NOT LISTED FOR SALE

10004 Iron Gate Rd Potomac, MD 20854

Estimated Value: $2,327,000 - $2,869,000

4 Beds
7 Baths
9,463 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $2,300,000 $243 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,062/month

69 Days on Market

Highlights

  • Private Pool
  • 2.18 Acre Lot
  • 4 Fireplaces
  • Morton Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of July 2024

PRICE IMPROVEMENT! Tucked away from the illustrious Iron Gate Road in the heart of highly sought-after Potomac Village is this handsome country estate. Sited on 2.18 wooded acres, at the end of a winding driveway, the approach makes an inviting yet dramatic first impression. Originally custom-built with interiors inspired by Katherine Hepburn’s Connecticut farmhouse, the home exudes timeless elegance, augmented by a sturdy brick facade and slate roof to withstand the test of time. Surrounded by wisteria vines, double doors reveal ethereal interiors sprawled across a substantial 9,463 square feet. Artistic in the way it flows in, natural light bathes the main staircase in a warm glow. Pocket doors off the foyer reveal a cozy octagonal study, with French doors leading out. The embassy-sized living room, measuring over 32-feet in length, is enveloped in natural light flooding in from skylights in the recessed cathedral ceiling. Two sets of French doors bring the outside in, while a roaring central fireplace, one of four in the home, retains a sensation of warmth within the vast space. Subtly elegant, the oval-shaped dining room features inlaid hardwood floors and overlooks the rear lawn. The country kitchen has been fully modernized, with a commercial grade range top, honed marble countertops, custom inset cabinetry, and a suite of SubZero-Wolf appliances. Touches such as the built-in bookshelf and adjacent breakfast area with fireplace enhance livability. A family room with three walls of windows and as well as a large screened porch overlooking the pool area complete the stunning main level. The primary bedroom’s raised ceilings and large fireplace contribute to the overall feeling of spaciousness, establishing an oasis. Twin walk-in closets and primary baths encompass all of the ubiquitous amenities, including a splendid clawfoot tub nestled beneath exposed wood beams and a walk-in glass and marble shower. Three additional large bedrooms, two full baths, and a cozy upstairs lounge are all thoughtfully designed. The lower level consists of an open space anchored by a billiards room with built-in seating and a recreation room with built-in shelving. A full wet bar, fitness room, lounge, full bath, and exceptional storage augments practicality and enables entertaining. The sprawling verdant lawns are surrounded by mature foliage for total privacy. Extensive hardscaping covers the acres of flat, usable space and includes large flagstone patios. A spectacular 50-foot lap pool with automatic cover sits against this natural backdrop for shaded swims on humid summer days. Timeless design, artfully restrained interiors, and a central Potomac location make 10004 Iron Gate Road the epitome of estate living.

Last Agent to Sell the Property

Kara Sheehan

(301) 928-8495 kara.sheehan@wfp.com TTR Sotheby's International Realty License #SP98356137 Listed on: 03/15/2024

TTR Sotheby's International Realty

Co-Listed By

Daniel Heider

(703) 785-7820 daniel@danielheider.com TTR Sotheby's International Realty License #SP98372854

Last Buyer's Agent

Eva Davis

(202) 271-2456 eva.davis@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,320

Year Built

  • Built in 1980

Lot Details

  • 2.18 Acre Lot
  • Property is in excellent condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Transitional Architecture
  • Traditional Architecture
  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Laundry on main level
  • Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Village Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161000906941

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,320

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Georgian, Colonial, Traditional, Transitional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-15
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 9463
  • Living Area Sq Ft: 9463
  • Price Per Sq Ft: 423.22
  • Above Grade Finished Sq Ft: 6297
  • Below Grade Finished Sq Ft: 3166
  • Total Below Grade Sq Ft: 3166
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 94961.00
  • Property Condition: Excellent
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 25320.00
  • Assessor Parcel Number: 161000906941
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jul 11, 2024
Sold by
Daniel Levy Irrevocable Trust and Phyllis J Levy Irrevocable Trust
Bought by
Dallas Ari Bryan and Dallas Hillary Lynn
Seller's Agent
Kara Sheehan
TTR Sotheby's International Realty
Buyer's Agent
Eva Davis
Compass
List Price
$2,750,000
Sold Price
$2,300,000
Premium/Discount to List
-$450,000
-16.36%
Views
338
Current Estimated Value
$2,477,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,964
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,840,000
Outstanding Balance
$1,818,191
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$659,773

Purchase Details

Closed on
Mar 31, 2021
Sold by
Levy Daniel and Levy Phyllis
Bought by
Levy Daniel and Levy Phyllis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dallas Ari Bryan $2,300,000 First American Title
Dallas Ari Bryan $2,300,000 First American Title
Levy Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dallas Ari Bryan $1,840,000
Closed Dallas Ari Bryan $1,840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $2,300,000 -13.7% $243 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $2,665,000 -3.1% $282 / Sq Ft
03/15/2024 03/15/24 For Sale $2,750,000 -- $291 / 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
2025 $26,791 $2,390,100 $909,600 $1,480,500
2024 $26,791 $2,264,667 $0 $0
2023 $24,628 $2,139,233 $0 $0
2022 $22,177 $2,013,800 $909,600 $1,104,200
2021 $22,070 $2,013,800 $909,600 $1,104,200
2020 $22,070 $2,013,800 $909,600 $1,104,200
2019 $22,092 $2,018,500 $909,600 $1,108,900
2018 $21,709 $1,980,900 $0 $0
2017 $21,686 $1,943,300 $0 $0
2016 $19,925 $1,905,700 $0 $0
2015 $19,925 $1,903,300 $0 $0
2014 $19,925 $1,900,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2123908

Bright MLS

APN: 10-00906941