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23 Potomac Avenue

23 Potomac Avenue, Indian Head, MD 20640
Property in Indian Head
Sold Oct 12, 2021
$375,000
$375,000 by Mortgage Research Center Llc
Mortgage Due Aug 01, 2051
Sold Mar 01, 2016
$260,000
$260,000 by Platinum Mortgage Inc
Mortgage Due Mar 01, 2046
Local assessors in Indian Head, MD have categorized 23 Potomac Avenue as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 30,274 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 23 Potomac Avenue has a total of 2,554 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 1,210 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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. The building has a roof that is made of composition shingle. Lots of unknown 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, 23 Potomac Avenue sold most recently in Jul 23, 2021 for a total of $375,000. If you work out the math, that's approximately a cost of $279.02 per sqft. Before that, the property was also sold for $260,000 in Feb 22, 2016. 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 $4,393 in taxes each year. 23 Potomac Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $293,367. 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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,210
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 30,274
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,554
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LA PLATA
  • Land Acres: 0.695
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .695 AC E SI POTOMAC AVE INDIAN HEAD

Ownership

  • Current Owner : LEGACY JR RICHARD
  • Current Owner 2: LEGACY JENNIFER A
  • Previous Owner : WHITE STEVEN
  • Previous Owner 2: WHITE KELLY
  • Owner Before Previous Owner: BRAKKE BRIAN
  • Owner Before Previous Owner 2: BRAKKE TRACEY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Charles County Public Schools
  • Census Tract: 850202

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 11 21 496
  • Account Number: 002076
  • District: 07
  • Parcel: 07-002076
  • Municipality: INDIAN HEAD
  • Latitude: 38.5982
  • Longitude: -77.1618

    Address

  • Full Address: 23 Potomac Ave
  • Address - House Number: 23
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Indian Head
  • Carrier Code: C001
  • 4-Digit Zip Code: 1720
  • Zip Code: 20640

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,393
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.1304
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 85
  • Final Value: 337,913
  • High Value: 382,007
  • Low Value: 293,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $369,700
  • Market Land Value: $71,100
  • Market Improvement Value: $298,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,367

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11860416941
  • Current Sale Price: $375,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 01, 2016
  • Previous Sale Contract Date: Feb 22, 2016
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLATINUM MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 01, 2016
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Indian Head



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Frequently Asked Questions

What neighborhood is 23 Potomac Avenue located in?
The 23 Potomac Avenue is a located in the neighborhood of Indian Head in Indian Head, Indian Head.
What is the average sales price for listings in 23 Potomac Avenue?
The average sales price for units in 23 Potomac Avenue is $0 currently.

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