NOT LISTED FOR SALE

1397 Stratton Dr Potomac, MD 20854

Estimated Value: $913,000 - $972,000

4 Beds
2.5 Baths
2,696 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $580,000 $215 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,721/month

156 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Upgraded Countertops
  • Ritchie Park Elementary School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of October 2016

Quarter Acre Lot in Potomac Woods! Amazing Backyard w/Huge Slate Patio! Family rm w/ FP & free-standing stove. Kitchen w/beamed ceiling, island, granite counters, cherry wood cabinetry & breakfast area w/lovely bay window. Owner ste w/private bath & WIC. Lower level rec rm. Beautiful rear yard w/patio, mature landscaping & wooden arbor w/swinging bench made for relaxing. See interactive floorplan.

Last Agent to Sell the Property

Eric Stewart

(301) 252-1697 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 05/05/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

John Monen

(301) 801-9992 john.monen@redfin.com Redfin Corp License #651749

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,324

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • Paneling
  • Beamed Ceilings
  • Ceiling Fan
  • Fireplace Mantel
  • Bay Window
  • Sliding Doors
  • Dining Area
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Potomac Woods Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160400190612

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,324

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • 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: 1966
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Oven - Wall, Oven - Double, Refrigerator
  • Interior Amenities: Kitchen - Eat-In, Dining Area, Breakfast Area, Crown Moldings, Wood Floors, Chair Railings, Upgraded Countertops, Primary Bath(s), Floor Plan - Traditional
  • Window Features: Bay/Bow
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Paneled Walls, Beamed Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2788
  • Living Area Sq Ft: 2696
  • Price Per Sq Ft: 257.16
  • Above Grade Finished Sq Ft: 2236
  • Below Grade Finished Sq Ft: 460
  • Below Grade Sq Ft: 92
  • Total Below Grade Sq Ft: 552
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, 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: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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

  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Improvement Assessed Value: 280100.00
  • Land Assessed Value: 316900.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.25
  • Lot Size Area: 10784
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10784.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13818751
  • Tax Annual Amount: 7324.28
  • Assessor Parcel Number: 160400190612
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Oct 28, 2016
Sold by
West Joseph W and West Joan A
Bought by
Scheffer Russell Lawrence and Scheffer Debra Weinstein
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
John Monen
Redfin Corp
List Price
$648,000
Sold Price
$580,000
Premium/Discount to List
-$68,000
-10.49%
Current Estimated Value
$940,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,460
Avg. Annual Appreciation
5.43%
Original Mortgage
$464,000
Outstanding Balance
$372,512
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$567,948
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scheffer Russell Lawrence $580,000 Gpn Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheffer Russell Lawrence $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $580,000 +0.9% $215 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
09/30/2016 09/30/16 Price Changed $575,000 -4.1% $213 / Sq Ft
09/09/2016 09/09/16 Price Changed $599,800 -4.0% $222 / Sq Ft
05/18/2016 05/18/16 Price Changed $624,800 -3.6% $232 / Sq Ft
05/05/2016 05/05/16 For Sale $648,000 -- $240 / 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 $9,529 $695,867 -- --
2024 $9,529 $661,733 $0 $0
2023 $8,299 $627,600 $366,200 $261,400
2022 $7,924 $617,133 $0 $0
2021 $7,617 $606,667 $0 $0
2020 $7,617 $596,200 $348,700 $247,500
2019 $7,630 $596,200 $348,700 $247,500
2018 $7,677 $596,200 $348,700 $247,500
2017 $7,793 $597,000 $0 $0
2016 -- $573,500 $0 $0
2015 $6,291 $550,000 $0 $0
2014 $6,291 $526,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002426523

Bright MLS

APN: 04-00190612