NOT LISTED FOR SALE

10812 Red Barn Ln Potomac, MD 20854

Estimated Value: $4,138,002 - $5,475,000

2.05 Acres
$2,398,700 Price per Acre
89,298 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $885,000

Est. 456% increase in value since last sale

Current estimated payment $30,743/month

300 Days on Market

Highlights

  • Pasture Views
  • Premium Lot
  • Cul-De-Sac
  • Wayside Elementary School Rated A

About This Lot

As of May 2016

Super Price Reduction! Build your dream estate on an idyllic 2 acre lot on beautiful Red Barn Lane.. Sited on a quiet cul-de-sac w/ rolling hills, Ready to build your own English Country Estate. Lot has Public water, Public sewer. Beautiful vistas, beautiful neighborhood! Churchill school cluster.

Last Agent to Sell the Property

Alexandra Kempel

(240) 678-4561 alexa.kempel@wfp.com Compass License #SP98362579 Listed on: 06/17/2015

Compass

Last Buyer's Agent

Li Ye

(202) 271-8066 liyeremax@yahoo.com RE/MAX Universal License #0225043947

RE/MAX Universal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,138

Lot Details

  • 2.05 Acre Lot
  • Cul-De-Sac
  • Premium Lot
  • The property's topography is rolling
  • No Building Permits
  • Property is zoned RE2

HOA Fees

  • $104 Monthly HOA Fees

Property Views

  • Pasture Views

Schools

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

Community Details

  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 03753178

Property Details

Property Type

Land

Est. Annual Taxes

$6,138

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Remarks Public: Super Price Reduction! Build your dream estate on an idyllic 2 acre lot on beautiful Red Barn Lane.. Sited on a quiet cul-de-sac w/ rolling hills, Ready to build your own English Country Estate. Lot has Public water, Public sewer. Beautiful vistas, beautiful neighborhood! Churchill school cluster.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 10.38

Exterior Features

  • View: Pasture
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1250.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WAYSIDE
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • Elementary School: WAYSIDE
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Lot Features: Cul-De-Sac, Premium
  • Lot Size Acres: 2.05
  • Lot Size Area: 89087
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89087.00
  • Topography: Rolling
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6138.00
  • Assessor Parcel Number: 03753178
  • Tax Lot: 54
  • Tax Year: 2015
  • Close Date: 05/27/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Li Dengping and Li Bingguang
Bought by
Li Bingguang and Nguyen Van Thuan
Current Estimated Value
$4,917,334

Purchase Details

Closed on
Jul 25, 2019
Sold by
Li Dengping
Bought by
Li Bingguang and Nguyen Van Thuan

Purchase Details

Listed on
Jun 17, 2015
Closed on
May 27, 2016
Sold by
Red 812 Venture Llc
Bought by
Li Dengping
Seller's Agent
Alexandra Kempel
Compass
Buyer's Agent
Li Ye
RE/MAX Universal
List Price
$975,000
Sold Price
$885,000
Premium/Discount to List
-$90,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.01%

Purchase Details

Listed on
Aug 16, 2013
Closed on
Jun 15, 2015
Sold by
Crawford Victor and Crawford Carla
Bought by
Red 812 Venture Llc
Seller's Agent
Rory Coakley
Rory S. Coakley Realty, Inc.
Buyer's Agent
Rory Coakley
Rory S. Coakley Realty, Inc.
List Price
$1,549,000
Sold Price
$1,660,000
Premium/Discount to List
$111,000
7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-48.42%
Original Mortgage
$664,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Li Bingguang -- None Listed On Document
Li Bingguang -- None Listed On Document
Li Bingguang -- Evergreen Settlement Co Inc
Li Dengping $885,000 Attorney
Red 812 Venture Llc $830,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red 812 Venture Llc $664,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Sold $885,000 -9.2% --
04/12/2016 04/12/16 Pending -- -- --
06/17/2015 06/17/15 For Sale $975,000 -41.3% --
06/15/2015 06/15/15 Sold $1,660,000 +7.2% -- View Prior Sale
12/30/2013 12/30/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $1,549,000 -- --
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 $54,518 $4,865,200 $573,200 $4,292,000
2024 $54,518 $4,577,333 $0 $0
2023 $21,192 $4,289,467 $0 $0
2022 $32,253 $4,001,600 $573,200 $3,428,400
2021 $0 $3,944,433 $0 $0
2020 $0 $573,200 $573,200 $0
2019 $7,424 $573,200 $573,200 $0
2018 $6,332 $573,200 $573,200 $0
2017 $7,696 $573,200 $0 $0
2016 -- $573,200 $0 $0
2015 -- $573,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002344527

Bright MLS

APN: 10-03753178