NOT LISTED FOR SALE

Estimated Value: $1,825,000 - $1,953,000

5 Beds
4.5 Baths
5,148 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $1,620,000 $315 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,124/month

16 Days on Market

Highlights

  • Colonial Architecture
  • 3 Fireplaces
  • No HOA
  • Carderock Springs Elementary School Rated A
  • Workshop
  • 2 Car Direct Access Garage

About This Home

As of November 2023

3.65% ASSUMABLE seller's mortgage. Welcome to The Palisades! This magnificent colonial residence boasts unparalleled privacy, nestled on a sprawling 1.15-acre lot. Remarkably unique in the community, this home features a level backyard with soaring ceilings and stands as the latest masterpiece constructed by the builder.

Upon entering, you'll be greeted by an elegant and inviting layout, ideal for hosting gatherings and special occasions. The main level offers a spacious eat-in kitchen, a generous family room, a formal dining room, a butler's pantry, a wet bar, and more.

The upper level houses the expansive primary suite, a second suite, and two additional bedrooms, ensuring ample space for your family's needs.

The lower level, with its walkout access, is thoughtfully finished and includes a generously-sized recreation room complete with a cozy fireplace, a bedroom, a full bathroom, and an expansive storage/utility room.

Conveniently situated just a short drive from Washington DC and downtown Bethesda, and within walking or biking distance of the Carderock trails, this home provides easy access to a plethora of amenities. Whether you're in the mood for shopping, dining, or outdoor adventures, you'll find it all within reach.

Experience the perfect harmony of serenity and convenience in this highly sought-after location, all while enjoying the benefits of Whitman schools. Welcome home to The Palisades!

Last Agent to Sell the Property

Leo Lee

(202) 880-0016 leolee@leoleehome.com TTR Sothebys International Realty License #SP200204255 Listed on: 10/02/2023

TTR Sothebys International Realty

Last Buyer's Agent

Sam Lin

(240) 846-3168 sam@samlin101.com RLAH @properties License #0225221885

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,529

Year Built

  • Built in 1988

Lot Details

  • 1.15 Acre Lot
  • Property is zoned RE2C

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 5,148 Sq Ft Home
  • Property has 3 Levels
  • 3 Fireplaces

Bedrooms and Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Water Proofing System
  • Drain
  • Workshop
  • Basement Windows

Schools

  • Carderock Springs Elementary School
  • Pyle Middle School
  • Walt Whitman High School

Utilities

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

Community Details

  • No Home Owners Association
  • The Palisades Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 161002102268

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,529

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-10-03
  • Year Built: 1988
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Drain, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level, Water Proofing System, Windows, Workshop
  • Total Sq Ft: 5148
  • Living Area Sq Ft: 5148
  • Price Per Sq Ft: 335.08
  • Above Grade Finished Sq Ft: 5148
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9225

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • 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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Additional Storage Area, Built In, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CARDEROCK SPRINGS
  • Middle School: PYLE
  • High School: WALT WHITMAN
  • 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: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: PYLE

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 1.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50188.00
  • Year Assessed: 2023
  • Zoning: RE2C
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13529.00
  • Assessor Parcel Number: 161002102268
  • Tax Lot: 45
  • Tax Total Finished Sq Ft: 4932
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/22/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 22, 2023
Sold by
Sheng Baoliang and Guo Jin
Bought by
Li Yichao and Wang Yujuan
Seller's Agent
Leo Lee
TTR Sothebys International Realty
Buyer's Agent
Sam Lin
RLAH @properties
List Price
$1,725,000
Sold Price
$1,620,000
Premium/Discount to List
-$105,000
-6.09%
Views
117
Current Estimated Value
$1,860,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,900
Avg. Annual Appreciation
7.87%
Original Mortgage
$910,000
Outstanding Balance
$895,097
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$965,803

Purchase Details

Closed on
Mar 28, 2011
Sold by
Bass Timothy C and Bass Ursula C
Bought by
Sheng Baoliang Guo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 4, 2011
Sold by
Bass Timothy C and Bass Ursula C
Bought by
Sheng Baoliang Guo Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.84%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 2006
Sold by
Jacobs David A
Bought by
National Transfer Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 10, 2006
Sold by
Jacobs David A
Bought by
National Transfer Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 6, 2003
Sold by
Renman Nancy J
Bought by
Jacobs David A and Jacobs Sylvia F

Purchase Details

Closed on
Sep 18, 2001
Sold by
Harrison Lloyd and Harrison A J
Bought by
Renman Nancy J
Source: Public Records

Range of Values:

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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
Li Yichao $1,620,000 Fidelity National Title
Sheng Baoliang Guo Jin $1,140,000 --
Sheng Baoliang $1,140,000 --
Sheng Baoliang Guo Jin $1,140,000 --
Sheng Baoliang $1,140,000 --
National Transfer Services Llc $1,430,000 --
Bass Timothy C $1,430,000 --
National Transfer Services Llc $1,430,000 --
Bass Timothy C $1,430,000 --
Jacobs David A $1,255,000 --
Renman Nancy J $961,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yichao $910,000
Previous Owner Sheng Baoliang $694,600
Previous Owner Sheng Baoliang $729,750
Previous Owner Sheng Baoliang $70,000
Previous Owner Sheng Baoliang $729,750
Previous Owner Sheng Baoliang $729,750
Previous Owner Bass Timothy C $236,000
Previous Owner Bass Timothy C $286,000
Previous Owner Bass Timothy C $1,000,000
Previous Owner Bass Timothy C $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $1,620,000 -6.1% $315 / Sq Ft
10/02/2023 10/02/23 For Sale $1,725,000 -- $335 / 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 $15,561 $1,350,000 $539,800 $810,200
2024 $15,561 $1,289,133 $0 $0
2023 $14,131 $1,228,267 $0 $0
2022 $9,409 $1,167,400 $539,800 $627,600
2021 $12,728 $1,164,100 $0 $0
2020 $25,319 $1,160,800 $0 $0
2019 $12,598 $1,157,500 $539,800 $617,700
2018 $12,613 $1,157,500 $539,800 $617,700
2017 $13,313 $1,157,500 $0 $0
2016 $11,865 $1,175,000 $0 $0
2015 $11,865 $1,212,233 $0 $0
2014 $11,865 $1,179,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2108658

Bright MLS

APN: 10-02102268