11232 Korman Dr Potomac, MD 20854
Estimated Value: $1,071,000 - $1,279,000
Studio
3
Baths
2,450
Sq Ft
$467/Sq Ft
Est. Value
About This Home
This home is located at 11232 Korman Dr, Potomac, MD 20854 and is currently estimated at $1,143,078, approximately $466 per square foot. 11232 Korman Dr is a home located in Montgomery County with nearby schools including Wayside Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2005
Sold by
Kerness Jonathan D and Kerness A E
Bought by
Shen Guohua and Shen Yanqing Wang
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$168,350
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$974,728
Purchase Details
Closed on
Dec 5, 2005
Sold by
Kerness Jonathan D and Kerness A E
Bought by
Shen Guohua and Shen Yanqing Wang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$168,350
Interest Rate
6.34%
Mortgage Type
New Conventional
Estimated Equity
$974,728
Purchase Details
Closed on
Aug 8, 1996
Sold by
Sher Eileen R
Bought by
A Jonathan D and A Kerness E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shen Guohua | $822,000 | -- | |
| Shen Guohua | $822,000 | -- | |
| A Jonathan D | $337,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shen Guohua | $300,000 | |
| Closed | Shen Guohua | $300,000 |
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 | $9,514 | $824,000 | $421,400 | $402,600 |
| 2024 | $9,514 | $787,533 | $0 | $0 |
| 2023 | $8,381 | $751,067 | $0 | $0 |
| 2022 | $7,601 | $714,600 | $421,400 | $293,200 |
| 2021 | $7,462 | $711,900 | $0 | $0 |
| 2020 | $7,462 | $709,200 | $0 | $0 |
| 2019 | $7,416 | $706,500 | $421,400 | $285,100 |
| 2018 | $7,422 | $706,500 | $421,400 | $285,100 |
| 2017 | $7,565 | $706,500 | $0 | $0 |
| 2016 | -- | $725,000 | $0 | $0 |
| 2015 | $7,127 | $717,833 | $0 | $0 |
| 2014 | $7,127 | $710,667 | $0 | $0 |
Source: Public Records
Map
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