NOT LISTED FOR SALE

7980 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $737,000 - $763,000

3 Beds
3.5 Baths
1,614 Sq Ft
$461/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $585,000 $362 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,596/month

Highlights

  • Colonial Architecture
  • Deck
  • 1 Fireplace
  • Bells Mill Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of January 2021

PRICE IMPROVEMENT!! Great value for this Beautiful remodeled town home in sought after Inverness Forest neighborhood. ## CHECK OUT THE VIDEO TOUR AT Potomac.site ## Newer granite eat-in kitchen with pantry and ceramic tile floor, table space with a large picture window overlooking the front and a convenient pantry. Large living and dining room area with hardwood floors, great view of the backyard and walkout to the charming deck/ backyard. Inviting foyer with a large window and a coat closet. Upper level with hardwood floor, two charming bedrooms overlooking the backyard, spacious master suite with attached bath, powder room and and a walk-in closet. Finished basement with large recreation or family room, a full bath, laundry room and utility/storage room. Conveniently located close to recreational parks, shopping and entertainment centers and with easy access to major commuter routes. Welcome home!

Last Agent to Sell the Property

Nimrod Shmul

(301) 529-8221 nimrod.shmul@realtyprosnb.com Realty Pros Listed on: 10/04/2020

Co-Listed By

Rona Findling

(301) 335-4754 ronafindling@gmail.com Realty Pros

Last Buyer's Agent

Barak Sky

(301) 742-5759 baraksky@gmail.com Serhant License #SP600552

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 1970

Lot Details

  • 2,614

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring
  • Flood Lights

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Shelving

Parking

  • Assigned parking located at #7980
  • On-Street Parking
  • 1 Assigned Parking Space

Utilities

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

Additional Features

  • Deck
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 161000901788

Community Details

Overview

  • Association fees include parking fee, snow removal, common area maintenance
  • Inverness Forest Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,603

Year Built

Built in 1970

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-10-04
  • Year Built: 1970
  • Assigned Parking Space Numbers: 7980
  • Automatically Close On Close Date: No
  • Remarks Public: PRICE IMPROVEMENT!! Great value for this Beautiful remodeled town home in sought after Inverness Forest neighborhood. ## CHECK OUT THE VIDEO TOUR AT Potomac.site ## Newer granite eat-in kitchen with pantry and ceramic tile floor, table space with a large picture window overlooking the front and a convenient pantry. Large living and dining room area with hardwood floors, great view of the backyard and walkout to the charming deck/ backyard. Inviting foyer with a large window and a coat closet. Upper level with hardwood floor, two charming bedrooms overlooking the backyard, spacious master suite with attached bath, powder room and and a walk-in closet. Finished basement with large recreation or family room, a full bath, laundry room and utility/storage room. Conveniently located close to recreational parks, shopping and entertainment centers and with easy access to major commuter routes. Welcome home!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven/Range - Gas
  • Interior Amenities: Combination Dining/Living, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Foyer, Bedroom 1, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Full, Fully Finished, Improved, Shelving
  • Total Sq Ft: 2190
  • Living Area Sq Ft: 1614
  • Price Per Sq Ft: 399.59
  • Above Grade Finished Sq Ft: 1464
  • Below Grade Finished Sq Ft: 150
  • Below Grade Sq Ft: 576
  • Total Below Grade Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7980

Beds/Baths

  • Bedrooms: 3
  • 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
  • Exterior Features: Flood Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

Utilities

  • Refuse: 308.26
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 421.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Parking Fee, Snow Removal, Common Area Maintenance
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 177100.00
  • Land Assessed Value: 300000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984304
  • Tax Annual Amount: 5603.00
  • Assessor Parcel Number: 161000901788
  • Tax Lot: 23
  • Tax Total Finished Sq Ft: 1614
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/13/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2020
Closed on
Jan 13, 2021
Sold by
Sartip Ahmad and Sartip Shahla
Bought by
Mcconnell Brian Patrick and Adofo Eugenia Ama
Seller's Agent
Nimrod Shmul
Realty Pros
Buyer's Agent
Barak Sky
Serhant
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$744,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,060
Avg. Annual Appreciation
5.18%
Original Mortgage
$438,700
Outstanding Balance
$388,304
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$355,756

Purchase Details

Closed on
Aug 30, 1994
Sold by
Blumberg Stephen
Bought by
Sartip Ahmad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
8.65%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mcconnell Brian Patrick $585,000 First American Title Ins Co
Sartip Ahmad R $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcconnell Brian Patrick $438,700
Previous Owner Sartip Ahmad R $117,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $585,000 0.0% $362 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $585,000 0.0% $362 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/19/2020 11/19/20 Price Changed $585,000 -2.2% $362 / Sq Ft
11/02/2020 11/02/20 Price Changed $598,000 -2.8% $371 / Sq Ft
10/04/2020 10/04/20 For Sale $615,000 0.0% $381 / Sq Ft
01/01/2017 01/01/17 Rented $2,495 0.0% --
11/19/2016 11/19/16 Under Contract -- -- --
10/25/2016 10/25/16 For Rent $2,495 +1.8% --
08/24/2015 08/24/15 Rented $2,450 0.0% --
08/21/2015 08/21/15 Under Contract -- -- --
08/14/2015 08/14/15 For Rent $2,450 -- --
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 $608,300 $300,000 $308,300
2024 $7,118 $573,533 $0 $0
2023 $7,395 $538,767 $0 $0
2022 $5,324 $504,000 $300,000 $204,000
2021 $11,714 $495,033 $0 $0
2020 $11,455 $486,067 $0 $0
2019 $5,604 $477,100 $300,000 $177,100
2018 $5,070 $458,933 $0 $0
2017 $5,167 $440,767 $0 $0
2016 $4,670 $422,600 $0 $0
2015 $4,670 $417,533 $0 $0
2014 $4,670 $412,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC726044

Bright MLS

APN: 10-00901788