NOT LISTED FOR SALE

12067 Gatewater Dr Potomac, MD 20854

Estimated Value: $532,966 - $546,000

3 Beds
1 Bath
1,188 Sq Ft
$452/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $535,000 $450 Per Sq Ft

Current estimated payment $3,543/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Beverly Farms Elementary School Rated A
  • Attic
  • Stainless Steel Appliances

About This Home

As of November 2024

Welcome to 12067 Gatewater Drive, a charming 3-bedroom, 1-bath townhouse located in the desirable Fallsberry neighborhood. This home boasts an unbeatable location, just under 2 miles to local schools, walking trails to Fallsberry Park, quick access to major commuter routes and close proximity to the vibrant shopping and dining hubs of Park Potomac and Cabin John Village.

Inside, you’ll find newly installed kitchen floors, fresh paint, and updated fixtures throughout, giving the home a fresh and modern feel. The kitchen features new appliances (2022), and a recently replaced hot water heater ensures peace of mind.

With two reserved parking spaces and fantastic community amenities, including tot lots, this home is perfect for comfortable living. Don’t miss out on this opportunity – welcome home!

Last Listed By

Daan De Raedt

RE/MAX Allegiance Listed on: 10/19/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1985

Lot Details

  • 1,104 Sq Ft Lot

HOA Fees

  • $116 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,188 Sq Ft Home
  • Property has 2 Levels
  • Dining Area
  • Wood Flooring
  • Attic

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include lawn maintenance, management, snow removal, trash
  • Alvin L. Aubinoe, Inc. HOA
  • Fallsberry Subdivision

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 161002493266

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,244

Year Built

Built in 1985

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 12067 Gatewater Drive, a charming 3-bedroom, 1-bath townhouse located in the desirable Fallsberry neighborhood. This home boasts an unbeatable location, just under 2 miles to local schools, walking trails to Fallsberry Park, quick access to major commuter routes and close proximity to the vibrant shopping and dining hubs of Park Potomac and Cabin John Village. Inside, you’ll find newly installed kitchen floors, fresh paint, and updated fixtures throughout, giving the home a fresh and modern feel. The kitchen features new appliances (2022), and a recently replaced hot water heater ensures peace of mind. With two reserved parking spaces and fantastic community amenities, including tot lots, this home is perfect for comfortable living. Don’t miss out on this opportunity – welcome home!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Washer, Dryer, Dishwasher, Disposal
  • Interior Amenities: Upgraded Countertops, Dining Area, Wood Floors, Attic
  • Fireplace: No
  • Foundation Details: Slab
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor
  • Total Sq Ft: 1188
  • Living Area Sq Ft: 1188
  • Price Per Sq Ft: 450.34
  • Above Grade Finished Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12067

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 347.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Snow Removal, Trash
  • HOA Name: ALVIN L. AUBINOE, INC.
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEVERLY FARMS
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1104.00
  • Year Assessed: 2024
  • Zoning: PD3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5244.00
  • Assessor Parcel Number: 161002493266
  • Tax Lot: 131
  • Tax Total Finished Sq Ft: 1188
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 11/25/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2024
Closed on
Nov 25, 2024
Sold by
Matthews Saundra
Bought by
Cai Ying and Wang Yuanguo
Seller's Agent
Daan De Raedt
RE/MAX Allegiance
Buyer's Agent
Yinghua Deng
BMI REALTORS INC.
List Price
$535,000
Sold Price
$535,000
Total Days on Market
2
Views
16
Current Estimated Value
$536,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,742
Avg. Annual Appreciation
-0.27%
Original Mortgage
$428,000
Outstanding Balance
$427,197
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$107,208

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 9, 2021
Sold by
Walters Marcelle and Estate Of Loreen E Walters
Bought by
Matthews Saundra
Seller's Agent
Jon Prettyman
LPT Realty, LLC
Buyer's Agent
Sunno Sahani-Jhangiani
Samson Properties
List Price
$419,000
Sold Price
$413,000
Premium/Discount to List
-$6,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$405,519
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1987
Bought by
Walters Lloyd E and L E

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
Cai Ying $535,000 Evergreen Settlement
Cai Ying $535,000 Evergreen Settlement
Matthews Saundra $413,000 Lakeside Title Company
Walters Lloyd E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Ying $428,000
Closed Cai Ying $428,000
Previous Owner Matthews Saundra $405,519
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $535,000 0.0% $450 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/19/2024 10/19/24 For Sale $535,000 +29.5% $450 / Sq Ft
04/09/2021 04/09/21 Sold $413,000 0.0% $348 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $413,000 -1.4% $348 / Sq Ft
01/28/2021 01/28/21 For Sale $419,000 -- $353 / 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 $5,244 $410,700 $0 $0
2023 $4,383 $397,500 $0 $0
2022 $4,003 $384,300 $250,000 $134,300
2021 $3,937 $383,600 $0 $0
2020 $3,898 $382,900 $0 $0
2019 $3,865 $382,200 $250,000 $132,200
2018 $3,705 $369,333 $0 $0
2017 $3,567 $356,467 $0 $0
2016 $2,735 $343,600 $0 $0
2015 $2,735 $341,267 $0 $0
2014 $2,735 $338,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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