NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,068,000

4 Beds
2.5 Baths
5,880 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2014

Last sale price $630,000 $107 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,816 / mo

15 Days on Market

Highlights

  • 2 Dock Slips
  • Water Access
  • Contemporary Architecture
  • Home fronts navigable water
  • River View
  • Stream or River on Lot

About This Home

As of October 2014

Spectacular custom property with dramatic nautical themed design and contemporary floorplan. Set above and with commanding view of the Potomac- Not like any other- Property was neglected and is sold AS-IS. Property may not finance. Use caution entering- at own risk- and navigating the floors and steps to dock. Water frontage,mean low water, and all matters regarding the river are estimated

Last Agent to Sell the Property

Joe Sugden

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier Listed on: 07/31/2014

Fairfax Realty Premier

Co-Listed By

Ralph Nichols

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #508278

Fairfax Realty Premier

Last Buyer's Agent

Ralph Nichols

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #508278

Fairfax Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,021

Year Built

  • Built in 1984

Lot Details

  • 25,042 Sq Ft Lot
  • Home fronts navigable water
  • Northwest Facing Home
  • Property is in below average condition
  • Property is zoned RR

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Stucco

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • River Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Parking

  • Driveway
  • Surface Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • River Nearby
  • Rip-Rap
  • Manual Hoist or Boat Lift
  • 2 Dock Slips
  • Physical Dock Slip Conveys
  • Stream or River on Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 17050345744
  • $264 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,021

Year Built

Built in 1984

Lot Details

0.57 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Dining/Living
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Stucco
  • Dock Type: Multiple Slip
  • Construction Completed: No
  • View: Water, River
  • Water Access: Yes
  • Water Body Name: POTOMAC
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Paved Driveway, Surface
  • Type Of Parking: Driveway

Utilities

  • Refuse: 356.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Improvement Assessed Value: 251900.00
  • Land Assessed Value: 402100.00
  • Lot Features: Rip-Rapped
  • Lot Size Acres: 0.57
  • Lot Size Area: 25042
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 25042.00
  • Property Condition: Below Average, Major Rehab Needed
  • Zoning: RR

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14702992
  • Tax Annual Amount: 10020.54
  • Assessor Parcel Number: 17050345744
  • Tax Lot: 8
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Dock Slip Conveyance: Assigned
  • Front Foot Fee: 264.00
  • Waterfront Features: Rip-Rap, Private Dock Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Oct 17, 2014
Sold by
The Bank Of New York Mellon
Bought by
Schwartz Peter
Seller's Agent
Joe Sugden
Fairfax Realty Premier
Buyer's Agent
Ralph Nichols
Fairfax Realty Premier
List Price
$632,500
Sold Price
$630,000
Premium/Discount to List
-$2,500
-0.4%
Current Estimated Value
$967,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,941
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jun 8, 2006
Sold by
Banks Ernie R and Banks Risha K Will
Bought by
Williams Risha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,700
Interest Rate
2.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 26, 2005
Sold by
Banks Ernie R and Banks Risha K Will
Bought by
Williams Risha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,700
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2005
Sold by
Banks Ernie R
Bought by
Banks Ernie R and Banks Risha K Williams

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,596,700
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2005
Sold by
Banks Ernie R
Bought by
Banks Ernie R and Banks Risha K Williams

Purchase Details

Closed on
Dec 8, 1997
Sold by
Pipberger Hubert V and Pipberger Hanna A
Bought by
Banks Ernie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schwartz Peter $630,000 First American Title Ins Co
Williams Risha K -- --
Williams Risha K -- --
Banks Ernie R -- --
Banks Ernie R -- --
Banks Ernie R $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Ernie R $1,596,700
Previous Owner Williams Risha K $1,596,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2014 10/20/14 Sold $630,000 -0.4% $107 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $632,500 -- $108 / Sq Ft
Source: Bright MLS

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 $7,731 $764,100 -- --
2024 $7,731 $707,600 $404,200 $303,400
2023 $7,731 $695,200 $0 $0
2022 $10,523 $682,800 $0 $0
2021 $10,339 $670,400 $402,100 $268,300
2020 $10,249 $664,333 $0 $0
2019 $10,159 $658,267 $0 $0
2018 $10,069 $652,200 $402,100 $250,100
2017 $6,427 $405,700 $0 $0
2016 -- $405,700 $0 $0
2015 $12,621 $654,000 $0 $0
2014 $12,621 $654,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: 1003140154

Bright MLS

APN: 05-0345744

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