NOT LISTED FOR SALE

12413 Rivers Edge Dr Potomac, MD 20854

Estimated Value: $1,494,889 - $1,807,000

4 Beds
5.5 Baths
3,812 Sq Ft
$437/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $1,095,000 $287 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,931/month

31 Days on Market

Highlights

  • Gourmet Country Kitchen
  • Colonial Architecture
  • Backs to Trees or Woods
  • Travilah Elementary Rated A
  • Premium Lot
  • Wood Flooring

About This Home

As of June 2012

Bank REO! Seller will consider holding mortgage w/easy qualifying, low closing costs & excellent terms! Immaculate & sun-soaked renovated home on 2 acres in Rivers Edge! Gleaming wd flrs, granite chef's kit open to FR, 1st floor MBR ste as well as master on 2nd.3-car garage, daylight walkout fin LL w/large bar area & media space. Patios in rear & one off MBR.OH 3/11 1-4PM.

Last Agent to Sell the Property

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254 Listed on: 02/23/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Lenny Kantor

leonardkantor@yahoo.com KW Metro Center License #MRIS:3001440

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,147

Year Built

  • Built in 1979

Lot Details

  • 2.12 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 3 Fireplaces
  • Fireplace Mantel
  • Mud Room
  • Family Room Off Kitchen
  • Dining Area
  • Den
  • Library
  • Game Room
  • Wood Flooring

Kitchen

  • Gourmet Country Kitchen
  • Breakfast Area or Nook
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • Whirlpool Bathtub

Finished Basement

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

Parking

  • Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Water Fountains
  • Terrace
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • Association fees include common area maintenance, reserve funds
  • Rivers Edge Subdivision, Stunning & Sunny Floorplan

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 160601826104

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,147

Year Built

Built in 1979

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1979
  • Special Assessment Payment: Annually
  • Special Features: 4116
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Exhaust Fan
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Country, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Crown Moldings, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Whirlpool/Hottub
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 2
  • Room List: Primary Bedroom, Game Room, Family Room, Library, Study, Mud Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Full, Fully Finished, Improved, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Gazebo
  • Construction Materials: Brick
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Water Fountains
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry

Utilities

  • Refuse: 213.76
  • 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: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fees: 150.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 667300.00
  • Land Assessed Value: 442800.00
  • Lot Features: Backs To Trees, Landscaping, Premium
  • Lot Size Acres: 2.12
  • Lot Size Area: 92347
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 92347.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807053
  • Tax Annual Amount: 12147.38
  • Assessor Parcel Number: 160601826104
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Jun 14, 2012
Sold by
Transcapital Bank
Bought by
Dilawari Mukesh K and Dilawari Suman
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Lenny Kantor
KW Metro Center
List Price
$1,225,000
Sold Price
$1,095,000
Premium/Discount to List
-$130,000
-10.61%
Current Estimated Value
$1,664,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,972
Avg. Annual Appreciation
3.12%
Original Mortgage
$135,000
Outstanding Balance
$93,672
Interest Rate
3.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,571,300

Purchase Details

Closed on
Jan 27, 2012
Sold by
Naimi Mohammad
Bought by
Transcapital Bank

Purchase Details

Closed on
Dec 31, 2003
Sold by
Sherman Lawrence and Sherman A
Bought by
Naimi Mohammad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dilawari Mukesh K $1,095,000 First American Title Ins Co
Transcapital Bank $880,000 First American Title Ins Co
Naimi Mohammad $1,000,000 --
Naimi Mohammad $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dilawari Mukesh K $135,000
Open Dilawari Mukesh K $741,757
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $1,095,000 -10.6% $287 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $1,225,000 +11.9% $321 / Sq Ft
02/23/2012 02/23/12 Off Market $1,095,000 -- --
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 $15,578 $1,422,800 -- --
2024 $15,578 $1,285,400 $511,500 $773,900
2023 $15,711 $1,240,067 $0 $0
2022 $13,199 $1,194,733 $0 $0
2021 $12,492 $1,149,400 $487,100 $662,300
2020 $12,492 $1,140,133 $0 $0
2019 $12,364 $1,130,867 $0 $0
2018 $12,276 $1,121,600 $487,100 $634,500
2017 $12,234 $1,097,733 $0 $0
2016 -- $1,073,867 $0 $0
2015 $11,455 $1,050,000 $0 $0
2014 $11,455 $1,050,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coley Reed

    Seller's Agent in 2012

    Coley Reed

    Long & Foster

    (301) 674-2829

    10 in this area

    574 Total Sales

    Coley Reed
    Section Image

  • L

    Buyer's Agent in 2012

    Lenny Kantor

    KW Metro Center

See All Agents

Map

Source: Bright MLS

MLS Number: 1003866134

Bright MLS

APN: 06-01826104

Maryland Montgomery County Potomac 20854

12413 Rivers Edge Dr, Potomac, MD

Not Listed for Sale

Detached

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