NOT LISTED FOR SALE

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

Estimated Value: $1,210,000 - $1,305,000

2 Beds
2.5 Baths
1,453 Sq Ft
$1,226/mo HOA Fee

Last Sold March 19, 2024

Last sale price $950,000 $654 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,947/month

6 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gourmet Kitchen
  • Ritchie Park Elementary School Rated A
  • 24-Hour Security
  • 3-minute walk to Park Potomac Tot Lot

About This Home

As of March 2024

Welcome to beautiful 203 North! Sought after, exceptionally kept, 2 bedroom en suite Portsmouth model. Rich hardwoods throughout. Fabulous kitchen open to dining and living areas with balcony to blue skies. Designer Appliances including Viking Professional, Bosch, and Sub-Zero. Living area features a fantastic custom entertainment/library built-in. Steps away from Shops & Restaurants. Lively Community. Rarely on the market. A must see!

Freshly painted.
2 Assigned parking spaces right next to the elevator.
Heating, Air Conditioning, Hot Water Heater, Washer & Dryer all replaced around 2021.
Hardwoods throughout.
24/7 Concierge Service.

Last Agent to Sell the Property

Debbie Maloy

(202) 271-0458 debbie.maloy@lnf.com Long & Foster Real Estate, Inc. License #SP40002792 Listed on: 02/02/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kreag Maloy

(301) 299-6000 maloy@lnf.com Long & Foster Real Estate, Inc. License #590989

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,212

Year Built

  • Built in 2008

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $1,226 Monthly HOA Fees

Parking

  • Assigned parking located at #G-141 / G-142
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,453 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Casement Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Monitored

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Front Loading Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more
  • Level Entry For Accessibility

Schools

  • Ritchie Park Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 120/240V
  • 110 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 160403634315

Community Details

Overview

  • Association fees include gas, parking fee, pool(s), recreation facility, snow removal, trash
  • High-Rise Condominium
  • Park Potomac Condominum Condos
  • Park Potomac Lan Community
  • Park Potomac Codm Subdivision
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Community Center
  • Party Room

Recreation

Pet Policy

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

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,212

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,226 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator, 48"+ Halls, Level Entry - Main
  • Ownership: Condominium
  • Exclusions: Drapes in both bedrooms
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-02-02
  • Federal Flood Zone: No
  • Year Built: 2008
  • Assigned Parking Space Numbers: G-141 / G-142
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Water Heater
  • Entry Floor: 2
  • Flooring Type: Wood, Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Built-Ins, Kitchen - Gourmet, Sprinkler System, Stall Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Casement
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1453
  • Living Area Sq Ft: 1453
  • Price Per Sq Ft: 653.82
  • Above Grade Finished Sq Ft: 1453
  • 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
  • Construction Materials: Brick, Concrete
  • Exterior Features: Sidewalks, Street Lights
  • 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
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Ceiling Fan(s), Central A/C
  • Previous Twelve Months Electric Expense: 1099.22
  • Electric Service: 120/240V, 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Desk In Lobby, Main Entrance Lock, Monitored, Resident Manager, Security System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone
  • Water Previous Twelve Months: 550.59
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1226.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Potomac Condominum
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Party Room, Picnic Area, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Gas, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Size/Weight Restriction, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 8211.82
  • Assessor Parcel Number: 160403634315
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 Sold $950,000 0.0% $654 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $950,000 +32.9% $654 / Sq Ft
08/31/2012 08/31/12 Sold $714,900 0.0% $492 / Sq Ft View Prior Sale
07/26/2012 07/26/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $714,900 -- $492 / 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 $13,349 $1,223,333 -- --
2024 $13,349 $1,156,667 $0 $0
2023 $11,898 $1,090,000 $327,000 $763,000
2022 $8,785 $1,090,000 $327,000 $763,000
2021 $22,709 $1,090,000 $327,000 $763,000
2020 $21,496 $1,090,000 $327,000 $763,000
2019 $21,496 $1,035,000 $0 $0
2018 $10,826 $980,000 $0 $0
2017 $9,398 $925,000 $0 $0
2016 -- $875,000 $0 $0
2015 $8,268 $825,000 $0 $0
2014 $8,268 $775,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Maloy

    Seller's Agent in 2024

    Debbie Maloy

    Long & Foster

    (202) 271-0458

    9 in this area

    25 Total Sales

    Debbie Maloy
    Section Image

  • K

    Buyer's Agent in 2024

    Kreag Maloy

    Long & Foster

    (301) 299-6000

    1 in this area

    1 Total Sale

    Kreag Maloy
    Section Image

  • D

    Seller's Agent in 2012

    Diane Leach

    Long & Foster Real Estate, Inc.

    Section Image
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About The Park Potomac Place

Map

Source: Bright MLS

MLS Number: MDMC2118302

Bright MLS

APN: 04-03580507

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave, Potomac, MD

Not Listed for Sale

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