NOT LISTED FOR SALE

7972 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $674,544 - $759,000

3 Beds
3.5 Baths
1,464 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2017

Last sale price $542,500 $371 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,451 / mo

Highlights

  • 1 Fireplace
  • Breakfast Area or Nook
  • Laundry Room
  • Bells Mill Elementary School Rated A
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2017

FSBO. Bright and open! Hardwood floors on main & upper levels, 2010 roof & kitchen counter; Updated baths, New windows! Walkout basement has fireplace + new engineered wood floor, new sliding door.

Last Agent to Sell the Property

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 02/14/2017

Last Buyer's Agent

Weiming Qi

(301) 656-2500 afitzgerald@weichertrealtors.net Weichert, REALTORS License #643385

Weichert, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 1970

Lot Details

  • 2,053 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161000902076

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,182

Year Built

Built in 1970

Lot Details

2,053 Sq Ft Lot

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1970
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Bedroom 1, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Rear Entrance, Fully Finished, Heated, Daylight, Full, Walkout Level
  • Living Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • 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: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 374.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 178400.00
  • Land Assessed Value: 300000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2053
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2053.00
  • Property Attached Yn: Yes
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984332
  • Tax Annual Amount: 5182.17
  • Assessor Parcel Number: 161000902076
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Feb 28, 2017
Sold by
Chen Kang and Yang Yang
Bought by
Chen Jinchun and Shi Fangqun
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Weiming Qi
Weichert, REALTORS
List Price
$543,000
Sold Price
$542,500
Premium/Discount to List
-$500
-0.09%
Current Estimated Value
$713,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,446
Avg. Annual Appreciation
3.23%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Chen Kang
Bought by
Chen Kang and Yang Yang

Purchase Details

Closed on
Sep 1, 2010
Sold by
Lacivita Albert F
Bought by
Chen Kang

Purchase Details

Closed on
Sep 5, 2007
Sold by
Lacivita Albert F and Lacivita A B
Bought by
Lacivita Albert F Rev Tr

Purchase Details

Closed on
Jun 7, 2007
Sold by
Lacivita Albert F and Lacivita A B
Bought by
Lacivita Albert F Rev Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Jinchun $542,500 None Available
Chen Fact Jinchun $542,500 None Available
Chen Kang -- --
Chen Kang $448,000 --
Lacivita Albert F Rev Tr -- --
Lacivita Albert F Rev Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $542,500 -0.1% $371 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $543,000 -- $371 / Sq Ft
Source: Bright MLS

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 $7,248 $609,500 $300,000 $309,500
2024 $7,248 $584,767 $0 $0
2023 $6,256 $560,033 $0 $0
2022 $5,670 $535,300 $300,000 $235,300
2021 $5,160 $516,333 $0 $0
2020 $5,160 $497,367 $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 $3,994 $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

  • Weiming Qi

    Buyer's Agent in 2017

    Weiming Qi

    Weichert Corporate

    (301) 660-6678

    2 in this area

    57 Total Sales

    Weiming Qi
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002490177

Bright MLS

APN: 10-00902076

Maryland Montgomery County Potomac 20854

7972 Inverness Ridge Rd, Potomac, MD

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.