NOT LISTED FOR SALE

12424 Rivers Edge Dr Potomac, MD 20854

Estimated Value: $1,499,000 - $1,736,000

6 Beds
5 Baths
7,148 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,410,000 $197 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,989/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Vaulted Ceiling
  • Wood Flooring
  • Travilah Elementary Rated A
  • Backs to Trees or Woods
  • Main Floor Bedroom

About This Home

As of May 2023

This fabulous home is sited on two beautiful acres and is freshly painted on the exterior and interior. Recent updates include new carpets, flooring, lighting,  and more.  An inviting wrap around front porch warms and welcomes your guest, while the very large, flat backyard that backs to woods provides the perfect setting to enjoy a family cookout. The main level has wonderful flow and outdoor light filtering throughout the house, thanks to the many windows, skylights and sliding glass doors. A massive kitchen with dramatic ceiling opens to the family room that features a beautiful stone fireplace and wet bar. This level includes a private living room with french doors, a large dining room, mud room and bedroom  ( staged as an office) and full bathroom. There are four bedrooms on the upper level and three full baths, and one bedroom and bathroom on the lower level. The lower level is newly carpeted, walk out level with sliding glass doors to the yard.
Rivers Edge is a fantastic neighborhood that features walking/ hiking trails that lead to the the canal/


Potomac river. Easy access to 270 corridor, Kentlands, The Crown and Potomac Village. OFFERS DUE
WEDNESDAY BY 12PM

Last Agent to Sell the Property

Lori Leasure

Washington Fine Properties, LLC License #0225243922 Listed on: 04/22/2023

Washington Fine Properties, LLC

Co-Listed By

Patricia Daniels

Washington Fine Properties, LLC

Last Buyer's Agent

Silvana Dias

Cupid Real Estate License #SP98364927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,487

Year Built

  • Built in 1985

Lot Details

  • 2.03 Acre Lot
  • Level Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Shelving

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Rivers Edge Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 160602445487

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,487

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: Yes
  • Remarks Public: This fabulous home is sited on two beautiful acres and is freshly painted on the exterior and interior. Recent updates include new carpets, flooring, lighting,  and more.  An inviting wrap around front porch warms and welcomes your guest, while the very large, flat backyard that backs to woods provides the perfect setting to enjoy a family cookout. The main level has wonderful flow and outdoor light filtering throughout the house, thanks to the many windows, skylights and sliding glass doors. A massive kitchen with dramatic ceiling opens to the family room that features a beautiful stone fireplace and wet bar. This level includes a private living room with french doors, a large dining room, mud room and bedroom  ( staged as an office) and full bathroom. There are four bedrooms on the upper level and three full baths, and one bedroom and bathroom on the lower level. The lower level is newly carpeted, walk out level with sliding glass doors to the yard. Rivers Edge is a fantastic neighborhood that features walking/ hiking trails that lead to the the canal/ Potomac river. Easy access to 270 corridor, Kentlands, The Crown and Potomac Village. OFFERS DUE WEDNESDAY BY 12PM
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Washer - Front Loading, Oven/Range - Electric, Dryer - Front Loading, Extra Refrigerator/Freezer
  • Flooring Type: Wood, Partially Carpeted
  • Interior Amenities: Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Entry Level Bedroom, Kitchen - Island, Kitchen - Table Space, Pantry, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Sliding Glass, French
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished, Heated, Shelving
  • Laundry Type: Main Floor
  • Total Sq Ft: 7808
  • Living Area Sq Ft: 7148
  • Price Per Sq Ft: 270.41
  • Above Grade Finished Sq Ft: 4789
  • Below Grade Finished Sq Ft: 2359
  • Below Grade Sq Ft: 660
  • Total Below Grade Sq Ft: 3019
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12424

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Wood Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Land Use Code: R
  • Lot Features: Backs To Trees, Cleared, Level
  • Lot Size Acres: 2.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 88427.00
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12487.00
  • Assessor Parcel Number: 160602445487
  • Tax Lot: 68
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/15/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
May 15, 2023
Sold by
Creel Nancy G
Bought by
Francis George and Guthrie Kamari
Seller's Agent
Lori Leasure
Washington Fine Properties, LLC
Buyer's Agent
Silvana Dias
Cupid Real Estate
List Price
$1,295,000
Sold Price
$1,410,000
Premium/Discount to List
$115,000
8.88%
Views
58
Current Estimated Value
$1,615,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,751
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,057,500
Outstanding Balance
$1,033,847
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$558,851

Purchase Details

Closed on
Jul 1, 1994
Sold by
Fickes Steven W
Bought by
Creel Wesley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
8.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Francis George $1,410,000 First National Title
Creel Wesley L $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis George $1,057,500
Previous Owner Creel Wesley L $699,000
Previous Owner Creel Wesley L $467,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,410,000 +8.9% $197 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $1,295,000 -- $181 / 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 $13,700 $1,139,300 $509,000 $630,300
2023 $14,045 $1,111,567 $0 $0
2022 $11,795 $1,083,833 $0 $0
2021 $11,397 $1,056,100 $484,700 $571,400
2020 $11,397 $1,056,100 $484,700 $571,400
2019 $11,375 $1,056,100 $484,700 $571,400
2018 $11,489 $1,065,200 $484,700 $580,500
2017 $11,580 $1,054,200 $0 $0
2016 -- $1,043,200 $0 $0
2015 $9,923 $1,032,200 $0 $0
2014 $9,923 $1,009,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2090022

Bright MLS

APN: 06-02445487