NOT LISTED FOR SALE

7921 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $717,000 - $775,000

4 Beds
3.5 Baths
2,232 Sq Ft
$333/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $802,000 $359 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,667/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Bells Mill Elementary School Rated A

About This Home

As of October 2022

Offer deadline Sunday 9/17 at 12 PM Rarely available end unit gem! This 4 bedroom 3.5 bath end unit home has one of the most spectacular backyards you will ever find in a townhome. From the moment you walk into this light-filled home, you’ll notice the pride of ownership throughout. A beautifully renovated eat-in kitchen with white cabinets, quartz, and stainless appliances with tons of counter space. The main level windows make you feel as if floating in the trees with a constant view of nature whether dining in the formal dining room, reading a book, or working from home. Upstairs you’ll find rare 4 bedrooms generously sized and well-appointed updated bathrooms. The large walk-out basement will surprise you as well with a cozy corner fireplace, tons of natural light, and a full bathroom. Ample storage and laundry round off the lower level. Outside you will see more than enough space to entertain, garden, enjoy nature and relax in the privacy of your own backyard oasis. This is an amazing feature virtually no other homes have in the community. With ample shopping and convenience nearby, minutes to major highways and more this is truly one of the best places to call home.

Last Agent to Sell the Property

Sarah Reynolds

(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916 Listed on: 09/14/2022

Keller Williams Realty

Last Buyer's Agent

Sarah Reynolds

(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916 Listed on: 09/14/2022

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,734

Year Built

  • Built in 1970

Lot Details

  • 5,273 Sq Ft Lot

HOA Fees

  • $149 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Gas Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Winston Churchill High School

Utilities

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

Community Details

  • Association fees include snow removal, trash
  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 161000901265

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,734

Year Built

Built in 1970

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-09-14
  • Year Built: 1970
  • Automatically Close On Close Date: No
  • Remarks Public: Offer deadline Sunday 9/17 at 12 PM Rarely available end unit gem! This 4 bedroom 3.5 bath end unit home has one of the most spectacular backyards you will ever find in a townhome. From the moment you walk into this light-filled home, you’ll notice the pride of ownership throughout. A beautifully renovated eat-in kitchen with white cabinets, quartz, and stainless appliances with tons of counter space. The main level windows make you feel as if floating in the trees with a constant view of nature whether dining in the formal dining room, reading a book, or working from home. Upstairs you’ll find rare 4 bedrooms generously sized and well-appointed updated bathrooms. The large walk-out basement will surprise you as well with a cozy corner fireplace, tons of natural light, and a full bathroom. Ample storage and laundry round off the lower level. Outside you will see more than enough space to entertain, garden, enjoy nature and relax in the privacy of your own backyard oasis. This is an amazing feature virtually no other homes have in the community. With ample shopping and convenience nearby, minutes to major highways and more this is truly one of the best places to call home.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level
  • Total Sq Ft: 2460
  • Living Area Sq Ft: 2232
  • Price Per Sq Ft: 336.02
  • Above Grade Finished Sq Ft: 2232
  • Below Grade Sq Ft: 228
  • Total Below Grade Sq Ft: 228
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7921

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
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 446.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 269000.00
  • Land Assessed Value: 300000.00
  • Land Use Code: R
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5273.00
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984255
  • Tax Annual Amount: 6734.00
  • Assessor Parcel Number: 161000901265
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 2232
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 10/28/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2019
Sold by
Estate Of Eleanor Anne Depaola
Bought by
Jiang Jiansen
Current Estimated Value
$742,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$417,891
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$324,671
Source: Public Records

Range of Values:

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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
Jiang Jiansen $545,000 Mta Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Jiansen $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $802,000 +6.9% $359 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $750,000 -- $336 / 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 $7,118 $607,500 $300,000 $307,500
2024 $7,118 $573,500 $0 $0
2023 $6,019 $539,500 $0 $0
2022 $5,341 $505,500 $300,000 $205,500
2021 $9,677 $496,467 $0 $0
2020 $4,223 $487,433 $0 $0
2019 $4,116 $478,400 $300,000 $178,400
2018 $5,084 $460,233 $0 $0
2017 $4,490 $442,067 $0 $0
2016 -- $423,900 $0 $0
2015 $3,994 $418,900 $0 $0
2014 $3,994 $413,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2066206

Bright MLS

APN: 10-00903322