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Potomac, MD Real Estate News

By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
In February this home was listed for Almost 2.5 million It's now owned by Washington Mutual Bank & Just Listed for $1,163,250. 7 Bedrooms , 4 1/2 Baths , just under 7500 total square feet I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 *information deemed reliable but not guaranteed listing courtesy of Execuhome REO, LLC
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By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
 Even though it rained cats and dogs on Sunday, I had more than 50 people lined up to visit my listing at 12307 Old Canal Road. At one point I felt like I was in a wedding reception receiving line as I stood at the door greeting people and shaking hands, and ushering in people lined up outside.I actually ran out of flyers after 2 hours - who would have thought that 40 flyers that said "Just Listed" wouldn't be enough to get through the afternoon!The good news is that we are working on an offer which would be wonderful for my sellers. The pressure is on me since this is my daughter's hockey coach's house (and the home of a classmate of my daughter!)Please keep your fingers crossed for me and for all of us that there actually is a spring market and that maybe there is a small rally coming...
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The below listed Potomac 20854 neighborhoods in Montgomery County, Maryland show all their active listings for sale and rent in the MRIS as of today.  This is a keyword search, and sometimes you will also see homes listed from other areas.  Whenever you check back you will be updated with the latest listings, as this info is updated daily. AVENEL BEALLMOUNT BEDFORDSHIRE BELLS MILL VILLAGE BELLSHIRE BEVERLY FARMS BLENHEIM BRADLEY FARMS CAMOTOP CLAGETT FARM CONCORD COPENHAVER DARNESTOWN OUTSIDE EAST GATE OF POTOMAC ESWORTHY PARK FALCONHURST FALLS FARM FALLS ORCHARD FALLS RIDGE FALLSBERRY FALLSMEAD FALLSREACH FAWCETT FARMS FAWSETT FARMS MANOR FOX HILLS FOX HILLS WEST GLEN MEADOWS GLEN MILL KNOLLS GLEN OAKS GREAT FALLS ESTATES GREEN BRIAR PRESERVE HERITAGE FARM HIGHLAND STONE HILLSIDE ESTA...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
6 Bedroom , 5 1/2 Bath Crowell and Baker custom French Country Colonial on over 2 Acres located on Potomac's Picturesque Pettit Court Purchased in 2005 for $1,439,000.00  Now Bank Owned & not yet Priced. I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 *information deemed reliable but not guaranteed  
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11125 Powder Horn drive Potomac, Maryland     Welcome to this beautifully maintained and updated four bedroom, two and a half bath Colonial style home situated in the lovely community of Willowbrook. Among its many features, please take note of all the improvements the owners have completed throughout their ownership. Enjoy the completely finished lower level offering a large recreation room with built-in bar, lots of storage, as well as a great TV or pool/ping pong room. The lower level also offers updated double pane windows and brand new carpeting installed in 2008. The main level presents a great circular flow between all the rooms which include formal living spaces for entertaining with red oak hardwood floors, as well as great space for the family including a first floor family ro...
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By Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC
(Keller Williams Capital Properties)
  Open Sunday from 2 to 5 - a completely updated colonial in Potomac for $599,000. 4 bedrooms, 2.5 baths, an updated kitchen with corian counters and high end cabinets, large dining room, family room, den, master bedroom with sitting room, newly renovated basement play room, beautiful deck and a yard with mature trees. Almost unique in the Montgomery Square neighborhood, this home has a one car garage and a huge tile floored mudroom. Please tell your friends and send your clients! I would love to meet them! 
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
4 Bedroom , 2 1/2 Bath Single Family Contemporary Just Listed on Twin Oaks Drive Deutsche Bank National took possession of the property in December of 2008. List Price: $669,000 I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 listed by Long and Foster Real Estate, INC.  *information deemed reliable but not guaranteed
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The below Potomac, Maryland properties shown are all the active listings in the MRIS as of today.  Whenever you check back you will be updated with the latest listings, as this info is updated daily. Potomac Maryland townhomes for sale Potomac Maryland detached houses   These Montgomery County MD homes for sale are all over Potomac including Inverness Forest Knolls North - Berkeley Brownstone - Merry Go Round Farm - Fawsett Farms Manor - Glen Mill Knolls - Bells Mill Estates Springs - Lake Normandy Estates - Players Crossing, Players Crossing at Avenel - Pine Knolls - Long Acres Preserve - Potomac Glen - Piney Glen Village - Falconhurst - Bradley - Greenbriar Estates - Ansin - Palatine - Stoney Creek - Marwood - Riverside - Mazza Woods, Fawsett Farms - Park Potomac, Turnberry - Luxury t...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
 Just Reduced $149,000!  ........  Now Listed for    $829,387 6 Bedrooms , 4 Full & 2 half baths , Over 7000 Total Square Feet 2010 Phase in Tax Value    $1,506,560  sitting on more than 2 Acres backing to River Road ... Sure it needs a lot of updating but at this price the Savvy Investors will pounce! I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 listing courtesy of  RE/MAX 2000, REALTORS
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Purchased in 2007 for over $1.2 million & the new "bank owned list price" yet to be determined. This 4 Bedroom , 3 Full Bath , 2 Half bath, 4 level Townhome has all the options one could hope for: Elevator , 2 Decks , Outside Fireplace , Built-ins , Well-appointed Chef's Kitchen etc.... 2009 Phase in Tax Value of $1,338,180 I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 *information deemed reliable but not guaranteed.  
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
This impressive bank owned home in the Exclusive Palatine neighborhood of Potomac, Maryland was listed this past week. With a 2009 phase in tax value of $2,044,890 & a list price of $1,399,900 ... the offers have been piling up. Properties on this same street are on the market for almost $5 million. With a few minor changes this property will become the Trophy home it was designed to be & the new owner will have gotten the deal of a lifetime. I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 listing courtesy of RE/MAX Realty Services *information deemed reliable but not guaranteed.  
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Wednesday, April 1, 2009 2:54 PM- 10609 Rivers Bend La., Potomac, 20854 Dep. $202,000 Originally Purchased in July of 2005 for $2,408,613 Living Area: 6803 Base Sq Ft: 3718 Acreage: .85 ASSESSMENT                     Land        Improvements 2009        $2,322,760     $889,720     $1,433,040 3:04 PM- 11752 Lake Potomac Dr., Potomac, 20854 Dep. $211,000 Purchased in May of 2004 for $1,420,000 Living Area: 6992 Base Sq Ft: 4502 Acreage: 2.270 ASSESSMENT                   Land          Improvements 2009       $2,007,990    $613,100       $1,394,890 Properties are often removed from the schedule prior to auction ... Check for cancellations. The Majority of the homes sold on the court house steps revert back to the lenders. These homes are then listed for sale as bank owned properties (REO's...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
Over 10,000 Square Feet of Potomac Opulence Just Reduced over $500,000 from its original asking price. Now listed for $1,995,000 Located in the exclusive community of Potomac Ranch   I represent my buyers as their exclusive Agent ... if you are interested in one of the many opportunities in this unprecedented Buyer's Market ... I would be glad to help. rick.boothe@longandfoster.com                         301-793-6796 listing courtesy of WC & AN Miller Realtors, A Long & Foster Company 
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By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
 Potomac Maryland  ZIP Code Statistics - <$100K to >$5M Format ZIP Code: 20854 Potomac, MD From: 02/01/2009 to 02/28/2009                Statistics generated on: 03/06/2009 Residential Unit Sales Number of Bedrooms Active Listings   Time on Market Price Class 2 Or Less   3 4   or More   Condo Coop Ground Rent Residential    Condo Coop Ground Rent of Units Sold (No. of Units) Under $100,000 0 0 0 0 0 0 0 0 1 -30 Days 9 $100,000 - 149,999 0 0 0 0 0 0 0 0 31-60 Days 3 $150,000 - 199,999 0 0 0 0 0 0 0 0 61 - 90 Days 4 $200,000 - 249,999 0 0 0 0 0 0 0 0 91-120 Days 1 $250,000 - 299,999 0 0 0 0 0 0 0 0 Over 120 Days 8 $300,000 - 349,999 0 0 0 0 0 0 0 0 Total 25 $350,000 - 399,999 0 0 0 0 0 0 0 0 $400,000 - 449,999 0 1 0 0 0 0 0 0 Type of Financing of Units Sold (No. of Units) $450,000 - 499,9...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
The fabulous brownstone townhome in Potomac's Wheel of Fortune Owned by GMAC has just been reduced to $929,900 A little history: Purchased in September 2006 for just under $1.4 million ... the bank listed the property in November 2008 for $1,221,000 ... reduced it to $975,000 & just this morning down to $929,900. At this price the beautifully optioned , 5 bedroom elevator townhome should get offers.  I've always wondered who's great idea it was to name the development Wheel of Fortune ... it would have been sold out long ago if it wasn't for that ridiculous name. It's an amazing development with wonderfully unique homes ... Perfect for the well to do empty Nester. I represent My Buyer clients as their exclusive agent. We are in the midst of an unprecedented buyers market. Contact me to ...
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By Rick Boothe, Realtor, Darnestown Real Estate
(Fairfax Realty)
This 5 Bedroom , 4 Full Bath , 2 Half Bath Bank Owned Contemporary on Travilah Terrace was just reduced over $120,000. Originally priced just under 1.2 million in September of 2008 ... reduced to 1,099,000 in December ... Now slashed to $979,000! That's an impressive price for over 7000 total square feet on 2+ Acres just off River Road ... even with the updating that must be done. listed by RE/MAX 2000, REALTORS I represent My Buyer clients as their exclusive agent. We are in the midst of an unprecedented buyers market. Contact me to help you take advantage of these opportunities.  rick.boothe@longandfoster.com    301-793-6796
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