$1,195,000

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

Estimated payment $8,617/month

Total Views 15,828
2 Beds
2.5 Baths
1,485 Sq Ft
$805 Price per Sq Ft

Highlights

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

About This Home

Bright and stylishly renovated, this residence is nestled in the highly desirable South Building of Park Potomac. The home boasts newly installed 5" hardwood floors, a modern kitchen with updated cabinetry and quartz countertops, and a luxurious primary bathroom with a spa-like ambiance. Upon entering, you'll find a foyer with access to a guest powder room. The elegant living room is adorned with large picture windows with custom blinds and a decorative electric fireplace and mantle. Enjoy your morning coffee at the breakfast bar. Additional features include ample closet space, a walk-in laundry room, and custom-built-ins.
* A large walk-in storage room and 2 parking spaces convey* Parking Space G2 -061 & G2-077 - Storage #130

Listing Agent

Margie Halem

Compass Listed on: 07/10/2025

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,799

Year Built

  • Built in 2006 | Remodeled in 2024

HOA Fees

  • $1,289 Monthly HOA Fees

Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,485 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Electric Fireplace
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Roll-in Shower
  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Outdoor Grill
  • Two or More Common Walls

Listing and Financial Details

  • Assessor Parcel Number 160403580690

Community Details

Overview

  • Association fees include management
  • Mid-Rise Condominium
  • Park Potomac Condos
  • Park Potomac Codm Subdivision

Amenities

  • Concierge
  • Common Area
  • Game Room
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,799

Year Built

Built in 2006 | Remodeled in 2024

Lot Details

0

HOA Fees

$1,289 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Roll-In Shower, 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Year Renovated: 2024
  • Remarks Public: Bright and stylishly renovated, this residence is nestled in the highly desirable South Building of Park Potomac. The home boasts newly installed 5" hardwood floors, a modern kitchen with updated cabinetry and quartz countertops, and a luxurious primary bathroom with a spa-like ambiance. Upon entering, you'll find a foyer with access to a guest powder room. The elegant living room is adorned with large picture windows with custom blinds and a decorative electric fireplace and mantle. Enjoy your morning coffee at the breakfast bar. Additional features include ample closet space, a walk-in laundry room, and custom-built-ins. * A large walk-in storage room and 2 parking spaces convey* Parking Space G2 -061 & G2-077 - Storage #130
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Kitchen - Island, Breakfast Area, Wood Floors, Walk-In Closet(s), Upgraded Countertops, Family Room Off Kitchen, Dining Area, Crown Moldings, Combination Kitchen/Living, Primary Bath(s), Bathroom - Walk-In Shower, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Open
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room Count: 8
  • Room List: Living Room, Dining Room, Laundry
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1485
  • Living Area Sq Ft: 1485
  • Price Per Sq Ft: 804.71
  • Above Grade Finished Sq Ft: 1485
  • 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
  • Exterior Features: Bbq Grill
  • Spa: No
  • View: Street
  • 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, Underground
  • 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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Desk In Lobby, Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1289.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Potomac
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Reserved/Assigned Parking, Common Grounds, Extra Storage, Pool - Outdoor, Game Room
  • HOA Condo Co-Op Fee Includes: Management
  • 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

  • Horses: No
  • Land Use Code: U
  • Year Assessed: 2025
  • Zoning: I3
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9799.00
  • Assessor Parcel Number: 160403580690
  • Tax Total Finished Sq Ft: 1485
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

About The Park Potomac Place

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $9,799 $866,667 -- --
2024 $9,799 $848,333 $0 $0
2023 $8,902 $830,000 $249,000 $581,000
2022 $8,130 $796,667 $0 $0
2021 $15,882 $763,333 $0 $0
2020 $7,389 $730,000 $219,000 $511,000
2019 $14,328 $710,000 $0 $0
2018 $7,622 $690,000 $0 $0
2017 $7,253 $670,000 $0 $0
2016 -- $628,333 $0 $0
2015 -- $586,667 $0 $0
2014 -- $545,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,195,000 +29.2% $805 / Sq Ft
08/31/2022 08/31/22 Sold $925,000 +12.1% $623 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $825,000 +3.8% $556 / Sq Ft
11/30/2016 11/30/16 Sold $795,000 0.0% $535 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $795,000 -- $535 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $925,000 --
Deed $795,000 Rgs Title Llc
Deed $585,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $681,750 New Conventional
Previous Owner $468,000 Purchase Money Mortgage
Previous Owner $400,000 Credit Line Revolving
Previous Owner $550,000 Stand Alone Second
Previous Owner $559,120 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Margie Halem
Margie Halem

Compass

(240) 896-4225

Section Image

The Halem Group is led by Margie Halem and is a highly experienced and successful real estate team specializing in the Washington DC Metro Region. Their expertise and impressive track record of over one billion in career sales certainly make the Halem Group a compelling choice for anyone looking to buy or sell in Washington D.C. and the surrounding areas of Montgomery County, Maryland. The team prides themselves on providing the highest level of service to their clients and fellow agents. They

View Margie's Profile

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Source: Bright MLS

MLS Number: MDMC2189092

Bright MLS

APN: 04-03580690

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave, Potomac, MD

This home is located at 12500 Park Potomac Ave, Potomac, MD 20854 and is currently priced at $1,195,000, approximately $804 per square foot. This property was built in 2006. 12500 Park Potomac Ave 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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Margie Halem
Margie Halem
Listing Agent Section Image
Compass
(240) 896-4225