NOT LISTED FOR SALE

1407 Kersey Ln Potomac, MD 20854

Estimated Value: $1,013,000 - $1,231,974

4 Beds
5 Baths
2,740 Sq Ft
$412/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,107,500 $404 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,042/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • No HOA
  • Ritchie Park Elementary School Rated A
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of April 2023

Offers due on Wednesday 3/8 at 3:00pm! Welcome to this stunning home! This amazing property boasts 4 bedrooms, 3 full bathrooms, and 2 half baths spread over a spacious 3,000 square feet. The home is currently owned by an interior designer and evidence of quality and style are found throughout. It boasts a great floor plan perfect for entertaining guests. The gourmet kitchen is equipped with top-of-the-line stainless steel appliances, quartz countertops, and a large breakfast bar, wine fridge, and lots of amazing details, making it a chef's dream come true. The kitchen flows seamlessly into the family room, which features a cozy fireplace and large windows that flood the space with natural light. Upstairs, the primary suite is a private oasis with a large walk-in closet, and luxurious ensuite bathroom and large shower. Three additional light filled bedrooms and two bathrooms, complete the upper level. The lower level is finished and features a large recreation room, thoughtful storage and laundry, and a half bathroom, providing plenty of space for relaxation or hosting guests. The outdoor space is just as impressive, with a large stone terrace and a spacious backyard that's perfect for hosting barbecues or outdoor activities. Located in a highly sought-after neighborhood, this property offers convenient access to top-rated schools, shopping, dining, and entertainment options, making it the perfect place to call home.

Last Agent to Sell the Property

Amy Embrey

Keller Williams Capital Properties Listed on: 03/02/2023

Keller Williams Capital Properties

Co-Listed By

Matthew Scarlett

Keller Williams Capital Properties

Last Buyer's Agent

Gal Mesika

Keller Williams Capital Properties License #650409

Keller Williams Capital Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,137

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Dining Area
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Falls Orchard Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 160400167731

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,137

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 2
  • Expected On Market: 3/2/2023 12:00:00 AM
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Offers due on Wednesday 3/8 at 3:00pm! Welcome to this stunning home! This amazing property boasts 4 bedrooms, 3 full bathrooms, and 2 half baths spread over a spacious 3,000 square feet. The home is currently owned by an interior designer and evidence of quality and style are found throughout. It boasts a great floor plan perfect for entertaining guests. The gourmet kitchen is equipped with top-of-the-line stainless steel appliances, quartz countertops, and a large breakfast bar, wine fridge, and lots of amazing details, making it a chef's dream come true. The kitchen flows seamlessly into the family room, which features a cozy fireplace and large windows that flood the space with natural light. Upstairs, the primary suite is a private oasis with a large walk-in closet, and luxurious ensuite bathroom and large shower. Three additional light filled bedrooms and two bathrooms, complete the upper level. The lower level is finished and features a large recreation room, thoughtful storage and laundry, and a half bathroom, providing plenty of space for relaxation or hosting guests. The outdoor space is just as impressive, with a large stone terrace and a spacious backyard that's perfect for hosting barbecues or outdoor activities. Located in a highly sought-after neighborhood, this property offers convenient access to top-rated schools, shopping, dining, and entertainment options, making it the perfect place to call home.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven - Wall, Refrigerator, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Built-Ins, Crown Moldings, Floor Plan - Traditional
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3078
  • Living Area Sq Ft: 2740
  • Price Per Sq Ft: 454.54
  • Above Grade Finished Sq Ft: 2090
  • Below Grade Finished Sq Ft: 650
  • Below Grade Sq Ft: 338
  • Total Below Grade Sq Ft: 988
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1407

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level 2 Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level 2 Full Bathrooms: 3
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 497.07
  • 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

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11827.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9137.00
  • Assessor Parcel Number: 160400167731
  • Tax Lot: 16
  • Tax Total Finished Sq Ft: 2740
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/03/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 31, 2023
Sold by
Jochum Debbie
Bought by
Hughes Alexander Spencer and Manzhukh Hughes Anna
Seller's Agent
Amy Embrey
Keller Williams Capital Properties
Buyer's Agent
Gal Mesika
Keller Williams Capital Properties
List Price
$949,999
Sold Price
$1,107,500
Premium/Discount to List
$157,501
16.58%
Views
51
Current Estimated Value
$1,129,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,994
Avg. Annual Appreciation
1.40%
Original Mortgage
$775,250
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 13, 2015
Sold by
Dorn Elizabeth G and Wright Donald Lewis
Bought by
Jochum Debbie
Seller's Agent
Pamela Appelbaum
Long & Foster Real Estate, Inc.
Buyer's Agent
Pamela Appelbaum
Long & Foster Real Estate, Inc.
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Dorn John M and Dorn G E
Bought by
Dorn Elizabeth G Et Al Tr
Source: Public Records

Range of Values:

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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
Hughes Alexander Spencer $1,107,500 Universal Title
Hughes Alexander Spencer $1,107,500 First American Title
Jochum Debbie $550,000 Sage Title Group Llc
Dorn Elizabeth G Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Alexander Spencer $775,250
Previous Owner Jochum Debbie $339,358
Previous Owner Jochum Debbie $333,700
Previous Owner Jochum Debbie $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $1,107,500 +16.6% $404 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $949,999 +72.7% $347 / Sq Ft
08/13/2015 08/13/15 Sold $550,000 -6.6% $263 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $589,000 -- $282 / 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 $10,658 $833,767 -- --
2024 $10,658 $746,533 $0 $0
2023 $10,103 $659,300 $370,700 $288,600
2022 $8,480 $657,567 $0 $0
2021 $8,433 $655,833 $0 $0
2020 $8,365 $654,100 $353,100 $301,000
2019 $8,214 $641,267 $0 $0
2018 $8,097 $628,433 $0 $0
2017 $8,166 $615,600 $0 $0
2016 -- $615,600 $0 $0
2015 $7,273 $615,600 $0 $0
2014 $7,273 $623,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2083058

Bright MLS

APN: 04-00167731