NOT LISTED FOR SALE

11608 Springridge Rd Potomac, MD 20854

Estimated Value: $1,870,000 - $2,251,000

2 Acres
$1,068,837 Price per Acre
87,120 Sq Ft Lot

Last Sold April 09, 2021

Last sale price $450,000

Est. 375% increase in value since last sale

Current estimated payment $12,068/month

90 Days on Market

About This Lot

As of April 2021

Do not miss your opportunity to build the home of your dreams on this tranquil two acre lot of land in Potomac. Nestled right off of River Road you will love the location of this beautifully wooded lot with endless possibilities accessed through Springridge Rd. Stakes are marked on the 87,120 square foot lot in which a home 7-8,000 square feet has been previously approved for construction. This peaceful and quiet lot features different levels of elevation to enhance privacy. Zoned in a top school district and within close proximity to I-495 and I-270.

Last Agent to Sell the Property

Bob Lucido

(410) 465-6900 hello@boblucidoteam.com Keller Williams Lucido Agency License #4037 Listed on: 10/08/2020

Keller Williams Lucido Agency

Last Buyer's Agent

Jennifer Slater

(301) 299-6000 jennifer.slater@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,444

Lot Details

  • 2 Acre Lot
  • Property is zoned RE2

Schools

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

Utilities

  • Public Hookup Available For Water
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160602411040
  • $392 Front Foot Fee per year

Property Details

Property Type

Land

Est. Annual Taxes

$10,444

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Expected On Market: 2020-10-12
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 5.45

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13857007
  • Tax Annual Amount: 10444.00
  • Assessor Parcel Number: 160602411040
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

Multi Family

  • Front Foot Fee: 391.95

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Apr 9, 2021
Sold by
Sharma Neeraj and Sharma Sunita
Bought by
Ratnofsky Alexander and Schwartz Judith
Seller's Agent
Bob Lucido
Keller Williams Lucido Agency
Buyer's Agent
Jennifer Slater
Long & Foster Real Estate, Inc.
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Current Estimated Value
$2,137,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,674
Avg. Annual Appreciation
38.35%

Purchase Details

Closed on
Jan 4, 2007
Sold by
Ficarra Bernard J Et Al Tr
Bought by
Ficarra Jean A Et Al Tr

Purchase Details

Closed on
Dec 13, 2006
Sold by
Ficarra Bernard J Et Al Tr
Bought by
Ficarra Jean A Et Al Tr

Purchase Details

Closed on
Oct 17, 2000
Sold by
Ficarra Bernard J and Ficarra J
Bought by
Ficarra Bernard J Et Al Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ratnofsky Alexander $450,000 Rgs Title Llc
Ficarra Jean A Et Al Tr -- --
Ficarra Jean A Et Al Tr -- --
Ficarra Bernard J Et Al Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 Sold $450,000 -5.3% --
01/06/2021 01/06/21 Pending -- -- --
10/28/2020 10/28/20 Price Changed $475,000 -13.6% --
10/08/2020 10/08/20 For Sale $550,000 -- --
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 $11,478 $1,588,567 -- --
2024 $11,478 $927,400 $927,400 --
2023 $11,286 $912,700 $0 $0
2022 $10,660 $898,000 $0 $0
2021 $10,471 $883,300 $883,300 $0
2020 $20,919 $883,300 $883,300 $0
2019 $10,445 $883,300 $883,300 $0
2018 $10,463 $883,300 $883,300 $0
2017 $10,221 $856,533 $0 $0
2016 $8,992 $829,767 $0 $0
2015 $8,992 $803,000 $0 $0
2014 $8,992 $803,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC728484

Bright MLS

APN: 06-02411040