Seller's Agent in 2018
Joan Karpa
Long & Foster
(301) 785-0811
3 in this area
5 Total Sales
11 Mercy Ct Potomac, MD 20854
Estimated Value: $1,557,000 - $1,959,000
7
Beds
5
Baths
3,912
Sq Ft
$447/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Wood Flooring
- Seven Locks Elementary School Rated A
- Traditional Floor Plan
- Main Floor Bedroom
About This Home
As of July 2018NEW PRICE!! Spectacular custom-built ALL BRICK colonial - NEWLY RENOVATED KITCHEN & BATHS, hdwd floors on 2 lvls, 2-story foyer, upper level laundry, 1st flr/library or Bedroom w/full bath, walk-out lower level w/ 9' ceilings,family room w/fireplace and large wetbar, sited on quiet cul-de-sac,Awesome deck overlooks fabulous yard! Minutes to shopping, dining & commuter routes! READY TO MOVE IN!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,259
Year Built
- Built in 1985
Lot Details
- 0.46 Acre Lot
- Cul-De-Sac
- Property is in very good condition
- Property is zoned R200
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Traditional Floor Plan
- Wet Bar
- Built-In Features
- 3 Fireplaces
- Window Treatments
- Dining Area
- Wood Flooring
- Alarm System
Kitchen
- Eat-In Kitchen
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
- En-Suite Bathroom
- 5 Full Bathrooms
Laundry
- Front Loading Dryer
- Front Loading Washer
Basement
- Walk-Out Basement
- Rear Basement Entry
- Basement with some natural light
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Mcauley Park Subdivision
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 161001814653
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2022
Sold by
Kun Fang
Bought by
Happy Life Living Trust
Current Estimated Value
Purchase Details
Listed on
Apr 18, 2018
Closed on
Jul 30, 2018
Sold by
Raghavan Venkatachar S and Raghavan Kusum
Bought by
Qin Lei and Fang Kun
Seller's Agent
Joan Karpa
Long & Foster Real Estate, Inc.
Buyer's Agent
Hong Cai
BMI REALTORS INC.
List Price
$1,399,000
Sold Price
$1,228,000
Premium/Discount to List
-$171,000
-12.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$750,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 29, 1993
Bought by
Raghavan Venkatachar S and Raghavan K
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Happy Life Living Trust | -- | None Listed On Document | |
| Qin Lei | $1,228,000 | Old Republic Natl Title Ins | |
| Raghavan Venkatachar S | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Qin Lei | $712,000 | |
| Previous Owner | Qin Lei | $739,000 | |
| Previous Owner | Qin Lei | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2018 07/31/18 | Sold | $1,228,000 | -5.5% | $314 / Sq Ft |
| 06/06/2018 06/06/18 | Pending | -- | -- | -- |
| 05/04/2018 05/04/18 | Price Changed | $1,299,000 | -7.1% | $332 / Sq Ft |
| 04/18/2018 04/18/18 | For Sale | $1,399,000 | -- | $358 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,454 | $1,219,100 | $603,000 | $616,100 |
| 2024 | $14,454 | $1,210,767 | $0 | $0 |
| 2023 | $13,645 | $1,202,433 | $0 | $0 |
| 2022 | $12,952 | $1,194,100 | $603,000 | $591,100 |
| 2021 | $12,888 | $1,194,100 | $603,000 | $591,100 |
| 2020 | $12,866 | $1,194,100 | $603,000 | $591,100 |
| 2019 | $13,219 | $1,228,000 | $603,000 | $625,000 |
| 2018 | $15,108 | $1,334,867 | $0 | $0 |
| 2017 | $14,567 | $1,315,633 | $0 | $0 |
| 2016 | -- | $1,296,400 | $0 | $0 |
| 2015 | $12,567 | $1,230,167 | $0 | $0 |
| 2014 | $12,567 | $1,163,933 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Karpa
-
Hong Cai
Buyer's Agent in 2018
Hong Cai
BMI REALTORS INC.
(202) 787-8969
3 in this area
56 Total Sales
Map
Source: Bright MLS
MLS Number: 1000412858
APN: 10-01814653
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