NOT LISTED FOR SALE

8173 Inverness Ridge Rd Potomac, MD 20854

Estimated Value: $716,000 - $777,000

3 Beds
4 Baths
1,565 Sq Ft
$480/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $510,000 $326 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,619/month

2 Days on Market

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Brick Front
  • Bells Mill Elementary School Rated A
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

Bright and airy feel in newly updated town home. Great location with path to schools. Master bath renovated 2016. Two other spacious bedrooms on upper level. Newly painted interior and wood floors refinished on both levels. Over1800 finished sq ft. On three levels. LL rec room with wood burning fireplace and a walk-out to deck and walking path. Priced to sell.

Last Agent to Sell the Property

Kari Wilner

(301) 908-9111 kwilner@ttrsir.com TTR Sotheby's International Realty License #300546 Listed on: 10/01/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Alex Goumilevski

(240) 401-9142 alexcgri@gmail.com RE/MAX Realty Services

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,104

Year Built

  • Built in 1972

Lot Details

  • 2,348 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Space Conveys
  • 1 Assigned Parking Space

Schools

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

Utilities

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

Community Details

  • Inverness Forest Subdivision

Listing and Financial Details

  • Tax Lot 200
  • Assessor Parcel Number 161000904758

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,104

Year Built

Built in 1972

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1972
  • Remarks Public: Bright and airy feel in newly updated town home. Great location with path to schools. Master bath renovated 2016. Two other spacious bedrooms on upper level. Newly painted interior and wood floors refinished on both levels. Over1800 finished sq ft. On three levels. LL rec room with wood burning fireplace and a walk-out to deck and walking path. Priced to sell.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Combination Dining/Living, Floor Plan - Open, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 8173

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 Front, Combination, 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, Parking Space Conveys

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 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

  • Lot Size Acres: 0.05
  • Lot Size Area: 2348
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2348.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5103.56
  • Assessor Parcel Number: 161000904758
  • Tax Lot: 200
  • Tax Total Finished Sq Ft: 1565
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 11/03/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Oct 24, 2016
Sold by
Annabel Olson Trust
Bought by
Elliott Kristina
Seller's Agent
Kari Wilner
TTR Sotheby's International Realty
Buyer's Agent
Alex Goumilevski
RE/MAX Realty Services
List Price
$500,000
Sold Price
$510,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$751,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,158
Avg. Annual Appreciation
4.41%
Original Mortgage
$408,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1997
Sold by
Norbert K K and Norbert Richter A
Bought by
Richard D Olson Et Al Tr
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
Elliott Kristina $510,000 Michaels Title & Escrfow Llc
Richard D Olson Et Al Tr $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Kristina $408,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $510,000 0.0% $326 / Sq Ft
10/04/2016 10/04/16 Price Changed $510,000 +2.0% $326 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $500,000 0.0% $319 / Sq Ft
07/02/2013 07/02/13 Rented $2,300 0.0% --
07/02/2013 07/02/13 Under Contract -- -- --
06/06/2013 06/06/13 For Rent $2,300 -- --
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 $7,031 $589,000 $300,000 $289,000
2024 $7,031 $565,967 $0 $0
2023 $6,059 $542,933 $0 $0
2022 $5,500 $519,900 $300,000 $219,900
2021 $5,196 $510,233 $0 $0
2020 $5,196 $500,567 $0 $0
2019 $5,756 $490,900 $300,000 $190,900
2018 $5,537 $472,600 $0 $0
2017 $5,420 $454,300 $0 $0
2016 -- $436,000 $0 $0
2015 $4,845 $431,900 $0 $0
2014 $4,845 $427,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002464187

Bright MLS

APN: 10-00904758