NOT LISTED FOR SALE

11016 Balantre Ln Potomac, MD 20854

Estimated Value: $2,103,000 - $2,544,000

5 Beds
6.5 Baths
8,975 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,900,000 $212 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,350/month

6 Days on Market

Highlights

  • Indoor Pool
  • Sauna
  • Open Floorplan
  • Potomac Elementary School Rated A
  • View of Trees or Woods
  • Deck

About This Home

As of April 2022

This is a rare opportunity to purchase a highly unique and impressive estate with 20+foot vaulted ceilings and open floor plan . The house needs work, and the person choosing to do so will have a truly sensational one-of-a-kind home worthy of HGTV. Situated with over two acres on a cul-de-sac in the prestigious Tara community, this property backs to a small creek and gorgeous woods. With over 11,000 sq/ft of house including an indoor pool, main level owners suite with vaulted ceilings, and walk out basement, you will love living here in this quiet community. Minutes to Potomac Village shopping and restaurants, close to I495, I270, and DC- you can enjoy solitude while still benefiting from proximity to conveniences. This property is being sold As-Is.

Last Agent to Sell the Property

Amy Embrey

Keller Williams Capital Properties Listed on: 02/24/2022

Keller Williams Capital Properties

Co-Listed By

Matthew Scarlett

Keller Williams Capital Properties

Last Buyer's Agent

Vishal Doddanna

Keller Williams Realty Centre

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,365

Year Built

  • Built in 1983

Lot Details

  • 2.39 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Private Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Back Yard Fenced, Front and Side Yard
  • Property is zoned RE2

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Woods
  • Creek or Stream
  • Garden

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Sauna
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Stream or River on Lot
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac View Estates Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161001975784

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,365

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2/24/2022 12:00:00 AM
  • Year Built: 1983
  • Automatically Close On Close Date: Yes
  • Remarks Public: This is a rare opportunity to purchase a highly unique and impressive estate with 20+foot vaulted ceilings and open floor plan . The house needs work, and the person choosing to do so will have a truly sensational one-of-a-kind home worthy of HGTV. Situated with over two acres on a cul-de-sac in the prestigious Tara community, this property backs to a small creek and gorgeous woods. With over 11,000 sq/ft of house including an indoor pool, main level owners suite with vaulted ceilings, and walk out basement, you will love living here in this quiet community. Minutes to Potomac Village shopping and restaurants, close to I495, I270, and DC- you can enjoy solitude while still benefiting from proximity to conveniences. This property is being sold As-Is.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer, Oven - Wall, Oven/Range - Electric, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Sauna, Bathroom - Soaking Tub, Bathroom - Stall Shower, Store/Office, Bathroom - Tub Shower, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Stone
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: Yes
  • Laundry Type: Has Laundry, Hookup
  • Total Sq Ft: 11502
  • Living Area Sq Ft: 8975
  • Price Per Sq Ft: 227.98
  • Above Grade Finished Sq Ft: 6575
  • Below Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 2527
  • Total Below Grade Sq Ft: 4927
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11016

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Features: Indoor, In Ground
  • Roof: Shingle
  • View: Creek/Stream, Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cul-De-Sac, Front Yard, Landscaping, Private, Rear Yard, Sideyard(s), Stream/Creek, Trees/Wooded
  • Lot Size Acres: 2.39
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 104108.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17365.00
  • Assessor Parcel Number: 161001975784
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 8975
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 28, 2022
Sold by
Eric Algeciras and Eric James
Bought by
Hashmi Fahad and Hashmi Sophia
Seller's Agent
Amy Embrey
Keller Williams Capital Properties
Buyer's Agent
Vishal Doddanna
Keller Williams Realty Centre
List Price
$1,499,000
Sold Price
$1,900,000
Premium/Discount to List
$401,000
26.75%
Current Estimated Value
$2,330,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,207
Avg. Annual Appreciation
5.70%
Original Mortgage
$1,425,000
Outstanding Balance
$1,345,306
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$946,280

Purchase Details

Listed on
Oct 28, 2021
Closed on
Sep 20, 2021
Sold by
Curry Sadye B
Bought by
Algeciras James Eric and Algeciras Jacqueline
Seller's Agent
Amy Embrey
Keller Williams Capital Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,274,000
Sold Price
$1,274,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.00%
Original Mortgage
$822,375
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Hashmi Fahad $1,900,000 First American Title
Algeciras James Eric $1,274,000 Premium Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hashmi Fahad $1,425,000
Previous Owner Algeciras James Eric $822,375
Previous Owner Algeciras James Eric $387,900
Previous Owner Curry Sadye B $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,900,000 +26.8% $212 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,499,000 +17.7% $167 / Sq Ft
10/28/2021 10/28/21 Sold $1,274,000 0.0% $142 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $1,274,000 -- $142 / 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
2025 $19,838 $1,829,800 $515,700 $1,314,100
2024 $19,838 $1,660,667 $0 $0
2023 $16,740 $1,491,533 $0 $0
2022 $14,547 $1,322,400 $583,700 $738,700
2021 $16,673 $1,521,933 $0 $0
2020 $16,518 $1,510,567 $0 $0
2019 $16,366 $1,499,200 $583,700 $915,500
2018 $16,388 $1,499,200 $583,700 $915,500
2017 $24,250 $1,499,200 $0 $0
2016 -- $2,125,900 $0 $0
2015 $24,692 $2,125,900 $0 $0
2014 $24,692 $2,125,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2036622

Bright MLS

APN: 10-01975784