NOT LISTED FOR SALE

13413 Query Mill Rd North Potomac, MD 20878

Estimated Value: $1,797,000 - $2,551,288

2.02 Acres
$1,110,679 Price per Acre
87,991 Sq Ft Lot

Last Sold June 11, 2021

Last sale price $417,500

Est. 437% increase in value since last sale

Current estimated payment $13,635/month

About This Lot

As of June 2021

Completely finised lot with well installed and septic approved with approved building plat

Last Agent to Sell the Property

Richard Fox

RE/MAX Realty Centre, Inc. Listed on: 06/04/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Richard Fox

RE/MAX Realty Centre, Inc. Listed on: 06/04/2021

RE/MAX Realty Centre, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,750

Lot Details

  • 2.02 Acre Lot
  • Property is zoned RE2

Schools

  • Travilah Elementary School
  • Robert Frost Middle School
  • Thomas S. Wootton High School

Utilities

  • Well
  • Perc Approved Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 160603846570

Property Details

Property Type

Land

Est. Annual Taxes

$20,750

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Vacant
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: Yes
  • Remarks Public: Completely finised lot with well installed and septic approved with approved building plat
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.99
  • Street Number Modifier: 13413

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Perc Approved Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TRAVILAH
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: TRAVILAH
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Additional Parcels: No
  • Land Use Code: 011
  • Lot Size Acres: 2.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87991.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: RE2
  • Farmland Preservation: No
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24556906
  • Assessor Parcel Number: 160603846570
  • Tax Lot: 20
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 06/11/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Joe Tai
Bought by
Tai Joe and Zhu Xiaoxiao
Current Estimated Value
$2,243,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,433,776
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$573,700

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 11, 2021
Sold by
Melanson Eugene Gerard and Melanson Kyung Hwa
Bought by
Tai Joe
Seller's Agent
Richard Fox
RE/MAX Realty Centre, Inc.
Buyer's Agent
Richard Fox
RE/MAX Realty Centre, Inc.
List Price
$299,000
Sold Price
$417,500
Premium/Discount to List
$118,500
39.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.60%

Purchase Details

Listed on
Jan 6, 2020
Closed on
Nov 30, 2020
Sold by
Terrier Glen Road Llc
Bought by
Melanson Eugene Gerard and Melanson Kyung Hwa
Seller's Agent
Victor Kazanjian
Kaz Properties, L.C.
Buyer's Agent
Richard Fox
RE/MAX Realty Centre, Inc.
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$320,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tai Joe $417,500 Blue Ridge Title Company
Melanson Eugene Gerard $400,000 Blue Ridge Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melanson Eugene Gerard $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $417,500 +39.6% --
06/04/2021 06/04/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $299,000 -25.3% --
11/30/2020 11/30/20 Sold $400,000 -5.9% --
10/15/2020 10/15/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $425,000 -- --
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 $20,750 $1,525,200 $534,100 $991,100
2024 $20,750 $1,775,500 $508,700 $1,266,800
2023 $4,365 $378,800 $0 $0
2022 $4,113 $372,700 $0 $0
2021 -- $366,600 $366,600 $0
2020 -- $366,600 $366,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC762524

Bright MLS

APN: 06-03846570