NOT LISTED FOR SALE

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

Estimated Value: $1,180,031 - $1,223,000

2 Beds
2.5 Baths
1,734 Sq Ft
$1,398/mo HOA Fee

Last Sold June 05, 2023

Last sale price $1,100,000 $634 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,702/month

19 Days on Market

Highlights

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

About This Home

As of June 2023

Move right into this luxurious and upscale 1,734 square foot, freshly painted 2 bedrooms PLUS den, 2.5 bath Park Potomac Place condo. This Windham model provides the ideal "split" floor plan separating bedrooms for quiet and privacy plus functional foyer opens right into expansive living and dining room spaces - no long wasted hallway! The upgraded Chef's kitchen offers Viking and Subzero stainless-steel appliances, a breakfast bar, and plenty of counter space. The dining room is perfect for formal or casual living and opens to the spacious living room with a fireplace. The primary bedroom has an oversized walk-in closet with custom build out and a spa-like, ensuite bathroom with a glass shower and separate luxurious tub. The generous second bedroom is also ensuite. A separate laundry room comes with a full-size washer and dryer replaced in 2021. Enjoy the views from the balcony overlooking the courtyard and pool. Two parking spots (019 & 030) on Level G2 and an adjacent large storage unit (S-5) are included. Pet-friendly Park Potomac Place offers many amenities, including 24-hour concierge service, a fitness center, a swimming pool, a patio and grill area, a guest suite, a party room, and on-site management. Literally steps away is Harris Teeter and a variety of shops as well as many great restaurants in the Park Potomac enclave. Easy access to I-270. Must see!

Last Agent to Sell the Property

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 04/01/2023

Compass

Co-Listed By

Gail Gordon

(301) 529-8527 gail@bannerteam.com Compass

Last Buyer's Agent

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 04/01/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,514

Year Built

  • Built in 2006

Lot Details

  • Extensive Hardscape
  • Cleared Lot
  • Property is in excellent condition

HOA Fees

  • $1,398 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Lighted Parking

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,734 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Fireplace Mantel
  • Electric Fireplace
  • Window Treatments
  • Wood Flooring
  • Exterior Cameras

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403580848

Community Details

Overview

  • Association fees include gas, pool(s), health club, common area maintenance, management, exterior building maintenance, reserve funds, snow removal, trash
  • High-Rise Condominium
  • Park Potomac Condos
  • Park Potomac Condo Community
  • Park Potomac Codm Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Meeting Room
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,514

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,398 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-04-01
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven - Wall, Refrigerator, Range Hood, Stainless Steel Appliances, Washer
  • Entry Floor: 6
  • Flooring Type: Wood
  • Interior Amenities: Breakfast Area, Built-Ins, Crown Moldings, Elevator, Entry Level Bedroom, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Electric, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1734
  • Living Area Sq Ft: 1734
  • Price Per Sq Ft: 663.21
  • Above Grade Finished Sq Ft: 1734
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Spa: No
  • 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
  • Parking Features: Heated, Lighted Parking
  • Garage Features: Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Exterior Cameras, Resident Manager, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1398.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Park Potomac
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Pool - Outdoor, Reserved/Assigned Parking, Common Grounds, Community Center, Tot Lots/Playground, Meeting Room
  • HOA Condo Co-Op Fee Includes: Gas, Pool(s), Health Club, Common Area Maintenance, Management, Ext Bldg Maint, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 665000.00
  • Land Assessed Value: 285000.00
  • Lot Features: Cleared
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: I3
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14104885
  • Tax Annual Amount: 10514.00
  • Assessor Parcel Number: 160403580848
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 2, 2023
Sold by
Levitt Michael J
Bought by
Youngentob Eugene K and Youngentob Alane A
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Wendy Banner
Compass
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
213
Current Estimated Value
$1,199,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,758
Avg. Annual Appreciation
3.55%

Purchase Details

Closed on
Mar 9, 2007
Sold by
Park Potomac Codm 1 Llc
Bought by
Levitt Michael J

Purchase Details

Closed on
Feb 7, 2007
Sold by
Park Potomac Codm 1 Llc
Bought by
Levitt Michael J

Purchase Details

Closed on
Jun 14, 1996
Sold by
Ridgeview Centre Corp
Bought by
Nvr Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Youngentob Eugene K $1,100,000 Capitol Title
Levitt Michael J $908,740 --
Levitt Michael J $908,740 --
Nvr Homes Inc $247,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $1,100,000 -4.3% $634 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $1,150,000 -- $663 / 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 $11,845 $1,102,000 -- --
2024 $11,845 $1,026,000 $0 $0
2023 $10,977 $950,000 $285,000 $665,000
2022 $7,657 $950,000 $285,000 $665,000
2021 $0 $950,000 $285,000 $665,000
2020 $10,062 $950,000 $285,000 $665,000
2019 $10,062 $910,000 $0 $0
2018 $9,611 $870,000 $0 $0
2017 $9,397 $830,000 $0 $0
2016 -- $800,000 $0 $0
2015 -- $770,000 $0 $0
2014 -- $740,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Banner

    Seller's Agent in 2023

    Wendy Banner

    Compass

    (301) 365-9090

    94 in this area

    499 Total Sales

    Wendy Banner
    Section Image
  • Gail Gordon

    Seller Co-Listing Agent in 2023

    Gail Gordon

    Compass

    (301) 529-8527

    29 in this area

    51 Total Sales

    Gail Gordon
    Section Image
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About The Park Potomac Place

Map

Source: Bright MLS

MLS Number: MDMC2087136

Bright MLS

APN: 04-03580848

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave, Potomac, MD

Not Listed for Sale

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