Seller's Agent in 2023
Kenneth Rose
Rose Realty Group, Inc.
1 in this area
7 Total Sales
11001 Riverwood Dr Potomac, MD 20854
Estimated Value: $2,365,000 - $2,851,000
6
Beds
9
Baths
6,331
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Tennis Courts
- View of Trees or Woods
- Potomac Elementary School Rated A
- Private Pool
- Colonial Architecture
About This Home
As of December 2023Reduced for Unbelievable Value in Potomac Village...Stunning Estate Sale, Situated on Over Two Acres of Prime Parkland Like Setting with Low Maintenance Upkeep. One and a half Miles From Village Shopping and Potomac Elementary School only Blocks away. Magnificent Wooded Parcel Perched High Above The Street Features A Swimming Pool with Electric Cover, Tennis Court & Sport Court, Detached Guest House With High Ceilings and Kitchen and Two Baths, Eight Person Spa & two Story Elevator!! ...2.17 Acres...Private Estate.. Fully Fenced Rear Yard for Pets.
Two-Story Foyer. Luxurious Crown Moldings and Extensive Mill Work Throughout The Home. Custom Niches, Accents and Embassy Sized Rooms. Newly Painted Walls, Solid Doors, High End Built-Ins and Shelves Throughout The Home. Multiple Wood Burning Fireplaces Located On Each Level. Gourmet Island Kitchen With Granite Counters, Built-In Desk and Breakfast Table. Full Wet Bar In Family Room. Huge Sun Room, Massive Back Yard Oasis. Primary Suite With Tray Ceilings. Two-Story Elevator Connects Garage and Primary Bedroom. Elevator Is Equipped with State-Of-The-Art Software.. Beautiful Home Office with Fireplace and Built-In Shelves Off The Primary Suite. Main Home Has Five Bedrooms PLUS DEN, Five Full Baths, Two Half Baths. Add Approximately 750 Finished Living S.F. with Guest Home. Guest Home Offers High Ceilings, Lots of Windows and Is Equipped with A Second Kitchen and An Additional Two Full Bath + Three Garages Below = Five Garage Total for Collector Car Enthusiasts...(One Full Bath on Main Level Of Exterior Gust Home for Swim/Tennis Guests to Refresh, Change clothes without coming Inside...
Attention Home Business Owners, Multi-Generational Living Opportunity, Expanded and Growing Households, Rental Income from Guest House...A Life-Long Residence That Checks All Of The Boxes. More Development Potential Remains for Investors. Final Cosmetic Touches Remain for The Next Owner. Move-In Ready. Create a Lifetime of Memories Here. Enjoy The Close-In Proximity to Potomac Elementary School and Shopping and Restaurants. Only 4 Miles to I-495, 20 Minutes to Reagan Airport, 15 Minutes to Tyson's Corner, 25 Minutes to K Street, 30 Minutes to Dulles. 1 Mile to "Swain's Lock" at C&O Canal For Walks and Bike Rides Along Potomac River. Fully Fenced Backyard for Kids and Pets. Low Maintenance Yard!
This is an ESTATE SALE Well maintained! Impossible to Build a Comparable Property At This Price. Bring Your Decorator and Gain Instant Equity Overnight. Well Maintained Property! Transferable Home Warranty with FAHW.com.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,179
Year Built
- Built in 1978
Lot Details
- 2.17 Acre Lot
- Stone Retaining Walls
- No Through Street
- Private Lot
- Wooded Lot
- Backs to Trees or Woods
- Back Yard
- Property is in very good condition
- Property is zoned RE2
Parking
- 5 Garage Spaces | 2 Attached and 3 Detached
- Side Facing Garage
- Circular Driveway
Property Views
- Woods
- Garden
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- 1 Elevator
- Traditional Floor Plan
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar
- Chair Railings
- Crown Molding
- Recessed Lighting
- 4 Fireplaces
- Wood Burning Fireplace
- Fireplace Mantel
- Formal Dining Room
- Wood Flooring
- Flood Lights
Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Double Oven
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Maid or Guest Quarters
- Dual Flush Toilets
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry on main level
- Electric Dryer
- Washer
Basement
- Walk-Up Access
- Rear Basement Entry
Accessible Home Design
- Accessible Elevator Installed
Pool
- Private Pool
- Spa
Outdoor Features
- Tennis Courts
- Patio
- Rain Gutters
Schools
- Potomac Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Oil Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Potomac View Estates Subdivision
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 161001693803
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2023
Closed on
Dec 14, 2023
Sold by
Mallick Maya D and Mallick Geeta Angela
Bought by
Khah Ehsan M and Hashemian Nicole N
Seller's Agent
Kenneth Rose
Rose Realty Group, Inc.
Buyer's Agent
Christi Welfley
Compass
List Price
$2,575,000
Sold Price
$2,250,000
Premium/Discount to List
-$325,000
-12.62%
Total Days on Market
106
Views
431
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,119
Avg. Annual Appreciation
4.64%
Original Mortgage
$2,137,500
Outstanding Balance
$2,119,282
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$274,020
Purchase Details
Listed on
Aug 24, 2018
Closed on
Mar 4, 2019
Sold by
Shapiro Larry E and Shapiro Jolene F
Bought by
Mallick Maya D and Mallick Geeta Angela
Seller's Agent
Leslie Friedson
Compass
Buyer's Agent
Leslie Friedson
Compass
List Price
$2,499,000
Sold Price
$2,000,000
Premium/Discount to List
-$499,000
-19.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$1,600,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khah Ehsan M | $2,250,000 | Westcor Land Title Insurance C | |
| Mallick Maya D | $2,000,000 | Rgs Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khah Ehsan M | $2,137,500 | |
| Previous Owner | Mallick Maya D | $1,600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2023 12/16/23 | Sold | $2,250,000 | +2.3% | $355 / Sq Ft |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 11/10/2023 11/10/23 | Price Changed | $2,200,000 | -2.2% | $347 / Sq Ft |
| 10/30/2023 10/30/23 | Price Changed | $2,250,000 | -2.0% | $355 / Sq Ft |
| 10/21/2023 10/21/23 | Price Changed | $2,295,000 | -2.3% | $363 / Sq Ft |
| 10/09/2023 10/09/23 | Price Changed | $2,350,000 | -1.9% | $371 / Sq Ft |
| 10/03/2023 10/03/23 | Price Changed | $2,395,000 | -7.0% | $378 / Sq Ft |
| 08/01/2023 08/01/23 | For Sale | $2,575,000 | +28.8% | $407 / Sq Ft |
| 03/29/2019 03/29/19 | Sold | $2,000,000 | -11.1% | $423 / Sq Ft |
| 11/09/2018 11/09/18 | Price Changed | $2,249,999 | -10.0% | $476 / Sq Ft |
| 08/24/2018 08/24/18 | For Sale | $2,499,000 | -- | $528 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $24,083 | $2,029,433 | $0 | $0 |
| 2023 | $24,296 | $1,990,367 | $0 | $0 |
| 2022 | $21,487 | $1,951,300 | $577,100 | $1,374,200 |
| 2021 | $19,220 | $1,752,967 | $0 | $0 |
| 2020 | $17,004 | $1,554,633 | $0 | $0 |
| 2019 | $14,790 | $1,356,300 | $577,100 | $779,200 |
| 2018 | $14,983 | $1,356,300 | $577,100 | $779,200 |
| 2017 | $18,692 | $1,356,300 | $0 | $0 |
| 2016 | -- | $1,582,500 | $0 | $0 |
| 2015 | $16,862 | $1,570,967 | $0 | $0 |
| 2014 | $16,862 | $1,559,433 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Rose
-
Christi Welfley
Buyer's Agent in 2023
Christi Welfley
Compass
(703) 731-9250
1 in this area
33 Total Sales
-
Leslie Friedson
Seller's Agent in 2019
Leslie Friedson
Compass
(301) 455-4506
2 in this area
211 Total Sales
-
Tyler Siperko
Seller Co-Listing Agent in 2019
Tyler Siperko
Compass
(443) 690-0420
2 in this area
184 Total Sales
Map
Similar Homes in the area
Source: Bright MLS
MLS Number: MDMC2101622
APN: 10-01693803
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