NOT LISTED FOR SALE

11616 Luvie Ct Potomac, MD 20854

Estimated Value: $1,649,000 - $2,172,000

4 Beds
5 Baths
6,299 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $1,525,000 $242 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,575/month

8 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Dual Staircase
  • Potomac Elementary School Rated A
  • View of Trees or Woods
  • Colonial Architecture

About This Home

As of October 2021

Welcome to 11616 Luvie Court in Potomac's Merry Go Round Farm community. Located on a .87-acre lot with approximately 6,300 finished square feet, four bedrooms, three full baths and two half baths, three levels and a private pool, this wonderful property is ready for immediate occupancy. With a gracious entry hall, family room with a soaring ceiling and stone fireplace adjoining the gourmet kitchen, dining room, first-floor primary bedroom suite, three bedrooms and two bathrooms on the second level, a finished lower level with a spacious recreation room, loads of storage and a two-car, attached garage as well as a screened porch and covered, lower-level veranda overlooking the pool and yard, this property will afford you amenities and a lifestyle not easily found. Merry Go Round Farm is unique, as the 204-acre development with 81 custom-built homesites and large parcels of common areas offers country living less within thirty minutes from The White House and just four miles from Potomac Village. With an equestrian center, miles of trails for walking and riding and a 3/4-mile shared border along the C&O Canal National Park, this is a special retreat from the busy pace of the Washington, DC, area.

Last Agent to Sell the Property

Corey Burr

(301) 967-3344 chevychase@ttrsir.com TTR Sotheby's International Realty License #67286 Listed on: 08/30/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Jeffrey Ganz

(301) 208-2288 agentganz@gmail.com Century 21 Redwood Realty License #0225102492

Century 21 Redwood Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,821

Year Built

  • Built in 1996

Lot Details

  • 0.87 Acre Lot
  • East Facing Home
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room

Kitchen

  • Gourmet Kitchen
  • Built-In Double Oven
  • Cooktop
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement with some natural light

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Grab Bars
  • In Ground Pool

Community Details

  • Summit Management HOA, Phone Number (301) 495-0146
  • Merry Go Round Farm Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 160602882195

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,821

Year Built

Built in 1996

Lot Details

0

HOA Fees

$429 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Grab Bars Mod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1996
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Instant Hot Water, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Additional Stairway, Carpet, Ceiling Fan(s), Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Island, Kitchen - Gourmet, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane, Mantel(s), Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 6960
  • Living Area Sq Ft: 6299
  • Price Per Sq Ft: 283.73
  • Above Grade Finished Sq Ft: 4899
  • Below Grade Finished Sq Ft: 1400
  • Below Grade Sq Ft: 661
  • Total Below Grade Sq Ft: 2061
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Pool Features: In Ground
  • Spa: No
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Basement Garage, Built In, Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 429.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Name: SUMMIT MANAGEMENT
  • HOA Phone: 301-495-0146
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 598100.00
  • Land Assessed Value: 789000.00
  • Lot Size Acres: 0.87
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 37946.00
  • Property Condition: Very Good
  • Zoning: RE2C
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13921789
  • Tax Annual Amount: 15821.00
  • Assessor Parcel Number: 160602882195
  • Tax Lot: 40
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 7, 2021
Sold by
Tseckares Gail W and Tseckares Socrates N
Bought by
Tolin Seth Warren and Tolin Robin Gayle
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Jeffrey Ganz
Century 21 Redwood Realty
List Price
$1,390,000
Sold Price
$1,525,000
Premium/Discount to List
$135,000
9.71%
Current Estimated Value
$1,997,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,082
Avg. Annual Appreciation
5.98%
Original Mortgage
$1,143,750
Outstanding Balance
$1,045,845
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$912,015

Purchase Details

Closed on
Aug 24, 1995
Sold by
Pearson Luvie M
Bought by
Tseckares Socrates N
Source: Public Records
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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
Tolin Seth Warren $1,525,000 Commonwealth Land Ttl Ins Co
Tseckares Socrates N $295,000 --
W Socrates N $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolin Seth Warren $1,143,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,525,000 +9.7% $242 / Sq Ft
08/30/2021 08/30/21 For Sale $1,390,000 -- $221 / 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 $21,181 $1,790,867 -- --
2024 $21,181 $1,777,300 $789,000 $988,300
2023 $20,343 $1,647,233 $0 $0
2022 $16,697 $1,517,167 $0 $0
2021 $15,878 $1,387,100 $789,000 $598,100
2020 $9,412 $1,387,100 $789,000 $598,100
2019 $15,822 $1,387,100 $789,000 $598,100
2018 $8,725 $1,730,700 $789,000 $941,700
2017 $19,969 $1,712,100 $0 $0
2016 -- $1,693,500 $0 $0
2015 $18,868 $1,674,900 $0 $0
2014 $18,868 $1,668,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC756250

Bright MLS

APN: 06-02882195