$1,250,000
SOLD JAN 31, 2025

The Park Potomac Place 12500 Park Potomac Ave Potomac, MD 20854

2 Beds
2.5 Baths
1,734 Sq Ft
$1,600/mo HOA Fee

Recently Sold

$721 Per Sq Ft

Highlights

  • Colonial Architecture
  • Community Pool
  • Central Heating and Cooling System
  • Ritchie Park Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Park Potomac Tot Lot

About This Home

As of January 2025

Listing Entered for comps only

Last Agent to Sell the Property

Matthew Green

RE/MAX Realty Services

RE/MAX Realty Services

Last Buyer's Agent

Christy Bakaly

Compass License #605541

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,730

Year Built

  • Built in 2006

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,734 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 160403580757

Community Details

Overview

  • Park Potomac Codm Subdivision

Recreation

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,730

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Traditional, Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Remarks Public: Listing Entered for comps only
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1734
  • Living Area Sq Ft: 1734
  • Price Per Sq Ft: 720.88
  • Above Grade Finished Sq Ft: 1734
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12500

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • 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: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1600.00
  • Condo Co-Op Fee Frequency: Monthly
  • 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: Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11730.00
  • Assessor Parcel Number: 160403580757
  • Tax Total Finished Sq Ft: 1734
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 01/31/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

About The Park Potomac Place

Range of Values:

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Sold Price
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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
02/03/2025 02/03/25 For Sale $1,250,000 0.0% $721 / Sq Ft
01/31/2025 01/31/25 Sold $1,250,000 -2.9% $721 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
10/15/2012 10/15/12 Sold $1,287,000 -0.9% $593 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/18/2012 06/18/12 Price Changed $1,299,000 -9.0% $599 / Sq Ft
05/18/2012 05/18/12 For Sale $1,428,000 -- $658 / 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 $11,730 $1,016,000 $0 $0
2023 $10,170 $940,000 $282,000 $658,000
2022 $7,576 $940,000 $282,000 $658,000
2021 $9,701 $940,000 $282,000 $658,000
2020 $12,905 $940,000 $282,000 $658,000
2019 $18,519 $900,000 $0 $0
2018 $12,923 $860,000 $0 $0
2017 $8,421 $820,000 $0 $0
2016 -- $790,000 $0 $0
2015 $7,464 $760,000 $0 $0
2014 $7,464 $730,000 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,000 New Conventional
Closed $766,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $1,250,000 Fidelity National Title
Deed $1,250,000 Fidelity National Title
Source: Public Records

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See All Homes in Potomac

Source: Bright MLS

MLS Number: MDMC2164522

Bright MLS

APN: 04-03580757

Maryland Montgomery County Potomac 20854

12500 Park Potomac Ave, Potomac, MD

Homes for Sale in Potomac, MD

This home is located at 12500 Park Potomac Ave, Potomac, MD 20854 and is currently priced at $1,250,000, approximately $720 per square foot. This property was built in 2006. 12500 Park Potomac Ave 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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