11912 Gainsborough Rd Potomac, MD 20854
Estimated Value: $1,197,000 - $1,397,000
            
                --
                Bed
            
            
            
                3
                Baths
            
            
            
                3,298
                Sq Ft
            
            
                
                    $390/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 11912 Gainsborough Rd, Potomac, MD 20854 and is currently estimated at $1,286,241, approximately $390 per square foot. 11912 Gainsborough Rd is a home located in Montgomery County with nearby schools including Beverly Farms Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 24, 2020
            
        
                Sold by
            
            
                Walls Robert Allen and Walls Mari
            
        
                Bought by
            
            
                Walls Mari
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Aug 8, 2007
            
        
                Sold by
            
            
                Verga Michael G
            
        
                Bought by
            
            
                Walls Mari
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $860,000
            
        
                Interest Rate
            
            
                6.67%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jul 31, 2007
            
        
                Sold by
            
            
                Verga Michael G
            
        
                Bought by
            
            
                Walls Mari
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $860,000
            
        
                Interest Rate
            
            
                6.67%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Aug 8, 2006
            
        
                Sold by
            
            
                Frank Samuel J Et Al Tr
            
        
                Bought by
            
            
                Verga Michael G and Verga Deborah U
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $163,000
            
        
                Interest Rate
            
            
                6.8%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        Purchase Details
                Closed on
            
            
                Jul 28, 2006
            
        
                Sold by
            
            
                Frank Samuel J Et Al Tr
            
        
                Bought by
            
            
                Verga Michael G and Verga Deborah U
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $163,000
            
        
                Interest Rate
            
            
                6.8%
            
        
                Mortgage Type
            
            
                Credit Line Revolving
            
        Purchase Details
                Closed on
            
            
                Nov 2, 2005
            
        
                Sold by
            
            
                Frank Samuel J and Frank H
            
        
                Bought by
            
            
                Frank Samuel J Et Al Tr
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Walls Mari | -- | None Available | |
| Walls Mari | $1,075,000 | -- | |
| Walls Mari | $1,075,000 | -- | |
| Verga Michael G | $1,050,000 | -- | |
| Verga Michael G | $1,050,000 | -- | |
| Frank Samuel J Et Al Tr | -- | -- | |
| Frank Samuel J Tr | -- | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Walls Mari | $860,000 | |
| Previous Owner | Walls Mari | $860,000 | |
| Previous Owner | Verga Michael G | $163,000 | |
| Previous Owner | Verga Michael G | $665,000 | |
| Previous Owner | Verga Michael G | $665,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $11,368 | $1,034,900 | -- | -- | 
| 2024 | $11,368 | $948,600 | $0 | $0 | 
| 2023 | $9,663 | $862,300 | $435,200 | $427,100 | 
| 2022 | $9,231 | $862,300 | $435,200 | $427,100 | 
| 2021 | $9,288 | $862,300 | $435,200 | $427,100 | 
| 2020 | $9,288 | $874,700 | $435,200 | $439,500 | 
| 2019 | $9,035 | $853,300 | $0 | $0 | 
| 2018 | $8,807 | $831,900 | $0 | $0 | 
| 2017 | $8,735 | $810,500 | $0 | $0 | 
| 2016 | $7,710 | $810,500 | $0 | $0 | 
| 2015 | $7,710 | $810,500 | $0 | $0 | 
| 2014 | $7,710 | $822,200 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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