NOT LISTED FOR SALE

10701 Burbank Dr Potomac, MD 20854

Potomac Area

Estimated Value: $2,898,000 - $3,720,462

7 Beds
9 Baths
11,630 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2012

Last sale price $2,100,000 $181 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $20,233 / mo

144 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Curved or Spiral Staircase
  • Potomac Elementary School Rated A
  • 2.29 Acre Lot
  • Colonial Architecture

About This Home

As of October 2012

Located in the heart of Potomac Village, this gracious & elegant estate is situated on 2+ acres. Among the many features are 7 bedrooms, 7 full baths, a mahogany library, 5 fireplaces, 2 half baths, a billiard room, total 5 car garage, heated swimming pool lighted fenced tennis court, garage, gazebos. This home offers lavish & sophisticated entertaining spaces as well as unique & fun family areas

Last Agent to Sell the Property

Mansour Akhavain

makhavain@realex.com Realex, Inc. Listed on: 04/13/2012

Last Buyer's Agent

Ross Conn

(410) 342-5263 ross@avenuerealestatellc.com Avenue Real Estate License #633650

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,697

Year Built

  • Built in 1997

Lot Details

  • 2.29 Acre Lot
  • Property is Fully Fenced
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 5 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • 5 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Library
  • Game Room
  • Workshop
  • Utility Room
  • Home Gym
  • Wood Flooring
  • Garden Views
  • Attic

Kitchen

  • Breakfast Room
  • Built-In Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Tennis Courts
  • Patio
  • Water Fountains
  • Terrace
  • Gazebo

Utilities

  • Electric Air Filter
  • Humidifier
  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Well
  • Oil Water Heater

Community Details

  • No Home Owners Association
  • Potomac Manor Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 161002999650
  • $2,276 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,697

Year Built

Built in 1997

Lot Details

2.29 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1997
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven - Wall, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Six Burner Stove, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Built-Ins, Crown Moldings, Curved Staircase, Window Treatments, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Foyer, Breakfast Room, Bedroom 1, Study, Exercise Room, Laundry, Utility Room, Workshop, Attic
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 11630
  • Living Area Sq Ft: 11630
  • Price Per Sq Ft: 331.74
  • Above Grade Finished Sq Ft: 7536
  • Below Grade Finished Sq Ft: 4094
  • Total Below Grade Sq Ft: 4094
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Gazebo
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Tennis Court(s), Water Fountains
  • Pool Features: In Ground
  • Roof: Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas, Oil
  • Heating Type: Central, Electric Air Filter, Zoned
  • Heating: Yes
  • Hot Water: Electric, Oil
  • Sewer/Septic System: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 1168400.00
  • Land Assessed Value: 793100.00
  • Lot Size Acres: 2.29
  • Lot Size Area: 99752
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 99752.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13993033
  • Tax Annual Amount: 23696.73
  • Assessor Parcel Number: 161002999650
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Front Foot Fee: 2276.50

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

Listed on
Apr 13, 2012
Closed on
Oct 9, 2012
Sold by
Bought by
Seller's Agent
Mansour Akhavain
Realex, Inc.
Buyer's Agent
Ross Conn
Avenue Real Estate
List Price
$2,500,000
Sold Price
$2,100,000
Premium/Discount to List
-$400,000
-16%
Current Estimated Value
$3,258,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,158,866
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,680,000
Interest Rate
0.0356%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2009
Sold by
Bought by

Purchase Details

Closed on
May 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$2,100,000 First American Title Insuran
-- --
-- --
-- --
-- --
-- --
-- --
-- --
$1,570,000 --
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 $100,000
Open $1,680,000
Previous Owner $1,002,000
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
10/09/2012 10/09/12 Sold $2,100,000 -16.0% $181 / Sq Ft
09/04/2012 09/04/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $2,500,000 -- $215 / 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 $30,336 $2,892,300 $802,100 $2,090,200
2024 $30,481 $2,585,167
2023 $24,959 $2,278,033 $0 $0
2022 $21,704 $1,970,900 $802,100 $1,168,800
2021 $21,597 $1,970,900 $802,100 $1,168,800
2020 $21,597 $1,970,900 $802,100 $1,168,800
2019 $23,441 $2,140,800 $912,100 $1,228,700
2018 $23,475 $2,140,800 $912,100 $1,228,700
2017 $23,908 $2,140,800 $0 $0
2016 $23,005 $2,164,100 $0 $0
2015 $23,005 $2,096,567 $0 $0
2014 $23,005 $2,029,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mansour Akhavain

    Realex, Inc.

  • Ross Conn

    Buyer's Agent in 2012

    Ross Conn

    Avenue Real Estate

    (301) 275-5509

    6 Total Sales

    Ross Conn
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Map

Source: Bright MLS

MLS Number: 1003941576

Bright MLS

APN: 10-02999650

Maryland Montgomery County Potomac 20854

10701 Burbank Dr, Potomac, MD

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