NOT LISTED FOR SALE

10601 River Rd Potomac, MD 20854

Estimated Value: $1,728,802 - $2,662,000

6 Beds
4 Baths
3,480 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $1,700,000 $489 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,146/month

4 Days on Market

Highlights

  • 4.05 Acre Lot
  • Rambler Architecture
  • No HOA
  • Potomac Elementary School Rated A
  • 1 Fireplace
  • Level Entry For Accessibility

About This Home

As of May 2013

Spectacular opportunity to buy a GORGEOUS 4.05 LEVEL ACRE LOT in POTOMAC --- SECONDS TO POTOMAC VILLAGE, Property being SOLD in AS-IS condition, the LAND is where the value is....

Last Agent to Sell the Property

David Goldberg

(240) 702-2600 dave@goldberggrouppm.com Goldberg Group Real Estate License #587018 Listed on: 04/08/2013

Last Buyer's Agent

David Goldberg

(240) 702-2600 dave@goldberggrouppm.com Goldberg Group Real Estate License #587018 Listed on: 04/08/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,521

Year Built

  • Built in 1953

Lot Details

  • 4.05 Acre Lot
  • Property is in below average condition
  • Property is zoned RE2

Parking

  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Partially Finished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 4 Full Bathrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161000857918
  • $591 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,521

Year Built

Built in 1953

Lot Details

4.05 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 4

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 319750.00
  • Land Assessed Value: 1267100.00
  • Lot Size Acres: 4.05
  • Lot Size Area: 176418
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 176418.00
  • Property Condition: Below Average
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980268
  • Tax Annual Amount: 18520.84
  • Assessor Parcel Number: 161000857918
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Front Foot Fee: 591.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
May 31, 2013
Sold by
Aryco Llc
Bought by
Ahmed Muhsin Llc
Seller's Agent
David Goldberg
Goldberg Group Real Estate
Buyer's Agent
David Goldberg
Goldberg Group Real Estate
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Current Estimated Value
$2,112,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,267
Avg. Annual Appreciation
1.71%
Original Mortgage
$1,360,000
Outstanding Balance
$963,104
Interest Rate
3.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,149,163

Purchase Details

Closed on
Dec 1, 2011
Sold by
Malool Gholamali
Bought by
Aryco Llc

Purchase Details

Closed on
Apr 22, 2010
Sold by
Mcfadden Liesa I
Bought by
Malool Gholamali
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
Ahmed Muhsin Llc $1,700,000 Hutton Patt Title & Escrow L
Aryco Llc -- None Available
Malool Gholamali $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Muhsin Llc $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $1,700,000 -5.3% $489 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $1,795,000 -- $516 / 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 $1,870 $1,729,700 $1,257,600 $472,100
2024 $1,870 $1,708,500 $0 $0
2023 $1,837 $1,687,300 $0 $0
2022 $13,429 $1,666,100 $1,257,600 $408,500
2021 $3,706 $1,633,300 $0 $0
2020 $14,076 $1,600,500 $0 $0
2019 $1,794 $1,567,700 $1,257,600 $310,100
2018 $17,318 $1,567,700 $1,257,600 $310,100
2017 $1,786 $1,567,700 $0 $0
2016 $17,776 $1,573,900 $0 $0
2015 $17,776 $1,573,900 $0 $0
2014 $17,776 $1,575,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003439880

Bright MLS

APN: 10-00857918

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