Seller's Agent in 2016
Delia McCormick
Washington Fine Properties, LLC
(301) 977-7273
14 in this area
143 Total Sales
10101 Gary Rd Potomac, MD 20854
Estimated Value: $2,250,199 - $2,569,000
1.38
Acres
$1,779,033
Price per Acre
60,113
Sq Ft Lot
Highlights
- 1.38 Acre Lot
- Premium Lot
- No HOA
- Morton Elementary School Rated A-
- Backs to Trees or Woods
About This Lot
As of November 2016Price Reduced! Incredible opportunity to build your dream home on picturesque 1.39 acre lot within walking distance of Village. Exceptionally deep lot, surrounded by multi-million dollar homes. The home is a tear down being sold strictly "As Is". Public water hook-up available. Value is in the land.
Last Agent to Sell the Property
(301) 977-7273 delia.mccormick@wfp.com Washington Fine Properties, LLC License #510027 Listed on: 09/29/2015
Co-Listed By
(202) 360-3455 john.gregory@wfp.com Washington Fine Properties, LLC License #578132
Last Buyer's Agent
(443) 286-3969 pat.klug@EVrealestate.com Engel & Völkers Annapolis License #534335
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,839
Lot Details
- 1.38 Acre Lot
- No Through Street
- Premium Lot
- Backs to Trees or Woods
- No Building Permits
- Property is zoned R200
Utilities
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Potomac Hills Subdivision
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 161000870037
- $289 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2015
Closed on
Nov 28, 2016
Sold by
Dart James L
Bought by
Kachoria Rajesh and Kachoria Mishta
Seller's Agent
Delia McCormick
Washington Fine Properties, LLC
Buyer's Agent
Pat Klug
Engel & Völkers Annapolis
List Price
$1,195,000
Sold Price
$938,438
Premium/Discount to List
-$256,562
-21.47%
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
$1,516,628
Avg. Annual Appreciation
11.10%
Original Mortgage
$1,100,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Kachoria Rajesh | $938,438 | First Excel Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kachoria Rajesh | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2016 11/28/16 | Sold | $938,438 | -21.5% | $459 / Sq Ft |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 09/29/2015 09/29/15 | For Sale | $1,195,000 | -- | $584 / Sq Ft |
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 | $21,190 | $1,716,300 | $591,100 | $1,125,200 |
| 2024 | $21,190 | $1,716,300 | $591,100 | $1,125,200 |
| 2023 | $20,476 | $1,716,300 | $591,100 | $1,125,200 |
| 2022 | $22,033 | $1,934,800 | $591,100 | $1,343,700 |
| 2021 | $21,887 | $1,928,333 | $0 | $0 |
| 2020 | $21,796 | $1,921,867 | $0 | $0 |
| 2019 | $21,698 | $1,915,400 | $591,100 | $1,324,300 |
| 2018 | $7,791 | $591,100 | $591,100 | $0 |
| 2017 | $9,285 | $868,133 | $0 | $0 |
| 2016 | -- | $833,100 | $0 | $0 |
| 2015 | $8,558 | $825,433 | $0 | $0 |
| 2014 | $8,558 | $817,767 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Delia McCormick
-
John Gregory
Seller Co-Listing Agent in 2016
John Gregory
Washington Fine Properties, LLC
(202) 360-3455
1 in this area
19 Total Sales
-
Pat Klug
Buyer's Agent in 2016
Pat Klug
Engel & Völkers Annapolis
(443) 286-3969
11 Total Sales
Map
Source: Bright MLS
MLS Number: 1002378423
APN: 10-00870037
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