NOT LISTED FOR SALE

11321 Albermyrtle Rd Potomac, MD 20854

Estimated Value: $2,864,000 - $3,791,257

2.84 Acres
$1,154,138 Price per Acre
123,710 Sq Ft Lot

Last Sold April 26, 2019

Last sale price $880,000

Est. 272% increase in value since last sale

Current estimated payment $20,572/month

41 Days on Market

About This Lot

As of April 2019

Exceptional opportunity for building a truly spectacular home with public water, sewer and gas at the lot! And, this is a level, rectangular lot NOT A PIPESTEM!

Last Agent to Sell the Property

Bonnie Barker

Long & Foster Real Estate, Inc. License #0225207191 Listed on: 02/16/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Gurdeep Bawa

Long & Foster Real Estate, Inc. License #524575

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,657

Lot Details

  • 2.84 Acre Lot
  • Property is zoned RE2

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160600404602

Property Details

Property Type

Land

Est. Annual Taxes

$7,657

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Remarks Public: Exceptional opportunity for building a truly spectacular home with public water, sewer and gas at the lot! And, this is a level, rectangular lot NOT A PIPESTEM!
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 7.27
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11321

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.84
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 123710.00
  • Year Assessed: 2018
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13917779
  • Tax Annual Amount: 7657.00
  • Assessor Parcel Number: 160600404602
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 04/26/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2019
Closed on
Apr 25, 2019
Sold by
Stamoulis Ourania and Stamoulis Constantinos
Bought by
Bawa Simranjit S and Bawa Navneet K
Seller's Agent
Bonnie Barker
Long & Foster Real Estate, Inc.
Buyer's Agent
Gurdeep Bawa
Long & Foster Real Estate, Inc.
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
$3,277,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,397,752
Avg. Annual Appreciation
22.43%
Original Mortgage
$572,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Bawa Simranjit S $880,000 Rgs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bawa Simranjit S $1,855,000
Closed Bawa Simranjit S $1,855,000
Previous Owner Bawa Simranjit S $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $880,000 -2.1% --
03/29/2019 03/29/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $899,000 -- --
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 $32,958 $2,830,333 -- --
2024 $32,958 $2,734,600 $727,800 $2,006,800
2023 $38,255 $2,734,600 $727,800 $2,006,800
2022 $7,777 $704,733 $0 $0
2021 $127 $693,200 $693,200 $0
2020 $7,647 $693,200 $693,200 $0
2019 $7,644 $693,200 $693,200 $0
2018 $7,658 $693,200 $693,200 $0
2017 $9,013 $672,200 $0 $0
2016 -- $651,200 $0 $0
2015 $8,272 $630,200 $0 $0
2014 $8,272 $630,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC619664

Bright MLS

APN: 06-00404602