NOT LISTED FOR SALE

The Park Potomac Place 12500 Park Potomac Ave Unit 608S Potomac, MD 20854

Estimated Value: $1,248,000 - $1,303,690

2 Beds
2.5 Baths
1,809 Sq Ft
$1,172/mo HOA Fee

Last Sold December 20, 2021

Last sale price $1,000,000 $553 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,151/month

Highlights

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

About This Home

As of December 2021

Come see this beautifully appointed corner unit filled with sunlight in the fabulous Park Potomac Condominium Complex. Spacious size rooms with open concept design. Gourmet Kitchen with state of the art Viking appliances. with beautiful granite and center island with nice backsplash. Fabulous Master Suite with Large Balcony that has access from Living room and Master Bedroom, and a Juliette Balcony off second bedroom. Two walk in closets with built ins, Wonderful Master bath includes large soaking tub, and shower. Second bedroom is located on opposite side of the unit with its own bathroom and walk in closet with built ins. There is a formal Living room and Dining Room and nice Family room. Enjoy the gleaming hardwood floors and natural sunlight beaming through the unit. There is a wall with built ins and fireplace hearth. Private laundry room in the unit off the kitchen. Door from Living Room to Large Balcony. This unit comes with two garage parkings, a storage unit, 24 hour concierge fully staffed front desk, fitness center, outdoor pool, pary room and meeting room, Courtyard Patio with a gas grill. Too many amenities to mention, but it feels like you are living at a resort. Free shuttle to White Flint Metro. Walking distance to Harris Teeters, many shops and restaurants. Close to I 270. Hurry this might be the perfect property for your client! Hurry it won't last! Fantastic price! Drastic Reduction!

Last Agent to Sell the Property

Antoinette Sherman

Berkshire Hathaway HomeServices PenFed Realty License #99180 Listed on: 06/10/2021

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Mary J Murphy

Allied Realty License #625939

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,955

Year Built

  • Built in 2006

Lot Details

  • 44

HOA Fees

  • $1,172 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,809 Sq Ft Home
  • Property has 1 Level
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Courtyard Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 160403580917

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, insurance, lawn maintenance, management, parking fee, pool(s), reserve funds, snow removal
  • Building Winterized
  • Park Potomac Cod Community
  • Park Potomac Codm Subdivision
  • Property Manager

Amenities

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

Recreation

  • Community Playground

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,955

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,172 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Garage/Parking Space
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Come see this beautifully appointed corner unit filled with sunlight in the fabulous Park Potomac Condominium Complex. Spacious size rooms with open concept design. Gourmet Kitchen with state of the art Viking appliances. with beautiful granite and center island with nice backsplash. Fabulous Master Suite with Large Balcony that has access from Living room and Master Bedroom, and a Juliette Balcony off second bedroom. Two walk in closets with built ins, Wonderful Master bath includes large soaking tub, and shower. Second bedroom is located on opposite side of the unit with its own bathroom and walk in closet with built ins. There is a formal Living room and Dining Room and nice Family room. Enjoy the gleaming hardwood floors and natural sunlight beaming through the unit. There is a wall with built ins and fireplace hearth. Private laundry room in the unit off the kitchen. Door from Living Room to Large Balcony. This unit comes with two garage parkings, a storage unit, 24 hour concierge fully staffed front desk, fitness center, outdoor pool, pary room and meeting room, Courtyard Patio with a gas grill. Too many amenities to mention, but it feels like you are living at a resort. Free shuttle to White Flint Metro. Walking distance to Harris Teeters, many shops and restaurants. Close to I 270. Hurry this might be the perfect property for your client! Hurry it won't last! Fantastic price! Drastic Reduction!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1809
  • Living Area Sq Ft: 1809
  • Price Per Sq Ft: 552.24
  • Above Grade Finished Sq Ft: 1809
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12500

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
  • Spa: No
  • View: Courtyard
  • 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: Garage - Front Entry, Garage Door Opener
  • 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: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Phone Available
  • Municipal Trash: Yes
  • Internet Services: Broadband, Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1172.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Common Grounds, Elevator, Exercise Room, Fitness Center, Guest Suites, Meeting Room, Party Room, Tot Lots/Playground, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Improvement Assessed Value: 728000.00
  • Land Assessed Value: 312000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: 13
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14104880
  • Tax Annual Amount: 11955.00
  • Assessor Parcel Number: 160403580917
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Dec 15, 2021
Sold by
Edward Blanco
Bought by
Carolyn A Post Family Trust
Seller's Agent
Antoinette Sherman
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Mary J Murphy
Allied Realty
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$1,279,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,923
Avg. Annual Appreciation
6.25%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 1, 2020
Sold by
Gordon Daniel Leo and Gordon Lawrence J
Bought by
Blanco Elvira
Seller's Agent
Parvaneh Naghash
Long & Foster Real Estate, Inc.
Buyer's Agent
Antoinette Sherman
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,080,000
Sold Price
$1,025,000
Premium/Discount to List
-$55,000
-5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.00%
Original Mortgage
$1,048,513
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Gordon Constance S Tr
Bought by
Gordon Lawrence J Tr
Source: Public Records

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
Carolyn A Post Family Trust $1,000 Fidelity National Title
Blanco Elvira $1,025,000 Michaels T&E Llc
Gordon Lawrence J Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanco Elvira $1,048,513
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $1,000,000 +0.1% $553 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/08/2021 11/08/21 Price Changed $999,000 -9.2% $552 / Sq Ft
08/08/2021 08/08/21 Price Changed $1,100,000 +989.1% $608 / Sq Ft
08/08/2021 08/08/21 Price Changed $101,000 -90.4% $56 / Sq Ft
07/21/2021 07/21/21 For Sale $1,050,000 +5.0% $580 / Sq Ft
07/16/2021 07/16/21 Off Market $1,000,000 -- --
06/21/2021 06/21/21 Price Changed $1,050,000 -2.8% $580 / Sq Ft
06/10/2021 06/10/21 For Sale $1,080,000 +5.4% $597 / Sq Ft
10/01/2020 10/01/20 Sold $1,025,000 -1.9% $567 / Sq Ft
08/27/2020 08/27/20 Price Changed $1,045,000 -3.2% $578 / Sq Ft
08/21/2020 08/21/20 For Sale $1,080,000 -- $597 / 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 $13,925 $1,248,333 -- --
2024 $13,925 $1,206,667 $0 $0
2023 $12,762 $1,165,000 $349,500 $815,500
2022 $11,734 $1,123,333 $0 $0
2021 $11,263 $1,081,667 $0 $0
2020 $21,618 $1,040,000 $312,000 $728,000
2019 $20,724 $1,000,000 $0 $0
2018 $9,940 $960,000 $0 $0
2017 $9,571 $920,000 $0 $0
2016 $8,160 $890,000 $0 $0
2015 $8,160 $860,000 $0 $0
2014 $8,160 $830,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Antoinette Sherman

    BHHS PenFed (actual)

    (240) 778-4401

    2 in this area

    3 Total Sales

    Antoinette Sherman
    Section Image
  • Mary J Murphy

    Buyer's Agent in 2021

    Mary J Murphy

    Allied Realty

    (301) 717-8372

    1 in this area

    17 Total Sales

    Mary J Murphy
    Section Image
  • Parvaneh Naghash

    Seller's Agent in 2020

    Parvaneh Naghash

    Long & Foster

    (240) 462-3527

    4 in this area

    13 Total Sales

    Parvaneh Naghash
    Section Image
  • Kenny Light

    Seller Co-Listing Agent in 2020

    Kenny Light

    Long & Foster

    (301) 641-9569

    3 in this area

    4 Total Sales

    Kenny Light
    Section Image
See All Agents

About The Park Potomac Place

Map

Source: Bright MLS

MLS Number: MDMC763506

Bright MLS

APN: 04-03580917

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave Unit 608S, Potomac, MD

This home is located at 12500 Park Potomac Ave Unit 608S, Potomac, MD 20854 since 10 June 2021 and is currently estimated at $1,279,923, approximately $707 per square foot. This property was built in 2006. 12500 Park Potomac Ave Unit 608S is a home located in Montgomery County with nearby schools including Ritchie Park Elementary School, Julius West Middle School, and Richard Montgomery High School.

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