For more information regarding the value of a property, please contact us for a free consultation.
11516 FALLS RD Potomac, MD 20854
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $389,900
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Potomac Outside
MLS Listing ID 1002319431
Sold Date 03/10/16
HOA Y/N N
Originating Board MRIS
Annual Tax Amount $5,429
Tax Year 2014
Lot Size 0.597 Acres
Acres 0.6
Property Description
Potomac Land For Sale: $1,300,000 for 2-Lots totaling 1.168 Acres - Zoning:~~R200: 11600 Falls Road - Tear Down w/ pub util: Lot Size: 0.571 Acres - Tax ID #161003552497 - PLUS - 11516 Falls Road: Lot Size: 0.597 Acres - Tax ID #161003552500 --- Homes in this area built to 5000-6000 sq/ft build cost is about $500-600K, Sale price about $1.8M-$2M. Potential profit over $1.3M if 2 homes built
Location
State MD
County Montgomery
Zoning R200
Exterior
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public Hook-up Available
New Construction N
Schools
Elementary Schools Wayside
Middle Schools Herbert Hoover
High Schools Winston Churchill
School District Montgomery County Public Schools
Others
Tax ID 161003552500
Ownership Fee Simple
Special Listing Condition Standard
Read Less
Bought with Alexander R Saenger • Keller Williams Capital Properties