tomo logo

$1,799,000

Beds
7
Baths
4.5
sq ft
6,850

10908 Barn Wood Ln, Potomac, MD 20854

10908 Barn Wood Ln

POTOMAC, MD 20854

  • 225 days on market
CAN BE SHOWN NOVEMBER 18- 23!! Call for APP'T!! GREAT INVESTMENT OPPORTUNITY Location, Location, Location!! Spacious and Gracious 7BR, 8 Bath Georgian Colonial being used as an Air BNB consistently grossing at least $10,000 if not $14,000 a month. Great Close in Location. This home has an Entertainer's Dream Flow. Two two ceilings in many parts of the home. Great Three Season room. Sprawling lawn and gardens. Potomac Elementary, Churchill HS.

Details

Property type

Single Family Residence

Est. home value

$1,846,673

Property condition

Fixer

Lot size

2.17 acres

Price per sq ft

$263

Year built

1985

Annual property taxes

$16,685

HOA

No

Price History

04/11/2024
Bright

Bright #MDMC2127528

Listed
$1,799,000
01/30/2024
BrightMLS

BrightMLS #MDMC2117264

Removed

Schools & Community

Elementary school: 

POTOMAC

Middle school: 

HERBERT HOOVER

High school: 

WINSTON CHURCHILL

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu Of Maryland Inc

Loan start date

July 2009

Original loan amount

$417,000

Est. remaining balance

$0

Interest rate

5.06%

Loan type

New Conventional, 15 year

Seller

Kanwal Jeet K Singh and Lakhbir Singh

Lender

Wachovia Bank Na

Loan start date

May 2007

Original loan amount

$923,200

Est. remaining balance

Not provided

Interest rate

6.16%

Loan type

Credit Line (Revolving), 30 year

Seller

Lakhbir Singh and Kanwal Jeet K Singh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 4:30 PM

Listing updated: 11/18/2024 at 9:29 AM

Listed by: Antoinette Gage, REMAX Platinum Realty Phone #: (240) 497-0408

MLS: Bright #MDMC2127528

Bright logo

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