NOT LISTED FOR SALE

2516 Oakenshield Dr Potomac, MD 20854

Estimated Value: $1,114,000 - $1,206,711

4 Beds
3.5 Baths
3,420 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $740,000 $216 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,048/month

2 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Colonial Architecture
  • Ritchie Park Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of December 2019

Spacious, bright & sunny contemporary colonial. First floor Library with New Carpet, Hardwoods in Dining Room and Step down Living Room with new carpet. Family Room with floor to ceiling Brick fireplace opens to deck. Eat -in Kitchen also opens to deck which overlooks pool. Open floor plan with vaulted ceilings. Great opportunity to have a 2 car garage detached home close to Park Potomac shops & restaurants and minutes to 270. Immediate Occupancy available.

Last Agent to Sell the Property

Beth Orloff

(301) 254-4255 bethorloff@aol.com Long & Foster Real Estate, Inc. Listed on: 11/15/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Rachel Miller

(703) 407-8400 rachel.miller@redfin.com Redfin Corporation License #SP40002049

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,245

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Cathedral Ceiling
  • Brick Fireplace
  • Sliding Doors
  • Formal Dining Room
  • Sauna
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on lower level
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Potomac Woods Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160401797262

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,245

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Exhaust Fan, Oven - Single, Refrigerator, Washer/Dryer Hookups Only
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Carpet, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Table Space, Sauna, Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Cathedral Ceilings, Vaulted Ceilings
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Daylight, Full, Partially Finished
  • Laundry Type: Main Floor, Lower Floor, Hookup
  • Total Sq Ft: 4216
  • Living Area Sq Ft: 3420
  • Price Per Sq Ft: 270.22
  • Above Grade Finished Sq Ft: 2720
  • Below Grade Finished Sq Ft: 700
  • Below Grade Sq Ft: 796
  • Total Below Grade Sq Ft: 1496
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Pool Features: In Ground
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 461000.00
  • Land Assessed Value: 280100.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11412.00
  • Outdoor Living Structures: Deck(s)
  • Zoning: R90
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13825250
  • Tax Annual Amount: 10245.00
  • Assessor Parcel Number: 160401797262
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 6, 2019
Sold by
Lewis Anne Catherine Hyland and Lewis Marc S
Bought by
Li Peng
Seller's Agent
Beth Orloff
Long & Foster Real Estate, Inc.
Buyer's Agent
Rachel Miller
Redfin Corporation
List Price
$735,000
Sold Price
$740,000
Premium/Discount to List
$5,000
0.68%
Current Estimated Value
$1,154,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,678
Avg. Annual Appreciation
7.70%
Original Mortgage
$470,000
Outstanding Balance
$415,182
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$739,496

Purchase Details

Closed on
Sep 20, 2006
Sold by
Lewis Marc S
Bought by
Lewis Marc S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 8, 2006
Sold by
Lewis Marc S
Bought by
Lewis Marc S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Li Peng $740,000 Gpn Title Inc
Lewis Marc S -- --
Lewis Marc S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Peng $470,000
Previous Owner Lewis Marc S $300,000
Previous Owner Lewis Marc S $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $740,000 +0.7% $216 / Sq Ft
11/17/2019 11/17/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $735,000 -- $215 / 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 $11,621 $914,200 -- --
2024 $11,621 $818,800 $0 $0
2023 $10,953 $723,400 $308,800 $414,600
2022 $9,294 $723,400 $308,800 $414,600
2021 $9,308 $723,400 $308,800 $414,600
2020 $4,778 $746,400 $294,200 $452,200
2019 $9,553 $744,633 $0 $0
2018 $9,588 $742,867 $0 $0
2017 $9,791 $741,100 $0 $0
2016 $8,388 $736,500 $0 $0
2015 $8,388 $731,900 $0 $0
2014 $8,388 $727,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC687122

Bright MLS

APN: 04-01797262