NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,352,000

7 Beds
7 Baths
5,031 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $800,000 $159 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,218/month

About This Home

As of September 2013

Gorgeous 7 bedroom, 6.5 Bath home with custom hardwood throughout main level. Impressive gourmet kitchen ideal for entertaining boasts large island with custom cabinets, oversized granite island. Main level open concept floor plan includes 10" ceilings, recessed lighting and gas fireplace adjacent to dining room large enough for gracious gatherings. 150/150 Mbps Verizon FiOS included in HOA fees. Walk out onto the low maintenance composite deck with Bar & Grill, steps leading to private patio area. Main level In-Law/Guest Suite offers hardwood floors, full bath and double closets. Oversized two car front load garage. Secondary level has 9' ceilings and conveniently placed laundry room w/ custom cabinets. Primary suite includes tray ceilings, luxurious bathroom presents separate vanities, oversized soaking bath, impressive glass enclosed shower and enormous walk in closet by design. Two generously sized bedrooms share Jack 'n Jill bathroom, forth bedroom includes it's own bath. Third level has one large bedroom with full bath. Fully finished basement includes oversized bedroom with closets, spacious open area rec room, full bath, wet bar w/ sink, dishwasher, custom cabinets and granite countertops. ABOUT the Neighborhood Potomac Shores is only Modern Resort lifestyle community close to Metro DC possessing a sense of hometown soul. Award winning home designs compliment the feel of the Tidewater Area. Community is complimented by a Jack Nicklaus Designed Golf Course, Clubhouse, social and recreation and town center. Miles of hiking, biking and walking trails, water recreation, fitness, sports, parks, playgrounds and private memberships to Jack Nicklaus Golf Club. The Fitness Barn features a modern gym, movement studio, yoga lawn, Kids Club and eight-lane competition pool with amphitheater-style viewing areas. A Social Barn that offers a cozy living room, demonstration kitchen and family pool with its own sundeck, cabanas, kids’ pool and snack bar. Open-air gathering include a covered outdoor patio, community garden, working greenhouse and an expansive 9,400-square-foot event lawn for all kinds of Potomac Shores events. The Shores Club has a private indoor/outdoor playground—reserved for Potomac Shores members and their guests—spans 13,000 square feet of fun. Entertainment easily accessible, restaurants, happy hours, coffee shops and retail shopping.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Cherayil Gerald G and Cherayil Kimberly
Bought by
Kunjal Llc and The 2163 Potomac River Boulevard Trust
Current Estimated Value
$1,193,318

Purchase Details

Closed on
Mar 19, 2021
Sold by
Kunjal Llc
Bought by
Cherayil Gerald G and Cherayil Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2020
Sold by
Cherayil Gerald G and Cherayil Kimberly
Bought by
Kunjal Llc and The 2163 Potomac River Boulevard Trust

Purchase Details

Listed on
Aug 26, 2013
Closed on
Sep 30, 2013
Sold by
Nvr Inc
Bought by
Cherayil Trustee Gerald G and The Cherayil Family Trust
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Samantha Bendigo
Berkshire Hathaway HomeServices PenFed Realty
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$520,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kunjal Llc -- Accommodation
Cherayil Gerald G -- Accommodation
Kunjal Llc -- Accommodation
Cherayil Trustee Gerald G $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherayil Gerald G $474,000
Previous Owner Cherayil Gerald G $515,000
Previous Owner Cherayil Trustee Gerald G $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Rented $4,500 0.0% --
04/05/2023 04/05/23 For Rent $4,500 +18.4% --
03/24/2017 03/24/17 Rented $3,800 -15.6% --
03/24/2017 03/24/17 Under Contract -- -- --
10/11/2016 10/11/16 For Rent $4,500 0.0% --
09/30/2013 09/30/13 Sold $800,000 0.0% --
08/26/2013 08/26/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $800,000 -- --

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
2024 $9,905 $996,000 $344,000 $652,000
2023 $9,727 $934,800 $321,600 $613,200
2022 $11,232 $867,000 $297,800 $569,200
2021 $9,718 $802,400 $275,800 $526,600
2020 $11,465 $739,700 $253,100 $486,600
2019 $11,375 $733,900 $250,900 $483,000
2018 $8,645 $715,900 $258,300 $457,600
2017 $9,318 $763,100 $289,400 $473,700
2016 $10,736 $776,600 $293,800 $482,800
2015 $8,039 $778,200 $293,800 $484,400
2014 $8,039 $649,400 $245,000 $404,400
Source: Public Records

Agents Affiliated with this Home

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