NOT LISTED FOR SALE

11216 Korman Dr Potomac, MD 20854

Estimated Value: $1,104,000 - $1,258,000

5 Beds
5 Baths
2,625 Sq Ft
$453/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $749,000 $285 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,253/month

64 Days on Market

Highlights

  • Contemporary Architecture
  • Traditional Floor Plan
  • Garden View
  • Wayside Elementary School Rated A
  • Wood Flooring
  • 1 Fireplace

About This Home

As of November 2017

Wonderful contemporary in desirable Bedfordshire, just 5 minutes north of Potomac Village. Features two-story addition (2005), 3 levels, 5BR/3BA/2HB, family room with soaring ceiling & fireplace, spacious master bedroom suite with walk-in closet & large MBA, additional 4BRs & 2BAs up, table-space kitchen, finished LL, 2-car, attached garage, rear terrace, corner lot, lots of glass and light.

Last Agent to Sell the Property

Corey Burr

(301) 967-3344 chevychase@ttrsir.com TTR Sotheby's International Realty License #67286 Listed on: 08/18/2017

TTR Sotheby's International Realty

Last Buyer's Agent

Virginia Wilen

(301) 251-1221 virginia.wilen@gmail.com Keller Williams Capital Properties License #642020

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,202

Year Built

  • Built in 1973 | Remodeled in 2005

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • 1 Fireplace
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway

Outdoor Features

  • Terrace

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 161001484255

Community Details

Overview

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

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,202

Year Built

Built in 1973 | Remodeled in 2005

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1973
  • Year Renovated: 2005
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Icemaker, Oven/Range - Electric, Washer, Water Heater
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Built-Ins, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Composite
  • View: Garden/Lawn
  • View: Yes
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 350.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School: WAYSIDE
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 255300.00
  • Land Assessed Value: 426500.00
  • Lot Features: Corner
  • Lot Size Acres: 0.26
  • Lot Size Area: 11174
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11174.00
  • Outdoor Living Structures: Terrace
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13985521
  • Tax Annual Amount: 9201.52
  • Assessor Parcel Number: 161001484255
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Nov 27, 2017
Sold by
Banks Melissa J
Bought by
Wu Zhanghan and Cai Rongman
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Virginia Wilen
Keller Williams Capital Properties
List Price
$859,000
Sold Price
$749,000
Premium/Discount to List
-$110,000
-12.81%
Current Estimated Value
$1,190,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,272
Avg. Annual Appreciation
5.85%
Original Mortgage
$150,000
Outstanding Balance
$105,336
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,084,936

Purchase Details

Closed on
Nov 17, 1998
Sold by
Sharon Seidel Rev Tr
Bought by
Banks Melissa J
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wu Zhanghan $749,000 Kvs Title Llc
Banks Melissa J $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zhanghan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $749,000 0.0% $285 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
10/19/2017 10/19/17 Price Changed $749,000 -3.4% $285 / Sq Ft
10/04/2017 10/04/17 Price Changed $775,000 -2.5% $295 / Sq Ft
09/18/2017 09/18/17 Price Changed $795,000 -4.1% $303 / Sq Ft
08/29/2017 08/29/17 Price Changed $829,000 -3.5% $316 / Sq Ft
08/18/2017 08/18/17 For Sale $859,000 -- $327 / Sq Ft
Source: Bright MLS

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 $10,887 $908,800 $426,500 $482,300
2024 $10,887 $906,833 $0 $0
2023 $10,153 $904,867 $0 $0
2022 $9,679 $902,900 $426,500 $476,400
2021 $7,912 $829,200 $0 $0
2020 $7,912 $755,500 $0 $0
2019 $7,144 $681,800 $426,500 $255,300
2018 $7,149 $681,800 $426,500 $255,300
2017 $7,287 $681,800 $0 $0
2016 -- $773,900 $0 $0
2015 $7,132 $750,600 $0 $0
2014 $7,132 $727,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000053377

Bright MLS

APN: 10-01484255