NOT LISTED FOR SALE

1402 Kersey Ln Potomac, MD 20854

Estimated Value: $1,004,000 - $1,052,000

4 Beds
2.5 Baths
2,736 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $860,000 $314 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,348/month

Highlights

  • Deck
  • Traditional Floor Plan
  • No HOA
  • Ritchie Park Elementary School Rated A
  • Corner Lot
  • Breakfast Area or Nook

About This Home

As of June 2021

* * OFFER DEADLINE WED. 5/12 @ 3:00 PM. PLEASE SUBMIT ALL OFFERS BY DEADLINE **This spacious Potomac Woods brick split level is impressively situated on a meticulously landscaped large corner lot. Gorgeous brick walkway leads to the custom front door with stained glass, allowing light to stream into a spacious foyer with flagstone floors and huge coat closets. Gleaming refinished hardwood floors throughout living, dining, and family rooms. Gracious formal living with plantation shutters is perfect for entertaining. Expanded dining room with a sliding glass door offers access to the impressive multi-tier deck. Remodeled eat-in kitchen features custom cabinetry, stainless steel appliances including a new dishwasher, filtered water system, and the most fabulous walk-in pantry with sliding barn door. Off of the kitchen is the sunny family room with a brick fireplace, custom shelving, and access to the backyard zen oasis. Park in the one-garage or carport and easily enter your home. Office with built-in bookshelves is the ideal work from home spot with its own half-bath. Upstairs features three secondary bedrooms and a full bath. Retreat to the primary suite with side and rear windows, walk-in closet, and private bath with spacious shower featuring multi-water jets. Newly-renovated lower-level recreation room is perfect for gaming and crafting. HVAC (Dec '20). Enjoy Potomac Woods Park's baseball field, basketball and tennis courts, gazebo, grills, benches, picnic tables, parking, playground, and restrooms. Convenient location off of Falls Road grants easy access to I-270. Prime location is just minutes to Potomac Village and Park Potomac.

Last Agent to Sell the Property

Emily Cottone

(240) 994-1860 emily.cottone@redfin.com Redfin Corp License #665441 Listed on: 05/07/2021

Redfin Corp

Last Buyer's Agent

Stacey Styslinger

(240) 351-7635 homewithstacey@gmail.com Compass License #595211

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,130

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Corner Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Front Facing Garage

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Paneling
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Brick Fireplace
  • Sliding Doors
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Finished Basement

  • Partial Basement
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry

Outdoor Features

  • Deck

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 14
  • Assessor Parcel Number 160400189817

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,130

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-05-07
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: * * OFFER DEADLINE WED. 5/12 @ 3:00 PM. PLEASE SUBMIT ALL OFFERS BY DEADLINE **This spacious Potomac Woods brick split level is impressively situated on a meticulously landscaped large corner lot. Gorgeous brick walkway leads to the custom front door with stained glass, allowing light to stream into a spacious foyer with flagstone floors and huge coat closets. Gleaming refinished hardwood floors throughout living, dining, and family rooms. Gracious formal living with plantation shutters is perfect for entertaining. Expanded dining room with a sliding glass door offers access to the impressive multi-tier deck. Remodeled eat-in kitchen features custom cabinetry, stainless steel appliances including a new dishwasher, filtered water system, and the most fabulous walk-in pantry with sliding barn door. Off of the kitchen is the sunny family room with a brick fireplace, custom shelving, and access to the backyard zen oasis. Park in the one-garage or carport and easily enter your home. Office with built-in bookshelves is the ideal work from home spot with its own half-bath. Upstairs features three secondary bedrooms and a full bath. Retreat to the primary suite with side and rear windows, walk-in closet, and private bath with spacious shower featuring multi-water jets. Newly-renovated lower-level recreation room is perfect for gaming and crafting. HVAC (Dec '20). Enjoy Potomac Woods Park's baseball field, basketball and tennis courts, gazebo, grills, benches, picnic tables, parking, playground, and restrooms. Convenient location off of Falls Road grants easy access to I-270. Prime location is just minutes to Potomac Village and Park Potomac.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove, Oven - Single, Stainless Steel Appliances
  • Interior Amenities: Breakfast Area, Built-Ins, Chair Railings, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Kitchen - Eat-In, Primary Bath(s)
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Partial, Rear Entrance, Walkout Stairs
  • Total Sq Ft: 2788
  • Living Area Sq Ft: 2736
  • Price Per Sq Ft: 357.78
  • Above Grade Finished Sq Ft: 2236
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 52
  • Total Below Grade Sq Ft: 552
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1402

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Roof: Asphalt, Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Carport Spaces: 1
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Carport Spaces: 1
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Carport, Attached Garage

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
  • 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: RITCHIE PARK
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: RITCHIE PARK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 332000.00
  • Land Assessed Value: 376900.00
  • Land Use Code: 011
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13249.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2021
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13818696
  • Tax Annual Amount: 9130.00
  • Assessor Parcel Number: 160400189817
  • Tax Lot: 14
  • Tax Total Finished Sq Ft: 2736
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/08/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 8, 2021
Sold by
Joannides Jihan Ammar
Bought by
Bookman Adam and Bookman Jaclyn
Seller's Agent
Emily Cottone
Redfin Corp
Buyer's Agent
Stacey Styslinger
Compass
List Price
$800,000
Sold Price
$860,000
Premium/Discount to List
$60,000
7.5%
Current Estimated Value
$1,022,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,906
Avg. Annual Appreciation
4.08%
Original Mortgage
$688,000
Outstanding Balance
$622,898
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$400,008

Purchase Details

Closed on
Jun 18, 2020
Sold by
Joannides George M and Joannides Jihan Ammar
Bought by
Joannides Jihan Ammar

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 10, 2016
Sold by
Mcgowan Margret B and Mcgowan John Paul
Bought by
Joannides Jihan Ammr and Joannides George M
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Omar Sherzai
Long & Foster Real Estate, Inc.
List Price
$680,000
Sold Price
$690,000
Premium/Discount to List
$10,000
1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$552,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
Mcgowan Margaret B and Mcgowan John Paul
Bought by
Mcgowan Margaret B and Mcgowan John Paul

Purchase Details

Closed on
Jun 15, 2009
Sold by
Mcgowan Margaret B Tr
Bought by
Mcgowan Margaret B

Purchase Details

Closed on
Feb 26, 2003
Sold by
Mcgowan John P and Mcgowan B M
Bought by
Mcgowan Margaret B Et Al 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
Bookman Adam $860,000 Accommodation
Joannides Jihan Ammar -- None Available
Joannides Jihan Ammr $690,000 Rgs Title Llc
Mcgowan Margaret B -- None Available
Mcgowan Margaret B -- --
Mcgowan Margaret B Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bookman Adam $688,000
Previous Owner Joannides Jihan Ammr $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $860,000 +7.5% $314 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $800,000 +15.9% $292 / Sq Ft
11/10/2016 11/10/16 Sold $690,000 +1.5% $262 / Sq Ft View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $680,000 -- $258 / 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 $10,831 $810,167 -- --
2024 $10,831 $759,533 $0 $0
2023 $9,377 $708,900 $376,900 $332,000
2022 $8,952 $696,900 $0 $0
2021 $17,762 $684,900 $0 $0
2020 $8,607 $672,900 $359,000 $313,900
2019 $8,439 $658,600 $0 $0
2018 $8,304 $644,300 $0 $0
2017 $8,036 $630,000 $0 $0
2016 -- $605,933 $0 $0
2015 $6,609 $581,867 $0 $0
2014 $6,609 $557,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC754264

Bright MLS

APN: 04-00189817