NOT LISTED FOR SALE

12303 Old Canal Rd Potomac, MD 20854

Estimated Value: $931,000 - $988,000

4 Beds
2.5 Baths
2,526 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $830,000 $329 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,854/month

Highlights

  • Private Pool
  • Gourmet Kitchen
  • Colonial Architecture
  • Ritchie Park Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of August 2022

This is it! Dramatic price adjustment + a brief respite in interest rates + summer heat = Perfect Timing to make this beauty yours! This beautiful 4 bed, 2.5 bath home in Potomac is the perfect blend of open concept and private spaces for either entertaining or study. You'll love the warm glow of new wood flooring on the main floor and the sunshine that streams from windows on all sides of the home. The main floor features a separate formal living room & dining room on one side, and on the other, an expansive great room, perfect for entertaining, with an open kitchen & family room with cozy fireplace. The kitchen boasts tons of granite countertops, stainless steel appliances, breakfast bar and a pantry. The kitchen and great room look out on your private backyard pool and back deck, complete with fire pit and brand new fence. Retreat upstairs to the owner's bedroom with en suite bath. Three more generous bedrooms and another full bath completes the upstairs. Downstairs, you will find an inviting family room with plush carpet and plenty of storage. All of this and in a quiet neighborhood that's still close to the action. Shopping, dining and easy access to 270 are less than a mile away.

Seller to offer buyer a credit up to $500 towards a Home Warranty if Title Forward is used.

Last Agent to Sell the Property

Lisa Greaves

(240) 388-9383 Lisa.Greaves@Redfin.com Redfin Corp License #SP40002315 Listed on: 05/12/2022

Redfin Corp

Last Buyer's Agent

Chad Dudley

(240) 994-8625 cdudleyhomes@gmail.com Compass License #636589

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,581

Year Built

  • Built in 1966

Lot Details

  • 9,764 Sq Ft Lot
  • Extensive Hardscape
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Permanent Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Private Pool
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

  • Ritchie Park Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Montgomery Square Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160400122298

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,581

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: This is it! Dramatic price adjustment + a brief respite in interest rates + summer heat = Perfect Timing to make this beauty yours! This beautiful 4 bed, 2.5 bath home in Potomac is the perfect blend of open concept and private spaces for either entertaining or study. You'll love the warm glow of new wood flooring on the main floor and the sunshine that streams from windows on all sides of the home. The main floor features a separate formal living room & dining room on one side, and on the other, an expansive great room, perfect for entertaining, with an open kitchen & family room with cozy fireplace. The kitchen boasts tons of granite countertops, stainless steel appliances, breakfast bar and a pantry. The kitchen and great room look out on your private backyard pool and back deck, complete with fire pit and brand new fence. Retreat upstairs to the owner's bedroom with en suite bath. Three more generous bedrooms and another full bath completes the upstairs. Downstairs, you will find an inviting family room with plush carpet and plenty of storage. All of this and in a quiet neighborhood that's still close to the action. Shopping, dining and easy access to 270 are less than a mile away. Seller to offer buyer a credit up to $500 towards a Home Warranty if Title Forward is used.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Breakfast Area, Combination Kitchen/Living, Kitchen - Island, Dining Area, Floor Plan - Open, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Partially Finished, Interior Access, Daylight, Partial
  • Laundry Type: Basement
  • Total Sq Ft: 2838
  • Living Area Sq Ft: 2526
  • Price Per Sq Ft: 383.92
  • Above Grade Finished Sq Ft: 2214
  • Below Grade Finished Sq Ft: 312
  • Below Grade Sq Ft: 312
  • Total Below Grade Sq Ft: 624
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12303

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Extensive Hardscape, Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 361.78
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: RITCHIE PARK
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 280100.00
  • Land Assessed Value: 374900.00
  • Land Use Code: R
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9764.00
  • Outdoor Living Structures: Deck(s), Porch(es), Screened
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13899834
  • Tax Annual Amount: 7581.00
  • Assessor Parcel Number: 160400122298
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 2464
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/23/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 12, 2022
Sold by
Redfinnow Borrower Llc
Bought by
Sheridan Michael and Sheridan Jessica
Seller's Agent
Lisa Greaves
Redfin Corp
Buyer's Agent
Chad Dudley
Compass
List Price
$949,000
Sold Price
$830,000
Premium/Discount to List
-$119,000
-12.54%
Views
2
Current Estimated Value
$966,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,973
Avg. Annual Appreciation
5.03%
Original Mortgage
$664,000
Outstanding Balance
$633,743
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$333,230

Purchase Details

Closed on
Aug 24, 2021
Sold by
Baran Leena H and Baran Joseph P
Bought by
Redfinnow Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 31, 2013
Sold by
Jimenez Carlos and De Jimenez Maria A Romero Mazariegos
Bought by
Baran Joseph P and Baran Leena H
Seller's Agent
Sean Satkus
Long & Foster Real Estate, Inc.
Buyer's Agent
Ronald Golansky
RE/MAX Realty Group
List Price
$729,000
Sold Price
$680,000
Premium/Discount to List
-$49,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$667,683
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2005
Sold by
Gross James J
Bought by
Jimenez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Gross James J
Bought by
Jimenez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 15, 1998
Sold by
Susan M Hilliard
Bought by
E James J and E Gross H
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
Sheridan Michael $830,000 --
Redfinnow Borrower Llc $861,000 Accommodation
Baran Joseph P $680,000 Flynn Title
Jimenez Carlos $745,000 --
Jimenez Carlos $745,000 --
E James J $312,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheridan Michael $664,000
Previous Owner Redfinnow Borrower Llc $306,800
Previous Owner Baran Joseph P $667,683
Previous Owner Jimenez Carlos $230,000
Previous Owner Jimenez Carlos $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $830,000 -2.4% $329 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/16/2022 07/16/22 Price Changed $850,000 -3.3% $337 / Sq Ft
06/28/2022 06/28/22 Price Changed $879,000 +0.5% $348 / Sq Ft
06/28/2022 06/28/22 Price Changed $875,000 -2.7% $346 / Sq Ft
06/17/2022 06/17/22 Price Changed $899,000 -5.3% $356 / Sq Ft
06/10/2022 06/10/22 For Sale $949,000 0.0% $376 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/27/2022 05/27/22 Price Changed $949,000 -5.0% $376 / Sq Ft
05/12/2022 05/12/22 For Sale $999,000 +46.9% $395 / Sq Ft
06/10/2013 06/10/13 Sold $680,000 -1.4% $276 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
05/03/2013 05/03/13 Price Changed $690,000 -4.0% $280 / Sq Ft
04/26/2013 04/26/13 Price Changed $719,000 -1.4% $292 / Sq Ft
04/12/2013 04/12/13 For Sale $729,000 -- $296 / 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 $8,730 $756,133 -- --
2024 $8,730 $705,567 $0 $0
2023 $8,126 $655,000 $374,900 $280,100
2022 $7,705 $649,767 $0 $0
2021 $6,889 $644,533 $0 $0
2020 $13,596 $639,300 $374,900 $264,400
2019 $6,770 $639,300 $374,900 $264,400
2018 $6,757 $639,300 $374,900 $264,400
2017 $7,044 $649,500 $0 $0
2016 $7,050 $640,367 $0 $0
2015 $7,050 $631,233 $0 $0
2014 $7,050 $622,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Dudley

    Buyer's Agent in 2022

    Chad Dudley

    Compass

    (240) 994-8625

    7 in this area

    247 Total Sales

    Chad Dudley
    Section Image
  • Sean Satkus

    Seller's Agent in 2013

    Sean Satkus

    Long & Foster

    (703) 887-2116

    86 Total Sales

    Sean Satkus
    Section Image
  • Ronald Golansky

    Buyer's Agent in 2013

    Ronald Golansky

    Remax Realty Group

    (301) 674-5550

    101 Total Sales

    Ronald Golansky
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2049568

Bright MLS

APN: 04-00122298

Maryland Montgomery County Potomac 20854

12303 Old Canal Rd, Potomac, MD

This home is located at 12303 Old Canal Rd, Potomac, MD 20854 since 12 May 2022 and is currently estimated at $966,973, approximately $382 per square foot. This property was built in 1966. 12303 Old Canal Rd is a home located in Montgomery County with nearby schools including Ritchie Park Elementary School, Julius West Middle School, and Richard Montgomery High School.

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