NOT LISTED FOR SALE

12324 Rivers Edge Dr Potomac, MD 20854

Estimated Value: $1,703,494 - $2,030,000

6 Beds
6 Baths
7,236 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $1,158,145 $160 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,821/month

18 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Wood Flooring
  • Travilah Elementary Rated A
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of August 2013

This magnificent custom colonial is perfectly site on a very private 2 acre lot, over 7,200 SF living spaces on 3 finished level with walk out lower level, grand 2 story foyer, 15X25 LR, 17X30 FR and 15X35 Master BR, hardwood floors on main level, wall of windows and French doors across back of the house, overlooking beautiful back yard and pool. walking distance to C&O canal. Open 6/30 Sun 1-4

Last Agent to Sell the Property

Edmund Ko

(301) 424-0900 eko247@gmail.com Long & Foster Real Estate, Inc. License #93202 Listed on: 06/26/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Caryn Gardiner

(240) 219-2422 caryn01@gmail.com Compass License #610682

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,096

Year Built

  • Built in 1986

Lot Details

  • 2 Acre Lot
  • Property is in very good condition

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,236 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • 3 Fireplaces
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Natural lighting in basement

Pool

  • Private Pool

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 160601826946

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,096

Year Built

Built in 1986

Lot Details

0

HOA Fees

$13 per month

Parking

2

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: 1986
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Single, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level, Fully Finished, Daylight, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 7236
  • Living Area Sq Ft: 7236
  • Price Per Sq Ft: 165.15
  • Above Grade Finished Sq Ft: 7236
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.76
  • 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 748500.00
  • Land Assessed Value: 440000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13918895
  • Tax Annual Amount: 12096.37
  • Assessor Parcel Number: 160601826946
  • Tax Lot: 7
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 14, 2013
Sold by
Chen Hsinpor and Chen Mary H
Bought by
Chavoshi Soheil and Tran Chavoshi Cindy T
Seller's Agent
Edmund Ko
Long & Foster Real Estate, Inc.
Buyer's Agent
Caryn Gardiner
Compass
List Price
$1,195,000
Sold Price
$1,158,145
Premium/Discount to List
-$36,855
-3.08%
Current Estimated Value
$1,829,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,229
Avg. Annual Appreciation
3.74%
Original Mortgage
$926,516
Outstanding Balance
$689,292
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,140,082

Purchase Details

Closed on
Sep 17, 2001
Sold by
Andrus Brent W and Andrus C
Bought by
Chen Hsinpor and Chen Mary H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chavoshi Soheil $1,158,145 First American Title Ins Co
Chen Hsinpor $919,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavoshi Soheil $926,516
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2013 08/14/13 Sold $1,158,145 -3.1% $160 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $1,195,000 -- $165 / Sq Ft
Source: Bright MLS

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 $15,586 $1,441,233 -- --
2024 $15,586 $1,291,300 $508,200 $783,100
2023 $14,485 $1,258,967 $0 $0
2022 $13,491 $1,226,633 $0 $0
2021 $13,029 $1,194,300 $484,000 $710,300
2020 $13,029 $1,194,300 $484,000 $710,300
2019 $13,004 $1,194,300 $484,000 $710,300
2018 $13,294 $1,219,200 $484,000 $735,200
2017 $13,426 $1,208,967 $0 $0
2016 -- $1,198,733 $0 $0
2015 $10,917 $1,188,500 $0 $0
2014 $10,917 $1,144,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003592116

Bright MLS

APN: 06-01826946