NOT LISTED FOR SALE

12308 Piney Glen Ln Potomac, MD 20854

Estimated Value: $1,916,000 - $3,233,000

8 Beds
8 Baths
8,559 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $1,445,000 $169 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $16,908/month

39 Days on Market

Highlights

  • Second Kitchen
  • Private Pool
  • 5 Acre Lot
  • Wayside Elementary School Rated A
  • Gourmet Kitchen
  • Dual Staircase

About This Home

As of November 2013

Priced 750 K under its assessed value!!! IMPRESSIVE & RENOVATED stone house on 5 acres w/ GORGEOUS grounds & PRIVATE setting!!swimming POOL, TENNIS court, GAZEBO and GUEST HOUSE w/kitchen & garage. Marble 2 story foyer w/ twin stairs !! Main level master suite , Delightful kitchen/ breakfast area,TERRIFIC L.L. w/ 2nd Kitchen & separate front entrance! ONE OF A KIND! Open 9/29 1-4PM

Last Agent to Sell the Property

Rima Tannous

Long & Foster Real Estate, Inc. Listed on: 08/31/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Yu Fan

BMI REALTORS INC. License #323426

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,870

Year Built

  • Built in 1979

Lot Details

  • 5 Acre Lot
  • Property is zoned RE2

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stone Siding

Interior Spaces

  • 8,559 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • 5 Fireplaces
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Utilities

  • Central Air
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Appliances
  • Private Pool

Community Details

  • No Home Owners Association
  • Piney Glen Farms Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 161000895460

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,870

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1979
  • Remarks Public: Priced 750 K under its assessed value!!! IMPRESSIVE & RENOVATED stone house on 5 acres w/ GORGEOUS grounds & PRIVATE setting!!swimming POOL, TENNIS court, GAZEBO and GUEST HOUSE w/kitchen & garage. Marble 2 story foyer w/ twin stairs !! Main level master suite , Delightful kitchen/ breakfast area,TERRIFIC L.L. w/ 2nd Kitchen & separate front entrance! ONE OF A KIND! Open 9/29 1-4PM
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Range Hood, Refrigerator, Washer, Washer - Front Loading
  • Interior Amenities: 2nd Kitchen, Breakfast Area, Kitchen - Gourmet, Dining Area, Built-Ins, Chair Railings, Crown Moldings, Double/Dual Staircase, Upgraded Countertops, Entry Level Bedroom, Primary Bath(s), Wet/Dry Bar, Wood Floors
  • Fireplaces Count: 5
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 8559
  • Living Area Sq Ft: 8559
  • Price Per Sq Ft: 209.72
  • Above Grade Finished Sq Ft: 8559
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12308

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Upper Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Hot Water, Baseboard
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer, Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 1899800.00
  • Land Assessed Value: 662000.00
  • Lot Size Acres: 5.00
  • Lot Size Area: 217800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 217800.00
  • Year Assessed: 2013
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983695
  • Tax Annual Amount: 28870.43
  • Assessor Parcel Number: 161000895460
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 8549
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 11/12/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2013
Closed on
Nov 19, 2013
Sold by
Aisen Paul and Aisen Mindy
Bought by
Wu Jingjun and Yao Jianhua
Seller's Agent
Rima Tannous
Long & Foster Real Estate, Inc.
Buyer's Agent
Yu Fan
BMI REALTORS INC.
List Price
$1,795,000
Sold Price
$1,445,000
Premium/Discount to List
-$350,000
-19.5%
Current Estimated Value
$2,708,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,263,155
Avg. Annual Appreciation
5.25%
Original Mortgage
$780,000
Interest Rate
3.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 1999
Sold by
C W Cobb & Associates Inc
Bought by
Aisen Paul and Aisen M

Purchase Details

Closed on
Jan 6, 1997
Sold by
S Walter W and S Stewart N
Bought by
C W Cobb & Associates Inc
Source: Public Records

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 Buyer Sale Price Title Company
Wu Jingjun $1,445,000 Old Republic National Title
Aisen Paul $910,000 --
C W Cobb & Associates Inc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Jingjun $485,000
Closed Wu Jingjun $775,000
Closed Wu Jingjun $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $1,445,000 -19.5% $169 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $1,795,000 -- $210 / 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 $23,407 $1,970,667 $0 $0
2023 $20,258 $1,785,333 $0 $0
2022 $17,611 $1,600,000 $662,000 $938,000
2021 $19,270 $1,600,000 $662,000 $938,000
2020 $9,411 $1,828,533 $0 $0
2019 $17,477 $1,600,000 $662,000 $938,000
2018 $16,967 $1,551,667 $0 $0
2017 $16,737 $1,673,467 $0 $0
2016 -- $1,455,000 $0 $0
2015 $27,721 $1,455,000 $0 $0
2014 $27,721 $2,620,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rima Tannous

    Seller's Agent in 2013

    Rima Tannous

    Long & Foster

    (202) 439-7878

    127 Total Sales

    Rima Tannous
    Section Image

  • Y

    Buyer's Agent in 2013

    Yu Fan

    BMI REALTORS INC.

    (202) 438-5800

    2 in this area

    50 Total Sales

    Yu Fan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003697736

Bright MLS

APN: 10-00895460

Maryland Montgomery County Potomac 20854

12308 Piney Glen Ln, Potomac, MD

This home is located at 12308 Piney Glen Ln, Potomac, MD 20854 since 31 August 2013 and is currently estimated at $2,708,155, approximately $316 per square foot. This property was built in 1979. 12308 Piney Glen Ln is a home located in Montgomery County with nearby schools including Wayside Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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