NOT LISTED FOR SALE

2200 Spencerville Rd Spencerville, MD 20868

Estimated Value: $474,000 - $566,456

0.72 Acre
$706,061 Price per Acre
31,363 Sq Ft Lot

Last Sold March 25, 2024

Last sale price $475,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,326/month

19 Days on Market

About This Lot

As of March 2024

Expansive Lot: Spread across .72 acres, this property provides a generous canvas for your vision, be it a new home, church, landscaping business, or another creative endeavor.
Fixer-Upper Opportunity: The sale includes a house in disrepair, offering the potential for renovation or a fresh start with a new build.
Public Utilities: Benefit from the convenience of public water and sewer connections, saving time and resources for your future project.
Value in Land: The true value lies in the land, presenting an ideal opportunity for those seeking to build a custom home or establish a business in a prime location. See Documents for Survey and Use Table which identifies allowable uses for Zoning R. Currently no access to the house. Accepting a Back Up Offer!

Last Listed By

Greg Ford

JPAR Preferred Properties License #0225074400 Listed on: 02/16/2024

JPAR Preferred Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,106

Year Built

  • 1875

Lot Details

  • 0.72 Acre Lot
  • Property is zoned RE1

Community Details

  • No Home Owners Association
  • Colesville Outside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 160500253504

Property Details

Property Type

Land

Est. Annual Taxes

$5,106

Year Built

1875

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Remarks Public: Expansive Lot: Spread across .72 acres, this property provides a generous canvas for your vision, be it a new home, church, landscaping business, or another creative endeavor. Fixer-Upper Opportunity: The sale includes a house in disrepair, offering the potential for renovation or a fresh start with a new build. Public Utilities: Benefit from the convenience of public water and sewer connections, saving time and resources for your future project. Value in Land: The true value lies in the land, presenting an ideal opportunity for those seeking to build a custom home or establish a business in a prime location. See Documents for Survey and Use Table which identifies allowable uses for Zoning R. Currently no access to the house. Accepting a Back Up Offer!
  • Special Features: None
  • Year Built: 1875

Interior Features

  • Price Per Sq Ft: 15.15
  • Street Number Modifier: 2200

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Size Acres: 0.72
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31363.00
  • Year Assessed: 2023
  • Zoning: RE1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5106.00
  • Assessor Parcel Number: 160500253504
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/25/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 25, 2024
Sold by
Sarmiento Roberto
Bought by
W & Sons Group Inc
Seller's Agent
Greg Ford
JPAR Preferred Properties
Buyer's Agent
Maribel Reyes
EXP Realty, LLC
List Price
$475,000
Sold Price
$475,000
Total Days on Market
19
Views
109
Current Estimated Value
$508,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,364
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 7, 2022
Sold by
Novastar Mortgage Funding Trust
Bought by
Sarmiento Roberto
Seller's Agent
Val Laborevitch
RealHome Services and Solutions, Inc.
Buyer's Agent
Greg Ford
JPAR Preferred Properties
List Price
$370,000
Sold Price
$321,500
Premium/Discount to List
-$48,500
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.47%

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
W & Sons Group Inc $475,000 Old Republic National Title In
Sarmiento Roberto $321,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newcomb Alan E $300,000
Previous Owner Newcomb Alen E $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $475,000 0.0% $204 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $475,000 +47.7% $204 / Sq Ft
07/08/2022 07/08/22 Sold $321,500 -8.9% $138 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $353,000 -4.6% $151 / Sq Ft
05/06/2022 05/06/22 For Sale $370,000 -- $159 / 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 $5,931 $452,633 $0 $0
2023 $5,106 $384,900 $256,000 $128,900
2022 $4,894 $384,900 $256,000 $128,900
2021 $4,137 $384,900 $256,000 $128,900
2020 $4,264 $399,800 $284,300 $115,500
2019 $4,322 $390,800 $0 $0
2018 $4,223 $381,800 $0 $0
2017 $4,287 $372,800 $0 $0
2016 -- $368,300 $0 $0
2015 $4,099 $363,800 $0 $0
2014 $4,099 $359,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Ford

    Seller's Agent in 2024

    Greg Ford

    JPAR Preferred Properties

    (301) 706-3388

    2 in this area

    71 Total Sales

    Greg Ford
    Section Image
  • Maribel Reyes

    Buyer's Agent in 2024

    Maribel Reyes

    EXP Realty, LLC

    (703) 474-5578

    3 in this area

    179 Total Sales

    Maribel Reyes
    Section Image

  • V

    Seller's Agent in 2022

    Val Laborevitch

    RealHome Services and Solutions, Inc.

    (888) 876-3372

    2 in this area

    120 Total Sales

    Val Laborevitch
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2120762

Bright MLS

APN: 05-00253504

Maryland Montgomery County Spencerville 20868

2200 Spencerville Rd, Spencerville, MD

Homes for Sale in Spencerville, MD

This home is located at 2200 Spencerville Rd, Spencerville, MD 20868 since 16 February 2024 and is currently estimated at $508,364, approximately $218 per square foot. This property was built in 1875. 2200 Spencerville Rd is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.

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