NOT LISTED FOR SALE

7923 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $698,000 - $774,000

3 Beds
4 Baths
1,418 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $492,000 $347 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,504/month

Highlights

  • Traditional Floor Plan
  • Traditional Architecture
  • Main Floor Bedroom
  • Bells Mill Elementary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2012

Well-maintained townhome in desirable Inverness Forest located close to schools, shopping, main roads, parks and recreation. Enjoy convenience as well as tranquility. This spacious home has it all including an eat-in kitchen, huge private deck, walkout rec room, large fenced yard and a new cedar-shake roof. CHURCHILL HS Cluster! GREAT LOCATION, GREAT CONDITION, GREAT PRICE!

Last Agent to Sell the Property

Elizabeth Borissow

(301) 408-8794 liz.borissow@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 05/30/2012

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Karen Parnes

(301) 792-7003 karen@karenparnes.com Keller Williams Capital Properties License #599417

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,939

Year Built

  • Built in 1970

Lot Details

  • 2,508 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • Parking Space Conveys

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 161000901425

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,939

Year Built

Built in 1970

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Master Bath(s), Window Treatments, Entry Level Bedroom, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Shake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys

Utilities

  • Refuse: 283.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 322.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 168400.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2508
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2508.00
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984270
  • Tax Annual Amount: 4938.77
  • Assessor Parcel Number: 161000901425
  • Tax Lot: 54
  • Tax Page Number: 751
  • Tax Total Finished Sq Ft: 1418
  • Tax Year: 2010
  • Close Date: 08/15/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2012
Closed on
Aug 9, 2012
Sold by
Coleman Roderick M and Marquardt Mary E
Bought by
Rahkovsky Ilya M and Schneider Dina
Seller's Agent
Elizabeth Borissow
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Parnes
Keller Williams Capital Properties
List Price
$489,000
Sold Price
$492,000
Premium/Discount to List
$3,000
0.61%
Current Estimated Value
$728,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,575
Avg. Annual Appreciation
3.02%
Original Mortgage
$393,600
Outstanding Balance
$271,253
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$457,322

Purchase Details

Closed on
Dec 29, 1995
Sold by
A Ahmed G and A Abutaleb O
Bought by
Roderick M Coleman
Source: Public Records

Range of Values:

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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
Rahkovsky Ilya M $492,000 Old Republic
Roderick M Coleman $214,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahkovsky Ilya M $393,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $492,000 +0.6% $347 / Sq Ft
06/06/2012 06/06/12 Pending -- -- --
05/30/2012 05/30/12 For Sale $489,000 -- $345 / 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 $7,046 $590,300 $300,000 $290,300
2024 $7,046 $567,200 $0 $0
2023 $6,072 $544,100 $0 $0
2022 $5,512 $521,000 $300,000 $221,000
2021 $5,123 $507,500 $0 $0
2020 $5,123 $494,000 $0 $0
2019 $4,949 $480,500 $300,000 $180,500
2018 $4,733 $462,400 $0 $0
2017 $4,615 $444,300 $0 $0
2016 -- $426,200 $0 $0
2015 $4,096 $423,600 $0 $0
2014 $4,096 $421,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Borissow

    Seller's Agent in 2012

    Elizabeth Borissow

    Long & Foster

    (301) 408-8794

    11 Total Sales

    Elizabeth Borissow
    Section Image
  • Karen Parnes

    Buyer's Agent in 2012

    Karen Parnes

    Keller Williams Capital Properties

    (301) 792-7003

    1 in this area

    47 Total Sales

    Karen Parnes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004011060

Bright MLS

APN: 10-00901425

Maryland Montgomery County Potomac 20854

7923 Inverness Ridge Rd, Potomac, MD

This home is located at 7923 Inverness Ridge Rd, Potomac, MD 20854 since 30 May 2012 and is currently estimated at $728,575, approximately $513 per square foot. This property was built in 1970. 7923 Inverness Ridge Rd is a home located in Montgomery County with nearby schools including Bells Mill Elementary School, Cabin John Middle School, and Winston Churchill High School.

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