NOT LISTED FOR SALE

10821 Alloway Dr Potomac, MD 20854

Estimated Value: $2,807,000 - $6,496,000

4.99 Acres
$997,046 Price per Acre
217,364 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $1,750,000 $366 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $32,885/month

78 Days on Market

Highlights

  • Horse Facilities
  • 4.99 Acre Lot
  • Premium Lot
  • Potomac Elementary School Rated A
  • Barn or Farm Building
  • Backs to Trees or Woods

About This Lot

As of September 2020

RARE OPPORTUNITY TO CREATE DREAM ESTATE ON 2 ADJOINING PARCELS (LOTS 40 AND 39) KNOWN AS 10821 AND 10819 ALLOWAY DRIVE CONSISTING OF 5 ACRES IN THE HEART OF SOUGHT-AFTER THE POTOMAC FALLS COMMUNITY. BEAUTIFUL EXISTING FIELDSTONE HOME WITH BARN/ STABLE, POOL AND TENNIS COURT, SOLD IN, "AS IS" "WHERE IS" CONDITION YET HAS GREAT POTENTIAL FOR EXPANSION AND RENOVATION. PROPERTY IS NOT SOLD SUBJECT TO ADJOINING LOT 39 BEING ABLE TO BUILD ON ALTHOUGH POSSIBILITY EXISTS THAT A SAND MOUND SEPTIC SYSTEM MAY BE ALLOWED BY MONTGOMERY COUNTY. CALL LISTER FOR DETAILED.

Last Agent to Sell the Property

Marc Fleisher

Compass Listed on: 03/09/2020

Compass

Co-Listed By

Ben Rivlin

Keller Williams Capital Properties

Last Buyer's Agent

Marc Fleisher

Compass Listed on: 03/09/2020

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,131

Lot Details

  • 4.99 Acre Lot
  • Wood Fence
  • Landscaped
  • Premium Lot
  • Level Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • 10819 Alloway Drive Lot 39 Blk K TAX ID 161003227604
  • Property is zoned RE2

Schools

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

Utilities

  • Well
  • Septic Tank
  • Community Sewer or Septic

Additional Features

  • Garden Views
  • Barn or Farm Building

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 161003227615 & 161003227604

Community Details

Overview

  • No Home Owners Association
  • Potomac Falls Subdivision

Recreation

  • Horse Facilities
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$27,131

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: RARE OPPORTUNITY TO CREATE DREAM ESTATE ON 2 ADJOINING PARCELS (LOTS 40 AND 39) KNOWN AS 10821 AND 10819 ALLOWAY DRIVE CONSISTING OF 5 ACRES IN THE HEART OF SOUGHT-AFTER THE POTOMAC FALLS COMMUNITY. BEAUTIFUL EXISTING FIELDSTONE HOME WITH BARN/ STABLE, POOL AND TENNIS COURT, SOLD IN, "AS IS" "WHERE IS" CONDITION YET HAS GREAT POTENTIAL FOR EXPANSION AND RENOVATION. PROPERTY IS NOT SOLD SUBJECT TO ADJOINING LOT 39 BEING ABLE TO BUILD ON ALTHOUGH POSSIBILITY EXISTS THAT A SAND MOUND SEPTIC SYSTEM MAY BE ALLOWED BY MONTGOMERY COUNTY. CALL LISTER FOR DETAILED.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 8.74
  • Street Number Modifier: 10821

Exterior Features

  • Other Structures List: Barn/Farm Building, Barn/Stable, Garage(s), Horse Stable, Shed
  • Construction Completed: No
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Community Septic Tank, Private Septic Tank
  • Utilities: Electric Available
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: 10819 Alloway Drive Lot 39 Blk K TAX ID 161003227604
  • Fencing: Wood
  • Improvement Assessed Value: 1362200.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees, Cleared, Landscaping, Level, Premium, Road Frontage
  • Lot Size Acres: 4.99
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217365.00
  • Possible Use: Residential
  • Year Assessed: 2020
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14072979
  • Tax Annual Amount: 27131.00
  • Assessor Parcel Number: 161003227615 & 161003227604
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 09/18/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Sep 18, 2020
Sold by
Faller Samuel J and Faller Robert O
Bought by
Perkins James Halleck and Perkins Jessica
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Marc Fleisher
Compass
List Price
$1,900,000
Sold Price
$1,750,000
Premium/Discount to List
-$150,000
-7.89%
Current Estimated Value
$4,975,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,225,258
Avg. Annual Appreciation
25.44%
Source: Public Records

Range of Values:

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Average Value
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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
Perkins James Halleck $1,237,500 District Title A Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins James Halleck $500,000
Open Perkins James Halleck $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $1,750,000 -7.9% $366 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $1,900,000 -- $398 / 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
2024 $64,898 $5,569,600 $0 $0
2023 $11,949 $939,000 $939,000 $0
2022 $10,088 $939,000 $939,000 $0
2021 $12,150 $2,208,300 $939,000 $1,269,300
2020 $24,969 $2,208,300 $939,000 $1,269,300
2019 $27,131 $2,407,300 $1,051,200 $1,356,100
2018 $27,171 $2,407,300 $1,051,200 $1,356,100
2017 $28,584 $2,407,300 $0 $0
2016 $25,544 $2,437,300 $0 $0
2015 $25,544 $2,410,100 $0 $0
2014 $25,544 $2,382,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC698206

Bright MLS

APN: 10-03227615