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12728 Lincolnshire Drive

12728 Lincolnshire Drive, Potomac, MD 20854
House in Potomac
Sold Jun 11, 2020
$800,000
$640,000 by National Institutes Of Health
Mortgage Due Jun 01, 2050
12728 Lincolnshire Drive in Potomac, MD was first built in 1973 and is 51 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 12728 Lincolnshire Drive has 3,295 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 590 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 12,701 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 12728 Lincolnshire Drive sold most recently in May 15, 2020 for a total of $800,000. If you work out the math, that's approximately a cost of $295.75 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 $9,425 in taxes each year. 12728 Lincolnshire Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $827,800. If we break it down further, the land itself was valued at $387,800. Improvements to the property, however, were assessed at a total of $440,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Driveway

Driveway

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 590
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,701
  • Total Building Area: 2,705
  • Gross Building Area: 2,705
  • Building Area: 2,705
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,295
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POTOMAC COMMONS SEC 5
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POTOMAC COMMONS SEC 5

Ownership

  • Current Owner : GARBER DAVID W
  • Previous Owner : LEWIS PAUL
  • Previous Owner 2: ESTATE OF RUTH LEWIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701210

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: FQ63
  • Account Number: 00140834
  • District: 04
  • Section: 5
  • Parcel: 04-00140834
  • Block: T
  • Lot: 4
  • Latitude: 39.0646
  • Longitude: -77.1824

    Address

  • Full Address: 12728 Lincolnshire Dr
  • Address - House Number: 12728
  • Address - Street Name: Lincolnshire
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Potomac
  • Carrier Code: C029
  • 4-Digit Zip Code: 2363
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,425

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 1,029,826
  • High Value: 1,224,933
  • Low Value: 834,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $640,000
  • First Open Lien Mortgage Lender: NATIONAL INSTITUTES OF HEALTH
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $640,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $827,800
  • Market Land Value: $387,800
  • Market Improvement Value: $440,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $827,800
  • Assessed Land Value: $387,800
  • Assessed Improvements Value: $440,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11773714487
  • Current Sale Price: $800,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL INSTITUTES OF HEALTH
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Potomac



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Frequently Asked Questions

What neighborhood is 12728 Lincolnshire Drive located in?
The 12728 Lincolnshire Drive is a house located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 12728 Lincolnshire Drive?
The average sales price for units in 12728 Lincolnshire Drive is $800,000 currently.

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