Seller's Agent in 2017
Mandy Rehm
Remax Realty Group
(240) 838-0672
1 in this area
80 Total Sales
12508 Palatine Ct Potomac, MD 20854
Estimated Value: $1,987,955 - $2,431,000
7
Beds
4.5
Baths
8,050
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Curved or Spiral Staircase
- Two Story Ceilings
- Potomac Elementary School Rated A
- Colonial Architecture
- Wood Flooring
About This Home
As of June 2017Gorgeous sun-filled Estate in prestigious Palatine! Circular driveway leads to all brick colonial over 8000sq. sited on 2 ACRE private lot. Features 2 story marble foyer, banquet dining, 6-sided Conservatory, gourmet kitchen w/island/breakfast bar, library,dramatic great rm w/stone FP, sumptuous Master Suite/Bath, enormous walk-out basement w/wet bar,game rm,guest suites, 3 car garage! Must See!
Last Agent to Sell the Property
RE/MAX Realty Group License #589407 Listed on: 04/05/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,279
Year Built
- Built in 1994 | Remodeled in 2016
Lot Details
- 2 Acre Lot
- Property is in very good condition
- Property is zoned RE2
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Curved or Spiral Staircase
- Tray Ceiling
- Two Story Ceilings
- 2 Fireplaces
- Fireplace With Glass Doors
- Dining Area
- Wood Flooring
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Bathroom
- 4.5 Bathrooms
Laundry
- Dryer
- Washer
Improved Basement
- Heated Basement
- Walk-Out Basement
- Front and Rear Basement Entry
- Basement Windows
Schools
- Potomac Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Palatine Subdivision
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 160602870621
- $1,638 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jun 9, 2017
Sold by
Hu Kung Kung and Hu Walter
Bought by
Greenbaum Todd I and Greenbaum Stacie G
Seller's Agent
Mandy Rehm
RE/MAX Realty Group
Buyer's Agent
Mandy Rehm
RE/MAX Realty Group
List Price
$1,650,000
Sold Price
$1,465,000
Premium/Discount to List
-$185,000
-11.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$749,989
Avg. Annual Appreciation
4.93%
Original Mortgage
$1,245,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 8, 1994
Sold by
Renaissance At Palatine Inc
Bought by
Hu Kung Chu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
9%
Purchase Details
Closed on
Dec 7, 1993
Sold by
Dumont Oaks Corp
Bought by
Renaissance@Palatine
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greenbaum Todd I | $1,465,000 | Title Town Settlements Llc | |
| Hu Kung Chu | $828,203 | -- | |
| Renaissance@Palatine | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Greenbaum Todd I | $200,000 | |
| Open | Greenbaum Todd I | $1,355,000 | |
| Closed | Greenbaum Todd I | $177,000 | |
| Closed | Greenbaum Todd I | $1,245,250 | |
| Previous Owner | Renaissance@Palatine | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2017 06/09/17 | Sold | $1,465,000 | -11.2% | $182 / Sq Ft |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- |
| 04/05/2017 04/05/17 | For Sale | $1,650,000 | -- | $205 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $17,813 | $1,630,400 | -- | -- |
| 2024 | $17,813 | $1,484,800 | $665,500 | $819,300 |
| 2023 | $16,738 | $1,454,467 | $0 | $0 |
| 2022 | $11,479 | $1,424,133 | $0 | $0 |
| 2021 | $15,260 | $1,393,800 | $665,500 | $728,300 |
| 2020 | $15,230 | $1,393,800 | $665,500 | $728,300 |
| 2019 | $15,203 | $1,393,800 | $665,500 | $728,300 |
| 2018 | $6,360 | $1,465,000 | $665,500 | $799,500 |
| 2017 | $18,069 | $1,516,033 | $0 | $0 |
| 2016 | -- | $1,434,867 | $0 | $0 |
| 2015 | $16,795 | $1,353,700 | $0 | $0 |
| 2014 | $16,795 | $1,353,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy Rehm
Map
Source: Bright MLS
MLS Number: 1002507621
APN: 06-02870621
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