Seller's Agent in 2019
Josh Ross
RE/MAX
(240) 404-7732
1 in this area
185 Total Sales
11500 Swains Lock Terrace Potomac, MD 20854
Estimated Value: $2,237,000 - $2,679,000
7
Beds
7.5
Baths
8,776
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Open Floorplan
- Deck
- Potomac Elementary School Rated A
- Dual Staircase
- Partially Wooded Lot
About This Home
As of May 2019This extraordinary stone front Craftmark Home offers over 9,000 sq. ft. of elegant living space in desirable cul-de-sac location. With four levels, 7BR | 7.5BA, this home is ideal for those seeking the perfect blend of nature and room to entertain without compromising the convenience of access to amenities or I-495. Walk to the C&O canal or take the bike path to Potomac Village. This entertainer s paradise offers an expansive kitchen featuring an island, breakfast room and additional counter space for bar stools. Over-sized sliders in kitchen lead to a custom Trex deck with automated awning that overlooks the backyard backing to over 50 acres of preserved parkland. Also enjoy this scenic setting from the screened-in porch with ceiling fans or expansive lower patio with beautiful paver walkway, built-in outdoor grill with granite counters, fire pit with stone knee wall & seating area with second automated awning! Master suite features spacious sitting room, marble bath with Jacuzzi and dual headed shower. Don t miss the tree-house/playhouse with electricity, loft area and internet! See fact sheet for further details.
Last Agent to Sell the Property
RE/MAX Realty Services License #602391 Listed on: 04/11/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,941
Year Built
- Built in 2000
Lot Details
- 2.61 Acre Lot
- Cul-De-Sac
- Stone Retaining Walls
- Landscaped
- Extensive Hardscape
- Sprinkler System
- Partially Wooded Lot
- Backs to Trees or Woods
- Front Yard
- Property is in very good condition
- Property is zoned RE2
HOA Fees
- $121 Monthly HOA Fees
Parking
- 4 Car Direct Access Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Traditional Architecture
- Stone Siding
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Dual Staircase
- Bar
- Ceiling height of 9 feet or more
- Recessed Lighting
- 2 Fireplaces
- Marble Fireplace
- Stone Fireplace
- Fireplace Mantel
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
- Den
- Bonus Room
- Game Room
- Home Gym
- Views of Woods
Kitchen
- Breakfast Room
- Eat-In Kitchen
- Built-In Oven
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
- Laundry Chute
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Basement Windows
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Deck
- Screened Patio
- Exterior Lighting
- Outdoor Grill
- Playground
- Porch
Schools
- Potomac Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- Built by Craftmark
- Saddle Ridge Subdivision
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number 160602813335
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2019
Closed on
May 20, 2019
Sold by
Reis Jason and Strauss Kit J
Bought by
Chen Bruce K and Chen Michaela M
Seller's Agent
Josh Ross
RE/MAX Realty Services
Buyer's Agent
Michael Morin
Long & Foster Real Estate, Inc.
List Price
$1,695,000
Sold Price
$1,665,000
Premium/Discount to List
-$30,000
-1.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$854,341
Avg. Annual Appreciation
6.80%
Original Mortgage
$1,100,000
Outstanding Balance
$971,090
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$1,548,251
Purchase Details
Closed on
Jun 19, 2009
Sold by
Strauss Kit J
Bought by
Reiss Jason
Purchase Details
Closed on
May 24, 2004
Sold by
Sorensen Severin L and Sorensen P S
Bought by
Strauss Kit J
Purchase Details
Closed on
Aug 24, 2000
Sold by
Piney Glen L C
Bought by
Sorensen Severin L and Sorensen P S
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Bruce K | $1,665,000 | Community Title Network Llc | |
| Reiss Jason | -- | -- | |
| Strauss Kit J | $1,675,000 | -- | |
| Strauss Kit J | $1,675,000 | -- | |
| Sorensen Severin L | $1,027,594 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Bruce K | $1,100,000 | |
| Previous Owner | Reis Jason | $311,000 | |
| Previous Owner | Reis Jason | $583,000 | |
| Previous Owner | Reis Jason | $500,000 | |
| Previous Owner | Reis Jason | $604,000 | |
| Previous Owner | Reis Jason | $621,000 | |
| Previous Owner | Reis Jason | $625,500 | |
| Previous Owner | Strauss Kit J | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2019 05/20/19 | Sold | $1,665,000 | -1.8% | $190 / Sq Ft |
| 04/11/2019 04/11/19 | For Sale | $1,695,000 | -- | $193 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $23,085 | $2,076,400 | -- | -- |
| 2024 | $23,085 | $1,942,700 | $685,600 | $1,257,100 |
| 2023 | $21,940 | $1,856,033 | $0 | $0 |
| 2022 | $20,055 | $1,769,367 | $0 | $0 |
| 2021 | $19,020 | $1,682,700 | $685,600 | $997,100 |
| 2020 | $18,993 | $1,682,700 | $685,600 | $997,100 |
| 2019 | $18,965 | $1,682,700 | $685,600 | $997,100 |
| 2018 | $5,373 | $1,714,600 | $685,600 | $1,029,000 |
| 2017 | $20,095 | $1,714,600 | $0 | $0 |
| 2016 | $17,703 | $1,714,600 | $0 | $0 |
| 2015 | $17,703 | $1,792,400 | $0 | $0 |
| 2014 | $17,703 | $1,740,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Ross
-
Kathleen Savitz
K
Seller Co-Listing Agent in 2019
Kathleen Savitz
RE/MAX
(301) 518-6777
2 Total Sales
-
Michael Morin
Buyer's Agent in 2019
Michael Morin
Long & Foster
(301) 385-9256
1 in this area
14 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC625736
APN: 06-02813335
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