Potomac  »  20854  »  Potomac

8037 Inverness Ridge Road, Potomac, MD 20854

Potomac, Montgomery
Building in Potomac
2 Stories
Built in 1971
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By Francis A De Souza
Welcome to 8037 Inverness Ridge Road, a building located in Potomac, Montgomery in Potomac, MD. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1971. There are a total of 2 floors. Finally, 8037 Inverness Ridge Road was most recently sold on Jan 7, 2022 for $669,000. The market value for the land that the building sits on has been listed at $300,000. In addition, improvements upon the building have an added value of $351,500. In total, the total market value of the property as a whole is $651,500. According to local assessors, the total value of the building is currently valued at $555,767. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1971
Effective Year Built
1971
Bedroom Count
0
Bathroom Count
4
Full Bathrooms
3
Partial Bathrooms
4
Building Condition
Average
Building Quality
C+
Construction Type
Frame
Building Style
Townhouse
Exterior Walls Type
Brick
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Wood shake/ shingles
Floor Count
2
Living Units
1
Floor Cover
unknown
Basement Type
Finished improved basement
Basement Area
500
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
INVERNESS FOREST TWN HS
Land Acres
0.049
Standard Land Use Code
Townhouse (residential)
County Land Use Code
unknown
Legal Description 1
INVERNESS FOREST TWNHS
Ownership
Current Owner
ABBAS BEKHRAD REVOCABLE TRUST
Current Owner's Name
BEKHRAD ABBAS REVOC TR
Current Owner 2
HAIEDEH BEKHRAD REVOCABLE TRUS
Current Owner 2's Name
BEKHRAD HAIEDEH REVOC TR
Previous Owner
PEI-YU TSAI MARGARET
Previous Owner's Name
TSAI MARGARET PEI YU
Previous Owner 2's Name
SMITH II PIERCE ALEXANDER
Owner Address - City
POTOMAC
Owner Address - State
MD
Owner Address - ZIP Code
20854
Second Owner Is a Corporation
Yes
Owner Before Previous Owner
TANG XUEFEI
Ownership Rights Codes
Revocable Trust
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Montgomery County Public Schools
Census Tract
706010
Census Block Code
1004
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
548
Census - Combined Statistical Area - Area Name
Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Census - County FIPS
24031
Census - Full FIPS
240317060101004
Census - Metropolitan Division - Area Code
43524
Census - Metropolitan Division - Area Name
Silver Spring-Frederick-Rockville, MD
Census - Metro Micro Statistical Area - Area Code
47900
Census - Metro Micro Statistical Area - Area Name
Washington-Arlington-Alexandria, DC-VA-MD-WV
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
2463300
Census Source
US Census Bureau
Census State FIPS
24
Census Tract Code
706010
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
2400480
School District - Unified - Name
Montgomery County Public Schools
Zoning
Zoning
R90
Geography
Assessors Map Reference
GQ21
Account Number
00903572
District
10
Parcel
10-00903572
Block
J
Lot
81
Lot Code
unknown
Latitude
39.0299
Longitude
-77.1647
FIPS
24031
Mailing Carrier Code
C032
Mailing Full Street Address
12709 RIVER RD
Mailing House Number
12709
Mailing Street Mode
RD
Mailing Street
RIVER
Mailing 4-Digit Zip Code
1138
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
Valuation
Timestamp
2024-01-24 00:54:04
UCID Flag
C
More About The Building
In total, the building area is listed as 1,474 square feet. The building itself has 1,474 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 8037 Inverness Ridge Road is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Potomac area have a median price of $6,650. Those in the 25th percentile, have a price around $4,995. While those in the 75th percentile, have a price around $8,500. Typically, the buildings in this area have a median sqft of 4,396. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There are currently no one bedroom listings being advertised in the area.
  • There is currently a single advertised two bedroom listing.
  • There are currently a total of 2 three bedroom listings. The median price for these types of listings is $5,175. That's $2.71 price per sqft.

  • There are currently a total of 25 four bedroom listings. The median price for these types of listings is $6,700. That's $1.68 price per sqft.
About The Area
8037 Inverness Ridge Road is located in 20854. There are 49,926 people living here. There are 16,703 households. Most of these households have an average family size of 3.18 people. According to the census, 8% are currently renting while 92% own their homes. The median age of this population is around 47.2 years old. On average, most folks in the zipcode are married. About 34% of folks speak a language other than English in this area. The area's employment rate is currently around 61.6%. Speaking of employment, the median income is $198,651. Most folks will commute by car for around 34.2 minutes. Finally, we know that 5% of residents in the area have graduated with their high school degree. Additionally, 29% and 53% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Montgomery County, Maryland has a population of 1,026,371 people. Based on census records, there are 367,764 registered households. Families in this area are on average made up of 3.31 people per household. Most folks are married. They are also typically around 38.6 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 34% rent while 66% purchased their homes. Right now, the community is made up of 14% of residents who have graduated with at least a high school degree. On top of that, 27% have a Bachelor's degree and 32% have a Master's degree. The employment rate is currently around 67.2%. Those employed, have a median income of $100,352.

Finally, let's take a look at the stats related to Washington, DC - VA - MD Urban Area. The urban area is home to 4,897,996 people. A total of 1,763,935 households are registered here. With average family sizes being listed at 3.38 people. About 17% of residents have graduated with a high school degree. Of the rest, 26% have their Bachelor's and 26% have their Master's degree. Folks speaking a language other than English, make up about 31% of the population. Speaking of your commute, 67.5% of people in this area are employed. The recorded median income is currently at $95,550 per year. The median population age has been listed at 36 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
-
Studio Median Rent
-
1BR Median Rent
-
2BR Median Rent
$5,175
3BR Median Rent
PUBLIC TRANSIT
47
SEVEN LOCKS RD & INVERNESS RIDGE RD (830 ft - 3 min walk)
Montgomery County MD Ride On
47
SEVEN LOCKS RD & MUIRFIELD DR (890 ft - 4 min walk)
Montgomery County MD Ride On
47
SEVEN LOCKS RD & SCOTLAND DR (1040 ft - 4 min walk)
Montgomery County MD Ride On
47
SEVEN LOCKS RD & SCOTLAND DR (0.20 mi - 5 min walk)
Montgomery County MD Ride On
47
SEVEN LOCKS RD & TURNING CREEK CT (0.20 mi - 5 min walk)
Montgomery County MD Ride On

Nearby Schools

(within attendance boundary)
Bells Mill Elementary  •  0.26 mi
8225 Bells Mill Rd, Potomac, MD 20854
Public  •  Elementary  •  Grades PK to 5
Montgomery County Public Schools
Cabin John Middle School  •  0.42 mi
10701 Gainsborough Road, Potomac, MD 20854
Public  •  Middle School  •  Grades 6 to 8
Montgomery County Public Schools
Winston Churchill High  •  1.06 mi
11300 Gainsborough Rd, Potomac, MD 20854
Public  •  High School  •  Grades 9 to 12
Montgomery County Public Schools
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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