NOT LISTED FOR SALE

11115 Candlelight Ln Potomac, MD 20854

Estimated Value: $1,221,957 - $1,367,000

4 Beds
3.5 Baths
3,446 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $1,049,000 $304 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,692/month

3 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Morton Elementary School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Custom Potomac home offering four bedrooms, three full baths and one half bath. Spectacular indoor gym to enjoy all year round. Refinished hardwood floors, updated bathrooms and new carpet. Gourmet kitchen w/granite counters, large island, gas range, double oven and stainless steel appliances.
The main level has been expanded with a sun room and skylights. Primary master suite with sitting area. Fenced backyard with two level patio. Escape downstairs to the expansive basement with built ins and rec room. Terrific storage space throughout. Roof and AC updated 2019. Two car garage with electric vehicle charging. Numerous upgrades including radiant barrier, irrigation system and custom cabinets.
From this location one can easily walk to Cabin John Shopping Center; Churchill High School; Regency Estates Swim Club and more! Minutes from shopping & restaurants. MUST SEE!

Last Agent to Sell the Property

Ashok Shah

(301) 806-0547 globex01@yahoo.com Globex Realty Inc. License #0225085230 Listed on: 09/03/2021

Last Buyer's Agent

Alysa Francis

(202) 907-6989 alysa.francis@jennsmira.com Compass License #680958

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,507

Year Built

  • Built in 1980

Lot Details

  • 9,870 Sq Ft Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Community Details

  • No Home Owners Association
  • Inverness Woods Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 161001814356

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,507

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Sump Pump
  • Total Sq Ft: 4410
  • Living Area Sq Ft: 3446
  • Price Per Sq Ft: 338.82
  • Above Grade Finished Sq Ft: 3096
  • Below Grade Finished Sq Ft: 350
  • Below Grade Sq Ft: 964
  • Total Below Grade Sq Ft: 1314
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 429300.00
  • Land Assessed Value: 420000.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9870.00
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13987821
  • Tax Annual Amount: 9507.00
  • Assessor Parcel Number: 161001814356
  • Tax Lot: 38
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 1, 2021
Sold by
Luthra Davender P and Luthra Anita
Bought by
Quiros Jaime and Guime Cynthia L
Seller's Agent
Ashok Shah
Globex Realty Inc.
Buyer's Agent
Alysa Francis
Compass
List Price
$1,049,000
Sold Price
$1,049,000
Current Estimated Value
$1,295,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,489
Avg. Annual Appreciation
5.04%
Original Mortgage
$822,375
Outstanding Balance
$749,929
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$545,560

Purchase Details

Closed on
Jan 23, 2002
Sold by
Salcetti Charles A
Bought by
Luthra Davendar P and Luthra Anita

Purchase Details

Closed on
Feb 2, 2000
Sold by
Salcetti Charles A and Salcetti N D
Bought by
Salcetti Charles A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quiros Jaime $1,049,000 Paragon Title & Escrow Co
Luthra Davendar P $589,000 --
Salcetti Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiros Jaime $822,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,049,000 0.0% $304 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $1,049,000 -- $304 / 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 $11,824 $1,057,700 $420,000 $637,700
2024 $11,824 $988,233 $0 $0
2023 $10,313 $918,767 $0 $0
2022 $9,088 $849,300 $420,000 $429,300
2021 $17,943 $844,000 $0 $0
2020 $17,631 $838,700 $0 $0
2019 $8,815 $833,400 $420,000 $413,400
2018 $9,157 $828,900 $0 $0
2017 $9,039 $824,400 $0 $0
2016 -- $819,900 $0 $0
2015 $8,480 $808,100 $0 $0
2014 $8,480 $796,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2014712

Bright MLS

APN: 10-01814356