NOT LISTED FOR SALE

11016 Fawsett Rd Potomac, MD 20854

Estimated Value: $859,000 - $1,034,292

3 Beds
2 Baths
1,404 Sq Ft
$672/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $916,900 $653 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,087/month

25 Days on Market

Highlights

  • 1.02 Acre Lot
  • Rambler Architecture
  • No HOA
  • Potomac Elementary School Rated A
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, July 4th and ends Tuesday, July 9, 2024, at 11:30 AM. A great opportunity to renovate a ranch style house in Potomac, MD; with 1,404 +/- sq. ft. of above grade living space and 1,404 +/- sq. ft. in the lower level. The house sits on 1.02 +/- acres, and is surrounded by mature trees and offers privacy since it is near the end of Fawsett Road. There are beautiful existing homes surrounding the property. The house is in need of a full renovation. We suggest that potential buyers do their due diligence before bidding. Location: Potomac is a highly desirable community in which to reside. It is in close proximity to Washington, DC and Virginia. Nearby is Potomac Village Shopping Center, Old Angler's Inn, Great Falls Park, Billy Goat Trail, Gold Mine Trail, Avenel Local Park, The Potomac River, Congressional Country Club and more. Conveniently located near major access roads like Falls Road, McCarthur Blvd., Clara Barton Parkway and I-495.

Last Agent to Sell the Property

Larry Cooper

Alex Cooper Auctioneers, Inc. Listed on: 06/14/2024

Last Buyer's Agent

hugh le

RE/MAX Realty Group License #sp98375760

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,754

Year Built

  • Built in 1976

Lot Details

  • 1.02 Acre Lot
  • Property is zoned R200

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Fawsett Farms Manor Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161000868238

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,754

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1976
  • Automatically Close On Close Date: No
  • Remarks Public: List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, July 4th and ends Tuesday, July 9, 2024, at 11:30 AM. A great opportunity to renovate a ranch style house in Potomac, MD; with 1,404 +/- sq. ft. of above grade living space and 1,404 +/- sq. ft. in the lower level. The house sits on 1.02 +/- acres, and is surrounded by mature trees and offers privacy since it is near the end of Fawsett Road. There are beautiful existing homes surrounding the property. The house is in need of a full renovation. We suggest that potential buyers do their due diligence before bidding. Location: Potomac is a highly desirable community in which to reside. It is in close proximity to Washington, DC and Virginia. Nearby is Potomac Village Shopping Center, Old Angler's Inn, Great Falls Park, Billy Goat Trail, Gold Mine Trail, Avenel Local Park, The Potomac River, Congressional Country Club and more. Conveniently located near major access roads like Falls Road, McCarthur Blvd., Clara Barton Parkway and I-495.
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Dishwasher
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Basement
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2808
  • Living Area Sq Ft: 1404
  • Price Per Sq Ft: 391.74
  • Above Grade Finished Sq Ft: 1404
  • Below Grade Sq Ft: 1404
  • Total Below Grade Sq Ft: 1404
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11016

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: On Site Septic
  • Water Source: Well, Private

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

  • Land Use Code: R
  • Lot Size Acres: 1.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 44533.00
  • Year Assessed: 2023
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10754.00
  • Assessor Parcel Number: 161000868238
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/02/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 2, 2024
Sold by
Bruskin Jonathan D and Bruskin Laura Staro
Bought by
Goldhuis Real Estate Llc
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
hugh le
RE/MAX Realty Group
List Price
$550,000
Sold Price
$916,900
Premium/Discount to List
$366,900
66.71%
Views
230
Current Estimated Value
$942,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,923
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Mar 6, 2024
Closed on
Mar 18, 2024
Sold by
Jephelps Llc
Bought by
Bruskin Jonathan D and Bruskin Laura Staro
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
Mel Silicki
TTR Sotheby's International Realty
List Price
$785,000
Sold Price
$810,000
Premium/Discount to List
$25,000
3.18%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.57%
Original Mortgage
$350,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2024
Closed on
Feb 26, 2024
Sold by
Mark E R Newpher Trust
Bought by
Jephelps Llc
Seller's Agent
Sarah Reynolds
Keller Williams Realty
Buyer's Agent
Mel Silicki
TTR Sotheby's International Realty
List Price
$785,000
Sold Price
$810,000
Premium/Discount to List
$25,000
3.18%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Newpher Mark E R
Bought by
Newpher Mark E R Tr
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
Goldhuis Real Estate Llc $916,900 Old Republic National Title
Bruskin Jonathan D $810,000 Fidelity National Title
Jephelps Llc $400,000 Bancstar Title
Newpher Mark E R Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jephelps Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $916,900 +66.7% $653 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $550,000 -32.1% $392 / Sq Ft
03/18/2024 03/18/24 Sold $810,000 +3.2% $577 / Sq Ft
03/06/2024 03/06/24 For Sale $785,000 -- $559 / 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 $11,398 $855,100 $561,000 $294,100
2024 $11,398 $801,000 $0 $0
2023 $10,062 $746,900 $0 $0
2022 $9,090 $692,800 $561,000 $131,800
2021 $9,010 $692,800 $561,000 $131,800
2020 $9,010 $692,800 $561,000 $131,800
2019 $9,057 $698,500 $561,000 $137,500
2018 $9,063 $698,500 $561,000 $137,500
2017 $9,204 $698,500 $0 $0
2016 -- $701,200 $0 $0
2015 $6,938 $695,167 $0 $0
2014 $6,938 $689,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2136662

Bright MLS

APN: 10-00868238