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10905 Riverwood Drive

10905 Riverwood Drive, Potomac, MD 20854
Property in Travilah
Sold Sep 24, 2021
$1,640,000
$1,500,000 by Mortgage Research Center Llc
Mortgage Due Sep 01, 2051
Local assessors in Potomac, MD have categorized 10905 Riverwood Drive as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 87,120 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10905 Riverwood Drive has a total of 5,596 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,150 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 816 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10905 Riverwood Drive sold most recently in Aug 23, 2021 for a total of $1,640,000. If you work out the math, that's approximately a cost of $368.87 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $671 in taxes each year. The initial year of tax delinquency occurred in 2022. 10905 Riverwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,362,100. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,150
  • Garage Type: Attached
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 4,446
  • Gross Building Area: 4,446
  • Building Area: 4,446
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC VIEW
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PL 11802 POTOMAC VIE W ESTS

Ownership

  • Current Owner : QASIM MUHAMMAD B
  • Current Owner 2: YAQUB RUMANA
  • Previous Owner : YE BILLY PUSHENG
  • Previous Owner 2: YE LILY XI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706007

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: FQ21
  • Account Number: 01693825
  • District: 10
  • Parcel: 10-01693825
  • Block: F
  • Lot: 50
  • Latitude: 39.035
  • Longitude: -77.2237

    Address

  • Full Address: 10905 Riverwood Dr
  • Address - House Number: 10905
  • Address - Street Name: Riverwood
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Potomac
  • Carrier Code: C076
  • 4-Digit Zip Code: 1337
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,948,966
  • High Value: 2,245,081
  • Low Value: 1,652,851

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $1,634,300
  • Market Land Value: $504,000
  • Market Improvement Value: $1,130,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,362,100

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11858640677
  • Current Sale Price: $1,640,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Travilah



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Frequently Asked Questions

What neighborhood is 10905 Riverwood Drive located in?
The 10905 Riverwood Drive is a located in the neighborhood of Travilah in Travilah, Potomac.
What is the average sales price for listings in 10905 Riverwood Drive?
The average sales price for units in 10905 Riverwood Drive is $0 currently.

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