NOT LISTED FOR SALE

11901 Centurion Way Potomac, MD 20854

Estimated Value: $2,368,000 - $2,921,000

2.01 Acres
$1,342,887 Price per Acre
87,556 Sq Ft Lot

Last Sold October 09, 2015

Last sale price $860,000

Est. 208% increase in value since last sale

Current estimated payment $16,440/month

110 Days on Market

About This Lot

As of October 2015

FINAL LOT in the exclusive and prestigious PALATINE neighborhood with premium 2 acres of meadow and peaceful wooded area that is near a cul-de-sac location. This exquisite home site features utmost privacy with pastoral setting and gorgeous views. Nestled among magnificent homes, this premiere lot is ready to build an extraordinary home!!! Come and build your dream home!!!

Last Agent to Sell the Property

John Lee

(301) 681-5000 jkleerealty@hotmail.com J.K. Lee Realty, Inc. License #83633 Listed on: 04/24/2015

Last Buyer's Agent

Michael Halpert

(202) 409-8018 michael.halpertcpa@gmail.com RE/MAX Realty Group License #SP98360619

RE/MAX Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,189

Lot Details

  • 2.01 Acre Lot
  • No Building Permits
  • Property is zoned RE2

HOA Fees

  • $83 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank

Community Details

  • Association fees include road maintenance, snow removal, insurance
  • Palatine Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160603639955

Property Details

Property Type

Land

Est. Annual Taxes

$6,189

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 10.27

Exterior Features

  • 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: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 250.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Road Maintenance, Snow Removal, Insurance
  • HOA Condo Co-Op Management Type: Builder/Developer
  • HOA: Yes

Schools

  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Lot Size Acres: 2.01
  • Lot Size Area: 87556
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87556.00
  • Possible Use: Residential
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14112019
  • Tax Annual Amount: 6189.04
  • Assessor Parcel Number: 160603639955
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Oct 9, 2015
Sold by
Cho John J and Cho Song M
Bought by
Ehsan Tariq and Ehsan Vini
Seller's Agent
John Lee
J.K. Lee Realty, Inc.
Buyer's Agent
Michael Halpert
RE/MAX Realty Group
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%
Current Estimated Value
$2,652,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,792,408
Avg. Annual Appreciation
11.81%
Original Mortgage
$774,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Dumont Oaks Corporation
Bought by
Cho John J and Cho Song M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ehsan Tariq $860,000 Commonwealth Land Title Insu
Cho John J $810,000 Quantum Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ehsan Tariq $774,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $860,000 -4.3% --
08/12/2015 08/12/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $899,000 -- --
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 $29,855 $2,340,500 $665,800 $1,674,700
2024 $29,855 $2,530,800 $665,800 $1,865,000
2023 $29,121 $2,469,200 $0 $0
2022 $27,215 $2,407,600 $0 $0
2021 $13,213 $2,346,000 $665,800 $1,680,200
2020 $26,427 $2,346,000 $665,800 $1,680,200
2019 $26,083 $2,346,000 $665,800 $1,680,200
2018 $6,618 $599,100 $599,100 $0
2017 $6,535 $580,967 $0 $0
2016 -- $562,833 $0 $0
2015 $5,758 $544,700 $0 $0
2014 $5,758 $544,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002326521

Bright MLS

APN: 06-03639955