NOT LISTED FOR SALE

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

Estimated Value: $1,203,000 - $1,282,000

-- Bed
-- Bath
1,809 Sq Ft
$691/Sq Ft Est. Value

About This Home

This home is located at 12500 Park Potomac Ave, Potomac, MD 20854 and is currently estimated at $1,250,013, approximately $690 per square foot. 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Axelrad Jeffrey and Shapourian Michelle
Bought by
Heltzer Paula Sue and Heltzer Harold Jerald
Current Estimated Value
$1,250,013

Purchase Details

Closed on
Apr 18, 2018
Sold by
Rausch Douglas A and Rausch Susan E
Bought by
Axelrad Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2008
Sold by
Park Potomac Codm 1 Llc
Bought by
Rausch Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 2008
Sold by
Park Potomac Codm 1 Llc
Bought by
Rausch Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Heltzer Paula Sue $1,203,000 None Listed On Document
Heltzer Paula Sue $1,203,000 None Listed On Document
Axelrad Jeffrey $895,000 Paragon Title & Escrow Co
Rausch Douglas A $855,000 --
Rausch Douglas A $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Axelrad Jeffrey $647,627
Previous Owner Axelrad Jeffrey T $659,802
Previous Owner Axelrad Jeffrey $671,250
Previous Owner Rausch Douglas A $200,000
Previous Owner Rausch Douglas A $417,000
Previous Owner Rausch Douglas A $250,000
Previous Owner Rausch Douglas A $309,750
Previous Owner Rausch Douglas A $417,000
Previous Owner Rausch Douglas A $417,000
Source: Public Records

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 $13,234 $1,188,333 -- --
2024 $13,234 $1,146,667 $0 $0
2023 $12,071 $1,105,000 $331,500 $773,500
2022 $11,072 $1,063,333 $0 $0
2021 $10,601 $1,021,667 $0 $0
2020 $20,294 $980,000 $294,000 $686,000
2019 $19,401 $940,000 $0 $0
2018 $9,942 $900,000 $0 $0
2017 $8,881 $860,000 $0 $0
2016 $8,000 $830,000 $0 $0
2015 $8,000 $800,000 $0 $0
2014 $8,000 $770,000 $0 $0
Source: Public Records

About The Park Potomac Place

Map

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 estimated at $1,250,013, approximately $690 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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