NOT LISTED FOR SALE

7715 Scotland Dr Unit P-5 Potomac, MD 20854

Estimated Value: $486,000 - $601,000

3 Beds
2.5 Baths
1,370 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $425,000 $310 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,357/month

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Property is in excellent condition
  • Bells Mill Elementary School Rated A
  • 90% Forced Air Heating and Cooling System

About This Home

As of December 2020

Large price drop. This is a Fabulous house that was just remodeled. The house is in a highly desired area and will go quickly. The house has 3 bedrooms hardwood flooring and brand new bathrooms throughout. Very open floor plan. It has a completely remodeled kitchen, stainless steel appliances and granite counters, that leads to a great private deck that faces the parkland forest behind the house. The basement features a full bathroom. The house is in great condition move in ready and will not last. Bring your buyer who wants to live in this area. Highly sought after school district.

Last Agent to Sell the Property

Andrew Einsmann

(301) 438-1190 drewster711@yahoo.com Heymann Realty, LLC License #612029 Listed on: 11/13/2020

Heymann Realty, LLC

Last Buyer's Agent

Ashleigh Wehmeyer

(703) 254-9761 ashleigh@ashleighw.com Compass License #SP200203814

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1971

Lot Details

  • 2,145 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • Property has 3 Levels
  • Wood Flooring
  • Partially Finished Basement
  • Exterior Basement Entry
  • Electric Dryer

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Scotland Community Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 161000862128

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,448

Year Built

Built in 1971

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Large price drop. This is a Fabulous house that was just remodeled. The house is in a highly desired area and will go quickly. The house has 3 bedrooms hardwood flooring and brand new bathrooms throughout. Very open floor plan. It has a completely remodeled kitchen, stainless steel appliances and granite counters, that leads to a great private deck that faces the parkland forest behind the house. The basement features a full bathroom. The house is in great condition move in ready and will not last. Bring your buyer who wants to live in this area. Highly sought after school district.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Electric, Stainless Steel Appliances
  • Flooring Type: Hardwood
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished, Poured Concrete
  • Basement Finished Percent: 65.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1370
  • Price Per Sq Ft: 383.84
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 310
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7715

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Roof: Flat
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 213.26
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 300.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 140300.00
  • Land Assessed Value: 150000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2145.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RT12.
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13980557
  • Tax Annual Amount: 3448.00
  • Assessor Parcel Number: 161000862128
  • Tax Lot: 5
  • Tax Total Finished Sq Ft: 1370
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/18/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 17, 2020
Sold by
Einsmann Andrew A
Bought by
Lozada Edith M and Lau Julian X
Seller's Agent
Andrew Einsmann
Heymann Realty, LLC
Buyer's Agent
Ashleigh Wehmeyer
Compass
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Current Estimated Value
$550,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,584
Avg. Annual Appreciation
5.53%
Original Mortgage
$305,000
Outstanding Balance
$221,399
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$329,185

Purchase Details

Closed on
Mar 9, 2011
Sold by
Hsbc Mortgage Services Inc
Bought by
Einsmann Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2011
Sold by
Hsbc Mortgage Services Inc
Bought by
Einsmann Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
4.76%
Mortgage Type
New Conventional
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
Lozada Edith M $425,000 Kvs Title Llc
Einsmann Andrew A $195,000 --
Einsmann Andrew A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozada Edith M $305,000
Previous Owner Einsmann Andrew A $146,250
Previous Owner Einsmann Andrew A $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $425,000 -1.1% $310 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $429,900 -- $314 / 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 $4,815 $409,700 $200,000 $209,700
2024 $4,815 $387,333 $0 $0
2023 $3,848 $364,967 $0 $0
2022 $3,416 $342,600 $200,000 $142,600
2021 $3,867 $325,167 $0 $0
2020 $7,307 $307,733 $0 $0
2019 $6,898 $290,300 $150,000 $140,300
2018 $3,348 $281,367 $0 $0
2017 $3,267 $272,433 $0 $0
2016 $2,988 $263,500 $0 $0
2015 $2,988 $257,567 $0 $0
2014 $2,988 $251,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC734288

Bright MLS

APN: 10-00862128