NOT LISTED FOR SALE

10500 S Glen Rd Potomac, MD 20854

Estimated Value: $1,364,000 - $2,073,000

4 Beds
3 Baths
2,498 Sq Ft
$683/Sq Ft Est. Value

Last Sold August 15, 2017

Last sale price $1,215,000 $486 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,256/month

132 Days on Market

Highlights

  • Scenic Views
  • 4.74 Acre Lot
  • Premium Lot
  • Potomac Elementary School Rated A
  • Colonial Architecture
  • Backs to Trees or Woods

About This Home

As of August 2017

EXCEPTIONAL 4.7 AC LOT with EASY access to I-495, DC & VA. Teardown, the value is in the LAND. Brick Rancher is tenant occupied, don't drive up driveway without APPT. Covenants & Restrictions do NOT allow for subdivision. Seller got PERC approval for 6 BR house and Sewer Category Change approval. Buyer's choice; New Perc or extend & hook up to Public Sewer. Gas & Water in front of property.

Last Agent to Sell the Property

Michelle Lebling Camp

(301) 299-6000 Michelle.Lebling@LNF.com Long & Foster Real Estate, Inc. License #74269 Listed on: 02/17/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Chang

(301) 975-9500 michaelkjchang@gmail.com Long & Foster Real Estate, Inc. License #635874

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,175

Year Built

  • Built in 1955

Lot Details

  • 4.74 Acre Lot
  • Partially Fenced Property
  • Premium Lot
  • Cleared Lot
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Dining Area
  • Scenic Vista Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Patio

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161000856003

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,175

Year Built

Built in 1955

Lot Details

4.74 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1955
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Table Space
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • View: Scenic Vista
  • View: Yes
  • 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
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air, Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 113500.00
  • Land Assessed Value: 1286500.00
  • Lot Features: Cleared, Backs To Trees, Premium
  • Lot Size Acres: 4.74
  • Lot Size Area: 206474
  • Lot Dimensions: LotLength:703
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 206474.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Topography: Level
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980121
  • Tax Annual Amount: 16174.75
  • Assessor Parcel Number: 161000856003
  • Tax Lot: 16
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Aug 15, 2017
Sold by
Daphne Enterprsies Llc
Bought by
Li Xiao and Pei Chen Cheng
Seller's Agent
Michelle Lebling Camp
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Chang
Long & Foster Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,215,000
Premium/Discount to List
-$80,000
-6.18%
Current Estimated Value
$1,705,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,777
Avg. Annual Appreciation
4.02%
Original Mortgage
$600,000
Outstanding Balance
$497,790
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,207,987

Purchase Details

Closed on
Jun 22, 2009
Sold by
Ry L L
Bought by
Daphne Enterprises Llc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Bank Of America Trustee
Bought by
Landry Daphne F

Purchase Details

Closed on
Apr 28, 2008
Sold by
Ry L L
Bought by
Bank Of America Trustee

Purchase Details

Closed on
Apr 14, 2008
Sold by
Ry L L
Bought by
Bank Of America Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Xiao $1,215,000 Title Town Settlement Llc
Daphne Enterprises Llc -- --
Landry Daphne F -- --
Bank Of America Trustee -- --
Bank Of America Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Xiao $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2017 08/15/17 Sold $1,215,000 -6.2% $486 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $1,295,000 -- $518 / Sq Ft
Source: Bright MLS

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 $15,398 $1,309,000 $953,600 $355,400
2024 $15,398 $1,269,733 $0 $0
2023 $15,601 $1,230,467 $0 $0
2022 $9,601 $1,191,200 $953,600 $237,600
2021 $13,055 $1,191,200 $953,600 $237,600
2020 $26,110 $1,191,200 $953,600 $237,600
2019 $15,332 $1,400,000 $1,286,500 $113,500
2018 $15,352 $1,400,000 $1,286,500 $113,500
2017 $16,653 $1,400,000 $0 $0
2016 $16,388 $1,400,000 $0 $0
2015 $16,388 $1,400,000 $0 $0
2014 $16,388 $1,500,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002488439

Bright MLS

APN: 10-00856003

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