NOT LISTED FOR SALE

7942 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $675,656 - $775,000

3 Beds
3.5 Baths
1,464 Sq Ft
$497/Sq Ft Est. Value

Last Sold May 09, 2014

Last sale price $515,000 $352 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,472/month

Highlights

  • Deck
  • Contemporary Architecture
  • Backs to Trees or Woods
  • Bells Mill Elementary School Rated A
  • Traditional Floor Plan
  • Wood Flooring

About This Home

As of May 2014

Beautiful Buttercup model on quiet cul-de-sac. Seller has taken excellent care of property and it has just been painted throughout and the carpets professionally cleaned. Pella windows and doors. Special European style kitchen and updated bathrooms.

Last Agent to Sell the Property

Cathy Kelleher

cathy.a.kelleher@gmail.com Long & Foster Real Estate, Inc. Listed on: 02/28/2014

Co-Listed By

Beverly Graham

(202) 714-8838 realtorgraham@aol.com Long & Foster Real Estate, Inc. License #85178

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

  • $4,942

Year Built

  • Built in 1970

Lot Details

  • 2,508 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $57 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Chute
  • Washer and Dryer Hookup

Finished Basement

  • Rear Basement Entry
  • Sump Pump
  • Natural lighting in basement

Parking

  • On-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Inverness Forest Subdivision, Buttercup Floorplan

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 161000901664

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,942

Year Built

Built in 1970

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Remarks Public: Beautiful Buttercup model on quiet cul-de-sac. Seller has taken excellent care of property and it has just been painted throughout and the carpets professionally cleaned. Pella windows and doors. Special European style kitchen and updated bathrooms.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only
  • Interior Amenities: Kitchen - Country, Dining Area, Built-Ins, Laundry Chute, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished, Daylight, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 7942

Beds/Baths

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

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

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 342.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 173900.00
  • Land Assessed Value: 250000.00
  • Lot Features: Cul-De-Sac, Backs To Trees, Landscaping
  • Lot Size Acres: 0.06
  • Lot Size Area: 2508
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2508.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2014
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984367
  • Tax Annual Amount: 4941.76
  • Assessor Parcel Number: 161000901664
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/09/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
May 9, 2014
Sold by
Sekely Lea Isabel and The Lea Isabel Sekely Living T
Bought by
Succar Samir and Kim Young Shin
Seller's Agent
Cathy Kelleher
Long & Foster Real Estate, Inc.
Buyer's Agent
Karen Parnes
Keller Williams Capital Properties
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Current Estimated Value
$727,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,414
Avg. Annual Appreciation
3.06%
Original Mortgage
$360,500
Outstanding Balance
$274,743
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$452,671
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
Succar Samir $515,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Succar Samir $360,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $515,000 -2.8% $352 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $530,000 -- $362 / 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 $6,830 $569,900 $300,000 $269,900
2024 $6,830 $548,433 $0 $0
2023 $5,875 $526,967 $0 $0
2022 $5,341 $505,500 $300,000 $205,500
2021 $5,051 $496,467 $0 $0
2020 $5,051 $487,433 $0 $0
2019 $4,926 $478,400 $300,000 $178,400
2018 $4,709 $460,233 $0 $0
2017 $4,590 $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

  • C

    Seller's Agent in 2014

    Cathy Kelleher

    Long & Foster

    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Beverly Graham

    Long & Foster

    (202) 714-8838

    8 in this area

    25 Total Sales

    Beverly Graham
    Section Image
  • Karen Parnes

    Buyer's Agent in 2014

    Karen Parnes

    Keller Williams Capital Properties

    (301) 792-7003

    1 in this area

    47 Total Sales

    Karen Parnes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002860164

Bright MLS

APN: 10-00901664

Maryland Montgomery County Potomac 20854

7942 Inverness Ridge Rd, Potomac, MD

This home is located at 7942 Inverness Ridge Rd, Potomac, MD 20854 since 28 February 2014 and is currently estimated at $727,414, approximately $496 per square foot. This property was built in 1970. 7942 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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