NOT LISTED FOR SALE

The Park Potomac Place 12500 Park Potomac Ave Unit 208 Potomac, MD 20854

Estimated Value: $1,094,000 - $1,176,000

2 Beds
2.5 Baths
1,809 Sq Ft
$1,508/mo HOA Fee

Last Sold May 06, 2024

Last sale price $1,203,000 $665 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,341/month

Highlights

  • Concierge
  • Fitness Center
  • Traditional Architecture
  • Ritchie Park Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Park Potomac Tot Lot

About This Home

As of May 2024

Welcome to luxury living at its finest in the heart of Park Potomac. This elegant 2 bedroom 2.5 bath corner unit condominium offers a unique blend of modern sophistication & convenience. Upon entering this meticulously designed residence, you are greeted by a spacious and light-filled open floor plan. The living area features floor-to-ceiling windows/doors, allowing natural light to flood the space & offering views of the personal wrap around patio & community pool. The gourmet kitchen is a chef's dream, boasting top-of-the-line stainless steel appliances, sleek granite countertops/island, & ample cabinet space. Whether you're preparing a casual meal or hosting a dinner party, this kitchen provides the perfect backdrop for culinary creativity. The spacious primary suite is complete with 2 walk-in closets and a spa-like ensuite bathroom featuring a soaking tub & separate shower. Additional bedroom is well-appointed and offers flexibility for guests or home office space with own en-suite bath. **Seller is willing to leave the office furniture or remove it prior to settlement** This unit conveys with TWO PARKING SPACES merely a few steps from the elevator vestibule & THREE STORAGE UNITS. This condominium also offers a range of community amenities, a fitness center, swimming pool, & concierge service, ensuring a lifestyle of comfort & convenience. Located in the prestigious Park Potomac community, residents enjoy easy access to shopping, dining, entertainment, & outdoor recreation options. *2 zoned heating & a/c (newer units, 2023 & 2020).*

Last Agent to Sell the Property

Andrew Goodman

(240) 731-4827 andrew@goodmangroup.com RLAH @properties License #0225266325 Listed on: 04/11/2024

RLAH @properties

Last Buyer's Agent

Andrew Goodman

(240) 731-4827 andrew@goodmangroup.com RLAH @properties License #0225266325 Listed on: 04/11/2024

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,763

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,508 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Basement Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,809 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403580553

Community Details

Overview

  • Association fees include exterior building maintenance, management, parking fee, pool(s), reserve funds, snow removal, common area maintenance, custodial services maintenance, gas, insurance, lawn maintenance, trash
  • High-Rise Condominium
  • Park Potomac Place Condos
  • Park Potomac Codm Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Game Room
  • Meeting Room
  • Party Room
  • Guest Suites
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,763

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,508 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-11
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Microwave, Cooktop, Dryer, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Washer/Dryer Stacked
  • Entry Floor: 1
  • Interior Amenities: Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Soaking Tub, Sprinkler System, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit, Main Floor
  • Total Sq Ft: 1809
  • Living Area Sq Ft: 1809
  • Price Per Sq Ft: 635.71
  • Above Grade Finished Sq Ft: 1809
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys, Secure Parking
  • Garage Features: Additional Storage Area, Basement Garage, Covered Parking, Garage Door Opener, Inside Access, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Zoned, Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Zoned, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1508.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Potomac Place
  • HOA Condo Co-Op Amenities: Concierge, Exercise Room, Fitness Center, Meeting Room, Pool - Outdoor, Security, Common Grounds, Elevator, Game Room, Guest Suites, Party Room, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal, Common Area Maintenance, Custodial Services Maintenance, Gas, Insurance, Lawn Maintenance, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Patio(s), Wrap Around
  • Property Condition: Very Good, Excellent, Good
  • Zoning: I3
  • In City Limits: Yes

Rental Info

  • Pets: Breed Restrictions, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 12763.00
  • Assessor Parcel Number: 160403580553
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Mar 6, 2023
Sold by
Trubiano Joseph M
Bought by
Iserson Andrew and Iserson Rochelle M
Seller's Agent
Yannick Ince
Compass
Buyer's Agent
Leslie Friedson
Compass
List Price
$1,079,990
Sold Price
$1,040,000
Premium/Discount to List
-$39,990
-3.7%
Views
112
Current Estimated Value
$1,130,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,684
Avg. Annual Appreciation
3.11%

Purchase Details

Listed on
May 3, 2017
Closed on
Oct 16, 2017
Sold by
The Judith D Gilman 2000 Revocable Trust
Bought by
Trubiano Joseph M and Trubiano Constance J
Seller's Agent
Joan Karpa
Long & Foster Real Estate, Inc.
Buyer's Agent
Simon Kim
EXP Realty, LLC
List Price
$1,130,000
Sold Price
$897,000
Premium/Discount to List
-$233,000
-20.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%
Original Mortgage
$583,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Iserson Andrew $1,040,000 --
Trubiano Joseph M $897,000 Rgs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trubiano Joseph M $583,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $1,203,000 +4.6% $665 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $1,150,000 +10.6% $636 / Sq Ft
03/06/2023 03/06/23 Sold $1,040,000 -3.7% $622 / Sq Ft View Prior Sale
01/06/2023 01/06/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $1,079,990 +20.7% $646 / Sq Ft
04/18/2018 04/18/18 Sold $895,000 0.0% $495 / Sq Ft View Prior Sale
02/26/2018 02/26/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $895,000 -0.2% $495 / Sq Ft
10/16/2017 10/16/17 Sold $897,000 0.0% $537 / Sq Ft View Prior Sale
08/05/2017 08/05/17 Pending -- -- --
07/18/2017 07/18/17 Price Changed $897,000 -4.3% $537 / Sq Ft
06/30/2017 06/30/17 Price Changed $937,000 +1.3% $561 / Sq Ft
06/29/2017 06/29/17 Price Changed $925,000 -7.4% $554 / Sq Ft
06/02/2017 06/02/17 Price Changed $999,000 -9.1% $598 / Sq Ft
05/11/2017 05/11/17 Price Changed $1,099,000 -2.7% $658 / Sq Ft
05/03/2017 05/03/17 For Sale $1,130,000 -- $676 / 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 $10,548 $966,667 -- --
2024 $10,548 $913,333 $0 $0
2023 $9,248 $860,000 $258,000 $602,000
2022 $6,932 $860,000 $258,000 $602,000
2021 $8,819 $860,000 $258,000 $602,000
2020 $8,823 $860,000 $258,000 $602,000
2019 $17,636 $860,000 $258,000 $602,000
2018 $8,835 $860,000 $258,000 $602,000
2017 $8,957 $870,000 $0 $0
2016 -- $836,667 $0 $0
2015 $7,625 $803,333 $0 $0
2014 $7,625 $770,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Goodman

    Seller's Agent in 2024

    Andrew Goodman

    Real Living at Home

    (240) 731-4827

    7 in this area

    194 Total Sales

    Andrew Goodman
    Section Image
  • Yannick Ince

    Seller's Agent in 2023

    Yannick Ince

    Compass

    (240) 527-4404

    3 in this area

    52 Total Sales

    Yannick Ince
    Section Image
  • Leslie Friedson

    Buyer's Agent in 2023

    Leslie Friedson

    Compass

    (301) 455-4506

    40 in this area

    191 Total Sales

    Leslie Friedson
    Section Image
  • Kenneth Maites

    Buyer Co-Listing Agent in 2023

    Kenneth Maites

    Compass

    (301) 785-3046

    7 in this area

    67 Total Sales

    Kenneth Maites
    Section Image
  • Delia McCormick

    Seller's Agent in 2018

    Delia McCormick

    Washington Fine Properties, LLC

    (301) 977-7273

    14 in this area

    147 Total Sales

    Delia McCormick
    Section Image
  • John Gregory

    Seller Co-Listing Agent in 2018

    John Gregory

    Washington Fine Properties, LLC

    (202) 360-3455

    1 in this area

    22 Total Sales

    John Gregory
    Section Image
See All Agents

About The Park Potomac Place

Map

Source: Bright MLS

MLS Number: MDMC2121170

Bright MLS

APN: 04-03634361

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave Unit 208, Potomac, MD

Not Listed for Sale

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