NOT LISTED FOR SALE

1976 Lancashire Dr Potomac, MD 20854

Estimated Value: $984,000 - $1,012,069

4 Beds
2.5 Baths
2,286 Sq Ft
$436/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $875,000 $383 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,176/month

17 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Attic
  • Ritchie Park Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of August 2023

Welcome Home!! Exceptional stately colonial with beautifully updated baths and kitchen and level backyard. Potomac Wood's finest example of brick and block construction awaits your future enjoyment.

Enter the center hall foyer from the covered columned front porch. To the right is the large and brightly lit living room with hardwood floors and french doors to the rear yard and patio. To the left is the cozy family room with custom cabinets framing the gas log fireplace with raised threshold. To the rear is the very large eat in galley style kitchen with upgraded cabinets and appliances and quartz counter tops. A rear entrance from the kitchen provides immediate access to the back yard. The pantry is greatly expanded for wonderful storage. There is also a laundry room with easy access to the unusual and wonderful outside barbecue area. Upgraded first floor powder room is off the hall and a separate dining room for formal entertaining rounds out the first floor.

Upstairs, there are four generous bedrooms off the hall, each offering ample closet space. The stunning hall bath boasts baked terra-cotta tile with clam shell ornamentation, double sinks with hardwood cabinet base, enlarged tub, and linen closet. The owner's suite is beautifully finished and offers a double closet and a separate deep walk in closet. The owner's bath is also completely renovated with an enlarged high end shower setup, linen closet, and finely tiled surround and sink and vanity setup. An attic rounds out the space upstairs offering additional storage.

The basement level is split. There is a very large storage room with walk up stairs and a Bilco door enclosure, furnace and hot water heater utilities, and a work bench and conveying storage shelves. For fun entertaining, there is also a great big recreation room and ping pong table area( ping pong table conveys), and additional storage closets.

Outside, find a large driveway for multiple car parking, a fenced rear yard, patio, barbecue grilling area, and space for a future garden. Ritchie Park Elementary School is a few blocks away.

Last Agent to Sell the Property

Eric Stewart

Long & Foster Real Estate, Inc. Listed on: 06/30/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jamison Ye

Libra Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,038

Year Built

  • Built in 1970

Lot Details

  • 10,092 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Bump-Outs
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Recessed Lighting
  • Gas Fireplace
  • Basement
  • Connecting Stairway
  • Attic

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Woods Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160400189794

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,038

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-30
  • Federal Flood Zone: No
  • Year Built: 1970
  • Automatically Close On Close Date: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Washer, Water Heater
  • Interior Amenities: Attic, Carpet, Floor Plan - Traditional, Kitchen - Eat-In, Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 3492
  • Living Area Sq Ft: 2286
  • Price Per Sq Ft: 393.70
  • Above Grade Finished Sq Ft: 2286
  • Below Grade Sq Ft: 1206
  • Total Below Grade Sq Ft: 1206
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1976

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
  • Exterior Features: Bump-Outs, Sidewalks
  • 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 - Rear Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

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

Lot Info

  • Land Use Code: R
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10092.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9038.00
  • Assessor Parcel Number: 160400189794
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 2286
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/18/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 15, 2023
Sold by
Bateman Family Trust
Bought by
Lin Bruce Peitao and Wen Cindy
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Jamison Ye
Libra Realty, LLC
List Price
$900,000
Sold Price
$875,000
Premium/Discount to List
-$25,000
-2.78%
Views
177
Current Estimated Value
$995,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,767
Avg. Annual Appreciation
6.41%
Original Mortgage
$280,000
Outstanding Balance
$255,955
Interest Rate
6.24%
Mortgage Type
Construction
Estimated Equity
$739,812

Purchase Details

Closed on
Jun 26, 2018
Sold by
Bateman William H and Bateman Diana S
Bought by
Bateman Wiliam H and Bateman Diana S

Purchase Details

Closed on
Dec 17, 1987
Bought by
Bateman William H and D S
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
Lin Bruce Peitao $875,000 Allied Title & Escrow
Lin Bruce Peitao $875,000 Allied Title & Escrow
Bateman Wiliam H -- None Available
Bateman William H $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Bruce Peitao $280,000
Closed Lin Bruce Peitao $280,000
Previous Owner Bateman William H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $875,000 -2.8% $383 / Sq Ft
06/30/2023 06/30/23 For Sale $900,000 -- $394 / 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 $10,439 $799,133 -- --
2024 $10,439 $730,067 $0 $0
2023 $8,742 $661,000 $363,200 $297,800
2022 $8,346 $649,867 $0 $0
2021 $8,211 $638,733 $0 $0
2020 $8,022 $627,600 $345,800 $281,800
2019 $7,927 $619,100 $0 $0
2018 $7,865 $610,600 $0 $0
2017 $7,835 $602,100 $0 $0
2016 -- $591,000 $0 $0
2015 $6,704 $579,900 $0 $0
2014 $6,704 $568,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2098456

Bright MLS

APN: 04-00189794