NOT LISTED FOR SALE

1501 Kersey Ln Potomac, MD 20854

Estimated Value: $1,136,000 - $1,201,443

5 Beds
2.5 Baths
2,238 Sq Ft
$526/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $1,110,000 $496 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,388/month

5 Days on Market

Highlights

  • Rambler Architecture
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Ritchie Park Elementary School Rated A
  • No HOA
  • Central Air

About This Home

As of June 2022

Welcome to this gem on 1501 Kersey. Beautifully renovated. New ebony hardwood floors throughout the main level. Open floor plan. Vaulted ceilings with multiple skylights. Chefs dream kitchen. Stainless steel appliances. Family room with fireplace off the kitchen. Quartz kitchen counters. New ceramic tile from floor to ceiling fireplace located in the living room. Sun tunnel skylights throughout the first level. New marble flooring and Bedrosians Chloe tile imported from Spain in the primary bathroom. Walk in closet with a modular Elf system. Bring the outdoors in with sliding glass doors in the primary bedroom. Freshly painted. New egress window in the lower level bedroom. Bonus room. Enjoy the large recreation room with a half kitchen. Wrap around backyard perfect for entertaining. Located minutes away from 270 and Potomac Village.

Last Agent to Sell the Property

Fabiana Zelaya

TTR Sotheby's International Realty Listed on: 05/20/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Kate Herzig

EXP Realty, LLC License #0225208529

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • 4 Driveway Spaces
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Finished Basement

Bedrooms and Bathrooms

Schools

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

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Falls Orchard Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160400168416

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,797

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1969
  • Automatically Close On Close Date: Yes
  • Remarks Public: Welcome to this gem on 1501 Kersey. Beautifully renovated. New ebony hardwood floors throughout the main level. Open floor plan. Vaulted ceilings with multiple skylights. Chefs dream kitchen. Stainless steel appliances. Family room with fireplace off the kitchen. Quartz kitchen counters. New ceramic tile from floor to ceiling fireplace located in the living room. Sun tunnel skylights throughout the first level. New marble flooring and Bedrosians Chloe tile imported from Spain in the primary bathroom. Walk in closet with a modular Elf system. Bring the outdoors in with sliding glass doors in the primary bedroom. Freshly painted. New egress window in the lower level bedroom. Bonus room. Enjoy the large recreation room with a half kitchen. Wrap around backyard perfect for entertaining. Located minutes away from 270 and Potomac Village.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 2
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 4476
  • Living Area Sq Ft: 2238
  • Price Per Sq Ft: 435.21
  • Above Grade Finished Sq Ft: 2238
  • Below Grade Sq Ft: 2238
  • Total Below Grade Sq Ft: 2238
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1501

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 497.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

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

  • Improvement Assessed Value: 363400.00
  • Land Assessed Value: 408500.00
  • Land Use Code: R
  • Lot Size Acres: 0.53
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23043.00
  • Year Assessed: 2022
  • Zoning: RS
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13900711
  • Tax Annual Amount: 9797.00
  • Assessor Parcel Number: 160400168416
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/15/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 17, 2022
Sold by
Louella Clarke Sarah
Bought by
Plante Jean-Frederick and Rovira Silvia Laspalas
Seller's Agent
Fabiana Zelaya
TTR Sotheby's International Realty
Buyer's Agent
Kate Herzig
EXP Realty, LLC
List Price
$974,000
Sold Price
$1,110,000
Premium/Discount to List
$136,000
13.96%
Current Estimated Value
$1,176,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,361
Avg. Annual Appreciation
1.55%
Original Mortgage
$777,000
Outstanding Balance
$741,289
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$424,502

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 5, 2021
Sold by
Redfinnow Borrower Llc
Bought by
Norris Jonathan Fausto and Clarke Sarah Louella
Seller's Agent
Lupe Rohrer
Redfin Corp
Buyer's Agent
Fabiana Zelaya
TTR Sotheby's International Realty
List Price
$954,900
Sold Price
$955,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.96%
Original Mortgage
$764,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2021
Sold by
Chiang Yisheng
Bought by
Redfinnow Borrower Llc

Purchase Details

Listed on
May 25, 2012
Closed on
Aug 30, 2012
Sold by
Rizkalla Naguib E and Rizkalla Mary H
Bought by
Chiang Yisheng
Seller's Agent
Sobhy Soliman
ExecuHome Realty
Buyer's Agent
Vivian Hsieh
United Realty, Inc.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$500,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2002
Sold by
Whalen William M and Whalen A D
Bought by
Rizkalla Naguib E and Rizkalla Mary H
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
Plante Jean-Frederick $1,110,000 Mcintosh Janet J
Norris Jonathan Fausto $955,000 Covenant Title & Escrow Llc
Redfinnow Borrower Llc $871,000 Accommodation
Chiang Yisheng $665,000 Fidelity Natl Title Ins Co
Rizkalla Naguib E $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plante Jean-Frederic $777,000
Previous Owner Norris Jonathan Fausto $764,000
Previous Owner Chiang Yisheng $500,000
Previous Owner Rizkalla Naguib E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $1,110,000 0.0% $496 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/25/2022 05/25/22 Off Market $1,110,000 -- --
05/20/2022 05/20/22 For Sale $974,000 +2.0% $435 / Sq Ft
11/05/2021 11/05/21 Sold $955,000 0.0% $427 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $954,900 +43.6% $427 / Sq Ft
08/30/2012 08/30/12 Sold $665,000 -4.9% $157 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $699,000 -- $165 / 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 $11,739 $883,567 -- --
2024 $11,739 $827,733 $0 $0
2023 $10,212 $771,900 $408,500 $363,400
2022 $9,506 $739,800 $0 $0
2021 $17,284 $707,700 $0 $0
2020 $17,284 $675,600 $389,000 $286,600
2019 $8,526 $665,300 $0 $0
2018 $8,443 $655,000 $0 $0
2017 $8,557 $644,700 $0 $0
2016 -- $644,700 $0 $0
2015 $6,866 $644,700 $0 $0
2014 $6,866 $649,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fabiana Zelaya

    Seller's Agent in 2022

    Fabiana Zelaya

    TTR Sotheby's International Realty

    (240) 463-2815

    3 in this area

    49 Total Sales

    Fabiana Zelaya
    Section Image
  • Kate Herzig

    Buyer's Agent in 2022

    Kate Herzig

    EXP Realty, LLC

    (703) 969-8660

    1 in this area

    167 Total Sales

    Kate Herzig
    Section Image
  • Sobhy Soliman

    Seller's Agent in 2012

    Sobhy Soliman

    ExecuHome Realty

    (410) 963-1061

    13 Total Sales

    Sobhy Soliman
    Section Image

  • V

    Buyer's Agent in 2012

    Vivian Hsieh

    United Realty, Inc.

    (301) 254-7407

    6 in this area

    35 Total Sales

    Vivian Hsieh
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2052450

Bright MLS

APN: 04-00168416

Maryland Montgomery County Potomac 20854

1501 Kersey Ln, Potomac, MD

This home is located at 1501 Kersey Ln, Potomac, MD 20854 since 20 May 2022 and is currently estimated at $1,176,361, approximately $525 per square foot. This property was built in 1969. 1501 Kersey Ln is a home located in Montgomery County with nearby schools including Ritchie Park Elementary School, Julius West Middle School, and Richard Montgomery High School.

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