NOT LISTED FOR SALE

12121 Gatewater Dr Potomac, MD 20854

Estimated Value: $884,000 - $1,010,000

3 Beds
3.5 Baths
2,001 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $690,000 $345 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,725/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 1 Fireplace
  • Beverly Farms Elementary School Rated A
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of August 2018

UPDATED THRUOUT! 3BR(poss 4) 3.5 BA end-unit garage TH in desirable Fallsberry.Kitch w granite,stainless st,bkfst area, butl pantry.All BAs renov,marble/gran.Spa-like master BA w sep showr,skng tub.Glming hdwds,moldings,blt-ins,recess lightg.Cathedr ceilings LR,2 BRs.LR w skylts,Fr.doors to spacious deck.Prof landsc,fenced yard backs to wooded presrve.Fin bsm w rec rm.HOOVER/CHURCHILL.

Last Agent to Rent the Property

Chunangad Subramanian

(301) 806-1354 cpsubram@gmail.com Weichert, REALTORS License #SP98363502 Listed on: 06/25/2018

Weichert, REALTORS

Last Renter's Agent

ANA ALVAREZ

(301) 605-0315 ana.alvarez@longandfoster.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,657

Year Built

  • Built in 1985

Lot Details

  • 4,225 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 1 Fireplace
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,450
  • Tenant pays for fireplace/flue cleaning, frozen waterpipe damage, gutter cleaning, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, exterior maintenance, minor interior maintenance, all utilities
  • Rent includes common area maintenance
  • No Smoking Allowed
  • 24-Month Lease Term
  • Available 9/1/18
  • $25 Application Fee
  • Assessor Parcel Number 161002333128

Community Details

Overview

  • Property has a Home Owners Association
  • Fallsberry Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,657

Year Built

Built in 1985

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2018-09-01
  • Application Fee: 25.00
  • Lease Term: 24 Months
  • Pets Allowed: No
  • Rent Includes: Common Area Maintenance
  • Security Deposit: 3450.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Gutter Cleaning, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Exterior Maintenance, Minor Interior Maintenance, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 24

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2018-06-25
  • Year Built: 1985
  • Remarks Public: UPDATED THRUOUT! 3BR(poss 4) 3.5 BA end-unit garage TH in desirable Fallsberry.Kitch w granite,stainless st,bkfst area, butl pantry.All BAs renov,marble/gran.Spa-like master BA w sep showr,skng tub.Glming hdwds,moldings,blt-ins,recess lightg.Cathedr ceilings LR,2 BRs.LR w skylts,Fr.doors to spacious deck.Prof landsc,fenced yard backs to wooded presrve.Fin bsm w rec rm.HOOVER/CHURCHILL.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Freezer
  • Interior Amenities: Kitchen - Gourmet, Primary Bath(s), Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 12121

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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Area: 4225
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4225.00
  • Property Condition: Very Good
  • Zoning: PD3

Tax Info

  • Assessor Parcel Number: 13990202
  • Assessor Parcel Number: 161002333128
  • Tax Total Finished Sq Ft: 2001
  • Close Date: 08/03/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 19, 2015
Sold by
Kinkead Elizabeth H
Bought by
Pradhan Shan
Seller's Agent
Meg Percesepe
Washington Fine Properties, LLC
Buyer's Agent
Isaac Catarevas
Long & Foster Real Estate, Inc.
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$928,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,031
Avg. Annual Appreciation
2.91%
Original Mortgage
$655,500
Outstanding Balance
$509,148
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$418,883

Purchase Details

Closed on
Aug 25, 2006
Sold by
Keller and Reas
Bought by
Kinkead Elizabeth H

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
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Keller and Reas
Bought by
Kinkead Elizabeth H

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
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2001
Sold by
Marshall Steven T and Marshall D A
Bought by
Keller Andreas and Herdani Eliane A

Purchase Details

Closed on
Jul 3, 1997
Sold by
Hessler Helen L
Bought by
D Steven T and D Marshall A
Source: Public Records

Range of Values:

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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
Pradhan Shan $690,000 Fatico
Kinkead Elizabeth H $649,900 --
Kinkead Elizabeth H $649,900 --
Keller Andreas $390,000 --
D Steven T $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pradhan Shan $655,500
Previous Owner Kinkead Elizabeth H $417,000
Previous Owner Kinkead Elizabeth H $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2018 08/03/18 Rented $3,300 -4.3% --
08/03/2018 08/03/18 Under Contract -- -- --
06/25/2018 06/25/18 For Rent $3,450 +4.5% --
08/02/2017 08/02/17 Rented $3,300 0.0% --
08/01/2017 08/01/17 Under Contract -- -- --
06/24/2017 06/24/17 For Rent $3,300 0.0% --
06/19/2015 06/19/15 Sold $690,000 -1.3% $345 / Sq Ft View Prior Sale
04/29/2015 04/29/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $699,000 -- $349 / 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 $9,657 $834,700 $250,000 $584,700
2024 $9,657 $786,067 $0 $0
2023 $9,076 $737,433 $0 $0
2022 $5,552 $688,800 $250,000 $438,800
2021 $8,062 $688,133 $0 $0
2020 $8,022 $687,467 $0 $0
2019 $7,986 $686,800 $250,000 $436,800
2018 $7,609 $653,833 $0 $0
2017 $6,671 $620,867 $0 $0
2016 -- $587,900 $0 $0
2015 $5,798 $584,367 $0 $0
2014 $5,798 $580,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001881606

Bright MLS

APN: 10-02333128