NOT LISTED FOR SALE

13413 Query Mill Rd North Potomac, MD 20878

Estimated Value: $1,902,000 - $2,009,000

2.02 Acres
$961,457 Price per Acre
87,991 Sq Ft Lot

Sale Details

Date Sold: June 11, 2021

Last sale price $417,500

Est. 386% increase in value since last sale

Current estimated payment $12,724 / mo

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

(301) 591-3920 thefoxteam@thefoxteam.net RE/MAX Realty Centre, Inc. Listed on: 06/04/2021

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Richard Fox

(301) 591-3920 thefoxteam@thefoxteam.net RE/MAX Realty Centre, Inc. Listed on: 06/04/2021

RE/MAX Realty Centre, Inc.

Property Details

Property Type

  • Land

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

Lot Details

2.02 Acres

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
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 4.99

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

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: TRAVILAH
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87991.00
  • Possible Use: Residential
  • 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

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
$2,027,740

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
$1,411,950
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$530,193

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
36.16%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tai Joe -- Lakeside Title
Tai Joe $417,500 Blue Ridge Title Company
Melanson Eugene Gerard $400,000 Blue Ridge Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Tai Joe $1,500,000
Previous Owner Melanson Eugene Gerard $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
10/15/2020 10/15/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $425,000 -- --
Source: Bright MLS

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
2020 -- $366,600 $366,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Fox

    Seller's Agent in 2021

    Richard Fox

    RE/MAX

    (301) 788-4141

    1 in this area

    199 Total Sales

    Richard Fox
    Section Image

  • V

    Seller's Agent in 2020

    Victor Kazanjian

    Kaz Properties, L.C.

    (301) 370-2051

    1 Total Sale

    Victor Kazanjian
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC762524

Bright MLS

APN: 06-03846570

Maryland Montgomery County North Potomac 20878

13413 Query Mill Rd, North Potomac, MD

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