$1,339,888
SOLD JAN 31, 2019

12213 Lake Potomac Terrace Potomac, MD 20854

6 Beds
7 Baths
7,222 Sq Ft
2 Acres

Recently Sold

$186 Per Sq Ft

9% Below List Price

91 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • Potomac Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of January 2019

PRICE REDUCTION! Great house with open floor plan & lots of natural light. 1st Floor Master & huge sitting room/ study. Professional landscaping, stone terraces, large deck and a beautiful view of trees. Hardwood floors, new roof & garage doors, whole house generator, hot water heater & heat pump. Walk out fully finished basement with kitchenette, ample storage, billiard room.

Last Agent to Sell the Property

Jennifer Chow

RLAH @properties License #651413 Listed on: 09/26/2018

RLAH @properties

Co-Listed By

Joanne Schoengold

RLAH @properties License #660411

Last Buyer's Agent

Shawpin Jong

Nations Realty License #0225031560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,105

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Extensive Hardscape
  • Sprinkler System
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • 4 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Window Screens
  • French Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Game Room
  • Storage Room
  • Home Gym

Kitchen

  • Kitchenette
  • Breakfast Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Electric Oven or Range
  • Cooktop
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Rear Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Motion Detectors
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Flood Lights

Outdoor Features

  • Deck

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Potomac Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160602012998

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,105

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1987
  • Remarks Public: PRICE REDUCTION! Great house with open floor plan & lots of natural light. 1st Floor Master & huge sitting room/ study. Professional landscaping, stone terraces, large deck and a beautiful view of trees. Hardwood floors, new roof & garage doors, whole house generator, hot water heater & heat pump. Walk out fully finished basement with kitchenette, ample storage, billiard room.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Central Vacuum, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Instant Hot Water, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Electric, Refrigerator, Washer, Water Heater, Cooktop
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Kitchen - Table Space, Kitchenette, Entry Level Bedroom, Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Primary Bath(s), Wet/Dry Bar, Whirlpool/Hottub, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Casement, Double Pane, Screens, Skylights
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: French, Six Panel, Storm
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Exercise Room, Laundry, Office, Storage Room, Bedroom 6, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished, Heated, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 7222
  • Living Area Sq Ft: 7222
  • Price Per Sq Ft: 258.93
  • Above Grade Finished Sq Ft: 5403
  • Below Grade Finished Sq Ft: 1819
  • Total Below Grade Sq Ft: 1819
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12213

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Flood Lights, Street Lights, Underground Lawn Sprinkler
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Motion Detectors, Carbon Monoxide Detector(s), Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Multiple Phone Lines
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No
  • Green Verification: No

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 912400.00
  • Land Assessed Value: 665500.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13855551
  • Tax Annual Amount: 18104.54
  • Assessor Parcel Number: 160602012998
  • Tax Lot: 20
  • Tax Total Finished Sq Ft: 5403
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 01/31/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Jan 31, 2019
Sold by
Luzier Ronald A and Luzier Mary Colleen
Bought by
Qiu Qiyu and Quan Xin
Seller's Agent
Jennifer Chow
RLAH @properties
Buyer's Agent
Shawpin Jong
Nations Realty
List Price
$1,479,000
Sold Price
$1,339,888
Premium/Discount to List
-$139,112
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Hicks L R
Bought by
Luzier Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.29%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,339,888 Affinity Title
Deed $840,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $542,000 New Conventional
Previous Owner $561,500 New Conventional
Previous Owner $500,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $2,279,000 +70.1% $280 / Sq Ft
01/31/2019 01/31/19 Sold $1,339,888 -4.2% $186 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
11/05/2018 11/05/18 Price Changed $1,399,000 -3.5% $194 / Sq Ft
10/10/2018 10/10/18 Price Changed $1,449,000 -2.0% $201 / Sq Ft
09/26/2018 09/26/18 For Sale $1,479,000 -- $205 / 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
2024 $17,722 $1,476,900 $665,500 $811,400
2023 $16,470 $1,431,233 $0 $0
2022 $15,244 $1,385,567 $0 $0
2021 $14,666 $1,339,900 $665,500 $674,400
2020 $14,635 $1,339,900 $665,500 $674,400
2019 $17,311 $1,584,933 $0 $0
2018 $17,257 $1,577,900 $665,500 $912,400
2017 $17,614 $1,563,400 $0 $0
2016 -- $1,548,900 $0 $0
2015 $18,669 $1,534,400 $0 $0
2014 $18,669 $1,534,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1007419048

Bright MLS

APN: 06-02012998