Seller's Agent in 2015
Jeff Wilson
TTR Sotheby's International Realty
(301) 442-8533
1 in this area
181 Total Sales
11100 Cripplegate Rd Potomac, MD 20854
Estimated Value: $7,328,000 - $9,957,000
7
Beds
11
Baths
20,000
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Guest House
- Second Kitchen
- Cabana
- Potomac Elementary School Rated A
- Tennis Courts
- Gourmet Kitchen
About This Home
As of August 2015Potomac Falls' finest offering. Meticulously renovated Georgian Colonial of hand made brick, inlaid hardwood floors, plaster moldings, imported fireplaces, sumptuous baths and a sublime chef's kitchen. No detail has been overlooked and no expense spared. Four lush, glorious acres surround a large pool & pool house, tennis court, 2BR/2FB guest house.
Last Agent to Sell the Property
(301) 442-8533 jeff.wilson@sir.com TTR Sotheby's International Realty License #98739 Listed on: 06/03/2014
Last Buyer's Agent
(240) 988-4400 Lynda@LegendaryHomes.com TTR Sotheby's International Realty License #0225189194
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,184
Year Built
- Built in 1986 | Remodeled in 2010
Lot Details
- 4.08 Acre Lot
- Cul-De-Sac
- Landscaped
- Extensive Hardscape
- Premium Lot
- The property's topography is level
- Property is in very good condition
- Property is zoned RE2
Parking
- 5 Car Detached Garage
- Garage Door Opener
Home Design
- Carriage House
- Colonial Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 20,000 Sq Ft Home
- Property has 3 Levels
- Traditional Floor Plan
- Curved or Spiral Staircase
- Dual Staircase
- Built-In Features
- Chair Railings
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Ceiling height of 9 feet or more
- Recessed Lighting
- 4 Fireplaces
- Fireplace Mantel
- Double Pane Windows
- Low Emissivity Windows
- Window Treatments
- Atrium Windows
- Wood Frame Window
- Window Screens
- French Doors
- Atrium Doors
- Six Panel Doors
- Dining Area
- Finished Basement
Kitchen
- Gourmet Kitchen
- Second Kitchen
- Upgraded Countertops
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Bathroom
- 11 Bathrooms
Home Security
- Alarm System
- Flood Lights
Pool
- Cabana
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Tennis Courts
- Patio
- Water Fountains
- Porch
Utilities
- Cooling System Utilizes Bottled Gas
- Forced Air Zoned Heating and Cooling System
- Multi-Tank Bottled Gas Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Guest House
Community Details
- No Home Owners Association
- Potomac Falls Subdivision, Gracious Georgian Floorplan
Listing and Financial Details
- Tax Lot 53
- Assessor Parcel Number 161002481097
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2014
Closed on
Aug 31, 2015
Sold by
Ballard Michael K and Ballard Kellie M
Bought by
Cripplegate Assoc Llc
Seller's Agent
Jeff Wilson
TTR Sotheby's International Realty
Buyer's Agent
Lynda O'Dea
TTR Sotheby's International Realty
List Price
$9,800,000
Sold Price
$6,150,000
Premium/Discount to List
-$3,650,000
-37.24%
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
$2,580,147
Avg. Annual Appreciation
3.53%
Original Mortgage
$3,997,500
Outstanding Balance
$3,010,043
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,720,104
Purchase Details
Closed on
Sep 29, 1999
Sold by
Kim Chong Kil and Hui Suk
Bought by
Ballard Michael and Ballard Kellie
Purchase Details
Closed on
Sep 29, 1997
Sold by
S Chong K and S Kim H
Bought by
Kim Hui S
Purchase Details
Closed on
Dec 9, 1993
Sold by
Dickinson E H
Bought by
Kim Chong K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.78%
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 |
|---|---|---|---|
| Cripplegate Assoc Llc | $6,150,000 | First American Title Ins Co | |
| Ballard Michael | $3,075,000 | -- | |
| Kim Chong Kil | -- | -- | |
| Kim Hui S | -- | -- | |
| Kim Chong K | $2,350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cripplegate Assoc Llc | $3,997,500 | |
| Previous Owner | Kim Chong K | $1,200,000 | |
| Closed | Kim Chong K | $88,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2015 08/31/15 | Sold | $6,150,000 | -11.5% | $308 / Sq Ft |
| 05/12/2015 05/12/15 | Pending | -- | -- | -- |
| 04/01/2015 04/01/15 | Price Changed | $6,950,000 | -13.1% | $348 / Sq Ft |
| 10/10/2014 10/10/14 | Price Changed | $7,995,000 | -18.4% | $400 / Sq Ft |
| 06/03/2014 06/03/14 | For Sale | $9,800,000 | -- | $490 / 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 | $84,566 | $7,398,600 | $1,436,800 | $5,961,800 |
| 2024 | $84,566 | $7,283,333 | $0 | $0 |
| 2023 | $83,262 | $7,168,067 | $0 | $0 |
| 2022 | $78,474 | $7,052,800 | $1,436,800 | $5,616,000 |
| 2021 | $78,352 | $7,052,800 | $1,436,800 | $5,616,000 |
| 2020 | $78,352 | $7,052,800 | $1,436,800 | $5,616,000 |
| 2019 | $105,222 | $9,494,500 | $1,613,300 | $7,881,200 |
| 2018 | $69,597 | $6,250,000 | $0 | $0 |
| 2017 | $70,262 | $6,200,000 | $0 | $0 |
| 2016 | -- | $6,150,000 | $0 | $0 |
| 2015 | $61,702 | $7,712,133 | $0 | $0 |
| 2014 | $61,702 | $6,755,667 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Wilson
-
Lynda O'Dea
Buyer's Agent in 2015
Lynda O'Dea
TTR Sotheby's International Realty
(240) 988-4400
1 in this area
32 Total Sales
Map
Source: Bright MLS
MLS Number: 1004113523
APN: 10-02481097
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