12124 Gatewater Dr, Potomac, MD 20854 Property Records

Montgomery County property record for 12124 Gatewater Dr, Potomac, MD 20854 · Last verified August 2026

Property Summary

Property Type	Townhouse
Details	3.5 ba · 2,773 sqft · built 1984
Lot Size	0.083 acres (3,610 sqft)
Owner	Company Name on File
Tax Bill	$9,062 (2025)
Flood Zone	Zone X (minimal risk)
APN	`10-02332762`

Property Details

APN / Parcel Number

Primary APN	`10-02332762`
Alternative APN	`02332762`

Interior

Full Baths	3.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	2,773 sqft Living Area
Gross Area	3,073 sqft
1st Floor Area	1,349 sqft
Basement Area	300 sqft
Finished Basement	300 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1984
Effective Year Built	Effective 1984
Architectural Style	Townhouse
Exterior Material	Combination
Construction Type	Frame
Roof Material	Composition Shingle
Lot Area	3,610 sqft (0.083 acres)
Garage Type	Attached
Garage Area	300 sqft
Parking Spaces	1 Parking Space
Porch	Open Porch
Porch Area	80 sqft
Deck Area	246 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Account Number	02332762
Street Address	12124 GATEWATER DR
City	POTOMAC
State	MD
Zip	20854-2873
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Townhouse
Legal Description	FALLSBERRY
Legal Subdivision	FALLSBERRY
Legal Block	B
Legal Lot Number	8
Jurisdiction	MONTGOMERY MD
Township / Civil Division	10
Census Block Group	3
Census Block	3008
Census Tract	706007

Owner

Source: Montgomery County records · APN 10-02332762

Assessment roll updated August 17, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on File
Mailing Address	12124 GATEWATER DR, POTOMAC, MD 20854-2873
Owner Type	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Apr 08, 2003
Deed Sale	Apr 08, 2003
Prior Sale	Feb 09, 2000 · Amount on Record
Deed Document Number	2003267759
Transfer Doc	0000267759
Record Updated	Sep 20, 2026

Tax Assessment & Valuation

Source: Montgomery County records · Assessment roll updated August 17, 2026 · Last verified August 2026

Property Jurisdictions

Type	Name
State	Maryland
County	Montgomery County
Unified School District	Montgomery County Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$787,233 (+0.03%)	$787,700 (+0.09%) Land $250,000 Building $537,700
2025	$9,062.00 (+31.41%)	$787,000 (+14.31%) Land $250,000 Building $537,000	$787,000 (-) Land $250,000 Building $537,000
2023		$688,467	$787,000 Land $250,000 Building $537,000
2022	$6,896.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Montgomery County (24031C), updated April 12, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 240317060073, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Minimal
500-Year Floodplain	No
Flood Insurance Cost	Premium on Record median of 6 individual NFIP policies nearby
Nearby Flood Policies	6 in force 6 of 6 on primary residences
Nearby Flood Claims	4 (2019–2022)
Claims Outside the SFHA	4 of 4
Most Recent Claim	May 2022

Wildfire

Wildfire Risk	Low above 20% of the US · above 41% of Maryland
Wildfire Likelihood	About 1 in 10,000 per year
Exposure	Direct burnable vegetation at the parcel

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.