tomo logo

$2,495,000

Beds
5
Baths
6.5
sq ft
7,513

11915 Glen Mill Rd, Potomac, MD 20854

11915 Glen Mill Rd

POTOMAC, MD 20854

  • 159 days on market
    • Price drop $204,000↓
Fabulous new price! $200,000 reduction in asking price! Welcome to this renovated contemporary home filled with light and elegant finishes. An exciting interior circular staircase is a focal point of the residence. Beautiful hardwood floors, designer windows and doors, and an artfully designed contemporary floorplan await you, along with a large level lot with swimming pool to keep you cool on warm summer days. The main level of the home offers a high ceilinged double living room, a formal dining room, a gourmet kitchen with every bell and whistle imaginable along with a breakfast room for informal dining. This main level also provides two main level bedrooms each with their own ensuite bath. A three car garage completes this main level with ample parking for three cars plus another six or more in the driveway area. Upstairs the primary bedroom with more than ample closet space and an elegant primary bath provide a quiet retreat. Two additional spacious bedrooms with ensuite baths complete this upper level of the home. Contemporary design, elegant finishes and a quiet retreat await you in this recently renovated residence. Five minutes away from the village of Potomac with the best of shopping and restaurants.

Details

Property type

Single Family Residence

Est. home value

$2,203,793

Lot size

2.91 acres

Price per sq ft

$333

Year built

1978

Annual property taxes

$21,799

HOA

No

Price History

08/06/2024
Bright

Bright #MDMC2132966

Price change
$2,495,000
-7.56%
06/18/2024
Bright

Bright #MDMC2132966

Listed
$2,699,000
+80.54%
12/11/2020
Bright

Bright #MDMC679228

Sold
$1,495,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

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

Seller could get up to

$1,246,707
Asking price
$2,495,000
Closing costs (~8% of asking)
-$199,600
Est. remaining loan balance
-$1,048,693
Cash to seller
$1,246,707

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

December 2020

Original loan amount

$1,150,000

Est. remaining balance

$1,048,693

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Abayomi Olamide Akinfe

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 4:25 PM

Listing updated: 10/12/2024 at 3:46 PM

Listed by: Nancy S. Itteilag, Washington Fine Properties, LLC Phone #: (202) 944-5000

MLS: Bright #MDMC2132966

Bright logo

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