NOT LISTED FOR SALE

10500 Beechknoll Ln Potomac, MD 20854

Estimated Value: $1,449,000 - $1,579,000

5 Beds
4.5 Baths
4,541 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,200,000 $264 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,875/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Wayside Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Be at Home with all the amenities of the true value of the truly magnificent real estate you deserve, do not look any further, this home has a lovely Potomac thing going for it and will not stay 48 hours on the market before it is sold. Let your buyers see the value of a good home. Upgrade galore in this home from the high 42 inches Cherry Cabinet to double stairs. Hardwood floors are galore in this home with stainless appliances. In-Law suite in the basement, great room, and many more options that are too long to list.

Last Agent to Sell the Property

Ola Famuyiwa

(301) 254-3810 olareal@leedsrealty.com Leeds Realty, Inc. License #316498 Listed on: 03/14/2021

Last Buyer's Agent

Nurit Coombe

(202) 318-3428 nurit@teamnurit.com The Agency DC License #533175

The Agency DC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,968

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Piney Glen Village Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 160403018901

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,968

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main
  • Year Built: 1999
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 5278
  • Living Area Sq Ft: 4541
  • Price Per Sq Ft: 385.68
  • Above Grade Finished Sq Ft: 3241
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 737
  • Total Below Grade Sq Ft: 2037
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 5
  • Lower Level 1 Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 4
  • Lower Levels Bathrooms: 3.00
  • Lower Levels 2 Bathrooms: 1.00
  • Lower Level Full Bathrooms: 4
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 523900.00
  • Land Assessed Value: 455400.00
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10994.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13834071
  • Tax Annual Amount: 10968.00
  • Assessor Parcel Number: 160403018901
  • Tax Lot: 26
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Mar 31, 2021
Sold by
Kuti Mofoluwaso Akinremi and Kuti Olabisi
Bought by
Falayi Oyefolahan and Falayi Omolara A
Seller's Agent
Ola Famuyiwa
Leeds Realty, Inc.
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Current Estimated Value
$1,491,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,419
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,020,000
Outstanding Balance
$922,407
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$569,012

Purchase Details

Listed on
Dec 15, 2016
Closed on
Dec 9, 2016
Sold by
Schaffer Evan J and Schaffer Tarayn I
Bought by
Kuti Mofoluwaso Akinrmi and Kuti Olabisi
Seller's Agent
Jacqueline Band-Olinger
Greystone Realty, LLC.
Buyer's Agent
Nurit Coombe
The Agency DC
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$880,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Johnson Todd S
Bought by
Schaffer Evan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Johnson Todd S
Bought by
Schaffer Evan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 1999
Sold by
Estate At Potomac Glen L P
Bought by
Johnson Todd S and Johnson H V
Source: Public Records

Range of Values:

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
Falayi Oyefolahan $1,200,000 Covenant Title & Escrow Llc
Kuti Mofoluwaso Akinrmi $1,100,000 None Available
Schaffer Evan J $1,092,000 --
Schaffer Evan J $1,092,000 --
Johnson Todd S $520,568 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falayi Oyefolahan $1,020,000
Previous Owner Kuti Mofoluwaso Akinrmi $880,000
Previous Owner Schaffer Evan J $300,000
Previous Owner Schaffer Evan J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $1,200,000 -4.0% $264 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $1,250,000 +13.6% $275 / Sq Ft
12/15/2016 12/15/16 Sold $1,100,000 0.0% $339 / Sq Ft View Prior Sale
12/15/2016 12/15/16 Pending -- -- --
12/15/2016 12/15/16 For Sale $1,100,000 -- $339 / 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 $12,636 $1,138,167 -- --
2024 $12,636 $1,058,733 $0 $0
2023 $11,011 $979,300 $455,400 $523,900
2022 $10,522 $979,300 $455,400 $523,900
2021 $10,463 $979,300 $455,400 $523,900
2020 $21,491 $1,006,800 $455,400 $551,400
2019 $10,277 $965,933 $0 $0
2018 $3,612 $925,067 $0 $0
2017 $10,436 $884,200 $0 $0
2016 $10,448 $868,800 $0 $0
2015 $10,448 $853,400 $0 $0
2014 $10,448 $838,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC748228

Bright MLS

APN: 04-03018901