NOT LISTED FOR SALE

7703 Heatherton Ln Potomac, MD 20854

Estimated Value: $793,000 - $835,000

3 Beds
4 Baths
2,210 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $600,000 $271 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,220/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Central Air
  • Beverly Farms Elementary School Rated A
  • Tennis Courts
  • East Facing Home

About This Home

As of June 2019

Bright daylight all brick townhouse with fully finished walkout basement. Located in the Churchill School Cluster and sought after Inverness Knolls Community is ready to move-in with fresh paint throughout. Updated kitchen, baths, windows. Brand new Carrier HVAC. New Pergo floor on all 3 levels and stair (no carpet). It's the only court with homes on 1 side, no traffic, plenty parking and privacy and safety galore, surrounded by trees. Exceptional HOA amenities include a pool membership, tennis and playground areas, walking paths leading to Cabin John Regional Park trails, and close proximity to Cabin John Shopping Center and Mall. Walk and shop at boutiques, Giant or CVS, dine at the many restaurants. Easy access to I-270 & I-495.

Last Agent to Sell the Property

Zhihao Wang

UnionPlus Realty, Inc. License #05224 Listed on: 04/04/2019

Last Buyer's Agent

Kristy Deal

Compass License #674914

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,049

Year Built

  • Built in 1979

Lot Details

  • 2,068 Sq Ft Lot
  • Lot Dimensions are 20 x 92
  • East Facing Home

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Brick Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Central Air
  • Heat Pump System
  • 120/240V
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 146
  • Assessor Parcel Number 160401824071

Community Details

Overview

  • Association fees include management, trash, common area maintenance, pool(s)
  • Inverness Association, Phone Number (301) 540-8600
  • Inverness Knolls Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,049

Year Built

Built in 1979

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-04-05
  • Federal Flood Zone: No
  • Year Built: 1979
  • Remarks Public: Bright daylight all brick townhouse with fully finished walkout basement. Located in the Churchill School Cluster and sought after Inverness Knolls Community is ready to move-in with fresh paint throughout. Updated kitchen, baths, windows. Brand new Carrier HVAC. New Pergo floor on all 3 levels and stair (no carpet). It's the only court with homes on 1 side, no traffic, plenty parking and privacy and safety galore, surrounded by trees. Exceptional HOA amenities include a pool membership, tennis and playground areas, walking paths leading to Cabin John Regional Park trails, and close proximity to Cabin John Shopping Center and Mall. Walk and shop at boutiques, Giant or CVS, dine at the many restaurants. Easy access to I-270 & I-495.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Basement Finished Percent: 70.00
  • Basement Footprint Percent: 100.00
  • Laundry Type: Basement
  • Total Sq Ft: 2210
  • Living Area Sq Ft: 2210
  • Price Per Sq Ft: 402.53
  • Above Grade Finished Sq Ft: 1540
  • Below Grade Finished Sq Ft: 670
  • Total Below Grade Sq Ft: 670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7703

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Tennis Courts, Tot Lots/Playground, Common Grounds, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Management, Trash, Common Area Maintenance, Pool(s)
  • HOA Name: INVERNESS ASSOCIATION
  • HOA Phone: 301-540-8600
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEVERLY FARMS
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 249400.00
  • Land Assessed Value: 264000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Dimensions: 20 x 92
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2068.00
  • Year Assessed: 2019
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13904307
  • Tax Annual Amount: 6049.00
  • Assessor Parcel Number: 160401824071
  • Tax Lot: 146
  • Tax Total Finished Sq Ft: 1890
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 06/21/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 14, 2019
Sold by
Li Teng
Bought by
Joo Jin and Kim Fuiyeong
Seller's Agent
Zhihao Wang
UnionPlus Realty, Inc.
Buyer's Agent
Kristy Deal
Compass
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%
Current Estimated Value
$813,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,244
Avg. Annual Appreciation
5.06%
Original Mortgage
$480,000
Outstanding Balance
$422,912
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$390,332

Purchase Details

Closed on
May 27, 2011
Sold by
Li Teng and Hua Zhuying
Bought by
Li Teng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2008
Sold by
Christie Chris Tr
Bought by
Li Teng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2008
Sold by
Christie Chris Tr
Bought by
Li Teng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2005
Sold by
Christie Chris Et Al Tr
Bought by
Christie Chris Et Al Tr

Purchase Details

Closed on
Aug 2, 2005
Sold by
Christie Chris Et Al Tr
Bought by
Christie Chris Et Al Tr

Purchase Details

Closed on
Jun 6, 2000
Sold by
Christie Chris and Christie M
Bought by
Christie Chris Et Al Tr

Purchase Details

Closed on
Aug 11, 1997
Sold by
Winslow Malinda L
Bought by
Christie Chris and Christie M
Source: Public Records

Range of Values:

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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
Joo Jin $600,000 Tradition Ttl Llc T A Rgs Tt
Li Teng -- Kk Title & Escrow Inc
Li Teng $515,000 --
Li Teng $515,000 --
Christie Chris Et Al Tr -- --
Christie Chris Et Al Tr -- --
Christie Chris Et Al Tr -- --
Christie Chris $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joo Jin $480,000
Previous Owner Li Teng $392,000
Previous Owner Li Teng $408,000
Previous Owner Li Teng $412,000
Previous Owner Li Teng $437,750
Previous Owner Li Teng $437,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $600,000 -3.2% $271 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $619,900 -- $280 / 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 $7,366 $646,767 -- --
2024 $7,366 $608,933 $0 $0
2023 $6,223 $571,100 $277,200 $293,900
2022 $5,796 $558,233 $0 $0
2021 $5,603 $545,367 $0 $0
2020 $5,441 $532,500 $277,200 $255,300
2019 $5,357 $526,133 $0 $0
2018 $5,742 $519,767 $0 $0
2017 $5,291 $513,400 $0 $0
2016 $5,041 $499,633 $0 $0
2015 $5,041 $485,867 $0 $0
2014 $5,041 $472,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zhihao Wang

    Seller's Agent in 2019

    Zhihao Wang

    UnionPlus Realty, Inc.

    (202) 276-6928

    1 in this area

    98 Total Sales

    Section Image
  • Kristy Deal

    Buyer's Agent in 2019

    Kristy Deal

    Compass

    (954) 673-7109

    4 in this area

    89 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC650352

Bright MLS

APN: 04-01824071

Maryland Montgomery County Potomac 20854

7703 Heatherton Ln, Potomac, MD

This home is located at 7703 Heatherton Ln, Potomac, MD 20854 since 04 April 2019 and is currently estimated at $813,244, approximately $367 per square foot. This property was built in 1979. 7703 Heatherton Ln is a home located in Montgomery County with nearby schools including Beverly Farms Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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