NOT LISTED FOR SALE

8082 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $723,000 - $779,000

3 Beds
3.5 Baths
1,724 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $570,000 $331 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,625/month

Highlights

  • Deck
  • Recreation Room
  • Backs to Trees or Woods
  • Bells Mill Elementary School Rated A
  • Traditional Architecture
  • Wood Flooring

About This Home

As of May 2020

Charming 3 bedroom, 3.5 bath townhouse in Inverness Village! Enjoy a sunny kitchen with granite counters, recessed lighting and breakfast nook, followed by a formal dining room and formal living room. Step from the living room to a back deck overlooking a gorgeous wooded area. Upstairs, the master suite with dressing area and walk-in closet is just down the hall from two more bedrooms sharing a hall bath. The lower level rec room features a wood burning fireplace and steps out to a private back yard. An open office nook, laundry room and full bath complete the lower level. Inverness Village amenities include tot lots, trails, and an optional community pool membership. Just moments to I-495, Cabin John Creek Park and Montgomery Mall shops, dining and entertainment!

Last Agent to Sell the Property

Andy Biggers

(202) 431-2515 andy@thegaskinsteam.com KW United License #0225088394 Listed on: 02/06/2020

KW United

Last Buyer's Agent

David Wagner

(301) 221-7342 david@wagnerhomegroup.com RE/MAX Realty Centre, Inc. License #SP200202808

RE/MAX Realty Centre, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1971

Lot Details

  • 2,184 Sq Ft Lot
  • Backs to Trees or Woods
  • Property is in very good condition

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Recessed Lighting
  • 1 Fireplace
  • Screen For Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile or Brick
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Laundry in Basement

Parking

  • Off-Street Parking
  • 1 Assigned Parking Space

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 161000904064

Community Details

Overview

  • Association fees include snow removal, trash, common area maintenance
  • Inverness Forest HOA, Phone Number (301) 924-7355
  • Inverness Forest Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,690

Year Built

Built in 1971

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1971
  • Remarks Public: Charming 3 bedroom, 3.5 bath townhouse in Inverness Village! Enjoy a sunny kitchen with granite counters, recessed lighting and breakfast nook, followed by a formal dining room and formal living room. Step from the living room to a back deck overlooking a gorgeous wooded area. Upstairs, the master suite with dressing area and walk-in closet is just down the hall from two more bedrooms sharing a hall bath. The lower level rec room features a wood burning fireplace and steps out to a private back yard. An open office nook, laundry room and full bath complete the lower level. Inverness Village amenities include tot lots, trails, and an optional community pool membership. Just moments to I-495, Cabin John Creek Park and Montgomery Mall shops, dining and entertainment!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile/Brick, Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: Carpet, Chair Railings, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry, Recreation Room, Workshop, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Rear Entrance, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 2200
  • Living Area Sq Ft: 1724
  • Price Per Sq Ft: 390.09
  • Above Grade Finished Sq Ft: 1474
  • Below Grade Finished Sq Ft: 250
  • Below Grade Sq Ft: 476
  • Total Below Grade Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8082

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
  • 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: Off 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, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash, Common Area Maintenance
  • HOA Name: INVERNESS FOREST
  • HOA Phone: 3019247355
  • HOA: Yes
  • Senior Community: No

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 239500.00
  • Land Assessed Value: 300000.00
  • Land Use Code: 011
  • Lot Features: Backs To Trees
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2184.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2020
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13984533
  • Tax Annual Amount: 5690.00
  • Assessor Parcel Number: 161000904064
  • Tax Lot: 128
  • Tax Total Finished Sq Ft: 1724
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2020
  • Close Date: 05/06/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
May 4, 2020
Sold by
Mardon Russell E
Bought by
Lewis Eastman and Sullivan Elyse M
Seller's Agent
Andy Biggers
KW United
Buyer's Agent
David Wagner
RE/MAX Realty Centre, Inc.
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Current Estimated Value
$746,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,779
Avg. Annual Appreciation
5.07%
Original Mortgage
$510,400
Outstanding Balance
$453,971
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$292,808

Purchase Details

Listed on
Jul 13, 2018
Closed on
Nov 1, 2018
Sold by
Mohammadi Shohreh
Bought by
Mardon Russell E
Seller's Agent
Karen Matzkin
Long & Foster Real Estate, Inc.
Buyer's Agent
Dorte Engel
RE/MAX Leading Edge
List Price
$589,900
Sold Price
$570,000
Premium/Discount to List
-$19,900
-3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$456,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2001
Sold by
Liu Nancy F and Liu G
Bought by
Mohammadi Shohreh
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
Lewis Eastman $570,000 Kvs Title Llc
Mardon Russell E $570,000 Rgs Title Llc
Mohammadi Shohreh $222,222 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Eastman $510,400
Previous Owner Mardon Russell E $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2020 05/06/20 Sold $570,000 -0.9% $331 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
02/21/2020 02/21/20 Price Changed $575,000 -1.7% $334 / Sq Ft
02/06/2020 02/06/20 For Sale $585,000 +2.6% $339 / Sq Ft
11/01/2018 11/01/18 Sold $570,000 0.0% $387 / Sq Ft View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
09/18/2018 09/18/18 Price Changed $569,900 -1.7% $387 / Sq Ft
08/03/2018 08/03/18 Price Changed $579,900 -1.7% $393 / Sq Ft
07/13/2018 07/13/18 For Sale $589,900 0.0% $400 / Sq Ft
06/28/2015 06/28/15 Rented $2,250 -8.2% --
06/01/2015 06/01/15 Under Contract -- -- --
08/01/2014 08/01/14 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 $7,290 $612,900 $300,000 $312,900
2024 $7,290 $588,433 $0 $0
2023 $6,301 $563,967 $0 $0
2022 $5,716 $539,500 $300,000 $239,500
2021 $5,455 $521,333 $0 $0
2020 $5,224 $503,167 $0 $0
2019 $4,999 $485,000 $300,000 $185,000
2018 $5,473 $466,767 $0 $0
2017 $5,256 $448,533 $0 $0
2016 -- $430,300 $0 $0
2015 $4,739 $424,800 $0 $0
2014 $4,739 $419,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC694132

Bright MLS

APN: 10-00904064