NOT LISTED FOR SALE

10050 Counselman Rd Potomac, MD 20854

Estimated Value: $2,658,914 - $3,738,000

1.24 Acres
$2,511,072 Price per Acre
54,014 Sq Ft Lot

Last Sold November 08, 2013

Last sale price $1,150,000 $603 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $18,688/month

69 Days on Market

About This Lot

As of November 2013

Build your dream home with award winning Sandy Spring Builders! A wide variety of floor plans available. Stunning 1.24 acre lot in the heart of Potomac Village. Steps from shops, restaurants, library, places of worship. Close to major transportation and Washington, DC. Don't miss this rare opportunity to live in a Sandy Spring home on one of the most desirable streets in close-in Potomac!

Last Agent to Sell the Property

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 07/13/2013

Compass

Co-Listed By

Ilene Gordon

(301) 440-1060 ilene@bannerteam.com Compass License #98372620

Last Buyer's Agent

Deborah Cheshire

(202) 288-9939 dcheshire@ttrsir.com TTR Sotheby's International Realty License #0225163465

TTR Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,312

Lot Details

  • 1.24 Acre Lot
  • Building Permit Application Pending Approval
  • Property is zoned R200

Utilities

  • Cooling System Utilizes Natural Gas

Community Details

  • No Home Owners Association
  • Potomac Village Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161002740193

Property Details

Property Type

Land

Est. Annual Taxes

$9,312

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 22.11

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: 213.76
  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 162400.00
  • Lot Size Acres: 1.24
  • Lot Size Area: 54149
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 54149.00
  • Possible Use: Residential
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13991960
  • Tax Annual Amount: 9311.56
  • Assessor Parcel Number: 161002740193
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2013
Closed on
Nov 11, 2013
Sold by
Cohen Neil D and Cohen Marcella E
Bought by
Ramanujam Nandakumar and Magge Sheela N
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Deborah Cheshire
TTR Sotheby's International Realty
List Price
$1,197,500
Sold Price
$1,150,000
Premium/Discount to List
-$47,500
-3.97%
Current Estimated Value
$3,113,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963,729
Avg. Annual Appreciation
8.54%
Original Mortgage
$1,716,000
Outstanding Balance
$1,280,721
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,833,008

Purchase Details

Closed on
Mar 17, 1998
Sold by
B Eric I and B Goldbery R
Bought by
D Marcella E and D Cohen N
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramanujam Nandakumar $1,060,000 Fidelity Natl Title Ins Co
D Marcella E $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramanujam Nandakumar $1,716,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $1,150,000 -4.0% $603 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $1,197,500 -- $628 / 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 $29,066 $2,710,000 $624,600 $2,085,400
2024 $29,066 $2,421,133 $0 $0
2023 $23,816 $2,132,267 $0 $0
2022 $14,858 $1,843,400 $624,600 $1,218,800
2021 $19,964 $1,777,567 $0 $0
2020 $11,470 $1,711,733 $0 $0
2019 $13,063 $1,645,900 $624,600 $1,021,300
2018 $13,018 $1,606,333 $0 $0
2017 $11,791 $1,566,767 $0 $0
2016 -- $624,600 $0 $0
2015 $8,943 $624,600 $0 $0
2014 $8,943 $764,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Banner

    Seller's Agent in 2013

    Wendy Banner

    Compass

    (301) 365-9090

    94 in this area

    488 Total Sales

    Wendy Banner
    Section Image
  • Ilene Gordon

    Seller Co-Listing Agent in 2013

    Ilene Gordon

    Compass

    (301) 440-1060

    12 in this area

    52 Total Sales

    Ilene Gordon
    Section Image
  • Deborah Cheshire

    Buyer's Agent in 2013

    Deborah Cheshire

    TTR Sotheby's International Realty

    (202) 288-9939

    2 in this area

    80 Total Sales

    Deborah Cheshire
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003620496

Bright MLS

APN: 10-02740193

Maryland Montgomery County Potomac 20854

10050 Counselman Rd, Potomac, MD

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes