NOT LISTED FOR SALE

11501 Cherry Grove Dr North Potomac, MD 20878

Estimated Value: $702,000 - $929,000

4 Beds
3 Baths
1,973 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $370,000 $188 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,171/month

102 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • No HOA
  • Thurgood Marshall Elementary School Rated A-
  • Wood Flooring
  • Family Room Off Kitchen

About This Home

As of March 2014

Must see lovely contemporary 4 bedroom, 3 bathroom with gorgeous wood floors, center island kitchen, main level master bedroom suite with bath and sitting room, main level office, large driveway, patio, fenced backyard and more. This home shows very well, and is in tip top condition!

Last Agent to Sell the Property

Thomas Powers

(301) 613-7253 thomas@powerhomes.com Long & Foster Real Estate, Inc. License #316483 Listed on: 10/12/2013

Long & Foster Real Estate, Inc.

Co-Listed By

Matt Lateer

(240) 753-2635 mattlateer@gmail.com Long & Foster Real Estate, Inc. License #BR98369346

Last Buyer's Agent

HONG CHEN

property0113@gmail.com Prostage Realty, LLC License #MRIS:3024835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,973 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Quince Orchard Knolls Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160600411983

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,690

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Refrigerator, Stove
  • Interior Amenities: Dining Area, Kitchen - Table Space, Family Room Off Kitchen, Chair Railings, Wood Floors, Primary Bath(s), Crown Moldings, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1973
  • Living Area Sq Ft: 1973
  • Price Per Sq Ft: 195.13
  • Above Grade Finished Sq Ft: 1973
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 184800.00
  • Land Assessed Value: 202500.00
  • Lot Size Acres: 0.32
  • Lot Size Area: 13768
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13768.00
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13917956
  • Tax Annual Amount: 4690.26
  • Assessor Parcel Number: 160600411983
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2013
Closed on
Mar 28, 2014
Sold by
Fox James T
Bought by
Apex Construction & Development Llc
Seller's Agent
Thomas Powers
Long & Foster Real Estate, Inc.
Buyer's Agent
HONG CHEN
Prostage Realty, LLC
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$849,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,143
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Apr 27, 2004
Sold by
Fitzgerald Matthew
Bought by
Fox James T

Purchase Details

Closed on
Jun 24, 2003
Sold by
Thomasson Louis S and Thomasson D
Bought by
Fitzgerald Matthew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Apex Construction & Development Llc $370,000 First American Title Ins Co
Fox James T $440,000 --
Fitzgerald Matthew $111,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $370,000 -3.9% $188 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
12/30/2013 12/30/13 Price Changed $385,000 0.0% $195 / Sq Ft
12/30/2013 12/30/13 For Sale $385,000 -5.9% $195 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $409,000 +10.5% $207 / Sq Ft
10/27/2013 10/27/13 Off Market $370,000 -- --
10/23/2013 10/23/13 For Sale $409,000 +10.5% $207 / Sq Ft
10/14/2013 10/14/13 Off Market $370,000 -- --
10/12/2013 10/12/13 For Sale $409,000 -- $207 / 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 $8,621 $760,333 -- --
2024 $8,621 $710,000 $233,900 $476,100
2023 $8,253 $679,900 $0 $0
2022 $7,578 $649,800 $0 $0
2021 $5,109 $619,700 $222,700 $397,000
2020 $5,109 $433,133 $0 $0
2019 $5,043 $428,567 $0 $0
2018 $4,993 $424,000 $222,700 $201,300
2017 $4,941 $411,767 $0 $0
2016 -- $399,533 $0 $0
2015 $4,821 $387,300 $0 $0
2014 $4,821 $387,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003742530

Bright MLS

APN: 06-00411983