Seller's Agent in 2021
Krystyna Kazerouni
Long & Foster
(301) 765-5121
5 in this area
21 Total Sales
10020 Chapel Rd Potomac, MD 20854
Estimated Value: $2,211,659 - $2,452,000
5
Beds
5.5
Baths
4,528
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- Cabana
- Scenic Views
- Private Lot
- Potomac Elementary School Rated A
- 3.7 Acre Lot
- 4 Fireplaces
About This Home
As of December 2021Take a look at the attached AERIAL VIDEO of this property to appreciate the beauty of this land. An incredible opportunity to own almost four estate quality acres in the heart of the Potomac Village. The picturesque site, with sprawling grasslands and mature trees, provides tranquil and private setting, perfect for a refuge from the bustle of Washington DC. Built in 1955, the original country estate included a charming Williamsburg colonial, a swimming pool, a cabana, and a barn. This classic "Old Potomac Home" was renovated sometime in the mid-nineties, at which time the property was connected to the public sewer. The two upper levels of the home offer 4600 square feet of living space. The elegant, embassy-sized living and dining rooms, both with fireplaces, a library/office with a wet bar, a country kitchen with a huge fireplace and a spacious keeping room/breakfast room, a family room just off the kitchen, a screen porch, a powder room, and an au pair suite are all located on the main level. Upstairs, there is a primary suite with a fireplace and two separate, en-suite bathrooms, tree spacious bedrooms, two additional baths and a walk-in attic. The finished lower-level room is perfect for a playroom or a media room. The home features hardwood floors throughout, lots of built-ins, both for display and for storage, and many windows and glass doors that bring in the natural light and offer great views of the grounds. Set on a bucolic street, just off the prestigious River Road, this property is located on a beautiful block with several multi-million $$$ properties, very close to the Village center (0.6 miles), and within an easy reach of major commuting routs, three airports, the area's fine shopping, dining, schools, and wide range of museums, sports venues, and cultural centers. Truly a one-of-a-kind property, unlike anything else in this area. Exceptional and rare opportunity to either renovate/expand the existing home or to build your own dream estate.
Last Agent to Sell the Property
(301) 765-5121 krystyna@lnf.com Long & Foster Real Estate, Inc. Listed on: 08/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,191
Year Built
- Built in 1955
Lot Details
- 3.7 Acre Lot
- No Through Street
- Private Lot
- Premium Lot
- Level Lot
- Property is zoned RE2
Property Views
- Scenic Vista
- Woods
- Garden
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,528 Sq Ft Home
- Property has 3 Levels
- 4 Fireplaces
- Partially Finished Basement
Bedrooms and Bathrooms
Parking
- 2 Parking Spaces
- 2 Attached Carport Spaces
Pool
- Cabana
- Private Pool
Schools
- Potomac Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Utilities
- Central Air
- Heating Available
- Well
Community Details
- No Home Owners Association
- Potomac Farm Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 161000860825
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2021
Closed on
Feb 7, 2022
Sold by
Vazir Muhsin Mohamed and Vazir Sithy F
Bought by
Muhsin Trust Llc
Seller's Agent
Krystyna Kazerouni
Long & Foster Real Estate, Inc.
Buyer's Agent
Shaila Sharmeen
HomeSmart
List Price
$1,897,500
Sold Price
$1,700,000
Premium/Discount to List
-$197,500
-10.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,553
Avg. Annual Appreciation
8.56%
Purchase Details
Closed on
Feb 27, 2002
Sold by
Iafrati Mark D
Bought by
Heshmati Giti
Purchase Details
Closed on
Sep 9, 1997
Sold by
M Michael K and M Ballard K
Bought by
Iafrati Mark D and Freedman Jane E
Purchase Details
Closed on
Oct 21, 1993
Sold by
Ragan W F
Bought by
Ballard Michael K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muhsin Trust Llc | -- | None Listed On Document | |
| Heshmati Giti | $1,399,000 | -- | |
| Iafrati Mark D | $940,000 | -- | |
| Ballard Michael K | $960,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ballard Michael K | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2021 12/29/21 | Sold | $1,700,000 | -10.4% | $375 / Sq Ft |
| 08/16/2021 08/16/21 | For Sale | $1,897,500 | 0.0% | $419 / Sq Ft |
| 10/05/2018 10/05/18 | Rented | $3,950 | -20.2% | -- |
| 08/11/2018 08/11/18 | For Rent | $4,950 | +23.8% | -- |
| 04/30/2013 04/30/13 | Rented | $4,000 | -18.4% | -- |
| 04/30/2013 04/30/13 | Under Contract | -- | -- | -- |
| 10/25/2012 10/25/12 | For Rent | $4,900 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $19,811 | $1,663,400 | $851,900 | $811,500 |
| 2024 | $19,811 | $1,663,400 | $851,900 | $811,500 |
| 2023 | $10,384 | $1,663,400 | $851,900 | $811,500 |
| 2022 | $20,099 | $1,762,800 | $851,900 | $910,900 |
| 2021 | $19,191 | $1,687,567 | $0 | $0 |
| 2020 | $18,333 | $1,612,333 | $0 | $0 |
| 2019 | $17,476 | $1,537,100 | $851,900 | $685,200 |
| 2018 | $16,980 | $1,537,100 | $851,900 | $685,200 |
| 2017 | $17,351 | $1,537,100 | $0 | $0 |
| 2016 | -- | $1,939,100 | $0 | $0 |
| 2015 | $22,978 | $1,939,100 | $0 | $0 |
| 2014 | $22,978 | $1,939,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Krystyna Kazerouni
-
Shaila Sharmeen
Buyer's Agent in 2021
Shaila Sharmeen
HomeSmart
(301) 332-7380
5 in this area
48 Total Sales
-
Fouad Talout
Seller's Agent in 2018
Fouad Talout
Long & Foster
(703) 459-4144
2 in this area
128 Total Sales
-
Pascale Karam
Seller Co-Listing Agent in 2018
Pascale Karam
Long & Foster
(703) 472-3749
2 in this area
107 Total Sales
-
Mahin Ghadiri
Buyer's Agent in 2018
Mahin Ghadiri
Weichert Corporate
(301) 996-2266
5 in this area
54 Total Sales
-
R
Seller's Agent in 2013
Reza Shahabadi
Taylor Properties
Map
Source: Bright MLS
MLS Number: MDMC2011620
APN: 10-00860825
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