NOT LISTED FOR SALE

12103 Gatewater Dr Potomac, MD 20854

Estimated Value: $942,000 - $1,142,000

4 Beds
3.5 Baths
2,501 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $816,200 $326 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,121/month

Highlights

  • Pasture Views
  • Colonial Architecture
  • Property is near a park
  • Morton Elementary School Rated A-
  • Deck
  • Premium Lot

About This Home

As of August 2022

Gorgeous 4 bedrooms single family home located in lovely Falls Berry. Hardwood flooring thru out main floor. Abundant lights in breakfast area. Granite counter top and butler pantry in the kitchen. Two-level vaulted ceilings with skylights in the family room. Cathedral ceiling in the primary bedroom lined with windows. Close to parks, golf course, and major shopping plaza/mall.

Last Agent to Rent the Property

Howard Wang

(240) 258-8738 howardrealtyteam@gmail.com Howard Wang Realty License #661038 Listed on: 07/19/2022

Last Renter's Agent

Audrey Primozic

(301) 503-6554 aprimozic@erols.com Weichert, REALTORS License #91003

Weichert, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,444

Year Built

  • Built in 1986

Lot Details

  • 6,430 Sq Ft Lot
  • Backs To Open Common Area
  • Premium Lot
  • Property is in excellent condition
  • Property is zoned PD3

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Crown Molding
  • 2 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Pasture Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Interior Basement Entry
  • Laundry in Basement

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Deck
  • Property is near a park

Community Details

  • No Home Owners Association
  • Fallsberry Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,350
  • Tenant pays for all utilities
  • Rent includes hoa/condo fee, lawn service
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/10/22
  • $50 Repair Deductible
  • Assessor Parcel Number 161002333196

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,444

Year Built

Built in 1986

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2022-08-10
  • Pet Deposit: 600.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Hoa/Condo Fee, Lawn Service
  • Security Deposit: 4350.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Repair Deductible: 50.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Dining Area, Crown Moldings, Window Treatments, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Interior Access, Partially Finished
  • Laundry Type: Basement
  • Total Sq Ft: 3038
  • Living Area Sq Ft: 2501
  • Price Per Sq Ft: 2.17
  • Above Grade Finished Sq Ft: 2001
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 537
  • Total Below Grade Sq Ft: 1037
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • View: Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • 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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Lot Features: Backs - Open Common Area, Backs - Parkland, Premium
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6430.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Zoning: PD3

Tax Info

  • Assessor Parcel Number: 13990209
  • Assessor Parcel Number: 161002333196

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Jul 13, 2022
Sold by
Residential Value Llc
Bought by
Hsiao Hui Ju
Seller's Agent
Howard Wang
Howard Wang Realty
Buyer's Agent
Audrey Primozic
Weichert, REALTORS
Sold Price
$4,500
Views
4
Current Estimated Value
$1,012,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,372
Avg. Annual Appreciation
6.58%

Purchase Details

Listed on
Jun 1, 2022
Closed on
May 20, 2022
Sold by
Rosen Gary A
Bought by
Residential Value Llc
Seller's Agent
Larry Cooper
Alex Cooper Auctioneers, Inc.
Buyer's Agent
Howard Wang
Howard Wang Realty
List Price
$500,000
Sold Price
$816,200
Premium/Discount to List
$316,200
63.24%

Purchase Details

Closed on
Aug 28, 2009
Sold by
Beller Susan C
Bought by
Beller Susan C

Purchase Details

Closed on
Jul 28, 2009
Sold by
Toossi Morteza and Toossi M
Bought by
Beller Susan C
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
Hsiao Hui Ju $816,200 None Listed On Document
Residential Value Llc $700,000 Paragon Title And Escrow
Beller Susan C -- --
Beller Susan C $615,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2022 08/20/22 Rented $4,500 +3.4% --
08/12/2022 08/12/22 Under Contract -- -- --
07/19/2022 07/19/22 For Rent $4,350 0.0% --
07/13/2022 07/13/22 Sold $816,200 +63.2% $326 / Sq Ft View Prior Sale
06/21/2022 06/21/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $500,000 -- $200 / 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 $9,444 $862,400 $255,600 $606,800
2024 $9,444 $767,633 $0 $0
2023 $8,332 $672,867 $0 $0
2022 $6,222 $578,100 $255,600 $322,500
2021 $6,157 $578,100 $255,600 $322,500
2020 $6,123 $578,100 $255,600 $322,500
2019 $6,404 $606,100 $255,600 $350,500
2018 $6,156 $584,967 $0 $0
2017 $5,920 $563,833 $0 $0
2016 -- $542,700 $0 $0
2015 $5,840 $542,700 $0 $0
2014 $5,840 $542,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2062022

Bright MLS

APN: 10-02333196