NOT LISTED FOR SALE

10601 Rivers Bend Ct Potomac, MD 20854

Estimated Value: $2,318,496 - $2,514,000

6 Beds
5.5 Baths
-- Sq Ft
1.02 Acres

Last Sold June 02, 2017

Last sale price $1,606,500

Est. 51% increase in value since last sale

Current estimated payment $14,987/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Family Room Off Kitchen
  • Potomac Elementary School Rated A
  • 1 Fireplace
  • Butlers Pantry

About This Home

As of June 2017

Elegant Potomac Mansion of sought after Marwood .... HOME ON PRIVATE CUL-DE-SAC LOT FEATURES EXPANSIVE 2 STORY FOYER W/ DUAL STAIRCASE, DRAMATIC 2 STORY GREAT ROOM, SUN-FILLED MORNING RM W/ ACCESS TO ELEGANT LR, DR, BUTLER'S ....... .FOUR CAR ....MAIN LEVEL IN-LAW SUIT W/FULL BATH.... ......WON'T LAST LONG .....CALL KEITH TATE FOR APPOINTMENT

Last Agent to Sell the Property

keith tate

(301) 728-1050 keithtate@taterealestates.com Smart Realty, LLC Listed on: 03/11/2017

Smart Realty, LLC

Last Buyer's Agent

Chuansheng Zhu

(202) 656-7766 trent@dmvhome.com Signature Home Realty LLC License #0225202566

Signature Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,795

Year Built

  • Built in 2005

Lot Details

  • 1.02 Acre Lot
  • Property is zoned RE2C

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Butlers Pantry

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Connecting Stairway
  • Rear Basement Entry

Utilities

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

Community Details

  • Marwood Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161002959791

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,795

Year Built

Built in 2005

Lot Details

0

HOA Fees

$260 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2005
  • Remarks Public: Elegant Potomac Mansion of sought after Marwood .... HOME ON PRIVATE CUL-DE-SAC LOT FEATURES EXPANSIVE 2 STORY FOYER W/ DUAL STAIRCASE, DRAMATIC 2 STORY GREAT ROOM, SUN-FILLED MORNING RM W/ ACCESS TO ELEGANT LR, DR, BUTLER'S ....... .FOUR CAR ....MAIN LEVEL IN-LAW SUIT W/FULL BATH.... ......WON'T LAST LONG .....CALL KEITH TATE FOR APPOINTMENT
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Butlers Pantry, Family Room Off Kitchen, Kitchen - Gourmet, Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 10601

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 260.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 865400.00
  • Land Assessed Value: 723700.00
  • Lot Size Acres: 1.02
  • Lot Size Area: 44358
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44358.00
  • Property Attached Yn: No
  • Year Assessed: 2017
  • Zoning: RE2C

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13992779
  • Tax Annual Amount: 21795.27
  • Assessor Parcel Number: 161002959791
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 5875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/02/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2017
Closed on
Jun 2, 2017
Sold by
U S Bank Na
Bought by
Xiong Qiong and Feng Xiaoming
Seller's Agent
keith tate
Smart Realty, LLC
Buyer's Agent
Chuansheng Zhu
Signature Home Realty LLC
List Price
$1,700,000
Sold Price
$1,606,500
Premium/Discount to List
-$93,500
-5.5%
Current Estimated Value
$2,430,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,124
Avg. Annual Appreciation
4.79%
Original Mortgage
$900,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2016
Sold by
Yu Jonathan K and Lee Sung S
Bought by
Us Bank National Association and Citigroup Mortgage Loan Trust

Purchase Details

Closed on
Oct 28, 2005
Sold by
Toll Md Iv Ltd Ptnshp
Bought by
Yu Jonathan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 22, 2005
Sold by
Toll Md Iv Ltd Ptnshp
Bought by
Yu Jonathan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 1998
Sold by
Potomac Hldng Mgmt Grp Llc
Bought by
Hallmark Development L L C
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
Xiong Qiong $1,605,500 Gemini Title & Escrow Llc
Us Bank National Association $1,721,601 None Available
Yu Jonathan K $2,285,656 --
Yu Jonathan K $2,285,656 --
Yu Jonathan K $2,285,656 --
Yu Jonathan K $2,285,656 --
Hallmark Development L L C $2,920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiong Qiong $900,000
Closed Xiong Qiong $900,000
Previous Owner Yu Jonathan K $10,000
Previous Owner Yu Jonathan K $1,483,000
Previous Owner Yu Jonathan K $10,000
Previous Owner Yu Jonathan K $1,483,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2017 06/02/17 Sold $1,606,500 -5.5% --
04/13/2017 04/13/17 Pending -- -- --
03/11/2017 03/11/17 For Sale $1,700,000 -- --
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 $22,085 $1,890,900 $723,700 $1,167,200
2024 $22,085 $1,855,833 $0 $0
2023 $20,958 $1,820,767 $0 $0
2022 $19,660 $1,785,700 $723,700 $1,062,000
2021 $18,108 $1,720,167 $0 $0
2020 $18,108 $1,654,633 $0 $0
2019 $17,357 $1,589,100 $723,700 $865,400
2018 $17,381 $1,589,100 $723,700 $865,400
2017 $17,702 $1,589,100 $0 $0
2016 $19,146 $1,852,300 $0 $0
2015 $19,146 $1,843,433 $0 $0
2014 $19,146 $1,834,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002496499

Bright MLS

APN: 10-02959791