NOT LISTED FOR SALE

10040 Chapel Rd Potomac, MD 20854

Potomac Area

Estimated Value: $3,252,000 - $4,549,000

3.81 Acres
$1,046,667 Price per Acre
165,964 Sq Ft Lot

Sale Details

Date Sold: September 10, 2020

Last sale price $1,065,000

Est. 267% increase in value since last sale

Current estimated payment $24,911 / mo

399 Days on Market

Highlights

  • View of Trees or Woods
  • 3.81 Acre Lot
  • Wooded Lot
  • Potomac Elementary School Rated A
  • Premium Lot
  • No HOA

About This Lot

As of September 2020

FANTASTIC OPPORTUNITY TO BUILD DREAM HOME WITH NO RESTRICTIONS OTHER THAN MONTGOMERY COUNTY REGULATIONS ON SPECTACULAR 3.8-ACRE PARCEL. LEVEL PLUS WOODED LOT ON PRESTIGIOUS STREET. ONLY BLOCKS FROM POTOMAC VILLAGE. CALL LISTER FOR DETAILS

Last Agent to Sell the Property

Marc Fleisher

(202) 448-9002 marc@fleisherarrowood.com Compass Listed on: 06/07/2019

Compass

Last Buyer's Agent

Daniel Heider

(202) 234-3344 daniel@danielheider.com TTR Sotheby's International Realty License #SP98372854

TTR Sotheby's International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,756

Lot Details

  • 3.81 Acre Lot
  • Premium Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is zoned RE2

Property Views

  • Views of Woods

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 161000854185

Property Details

Property Type

Land

Est. Annual Taxes

$13,756

Lot Details

3.81 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.20

Exterior Features

  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Features: Backs To Trees, Premium, Road Frontage, Trees/Wooded
  • Lot Size Acres: 3.81
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 165964.00
  • Possible Use: Residential
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979996
  • Tax Annual Amount: 13756.00
  • Assessor Parcel Number: 161000854185
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 4, 2020
Sold by
Behnam Mohammad Ali and Behnam Alicia
Bought by
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Daniel Heider
TTR Sotheby's International Realty
List Price
$1,195,000
Sold Price
$1,065,000
Premium/Discount to List
-$130,000
-10.88%
Current Estimated Value
$3,913,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,848,452
Avg. Annual Appreciation
24.70%

Purchase Details

Closed on
Sep 20, 1994
Sold by
Hermes Elizabeth M
Bought by
Behnam Mohammad A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Potomac, MD

  • Shannon Zhao Real Estate Agent - Signature Home Realty LLC

    Shannon Zhao

    Signature Home Realty LLC

    (240) 261-0035

    132 Total Sales

    4 in Potomac

    $725K - $1.4M Price Range

    Shannon Zhao
     Section Image
  • David Goldberg Real Estate Agent - Goldberg Group Real Estate

    David Goldberg

    Goldberg Group Real Estate

    (202) 791-4607

    108 Total Sales

    7 in Potomac

    $983K - $1.6M Price Range

    David Goldberg
     Section Image
  • Bob Dada Real Estate Agent - Samson Properties

    Bob Dada

    Samson Properties

    (703) 997-9624

    78 Total Sales

    1 in Potomac

    $960,000 Price

    Bob Dada
     Section Image
  • Daniel Llerena Real Estate Agent - RLAH @properties

    Daniel Llerena

    RLAH @properties

    (202) 883-6293

    160 Total Sales

    5 in Potomac

    $903K - $2.2M Price Range

    Daniel Llerena
     Section Image
  • Meredith Margolis Real Estate Agent - Compass

    Meredith Margolis

    Compass

    (202) 902-9716

    257 Total Sales

    2 in Potomac

    $1.2M - $1.5M Price Range

    Meredith Margolis
     Section Image
  • Kurt Ha Real Estate Agent - CapStar Properties

    Kurt Ha

    CapStar Properties

    (240) 570-8820

    109 Total Sales

    3 in Potomac

    $1.1M - $1.5M Price Range

    Kurt Ha
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,065,000 Hallmark Title Inc
Behnam Mohammad A $400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $1,065,000 -10.9% --
07/10/2020 07/10/20 Pending -- -- --
06/07/2019 06/07/19 For Sale $1,195,000 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,814 $3,386,500 $857,000 $2,529,500
2024 $38,811 $3,344,300 $0 $0
2023 $14,374 $1,247,500 $1,247,500 $0
2022 $13,766 $1,247,500 $1,247,500 $0
2021 $13,754 $1,247,500 $1,247,500 $0
2020 $13,762 $1,247,500 $1,247,500 $0
2019 $13,756 $1,247,500 $1,247,500 $0
2018 $13,781 $1,247,500 $1,247,500 $0
2017 $14,349 $1,247,500 $0 $0
2016 $13,462 $1,247,500 $0 $0
2015 $13,462 $1,247,500 $0 $0
2014 $13,462 $1,247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Fleisher Real Estate Agent - Compass

    Seller's Agent in 2020

    Marc Fleisher

    Compass

    (202) 438-4880

    33 Total Sales

    Marc Fleisher
    Section Image
  • Daniel Heider Real Estate Agent - TTR Sotheby's International Realty

    Buyer's Agent in 2020

    Daniel Heider

    TTR Sotheby's International Realty

    (703) 785-7820

    433 Total Sales

    Daniel Heider
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC663462

Bright MLS

APN: 10-00854185

Maryland Montgomery County Potomac 20854

10040 Chapel Rd, Potomac, MD

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