NOT LISTED FOR SALE

12060 Gatewater Dr Potomac, MD 20854

Estimated Value: $524,537 - $552,000

3 Beds
1 Bath
1,188 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $425,000 $358 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,346/month

47 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 90% Forced Air Heating and Cooling System
  • Beverly Farms Elementary School Rated A
  • Living Room
  • Dining Room

About This Home

As of June 2020

This is a beautiful three bedroom home in Potomac. The kitchen and bath have been tastefully remodeled. There are hardwood floors throughout the entire unit. Freshly painted. Open floor plan with plenty of space and flow. Recently replaced HVAC unit. Conveniently located near I-270, restaurants, shopping, DC and zoned for great Montgomery County schools!

Last Agent to Sell the Property

Regina Weitz

(301) 469-4700 reginaweitz@aol.com Long & Foster Real Estate, Inc. License #AB98362982 Listed on: 03/10/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Cecilia Marini

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC License #609572

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,557

Year Built

  • Built in 1985

Lot Details

  • 1,122 Sq Ft Lot
  • Property is in very good condition

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Back-to-Back Home

Interior Spaces

  • 1,188 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • Parking Lot
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Utilities

  • 90% Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 161002440997

Community Details

Overview

  • Association fees include exterior building maintenance, management, snow removal, insurance
  • Fallsberry Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,557

Year Built

Built in 1985

Lot Details

1,122 Sq Ft Lot

HOA Fees

$105 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Back-To-Back
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Total Sq Ft: 1188
  • Living Area Sq Ft: 1188
  • Price Per Sq Ft: 361.11
  • Above Grade Finished Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Open Parking Spaces Count: 2
  • Parking Features: Parking Space Conveys, Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 90% Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 315.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Snow Removal, Insurance
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 134300.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1122.00
  • Property Condition: Very Good
  • Zoning: PD3
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13990538
  • Tax Annual Amount: 4557.00
  • Assessor Parcel Number: 161002440997
  • Tax Lot: 63
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jun 1, 2020
Sold by
Simmel Elaine E
Bought by
Fernandez Silvia Karina
Seller's Agent
Regina Weitz
Long & Foster Real Estate, Inc.
Buyer's Agent
Cecilia Marini
Smart Realty, LLC
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Current Estimated Value
$538,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,384
Avg. Annual Appreciation
4.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fernandez Silvia Karina $425,000 Kensington Realty Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $425,000 -0.9% $358 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $429,000 -- $361 / Sq Ft
Source: Bright MLS

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 $5,285 $429,300 $250,000 $179,300
2024 $5,285 $414,300 $0 $0
2023 $2,894 $399,300 $0 $0
2022 $4,003 $384,300 $250,000 $134,300
2020 $1,949 $382,900 $0 $0
2019 $1,767 $382,200 $250,000 $132,200
2018 $1,432 $369,333 $0 $0
2017 $963 $356,467 $0 $0
2016 -- $343,600 $0 $0
2015 $2,843 $341,267 $0 $0
2014 $2,843 $338,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Regina Weitz

    Seller's Agent in 2020

    Regina Weitz

    Long & Foster

    (301) 651-7760

    1 in this area

    11 Total Sales

    Regina Weitz
    Section Image
  • Cecilia Marini

    Buyer's Agent in 2020

    Cecilia Marini

    Smart Realty, LLC

    (202) 436-4680

    1 in this area

    88 Total Sales

    Cecilia Marini
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC699694

Bright MLS

APN: 10-02440997

Maryland Montgomery County Potomac 20854

12060 Gatewater Dr, Potomac, MD

Not Listed for Sale

Townhouses

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