NOT LISTED FOR SALE

10501 Chapel Rd Potomac, MD 20854

Potomac Area

Estimated Value: $5,901,083 - $7,215,000

8 Beds
15 Baths
23,727 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2021

Last sale price $5,000,000 $211 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $43,849 / mo

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • 3.77 Acre Lot
  • Potomac Elementary School Rated A
  • Commercial Range
  • Curved or Spiral Staircase

About This Home

As of January 2021

Home sold off market

Last Agent to Sell the Property

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 04/19/2021

Last Buyer's Agent

Wendy Banner

(301) 298-1001 Wendy@BannerTeam.com Compass License #90953

Compass

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,203

Year Built

  • Built in 2009

Lot Details

  • 3.77 Acre Lot
  • Property is Fully Fenced
  • Stone Retaining Walls
  • Landscaped
  • Extensive Hardscape
  • Corner Lot
  • Level Lot
  • Backs to Trees or Woods
  • Property is zoned RE2

Parking

  • 5 Car Attached Garage
  • Parking Storage or Cabinetry
  • Circular Driveway
  • Secure Parking

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Recessed Lighting
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Marble Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring
  • Natural lighting in basement

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Commercial Range
  • Range Hood
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras
  • Alarm System

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161000860107

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,203

Year Built

Built in 2009

Lot Details

3.77 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Mediterranean
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Oven - Wall, Range Hood, Washer
  • Interior Amenities: Built-Ins, Curved Staircase, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Window Treatments, Wood Floors
  • Fireplace Features: Mantel(s), Marble, Wood
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 24905
  • Living Area Sq Ft: 23727
  • Price Per Sq Ft: 298.92
  • Above Grade Finished Sq Ft: 16727
  • Below Grade Finished Sq Ft: 7000
  • Below Grade Sq Ft: 1178
  • Total Below Grade Sq Ft: 8178
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 15
  • Full Bathrooms: 10
  • Half Bathrooms: 5
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 6
  • Lower Levels Bathrooms: 5
  • Upper Level Bathrooms: 6.00
  • Lower Levels Bathrooms: 5.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 3
  • Lower Level Half Bathroom: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Stone Retaining Walls
  • Pool Features: Fenced, In Ground
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Paved Driveway, Secure Parking
  • Garage Features: Additional Storage Area
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Electric Alarm, Security Gate
  • 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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 6508200.00
  • Land Assessed Value: 1245800.00
  • Lot Features: Backs To Trees, Corner, Landscaping, Level
  • Lot Size Acres: 3.77
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 164221.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980402
  • Tax Annual Amount: 87203.00
  • Assessor Parcel Number: 161000860107
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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 19, 2021
Closed on
Jan 28, 2021
Sold by
S R S Potomac Llc
Bought by
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Wendy Banner
Compass
List Price
$5,000,000
Sold Price
$5,000,000
Current Estimated Value
$6,674,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,674,785
Avg. Annual Appreciation
4.94%
Original Mortgage
$3,000,000
Outstanding Balance
$2,618,543
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$3,931,485

Purchase Details

Closed on
Sep 10, 2001
Sold by
Konstantopoulos G T G and Konstantopoulos D I
Bought by
Srs Potomac Llc
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

  • Weiming Qi Real Estate Agent - Weichert, REALTORS

    Weiming Qi

    Weichert, REALTORS

    (240) 816-3553

    52 Total Sales

    2 in Potomac

    $925K - $1.6M Price Range

    Weiming Qi
     Section Image
  • Ian Tolino Real Estate Agent - Long & Foster Real Estate, Inc.

    Ian Tolino

    Long & Foster Real Estate, Inc.

    (240) 698-2583

    59 Total Sales

    1 in Potomac

    $675,000 Price

    Ian Tolino
     Section Image
  • Mr. Eric Stewart Real Estate Agent - Long & Foster Real Estate, Inc.

    Mr. Eric Stewart

    Long & Foster Real Estate, Inc.

    (240) 702-1551

    383 Total Sales

    96 in Potomac

    $341K - $2.4M Price Range

    Mr. Eric Stewart
     Section Image
  • Tracy Shively Real Estate Agent - Douglas Elliman of Metro DC, LLC - Washington

    Tracy Shively

    Douglas Elliman of Metro DC, LLC - Washington

    (571) 520-3997

    101 Total Sales

    1 in Potomac

    $2,435,000 Price

    Tracy Shively
     Section Image
  • Jean Pagan-Bullock Real Estate Agent - Long & Foster Real Estate, Inc.

    Jean Pagan-Bullock

    Long & Foster Real Estate, Inc.

    (202) 902-8123

    58 Total Sales

    2 in Potomac

    $799K - $1.3M Price Range

    Jean Pagan-Bullock
     Section Image
  • Patrick Mayo Real Estate Agent - RE/MAX Realty Centre, Inc.

    Patrick Mayo

    RE/MAX Realty Centre, Inc.

    (301) 417-5030

    43 Total Sales

    1 in Potomac

    $1,530,000 Price

    Patrick Mayo
     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
$5,000,000 Paragon Title & Escrow Co
Srs Potomac Llc $1,151,750 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $3,000,000
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
04/19/2021 04/19/21 For Sale $5,000,000 0.0% $211 / Sq Ft
01/28/2021 01/28/21 Sold $5,000,000 -- $211 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
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 $84,254 $7,246,800 $1,245,800 $6,001,000
2024 $78,440 $6,751,200 $0 $0
2023 $73,440 $6,255,600 $0 $0
2022 $63,516 $5,760,000 $1,245,800 $4,514,200
2021 $85,381 $5,760,000 $1,245,800 $4,514,200
2020 $172,176 $7,754,000 $1,245,800 $6,508,200
2019 $87,204 $7,860,500 $1,245,800 $6,614,700
2018 $86,835 $7,860,500 $1,245,800 $6,614,700
2017 $88,483 $7,860,500 $0 $0
2016 $92,404 $8,818,200 $0 $0
2015 $92,404 $11,588,033 $0 $0
2014 $92,404 $10,993,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750450

Bright MLS

APN: 10-00860107

Maryland Montgomery County Potomac 20854

10501 Chapel Rd, Potomac, MD

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