NOT LISTED FOR SALE

11548 Springridge Rd Potomac, MD 20854

Estimated Value: $2,658,000 - $3,110,146

6 Beds
9 Baths
10,144 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $1,840,000 $181 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $18,320/month

11 Days on Market

Highlights

  • Private Pool
  • Gourmet Country Kitchen
  • 4 Fireplaces
  • Morton Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of June 2018

MAGNIFICENT GATED ESTATEON 2 LUSH ACRES W/CIRCULAR DRIVE FEATURES OVER 10,000 SF OF CLASSIC ARCHITECTURE INCLUDING A GRAND 2-STORY MARBLE FOYER, HIGH CEILINGS, CUSTOM PANELED LIBRARY, 6 ENSUITE BEDROOMS + A HUGE BEAUTIFULLY UPDATED KITCHEN & MARBLE BATHS. MAGNIFICENT GROUNDS, HEATED POOL AND SPA + OUTDOOR KITCHEN IDEAL FOR ELEGANT ENTERTAINING OR CASUAL FAMILY LIVING!

Last Agent to Sell the Property

James Thomas

(301) 728-1700 jimthomasremax2000@gmail.com DMV Realty Group, Inc License #0225026302 Listed on: 05/26/2018

DMV Realty Group, Inc

Last Buyer's Agent

Helena Pulyaeva

(301) 646-1883 helenapulyaeva@gmail.com RE/MAX Realty Services License #522067

RE/MAX Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,507

Year Built

  • Built in 1986

Lot Details

  • 2 Acre Lot
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • Property has 3 Levels
  • Skylights
  • 4 Fireplaces
  • Six Panel Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Pool

  • Private Pool

Utilities

  • Heat Pump System
  • Multi-Tank Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Darnestown Outside Subdivision

Listing and Financial Details

  • Tax Lot P14
  • Assessor Parcel Number 160602535214

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,507

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Dining Area, Kitchen - Eat-In, Kitchen - Gourmet
  • Window Features: Skylights
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Six Panel
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 10144
  • Living Area Sq Ft: 10144
  • Price Per Sq Ft: 302.73
  • Above Grade Finished Sq Ft: 6600
  • Below Grade Finished Sq Ft: 3544
  • Total Below Grade Sq Ft: 3544
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Fiberglass, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 1291700.00
  • Land Assessed Value: 883300.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13857785
  • Tax Annual Amount: 25506.96
  • Assessor Parcel Number: 160602535214
  • Tax Lot: P14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jun 29, 2018
Sold by
Furman Ilya M and Furman Jane
Bought by
Kumar Mukesh and Nijhara Ruchika
Seller's Agent
James Thomas
DMV Realty Group, Inc
Buyer's Agent
Helena Pulyaeva
RE/MAX Realty Services
List Price
$1,198,000
Sold Price
$1,840,000
Premium/Discount to List
$642,000
53.59%
Current Estimated Value
$2,870,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,030,892
Avg. Annual Appreciation
6.30%
Original Mortgage
$1,472,000
Outstanding Balance
$1,225,716
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,688,071
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
Kumar Mukesh $1,840,000 First Amer Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Mukesh $1,472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $1,840,000 -7.9% $181 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/26/2018 05/26/18 Price Changed $1,998,000 +66.8% $197 / Sq Ft
05/26/2018 05/26/18 For Sale $1,198,000 -- $118 / 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 $39,879 $2,628,400 $927,400 $1,701,000
2024 $39,879 $3,401,500 $927,400 $2,474,100
2023 $35,951 $3,001,867 $0 $0
2022 $28,670 $2,602,233 $0 $0
2021 $24,177 $2,202,600 $883,300 $1,319,300
2020 $24,051 $2,193,400 $0 $0
2019 $23,919 $2,184,200 $0 $0
2018 $23,853 $2,175,000 $883,300 $1,291,700
2017 $24,815 $2,175,000 $0 $0
2016 -- $2,175,000 $0 $0
2015 $18,030 $2,500,000 $0 $0
2014 $18,030 $2,240,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001624314

Bright MLS

APN: 06-02535214