NOT LISTED FOR SALE

12004 Gatewater Dr Potomac, MD 20854

Estimated Value: $765,000 - $876,000

3 Beds
3.5 Baths
1,804 Sq Ft
$454/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $599,000 $332 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,984/month

9 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Dining Area
  • Beverly Farms Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of October 2013

Fabulous 3 BR/3.5 bath close-in Potomac townhouse w/dramatic columned entry. Large living room, spacious separate dining room, T/S kitchen w/exit to deck, first-floor family room. Two fireplaces, 3 skylights and hardwood floors.. Vaulted ceiling in MBR. Large recreation opens to patio. Backs to woods and on quiet side of neighborhood. Close to everything!

Last Agent to Sell the Property

Leslie Friedson

(301) 455-4506 leslie@thefriedsongroup.com Compass License #504495 Listed on: 08/22/2013

Compass

Last Buyer's Agent

Allan Prigal

(240) 363-3981 aprigal@remax.net Keller Williams Capital Properties

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,199

Year Built

  • Built in 1984

Lot Details

  • 2,180 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 161002332693
  • $161 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,199

Year Built

Built in 1984

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Daylight, Full
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 279.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 265.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 263700.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2180
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2180.00
  • Zoning: PD3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13990162
  • Tax Annual Amount: 6199.07
  • Assessor Parcel Number: 161002332693
  • Tax Lot: 43
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Multi Family

  • Front Foot Fee: 161.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Sep 3, 2013
Sold by
Day Lawrence R and The Stella Day Revocable Trust
Bought by
Shah Jigar and Patel Anuja
Seller's Agent
Leslie Friedson
Compass
Buyer's Agent
Allan Prigal
Keller Williams Capital Properties
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$818,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,251
Avg. Annual Appreciation
2.57%
Original Mortgage
$479,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2000
Sold by
Day Stella
Bought by
Day Stella Et Al Tr

Purchase Details

Closed on
Mar 24, 1998
Sold by
Assoc Home Equity Srvs Inc
Bought by
A Miles G and A Goldstein R

Purchase Details

Closed on
Apr 5, 1995
Sold by
Farmer James F
Bought by
Fierman Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,251
Interest Rate
8.66%
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
Shah Jigar $599,000 None Available
Day Stella Et Al Tr -- --
A Miles G $300,000 --
Assoc Home Equity Srvs Inc $282,700 --
Fierman Barry $350,000 --
Farmer James F $312,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Jigar $479,000
Previous Owner Farmer James F $285,251
Closed Farmer James F $34,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $599,000 0.0% $332 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $599,000 -- $332 / Sq Ft
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 $7,768 $656,300 $250,000 $406,300
2024 $7,768 $627,900 $0 $0
2023 $6,732 $599,500 $0 $0
2022 $4,603 $571,100 $250,000 $321,100
2021 $5,991 $568,167 $0 $0
2020 $5,927 $565,233 $0 $0
2019 $5,869 $562,300 $250,000 $312,300
2018 $5,710 $549,300 $0 $0
2017 $5,811 $536,300 $0 $0
2016 -- $523,300 $0 $0
2015 $5,278 $520,100 $0 $0
2014 $5,278 $516,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003689834

Bright MLS

APN: 10-02332693