NOT LISTED FOR SALE

10120 Iron Gate Rd Potomac, MD 20854

Potomac Area

Estimated Value: $3,998,468

2.39 Acres
$1,672,999 Price per Acre
104,108 Sq Ft Lot

Sale Details

Date Sold: July 5, 2012

Last sale price $700,000

Est. 471% increase in value since last sale

Current estimated payment $24,629 / mo

436 Days on Market

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) 637-9762 smoaadel@yahoo.com RE/MAX Town Center

Last Buyer's Agent

Sean Moaadel

(301) 637-9762 smoaadel@yahoo.com RE/MAX Town Center

Range of Values:

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

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ICE

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First American

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Average Value
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List Price
Sold Price
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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

2.39 Acres

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
  • Zoning: RE2

Tax Info

  • Assessor Parcel Number: 14072966
  • Tax Annual Amount: 10496.56
  • Assessor Parcel Number: 161003219650
  • Tax Lot: 17

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
Apr 13, 2011
Closed on
Jul 5, 2012
Sold by
Murphy Edward A and Murphy Virginia E
Bought by
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
$3,998,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,298,468
Avg. Annual Appreciation
13.05%

Purchase Details

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

  • Gary Floyd Real Estate Agent - Samson Properties

    Gary Floyd

    Samson Properties

    (202) 471-1792

    56 Total Sales

    1 in Potomac

    $1,515,000 Price

    Gary Floyd
     Section Image
  • HRLS Partners Real Estate Agent - TTR Sotheby's International Realty

    HRLS Partners

    TTR Sotheby's International Realty

    (844) 537-5384

    252 Total Sales

    3 in Potomac

    $1.9M - $3.9M Price Range

    HRLS Partners
     Section Image
  • Liz Lavette Shorb Real Estate Agent - Washington Fine Properties, LLC

    Liz Lavette Shorb

    Washington Fine Properties, LLC

    (240) 621-1349

    111 Total Sales

    4 in Potomac

    $878K - $4M Price Range

    Liz Lavette Shorb
     Section Image
  • Phil Cefaratti Real Estate Agent - Potomac River, Realtors

    Phil Cefaratti

    Responds Quickly

    Potomac River, Realtors

    (202) 410-3556

    39 Total Sales

    1 in Potomac

    $341,000 Price

    Phil Cefaratti
     Section Image
  • Kristin Brillantes Real Estate Agent - Compass

    Kristin Brillantes

    Compass

    (667) 239-9788

    124 Total Sales

    1 in Potomac

    $920,000 Price

    Kristin Brillantes
     Section Image
  • Kari Wilner Real Estate Agent - TTR Sotheby's International Realty

    Kari Wilner

    TTR Sotheby's International Realty

    (240) 363-3247

    39 Total Sales

    11 in Potomac

    $1.2M - $3.4M Price Range

    Kari Wilner
     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
$700,000 Title Resources Guaranty Co
Murphy Edward A $715,000 --
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
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

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 $40,920 $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 Real Estate Agent - Moussa Moaadel, Inc., REALTORS

    Seller's Agent in 2012

    Moussa Moaadel

    Moussa Moaadel, Inc., REALTORS

    (301) 656-4000

    Moussa Moaadel
    Section Image

  • SM

    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

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