NOT LISTED FOR SALE

11405 Palatine Dr Potomac, MD 20854

Estimated Value: $1,958,000 - $2,513,000

5 Beds
4.5 Baths
8,635 Sq Ft
$263/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $1,410,000 $163 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,996/month

106 Days on Market

Highlights

  • Gourmet Country Kitchen
  • View of Trees or Woods
  • Curved or Spiral Staircase
  • Potomac Elementary School Rated A
  • Open Floorplan
  • Colonial Architecture

About This Home

As of February 2018

Exceptional well known Chet Cowan built home "like new" w/big, open flr plan, front & back staircases, 3 c garage on priv 2 ac setting. Bright, sunny interior w/9'+ ceilings. Main lvl Library, Sun/Music Rm; Gourmet Kitchen open to dramatic Family Rm w/soaring stone fireplace.Sumptuous Mstr Suite w/Sitting Rm, Renov. Mstr Bath. Daylight, w/o lwr lvl w/rec rm, exercise rm & Au Pair Suite. Churchill!

Last Agent to Sell the Property

Anne Killeen

Washington Fine Properties, LLC License #SP00094539 Listed on: 08/17/2017

Washington Fine Properties, LLC

Last Buyer's Agent

Shuang Zhao

Signature Home Realty LLC License #656735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,722

Year Built

  • Built in 1997

Lot Details

  • 2 Acre Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Palladian Windows
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Basement Entry
  • Basement Windows

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by CHET COWAN
  • Palatine Subdivision, Fantastic! Floorplan

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160602870836
  • $1,976 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,722

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Exceptional well known Chet Cowan built home "like new" w/big, open flr plan, front & back staircases, 3 c garage on priv 2 ac setting. Bright, sunny interior w/9'+ ceilings. Main lvl Library, Sun/Music Rm; Gourmet Kitchen open to dramatic Family Rm w/soaring stone fireplace.Sumptuous Mstr Suite w/Sitting Rm, Renov. Mstr Bath. Daylight, w/o lwr lvl w/rec rm, exercise rm & Au Pair Suite. Churchill!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Country, Combination Kitchen/Living, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Kitchen - Gourmet, Built-Ins, Upgraded Countertops, Crown Moldings, Primary Bath(s), Curved Staircase, Double/Dual Staircase, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Palladian, Screens
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Study, Sun/Florida Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Daylight, Partial, Full, Fully Finished, Heated, Improved, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 8635
  • Living Area Sq Ft: 8635
  • Price Per Sq Ft: 266.02
  • Above Grade Finished Sq Ft: 5635
  • Below Grade Finished Sq Ft: 3000
  • Total Below Grade Sq Ft: 3000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11405

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Synthetic Stucco
  • Pool Private: No
  • Roof: Asphalt
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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: 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

Green Features

  • Green Verification: No

Lot Info

  • Lot Features: Backs To Trees
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: RE2

Building Info

  • Builder Name: CHET COWAN

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16722.12
  • Assessor Parcel Number: 160602870836
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 5635
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 02/14/2018

Multi Family

  • Front Foot Fee: 1975.68

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Feb 12, 2018
Sold by
Gorin Timothy and Gorin Stacy M
Bought by
Chen Zhen and Jia Li
Seller's Agent
Anne Killeen
Washington Fine Properties, LLC
Buyer's Agent
Shuang Zhao
Signature Home Realty LLC
List Price
$1,638,000
Sold Price
$1,410,000
Premium/Discount to List
-$228,000
-13.92%
Current Estimated Value
$2,273,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,409
Avg. Annual Appreciation
5.60%
Original Mortgage
$840,000
Interest Rate
5.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 1996
Sold by
Dumont Oaks Corp
Bought by
M Timothy and M Gorin S
Source: Public Records

Range of Values:

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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
Chen Zhen $1,410,000 None Available
M Timothy $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhen $600,000
Closed Chen Zhen $765,000
Closed Chen Zhen $840,000
Previous Owner Gorin Stacy M $910,000
Previous Owner Gorin Timothy $729,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2018 02/14/18 Sold $1,410,000 -5.9% $163 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/07/2017 11/07/17 Price Changed $1,499,000 -8.5% $174 / Sq Ft
08/17/2017 08/17/17 For Sale $1,638,000 -- $190 / 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 $19,311 $1,726,267 -- --
2024 $19,311 $1,614,900 $665,500 $949,400
2023 $17,535 $1,523,700 $0 $0
2022 $15,762 $1,432,500 $0 $0
2021 $14,681 $1,341,300 $665,500 $675,800
2020 $14,336 $1,312,767 $0 $0
2019 $13,995 $1,284,233 $0 $0
2018 $15,871 $1,255,700 $665,500 $590,200
2017 $16,030 $1,239,000 $0 $0
2016 -- $1,222,300 $0 $0
2015 $15,045 $1,205,600 $0 $0
2014 $15,045 $1,205,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000056095

Bright MLS

APN: 06-02870836