NOT LISTED FOR SALE

10608 Red Barn Ln Potomac, MD 20854

Estimated Value: $1,406,000 - $2,506,787

2 Acres
$1,018,348 Price per Acre
87,120 Sq Ft Lot

Sale Details

Date Sold: May 29, 2020

Last sale price $670,000

Est. 204% increase in value since last sale

Current estimated payment $12,912 / mo

25 Days on Market

Highlights

  • Scenic Views
  • Wayside Elementary School Rated A
  • Split Rail Fence

About This Lot

As of May 2020

Build your dream home on Potomac's spectacular Red Barn Lane. One of the prettiest and peaceful streets in Potomac with multimillion dollar homes and just the right amount of land. Two acre, rectangular cleared lot with sweeping views. Perked for 6 bedroom property. Enjoy open spaces and peaceful setting. Reduced from prior list price by over 300,000. Unbelievable opportunity!

Last Agent to Sell the Property

Karen Friedman

(301) 975-9500 karen.friedman@longandfoster.com Long & Foster Real Estate, Inc. License #SP98378444 Listed on: 04/11/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Bonnie Barker

(240) 497-1700 bonnie@bonniebarker.com Long & Foster Real Estate, Inc. License #0225207191

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Bonnie Barker

(240) 497-1700 bonnie@bonniebarker.com Long & Foster Real Estate, Inc. License #0225207191

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,680

Lot Details

  • 2 Acre Lot
  • Split Rail Fence
  • Property is zoned RE2

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Scenic Vista Views

Schools

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

Utilities

  • Public Hookup Available For Water
  • Perc Approved Septic
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • Association fees include road maintenance, snow removal

Listing and Financial Details

  • Tax Lot P1
  • Assessor Parcel Number 161000855098

Property Details

Property Type

Land

Est. Annual Taxes

$6,680

Lot Details

2 Acres

HOA Fees

$40 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-04-30
  • Special Features: VirtualTour

Interior Features

  • Price Per Sq Ft: 8.26

Exterior Features

  • Construction Completed: No
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic, Community Septic Tank, Private Septic Tank
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA Fees: 475.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WAYSIDE
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Fencing: Split Rail
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Possible Use: Residential
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980060
  • Tax Annual Amount: 6680.00
  • Assessor Parcel Number: 161000855098
  • Tax Lot: P1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

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

Closed on
Jun 17, 2021
Sold by
Bought by
Current Estimated Value
$2,036,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,396,500
Outstanding Balance
$1,258,342
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$778,355
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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

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
$1,995,000 Old Republic Natl Ttl Ins Co
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 $1,396,500
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
05/29/2020 05/29/20 Sold $670,000 -6.9% --
05/06/2020 05/06/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $720,000 -- --
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 $23,215 $1,964,200 $572,000 $1,392,200
2024 $23,408 $1,927,533 $0 $0
2023 $22,295 $1,890,867 $0 $0
2022 $20,965 $1,854,200 $572,000 $1,282,200
2020 -- $429,000 $429,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Friedman

    Seller's Agent in 2020

    Karen Friedman

    Long & Foster

    (301) 213-6327

    38 Total Sales

    Karen Friedman
    Section Image
  • Bonnie Barker

    Seller Co-Listing Agent in 2020

    Bonnie Barker

    Long & Foster

    (301) 785-3474

    12 Total Sales

    Bonnie Barker
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC703156

Bright MLS

APN: 10-03846626

Maryland Montgomery County Potomac 20854

10608 Red Barn Ln, Potomac, MD

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