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7910 Inverness Ridge Road

7910 Inverness Ridge Road, Potomac, MD 20854
Property in Potomac
Sold Aug 12, 2011
$476,900
$380,000 by Provident Funding Group Inc
Mortgage Due Aug 01, 2041
7910 Inverness Ridge Road in Potomac, MD was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7910 Inverness Ridge Road has 1,614 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 150 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 2,565 square feet.

Learn more about the property and building on this page. The roof of the home is made of wood shake/ shingles. The property is connected to a sewer system. 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, 7910 Inverness Ridge Road sold most recently in Jul 29, 2011 for a total of $476,900. If you work out the math, that's approximately a cost of $325.75 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 $5,875 in taxes each year. 7910 Inverness Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $526,967. 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: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 150
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,565
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,614
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INVERNESS FOREST TWN HS
  • Land Acres: 0.059
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: INVERNESS FOREST TWN HS 4004/747

Ownership

  • Current Owner : HE PENG
  • Current Owner 2: LUO TAO
  • Previous Owner : FELDMAN SANDRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706010

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GQ21
  • Account Number: 00901584
  • District: 10
  • Parcel: 10-00901584
  • Block: J
  • Lot: 39
  • Latitude: 39.0315
  • Longitude: -77.1618

    Address

  • Full Address: 7910 Inverness Ridge Rd
  • Address - House Number: 7910
  • Address - Street Name: Inverness Ridge
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Potomac
  • Carrier Code: C018
  • 4-Digit Zip Code: 4009
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,875

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 672,722
  • High Value: 769,138
  • Low Value: 576,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2011
  • First Open Lien Mortgage Loan Amount: $380,000
  • 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: Aug 01, 2041

    Market Valuation

  • Market Total Value: $569,900
  • Market Land Value: $300,000
  • Market Improvement Value: $269,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,967

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2011
  • Current Sale Recording Date: Aug 12, 2011
  • Current Sale Transaction ID: 1146937051
  • Current Sale Price: $476,900
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING GROUP INC
  • First Mortgage Transaction Date: Aug 12, 2011
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2041

About Potomac



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Frequently Asked Questions

What neighborhood is 7910 Inverness Ridge Road located in?
The 7910 Inverness Ridge Road is a located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 7910 Inverness Ridge Road?
The average sales price for units in 7910 Inverness Ridge Road is $0 currently.

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