NOT LISTED FOR SALE

8119 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $706,000 - $775,000

4 Beds
3.5 Baths
1,474 Sq Ft
$504/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $520,000 $353 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,519/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Bells Mill Elementary School Rated A
  • 1 Fireplace
  • Upgraded Countertops

About This Home

As of November 2023

Bright & Spacious 4 BD/3FB/1HB in sought-after Inverness Forest TH Subdiv, backs up to wooded area.Open floor plan w/ 3 finished levels, hrdwd floors. Eat-in Kitchen, new SS appls, sep DR, Spacious LR w/ doors to large deck overlooking trees. Owner's Suite w/ add'l 2 BR/1 BA upstairs. Finished walk-out LL w/ Rec Rm, FP. Churchill school cluster, Easy access 270 & 495.Contact LA for showings.

Last Agent to Rent the Property

Ning Zhi

(240) 350-5279 ninghter@yahoo.com Hometown Elite Realty LLC License #650826 Listed on: 08/06/2023

Co-Listed By

Wendy Wu

(240) 238-7412 wind2487@gmail.com Hometown Elite Realty LLC License #0225259391

Last Renter's Agent

Wendy Wu

(240) 238-7412 wind2487@gmail.com Hometown Elite Realty LLC License #0225259391

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,051

Year Built

  • Built in 1971

Lot Details

  • 2,190 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,474 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Dryer

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Cooktop
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Basement

  • Walk-Out Basement
  • Rear Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Assigned Parking Spaces

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,450
  • Tenant pays for insurance, all utilities, exterior maintenance, minor interior maintenance
  • Rent includes hoa/condo fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 8/6/23
  • $40 Application Fee
  • Assessor Parcel Number 161000903685

Community Details

Overview

  • No Home Owners Association
  • Inverness Forest Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,051

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Date Available: 2023-08-06
  • Application Fee: 40.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee
  • Security Deposit: 2450.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Insurance, Utilities - All, Exterior Maintenance, Minor Interior Maintenance
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1971
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Disposal, Dryer
  • Interior Amenities: Breakfast Area, Kitchen - Country, Dining Area, Upgraded Countertops, Primary Bath(s), Wood Floors
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Rear Entrance, Walkout Level
  • Total Sq Ft: 1474
  • Living Area Sq Ft: 1474
  • Price Per Sq Ft: 2.31
  • Above Grade Finished Sq Ft: 1474
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8119

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • 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
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Site
  • Off Site Number Of Spaces: 2

Utilities

  • 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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2190.00
  • Property Attached Yn: Yes
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 161000903685
  • Close Date: 11/06/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Oct 24, 2016
Sold by
Mauro Alem and Mauro Eliana Alem
Bought by
Liu Jinkai
Seller's Agent
Ning Zhi
Hometown Elite Realty LLC
Buyer's Agent
Ning Zhi
Hometown Elite Realty LLC
Sold Price
$2,450
Current Estimated Value
$743,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,152
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
May 24, 2004
Sold by
Silver Ruth
Bought by
Mauro Alem and Mauro Eliana
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
Liu Jinkai $520,000 None Available
Mauro Alem $463,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Rented $3,200 -5.9% --
08/06/2023 08/06/23 For Rent $3,400 0.0% --
10/11/2022 10/11/22 Rented $3,400 0.0% --
07/20/2022 07/20/22 For Rent $3,400 +38.8% --
12/23/2016 12/23/16 Rented $2,450 -2.0% --
12/15/2016 12/15/16 Under Contract -- -- --
11/01/2016 11/01/16 For Rent $2,500 0.0% --
10/24/2016 10/24/16 Sold $520,000 -1.3% $353 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $527,000 -- $358 / 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 $7,051 $590,800 $300,000 $290,800
2024 $7,051 $567,667 $0 $0
2023 $0 $544,533 $0 $0
2022 $6,208 $521,400 $300,000 $221,400
2021 $0 $511,633 $0 $0
2020 $0 $501,867 $0 $0
2019 $5,769 $492,100 $300,000 $192,100
2018 $5,551 $473,800 $0 $0
2017 $4,643 $455,500 $0 $0
2016 -- $437,200 $0 $0
2015 $4,116 $431,567 $0 $0
2014 $4,116 $425,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2102964

Bright MLS

APN: 10-00903685