NOT LISTED FOR SALE

7204 Masters Dr Potomac, MD 20854

Estimated Value: $1,414,000 - $1,703,000

4 Beds
3.5 Baths
3,108 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $1,050,000 $338 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,076/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Carderock Springs Elementary School Rated A
  • 2 Fireplaces
  • 2 Car Attached Garage

About This Home

As of January 2021

Wonderful floor plan that needs updating. Hardwood floors main and upper floors, walk-up attic, terrific flat. grass back yard, brick patio, eat-in kitchen. This is perfect opportunity to finish this home with your style and taste. Whitman district.

Last Agent to Sell the Property

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc. Listed on: 11/16/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Gertrude Surut

(301) 717-2566 trudy.surut@gmail.com Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc. Listed on: 11/16/2020

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,216

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • Property has 3 Levels
  • 2 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Connecting Stairway
  • Rough-In Basement Bathroom
  • Basement with some natural light

Schools

  • Carderock Springs Elementary School
  • Pyle Middle School
  • Walt Whitman High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Gosnell
  • River Falls Subdivision, Swathmore Floorplan

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 161000892147

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,216

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1969
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Partial, Rough Bath Plumb, Unfinished
  • Laundry Type: Hookup, Main Floor
  • Total Sq Ft: 3108
  • Living Area Sq Ft: 3108
  • Price Per Sq Ft: 337.84
  • Above Grade Finished Sq Ft: 3108
  • 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: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Roof: Asphalt
  • 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: Additional Storage Area, Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: PYLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 392500.00
  • Land Assessed Value: 505200.00
  • Lot Size Acres: 0.36
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15543.00
  • Zoning: R200
  • In City Limits: No

Building Info

  • Builder Name: Gosnell

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983386
  • Tax Annual Amount: 10216.00
  • Assessor Parcel Number: 161000892147
  • Tax Lot: 72
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jan 27, 2021
Sold by
Black Anne P and Black Robert W
Bought by
White Jeffrey K and Shams White Marissa
Seller's Agent
Ted Duncan
Long & Foster Real Estate, Inc.
Buyer's Agent
Ted Duncan
Long & Foster Real Estate, Inc.
List Price
$1,050,000
Sold Price
$1,050,000
Current Estimated Value
$1,503,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,848
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,013,958
Outstanding Balance
$906,089
Interest Rate
2.65%
Mortgage Type
VA
Estimated Equity
$597,759
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
White Jeffrey K $1,050,000 Rgs Title Of Bethesda
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jeffrey K $1,013,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $1,050,000 0.0% $338 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $1,050,000 -- $338 / 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 $14,555 $1,360,400 $505,200 $855,200
2024 $14,555 $1,225,433 -- --
2023 $11,837 $1,090,467 $0 $0
2022 $10,260 $955,500 $505,200 $450,300
2021 $9,988 $936,233 $0 $0
2020 $9,754 $916,967 $0 $0
2019 $9,524 $897,700 $505,200 $392,500
2018 $9,534 $897,700 $505,200 $392,500
2017 $9,983 $897,700 $0 $0
2016 $9,611 $902,000 $0 $0
2015 $9,611 $902,000 $0 $0
2014 $9,611 $902,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC735428

Bright MLS

APN: 10-00892147