$1,180,000
SOLD JUL 15, 2025

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

2 Beds
2 Baths
1,576 Sq Ft
$1,696/mo HOA Fee

Recently Sold

$749 Per Sq Ft

2% Below List Price

Highlights

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

About This Home

As of July 2025

Luxury Living in this sun-drenched South Tower unit with POOL and courtyard verdant views! The Lancaster model is treasured for its spacious footprint including a 5 ft 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 2 bedrooms at the opposite ends of the home for privacy; 2 full bathrooms PLUS a LARGE den/office. The kitchen features Viking appliances including wall ovens and microwave; a Subzero refrigerator, a Bosch Dishwasher and a custom pantry which can easily be converted to coat closet. The large walk-in primary bedroom closet has been fabulously customized with amazing storage. A true laundry room completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The unit conveys with not one BUT TWO generous parking spots AND an enclosed private storage room conveniently located next to the parking and close proximity to the elevator. 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 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!

Last Agent to Sell the Property

Christy Bakaly

Compass License #605541 Listed on: 07/07/2025

Compass

Last Buyer's Agent

Marsha Schuman

Washington Fine Properties, LLC

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,584

Year Built

  • Built in 2006

Lot Details

  • Property is Fully Fenced
  • Property is in excellent condition

HOA Fees

  • $1,696 Monthly HOA Fees

Parking

  • Handicap Parking
  • Side Facing Garage
  • Parking Space Conveys
  • Secure Parking

Property Views

  • Water
  • Woods

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 1,576 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Dining Area
  • Den

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Exterior Cameras
  • Monitored

Outdoor Features

  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Playground

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403580746

Community Details

Overview

  • Association fees include common area maintenance, lawn maintenance, management, parking fee, pool(s), reserve funds, recreation facility, sewer, snow removal, trash
  • High-Rise Condominium
  • Park Potomac Place Condos
  • Built by Folger Pratt
  • Park Potomac Subdivision, Lancaster Floorplan

Amenities

  • Concierge
  • Transportation Service
  • Common Area
  • Meeting Room
  • Party Room
  • Guest Suites
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,584

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,696 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
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Luxury Living in this sun-drenched South Tower unit with POOL and courtyard verdant views! The Lancaster model is treasured for its spacious footprint including a 5 ft 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 2 bedrooms at the opposite ends of the home for privacy; 2 full bathrooms PLUS a LARGE den/office. The kitchen features Viking appliances including wall ovens and microwave; a Subzero refrigerator, a Bosch Dishwasher and a custom pantry which can easily be converted to coat closet. The large walk-in primary bedroom closet has been fabulously customized with amazing storage. A true laundry room completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The unit conveys with not one BUT TWO generous parking spots AND an enclosed private storage room conveniently located next to the parking and close proximity to the elevator. 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 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!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven - Wall, Refrigerator, Range Hood, Stainless Steel Appliances, Washer, Washer - Front Loading, Water Heater, Dryer - Front Loading
  • Entry Floor: 4
  • Flooring Type: Carpet, Engineered Wood
  • Interior Amenities: Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Foundation Details: Permanent
  • 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: 760.79
  • Above Grade Finished Sq Ft: 1576
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12500

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
  • Exterior Features: Bbq Grill, Exterior Lighting, Play Area
  • View: Trees/Woods, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Handicap Parking, Parking Space Conveys, Private, Secure Parking
  • 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
  • Security: Desk In Lobby, Exterior Cameras, Main Entrance Lock, Monitored, Resident Manager, Sprinkler System - Indoor, Smoke Detector, 24 Hour Security
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1696.13
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PARK POTOMAC PLACE
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Guest Suites, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Tot Lots/Playground, Transportation Service
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Recreation Facility, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

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

  • Fencing: Fully
  • Land Use Code: U
  • Outdoor Living Structures: Balcony, Terrace
  • Property Condition: Excellent
  • Year Assessed: 2025
  • Zoning: I3
  • In City Limits: No

Building Info

  • Builder Name: Folger Pratt

Rental Info

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

Tax Info

  • Tax Annual Amount: 11584.00
  • Assessor Parcel Number: 160403580746
  • Tax Total Finished Sq Ft: 1576
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/15/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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Range of Values:

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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 Change Sq Ft Price
07/15/2025 07/15/25 Sold $1,180,000 -1.6% $749 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $1,199,000 -- $761 / 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 $9,166 $861,667 -- --
2024 $9,166 $793,333 $0 $0
2023 $0 $725,000 $217,500 $507,500
2022 $5,844 $725,000 $217,500 $507,500
2021 $14,661 $725,000 $217,500 $507,500
2020 $14,218 $725,000 $217,500 $507,500
2019 $14,218 $705,000 $0 $0
2018 $7,567 $685,000 $0 $0
2017 $6,925 $665,000 $0 $0
2016 -- $660,000 $0 $0
2015 $6,072 $655,000 $0 $0
2014 $6,072 $650,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2187298

Bright MLS

APN: 04-03634554