NOT LISTED FOR SALE

1391 Kersey Ln Potomac, MD 20854

Potomac Area

Estimated Value: $988,000 - $1,043,000

4 Beds
2.5 Baths
3,550 Sq Ft
$289/Sq Ft Est. Value

Sale Details

Date Sold: March 12, 2021

Last sale price $817,000 $230 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,239 / mo

1 Day on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Wood Flooring
  • Ritchie Park Elementary School Rated A
  • Recreation Room
  • Mud Room

About This Home

As of March 2021

Welcome to 1391 Kersey Lane in Potomac Woods, a fantastic sun-filled split colonial! 4 BD, 2.5 BA. Primary Bedroom suite and updated Primary Bath including large vanity and walk in shower. Additonal 3 Bedrooms and updated Full Bath. Renovated Kitchen with sunny Breakfast Room. Dining Room opens to Living Room with large picture window. Family Room with fireplace, built-ins and beam ceiling opens to large rear patio. Separate entry to Mudroom and/or Office. Lower-Level Recreation Room and Storage Room. Enjoy nice evenings on the front or rear patios with beautiful spring blooms! Conveniently located, Potomac Woods is a friendly neighborhood with a great community park: basketball courts, baseball fields, trees, lawns and walking paths. What a wonderful new place to call home!

Last Agent to Sell the Property

Michael Matese

(301) 304-8444 mike@michaelmatese.com Compass License #0225046541 Listed on: 02/04/2021

Compass

Last Buyer's Agent

James Kim

(202) 903-2200 dhowell@mcenearney.com Corcoran McEnearney License #0225256356

Corcoran McEnearney

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 1966

Lot Details

  • 9,450 Sq Ft Lot
  • Landscaped
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Split Level Home

Interior Spaces

  • Open Floorplan
  • Crown Molding
  • Fireplace Mantel
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

  • Ritchie Park Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Woods Subdivision
  • Property has 5 Levels

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160400189418

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,232

Year Built

Built in 1966

Lot Details

9,450 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2021-02-04
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Breakfast Area, Crown Moldings, Formal/Separate Dining Room, Floor Plan - Open, Kitchen - Table Space, Wood Floors
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 4, Kitchen, Family Room, Mud Room, Office, Recreation Room, Storage Room, Bathroom 3, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3550
  • Living Area Sq Ft: 3550
  • Price Per Sq Ft: 271.55
  • Above Grade Finished Sq Ft: 2854
  • Below Grade Finished Sq Ft: 696
  • Total Below Grade Sq Ft: 696
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Carport

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 275000.00
  • Land Assessed Value: 358500.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.22
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9450.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13818672
  • Tax Annual Amount: 8232.00
  • Assessor Parcel Number: 160400189418
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 11, 2021
Sold by
Bought by
Seller's Agent
Michael Matese
Compass
Buyer's Agent
James Kim
Corcoran McEnearney
List Price
$775,000
Sold Price
$817,000
Premium/Discount to List
$42,000
5.42%
Current Estimated Value
$1,026,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,696
Avg. Annual Appreciation
4.38%
Original Mortgage
$653,600
Interest Rate
0.029%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$817,000 Smart Settlements Llc
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 $653,600
Previous Owner $150,000
Previous Owner $45,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $817,000 +5.4% $230 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $775,000 -- $218 / Sq Ft
Source: Bright MLS

Tax 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.

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 $9,495 $704,500
2024 $9,626 $669,000 $0 $0
2023 $8,377 $633,500 $358,500 $275,000
2022 $7,945 $618,767 $0 $0
2021 $7,762 $604,033 $0 $0
2020 $7,528 $589,300 $341,300 $248,000
2019 $7,541 $589,300 $341,300 $248,000
2018 $7,588 $589,300 $341,300 $248,000
2017 $7,661 $602,000 $0 $0
2016 $6,339 $578,067 $0 $0
2015 $6,339 $554,133 $0 $0
2014 $6,339 $530,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Matese

    Seller's Agent in 2021

    Michael Matese

    Compass

    (301) 806-6829

    144 Total Sales

    Michael Matese
    Section Image
  • James Kim

    Buyer's Agent in 2021

    James Kim

    McEnearney Associates

    (202) 798-1781

    95 Total Sales

    James Kim
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC742998

Bright MLS

APN: 04-00189418

Maryland Montgomery County Potomac 20854

1391 Kersey Ln, Potomac, MD

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