NOT LISTED FOR SALE

10700 Lockland Rd Potomac, MD 20854

Potomac Area

Estimated Value: $2,361,000 - $2,880,496

6 Beds
3.5 Baths
3,074 Sq Ft
$840/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2018

Last sale price $1,425,000 $464 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $16,227 / mo

28 Days on Market

Highlights

  • 1.89 Acre Lot
  • Dutch Architecture
  • No HOA
  • Potomac Elementary School Rated A
  • 3 Fireplaces
  • 2 Car Detached Garage

About This Home

As of March 2018

This 4 ACRE offering is actually 2 separate lots/ addresses: 10700 & 10704. THEY WILL NOT BE SOLD SEPARATELY. Both are zoned RE2 at just under 2 acres, as was the Family's 3rd lot,10708, which was sold in 2010 zoned RE2 with no issue at just under 2 acres as well. The house is strictly in "AS IS" condition. INCREDIBLE "in-Village" locale. Nestled amongst mature trees, pasture-like fields beckon.

Last Agent to Sell the Property

Matthew G. Smith

mgs@lnf.com Long & Foster Real Estate, Inc. Listed on: 01/29/2018

Last Buyer's Agent

Matthew G. Smith

mgs@lnf.com Long & Foster Real Estate, Inc. Listed on: 01/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,424

Year Built

  • Built in 1965

Lot Details

  • 1.89 Acre Lot
  • Property is zoned RE2

Parking

  • 2 Car Detached Garage

Home Design

  • Dutch Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Exterior Basement Entry
  • Basement with some natural light

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Heating
  • Heating System Uses Natural Gas
  • Public Hookup Available For Water
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161000860701

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,424

Year Built

Built in 1965

Lot Details

1.89 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Dutch
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1965
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In, Dining Area
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, Daylight, Partial
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main 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: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas Available, Bottled Gas/Propane
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Water Source: Public Hook-Up Available, Well

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 335200.00
  • Land Assessed Value: 871000.00
  • Lot Size Acres: 1.89
  • Lot Size Area: 82328
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 82328.00
  • Property Attached Yn: No
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980453
  • Tax Annual Amount: 14423.82
  • Assessor Parcel Number: 161000860701
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

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
May 25, 2018
Sold by
Bought by
Current Estimated Value
$2,582,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,000
Interest Rate
0.0375%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 29, 2018
Closed on
Mar 12, 2018
Sold by
Bought by
Seller's Agent
Matthew G. Smith
Long & Foster Real Estate, Inc.
Buyer's Agent
Matthew G. Smith
Long & Foster Real Estate, Inc.
List Price
$1,950,000
Sold Price
$1,425,000
Premium/Discount to List
-$525,000
-26.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Jul 25, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$800,000 Lakeside Title Co
$712,500 Lakeside Title 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 $1,296,500
Closed $1,300,000
Closed $1,596,000
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
03/12/2018 03/12/18 Sold $1,425,000 -26.9% $464 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $1,950,000 -- $634 / 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
2025 $25,896 $2,060,900 $871,000 $1,189,900
2024 $26,480 $2,060,900 $871,000 $1,189,900
2023 $25,759 $2,060,900 $871,000 $1,189,900
2022 $26,266 $2,200,000 $871,000 $1,329,000
2021 $26,243 $2,200,000 $871,000 $1,329,000
2020 $14,753 $2,498,000 $871,000 $1,627,000
2019 $10,191 $1,178,600 $871,000 $307,600
2018 $13,598 $1,178,600 $871,000 $307,600
2017 $13,732 $1,178,600 $0 $0
2016 -- $1,206,200 $0 $0
2015 $12,601 $1,206,200 $0 $0
2014 $12,601 $1,206,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Matthew G. Smith

    Long & Foster

See All Agents

Map

Source: Bright MLS

MLS Number: 1005646259

Bright MLS

APN: 10-00860701

Maryland Montgomery County Potomac 20854

10700 Lockland Rd, Potomac, MD

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