Viewing homes in the Rockville/Potomac neighborhoods and providing insights into their value. As always, serving you with integrity, dedication and personalized service.
Tuesday, October 18, 2011
10408 Great Arbor Dr. Potomac MD 20854
This Croyer-Irwin built 4 bedroom, 3.5 bath home, constructed in the 1970's is located in the East Gate community of Potomac and is offered at $679,000. The exterior is brick and vertical wood siding- typical of the 1970's style. The yard is filled with large trees, some in questionable condition. Inside, the foyer has been updated with granite tile and all other floors in the home are hardwood. The living room and dining room are well sized for entertaining. The kitchen however, is small and dated. There is little cabinet and counter space although there is a butlers pantry connecting the kitchen and dining room. An older large sliding glass door in the kitchen eating area opens to the rear yard. Landscaping is minimal.
The family room has a wood cathedral ceiling and a classic 1970's fireplace. A rear door exits from the family room to the rear yard. There are large windows throughout the home to let in the sunlight.
Upstairs is a large master bedroom with an attached sitting area, overlooking the family room, and master bath. The master bath has had some remodeling, but the new owner would likely want to do more updates. Three well sized additional bedrooms share the hall bath.
The lower level is tiled and consists of a recreation room, large full bath and laundry/utility area.
A two car garage is accessed through the kitchen.
Neighbors on either side are fairly close and the lot is not particularly private.
This home has tremendous potential but does need significant updating, which is reflected in the price. Other similar sized homes in this neighborhood have sold in the last year for $690,000-$825,000, depending on condition. This home is in inferior condition to all of them. The homes that sold in the $800's have been thoroughly and beautifully remodeled.
The schools for this home, at the current time, are Bells Mill Elementary, Cabin John Middle School and Churchill High School.
Taxes are $8503 per year. HOA fee is $92/year
Zillow's estimate has it priced at $787,000. The home has been on the market for 160 days with an initial asking price of $699,000.
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