Seller's Agent in 2023
Erich Cabe
Compass
(202) 320-6469
2 in this area
463 Total Sales
11504 Luvie Ct Potomac, MD 20854
Estimated Value: $1,706,000 - $2,188,000
6
Beds
4.5
Baths
6,150
Sq Ft
$314/Sq Ft
Est. Value
Highlights
- Community Stables
- Stables
- Lake Privileges
- Potomac Elementary School Rated A
- Fitness Center
- Craftsman Architecture
About This Home
As of August 2023River House is a custom built (1997) residence perched just above the Potomac River, C & O Canal and Park in sought after Merry Go Round Farm.
The home boasts river and Park views from almost every room, as well as a deep wrap around covered porch overlooking the Potomac.
As you enter the home, you are greeted with a spacious foyer that leads to a formal living room with vaulted ceilings and panoramic views. The main level also includes a formal dining room, a large private office, an eat-in kitchen, two wood-burning fireplaces, a mudroom/laundry, and access to the 2-car garage. The highlight of the main level is the deep wrap-around covered porch that offers stunning views of the Potomac River.
The second level features the primary suite, three additional bedrooms, and a hall bath, all accessible by dual stairways.
The third level boasts a sitting area, two additional bedrooms, and a full bath. The walk-out lower level includes a rec room, a second living room, and a full guest suite complete with a bedroom, bathroom, and kitchenette.
River House sits at the junction of two trails, one winding over to MGRF section B through beautiful woods overlooking the Potomac River, and the other leading to the C and O Canal or up to the horse barns. The trail to the canal also takes you to a canoe shed; canoes are kept there for community members to enjoy.
The community offers three lakes, 8 miles of forest riding and walking trails, lighted tennis courts, on-site groundskeeper, equestrian center, two stables, and barn staff. The HOA covers lawn care and common areas.
Merry Go Round Farm was built on Drew Pearson's farm, an active horse boarding operation, and is a subdivision that values private space and community equally. The community also has a social committee that plans community events throughout the year, making this a wonderful place to live.
River House is just minutes away from Potomac Village and excellent public and private schools. This home is a rare gem and a must-see for anyone looking for a luxurious and serene lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,890
Year Built
- Built in 1997
Lot Details
- 0.66 Acre Lot
- Property is zoned RE2C
HOA Fees
- $429 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 3 Driveway Spaces
- Front Facing Garage
Home Design
- Craftsman Architecture
- Frame Construction
- Shake Roof
- Shingle Roof
Interior Spaces
- Property has 4 Levels
- 3 Fireplaces
- Finished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
Outdoor Features
- Lake Privileges
Schools
- Potomac Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Horse Facilities and Amenities
- Horses Allowed On Property
- Paddocks
- Stables
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 160602882093
Community Details
Overview
- Association fees include management, reserve funds, road maintenance, snow removal, trash
- Merry Go Round Farm HOA
- Merry Go Round Farm Subdivision
- Property Manager
- Community Lake
Amenities
- Picnic Area
- Common Area
Recreation
- Tennis Courts
- Community Basketball Court
- Fitness Center
- Community Stables
- Horse Trails
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Aug 16, 2023
Sold by
Cockrell James L and Cockrell Christine Edinger
Bought by
Salahuddin Syeda Saleela and Johnson Blake Everett
Seller's Agent
Erich Cabe
Compass
Buyer's Agent
Shaila Sharmeen
HomeSmart
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Views
268
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
$179,681
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,089,300
Outstanding Balance
$1,060,171
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$869,510
Purchase Details
Closed on
Mar 19, 1996
Sold by
Home Federal Savings Bank
Bought by
Cockrell James L and Cockrell E Cockrell C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salahuddin Syeda Saleela | $1,750,000 | Wfg National Title | |
| Salahuddin Syeda Saleela | $1,750,000 | Wfg National Title | |
| Cockrell James L | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salahuddin Syeda Saleela | $1,089,300 | |
| Closed | Salahuddin Syeda Saleela | $1,089,300 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2023 08/16/23 | Sold | $1,750,000 | 0.0% | $285 / Sq Ft |
| 08/16/2023 08/16/23 | Price Changed | $1,750,000 | -2.5% | $285 / Sq Ft |
| 07/23/2023 07/23/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | Price Changed | $1,795,000 | 0.0% | $292 / Sq Ft |
| 06/12/2023 06/12/23 | For Sale | $1,795,000 | +2.6% | $292 / Sq Ft |
| 06/01/2023 06/01/23 | Off Market | $1,750,000 | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $1,900,000 | -- | $309 / Sq Ft |
Source: Bright MLS
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 | $18,709 | $1,614,767 | -- | -- |
| 2024 | $18,709 | $1,562,600 | $898,800 | $663,800 |
| 2023 | $19,368 | $1,562,600 | $898,800 | $663,800 |
| 2022 | $17,198 | $1,562,600 | $898,800 | $663,800 |
| 2021 | $17,110 | $1,564,200 | $971,100 | $593,100 |
| 2020 | $17,110 | $1,564,200 | $971,100 | $593,100 |
| 2019 | $17,082 | $1,564,200 | $971,100 | $593,100 |
| 2018 | $18,148 | $1,658,600 | $971,100 | $687,500 |
| 2017 | $18,197 | $1,633,167 | $0 | $0 |
| 2016 | -- | $1,607,733 | $0 | $0 |
| 2015 | $18,351 | $1,582,300 | $0 | $0 |
| 2014 | $18,351 | $1,582,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erich Cabe
-
Shaila Sharmeen
Buyer's Agent in 2023
Shaila Sharmeen
HomeSmart
(301) 332-7380
2 in this area
53 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2091004
APN: 06-02882093
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