Potomac, MD 20854,11516 FALLS RD

$389,900

Est. payment /mo

$389,900

Est.Price: ?

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11516 FALLS RD Potomac, MD 20854

0.6 Acres Lot

SOLD DATE : 03/10/2016

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

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Bright MLS (BMLS)
Listed by Alexander R Saenger • Keller Williams Capital Properties
Bought with Alexander R Saenger • Keller Williams Capital Properties

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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