$2,400,000
SOLD SEP 27, 2024

The Park Potomac Place 12500 Park Potomac Ave Unit 1007S Potomac, MD 20854

3 Beds
3.5 Baths
3,253 Sq Ft
$2,635/mo HOA Fee

Recently Sold

$738 Per Sq Ft

14% Above List Price

Highlights

  • Fitness Center
  • Penthouse
  • Guest Suites
  • Ritchie Park Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Park Potomac Tot Lot

About This Home

As of September 2024

Elegance awaits you in this sun-drenched South Tower corner PENTHOUSE (only one of two) with POOL and verdant garden views. Incredible living and entertaining space with 10 to 17+feet ceiling heights throughout 1007S. The freshly painted sought-after Waterford model is treasured for its spacious 3250 plus footprint and offers a 37’ x 7’ balcony with panoramic views ! Why is this unit extra special? It’s the perfect combination of elegance and convenience and includes THREE bedrooms, THREE full bathrooms PLUS powder room, PLUS a LARGE DEN/HOME OFFICE and a cozy electric fireplace which is a rarity and a highly desired feature at Park Potomac Place. The new Buyer will enjoy the large table-spaced chef’s kitchen with adjoining family living area. The light filled kitchen features Viking appliances including a gas cooktop, wall ovens and microwave (2024) and a Subzero refrigerator, kitchen island and abundant storage and counter space for large scale entertaining. The walk-in primary bedroom closets are massive and the largest at Park Potomac Place. All bedrooms are ensuite with private bathrooms. A true laundry room completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The unit is ideal for extended hospitality guest entertaining and in house care as the two guest suites are located on the opposite wing from the primary living quarters. The unit has two zoned heating and cooling. TWO generous GARAGE Parking spots AND an enclosed private storage room conveniently located INSIDE the building on the lobby level convey. Why is Park Potomac Place the finest of all condominium buildings in the DMV? It is the best managed full-service establishment which provides its residents with 24-hour concierge, on-site management, building engineer, porter service, professionally landscaped grounds and hardscape, elegant clubroom with catering kitchen, private courtyards and grills, an outdoor pool, fitness center, guest suites, and guest parking and shared EV charging stations…..and the one of the lowest condo fees of the luxury buildings in DMV area. Residents enjoy the convenience of a great collection of retail businesses, gourmet coffee shops, banks, grocers, pharmacy, and the best dining establishments of Potomac including Founding Farmers, Gringos & Mariachis, the new popular King Street Oyster Bar, Attman’s Deli, Brooklyn’s Deli, O’Donnell’s Fish Market, Yirasai Sushi, Pama Thai and the Coming Soon Gregorios; with direct access to I-270 and commuter routes to Bethesda, Downtown DC, Virginia and three international airports! Look no further…the best living in Potomac…and maybe all of the DC metropolitan area! This is the PENTHOUSE everyone has been waiting for!

Last Agent to Sell the Property

Christy Bakaly

Compass License #605541

Compass

Last Buyer's Agent

Nurit Coombe

The Agency DC License #SP98372408

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,887

Year Built

  • Built in 2006

HOA Fees

  • $2,635 Monthly HOA Fees

Parking

  • Side Facing Garage

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,253 Sq Ft Home
  • Property has 1 Level
  • Electric Fireplace
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403581216

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, lawn maintenance, management, parking fee, pool(s), sewer, snow removal, trash
  • High-Rise Condominium
  • Park Potomac Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Game Room
  • Party Room
  • Community Library
  • Guest Suites
  • Elevator

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,887

Year Built

Built in 2006

Lot Details

0

HOA Fees

$2,635 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Elegance awaits you in this sun-drenched South Tower corner PENTHOUSE (only one of two) with POOL and verdant garden views. Incredible living and entertaining space with 10 to 17+feet ceiling heights throughout 1007S. The freshly painted sought-after Waterford model is treasured for its spacious 3250 plus footprint and offers a 37’ x 7’ balcony with panoramic views ! Why is this unit extra special? It’s the perfect combination of elegance and convenience and includes THREE bedrooms, THREE full bathrooms PLUS powder room, PLUS a LARGE DEN/HOME OFFICE and a cozy electric fireplace which is a rarity and a highly desired feature at Park Potomac Place. The new Buyer will enjoy the large table-spaced chef’s kitchen with adjoining family living area. The light filled kitchen features Viking appliances including a gas cooktop, wall ovens and microwave (2024) and a Subzero refrigerator, kitchen island and abundant storage and counter space for large scale entertaining. The walk-in primary bedroom closets are massive and the largest at Park Potomac Place. All bedrooms are ensuite with private bathrooms. A true laundry room completes the perfect home for downsizing at Potomac’s NUMBER ONE condo community. The unit is ideal for extended hospitality guest entertaining and in house care as the two guest suites are located on the opposite wing from the primary living quarters. The unit has two zoned heating and cooling. TWO generous GARAGE Parking spots AND an enclosed private storage room conveniently located INSIDE the building on the lobby level convey. Why is Park Potomac Place the finest of all condominium buildings in the DMV? It is the best managed full-service establishment which provides its residents with 24-hour concierge, on-site management, building engineer, porter service, professionally landscaped grounds and hardscape, elegant clubroom with catering kitchen, private courtyards and grills, an outdoor pool, fitness center, guest suites, and guest parking and shared EV charging stations…..and the one of the lowest condo fees of the luxury buildings in DMV area. Residents enjoy the convenience of a great collection of retail businesses, gourmet coffee shops, banks, grocers, pharmacy, and the best dining establishments of Potomac including Founding Farmers, Gringos & Mariachis, the new popular King Street Oyster Bar, Attman’s Deli, Brooklyn’s Deli, O’Donnell’s Fish Market, Yirasai Sushi, Pama Thai and the Coming Soon Gregorios; with direct access to I-270 and commuter routes to Bethesda, Downtown DC, Virginia and three international airports! Look no further…the best living in Potomac…and maybe all of the DC metropolitan area! This is the PENTHOUSE everyone has been waiting for!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 10
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 3253
  • Living Area Sq Ft: 3253
  • Price Per Sq Ft: 645.56
  • Above Grade Finished Sq Ft: 3253
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Garage - Side Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2635.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Fitness Center, Game Room, Guest Suites, Library, Party Room, Picnic Area, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Parking Fee, Pool(s), Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Year Assessed: 2024
  • Zoning: I3
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 20887.00
  • Assessor Parcel Number: 160403581216
  • Tax Total Finished Sq Ft: 3253
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 09/27/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

About The Park Potomac Place

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $2,400,000 +14.3% $738 / Sq Ft
09/04/2024 09/04/24 For Sale $2,100,000 +14.1% $646 / Sq Ft
02/03/2016 02/03/16 Sold $1,840,000 -7.0% $561 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
11/09/2015 11/09/15 Price Changed $1,979,000 -16.7% $604 / Sq Ft
08/11/2015 08/11/15 Price Changed $2,375,000 -5.0% $725 / Sq Ft
07/30/2015 07/30/15 For Sale $2,499,999 -- $763 / 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
2024 $20,294 $1,760,000 $0 $0
2023 $20,887 $1,750,000 $525,000 $1,225,000
2022 $18,650 $1,750,000 $525,000 $1,225,000
2021 $18,631 $1,750,000 $525,000 $1,225,000
2020 $18,641 $1,750,000 $525,000 $1,225,000
2019 $36,750 $1,726,667 $0 $0
2018 $18,817 $1,703,333 $0 $0
2017 $18,466 $1,680,000 $0 $0
2016 -- $1,663,333 $0 $0
2015 $16,193 $1,646,667 $0 $0
2014 $16,193 $1,630,000 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $2,400,000 Stewart Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2139930

Bright MLS

APN: 04-03581216

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave Unit 1007S, Potomac, MD

Homes for Sale in Potomac, MD

This home is located at 12500 Park Potomac Ave Unit 1007S, Potomac, MD 20854 and is currently priced at $2,400,000, approximately $737 per square foot. This property was built in 2006. 12500 Park Potomac Ave Unit 1007S is a home located in Montgomery County with nearby schools including Ritchie Park Elementary School, Julius West Middle School, and Richard Montgomery High School.

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