NOT LISTED FOR SALE

11524 Highland Farm Rd Potomac, MD 20854

Estimated Value: $1,228,000 - $2,532,000

12 Acres
$156,667 Price per Acre
522,720 Sq Ft Lot

Last Sold October 15, 2019

Last sale price $3,300,000 $426 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $10,893/month

Highlights

  • Guest House
  • Scenic Views
  • Carriage House
  • Potomac Elementary School Rated A
  • 12 Acre Lot
  • Premium Lot

About This Lot

As of October 2019

Welcome to this extraordinary estate property consisting of 5 lots on a total of 12 acres in the very prestigious Round Hill community in Potomac, Md. A large California style brick ranch home is sited on a 3+ acre lot with pool and circular drive and serves as the manor home for this breathtaking estate. An expansive open floor plan features large sun-filled well-proportioned rooms highlighted with large picture windows. The opportunity to both custom design and build a private masterpiece or further develop the site into a private compound is truly unique. Centrally located in a community of luxury multimillion dollar homes, this exceptional and special enclave of exclusive lots and property awaits its charmed future owner.

Last Agent to Sell the Property

Marc Fleisher

(202) 438-4880 marc@fleisherarrowood.com Compass Listed on: 03/26/2019

Compass

Co-Listed By

Craig Chase

(301) 641-0336 craig@thefleishergroup.com Compass

Last Buyer's Agent

Lori Leasure

(240) 498-1884 lori.leasure@wfp.com Washington Fine Properties, LLC License #0225243922

Washington Fine Properties, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,581

Lot Details

  • 12 Acre Lot
  • Landscaped
  • Premium Lot
  • Additional Parcels
  • Property is zoned R1

Property Views

  • Scenic Vista
  • Woods
  • Pasture
  • Garden

Home Design

  • Carriage House

Additional Homes

  • Guest House

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 160602493791

Community Details

Overview

  • No Home Owners Association
  • Saddle Ridge Subdivision

Recreation

  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$19,581

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Remarks Public: Welcome to this extraordinary estate property consisting of 5 lots on a total of 12 acres in the very prestigious Round Hill community in Potomac, Md. A large California style brick ranch home is sited on a 3+ acre lot with pool and circular drive and serves as the manor home for this breathtaking estate. An expansive open floor plan features large sun-filled well-proportioned rooms highlighted with large picture windows. The opportunity to both custom design and build a private masterpiece or further develop the site into a private compound is truly unique. Centrally located in a community of luxury multimillion dollar homes, this exceptional and special enclave of exclusive lots and property awaits its charmed future owner.
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Price Per Sq Ft: 7.64
  • Street Number Modifier: 11524

Exterior Features

  • Other Structures List: Carriage House, Guest House
  • Construction Completed: No
  • View: Garden/Lawn, Pasture, Scenic Vista, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: Yes
  • Improvement Assessed Value: 866000.00
  • Lot Features: Landscaping, Premium
  • Lot Size Acres: 12.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 522720.00
  • Outdoor Living Structures: Patio(s)
  • Possible Use: Residential
  • Year Assessed: 2019
  • Zoning: R1
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13857590
  • Tax Annual Amount: 19581.00
  • Assessor Parcel Number: 160602493791
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/15/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Blair David and Blair Mikel
Bought by
Blair David and Blair Mikel
Current Estimated Value
$1,880,000

Purchase Details

Listed on
Mar 26, 2019
Closed on
Oct 15, 2019
Sold by
Dear Margaret R and Dear David
Bought by
Blair David and Blair Mikel
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Lori Leasure
Washington Fine Properties, LLC
List Price
$3,995,000
Sold Price
$3,300,000
Premium/Discount to List
-$695,000
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.98%

Purchase Details

Closed on
Apr 30, 1986
Bought by
Dear Margaret R and D R
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
Blair David -- New Title Company Name
Blair David -- New Title Company Name
Blair David $3,300,000 Paragon Title & Escrow Co
Dear Margaret R $155,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $3,300,000 -17.4% $426 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $3,995,000 -- $515 / 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 $11,455 $1,253,400 $1,253,400 --
2024 $11,455 $959,500 $959,500 $0
2023 $11,727 $959,500 $959,500 $0
2022 $20,094 $1,762,300 $0 $0
2021 $19,638 $1,728,100 $955,300 $772,800
2020 $10,117 $1,728,100 $955,300 $772,800
2019 $18,890 $1,728,100 $955,300 $772,800
2018 $10,141 $1,821,300 $955,300 $866,000
2017 $19,607 $1,771,767 $0 $0
2016 -- $1,722,233 $0 $0
2015 $19,008 $1,672,700 $0 $0
2014 $19,008 $1,672,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC625936

Bright MLS

APN: 06-02493791