NOT LISTED FOR SALE

11351 Palatine Dr Potomac, MD 20854

Estimated Value: $2,414,902 - $2,769,000

5 Beds
6 Baths
7,223 Sq Ft
$353/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $1,700,000 $235 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $16,236/month

Highlights

  • Colonial Architecture
  • 4 Fireplaces
  • 3 Car Attached Garage
  • Potomac Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2014

Custom built home in prestigious palatine, on two acres lot, over 10,000 fin SF, gourmet kitchen, main level bedroom suite, luxurious Master bath with Jacuzzi tub, 2 story foyer. fully finished walkout basement w/ fireplace, wet bar, 3 car garage. & much more.

Last Listed By

William Ortega

Signature Home Realty LLC Listed on: 10/29/2014

Signature Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,903

Year Built

  • Built in 1995

Lot Details

  • 2 Acre Lot
  • Property is zoned RE2

Parking

  • 3 Car Attached Garage

Home Design

  • Colonial Architecture
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Rear Basement Entry
  • Natural lighting in basement

Utilities

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

Community Details

  • No Home Owners Association
  • Palatine Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160602870698
  • $1,626 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,903

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1995
  • Remarks Public: Custom built home in prestigious palatine, on two acres lot, over 10,000 fin SF, gourmet kitchen, main level bedroom suite, luxurious Master bath with Jacuzzi tub, 2 story foyer. fully finished walkout basement w/ fireplace, wet bar, 3 car garage. & much more.
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Daylight, Full, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 11351

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 6
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • 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

Lot Info

  • Improvement Assessed Value: 1515200.00
  • Land Assessed Value: 605000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Year Assessed: 2014
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13859733
  • Tax Annual Amount: 24902.68
  • Assessor Parcel Number: 160602870698
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 7223
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 12/16/2014

Multi Family

  • Front Foot Fee: 1625.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Dec 15, 2014
Sold by
Singh Chadna Hardeep and Taranbir Kaur
Bought by
Yu Yongyi and Liu Lulu
Seller's Agent
William Ortega
Signature Home Realty LLC
Buyer's Agent
Jenny Pan
Signature Home Realty LLC
List Price
$1,700,000
Sold Price
$1,700,000
Total Days on Market
0
Current Estimated Value
$2,546,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,976
Avg. Annual Appreciation
4.04%
Original Mortgage
$1,190,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1994
Sold by
Dumont Oaks Corp
Bought by
Chadha Hardeep S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
8.43%

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
Yu Yongyi $1,700,000 Eastern Title & Settlement
Chadha Hardeep S $279,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Yongyi $500,000
Closed Yu Yongyi $1,190,000
Previous Owner Chadha Hardeep Singh $737,047
Previous Owner Chadha Hardeep S $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $1,700,000 -14.8% $235 / Sq Ft
10/30/2014 10/30/14 Price Changed $1,995,000 +17.4% $276 / Sq Ft
10/29/2014 10/29/14 Pending -- -- --
10/29/2014 10/29/14 For Sale $1,700,000 -- $235 / 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
2024 $24,572 $2,071,900 $665,500 $1,406,400
2023 $23,262 $2,020,700 $0 $0
2022 $15,874 $1,969,500 $0 $0
2021 $21,043 $1,918,300 $665,500 $1,252,800
2020 $21,016 $1,918,300 $665,500 $1,252,800
2019 $20,987 $1,918,300 $665,500 $1,252,800
2018 $23,191 $1,950,000 $665,500 $1,284,500
2017 $24,742 $1,950,000 $0 $0
2016 -- $1,950,000 $0 $0
2015 $20,836 $2,120,200 $0 $0
2014 $20,836 $2,017,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Ortega

    Seller's Agent in 2014

    William Ortega

    Signature Home Realty LLC

    (240) 388-1729

    180 Total Sales

    William Ortega
    Section Image
  • Jenny Pan

    Buyer's Agent in 2014

    Jenny Pan

    Signature Home Realty LLC

    (240) 938-0692

    4 in this area

    100 Total Sales

    Jenny Pan
    Section Image
See All Agents

Map

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Source: Bright MLS

MLS Number: 1003228462

Bright MLS

APN: 06-02870698

Maryland Montgomery County Potomac 20854

11351 Palatine Dr, Potomac, MD

Homes for Sale in Potomac, MD

This home is located at 11351 Palatine Dr, Potomac, MD 20854 since 29 October 2014 and is currently estimated at $2,546,976, approximately $352 per square foot. This property was built in 1995. 11351 Palatine Dr is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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