NOT LISTED FOR SALE

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

Estimated Value: $2,114,000 - $2,456,000

-- Bed
-- Bath
3,382 Sq Ft
$660/Sq Ft Est. Value

About This Home

This home is located at 12500 Park Potomac Ave, Potomac, MD 20854 and is currently estimated at $2,232,646, approximately $660 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
Jul 6, 2022
Sold by
Harvey I Katzen Qualified Personal Resid
Bought by
Severe Martin L and Severe Joanne B
Current Estimated Value
$2,232,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,000
Outstanding Balance
$1,431,626
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$745,545

Purchase Details

Closed on
Oct 16, 2008
Sold by
Park Potomac Codm 2 Llc
Bought by
Katzen Harvey I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
Severe Martin L $2,025,000 None Listed On Document
Katzen Harvey I $1,916,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severe Martin L $1,499,000
Closed Severe Martin L $1,499,000
Previous Owner Katzen Dr Harvey $122,000
Previous Owner Katzen Harvey I $30,000
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 $20,832 $1,878,333 -- --
2024 $20,832 $1,806,667 $0 $0
2023 $19,330 $1,735,000 $520,500 $1,214,500
2022 $18,484 $1,735,000 $520,500 $1,214,500
2021 $0 $1,735,000 $520,500 $1,214,500
2020 $0 $1,735,000 $520,500 $1,214,500
2019 $36,198 $1,701,667 $0 $0
2018 $18,430 $1,668,333 $0 $0
2017 $18,452 $1,635,000 $0 $0
2016 -- $1,635,000 $0 $0
2015 $16,943 $1,635,000 $0 $0
2014 $16,943 $1,635,000 $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 $2,232,646, approximately $660 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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