NOT LISTED FOR SALE

10500 Gainsborough Rd Potomac, MD 20854

Estimated Value: $1,181,000 - $1,316,000

4 Beds
4 Baths
2,688 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 19, 2013

Last sale price $740,000 $275 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,593/month

Highlights

  • Water Views
  • In Ground Pool
  • Secluded Lot
  • Bells Mill Elementary School Rated A
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of August 2013

Turn-key recently renovated COLONIAL on the Bethesda line BREATHES to the outside with 3 SETS Anderson sliders/french doors from DR/Kitchen/FR out to large flagstone patio w/salt water pool & private landscape . Bright white table space marble kitchen with new hardwoods. . 5 BR model made into 4 large BRs...CLOSE-in OFF DEMOCRACY JUST OVER THE BETHESDA LINE...5 MIN TO EVERYTHING

Last Agent to Sell the Property

Kurtis King

(301) 257-4125 realkurtis@aol.com Weichert, REALTORS License #24135 Listed on: 07/12/2013

Weichert, REALTORS

Last Buyer's Agent

Kathy Xu

(301) 254-3671 kathyxxu@gmail.com RE/MAX Realty Group License #579567

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,767

Year Built

  • Built in 1970

Lot Details

  • 9,749 Sq Ft Lot
  • Back Yard Fenced
  • Decorative Fence
  • Landscaped
  • Extensive Hardscape
  • Secluded Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Water Views
  • Flood Lights

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Oven or Range
  • Cooktop
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Windows

Outdoor Features

  • In Ground Pool
  • Patio
  • Terrace

Utilities

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

Community Details

  • No Home Owners Association
  • Bells Mill Village Subdivision, 5Br Model Turned In 4 Big Brs Floorplan

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 161000896008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,767

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Extra Refrigerator/Freezer, Oven - Double, Oven - Wall, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Family Room Off Kitchen, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Rough Bath Plumb, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Flood Lights
  • Pool Features: In Ground
  • Roof: Composite
  • View: Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

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

Utilities

  • Refuse: 213.76
  • 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, Electric
  • 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

  • Fencing: Decorative, Fully, Rear
  • Improvement Assessed Value: 382300.00
  • Land Assessed Value: 386800.00
  • Lot Features: Landscaping, Secluded
  • Lot Size Acres: 0.22
  • Lot Size Area: 9749
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9749.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983747
  • Tax Annual Amount: 7766.83
  • Assessor Parcel Number: 161000896008
  • Tax Lot: 13
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Sep 12, 2013
Sold by
Francescato Guido and Francescato Martha P
Bought by
Wang Xuan and Zhao Haoyu
Seller's Agent
Kurtis King
Weichert, REALTORS
Buyer's Agent
Kathy Xu
RE/MAX Realty Group
List Price
$735,000
Sold Price
$740,000
Premium/Discount to List
$5,000
0.68%
Current Estimated Value
$1,266,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,089
Avg. Annual Appreciation
4.50%
Original Mortgage
$592,000
Outstanding Balance
$441,769
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$824,320
Source: Public Records

Range of Values:

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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
Wang Xuan $740,000 Title One & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xuan $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2013 08/19/13 Sold $740,000 +0.7% $275 / Sq Ft
07/22/2013 07/22/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $735,000 -- $273 / 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 $11,587 $1,078,700 $386,800 $691,900
2024 $11,587 $967,667 $0 $0
2023 $9,177 $856,633 $0 $0
2022 $6,010 $745,600 $386,800 $358,800
2021 $7,823 $743,767 $0 $0
2020 $7,823 $741,933 $0 $0
2019 $7,787 $740,100 $386,800 $353,300
2018 $8,071 $765,267 $0 $0
2017 $7,994 $744,633 $0 $0
2016 -- $724,000 $0 $0
2015 $6,758 $705,700 $0 $0
2014 $6,758 $687,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kurtis King

    Seller's Agent in 2013

    Kurtis King

    Weichert Corporate

    (301) 257-4125

    9 in this area

    42 Total Sales

    Kurtis King
    Section Image
  • Kathy Xu

    Buyer's Agent in 2013

    Kathy Xu

    Remax Realty Group

    (301) 254-3671

    7 in this area

    136 Total Sales

    Kathy Xu
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003615920

Bright MLS

APN: 10-00896008

Maryland Montgomery County Potomac 20854

10500 Gainsborough Rd, Potomac, MD

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