NOT LISTED FOR SALE

7847 Coddle Harbor Ln Unit 15 Potomac, MD 20854

Estimated Value: $404,356 - $468,000

2 Beds
1 Bath
874 Sq Ft
$192/mo HOA Fee

Last Sold August 13, 2019

Last sale price $310,000 $355 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,803/month

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Traditional Architecture
  • Beverly Farms Elementary School Rated A
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of August 2019

Tremendous investment opportunity for a private condo in Potomac. This property was completely gutted and renovated in 2012 and has all of the bells and whistles: granite counters, stainless appliances, wood flooring throughout, washer/dryer in unit, high efficiency windows, and generous sized bedrooms. It has a fenced patio area facing a wooded area and assigned parking. The property is located 1/4 mile to the Cabin John Village Shopping Center and so you will literally be next door to Giant, CVS, and tons of dining options like Cava, Shake Shack, Starbuck's, and nearly 15 other places to eat, plus you're just 2 miles from Westfiled Montgomery Mall and Cabin John Regional Park. Excellent commuting location is just 15 minutes to both Bethesda and Rockville Town Center and east access to I-270 and 495. Current tenant can turn into longer term rental or purchase for yourself.

Last Agent to Sell the Property

Piero Marinucci

(301) 807-3501 piero@silverspringre.com Silver Spring Real Estate License #596047 Listed on: 04/29/2019

Last Buyer's Agent

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1980 | Remodeled in 2012

Lot Details

  • Southeast Facing Home
  • Property is Fully Fenced
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 874 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Front Loading Dryer
  • Front Loading Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 160402009683

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, water
  • Low-Rise Condominium
  • Inverness Knolls Condominium Association Condos, Phone Number (202) 669-5380
  • Inverness Knolls Community
  • Inverness Knolls Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,228

Year Built

Built in 1980 | Remodeled in 2012

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1980
  • Year Renovated: 2012
  • Remarks Public: Tremendous investment opportunity for a private condo in Potomac. This property was completely gutted and renovated in 2012 and has all of the bells and whistles: granite counters, stainless appliances, wood flooring throughout, washer/dryer in unit, high efficiency windows, and generous sized bedrooms. It has a fenced patio area facing a wooded area and assigned parking. The property is located 1/4 mile to the Cabin John Village Shopping Center and so you will literally be next door to Giant, CVS, and tons of dining options like Cava, Shake Shack, Starbuck's, and nearly 15 other places to eat, plus you're just 2 miles from Westfiled Montgomery Mall and Cabin John Regional Park. Excellent commuting location is just 15 minutes to both Bethesda and Rockville Town Center and east access to I-270 and 495. Current tenant can turn into longer term rental or purchase for yourself.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater
  • Entry Floor: 1
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Dining Area, Flat, Floor Plan - Traditional, Kitchen - Gourmet, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Kitchen, Bedroom 1, Laundry, Full Bath
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry, Washer In Unit
  • Total Sq Ft: 874
  • Living Area Sq Ft: 874
  • Price Per Sq Ft: 377.57
  • Above Grade Finished Sq Ft: 874
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7847

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Veneer, Brick
  • Exterior Features: Extensive Hardscape
  • Spa: No
  • View: Trees/Woods
  • 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
  • Open Parking Spaces Count: 1
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 192.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Inverness Knolls Condominium Association
  • Condo Co-Op Phone: 2026695380
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Fencing: Fully
  • Improvement Assessed Value: 189000.00
  • Land Assessed Value: 81000.00
  • Land Use Code: 011
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R90
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 22800.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13827677
  • Tax Annual Amount: 3228.00
  • Assessor Parcel Number: 160402009683
  • Tax Total Finished Sq Ft: 874
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/13/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 13, 2019
Sold by
Connell Jane M O
Bought by
Chawla Elizabeth M and Chawla Harish B
Seller's Agent
Piero Marinucci
Silver Spring Real Estate
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Current Estimated Value
$430,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,589
Avg. Annual Appreciation
5.45%
Original Mortgage
$232,500
Outstanding Balance
$203,206
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$227,383

Purchase Details

Closed on
Aug 29, 2017
Sold by
Connell Jane M O
Bought by
Connell Jane M O and O Connell Living Trust

Purchase Details

Listed on
Jun 22, 2012
Closed on
Sep 7, 2012
Sold by
Inverness Knolls Tenants Organization In
Bought by
Oconnell Jane
Seller's Agent
Anthony Borgia
RLAH @properties
Buyer's Agent
Dale Mattison
Long & Foster Real Estate, Inc.
List Price
$279,900
Sold Price
$282,000
Premium/Discount to List
$2,100
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$221,000
Interest Rate
3.59%
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
Chawla Elizabeth M $310,000 Core Title Group Llc
Connell Jane M O -- None Available
Oconnell Jane $281,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chawla Elizabeth M $232,500
Previous Owner Oconnell Jane $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2019 08/13/19 Sold $310,000 -6.1% $355 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $330,000 0.0% $378 / Sq Ft
12/12/2017 12/12/17 Rented $1,900 0.0% --
12/07/2017 12/07/17 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $1,900 +2.7% --
01/23/2017 01/23/17 Rented $1,850 0.0% --
01/21/2017 01/21/17 Under Contract -- -- --
01/12/2017 01/12/17 For Rent $1,850 0.0% --
09/07/2012 09/07/12 Sold $282,000 +0.8% $322 / Sq Ft View Prior Sale
07/03/2012 07/03/12 Pending -- -- --
06/22/2012 06/22/12 For Sale $279,900 -- $319 / 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 $4,025 $326,667 -- --
2024 $4,025 $318,333 $0 $0
2023 $3,911 $310,000 $93,000 $217,000
2022 $3,606 $296,667 $0 $0
2021 $3,410 $283,333 $0 $0
2020 $3,241 $270,000 $81,000 $189,000
2019 $3,229 $270,000 $81,000 $189,000
2018 $3,226 $270,000 $81,000 $189,000
2017 $2,653 $270,000 $0 $0
2016 -- $270,000 $0 $0
2015 $2,910 $270,000 $0 $0
2014 $2,910 $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC652898

Bright MLS

APN: 04-02009683