NOT LISTED FOR SALE

11343 Albermyrtle Rd Potomac, MD 20854

Estimated Value: $2,314,000 - $2,562,323

1.92 Acres
$1,279,990 Price per Acre
83,635 Sq Ft Lot

Last Sold May 02, 2016

Last sale price $700,000

Est. 251% increase in value since last sale

Current estimated payment $14,972/month

8 Days on Market

Highlights

  • No HOA
  • Potomac Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of May 2016

GORGEOUS 2 Acre lot in the heart of Potomac (adj to Palatine). This private lot is located at the end of a cul de sac in a neighborhood of stately homes. This sought after location offers: Churchill School District and close proximity to The Village, Shady Grove Road and I-270. PUBLIC WATER AND SEWER, GAS AND ELECTRIC AVAILABLE. Bring your own Builder or Mitchell & Best Spec Plans Available.

Last Agent to Sell the Property

Rory Coakley

Rory S. Coakley Realty, Inc. Listed on: 08/06/2015

Co-Listed By

Kathleen Meyer

Rory S. Coakley Realty, Inc.

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,016

Lot Details

  • 1.92 Acre Lot
  • Cul-De-Sac
  • Property is zoned RE2

Schools

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160602934654
  • $1,200 Front Foot Fee per year

Community Details

Overview

  • No Home Owners Association
  • Darnestown Outside Subdivision

Recreation

  • Pipestem Lot

Property Details

Property Type

Land

Est. Annual Taxes

$8,016

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Remarks Public: GORGEOUS 2 Acre lot in the heart of Potomac (adj to Palatine). This private lot is located at the end of a cul de sac in a neighborhood of stately homes. This sought after location offers: Churchill School District and close proximity to The Village, Shady Grove Road and I-270. PUBLIC WATER AND SEWER, GAS AND ELECTRIC AVAILABLE. Bring your own Builder or Mitchell & Best Spec Plans Available.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 8.61
  • Street Number Modifier: 11343

Exterior Features

  • 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

  • Condo Co-Op Association: No
  • 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
  • School District Key: 121138126809
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Lot Features: Cul-De-Sac, Pipe Stem
  • Lot Size Acres: 1.92
  • Lot Size Area: 83656
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 83656.00
  • Possible Use: Residential
  • Year Assessed: 2015
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13921848
  • Tax Annual Amount: 8015.62
  • Assessor Parcel Number: 160602934654
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/02/2016

Multi Family

  • Front Foot Fee: 1200.50

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Apr 29, 2016
Sold by
Elgawhary Asem M and Elgawhary Suhair A
Bought by
Liu Bill Xiaobin and Wu Wei
Seller's Agent
Rory Coakley
Rory S. Coakley Realty, Inc.
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$720,000
Sold Price
$700,000
Premium/Discount to List
-$20,000
-2.78%
Current Estimated Value
$2,457,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,757,581
Avg. Annual Appreciation
14.50%

Purchase Details

Closed on
Aug 25, 1998
Sold by
Elgawhary Asem M and Elgawhary A Elgawhary S
Bought by
Elgawhary Asem M

Purchase Details

Closed on
Mar 31, 1994
Sold by
Crawford V L
Bought by
Elgawhary Asem M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
7.07%
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
Liu Bill Xiaobin $700,000 First American Title Ins Co
Elgawhary Asem M -- --
Elgawhary Asem M $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Bill Xiaobin $760,000
Closed Liu Bill Xiaobin $900,000
Closed Liu Bill Xiaobin $1,000,000
Previous Owner Elgawhary Asem M $214,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $700,000 -2.8% --
08/14/2015 08/14/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $720,000 -- --
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 $19,286 $1,878,767 -- --
2024 $19,286 $1,613,200 $693,700 $919,500
2023 $18,561 $1,613,200 $693,700 $919,500
2022 $17,756 $1,613,200 $693,700 $919,500
2021 $20,196 $1,843,900 $660,600 $1,183,300
2020 $20,196 $1,843,900 $660,600 $1,183,300
2019 $20,546 $1,843,900 $660,600 $1,183,300
2018 $8,498 $660,600 $660,600 $0
2017 $8,407 $640,600 $0 $0
2016 -- $620,600 $0 $0
2015 $7,633 $600,600 $0 $0
2014 $7,633 $600,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rory Coakley

    Seller's Agent in 2016

    Rory Coakley

    Rory S. Coakley Realty, Inc.

    (301) 758-8130

    2 in this area

    22 Total Sales

    Rory Coakley
    Section Image
  • Kathleen Meyer

    Seller Co-Listing Agent in 2016

    Kathleen Meyer

    Rory S. Coakley Realty, Inc.

    (240) 422-0765

    2 in this area

    29 Total Sales

    Kathleen Meyer
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002364903

Bright MLS

APN: 06-02934654

Maryland Montgomery County Potomac 20854

11343 Albermyrtle Rd, Potomac, MD

This home is located at 11343 Albermyrtle Rd, Potomac, MD 20854 since 06 August 2015 and is currently estimated at $2,457,581. 11343 Albermyrtle Rd is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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