NOT LISTED FOR SALE

8056 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $756,070 - $831,000

3 Beds
4 Baths
1,682 Sq Ft
$468/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $565,000 $336 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,853/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • 90% Forced Air Heating and Cooling System
  • Bells Mill Elementary School Rated A
  • Eat-In Kitchen

About This Home

As of July 2016

Spacious 3 BR/2FB/2HB end unit town home! Completed refinished hardwood on first and second level. Fabulous light from 3 sides fills this home with natural light. Wonderful master bedroom suite with separate sitting room, Walk out lower level to patio and fully fences yard backing to neighborhood path and woods. This locations trumps everything else! OPEN SAT, 5/21, 1 PM to 5 PM

Last Agent to Sell the Property

Kristen Waksberg

(301) 461-4676 kristenwaksberg@lnf.com Long & Foster Real Estate, Inc. Listed on: 05/18/2016

Long & Foster Real Estate, Inc.

Co-Listed By

Patricia Karta

(301) 943-6310 patkarta@LNF.com Compass License #643744

Last Buyer's Agent

Amy Maury

(301) 832-0864 amy@amymaury.com Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 1971

Lot Details

  • 3,771 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Brick Wall or Ceiling
  • 1 Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Exterior Basement Entry
  • Basement with some natural light

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 138
  • Assessor Parcel Number 161000901174

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,322

Year Built

Built in 1971

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2016-05-20
  • Year Built: 1971
  • Remarks Public: Spacious 3 BR/2FB/2HB end unit town home! Completed refinished hardwood on first and second level. Fabulous light from 3 sides fills this home with natural light. Wonderful master bedroom suite with separate sitting room, Walk out lower level to patio and fully fences yard backing to neighborhood path and woods. This locations trumps everything else! OPEN SAT, 5/21, 1 PM to 5 PM
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: Brick
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Partial, Partially Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 8056

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
  • 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: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 204500.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3771
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3771.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984246
  • Tax Annual Amount: 5321.71
  • Assessor Parcel Number: 161000901174
  • Tax Lot: 138
  • Tax Total Finished Sq Ft: 1682
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 07/08/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2018
Sold by
Son Young S and Cho Jang E
Bought by
Somers Matthew D and Somers Danielle R
Current Estimated Value
$787,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$408,959
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$378,559

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 8, 2016
Sold by
Abramson Lucille Levin
Bought by
Son Young S and Cho Jang E
Seller's Agent
Kristen Waksberg
Long & Foster Real Estate, Inc.
Buyer's Agent
Amy Maury
Compass
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$536,750
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Somers Matthew D $605,000 Rgs Title Llc
Son Young S $565,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somers Matthew D $484,000
Previous Owner Son Young S $536,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $565,000 +2.7% $336 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $549,900 -- $327 / 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 $7,540 $633,300 $300,000 $333,300
2024 $7,540 $610,133 $0 $0
2023 $6,566 $586,967 $0 $0
2022 $5,984 $563,800 $300,000 $263,800
2021 $5,724 $545,700 $0 $0
2020 $5,494 $527,600 $0 $0
2019 $5,269 $509,500 $300,000 $209,500
2018 $5,050 $491,167 $0 $0
2017 $4,842 $472,833 $0 $0
2016 -- $454,500 $0 $0
2015 $4,387 $451,533 $0 $0
2014 $4,387 $448,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002428905

Bright MLS

APN: 10-00901174