12 Redbud Ct Potomac, MD 20854
Estimated Value: $1,535,000 - $2,179,000
7
Beds
7
Baths
7,764
Sq Ft
$248/Sq Ft
Est. Value
About This Home
This home is located at 12 Redbud Ct, Potomac, MD 20854 and is currently estimated at $1,927,716, approximately $248 per square foot. 12 Redbud Ct is a home located in Montgomery County with nearby schools including Morton Elementary School, Beverly Farms Elementary School, and Herbert Hoover Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 21, 2020
Sold by
Cheema Farhat
Bought by
Silverman Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$883,735
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$1,043,981
Purchase Details
Closed on
Nov 29, 2007
Sold by
Isenstead Erich W and Isenstead G
Bought by
Cheema Farhat
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2007
Sold by
Isenstead Erich W and Isenstead G
Bought by
Cheema Farhat
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silverman Group Llc | $1,400,000 | Title Security Title Guarant | |
| Cheema Farhat | $650,000 | -- | |
| Cheema Farhat | $650,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silverman Group Llc | $1,000,000 | |
| Previous Owner | Cheema Farhat | $417,000 | |
| Previous Owner | Cheema Farhat | $417,000 |
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 | $17,960 | $1,631,100 | -- | -- |
| 2024 | $17,960 | $1,495,500 | $0 | $0 |
| 2023 | $16,374 | $1,359,900 | $417,700 | $942,200 |
| 2022 | $15,661 | $1,359,900 | $417,700 | $942,200 |
| 2021 | $15,582 | $1,359,900 | $417,700 | $942,200 |
| 2020 | $22,009 | $1,955,400 | $417,700 | $1,537,700 |
| 2019 | $21,975 | $1,955,400 | $417,700 | $1,537,700 |
| 2018 | $21,601 | $1,955,400 | $417,700 | $1,537,700 |
| 2017 | $7,517 | $1,964,800 | $0 | $0 |
| 2016 | -- | $621,333 | $0 | $0 |
| 2015 | $6,255 | $594,567 | $0 | $0 |
| 2014 | $6,255 | $567,800 | $0 | $0 |
Source: Public Records
Map
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