NOT LISTED FOR SALE

11033 Fawsett Rd Potomac, MD 20854

Potomac Area

Estimated Value: $1,175,000 - $1,406,423

1.14 Acres
$1,150,312 Price per Acre
49,658 Sq Ft Lot

Sale Details

Date Sold: May 26, 2022

Last sale price $1,200,000 $669 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,316 / mo

29 Days on Market

Highlights

  • Panoramic View
  • 1.14 Acre Lot
  • No HOA
  • Potomac Elementary School Rated A
  • Backs to Trees or Woods

About This Lot

As of May 2022

Flat, private 1+acre lot in close-in Potomac surrounded by multi-million dollar homes! Sought-after location just south of Potomac Village, near national parkland, a quick commute to VA and DC on a beautiful treelined street. The prime lot is ideal for future expansion of the existing house or development of a large new home. There is currently a charming completely updated farmhouse on the land to allow you to enjoy the peaceful setting while permits for your dream home are finalized. Live in the house; use the oversized garage for equipment as you prepare to build. Schools are Potomac ES, Hoover MS, Churchill HS.

Last Agent to Sell the Property

James Gregory

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #637670 Listed on: 03/31/2022

Washington Fine Properties, LLC

Co-Listed By

Delia McCormick

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #SP99613

Last Buyer's Agent

Catherine Fleishman

(410) 409-6854 gwenwynn823@yahoo.com Canzell Realty, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,296

Lot Details

  • 1.14 Acre Lot
  • Backs to Trees or Woods
  • Property is zoned R200

Property Views

  • Panoramic Views

Utilities

  • Well
  • Septic Equal To The Number Of Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161000868056

Property Details

Property Type

Land

Est. Annual Taxes

$10,296

Lot Details

1.14 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 24.56

Exterior Features

  • Construction Completed: No
  • View: Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Sewer/Septic System: Septic = # Of Br
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49624.00
  • Zoning: R200
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10296.00
  • Assessor Parcel Number: 161000868056
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 26, 2022
Sold by
Kuti Mofoluwaso Akinremi
Bought by
Seller's Agent
James Gregory
Washington Fine Properties, LLC
Buyer's Agent
Catherine Fleishman
Canzell Realty, Inc.
List Price
$1,210,000
Sold Price
$1,200,000
Premium/Discount to List
-$10,000
-0.83%
Current Estimated Value
$1,311,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,356
Avg. Annual Appreciation
2.10%
Original Mortgage
$840,000
Outstanding Balance
$778,194
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$533,162

Purchase Details

Listed on
Aug 17, 2021
Closed on
Jul 30, 2021
Sold by
Squier Alan Hamilton and Squier Pauline E
Bought by
Kuti Mofoluwaso Akinremi
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Pennye Green
Long & Foster Real Estate, Inc.
List Price
$990,000
Sold Price
$990,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.81%
Original Mortgage
$97,402
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2009
Sold by
Squier Alan H
Bought by
Squier Alan Hamilton Tr
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Potomac, MD

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Fidelity National Title
Kuti Mofoluwaso Akinremi $990,000 Quantum Title Corporation
Squier Alan Hamilton Tr -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $840,000
Previous Owner Kuti Mofoluwaso Akinremi $97,402
Previous Owner Kuti Mofoluwaso Akinremi $780,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $1,200,000 0.0% $669 / Sq Ft
05/26/2022 05/26/22 Sold $1,200,000 -1.6% $481 / Sq Ft View Prior Sale
04/29/2022 04/29/22 Pending -- -- --
04/29/2022 04/29/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $1,219,000 +0.7% $679 / Sq Ft
04/11/2022 04/11/22 For Sale $1,210,000 +0.8% $674 / Sq Ft
04/11/2022 04/11/22 Off Market $1,200,000 -- --
04/02/2022 04/02/22 Price Changed $1,210,000 -0.7% $674 / Sq Ft
03/31/2022 03/31/22 For Sale $1,219,000 0.0% $679 / Sq Ft
03/23/2022 03/23/22 Price Changed $1,219,000 -2.5% $488 / Sq Ft
03/11/2022 03/11/22 For Sale $1,249,900 +26.3% $501 / Sq Ft
08/17/2021 08/17/21 For Sale $990,000 0.0% $464 / Sq Ft
08/03/2021 08/03/21 Sold $990,000 -- $464 / Sq Ft View Prior Sale
05/13/2021 05/13/21 Pending -- -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,970 $1,091,600 $567,600 $524,000
2025 $12,970 $1,134,100 $567,600 $566,500
2024 $13,834 $1,000,833
2023 $10,889 $867,567 $0 $0
2022 $9,667 $734,300 $567,600 $166,700
2021 $9,605 $734,300 $567,600 $166,700
2020 $19,152 $734,300 $567,600 $166,700
2019 $9,633 $741,300 $567,600 $173,700
2018 $9,640 $741,300 $567,600 $173,700
2017 $10,001 $741,300 $0 $0
2016 $7,632 $745,000 $0 $0
2015 $7,632 $745,000 $0 $0
2014 $7,632 $745,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2044424

Bright MLS

APN: 10-00868056

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