NOT LISTED FOR SALE

11501 Big Piney Way Potomac, MD 20854

Estimated Value: $1,602,990 - $1,952,000

4 Beds
4.5 Baths
4,552 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $1,205,000 $265 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,902/month

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Potomac Elementary School Rated A
  • Traditional Floor Plan
  • 2 Fireplaces

About This Home

As of May 2012

Ideally located on a hill with southern exposure, overlooking the meadows and a small creek. Just minutes from Potomac Village, Spacious and bright. Spiral stair case in the central hall located to the left of the entrance. Gourmet kitchen w/ cherry cabinets opens to family room w/ wet bar and fireplace. Library on main floor. Master bedroom w/sitting room. Open Sunday March 18th 2-4pm

Last Agent to Sell the Property

Carolina Limardo

(301) 742-1795 carolina@longandfoster.com Long & Foster Real Estate, Inc. License #613869 Listed on: 11/04/2011

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Austin Hsu

(240) 606-6666 austin7h@gmail.com United Realty, Inc. License #520968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,162

Year Built

  • Built in 1986

Lot Details

  • 2 Acre Lot
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 2 Fireplaces
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 4.5 Bathrooms

Finished Basement

  • Connecting Stairway
  • Sump Pump

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Saddle Ridge Subdivision

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 160602390972

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,162

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1986
  • Remarks Public: Ideally located on a hill with southern exposure, overlooking the meadows and a small creek. Just minutes from Potomac Village, Spacious and bright. Spiral stair case in the central hall located to the left of the entrance. Gourmet kitchen w/ cherry cabinets opens to family room w/ wet bar and fireplace. Library on main floor. Master bedroom w/sitting room. Open Sunday March 18th 2-4pm
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Eat-In, Built-Ins, Crown Moldings, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Primary Bedroom, Study, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Sump Pump
  • Living Area Units: Square Feet
  • Street Number Modifier: 11501

Beds/Baths

  • Bedrooms: 4
  • 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

  • Construction Materials: Brick
  • Construction Completed: No
  • 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: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 554000.00
  • Land Assessed Value: 605000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13919941
  • Tax Annual Amount: 12161.78
  • Assessor Parcel Number: 160602390972
  • Tax Lot: 94
  • Tax Page Number: 732
  • Tax Total Finished Sq Ft: 4552
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 05/31/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2011
Closed on
May 31, 2012
Sold by
Tee Steven and The Hong L Tee Revocable Trust
Bought by
Chao James Chuan and Liu Shan
Seller's Agent
Carolina Limardo
Long & Foster Real Estate, Inc.
Buyer's Agent
Austin Hsu
United Realty, Inc.
List Price
$1,380,000
Sold Price
$1,205,000
Premium/Discount to List
-$175,000
-12.68%
Current Estimated Value
$1,824,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,248
Avg. Annual Appreciation
3.14%
Original Mortgage
$960,000
Outstanding Balance
$665,938
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,158,310

Purchase Details

Closed on
May 24, 2007
Sold by
Tee Hong L
Bought by
Tee Hong L Trustee

Purchase Details

Closed on
May 16, 2007
Sold by
Tee Hong L
Bought by
Tee Hong L Trustee

Purchase Details

Closed on
Feb 15, 2007
Sold by
Tee Giok S
Bought by
Tee Hong L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 26, 2006
Sold by
Tee Giok S
Bought by
Tee Hong L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
6.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 2, 2003
Sold by
Tee Giok S Tr
Bought by
Tee Giok S and Tee Hong L

Purchase Details

Closed on
Dec 13, 1995
Sold by
S Hong L and S Tee G
Bought by
Giok S Tee Tr
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
Chao James Chuan $1,205,000 Fidelity Natl Title Ins Co
Tee Hong L Trustee -- --
Tee Hong L Trustee -- --
Tee Hong L -- --
Tee Hong L -- --
Tee Giok S -- --
Giok S Tee Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chao James Chuan $960,000
Previous Owner Tee Hong L $437,500
Previous Owner Tee Hong L $437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $1,205,000 -7.2% $265 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
01/03/2012 01/03/12 Price Changed $1,299,000 -5.9% $285 / Sq Ft
11/25/2011 11/25/11 For Sale $1,380,000 +14.5% $303 / Sq Ft
11/19/2011 11/19/11 Off Market $1,205,000 -- --
11/04/2011 11/04/11 For Sale $1,380,000 -- $303 / 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 $15,106 $1,311,467 -- --
2024 $15,106 $1,249,600 $665,500 $584,100
2023 $14,006 $1,217,367 $0 $0
2022 $13,033 $1,185,133 $0 $0
2021 $12,572 $1,152,900 $665,500 $487,400
2020 $12,572 $1,152,900 $665,500 $487,400
2019 $12,547 $1,152,900 $665,500 $487,400
2018 $13,231 $1,213,500 $665,500 $548,000
2017 $13,287 $1,196,633 $0 $0
2016 $12,005 $1,179,767 $0 $0
2015 $12,005 $1,162,900 $0 $0
2014 $12,005 $1,161,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carolina Limardo

    Long & Foster

    (301) 742-1795

    7 Total Sales

    Carolina Limardo
    Section Image
  • Austin Hsu

    Buyer's Agent in 2012

    Austin Hsu

    United Realty, Inc.

    (240) 606-6666

    21 Total Sales

    Austin Hsu
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004632554

Bright MLS

APN: 06-02390972

Maryland Montgomery County Potomac 20854

11501 Big Piney Way, Potomac, MD

This home is located at 11501 Big Piney Way, Potomac, MD 20854 since 04 November 2011 and is currently estimated at $1,824,248, approximately $400 per square foot. This property was built in 1986. 11501 Big Piney Way 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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