NOT LISTED FOR SALE

10120 Iron Gate Rd Potomac, MD 20854

Estimated Value: $3,945,285 - $4,161,000

2.39 Acres
$1,703,387 Price per Acre
104,108 Sq Ft Lot

Last Sold July 05, 2012

Last sale price $700,000

Est. 482% increase in value since last sale

Current estimated payment $24,554/month

About This Lot

As of July 2012

DRASTIC REDUCTION IN PRICE! BUILDING LOT PRESTIGOUS OLD CAMOTOP INSIDE THE VILLAGE. ADJOINING 5-7 MILLION DOLLAR HOMES.

Last Agent to Sell the Property

Moussa Moaadel

(301) 656-4000 palemeno@aol.com Moussa Moaadel, Inc., REALTORS Listed on: 04/13/2011

Co-Listed By

Sean Moaadel

(301) 675-1000 smoaadel@yahoo.com RE/MAX Town Center

Last Buyer's Agent

Sean Moaadel

(301) 675-1000 smoaadel@yahoo.com RE/MAX Town Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,497

Lot Details

  • 2.39 Acre Lot
  • No Building Permits
  • Property is zoned RE2

Utilities

  • Public Hookup Available For Sewer

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161003219650

Property Details

Property Type

Land

Est. Annual Taxes

$10,497

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 9.56

Utilities

  • Sewer/Septic System: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Land Assessed Value: 1022060.00
  • Lot Size Acres: 2.39
  • Lot Size Area: 104108
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104108.00
  • Possible Use: Residential
  • Year Assessed: 2010
  • Zoning: RE2

Tax Info

  • Assessor Parcel Number: 14072966
  • Tax Annual Amount: 10496.56
  • Assessor Parcel Number: 161003219650
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 11349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2011
Closed on
Jul 5, 2012
Sold by
Murphy Edward A and Murphy Virginia E
Bought by
Tavakoli Fariba A and Tavakoli Parvis A
Seller's Agent
Moussa Moaadel
Moussa Moaadel, Inc., REALTORS
Buyer's Agent
Sean Moaadel
RE/MAX Town Center
List Price
$1,295,000
Sold Price
$700,000
Premium/Discount to List
-$595,000
-45.95%
Current Estimated Value
$4,071,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,371,095
Avg. Annual Appreciation
14.14%

Purchase Details

Closed on
Sep 2, 1999
Sold by
Camberwell Properties Llc
Bought by
Murphy Edward A and Murphy E V
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Tavakoli Fariba A $700,000 Title Resources Guaranty Co
Murphy Edward A $715,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2012 07/05/12 Sold $700,000 -45.9% --
06/22/2012 06/22/12 Pending -- -- --
04/13/2011 04/13/11 For Sale $1,295,000 -- --
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 $38,441 $3,480,400 $765,600 $2,714,800
2024 $38,441 $3,218,833 $0 $0
2023 $34,667 $2,957,267 $0 $0
2022 $30,284 $2,695,700 $765,600 $1,930,100
2021 $30,117 $2,695,700 $765,600 $1,930,100
2020 $30,117 $2,695,700 $765,600 $1,930,100
2019 $41,932 $3,771,600 $830,300 $2,941,300
2018 $41,999 $3,771,600 $830,300 $2,941,300
2017 $42,761 $3,771,600 $0 $0
2016 -- $4,450,100 $0 $0
2015 $10,946 $1,022,000 $0 $0
2014 $10,946 $1,022,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moussa Moaadel

    Seller's Agent in 2012

    Moussa Moaadel

    Moussa Moaadel, Inc., REALTORS

    (301) 656-4000

    Moussa Moaadel
    Section Image

  • S

    Seller Co-Listing Agent in 2012

    Sean Moaadel

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1004385614

Bright MLS

APN: 10-03219650

Maryland Montgomery County Potomac 20854

10120 Iron Gate Rd, Potomac, MD

This home is located at 10120 Iron Gate Rd, Potomac, MD 20854 since 13 April 2011 and is currently estimated at $4,071,095. 10120 Iron Gate Rd is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

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