NOT LISTED FOR SALE

12320 Rivers Edge Dr Potomac, MD 20854

Estimated Value: $1,320,000 - $2,028,000

5 Beds
4.5 Baths
4,516 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $750,000 $166 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,220/month

10 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Travilah Elementary Rated A
  • 3 Fireplaces
  • Eat-In Kitchen

About This Home

As of October 2018

Two Story Colonial in Rivers Edge Community. Welcoming 2 story foyer, Formal living room with Fire place, formal dinning room,office, eat in kitchen, large family room with fireplace, expansive sunroom with cathedral ceiling and skylights .5 BDRM 3BTH on the UL.UL baths renovated, fully finished lower level. Hardwood throughout main & UL. Sold "AS IS" As Is Addendum Required

Last Agent to Sell the Property

Wendy Banner

Compass License #0225162224 Listed on: 09/13/2018

Compass

Co-Listed By

Patricia Karta

Compass License #643744

Last Buyer's Agent

Gisele Ibrahim

Keller Williams Realty License #0225225507

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,828

Year Built

  • Built in 1979

Lot Details

  • 2 Acre Lot
  • Property is zoned RE2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shake Siding

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Dining Area
  • Finished Basement
  • Connecting Stairway
  • Eat-In Kitchen
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4.5 Bathrooms

Schools

  • Travilah Elementary School
  • Robert Frost Middle School
  • Thomas S. Wootton High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160601826957

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,828

Year Built

Built in 1979

Lot Details

0

HOA Fees

$13 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Attic, Kitchen - Eat-In, Dining Area
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 12320

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Shake Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TRAVILAH
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • School District Key: 121138126809
  • Elementary School: TRAVILAH
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2018
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11827.62
  • Assessor Parcel Number: 160601826957
  • Tax Lot: 8
  • Tax Total Finished Sq Ft: 4516
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 10/24/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 13, 2018
Sold by
Chang Pin Yu and Chang Frances M
Bought by
Tan Ricci V and Fahed Charbel T
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Gisele Ibrahim
Keller Williams Realty
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$1,528,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,248
Avg. Annual Appreciation
11.00%
Original Mortgage
$600,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2003
Sold by
Chang Pin Y Et Al Tr
Bought by
Chang Pin Yu

Purchase Details

Closed on
Oct 13, 1999
Sold by
Chang Pin Y and Chang M F
Bought by
Chang Pin Y & F M Tr
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
Tan Ricci V $750,000 Double Eagle Title
Chang Pin Yu -- --
Chang Pin Y & F M Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Ricci Valerie $702,000
Closed Tan Ricci Valerie $87,500
Closed Tan Ricci Valerie $700,000
Closed Tan Ricciv $600,000
Closed Tan Ricci V $74,900
Previous Owner Chang Frances M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $750,000 0.0% $166 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $750,000 -- $166 / 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 $13,150 $1,186,367 -- --
2024 $13,150 $1,074,500 $508,200 $566,300
2023 $13,509 $1,048,933 $0 $0
2022 $11,308 $1,023,367 $0 $0
2021 $10,954 $997,800 $484,000 $513,800
2020 $10,921 $997,800 $484,000 $513,800
2019 $10,897 $997,800 $484,000 $513,800
2018 $11,058 $1,011,300 $484,000 $527,300
2017 $11,232 $1,000,067 $0 $0
2016 -- $988,833 $0 $0
2015 $9,285 $977,600 $0 $0
2014 $9,285 $952,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003827346

Bright MLS

APN: 06-01826957