NOT LISTED FOR SALE

12512 Palatine Ct Potomac, MD 20854

Estimated Value: $2,273,000 - $2,511,000

6 Beds
8 Baths
7,957 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $2,050,000 $258 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,688/month

2 Days on Market

Highlights

  • Tennis Courts
  • In Ground Pool
  • Scenic Views
  • Potomac Elementary School Rated A
  • Gourmet Kitchen
  • Dual Staircase

About This Home

As of December 2021

Located in one of the most prestigious neighborhoods of Potomac, this stunning contemporary home offers an extraordinary floor plan with sun-filled rooms on all three levels. Establish expectations upon arrival on the circular driveway with a captivating center garden. As you walk through the double doors and step into the foyer with marble floors, you will be impressed with the light-drenched great room with soaring ceilings, warm hardwood floors, and a fireplace perfect for those romantic winter nights. Usher, your holiday guests in the gourmet kitchen, outfitted with Viking, Bosch, and Sub-Zero professional appliances, granite countertops, an island with seating, a bright breakfast area, an adjacent sunroom, and a huge, dramatic covered screened-in porch that provide great options for casual get-togethers or special occasions. The terrific first-floor owner's retreat has private access to the beautiful backyard terrace and features a pristine spa-inspired bathroom with a jacuzzi tub, large shower, His and Hers water closets, a super-sized walk-in closet, and a two-sided fireplace. The adjoining room could be used for the much-needed work-from-home office space/yoga/TV room or kids play area. The fabulous 3200 sq ft bright, and sunlit basement boasts a wet bar area with a gorgeous granite surround fireplace, gorgeous tray ceilings, a movie room, game room, dance/exercise room, and an in-law suite with a large walk-in closet and full bathroom, and an additional powder room for guests. This spectacular basement is an entertainer's dream! Just grab a glass of wine or cocktail and step out to the resort-like fenced backyard with a plethora of specimen plantings and mature trees, and features a beautiful free-form inground heated pool and a fabulous lighted private tennis court which could be converted to a pickleball court(s)! The home is gracefully appointed with four sunlit bedrooms on the upper level, two ensuite bathrooms, and one jack and jill bathroom. This house meets today's new lifestyle, providing the right mix of openness, flex space, privacy, convenience, and comfort for every family member! You will not want to miss out on owning this exquisite one-of-a-kind home in the desirable Palatine community!

Last Agent to Sell the Property

Lily Vallario

EXP Realty, LLC License #0225099760 Listed on: 11/12/2021

EXP Realty, LLC

Co-Listed By

Sophia Chedrauy

EXP Realty, LLC

Last Buyer's Agent

Lou Vivas

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,237

Year Built

  • Built in 1995

Lot Details

  • 2 Acre Lot
  • Private Lot
  • Premium Lot
  • Backs to Trees or Woods
  • Front Yard
  • Property is zoned RE2

Parking

  • 3 Car Direct Access Garage
  • 6 Driveway Spaces
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Sitting Room
  • Dining Room
  • Den
  • Game Room
  • Sun or Florida Room
  • Storage Room
  • Utility Room
  • Home Gym
  • Scenic Vista Views
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Microwave
  • Extra Refrigerator or Freezer
  • Freezer
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Front Loading Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Home Security

  • Home Security System
  • Flood Lights

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Deck
  • Screened Patio

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Multi-Tank Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • $21 Other Monthly Fees
  • Built by JOEL SOMMER & WOODVISIONS
  • Palatine Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 160602870632

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,237

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-11-12
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Remarks Public: Located in one of the most prestigious neighborhoods of Potomac, this stunning contemporary home offers an extraordinary floor plan with sun-filled rooms on all three levels. Establish expectations upon arrival on the circular driveway with a captivating center garden. As you walk through the double doors and step into the foyer with marble floors, you will be impressed with the light-drenched great room with soaring ceilings, warm hardwood floors, and a fireplace perfect for those romantic winter nights. Usher, your holiday guests in the gourmet kitchen, outfitted with Viking, Bosch, and Sub-Zero professional appliances, granite countertops, an island with seating, a bright breakfast area, an adjacent sunroom, and a huge, dramatic covered screened-in porch that provide great options for casual get-togethers or special occasions. The terrific first-floor owner's retreat has private access to the beautiful backyard terrace and features a pristine spa-inspired bathroom with a jacuzzi tub, large shower, His and Hers water closets, a super-sized walk-in closet, and a two-sided fireplace. The adjoining room could be used for the much-needed work-from-home office space/yoga/TV room or kids play area. The fabulous 3200 sq ft bright, and sunlit basement boasts a wet bar area with a gorgeous granite surround fireplace, gorgeous tray ceilings, a movie room, game room, dance/exercise room, and an in-law suite with a large walk-in closet and full bathroom, and an additional powder room for guests. This spectacular basement is an entertainer's dream! Just grab a glass of wine or cocktail and step out to the resort-like fenced backyard with a plethora of specimen plantings and mature trees, and features a beautiful free-form inground heated pool and a fabulous lighted private tennis court which could be converted to a pickleball court(s)! The home is gracefully appointed with four sunlit bedrooms on the upper level, two ensuite bathrooms, and one jack and jill bathroom. This house meets today's new lifestyle, providing the right mix of openness, flex space, privacy, convenience, and comfort for every family member! You will not want to miss out on owning this exquisite one-of-a-kind home in the desirable Palatine community!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Oven - Double, Oven - Wall, Oven/Range - Gas, Refrigerator, Extra Refrigerator/Freezer, Six Burner Stove, Washer - Front Loading, Central Vacuum, Water Heater, Energy Star Dishwasher
  • Flooring Type: Carpet, Hardwood, Marble, Ceramic Tile
  • Interior Amenities: Attic, Kitchen - Gourmet, Breakfast Area, Family Room Off Kitchen, Dining Area, Built-Ins, Wood Floors, Window Treatments, Double/Dual Staircase, Crown Moldings, Wet/Dry Bar, Entry Level Bedroom, Primary Bath(s), Upgraded Countertops, Recessed Lighting, Floor Plan - Traditional
  • Fireplace Features: Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Vaulted Ceilings, High, Tray Ceilings
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Dining Room, Primary Bedroom, Sitting Room, Game Room, Family Room, Foyer, Breakfast Room, Study, Sun/Florida Room, Exercise Room, Great Room, Laundry, Mud Room, Storage Room, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Improved, Interior Access, Windows, Fully Finished, Outside Entrance, Rear Entrance, Walkout Level
  • Basement Finished Percent: 100.00
  • Total Sq Ft: 8967
  • Living Area Sq Ft: 7957
  • Price Per Sq Ft: 348.61
  • Above Grade Finished Sq Ft: 5737
  • Below Grade Finished Sq Ft: 2220
  • Below Grade Sq Ft: 1010
  • Total Below Grade Sq Ft: 3230
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12512

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Hot Tub, Flood Lights, Tennis Court(s)
  • Pool Features: In Ground
  • Roof: Shake, Flat
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Asphalt Driveway
  • Garage Features: Garage - Side Entry, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 9
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 6

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned, Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas, 60+ Gallon Tank, Multi-Tank
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 250.00
  • Other Fees Frequency: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 844900.00
  • Land Assessed Value: 665500.00
  • Land Use Code: R
  • Lot Features: Backs To Trees, Front Yard, Premium, Private
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Screened
  • Year Assessed: 2021
  • Zoning: RE2
  • In City Limits: No

Building Info

  • Builder Name: JOEL SOMMER & WOODVISIONS

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13860027
  • Tax Annual Amount: 17237.00
  • Assessor Parcel Number: 160602870632
  • Tax Lot: 15
  • Tax Total Finished Sq Ft: 7512
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/16/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2009
Sold by
Block Bruce J and Block L P
Bought by
Chikkaswamy Ben and Swamy Keerthi
Current Estimated Value
$2,405,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,122,100
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1995
Sold by
Block Bruce J
Bought by
L Bruce J and L Block P

Purchase Details

Closed on
Mar 30, 1994
Sold by
Dumont Oaks Corp
Bought by
Block Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
7.07%
Source: Public Records

Range of Values:

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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
Chikkaswamy Ben $1,750,000 --
L Bruce J -- --
Block Bruce J $252,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chikkaswamy Ben $500,000
Closed Chiekaswamy Ben $625,500
Open Chikkaswamy Ben $1,031,800
Closed Chikkaswamy Ben K $1,122,100
Previous Owner Block Bruce J $488,273
Previous Owner Block Bruce J $364,253
Previous Owner Block Bruce J $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $2,050,000 +2.5% $258 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $2,000,000 -- $251 / 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 $19,282 $1,772,900 -- --
2024 $19,282 $1,612,400 $665,500 $946,900
2023 $18,166 $1,578,400 $0 $0
2022 $16,997 $1,544,400 $0 $0
2021 $16,546 $1,510,400 $665,500 $844,900
2020 $33,033 $1,510,400 $665,500 $844,900
2019 $16,489 $1,510,400 $665,500 $844,900
2018 $18,822 $1,719,600 $665,500 $1,054,100
2017 $19,382 $1,634,333 $0 $0
2016 $18,727 $1,549,067 $0 $0
2015 $18,727 $1,463,800 $0 $0
2014 $18,727 $1,463,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2021694

Bright MLS

APN: 06-02870632