NOT LISTED FOR SALE

12508 Exchange Ct S Potomac, MD 20854

Estimated Value: $1,407,569 - $1,491,000

6 Beds
4.5 Baths
4,651 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $1,065,000 $229 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,065/month

7 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Community Lake
  • Cold Spring Elementary School Rated A
  • Colonial Architecture
  • Deck

About This Home

As of June 2017

Colonial in sought-after Copenhaver! Great flow for entertaining! Beautiful backyard w/lg Terrace! Hardwood on main/upper levels. Living rm w/fplace & formal dining rm! Lg. Gourmet kitchen w/breakfast area & bay window. Family rm. w/brick fplace. Office & renova powder rm. Owner's retreat w/ sitting rm, WIC & spa-like baths. Newly renova walk-out lower LL w/wine cellar & custom built wine rack.

Last Agent to Sell the Property

Eric Stewart

Long & Foster Real Estate, Inc. Listed on: 04/13/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Khalil El-Ghoul

Glass House Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,498

Year Built

  • Built in 1968 | Remodeled in 2017

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition
  • Property is zoned R150

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Free Parking
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Bay Window
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Space For Rooms
  • Basement Windows

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Patio
  • Terrace
  • Porch

Schools

  • Cold Spring Elementary School
  • Cabin John Middle School
  • Thomas S. Wootton High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160400129893

Community Details

Overview

  • Association fees include reserve funds
  • Built by KETTLER BROTHERS
  • Copenhaver Subdivision, Baltimore Floorplan
  • The community has rules related to covenants
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,498

Year Built

Built in 1968 | Remodeled in 2017

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1968
  • Year Renovated: 2017
  • Remarks Public: Colonial in sought-after Copenhaver! Great flow for entertaining! Beautiful backyard w/lg Terrace! Hardwood on main/upper levels. Living rm w/fplace & formal dining rm! Lg. Gourmet kitchen w/breakfast area & bay window. Family rm. w/brick fplace. Office & renova powder rm. Owner's retreat w/ sitting rm, WIC & spa-like baths. Newly renova walk-out lower LL w/wine cellar & custom built wine rack.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Icemaker, Oven - Single, Oven - Wall, Refrigerator, Stove, Water Heater
  • Interior Amenities: Kitchen - Eat-In, Dining Area, Breakfast Area, Kitchen - Gourmet, Kitchen - Table Space, Wood Floors, Chair Railings, Crown Moldings, Upgraded Countertops, Primary Bath(s), Recessed Lighting, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Bay/Bow, Skylights
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, High
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Daylight, Full, Daylight, Partial, Full, Fully Finished, Improved, Rear Entrance, Walkout Level, Windows, Space For Rooms
  • Living Area Units: Square Feet
  • Total Sq Ft: 4651
  • Living Area Sq Ft: 4651
  • Price Per Sq Ft: 301.15
  • Above Grade Finished Sq Ft: 3553
  • Below Grade Finished Sq Ft: 1098
  • Total Below Grade Sq Ft: 1098
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12508

Beds/Baths

  • Bedrooms: 6
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Free, Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 425.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Bike Trail, Jog/Walk Path, Lake, Picnic Area, Soccer Field, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Reserve Funds
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA Condo Co-Op Rules: Covenants, Fencing
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: COLD SPRING
  • Middle School: CABIN JOHN
  • High School: THOMAS S. WOOTTON
  • School District Key: 121138126809
  • Elementary School: COLD SPRING
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Fencing: Rear, Fully
  • Improvement Assessed Value: 468900.00
  • Land Assessed Value: 417900.00
  • Lot Features: Landscaping, Cul-De-Sac
  • Lot Size Acres: 0.30
  • Lot Size Area: 13204
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13204.00
  • Outdoor Living Structures: Porch(es), Patio(s), Deck(s), Terrace
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R150

Building Info

  • Builder Name: KETTLER BROTHERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13900019
  • Tax Annual Amount: 10498.41
  • Assessor Parcel Number: 160400129893
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 3672
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/12/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 12, 2017
Sold by
Bianchi Kenneth S and Bianchi Fernanda Trotta
Bought by
Raafat Raafat and Elbasha Reem
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Khalil El-Ghoul
Glass House Real Estate
List Price
$1,070,000
Sold Price
$1,065,000
Premium/Discount to List
-$5,000
-0.47%
Current Estimated Value
$1,458,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,392
Avg. Annual Appreciation
3.92%
Original Mortgage
$852,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2000
Sold by
Derderian Sarkis S and Derderian A V
Bought by
Bianchi Kenneth S and Bianchi Fernanda Trotta

Purchase Details

Closed on
Oct 22, 1993
Sold by
Huie F K
Bought by
Derderian Sarkis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,400
Interest Rate
6.73%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Raafat Raafat $1,065,000 Paragon Title & Escrow Co
Bianchi Kenneth S $525,000 --
Derderian Sarkis S $466,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raafat $336,000
Open Raafat $788,000
Closed Raafat $510,400
Closed Raafat $314,200
Closed Raafat Raafat $852,000
Previous Owner Derderian Sarkis S $350,000
Previous Owner Bianchi Kenneth S $300,000
Previous Owner Derderian Sarkis S $373,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $1,065,000 -0.5% $229 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $1,070,000 -- $230 / 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 $13,004 $1,141,800 -- --
2024 $13,004 $1,076,800 $0 $0
2023 $11,545 $1,011,800 $438,800 $573,000
2022 $10,991 $1,010,267 $0 $0
2021 $10,857 $1,008,733 $0 $0
2020 $8,254 $1,007,200 $438,800 $568,400
2019 $8,889 $967,067 $0 $0
2018 $9,249 $926,933 $0 $0
2017 $9,757 $886,800 $0 $0
2016 -- $880,567 $0 $0
2015 $9,378 $874,333 $0 $0
2014 $9,378 $868,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002511053

Bright MLS

APN: 04-00129893