NOT LISTED FOR SALE

8132 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $716,000 - $794,000

4 Beds
3.5 Baths
1,418 Sq Ft
$538/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $501,000 $353 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,915/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Traditional Floor Plan
  • Bells Mill Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2013

Welcome to this exciting all brick, four bedroom, four bath townhome in the Churchill High School district of Potomac. Beautiful wood floors on two levels with updated baths and a warm and inviting family room with fireplace. Great recreation facility with diving pool, wading pool, tennis, basketball and community center. AHS Home Warranty included! Welcome and enjoy

Last Agent to Sell the Property

Tom Greer

EXP Realty, LLC Listed on: 05/18/2013

EXP Realty, LLC

Last Buyer's Agent

eric peek

Peek Properties License #0225077111

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1973

Lot Details

  • 2,351 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard Fenced
  • Board Fence
  • Property is in very good condition

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Screen For Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Parking

  • Parking Space Number Location: 8132
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 165
  • Assessor Parcel Number 161000904394

Community Details

Overview

  • Association fees include common area maintenance, pool(s), snow removal, trash
  • Inverness Forest Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,894

Year Built

Built in 1973

Lot Details

0

HOA Fees

$54 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, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1973
  • Remarks Public: Welcome to this exciting all brick, four bedroom, four bath townhome in the Churchill High School district of Potomac. Beautiful wood floors on two levels with updated baths and a warm and inviting family room with fireplace. Great recreation facility with diving pool, wading pool, tennis, basketball and community center. AHS Home Warranty included! Welcome and enjoy
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven/Range - Electric, Washer
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Equipment, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 8132

Beds/Baths

  • Bedrooms: 4
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Construction Completed: No
  • Roof: Shake
  • 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
  • Parking Space Number Assigned: 8132

Utilities

  • Refuse: 279.76
  • 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: 322.00
  • HOA Fee Frequency: Semi-Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Club House, Common Grounds, Community Center, Picnic Area, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Board, Rear
  • Improvement Assessed Value: 161100.00
  • Land Assessed Value: 250000.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2351
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2351.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13984565
  • Tax Annual Amount: 4894.09
  • Assessor Parcel Number: 161000904394
  • Tax Lot: 165
  • Tax Total Finished Sq Ft: 1418
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012
  • Close Date: 07/25/2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Jul 25, 2013
Sold by
Sares Timothy and Sares Adamantia
Bought by
Paz Gonzalo S and Cabrera Maria E
Seller's Agent
Tom Greer
EXP Realty, LLC
Buyer's Agent
eric peek
Peek Properties
List Price
$499,900
Sold Price
$501,000
Premium/Discount to List
$1,100
0.22%
Current Estimated Value
$762,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,237
Avg. Annual Appreciation
3.47%
Original Mortgage
$417,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
L Kenneth N and L Frumkin R
Bought by
Sares Timothy and Sares A

Purchase Details

Closed on
Jan 26, 1994
Sold by
Brown S E
Bought by
Frumkin Kenneth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.11%
Source: Public Records

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Range of Values:

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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
Paz Gonzalo S $501,000 Fidelity Natl Title Ins Co
Sares Timothy $219,900 --
Frumkin Kenneth N $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paz Gonzalo S $431,250
Closed Paz Gonzalo S $417,000
Previous Owner Sares Timothy $80,000
Previous Owner Sares Timothy $30,000
Previous Owner Tsoumpa Adamantia $390,000
Previous Owner Frumkin Kenneth N $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $501,000 +0.2% $353 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $499,900 -- $353 / 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
2024 $7,383 $596,533 $0 $0
2023 $7,762 $570,667 $0 $0
2022 $5,775 $544,800 $300,000 $244,800
2021 $5,442 $533,867 $0 $0
2020 $5,442 $522,933 $0 $0
2019 $5,296 $512,000 $300,000 $212,000
2018 $5,075 $493,400 $0 $0
2017 $4,959 $474,800 $0 $0
2016 -- $456,200 $0 $0
2015 $4,018 $441,167 $0 $0
2014 $4,018 $426,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003515256

Bright MLS

APN: 10-00904394