NOT LISTED FOR SALE

10050 Counselman Rd Potomac, MD 20854

Estimated Value: $2,759,173 - $3,807,000

1.24 Acres
$2,572,414 Price per Acre
54,014 Sq Ft Lot

Sale Details

Date Sold: November 8, 2013

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

Est. 177% increase in value since last sale

Current estimated payment $19,634 / mo

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) 298-1001 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 07/13/2013

Compass

Co-Listed By

Ilene Gordon

(301) 298-1001 ilene@bannerteam.com Compass License #98372620

Last Buyer's Agent

Deborah Cheshire

(301) 516-1212 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

1.24 Acres

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

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
Jul 13, 2013
Closed on
Nov 11, 2013
Sold by
Bought by
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
$3,189,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,039,793
Avg. Annual Appreciation
8.42%
Original Mortgage
$1,716,000
Outstanding Balance
$1,280,721
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,909,072

Purchase Details

Closed on
Mar 17, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,060,000 Fidelity Natl Title Ins Co
$375,000 --
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 $1,716,000
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
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

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 $28,856 $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

    425 Total Sales

    Wendy Banner
    Section Image
  • Ilene Gordon

    Seller Co-Listing Agent in 2013

    Ilene Gordon

    Compass

    (301) 440-1060

    55 Total Sales

    Ilene Gordon
    Section Image
  • Deborah Cheshire

    Buyer's Agent in 2013

    Deborah Cheshire

    TTR Sotheby's International Realty

    (202) 288-9939

    67 Total Sales

    Deborah Cheshire
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003620496

Bright MLS

APN: 10-02740193

Maryland Montgomery County Potomac 20854

10050 Counselman Rd, Potomac, MD

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