NOT LISTED FOR SALE

12705 Lincolnshire Dr Potomac, MD 20854

Estimated Value: $1,205,646 - $1,387,000

4 Beds
4.5 Baths
3,990 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $918,000 $230 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,752/month

27 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Cold Spring Elementary School Rated A
  • Traditional Floor Plan
  • 4-minute walk to Fox Hills West Neighborhood Park

About This Home

As of May 2015

You ll love this stately colonial, situated on a large lot in Potomac. Enter through the grand foyer and find a spacious liv rm w/hardwd flrs& crown molding, din rm w/chair molding, & updated kitchen. The beautiful table-space kitchen has granite counters, island, stainless steel appliances, work station, & breakfast nook w/bay window. The fully-fenced, lvl rear yard perfect 4 entertaining!

Last Agent to Sell the Property

Eric Stewart

Long & Foster Real Estate, Inc. Listed on: 03/06/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Meg Percesepe

Washington Fine Properties, LLC License #589653

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,201

Year Built

  • Built in 1973

Lot Details

  • 10,639 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Property is in very good condition
  • Property is zoned R150

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Fireplace Mantel
  • Bay Window
  • Dining Area
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement Windows

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Potomac Commons Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 160400140652

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,201

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • 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: 1973
  • Remarks Public: You ll love this stately colonial, situated on a large lot in Potomac. Enter through the grand foyer and find a spacious liv rm w/hardwd flrs& crown molding, din rm w/chair molding, & updated kitchen. The beautiful table-space kitchen has granite counters, island, stainless steel appliances, work station, & breakfast nook w/bay window. The fully-fenced, lvl rear yard perfect 4 entertaining!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven - Wall, Refrigerator
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Kitchen - Eat-In, Dining Area, Wood Floors, Chair Railings, Crown Moldings, Upgraded Countertops, Built-Ins, Primary Bath(s), Recessed Lighting, Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Heated, Improved, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3990
  • Living Area Sq Ft: 3990
  • Price Per Sq Ft: 340.75
  • Above Grade Finished Sq Ft: 2758
  • Below Grade Finished Sq Ft: 1232
  • Total Below Grade Sq Ft: 1232
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12705

Beds/Baths

  • Bedrooms: 4
  • 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: 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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, Partially
  • Improvement Assessed Value: 385700.00
  • Land Assessed Value: 313700.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.24
  • Lot Size Area: 10639
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10639.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13900281
  • Tax Annual Amount: 8201.43
  • Assessor Parcel Number: 160400140652
  • Tax Lot: 28
  • Tax Total Finished Sq Ft: 2758
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/29/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 29, 2015
Sold by
Cho Kenneth H and Cho Monica S
Bought by
Li Jun and Russell Sherry L
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Meg Percesepe
Washington Fine Properties, LLC
List Price
$988,000
Sold Price
$918,000
Premium/Discount to List
-$70,000
-7.09%
Current Estimated Value
$1,272,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,162
Avg. Annual Appreciation
3.43%
Original Mortgage
$625,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2003
Sold by
Svec Richard L Tr
Bought by
Cho Kenneth H and Cho Moncia S

Purchase Details

Closed on
May 15, 2002
Sold by
Svec Richard L and Svec L W
Bought by
Svec Richard L Tr
Source: Public Records

Range of Values:

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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
Li Jun $918,000 Fidelity Natl Title Ins Co
Cho Kenneth H $625,000 --
Svec Richard L Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jun $530,000
Closed Li Jun $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $918,000 -2.3% $230 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/19/2015 03/19/15 Price Changed $939,800 -4.9% $236 / Sq Ft
03/06/2015 03/06/15 For Sale $988,000 -- $248 / 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 $10,002 $877,433 -- --
2024 $10,002 $816,067 $0 $0
2023 $8,583 $754,700 $378,500 $376,200
2022 $8,153 $753,067 $0 $0
2021 $8,068 $751,433 $0 $0
2020 $8,017 $749,800 $378,500 $371,300
2019 $7,889 $740,767 $0 $0
2018 $7,778 $731,733 $0 $0
2017 $7,901 $722,700 $0 $0
2016 -- $714,933 $0 $0
2015 $6,910 $707,167 $0 $0
2014 $6,910 $699,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002311159

Bright MLS

APN: 04-00140652