NOT LISTED FOR SALE

12016 Great Elm Dr Potomac, MD 20854

Estimated Value: $1,669,104 - $2,223,000

-- Bed
5 Baths
5,397 Sq Ft
$369/Sq Ft Est. Value

About This Home

This home is located at 12016 Great Elm Dr, Potomac, MD 20854 and is currently estimated at $1,992,776, approximately $369 per square foot. 12016 Great Elm Dr is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 1997
Sold by
North American Mortg Co
Bought by
D Ohene O and D Nyanin N
Current Estimated Value
$1,992,776

Purchase Details

Closed on
Oct 6, 1997
Sold by
S Errol N and S Reid J
Bought by
North American Mortg Co

Purchase Details

Closed on
Dec 1, 1994
Sold by
Mitchell & Best Homes Inc
Bought by
Reid Errol N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,850
Interest Rate
8.81%

Purchase Details

Closed on
May 6, 1994
Sold by
Semmes H H
Bought by
Mitchell&Best Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
D Ohene O $645,000 --
North American Mortg Co $650,000 --
Reid Errol N $705,659 --
Mitchell&Best Homes $345,732 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell&Best Homes $631,850
Previous Owner Mitchell&Best Homes $3,500,000
Closed Mitchell&Best Homes $172,866
Source: Public Records

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 $18,029 $1,534,133 -- --
2024 $18,029 $1,515,400 $628,800 $886,600
2023 $16,114 $1,411,300 $0 $0
2022 $14,260 $1,307,200 $0 $0
2021 $13,019 $1,203,100 $598,900 $604,200
2020 $13,019 $1,203,100 $598,900 $604,200
2019 $12,996 $1,203,100 $598,900 $604,200
2018 $16,395 $1,311,800 $598,900 $712,900
2017 $16,198 $1,270,800 $0 $0
2016 -- $1,229,800 $0 $0
2015 $15,786 $1,188,800 $0 $0
2014 $15,786 $1,188,800 $0 $0
Source: Public Records

Map

Maryland Montgomery County Potomac 20854

12016 Great Elm Dr, Potomac, MD

This home is located at 12016 Great Elm Dr, Potomac, MD 20854 and is currently estimated at $1,992,776, approximately $369 per square foot. 12016 Great Elm Dr is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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