$572,000 - $614,000
RENTED NOV 5, 2024

11517 Cherry Grove Dr North Potomac, MD 20878

3 Beds
3 Baths
1,872 Sq Ft
$313 Price per Sq Ft

Last Sold October 04, 2024

Last sale price $573,000 $306 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,662/month

About This Home

As of October 2024

Charming Contemporary Colonial Home in North Potomac
Discover this cozy contemporary colonial home, filled with abundant natural light, in the desirable North Potomac neighborhood. The house features a warm and inviting living room and a spacious, sun-filled family room on the main floor.

Upstairs, you'll find three bedrooms, including a generously sized master suite that connects to a versatile sitting room, ideal for a home office or an additional bedroom.

Step outside to your private, fenced backyard, with a beautiful brick patio and a built-in fireplace/grill—perfect for outdoor gatherings.

This home has been freshly painted, and hardwood floors flow throughout, enhancing its charm.

Prime Location:

Minutes from I-270, I-370, and the ICC
Conveniently close to Kentlands, Rio Washingtonian, Downtown Crown, and NIST
Just steps away from Muddy Branch Trail. Don’t miss the chance to make this lovely home your own!
(Case-by-case basis Small pet is ok)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Oct 3, 2024
Sold by
Gershberg Stephen F and Gershberg Adrianne H
Bought by
Nguyen Nhung Thihong and Vu Tam
Seller's Agent
Arvind Dangi
UnionPlus Realty, Inc.
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
Sold Price
$2,950
Views
127
Current Estimated Value
$585,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,351
Avg. Annual Appreciation
3.87%
Original Mortgage
$373,000
Outstanding Balance
$370,828
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$214,473

Purchase Details

Listed on
May 5, 2011
Closed on
Jan 26, 2012
Sold by
Lockhart Rosco L and Lockhart Nancy L
Bought by
Gershberg Stephen F and Gershberg Adrianne H
Seller's Agent
Cathy McNair
Keller Williams Chantilly Ventures, LLC
Buyer's Agent
Cathy McNair
Keller Williams Chantilly Ventures, LLC
List Price
$414,900
Sold Price
$295,000
Premium/Discount to List
-$119,900
-28.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Lockhart Rosco L and Lockhart N
Bought by
Lockhart Rosco L Et Al Tr

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Nguyen Nhung Thihong $573,000 Atg Title
Gershberg Stephen F $295,000 Express Title Company
Lockhart Rosco L Et Al Tr -- --
Lockhart Rosco L Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Nhung Thihong $373,000
Previous Owner Gershberg Stephen F $275,000
Previous Owner Gershberh Stephen F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Rented $2,950 0.0% --
10/21/2024 10/21/24 Price Changed $2,950 -3.3% $2 / Sq Ft
10/05/2024 10/05/24 For Rent $3,050 0.0% --
10/04/2024 10/04/24 Sold $573,000 +4.2% $306 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $550,000 +86.4% $294 / Sq Ft
01/26/2012 01/26/12 Sold $295,000 -10.6% $216 / Sq Ft
11/17/2011 11/17/11 Pending -- -- --
10/18/2011 10/18/11 Price Changed $330,000 -12.0% $241 / Sq Ft
08/26/2011 08/26/11 Price Changed $375,000 -5.1% $274 / Sq Ft
07/08/2011 07/08/11 Price Changed $395,000 -4.8% $289 / Sq Ft
05/05/2011 05/05/11 For Sale $414,900 -- $303 / Sq Ft

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 $4,816 $379,500 $232,100 $147,400
2023 $4,677 $369,567 $0 $0
2022 $4,376 $359,633 $0 $0
2021 $4,181 $349,700 $221,000 $128,700
2020 $4,181 $349,067 $0 $0
2019 $4,160 $348,433 $0 $0
2018 $4,152 $347,800 $221,000 $126,800
2017 $4,133 $339,900 $0 $0
2016 -- $332,000 $0 $0
2015 $3,103 $324,100 $0 $0
2014 $3,103 $314,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Arvind Dangi

    UnionPlus Realty, Inc.

    (202) 309-6745

    6 in this area

    105 Total Sales

    Arvind Dangi
    Section Image

  • E

    Seller's Agent in 2024

    Emily Cottone

    Redfin Corp

    (240) 994-1860

    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Member

    Metropolitan Regional Information Systems

  • Cathy McNair

    Seller's Agent in 2012

    Cathy McNair

    Keller Williams Chantilly Ventures, LLC

    (301) 793-0875

    7 Total Sales

    Cathy McNair
    Section Image
  • Jim Roy

    Seller Co-Listing Agent in 2012

    Jim Roy

    LuxManor Real Estate, Inc

    (301) 254-7253

    2 in this area

    114 Total Sales

    Jim Roy
    Section Image
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Map

Maryland Montgomery County North Potomac 20878

11517 Cherry Grove Dr, North Potomac, MD

Homes for Sale in North Potomac, MD

This home is located at 11517 Cherry Grove Dr, North Potomac, MD 20878 and is currently estimated at $585,301, approximately $312 per square foot. 11517 Cherry Grove Dr is a home located in Montgomery County with nearby schools including Thurgood Marshall Elementary School, Ridgeview Middle School, and Quince Orchard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.