NOT LISTED FOR SALE

8033 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $734,000 - $776,000

3 Beds
4 Baths
2,065 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $735,000 $356 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,670/month

Highlights

  • Colonial Architecture
  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Bells Mill Elementary School Rated A

About This Home

As of May 2024

THE SELLER RECEIVED AND ACCEPTED A GREAT OFFER. Welcome to this charming 3-bedroom, 3-bathroom townhome, located at 8033 Inverness Ridge Road in Potomac, MD. This routinely updated property boasts a comfortable 1865 square feet of living space. As you step inside, you'll be greeted by the hardwood floors throughout the main level and upper level as well. The cozy fireplace provides a lovely focal point in the living area, creating a warm and welcoming ambiance for relaxing evenings. The home's basement offers additional living space that has been transformed into a versatile area to suit your needs. With assigned parking, convenience is at your fingertips, ensuring that you always have a place to park when you return home. Don't miss out on the opportunity to make this lovely property your own.

Last Agent to Sell the Property

James Wu

(301) 674-3030 jameswuteam@compass.com Compass License #0225205230 Listed on: 04/09/2024

Compass

Co-Listed By

Steven Chang

(240) 393-3828 steven.chang@compass.com Compass

Last Buyer's Agent

Catherine Czuba

(202) 549-6819 catherine@czubagroup.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,059

Year Built

  • Built in 1971

Lot Details

  • 3,041 Sq Ft Lot

HOA Fees

  • $79 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement with some natural light

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Bells Mill Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Comsource HOA
  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 161000903550

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,059

Year Built

Built in 1971

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-04-10
  • Year Built: 1971
  • Assigned Parking Space Numbers: 8033
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: THE SELLER RECEIVED AND ACCEPTED A GREAT OFFER. Welcome to this charming 3-bedroom, 3-bathroom townhome, located at 8033 Inverness Ridge Road in Potomac, MD. This routinely updated property boasts a comfortable 1865 square feet of living space. As you step inside, you'll be greeted by the hardwood floors throughout the main level and upper level as well. The cozy fireplace provides a lovely focal point in the living area, creating a warm and welcoming ambiance for relaxing evenings. The home's basement offers additional living space that has been transformed into a versatile area to suit your needs. With assigned parking, convenience is at your fingertips, ensuring that you always have a place to park when you return home. Don't miss out on the opportunity to make this lovely property your own.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Sump Pump, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2309
  • Living Area Sq Ft: 2065
  • Price Per Sq Ft: 446.65
  • Above Grade Finished Sq Ft: 1565
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 244
  • Total Below Grade Sq Ft: 744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8033

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • 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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 473.15
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Name: COMSOURCE
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BELLS MILL
  • Middle School: CABIN JOHN
  • High School: WINSTON CHURCHILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: BELLS MILL
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3041.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7059.00
  • Assessor Parcel Number: 161000903550
  • Tax Lot: 79
  • Tax Total Finished Sq Ft: 2065
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
May 10, 2024
Sold by
Tang Weichun and Shih Yushuan
Bought by
Bogner Gyongyver and Szasz Janos
Seller's Agent
James Wu
Compass
Buyer's Agent
Catherine Czuba
Compass
Sold Price
$735,000
Views
20
Current Estimated Value
$752,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,596
Avg. Annual Appreciation
1.64%
Original Mortgage
$335,000
Outstanding Balance
$330,249
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$422,347

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Hochman Judith A and Novick Judith A
Bought by
Tang Weichun and Shih Yushuan
Seller's Agent
Michele Young
Compass
Buyer's Agent
James Wu
Compass
List Price
$630,000
Sold Price
$635,000
Premium/Discount to List
$5,000
0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$508,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2016
Sold by
Nocck Judit A
Bought by
Hochman Judith A
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
Bogner Gyongyver $735,000 Westcor Land Title
Bogner Gyongyver $735,000 Westcor Land Title
Tang Weichun $635,000 Paradigm Title & Escrow Llc
Hochman Judith A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogner Gyongyver $335,000
Closed Bogner Gyongyver $335,000
Previous Owner Tang Weichun $508,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $735,000 +15.7% $356 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
06/28/2021 06/28/21 Sold $635,000 +0.8% $340 / Sq Ft View Prior Sale
05/27/2021 05/27/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $630,000 -- $338 / 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 $7,360 $619,300 $300,000 $319,300
2024 $7,360 $594,500 $0 $0
2023 $6,367 $569,700 $0 $0
2022 $5,776 $544,900 $300,000 $244,900
2021 $6,230 $528,867 $0 $0
2020 $6,023 $512,833 $0 $0
2019 $5,821 $496,800 $300,000 $196,800
2018 $5,603 $478,533 $0 $0
2017 $5,390 $460,267 $0 $0
2016 -- $442,000 $0 $0
2015 $4,938 $438,800 $0 $0
2014 $4,938 $435,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Wu

    Seller's Agent in 2024

    James Wu

    Compass

    (301) 674-3030

    6 in this area

    75 Total Sales

    James Wu
    Section Image
  • Steven Chang

    Seller Co-Listing Agent in 2024

    Steven Chang

    Compass

    (240) 393-3828

    3 in this area

    35 Total Sales

    Steven Chang
    Section Image
  • Catherine Czuba

    Buyer's Agent in 2024

    Catherine Czuba

    Compass

    (202) 549-6819

    1 in this area

    81 Total Sales

    Catherine Czuba
    Section Image
  • Michele Young

    Seller's Agent in 2021

    Michele Young

    Compass

    (240) 994-2687

    1 in this area

    47 Total Sales

    Michele Young
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2125962

Bright MLS

APN: 10-00903550

Maryland Montgomery County Potomac 20854

8033 Inverness Ridge Rd, Potomac, MD

This home is located at 8033 Inverness Ridge Rd, Potomac, MD 20854 since 09 April 2024 and is currently estimated at $752,596, approximately $364 per square foot. This property was built in 1971. 8033 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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