NOT LISTED FOR SALE

11508 Skipwith Ln Potomac, MD 20854

Estimated Value: $3,587,786 - $3,874,000

7 Beds
8 Baths
8,400 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $2,525,000 $301 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $22,552/month

102 Days on Market

Highlights

  • Gourmet Kitchen
  • Waterfall on Lot
  • 2 Acre Lot
  • Potomac Elementary School Rated A
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of August 2014

GOOD NEWS! SELLERS READY TO MOVE & HAVE LISTENED TO THE MARKET. EXCEPTIONAL PRICE FOR 8400 SF CUSTOM CONSTRUCTED HOME/COVETED 9'+CEILINGS, GREAT OPEN FLR PLAN, PHENOMENAL CHEF'S KIT, DYNAMITE MUD RM & MOM'S OFFICE, HOME THEATER. ALMOST NEW CONDITION, ROOM FOR POOL. 5+CAR PKG. A DREAM HOUSE W/IDEAL LOCATION NEAR C&0 CANAL, CLARA BARTON PKWY. ACT NOW!

Last Agent to Sell the Property

Adaline Neely

(301) 580-2214 adaline.neely@wfp.com Washington Fine Properties, LLC License #79611 Listed on: 04/03/2014

Washington Fine Properties, LLC

Co-Listed By

Anne Killeen

(301) 706-0067 toprealtormd.dc@gmail.com Washington Fine Properties, LLC License #SP00094539

Last Buyer's Agent

Adaline Neely

(301) 580-2214 adaline.neely@wfp.com Washington Fine Properties, LLC License #79611 Listed on: 04/03/2014

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,339

Year Built

  • Built in 2004

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Private Lot
  • Premium Lot
  • The property's topography is level, moderate slope
  • Partially Wooded Lot
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 8 Car Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • French Doors
  • Insulated Doors
  • Six Panel Doors
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Library
  • Wood Flooring
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement Windows

Outdoor Features

  • Stream or River on Lot
  • Waterfall on Lot
  • Shed
  • Playground
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Utilizes Bottled Gas
  • Humidifier
  • Heat Pump System
  • Vented Exhaust Fan
  • Bottled Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by CUSTOM AND SPECTACULAR
  • Potomac Falls Subdivision, Custom Floorplan

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161001720736

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,339

Year Built

Built in 2004

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: GOOD NEWS! SELLERS READY TO MOVE & HAVE LISTENED TO THE MARKET. EXCEPTIONAL PRICE FOR 8400 SF CUSTOM CONSTRUCTED HOME/COVETED 9'+CEILINGS, GREAT OPEN FLR PLAN, PHENOMENAL CHEF'S KIT, DYNAMITE MUD RM & MOM'S OFFICE, HOME THEATER. ALMOST NEW CONDITION, ROOM FOR POOL. 5+CAR PKG. A DREAM HOUSE W/IDEAL LOCATION NEAR C&0 CANAL, CLARA BARTON PKWY. ACT NOW!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Humidifier, Oven - Wall, Stove, Washer, Oven - Double, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Gas, Range Hood, Refrigerator
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Dining Area, Family Room Off Kitchen, Butlers Pantry, Breakfast Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Chair Railings, Crown Moldings, Window Treatments, Wood Floors, Wainscotting, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Insulated, Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Tray Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Library, Foyer, Study, Great Room, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Heated, Windows, Full, Fully Finished, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 10800
  • Living Area Sq Ft: 8400
  • Price Per Sq Ft: 482.46
  • Above Grade Finished Sq Ft: 5700
  • Above Grade Unfinished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 2700
  • Total Below Grade Sq Ft: 2700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11508

Beds/Baths

  • Bedrooms: 7
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Play Area, Water Falls
  • Roof: Metal, Shingle
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 8.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry, Garage - Side Entry
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Driveway, Detached Garage, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Bottled Gas/Propane, Electric
  • Heating Type: Heat Pump(s), Forced Air, Zoned, Central
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Security: Security System
  • Sewer/Septic System: Septic Exists
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially, Rear
  • Lot Features: Landscaping, Private, Partly Wooded, Premium, Trees/Wooded, Stream/Creek
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Porch(es), Wrap Around
  • Property Condition: Very Good
  • Topography: Level, Moderate Slope
  • Year Assessed: 2014
  • Zoning: RE2

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Building Info

  • Builder Name: CUSTOM AND SPECTACULAR

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 26338.53
  • Assessor Parcel Number: 161001720736
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 5096
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 08/29/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Aug 29, 2014
Sold by
Hendricks Mark C and Hendricks Maren H
Bought by
Spencer Joshua K and Taylor April E
Seller's Agent
Adaline Neely
Washington Fine Properties, LLC
Buyer's Agent
Adaline Neely
Washington Fine Properties, LLC
List Price
$3,150,000
Sold Price
$2,525,000
Premium/Discount to List
-$625,000
-19.84%
Current Estimated Value
$3,730,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,205,197
Avg. Annual Appreciation
3.57%
Original Mortgage
$1,525,000
Outstanding Balance
$1,110,267
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,619,930

Purchase Details

Closed on
Mar 27, 2013
Sold by
Hendricks Mark C
Bought by
Hendricks Mark C and Hendricks Maren H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,307
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Seay Michael Trustee
Bought by
Hendricks Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.08%

Purchase Details

Closed on
Dec 5, 2002
Sold by
Seay Faith C and Seay Michael W
Bought by
Hendricks Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.08%

Purchase Details

Closed on
May 1, 2002
Sold by
Seay Temple W
Bought by
Seay Michael Trustee
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
Spencer Joshua K $2,525,000 Fidelity Natl Title Ins Co
Hendricks Mark C -- None Available
Hendricks Mark C $1,200,000 --
Hendricks Mark C $1,200,000 Fidelity Natl Title Ins Co
Seay Michael Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Joshua K $1,525,000
Previous Owner Hendricks Mark C $619,307
Previous Owner Hendricks Mark C $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $2,525,000 -8.2% $301 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
05/05/2014 05/05/14 Price Changed $2,750,000 -12.7% $327 / Sq Ft
04/03/2014 04/03/14 For Sale $3,150,000 -- $375 / 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 $33,061 $3,183,200 $900,000 $2,283,200
2024 $33,061 $2,809,300 $0 $0
2023 $26,107 $2,435,400 $0 $0
2022 $22,703 $2,061,500 $900,000 $1,161,500
2021 $22,596 $2,061,500 $900,000 $1,161,500
2020 $22,596 $2,061,500 $900,000 $1,161,500
2019 $28,192 $2,571,700 $1,001,000 $1,570,700
2018 $27,979 $2,548,467 $0 $0
2017 $28,232 $2,525,233 $0 $0
2016 -- $2,502,000 $0 $0
2015 $24,079 $2,430,100 $0 $0
2014 $24,079 $2,358,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002916746

Bright MLS

APN: 10-01720736