NOT LISTED FOR SALE

12338 Sour Cherry Way North Potomac, MD 20878

Estimated Value: $343,000 - $353,000

2 Beds
1.5 Baths
1,134 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $338,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,555/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near a park
  • Backs to Trees or Woods
  • Jones Lane Elementary School Rated A
  • Traditional Architecture
  • Breakfast Area or Nook

About This Home

As of April 2024

Welcome to the most affordable property in North Potomac's Potomac Grove Community! This rarely available 2-Story, Over-Under, Condo-Townhouse is nestled deep into the neighborhood, backing to parkland with trees and wildlife abound. Enter the property through your own private porch and the newly replaced front door with glass screen door into this renovated home. The main level foyer, kitchen and powder room all freshly updated with Luxury Vinyl Planking (LVP) floors. The kitchen has ample space for a small dining or breakfast table, and boasts updated appliances, and a custom tile backsplash to match the faux-Granite counters. Continue into the main living area with new lighting, carpet and fresh paint. The windows on the back of the home overlook the parkland giving you a private feel among neighbors. The lower level also features new carpet, fresh paint and light fixtures, plus 2 bedrooms, a walk-in closet, and utility room with full sized washer and dryers. The newly renovated full bath sparkles with LVP floors and a new double vanity. Over $18,000 in 2024 renovations are included for your enjoyment! For extra storage, use the space under the stairs or the exterior shared community storage space on the side of the building. The property includes 2 assigned parking spaces. Potomac Grove consists of 197 homes, of which, only 28 are perfectly sized condo units. If this is the right fit for your family, act fast! Another unit is unlikely to come on the market for another 2+ years!! (based on historical trends). Offers are due by 3PM on Tuesday 3/19/2024. We can't wait to welcome you home!

Last Listed By

Alex Saenger

Keller Williams Capital Properties License #588365 Listed on: 03/15/2024

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1989

Lot Details

  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

Home Design

  • Traditional Architecture
  • Permanent Foundation

Interior Spaces

  • 1,134 Sq Ft Home
  • Property has 2 Levels
  • Recessed Lighting
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near a park

Schools

  • Jones Lane Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160602851412

Community Details

Overview

  • Association fees include common area maintenance
  • Potomac Grove Condominium Association Condos
  • Potomac Grove Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,116

Year Built

Built in 1989

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional, Bi-Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2024-03-15
  • Federal Flood Zone: No
  • Year Built: 1989
  • Assigned Parking Space Numbers: 216
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to the most affordable property in North Potomac's Potomac Grove Community! This rarely available 2-Story, Over-Under, Condo-Townhouse is nestled deep into the neighborhood, backing to parkland with trees and wildlife abound. Enter the property through your own private porch and the newly replaced front door with glass screen door into this renovated home. The main level foyer, kitchen and powder room all freshly updated with Luxury Vinyl Planking (LVP) floors. The kitchen has ample space for a small dining or breakfast table, and boasts updated appliances, and a custom tile backsplash to match the faux-Granite counters. Continue into the main living area with new lighting, carpet and fresh paint. The windows on the back of the home overlook the parkland giving you a private feel among neighbors. The lower level also features new carpet, fresh paint and light fixtures, plus 2 bedrooms, a walk-in closet, and utility room with full sized washer and dryers. The newly renovated full bath sparkles with LVP floors and a new double vanity. Over $18,000 in 2024 renovations are included for your enjoyment! For extra storage, use the space under the stairs or the exterior shared community storage space on the side of the building. The property includes 2 assigned parking spaces. Potomac Grove consists of 197 homes, of which, only 28 are perfectly sized condo units. If this is the right fit for your family, act fast! Another unit is unlikely to come on the market for another 2+ years!! (based on historical trends). Offers are due by 3PM on Tuesday 3/19/2024. We can't wait to welcome you home!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Carpet, Combination Dining/Living, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Utility Room, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Has Laundry, Lower Floor
  • Total Sq Ft: 1134
  • Living Area Sq Ft: 1134
  • Price Per Sq Ft: 286.60
  • Above Grade Finished Sq Ft: 1134
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12338

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Mixed
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 125.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 230.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Grove Condominium Association
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JONES LANE
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • 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: JONES LANE
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Lot Info

  • Horses: No
  • Land Use Code: U
  • Lot Features: Backs To Trees, Backs - Parkland
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 3116.00
  • Assessor Parcel Number: 160602851412
  • Tax Total Finished Sq Ft: 1134
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 04/22/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 2, 2024
Sold by
Catherine H Savel Revocable Trust
Bought by
Rajwani Rahim and Shehzad Sheeba
Seller's Agent
Alex Saenger
Keller Williams Capital Properties
Buyer's Agent
Asif Qadir
RE/MAX Premiere Selections
List Price
$325,000
Sold Price
$338,000
Premium/Discount to List
$13,000
4%
Total Days on Market
3
Views
1704
Current Estimated Value
$349,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,202
Avg. Annual Appreciation
3.06%
Original Mortgage
$264,000
Outstanding Balance
$261,448
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$87,754

Purchase Details

Closed on
Oct 17, 1991
Bought by
Savel Catherine H

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
Rajwani Rahim $338,000 Household Title
Savel Catherine H $61,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajwani Rahim $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $338,000 +4.0% $298 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $325,000 -- $287 / 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 $3,171 $246,667 $0 $0
2023 $1,411 $243,333 $0 $0
2022 $1,934 $240,000 $72,000 $168,000
2021 $2,032 $223,333 $0 $0
2020 $1,827 $206,667 $0 $0
2019 $3,265 $190,000 $57,000 $133,000
2018 $1,558 $190,000 $57,000 $133,000
2017 $1,943 $190,000 $0 $0
2016 -- $210,000 $0 $0
2015 $1,968 $210,000 $0 $0
2014 $1,968 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2123536

Bright MLS

APN: 06-02851412