NOT LISTED FOR SALE

7964 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $754,239 - $823,000

3 Beds
4 Baths
1,682 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 30, 2013

Last sale price $537,500 $320 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,875/month

Highlights

  • Curved or Spiral Staircase
  • Deck
  • Private Lot
  • Bells Mill Elementary School Rated A
  • Contemporary Architecture
  • Traditional Floor Plan

About This Home

As of December 2013

Spectacular "Azalea" end unit townhouse located on quiet cul-de-sac in the sought after neighborhood of Inverness Village. The home has been well cared for and there are many amenities for a new buyer to appreciate! Property is magnificently landscaped and boasts 2 decks! Beautiful hardwood flooring, fantastic lower level Family Room with gas fireplace! Master bath has deep tub with jets! More!

Last Agent to Sell the Property

Cathy Kelleher

cathy.a.kelleher@gmail.com Long & Foster Real Estate, Inc. Listed on: 09/18/2013

Co-Listed By

Beverly Graham

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

Last Buyer's Agent

Austin Hsu

(240) 606-6666 austin7h@gmail.com United Realty, Inc. License #520968

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1970

Lot Details

  • 3,659 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Back Yard Fenced
  • Landscaped
  • Backs to Trees or Woods

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shake Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Dining Area
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Shelving
  • Basement Windows

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161000901620

Community Details

Overview

  • Association fees include common area maintenance, management, snow removal, trash
  • Inverness Forest Subdivision, Azalea Floorplan
  • The community has rules related to alterations or architectural changes, commercial vehicles not allowed, covenants

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,554

Year Built

Built in 1970

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1970
  • Remarks Public: Spectacular "Azalea" end unit townhouse located on quiet cul-de-sac in the sought after neighborhood of Inverness Village. The home has been well cared for and there are many amenities for a new buyer to appreciate! Property is magnificently landscaped and boasts 2 decks! Beautiful hardwood flooring, fantastic lower level Family Room with gas fireplace! Master bath has deep tub with jets! More!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Curved Staircase, Laundry Chute, Window Treatments, Wood Floors, Whirlpool/Hottub, Floor Plan - Traditional
  • Window Features: Insulated
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Shelving, Heated, Walkout Level, Windows, Daylight, Partial
  • Living Area Units: Square Feet
  • Street Number Modifier: 7964

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, Shake Siding
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • 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

Utilities

  • Refuse: 279.76
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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 Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Snow Removal, Trash
  • HOA Condo Co-Op Rules: Fencing, Covenants, Commercial Vehicles Prohibited, Alterations/Architectural Changes
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Partially, Rear
  • Improvement Assessed Value: 220300.00
  • Land Assessed Value: 250000.00
  • Lot Features: Cul-De-Sac, Backs To Trees, Landscaping, Private
  • Lot Size Acres: 0.08
  • Lot Size Area: 3659
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3659.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2013
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984290
  • Tax Annual Amount: 5554.17
  • Assessor Parcel Number: 161000901620
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 1682
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 12/30/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Dec 30, 2013
Sold by
Parrott Sue Ellen and Sisk Marja Josephine
Bought by
Tsai Tsung Ying and Ouyang Chih Wen
Seller's Agent
Cathy Kelleher
Long & Foster Real Estate, Inc.
Buyer's Agent
Austin Hsu
United Realty, Inc.
List Price
$559,000
Sold Price
$537,500
Premium/Discount to List
-$21,500
-3.85%
Current Estimated Value
$785,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,060
Avg. Annual Appreciation
3.27%
Original Mortgage
$417,000
Outstanding Balance
$313,600
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$471,960

Purchase Details

Closed on
Jan 8, 2008
Sold by
Parrott Sue Ellen
Bought by
Parrott Sue Ellen Tr

Purchase Details

Closed on
Nov 28, 2007
Sold by
Parrott Sue Ellen
Bought by
Parrott Sue Ellen Tr

Purchase Details

Closed on
Aug 8, 2006
Sold by
Lindholm Lori A
Bought by
Cartus Financial Corporation

Purchase Details

Closed on
Jul 28, 2006
Sold by
Lindholm Lori A
Bought by
Cartus Financial Corporation

Purchase Details

Closed on
Nov 12, 2004
Sold by
Wise Adam
Bought by
Lindholm Lori A

Purchase Details

Closed on
May 14, 2001
Sold by
Bonar David L and Bonar L M
Bought by
Wise Adam and Tepas Kathleen M
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
Tsai Tsung Ying $537,500 None Available
Parrott Sue Ellen Tr -- --
Parrott Sue Ellen Tr -- --
Cartus Financial Corporation $586,000 --
Parrott Sue Ellen $586,000 --
Cartus Financial Corporation $586,000 --
Parrott Sue Ellen $586,000 --
Lindholm Lori A $497,000 --
Lindholm Lori A $497,000 --
Wise Adam $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Tsung Ying $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2013 12/30/13 Sold $537,500 -2.1% $320 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/14/2013 11/14/13 Price Changed $549,000 -1.8% $326 / Sq Ft
09/18/2013 09/18/13 For Sale $559,000 -- $332 / 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 $7,981 $674,600 $300,000 $374,600
2024 $7,981 $648,433 $0 $0
2023 $8,357 $622,267 $0 $0
2022 $6,341 $596,100 $300,000 $296,100
2021 $5,819 $576,600 $0 $0
2020 $5,819 $557,100 $0 $0
2019 $5,579 $537,600 $300,000 $237,600
2018 $5,358 $519,033 $0 $0
2017 $5,247 $500,467 $0 $0
2016 $4,652 $481,900 $0 $0
2015 $4,652 $478,033 $0 $0
2014 $4,652 $474,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Cathy Kelleher

    Long & Foster

    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Beverly Graham

    Long & Foster

    (202) 714-8838

    8 in this area

    25 Total Sales

    Beverly Graham
    Section Image
  • Austin Hsu

    Buyer's Agent in 2013

    Austin Hsu

    United Realty, Inc.

    (240) 606-6666

    3 in this area

    21 Total Sales

    Austin Hsu
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003722548

Bright MLS

APN: 10-00901620

Maryland Montgomery County Potomac 20854

7964 Inverness Ridge Rd, Potomac, MD

This home is located at 7964 Inverness Ridge Rd, Potomac, MD 20854 since 18 September 2013 and is currently estimated at $785,560, approximately $467 per square foot. This property was built in 1970. 7964 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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