NOT LISTED FOR SALE

1797 Milboro Dr Potomac, MD 20854

Potomac Area

Estimated Value: $971,000 - $1,091,358

5 Beds
3 Baths
2,728 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2020

Last sale price $750,000 $275 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,594 / mo

About This Home

A beautiful colonial sited on a quiet street in Potomac Woods, this home is one of the larger models in the community with almost 3,000 sqft on the top two levels and over 1,000 sqft in the basement. Gleaming hardwood floors cover most of the main level and the entire 2nd level. Bright and spacious, the main level features a formal living room and dining room, connecting to a renovated, eat-in kitchen with granite counters, upgraded cabinets, breakfast bar, and stainless steel appliances. The kitchen overlooks the family room complete with a cozy, wood burning fireplace and built-ins. A den/guest room is also on the main level, attached to a large bathroom with accessibility features. Perfectly suited for stay/school/work at home, there is a separate, large home office with its own private entrance. Walk out to the lovely backyard, you will find an expanded patio and a serene gardening area, with mature plants and fences providing privacy from the neighboring properties. Upstairs features a sizable master suite with dressing area, multiple closets, and updated master bath. There are three additional large bedrooms with built-in shelving in the closets, a hallway bath with double vanities and linen closets on this level . The unfinished basement has enormous potential and is accessible from the backyard. Further enhancements to this inviting home include fresh paint, a one car garage with plenty of storage, a wide driveway with off-street parking and lush landscaping. Conveniently located near multiple parks, shopping and restaurants, downtown Rockville, Park Potomac, and with easy access to major routes such as 270, 495 and 355 and public transportation, this home perfectly blends relaxed living and convenient urban life.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Jun 25, 2020
Closed on
Sep 21, 2020
Sold by
Nagarajan Pichammal and Rettakudi Nagarajan Pichammal
Bought by
Seller's Agent
Lan Yin
LuxManor Real Estate, Inc
Buyer's Agent
Carlos Garcia
Keller Williams Capital Properties
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,034,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,590
Avg. Annual Appreciation
5.56%
Original Mortgage
$712,500
Outstanding Balance
$617,906
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$416,684

Purchase Details

Closed on
Aug 7, 2015
Sold by
Nagarajan Rettakudi and Nagarajan Pichammal
Bought by
Nagarajan Rettakudi and Nagaraja Pichammal
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$750,000 Kvs Title Llc
Nagarajan Rettakudi -- None Available
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 $712,500
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 Prior Sale
09/21/2020 09/21/20 Sold $750,000 0.0% $275 / Sq Ft View Prior Sale
06/25/2020 06/25/20 For Sale $749,900 -- $275 / Sq Ft

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 $10,956 $814,333
2024 $10,751 $753,467 $0 $0
2023 $9,161 $692,600 $356,500 $336,100
2022 $8,790 $684,300 $0 $0
2021 $8,694 $676,000 $0 $0
2020 $17,080 $667,700 $339,500 $328,200
2019 $8,520 $664,867 $0 $0
2018 $8,535 $662,033 $0 $0
2017 $8,343 $659,200 $0 $0
2016 $6,713 $628,800 $0 $0
2015 $6,713 $598,400 $0 $0
2014 $6,713 $568,000 $0 $0
Source: Public Records

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