NOT LISTED FOR SALE

8163 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $718,000 - $780,000

3 Beds
4 Baths
1,865 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $505,000 $271 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,560/month

Highlights

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

About This Home

As of April 2022

IDEAL LOCATION !!!!!!! UPDATED TH in heart of POTOMAC, it has updated kitchen with granite counters, hardwood floors throughout main and upper, HUUGE deck and patio, nicely landscaped, excellent for entertaining, updated master bath. large walk out basement with FPL, Located seconds to 495/270, shops, restaurants, malls and more....** Dogs allowed case by case with $30 additional rent and $500 sec dep. ** We have an in-house Maint Dept for QUICK repair response/ 24 hrs emergency. * AGENTS read the Agent Private remarks please !!! APPLY on our website under Avail Rental/Apply Now. ALL ADULTS must fill out an APP, you will be asked to upload a paystub and copy of drivers license in the app, so best to have those ready on desktop before applying.

Last Agent to Rent the Property

Dean Noah

(301) 258-9100 mnoah@noahsproperties.com Noahs' Preferred Properties Mgt Co. License #6412 Listed on: 04/20/2022

Last Renter's Agent

Wayne Lee

(703) 732-7789 wayneismyrealtor@gmail.com Fathom Realty License #0225090130

Fathom Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,073

Year Built

  • Built in 1972

Lot Details

  • 2,018 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Dryer
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,900
  • Tenant pays for fireplace/flue cleaning, frozen waterpipe damage, gutter cleaning, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, exterior maintenance, minor interior maintenance, all utilities
  • Rent includes trash removal
  • No Smoking Allowed
  • 24-Month Min and 48-Month Max Lease Term
  • Available 6/18/22
  • $45 Application Fee
  • Assessor Parcel Number 161000904714

Community Details

Overview

  • Property has a Home Owners Association
  • Inverness Forest Subdivision

Pet Policy

  • Pet Deposit $500
  • $30 Monthly Pet Rent
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,073

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Date Available: 2022-06-18
  • Application Fee: 45.00
  • Lease Term: 24 Months
  • Monthly Pet Rent: 30.00
  • Pet Deposit: 500.00
  • Pets: Dogs Ok
  • Pets Allowed: Yes
  • Rent Includes: Trash Removal
  • Security Deposit: 2900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Fireplace/Flue Cleaning, Frozen Waterpipe Damage, Gutter Cleaning, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Exterior Maintenance, Minor Interior Maintenance, Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 48
  • 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: 1972
  • Automatically Close On Close Date: No
  • Remarks Public: IDEAL LOCATION !!!!!!! UPDATED TH in heart of POTOMAC, it has updated kitchen with granite counters, hardwood floors throughout main and upper, HUUGE deck and patio, nicely landscaped, excellent for entertaining, updated master bath. large walk out basement with FPL, Located seconds to 495/270, shops, restaurants, malls and more....** Dogs allowed case by case with $30 additional rent and $500 sec dep. ** We have an in-house Maint Dept for QUICK repair response/ 24 hrs emergency. * AGENTS read the Agent Private remarks please !!! APPLY on our website under Avail Rental/Apply Now. ALL ADULTS must fill out an APP, you will be asked to upload a paystub and copy of drivers license in the app, so best to have those ready on desktop before applying.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Kitchen - Table Space, Combination Dining/Living, Upgraded Countertops
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 2309
  • Living Area Sq Ft: 1865
  • Price Per Sq Ft: 1.73
  • Above Grade Finished Sq Ft: 1565
  • Below Grade Finished Sq Ft: 300
  • Below Grade Sq Ft: 444
  • Total Below Grade Sq Ft: 744
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8163

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2018.00
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 13984597
  • Assessor Parcel Number: 161000904714
  • Tax Total Finished Sq Ft: 1865
  • Close Date: 04/27/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2012
Closed on
Oct 26, 2012
Sold by
Gilpatrick Diana and Estate Of Albert Stephen Dagge
Bought by
Oliver Kate E and Mote Nathan K
Seller's Agent
Mary DeRose
Samson Properties
Buyer's Agent
Nancy Terry
Long & Foster Real Estate, Inc.
List Price
$512,500
Sold Price
$505,000
Premium/Discount to List
-$7,500
-1.46%
Current Estimated Value
$751,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,139
Avg. Annual Appreciation
3.10%
Original Mortgage
$404,000
Outstanding Balance
$279,568
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$471,571

Purchase Details

Closed on
Sep 3, 2009
Sold by
Babcock Mary L
Bought by
Daggett Albert Stephen

Purchase Details

Closed on
Feb 15, 2005
Sold by
Babcock Mary L and Babcock E J
Bought by
Babcock Mary L Et Al Tr

Purchase Details

Closed on
Aug 3, 1999
Sold by
Jessee Mary L
Bought by
Babcock Mary L and Babcock E J
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
Oliver Kate E $505,000 Sage Title Group Llc
Daggett Albert Stephen $465,000 --
Babcock Mary L Et Al Tr -- --
Babcock Mary L Tr -- --
Babcock Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Kate E $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Rented $2,750 +1.9% --
04/20/2022 04/20/22 For Rent $2,700 +11.1% --
05/21/2018 05/21/18 Rented $2,430 +1.3% --
05/21/2018 05/21/18 Under Contract -- -- --
05/10/2018 05/10/18 For Rent $2,400 +2.1% --
07/29/2017 07/29/17 Rented $2,350 0.0% --
07/29/2017 07/29/17 Under Contract -- -- --
07/23/2017 07/23/17 For Rent $2,350 0.0% --
03/27/2017 03/27/17 Rented $2,350 -2.1% --
03/27/2017 03/27/17 Under Contract -- -- --
11/29/2016 11/29/16 For Rent $2,400 0.0% --
12/23/2015 12/23/15 Rented $2,400 -4.0% --
12/23/2015 12/23/15 Under Contract -- -- --
11/04/2015 11/04/15 For Rent $2,500 0.0% --
10/26/2012 10/26/12 Sold $505,000 -1.5% $219 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
09/09/2012 09/09/12 For Sale $512,500 -- $222 / 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 $7,073 $592,900 $300,000 $292,900
2024 $7,073 $569,567 $0 $0
2023 $6,789 $546,233 $0 $0
2022 $6,225 $522,900 $300,000 $222,900
2021 $5,918 $513,100 $0 $0
2020 $5,918 $503,300 $0 $0
2019 $5,784 $493,500 $300,000 $193,500
2018 $5,566 $475,200 $0 $0
2017 $5,449 $456,900 $0 $0
2016 $4,177 $438,600 $0 $0
2015 $4,177 $434,400 $0 $0
2014 $4,177 $430,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2047556

Bright MLS

APN: 10-00904714