NOT LISTED FOR SALE

10605 Bit And Spur Ln Potomac, MD 20854

Estimated Value: $2,852,000 - $3,007,024

8 Beds
8.5 Baths
9,552 Sq Ft
$308/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $2,360,000 $247 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $17,714/month

Highlights

  • 2.39 Acre Lot
  • Colonial Architecture
  • No HOA
  • Potomac Elementary School Rated A
  • 4 Fireplaces
  • 2 Car Direct Access Garage

About This Home

As of October 2022

Welcome to 10605 Bit and Spur Lane nestled on a picturesque 2-acre lot in Potomac’s pocket of prestige. The perfect fusion of sophistication and comfort awaits you at this tastefully renovated and meticulously maintained estate. The two-story marble foyer greets you with a curved staircase that sweeps around a gleaming three-tiered Swarovski chandelier. The open concept effortlessly flows from the foyer to all of the main rooms of the home, delivering thoughtful design and the best of casual and formal living. The embassy-sized dining room is cleverly designed to host large seated dinner parties with ease. The dining room has the ability to double in size with discrete folding doors that open to an adjacent room. The recently renovated (2020) chef’s kitchen is a cook’s dream with a spacious center island, luxury stainless steel appliances, 5 burner stove, 2 touchless sinks and large walk-in pantry. Beautiful Volga Blue countertops from Ukraine and environmentally-friendly cabinetry in rich umber set the stage for the sun-lit eat in breakfast area with automatic blinds. The adjoining open concept family room features a stone wood burning fireplace and sliding doors that lead to the back patio. Custom plaster moldings adorn the walls of the living room with marble fireplace and the parlor/formal living room. Sunny main level bedroom with sliding door and full bath smartly tucked away for privacy. Abundant natural light pours in through the sliding doors and new windows that span the back of the house. Stylish plantation shutters enhance the front windows of the residence. The main and upper level are cloaked in attractive hardwood floors. The main level bedroom, mudroom and second staircase were added in the 2019 addition and remodel. Upstairs, French doors lead to the owner’s retreat with marble fireplace and two separate en-suite bathrooms. Each of the owners’ bathrooms has its own shower, antique laboradorite vanity, Toto smart toilet and walk-in closet. One bathroom also includes a soaking tub and extended vanity. Six additional spacious bedrooms with recently renovated bathrooms--two en-suite baths, one hall bath, a Jack-and-Jill bath and large closets. Enjoy the convenient upstairs laundry room with industrial sink and abundant storage space. Take either the main or secondary staircase to the lower level for generous entertaining and recreation space. A full footprint draped in wall-to-wall Berber carpet with ample seating areas, a wood burning fireplace, kitchenette, full bath and large storage room. Two additional rooms that can serve as an office, a gym, or one can be converted to a legal bedroom. The pond serves as the centerpiece of this expansive 2-acre lot that extends beyond the line of sight. Room for a pool, tennis or sport court and garden if desired. Circular driveway and spacious 2 car garage leading to mudroom. Unparalleled location in Potomac Village with quick access to the Beltway and DC.

Last Agent to Sell the Property

Jennifer Chow

(301) 213-5364 jennifer.chow@rlahre.com RLAH @properties License #651413 Listed on: 07/25/2022

RLAH @properties

Last Buyer's Agent

Eric Hovanky

(301) 537-5206 eric.hovanky@redfin.com Redfin Corp License #665319

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,852

Year Built

  • Built in 1980 | Remodeled in 2019

Lot Details

  • 2.39 Acre Lot
  • Property is zoned RE2

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Basement Windows

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Potomac Manor Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161001806551

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,852

Year Built

Built in 1980 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-07-25
  • Year Built: 1980
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 10605 Bit and Spur Lane nestled on a picturesque 2-acre lot in Potomac’s pocket of prestige. The perfect fusion of sophistication and comfort awaits you at this tastefully renovated and meticulously maintained estate. The two-story marble foyer greets you with a curved staircase that sweeps around a gleaming three-tiered Swarovski chandelier. The open concept effortlessly flows from the foyer to all of the main rooms of the home, delivering thoughtful design and the best of casual and formal living. The embassy-sized dining room is cleverly designed to host large seated dinner parties with ease. The dining room has the ability to double in size with discrete folding doors that open to an adjacent room. The recently renovated (2020) chef’s kitchen is a cook’s dream with a spacious center island, luxury stainless steel appliances, 5 burner stove, 2 touchless sinks and large walk-in pantry. Beautiful Volga Blue countertops from Ukraine and environmentally-friendly cabinetry in rich umber set the stage for the sun-lit eat in breakfast area with automatic blinds. The adjoining open concept family room features a stone wood burning fireplace and sliding doors that lead to the back patio. Custom plaster moldings adorn the walls of the living room with marble fireplace and the parlor/formal living room. Sunny main level bedroom with sliding door and full bath smartly tucked away for privacy. Abundant natural light pours in through the sliding doors and new windows that span the back of the house. Stylish plantation shutters enhance the front windows of the residence. The main and upper level are cloaked in attractive hardwood floors. The main level bedroom, mudroom and second staircase were added in the 2019 addition and remodel. Upstairs, French doors lead to the owner’s retreat with marble fireplace and two separate en-suite bathrooms. Each of the owners’ bathrooms has its own shower, antique laboradorite vanity, Toto smart toilet and walk-in closet. One bathroom also includes a soaking tub and extended vanity. Six additional spacious bedrooms with recently renovated bathrooms--two en-suite baths, one hall bath, a Jack-and-Jill bath and large closets. Enjoy the convenient upstairs laundry room with industrial sink and abundant storage space. Take either the main or secondary staircase to the lower level for generous entertaining and recreation space. A full footprint draped in wall-to-wall Berber carpet with ample seating areas, a wood burning fireplace, kitchenette, full bath and large storage room. Two additional rooms that can serve as an office, a gym, or one can be converted to a legal bedroom. The pond serves as the centerpiece of this expansive 2-acre lot that extends beyond the line of sight. Room for a pool, tennis or sport court and garden if desired. Circular driveway and spacious 2 car garage leading to mudroom. Unparalleled location in Potomac Village with quick access to the Beltway and DC.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 4
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Heated, Interior Access, Sump Pump, Windows
  • Total Sq Ft: 9799
  • Living Area Sq Ft: 9552
  • Price Per Sq Ft: 357.56
  • Above Grade Finished Sq Ft: 6852
  • Below Grade Finished Sq Ft: 2700
  • Below Grade Sq Ft: 247
  • Total Below Grade Sq Ft: 2947
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10605

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 6
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 6.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 6
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Stone
  • 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
  • Garage Features: Garage Door Opener, Inside Access, Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 843500.00
  • Land Assessed Value: 806300.00
  • Land Use Code: R
  • Lot Size Acres: 2.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104108.00
  • Year Assessed: 2022
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13987758
  • Tax Annual Amount: 18852.00
  • Assessor Parcel Number: 161001806551
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 9552
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Oct 26, 2022
Sold by
Kraskin Stephen G
Bought by
Shah Mohammed Saif and Shameema Sikder Shameema
Seller's Agent
Jennifer Chow
RLAH @properties
Buyer's Agent
Eric Hovanky
Redfin Corp
List Price
$2,450,000
Sold Price
$2,360,000
Premium/Discount to List
-$90,000
-3.67%
Views
67
Current Estimated Value
$2,945,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,506
Avg. Annual Appreciation
7.89%
Original Mortgage
$1,100,000
Outstanding Balance
$1,050,835
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$1,894,671

Purchase Details

Closed on
Apr 5, 2007
Sold by
Kim Ki C
Bought by
Kraskin Stephen G

Purchase Details

Closed on
Mar 23, 2007
Sold by
Kim Ki C
Bought by
Kraskin Stephen G
Source: Public Records

Range of Values:

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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
Shah Mohammed Saif $2,360,000 Title Forward
Shah Mohammed Saif $2,360,000 Title Forward
Kraskin Stephen G $1,825,000 --
Kraskin Stephen G $1,825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Mohammed Saif $1,100,000
Closed Shah Mohammed Saif $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $2,360,000 -3.7% $247 / Sq Ft
07/25/2022 07/25/22 For Sale $2,450,000 -- $256 / 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 $25,163 $2,360,000 $806,300 $1,553,700
2024 $25,163 $2,123,267 $0 $0
2023 $19,853 $1,724,833 $0 $0
2022 $18,160 $1,649,800 $806,300 $843,500
2021 $16,506 $1,649,800 $806,300 $843,500
2020 $16,506 $1,509,500 $806,300 $703,200
2019 $18,731 $1,713,700 $916,300 $797,400
2018 $18,757 $1,713,700 $916,300 $797,400
2017 $19,103 $1,713,700 $0 $0
2016 $17,407 $1,730,900 $0 $0
2015 $17,407 $1,676,967 $0 $0
2014 $17,407 $1,623,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2061608

Bright MLS

APN: 10-01806551