NOT LISTED FOR SALE

10611 Burbank Dr Potomac, MD 20854

Potomac Area

Estimated Value: $3,837,000

6.98 Acres
$549,713 Price per Acre
304,049 Sq Ft Lot

Sale Details

Date Sold: January 3, 2017

Last sale price $2,400,000 $903 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $25,008 / mo

59 Days on Market

About This Lot

As of January 2017

Please note total offering is 7 acres. Opportunity of a lifetime to build in this prestigious community, minutes to Potomac Village. Already subdivided for 3 lots, 10605 Burbank = 2.26 acres, 10611 Burbank = 2.65 acres, 10615 Burbank = 2.07 acres. Small easement on left side of property for neighbor to remove trash. See Survey in photos.

Last Agent to Sell the Property

Coley Reed

(240) 497-1700 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254 Listed on: 10/11/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Zelda Heller

(240) 497-1700 zeldaheller@zeldaheller.com Long & Foster Real Estate, Inc. License #304104

Last Buyer's Agent

Jimee Choi

(240) 370-1239 property8949@gmail.com Omni Properties

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Property Details

Property Type

  • Land

Lot Details

  • 6.98 Acre Lot
  • No Building Permits
  • Property is zoned RE2

Schools

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

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161000861033

Property Details

Property Type

Land

Lot Details

6.98 Acres

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 9.85

Exterior Features

  • 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: Public Hook/Up Avail
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

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

Schools

  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Improvement Assessed Value: 320900.00
  • Lot Size Acres: 6.98
  • Lot Size Area: 304049
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 304049.00
  • Possible Use: Residential
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980479
  • Assessor Parcel Number: 161000861033
  • County Tax Payment Frequency: Annually

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
Mar 24, 2004
Sold by
Banks Development Llc
Bought by
Current Estimated Value
$3,837,000

Purchase Details

Closed on
Jan 15, 2004
Sold by
Stewart Walter W
Bought by
Banks Development Llc

Purchase Details

Closed on
Aug 3, 1999
Sold by
Stewart Walter W
Bought by
Stewart Walter W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,850,000 --
Banks Development Llc $2,000,000 --
Stewart Walter W -- --
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
01/03/2017 01/03/17 Sold $2,400,000 -19.9% $903 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $2,995,000 -- $1,126 / Sq Ft
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
2024 -- $1,507,967 $0 $0
2023 $9,669 $1,487,333 $0 $0
2022 $9,258 $1,466,700 $1,231,100 $235,600
2021 $9,232 $1,466,700 $1,231,100 $235,600
2020 $9,232 $1,466,700 $1,231,100 $235,600
2017 $17,395 $1,541,000 $0 $0
2016 -- $1,552,000 $0 $0
2015 -- $1,521,033 $0 $0
2014 -- $1,490,067 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1002466139

Bright MLS

APN: 10-00861033

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