NOT LISTED FOR SALE

11108 Korman Dr Potomac, MD 20854

Estimated Value: $924,000 - $1,055,000

4 Beds
3.5 Baths
2,427 Sq Ft
$416/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $860,000 $354 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,096/month

16 Days on Market

Highlights

  • Gourmet Kitchen
  • Panoramic View
  • Contemporary Architecture
  • Wayside Elementary School Rated A
  • Open Floorplan
  • Recreation Room

About This Home

As of August 2022

Offer in process of being signed. BEAUTIFUL BEDFORDSHIRE CONTEMPORARY LOADED WITH RECENT UPGRADES! GLISTENING HARDWOOD FLOORS THROUGHOUT, MARBLE FOYER ENTRY, FAMILY ROOM WITH SOARING CEILINGS, BEAUTIFUL MAIN LEVEL LIVING ROOM AND DINING ROOM - PLUS - SUN ROOM ADDITION WITH PANORAMIC VIEWS OF TREES AND OPEN SPACE! 3 FINISHED LEVELS . MUST SEE THE MASTER BATHROOM - ENORMOUS SUPER BATH WITH SEPARATE JACUZZI TUB, SEPARATE FULL SHOWER, AMPLE CLOSET SPACE, HIS AND HERS VANITIES - SPECTACULAR! LEVEL WALK OUT BASEMENT LEADING TO TWO PATIOS, STAIRCASE TO UPPER LEVEL DECKS AND ACCESS TO SUNROOM. BEST BACKYARD & VIEWS IN THE NEIGHBORHOOD! MUCH MUCH MORE!
GCAAR CONTRACT PLEASE

Last Agent to Sell the Property

Colleen Corbey

(301) 706-0509 ccorbeymris@gmail.com Weichert, REALTORS Listed on: 06/14/2022

Weichert, REALTORS

Last Buyer's Agent

Michelle Yu

(240) 888-5076 michelleyurealestate@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,339

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R200

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Woods
  • Garden

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Laundry in Basement
  • Basement Windows

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161001485000

Community Details

Overview

  • Association fees include common area maintenance
  • Eldwick Homes Association
  • Bedfordshire Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,339

Year Built

Built in 1973

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-06-15
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Attic, Built-Ins, Ceiling Fan(s), Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Skylight(s), Upgraded Countertops, Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplace Features: Brick, Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Bedroom 1, Sun/Florida Room, Laundry, Recreation Room, Storage Room, Utility Room, Workshop, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: Yes
  • Basement Type: Daylight, Full, Full, Fully Finished, Heated, Improved, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Basement
  • Total Sq Ft: 3484
  • Living Area Sq Ft: 2427
  • Price Per Sq Ft: 467.05
  • Above Grade Finished Sq Ft: 1927
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 1057
  • Total Below Grade Sq Ft: 1557
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • View: Garden/Lawn, Panoramic, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: 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

  • HOA Fees: 410.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Name: ELDWICK HOMES ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 335100.00
  • Land Assessed Value: 435800.00
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13154.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13985596
  • Tax Annual Amount: 8339.00
  • Assessor Parcel Number: 161001485000
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 1, 2022
Sold by
Bnlo Jose L
Bought by
Lu Chuanwen and Dai Jiexin
Seller's Agent
Colleen Corbey
Weichert, REALTORS
Buyer's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
List Price
$990,000
Sold Price
$860,000
Premium/Discount to List
-$130,000
-13.13%
Current Estimated Value
$1,008,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,716
Avg. Annual Appreciation
4.66%
Original Mortgage
$774,000
Outstanding Balance
$741,086
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$267,630
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Chuanwen $860,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Chuanwen $774,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $860,000 -4.4% $354 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $900,000 -9.1% $371 / Sq Ft
06/14/2022 06/14/22 For Sale $990,000 -- $408 / 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 $9,891 $845,000 $435,800 $409,200
2024 $9,891 $820,300 $0 $0
2023 $10,278 $795,600 $0 $0
2022 $8,223 $770,900 $435,800 $335,100
2021 $7,647 $723,900 $0 $0
2020 $7,106 $676,900 $0 $0
2019 $6,571 $629,900 $435,800 $194,100
2018 $6,576 $629,900 $435,800 $194,100
2017 $7,643 $629,900 $0 $0
2016 -- $698,600 $0 $0
2015 $6,407 $677,833 $0 $0
2014 $6,407 $657,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2055502

Bright MLS

APN: 10-01485000