Seller's Agent in 2021
Kimberly Martinez
Real Broker, LLC
(301) 219-7498
1 in this area
28 Total Sales
11011 Gainsborough Rd Potomac, MD 20854
Estimated Value: $1,239,000 - $1,417,812
5
Beds
3.5
Baths
3,559
Sq Ft
$371/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- 2 Car Direct Access Garage
- Bells Mill Elementary School Rated A
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of October 2021Welcome to 11011 Gainsborough Road. Meticulously renovated, this exceptional five bedroom, four bath home will wow the most discerning buyer.
Three thoughtfully curated levels showcase impeccable craftsmanship and the finest materials. An elegant and open main floor set the perfect backdrop for creating memories with family and friends. The designer kitchen features top of the line Thermador appliances, new cabinets, and a custom island for full scale entertainment. The adjoining family room provides an inviting transition to your new backyard patio, complete with a dedicated natural gas line built-in grill, custom seating, and fire pit. Upstairs boasts four sunny, well-appointed rooms and two custom bathrooms. Relax in the luxurious Owner’s suite featuring a spacious sitting area, walk-in closets, and en-suite bath. The fully-finished basement offers an additional bedroom, full bath, wet bar, living room, flex space ideal for a home office or gym. Further high-end home upgrades include a new roof with 30-yr warranty, energy-efficient EIFS siding , Pella windows, custom closets by Closet America throughout, exotic hardwood floors, 2 new electrical panels, 2 new HVAC condensing units, split heating system with all new ductwork, new plumbing, new furnace, smart home system, new alarm system with wired security cameras, designer hardscaping, new Rain Bird sprinkler system, a custom outdoor shed built to match the home, and much more! Watch the video for a full tour.
This one-of-a-kind gem, beautifully sited on nearly 1⁄4 acre and conveniently located to the finest schools, is priced to sell quickly. We kindly request your highest and best offers.
Offers are due 12pm Monday, October 4th.
Last Agent to Sell the Property
Real Broker, LLC License #SP40001993 Listed on: 09/30/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,311
Year Built
- Built in 1965 | Remodeled in 2017
Lot Details
- 10,034 Sq Ft Lot
- Property is in excellent condition
- Property is zoned R90
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- Property has 3 Levels
- Wood Burning Fireplace
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
Finished Basement
- Connecting Stairway
- Interior Basement Entry
- Basement Windows
Schools
- Bells Mill Elementary School
- Cabin John Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Air Filtration System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Fox Hills Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 161000888260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2021
Closed on
Oct 29, 2021
Sold by
Reiser Michael D and Reiser Monica M
Bought by
Peterson Chelsea L and Mccarthy Schumacher Victoria
Seller's Agent
Kimberly Martinez
Real Broker, LLC
Buyer's Agent
Kimberly Cestari
Long & Foster Real Estate, Inc.
List Price
$1,100,000
Sold Price
$1,288,500
Premium/Discount to List
$188,500
17.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,798
Avg. Annual Appreciation
0.99%
Original Mortgage
$1,030,800
Outstanding Balance
$951,707
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$385,591
Purchase Details
Closed on
Apr 27, 2021
Sold by
Reiser Michael D and Reiser Monica M
Bought by
Reiser Michael D and Reiser Monica M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 12, 2017
Closed on
Feb 28, 2017
Sold by
Shima Terry T
Bought by
Reiser Micchael D and Reiser Monica M
Seller's Agent
Teresa Frizzell
Hudson Real Estate, LLC.
Buyer's Agent
Margaret Babbington
Compass
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$564,585
Interest Rate
4.3%
Purchase Details
Closed on
Sep 10, 1999
Sold by
Shima Terry T and Shima F B
Bought by
Shima Terry T
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 |
|---|---|---|---|
| Peterson Chelsea L | $1,288,500 | Monarch Title Inc | |
| Reiser Michael D | -- | None Available | |
| Reiser Micchael D | $575,000 | Kvs Title Llc | |
| Shima Terry T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peterson Chelsea L | $1,030,800 | |
| Previous Owner | Reiser Michael David | $565,000 | |
| Previous Owner | Reiser Michael D | $568,200 | |
| Previous Owner | Reiser Michael D | $564,585 | |
| Previous Owner | Reiser Micchael D | $564,585 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $1,288,500 | +17.1% | $362 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | For Sale | $1,100,000 | +91.3% | $309 / Sq Ft |
| 02/28/2017 02/28/17 | Sold | $575,000 | -4.0% | $234 / Sq Ft |
| 01/19/2017 01/19/17 | Pending | -- | -- | -- |
| 01/12/2017 01/12/17 | For Sale | $599,000 | -- | $244 / 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 |
|---|---|---|---|---|
| 2024 | $12,316 | $1,030,933 | $0 | $0 |
| 2023 | $11,292 | $883,567 | $0 | $0 |
| 2022 | $7,840 | $736,200 | $421,200 | $315,000 |
| 2021 | $7,619 | $721,367 | $0 | $0 |
| 2020 | $7,433 | $706,533 | $0 | $0 |
| 2019 | $7,253 | $691,700 | $421,200 | $270,500 |
| 2018 | $7,182 | $684,800 | $0 | $0 |
| 2017 | $8,018 | $677,900 | $0 | $0 |
| 2016 | $7,626 | $671,000 | $0 | $0 |
| 2015 | $7,626 | $671,000 | $0 | $0 |
| 2014 | $7,626 | $671,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Jared Russell
Real Broker, LLC
(301) 798-6100
8 in this area
129 Total Sales
-
Buyer's Agent in 2021
Kimberly Cestari
Long & Foster
(202) 253-8757
2 in this area
257 Total Sales
-
T
Seller's Agent in 2017
Teresa Frizzell
Hudson Real Estate, LLC.
(301) 461-3946
1 in this area
11 Total Sales
-
Buyer's Agent in 2017
Margaret Babbington
Compass
(202) 270-7462
7 in this area
532 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2017550
APN: 10-00888260
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