NOT LISTED FOR SALE

10700 Alloway Dr Potomac, MD 20854

Estimated Value: $2,984,283 - $3,096,000

4 Beds
4.5 Baths
6,035 Sq Ft
$505/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,710,000 $283 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $17,401/month

29 Days on Market

Highlights

  • Private Pool
  • 2.25 Acre Lot
  • 1 Fireplace
  • Morton Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of April 2024

Welcome to the highly-sought after Potomac Falls, the neighborhood you have always dreamed of! Walk through tree-lined streets to enjoy the tranquility and sights of beautiful estate homes. There’s a great sense of community within this extraordinary neighborhood. 10700 Alloway Dr offers over 2 Acres of flat land living with a pool, privacy fence, and space for additional expansions. Imagine the possibilities! Enter the inviting foyer nestled between the formal living and dining rooms. The open floor plan family room and kitchen is warm and sun filled. Every room offers picturesque views of the front yard, backyard or both. The main level primary suite boasts a large 17x17 sitting area, a 23x18 bedroom, 3 walk-in closets, dressing area and ensuite bath. The upper level offers a second primary ensuite bedroom, 2 guest rooms, and full bath. Don’t miss the storage areas! The renovated bathrooms are timeless! The lower level recreation room is spacious, bright, and walks up for backyard enjoyment. Complete this lower level as an in-law / au pair suite, or exercise studio with a full bath. A newer home generator is just one incredible benefit of this home. This peaceful neighborhood borders the beautiful C&O National Park and yet is only one mile from Potomac Village. Close to the Nation's Capital. Voluntary HOA. An incredible opportunity to own one of these beautiful estates won’t last long, this is a Must-See! Some pictures are virtually staged

Last Agent to Sell the Property

Marie Tongol

(301) 660-6688 marie.tongol@gmail.com TTR Sotheby's International Realty License #0225266903 Listed on: 03/19/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Denise McGowan

(240) 472-4526 denise.mcgowan@compass.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,952

Year Built

  • Built in 1972

Lot Details

  • 2.25 Acre Lot
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Basement

  • Connecting Stairway
  • Crawl Space

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Potomac Falls Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 161000879072

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,952

Year Built

Built in 1972

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: 2024-03-19
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 6035
  • Living Area Sq Ft: 6035
  • Price Per Sq Ft: 448.41
  • Above Grade Finished Sq Ft: 4235
  • Below Grade Finished Sq Ft: 1800
  • Total Below Grade Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • 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: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 2.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 98010.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16952.00
  • Assessor Parcel Number: 161000879072
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 29, 2024
Sold by
Shorb Erik B
Bought by
Cosgrove Enterprises Llc
Seller's Agent
Marie Tongol
TTR Sotheby's International Realty
Buyer's Agent
Denise McGowan
Compass
List Price
$1,995,000
Sold Price
$1,710,000
Premium/Discount to List
-$285,000
-14.29%
Views
477
Current Estimated Value
$3,049,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,339,428
Avg. Annual Appreciation
40.82%
Original Mortgage
$1,710,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 19, 2018
Sold by
Alice J Crockett Mary and Crockett Edward D
Bought by
Shorb Erik B
Seller's Agent
Adaline Neely
Washington Fine Properties, LLC
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$880,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cosgrove Enterprises Llc $1,710,000 None Listed On Document
Cosgrove Enterprises Llc $1,710,000 None Listed On Document
Shorb Erik B $1,100,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cosgrove Enterprises Llc $1,710,000
Previous Owner Shorb Erik B $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2024 04/29/24 Sold $1,710,000 -10.0% $283 / Sq Ft
04/02/2024 04/02/24 Price Changed $1,899,000 -4.8% $315 / Sq Ft
03/19/2024 03/19/24 For Sale $1,995,000 +81.4% $331 / Sq Ft
10/19/2018 10/19/18 Sold $1,100,000 -4.3% $182 / Sq Ft View Prior Sale
09/13/2018 09/13/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $1,150,000 0.0% $191 / Sq Ft
09/06/2018 09/06/18 For Sale $1,150,000 -- $191 / 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 $17,466 $1,556,300 $910,500 $645,800
2024 $17,466 $1,454,633 -- --
2023 $16,952 $1,352,967 $0 $0
2022 $13,763 $1,251,300 $910,500 $340,800
2021 $13,689 $1,251,300 $910,500 $340,800
2020 $13,658 $1,251,300 $910,500 $340,800
2019 $15,482 $1,419,100 $1,014,500 $404,600
2018 $15,503 $1,419,100 $1,014,500 $404,600
2017 $16,216 $1,419,100 $0 $0
2016 -- $1,427,400 $0 $0
2015 $14,200 $1,406,233 $0 $0
2014 $14,200 $1,385,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2121136

Bright MLS

APN: 10-00879072