NOT LISTED FOR SALE

The Park Potomac Place 12500 Park Potomac Ave Unit 309 Potomac, MD 20854

Estimated Value: $1,187,000 - $1,292,000

2 Beds
2 Baths
1,576 Sq Ft
$1,508/mo HOA Fee

Last Sold June 17, 2024

Last sale price $1,275,000 $809 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,911/month

3 Days on Market

Highlights

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

About This Home

As of June 2024

***JUST LISTED ***Luxury Living in this sun-drenched South Tower unit with POOL and courtyard verdant views! The freshly painted sought after Lancaster model is treasured for its spacious footprint including a 5ft x 17 ft covered balcony with dual access from the primary bedroom and entertaining areas. Why is this unit extra special? It’s the perfect combination of elegance and convenience and includes 2 bedrooms at opposite ends of the home for privacy, 2 full bathrooms PLUS den/office and a cozy electric fireplace which is a rarity and highly desired feature at Park Potomac Place. The new Buyer will enjoy the updated bathrooms and kitchen cabinetry. The kitchen features Viking appliances including a gas cooktop, wall ovens and microwave; and a Subzero refrigerator. The large walk-in primary bedroom closet has been fabulously customized for clothing storage. A true laundry room completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The unit conveys with not one BUT TWO generous parking spots AND an enclosed private storage room conveniently located next to the parking and close proximity to the elevator. Why is Park Potomac Place the finest of all condominium buildings in the DMV? It is the best managed full-service establishment which provides its residents with 24-hour concierge, on-site management, building engineer, porter service, professionally landscaped grounds and hardscape, elegant clubroom with catering kitchen, private courtyards and grills, an outdoor pool, fitness center, guest suites, and guest parking and shared EV charging stations.....and the one of the lowest condo fees of the luxury buildings in DMV area. Residents enjoy the convenience of a great collection of retail businesses, gourmet coffee shops, banks, grocers, pharmacy, and the best dining establishments of Potomac including Founding Farmers, Gringos & Mariachis, the new popular King Street Oyster Bar, Attman’s Deli, Brooklyn’s Deli, O’Donnell’s Fish Market, Yirasai Sushi, Pama Thai and the Coming Soon Gregorios; with direct access to I-270 and commuter routes to Bethesda, Downtown DC, Virginia and three international airports! Look no further...the best living in Potomac...and maybe all of the DC metropolitan area!

Last Agent to Sell the Property

Christy Bakaly

(301) 412-8830 christy.bakaly@compass.com Compass License #605541 Listed on: 05/30/2024

Compass

Last Buyer's Agent

Shari Gronvall

(202) 360-7648 shari.gronvall@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,092

Year Built

  • Built in 2006

Lot Details

  • Extensive Hardscape
  • Property is in excellent condition

HOA Fees

  • $1,508 Monthly HOA Fees

Parking

  • Rear-Facing Garage

Home Design

  • Transitional Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 1,576 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Electric Fireplace
  • Window Treatments
  • Window Screens
  • Combination Dining and Living Room
  • Den
  • Monitored

Kitchen

  • Built-In Double Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Grill
  • Playground

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403580655

Community Details

Overview

  • Association fees include common area maintenance, gas, health club, lawn maintenance, management, parking fee, pool(s), reserve funds, recreation facility, sewer, snow removal
  • High-Rise Condominium
  • Park Potomac Place Condos
  • Built by Foulger Pratt
  • Park Potomac Subdivision, Lancaster Floorplan

Amenities

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

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,092

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: Unit/Flat, Transitional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-30
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Double, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 3
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Recessed Lighting, Walk-In Closet(s), Window Treatments, Ceiling Fan(s), Primary Bath(s), Wood Floors, Dining Area
  • Window Features: Screens
  • Fireplace Features: Electric, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1576
  • Living Area Sq Ft: 1576
  • Price Per Sq Ft: 631.35
  • Above Grade Finished Sq Ft: 1576
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Bbq Grill, Extensive Hardscape, Play Area, Sidewalks
  • 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
  • Garage Features: Covered Parking, Garage - Rear Entry, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • 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
  • Security: Desk In Lobby, Monitored, Resident Manager, Sprinkler System - Indoor
  • 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: Common Grounds, Community Center, Concierge, Elevator, Fitness Center, Game Room, Guest Suites, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Health Club, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Recreation Facility, Sewer, Snow Removal
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: I3
  • In City Limits: No

Building Info

  • Builder Name: Foulger Pratt

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11092.00
  • Assessor Parcel Number: 160403580655
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2025
Sold by
Gottlieb Sheldon K and Gottlieb Sharon E
Bought by
Sheldon And Sharon Gottlieb Revocable Trust and Gottlieb
Current Estimated Value
$1,224,378

Purchase Details

Listed on
May 30, 2024
Closed on
Jun 13, 2024
Sold by
May Eric M
Bought by
Gottlieb Sharon E and Gottlieb Sheldon K
Seller's Agent
Christy Bakaly
Compass
Buyer's Agent
Shari Gronvall
Compass
List Price
$995,000
Sold Price
$1,275,000
Premium/Discount to List
$280,000
28.14%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 20, 2019
Sold by
Brick Steven H and Brick Mara G
Bought by
May Eric M and May Harriet C
Seller's Agent
Lauren Kline
Compass
Buyer's Agent
Steven Escobar
RE/MAX Town Center
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 26, 2013
Sold by
Vedadi Penny C
Bought by
Brick Steven H and Brick Mara G
Seller's Agent
Krystyna Kazerouni
Long & Foster Real Estate, Inc.
Buyer's Agent
Lauren Kline
Compass
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%
Original Mortgage
$592,000
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
Sheldon And Sharon Gottlieb Revocable Trust -- None Listed On Document
Gottlieb Sharon E $1,275,000 Westcor Land Title Insurance C
Gottlieb Sharon E $1,275,000 Westcor Land Title Insurance C
May Eric M $875,000 Hutton Patt T&E Llc
Brick Steven H $740,000 Old Republic Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brick Steven H $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2024 06/17/24 Sold $1,275,000 +28.1% $809 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $995,000 +5.3% $631 / Sq Ft
12/06/2022 12/06/22 Sold $945,000 +5.6% $667 / Sq Ft View Prior Sale
11/07/2022 11/07/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $895,000 +2.3% $632 / Sq Ft
12/20/2019 12/20/19 Sold $875,000 -2.2% $555 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $895,000 +20.9% $568 / Sq Ft
06/26/2013 06/26/13 Sold $740,000 -1.2% $463 / Sq Ft View Prior Sale
04/27/2013 04/27/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $749,000 -- $468 / 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 $11,469 $1,026,667 -- --
2024 $11,469 $993,333 $0 $0
2023 $5,200 $960,000 $288,000 $672,000
2022 $7,294 $905,000 $0 $0
2021 $18,033 $850,000 $0 $0
2020 $16,212 $795,000 $238,500 $556,500
2019 $15,688 $771,667 $0 $0
2018 $6,534 $748,333 $0 $0
2017 $10,190 $725,000 $0 $0
2016 -- $698,333 $0 $0
2015 $6,672 $671,667 $0 $0
2014 $6,672 $645,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Bakaly

    Seller's Agent in 2024

    Christy Bakaly

    Compass

    (301) 412-8830

    33 in this area

    79 Total Sales

    Christy Bakaly
    Section Image
  • Shari Gronvall

    Buyer's Agent in 2024

    Shari Gronvall

    Compass

    (202) 360-7648

    4 in this area

    82 Total Sales

    Shari Gronvall
    Section Image
  • Susan Verner

    Seller's Agent in 2022

    Susan Verner

    Long & Foster

    (240) 381-8853

    6 in this area

    48 Total Sales

    Susan Verner
    Section Image
  • Christine Koons-Byrne

    Buyer Co-Listing Agent in 2022

    Christine Koons-Byrne

    Compass

    (240) 672-6628

    20 in this area

    79 Total Sales

    Christine Koons-Byrne
    Section Image
  • Lauren Kline

    Seller's Agent in 2019

    Lauren Kline

    Compass

    (301) 518-9005

    2 in this area

    28 Total Sales

    Lauren Kline
    Section Image
  • Rachelle Cherol

    Seller Co-Listing Agent in 2019

    Rachelle Cherol

    Long & Foster

    (301) 379-5013

    2 in this area

    8 Total Sales

    Rachelle Cherol
    Section Image
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About The Park Potomac Place

Map

Source: Bright MLS

MLS Number: MDMC2132058

Bright MLS

APN: 04-03580655

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave Unit 309, Potomac, MD

Not Listed for Sale

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