NOT LISTED FOR SALE

10511 Rivers Bend Ln Potomac, MD 20854

Estimated Value: $2,603,000 - $3,144,000

6 Beds
7.5 Baths
9,655 Sq Ft
$299/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $1,800,000 $186 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $17,609/month

Highlights

  • Open Floorplan
  • Curved or Spiral Staircase
  • Private Lot
  • Potomac Elementary School Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of December 2013

WOW!!DRASTIC REDUCTION IN PRICE--MAJESTIC**TOLL HOUSE--ALL BRICK BUILT **LOADED W/OPTIONS IN HARD TO FIND MARWOOD /POTOMAC VIEW -9700 SQ.FT OF THREE FINISHED LEVELS- HUGE OPEN MARBLE FOYER W/2 SETOF STEPS-BDROOM WITH FULL BATH ON MAIN LEVEL- COMPLETE DECORATED-IN-LAW SUITE IN BASEMENT W/BEDROOM,LR AND FULL BATH, LEVEL WALK- INTO FENCED BACKYARD-- LUXURY MASTER--MOTIVATED SELLERS--READY TO CLOSE

Last Agent to Sell the Property

Kusum Mainigi

(301) 213-3799 kmainigi@yahoo.com Diamond Realty & Property Mgmnt Listed on: 08/15/2013

Last Buyer's Agent

Michelle Yu

(240) 888-5076 michelleyurealestate@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,035

Year Built

  • Built in 2005

Lot Details

  • 1.04 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Dual Staircase
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Window Treatments
  • Window Screens
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Country Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 161002959871
  • $1,935 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, snow removal, trash
  • Built by TOLL BROS
  • Henley//Wow Biggest

Recreation

  • Tennis Courts
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,035

Year Built

Built in 2005

Lot Details

0

HOA Fees

$208 per month

Parking

3

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: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Butlers Pantry, Kitchen - Country, Dining Area, Kitchen - Eat-In, Family Room Off Kitchen, Chair Railings, Crown Moldings, Curved Staircase, Double/Dual Staircase, Entry Level Bedroom, Upgraded Countertops, Master Bath(s), Window Treatments, Recessed Lighting, Floor Plan - Open
  • Window Features: Screens, Skylights
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Vaulted Ceilings, Cathedral Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, English, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 10855
  • Living Area Sq Ft: 9655
  • Price Per Sq Ft: 284.69
  • Above Grade Finished Sq Ft: 6955
  • Below Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 3900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Bump-Outs
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 208.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Snow Removal, Trash
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 1324800.00
  • Land Assessed Value: 803300.00
  • Lot Features: Backs To Trees, Cul-De-Sac, Landscaping, Private
  • Lot Size Acres: 1.04
  • Lot Size Area: 45320
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 45320.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: RE2C

Building Info

  • Builder Name: TOLL BROS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13992787
  • Tax Annual Amount: 24034.68
  • Assessor Parcel Number: 161002959871
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 7043
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/11/2013

Multi Family

  • Front Foot Fee: 1935.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Dec 11, 2013
Sold by
Beach Craig D and Beach Sherry M
Bought by
Wu Tung L and Wu Ming C
Seller's Agent
Kusum Mainigi
Diamond Realty & Property Mgmnt
Buyer's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
List Price
$2,290,000
Sold Price
$1,800,000
Premium/Discount to List
-$490,000
-21.4%
Current Estimated Value
$2,882,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,082,885
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Park Sue
Bought by
Beach Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2008
Sold by
Park Sue
Bought by
Beach Craig D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2005
Sold by
Toll Md Iv Ltd Ptnshp
Bought by
Park Sue

Purchase Details

Closed on
Feb 19, 2005
Sold by
Toll Md Iv Ltd Ptnshp
Bought by
Park Sue

Purchase Details

Closed on
Oct 4, 1995
Sold by
Lucente Edward E
Bought by
Shahabadi M H
Source: Public Records

Range of Values:

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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
Wu Tung L $1,800,000 Rgs Title Llc
Beach Craig D $2,320,000 --
Beach Craig D $2,320,000 --
Park Sue $2,373,211 --
Park Sue $2,373,211 --
Park Sue $2,373,211 --
Park Sue $2,373,211 --
Shahabadi M H $3,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beach Craig D $1,500,000
Previous Owner Beach Craig D $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $1,800,000 -9.1% $186 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
09/06/2013 09/06/13 Price Changed $1,980,000 -13.5% $205 / Sq Ft
08/15/2013 08/15/13 For Sale $2,290,000 -- $237 / 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 $25,406 $2,178,100 $725,200 $1,452,900
2024 $25,406 $2,144,300 $0 $0
2023 $24,296 $2,110,500 $0 $0
2022 $16,738 $2,076,700 $725,200 $1,351,500
2021 $21,046 $1,998,867 $0 $0
2020 $10,024 $1,921,033 $0 $0
2019 $20,159 $1,843,200 $725,200 $1,118,000
2018 $20,188 $1,843,200 $725,200 $1,118,000
2017 $10,207 $1,843,200 $0 $0
2016 $22,384 $2,165,300 $0 $0
2015 $22,384 $2,152,900 $0 $0
2014 $22,384 $2,140,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003680868

Bright MLS

APN: 10-02959871