property Manager

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,457

Year Built

Built in 1989

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-09-19
  • Year Built: 1989
  • Assigned Parking Space Numbers: 47 & 48
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this beautifully maintained 3-bedroom townhouse in Damascus, where modern upgrades and custom finishes truly set this home apart. The heart of the home is the updated kitchen, featuring granite countertops, a stylish backsplash, and under-cabinet lighting—ideal for cooking and gathering with loved ones. The open-concept living and dining room makes entertaining effortless, whether hosting holidays or cozying up by the fireplace. Upstairs, you’ll find three bedrooms and two full baths, including a luxurious primary suite. The primary bedroom offers custom built-in closets and a remodeled en-suite bath with a charming barn door and a soaking tub shower—perfect for unwinding. The finished lower level provides versatile space offering a recreation room, home office, a half bath and offers direct access to the backyard. Step outside to enjoy the serene back deck and beautifully landscaped surroundings. With two assigned parking spaces and a location close to shopping, dining, I-270, and the Prime Outlet Mall, this home is both convenient and a true retreat!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Ceramic Tile, Carpet, Hardwood
  • Interior Amenities: Attic, Bathroom - Soaking Tub, Bathroom - Tub Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace Features: Equipment, Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Basement, Foyer, Office, Recreation Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Fully Finished, Heated, Improved, Interior Access, Sump Pump, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 328.12
  • Above Grade Finished Sq Ft: 1280
  • Below Grade Finished Sq Ft: 640
  • Total Below Grade Sq Ft: 640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10616

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 108.33
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash
  • HOA Name: PREAKNESS DRIVE
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: LOIS P. ROCKWELL
  • Middle School: JOHN T. BAKER
  • High School: DAMASCUS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: LOIS P. ROCKWELL
  • High School: DAMASCUS
  • Middle Or Junior School: JOHN T. BAKER

Lot Info

  • Land Use Code: R
  • Lot Features: Backs To Trees, Backs - Open Common Area, Front Yard, Landscaping, Rear Yard
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1500.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4457.00
  • Assessor Parcel Number: 161202658268
  • Tax Lot: 63
  • Tax Total Finished Sq Ft: 1680
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/24/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 24, 2024
Sold by
Davis Daniel Craig and Heath Tiffany Carin
Bought by
Adams Brian Christopher and Adams Shannon
Seller's Agent
Lisa Sabelhaus
RE/MAX Town Center
Buyer's Agent
Alison Green
RE/MAX Realty Plus
List Price
$420,000
Sold Price
$425,000
Premium/Discount to List
$5,000
1.19%
Total Days on Market
7
Views
116
Current Estimated Value
$434,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,148
Avg. Annual Appreciation
1.12%
Original Mortgage
$318,750
Outstanding Balance
$317,810
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$109,568

Purchase Details

Listed on
Sep 25, 2014
Closed on
Nov 20, 2014
Sold by
Howerton Michael E and Howerton Melissa
Bought by
Davis Daniel Craig and Heath Tiffany Carin
Seller's Agent
Sandra Wills
RE/MAX Town Center
Buyer's Agent
Greg Myers
RE/MAX Realty Group
List Price
$296,000
Sold Price
$288,500
Premium/Discount to List
-$7,500
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.98%
Original Mortgage
$259,650
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Howerton Michael
Bought by
Howerton Michael E and Howerton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2005
Sold by
Howerton Michael
Bought by
Howerton Michael E and Howerton Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Thomas Colin D
Bought by
Howerton Michael

Purchase Details

Closed on
May 2, 2003
Sold by
Thomas Colin D
Bought by
Thomas Colin D and Thomas Caroline Law

Purchase Details

Closed on
Jan 24, 2001
Sold by
Reigle Vincent K E and Reigle A B
Bought by
Thomas Colin D

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Adams Brian Christopher $425,000 Bayline Title & Escrow Llc
Davis Daniel Craig $288,500 First American Title Ins Co
Howerton Michael E -- --
Howerton Michael E -- --
Howerton Michael $222,000 --
Thomas Colin D -- --
Thomas Colin D $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Brian Christopher $318,750
Previous Owner Davis Daniel Craig $228,000
Previous Owner Davis Daniel Craig $259,650
Previous Owner Howerton Michael E $223,200
Previous Owner Howerton Michael E $240,000
Previous Owner Howerton Michael E $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $425,000 +1.2% $221 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $420,000 +45.6% $219 / Sq Ft
11/20/2014 11/20/14 Sold $288,500 -2.5% $172 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $296,000 -- $176 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,457 $356,200 $140,000 $216,200
2023 $4,924 $338,200 $0 $0
2022 $3,169 $320,200 $0 $0
2021 $2,829 $302,200 $132,000 $170,200
2020 $2,829 $295,700 $0 $0
2019 $2,745 $289,200 $0 $0
2018 $2,671 $282,700 $132,000 $150,700
2017 $2,563 $268,100 $0 $0
2016 -- $253,500 $0 $0
2015 $2,529 $238,900 $0 $0
2014 $2,529 $238,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2147742

Bright MLS

APN: 12-02658268