NOT LISTED FOR SALE

The Park Potomac Place 12500 Park Potomac Ave Unit 909N Potomac, MD 20854

Estimated Value: $1,198,000 - $1,367,000

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

Last Sold September 20, 2024

Last sale price $1,175,000 $746 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,186/month

13 Days on Market

Highlights

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

About This Home

As of September 2024

Luxury Living in this sun-drenched South Tower unit with POOL and verdant garden views...including the treetops of Virginia! INCREDIBLE VIEWS from the 9th floor! And Unit 909S is extra special with 10 ft Ceilings...yes...10 Feet! The unit is flooded with abundant Natural Light..forget the lamps!
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 TWO bedrooms at opposite ends of the home for privacy, TWO full bathrooms PLUS DEN and a cozy electric fireplace (2024) which is a rarity and a highly desired feature at Park Potomac Place. The new Buyer will enjoy the large bathrooms and chef's kitchen. The kitchen features Viking appliances including a gas cooktop, wall ovens and microwave (2024) and a Subzero refrigerator. The walk-in primary bedroom closet is one of the two large closets for clothing storage. A true laundry room (washer and dryer 2017) completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The HVAC and Hot Water (2016) is located in a separate utility closet outside the unit (extra quiet) The unit conveys with not one BUT TWO generous parking spots located on the entry level off of the lobby AND an enclosed private storage room conveniently located INSIDE the building on the lobby level.
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!
THIS IS THE ONE!

Last Agent to Sell the Property

Christy Bakaly

(301) 412-8830 christy.bakaly@compass.com Compass License #605541 Listed on: 08/09/2024

Compass

Last Buyer's Agent

Michelle Yu

(240) 888-5076 michelleyurealestate@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,784

Year Built

  • Built in 2006

HOA Fees

  • $1,508 Monthly HOA Fees

Parking

  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Entry on the 9th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,576 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Self Contained Fireplace Unit Or Insert
  • Combination Dining and Living Room
  • Den

Kitchen

  • Gourmet Kitchen
  • Built-In 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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403581158

Community Details

Overview

  • Association fees include common area maintenance, gas, lawn maintenance, management, parking fee, pool(s), recreation facility, reserve funds, sewer, snow removal, trash
  • High-Rise Condominium
  • Park Potomac Place Condos
  • Park Potomac Subdivision
  • Property Manager

Amenities

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

Recreation

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,784

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: 2024-08-10
  • 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 - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 9
  • Interior Amenities: Carpet, Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Walk-In Closet(s), Wood Floors
  • Fireplace Features: Insert
  • Fireplaces Count: 1
  • Fireplace: Yes
  • 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: 792.51
  • 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
  • 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 - Side Entry
  • 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: 90% 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: Common Grounds, Community Center, Elevator, Fitness Center, Guest Suites, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, 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: Balcony
  • Zoning: I3
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 11784.00
  • Assessor Parcel Number: 160403581158
  • 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

Listed on
Sep 30, 2016
Closed on
Feb 28, 2017
Sold by
Hoyos Alberto and Hoyos Aminta L
Bought by
Herman Bruce
Seller's Agent
Angela Goldstein
Northgate Realty, LLC
Buyer's Agent
Cathy Sherk
Weichert, REALTORS
List Price
$1,224,000
Sold Price
$1,140,000
Premium/Discount to List
-$84,000
-6.86%
Current Estimated Value
$1,254,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,189
Avg. Annual Appreciation
1.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Herman Bruce $1,140,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $1,175,000 -5.9% $746 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/17/2024 08/17/24 Price Changed $1,249,000 -3.8% $793 / Sq Ft
08/09/2024 08/09/24 For Sale $1,299,000 +13.9% $824 / Sq Ft
02/28/2017 02/28/17 Sold $1,140,000 -4.8% $664 / Sq Ft View Prior Sale
12/24/2016 12/24/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $1,197,000 -2.2% $698 / Sq Ft
09/30/2016 09/30/16 For Sale $1,224,000 0.0% $713 / Sq Ft
12/06/2013 12/06/13 Rented $3,900 -11.4% --
12/03/2013 12/03/13 Under Contract -- -- --
08/21/2013 08/21/13 For Rent $4,400 -- --
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 $12,888 $1,158,333 -- --
2024 $12,888 $1,116,667 $0 $0
2023 $11,725 $1,075,000 $322,500 $752,500
2022 $8,665 $1,075,000 $322,500 $752,500
2021 $22,378 $1,075,000 $322,500 $752,500
2020 $21,349 $1,075,000 $322,500 $752,500
2019 $21,349 $1,028,333 $0 $0
2018 $10,844 $981,667 $0 $0
2017 $9,552 $935,000 $0 $0
2016 -- $888,333 $0 $0
2015 $8,857 $841,667 $0 $0
2014 $8,857 $795,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Bright MLS

MLS Number: MDMC2138442

Bright MLS

APN: 04-03634953