NOT LISTED FOR SALE

7907 Ivymount Terrace Potomac, MD 20854

Estimated Value: $981,000 - $1,072,000

4 Beds
3.5 Baths
3,129 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $850,000 $272 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,189/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Level Entry For Accessibility
  • Beverly Farms Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2023

This home is located at 7907 Ivymount Terrace, Potomac, MD 20854 since 29 November 2022 and is currently estimated at $1,023,447, approximately $327 per square foot. This property was built in 1968. 7907 Ivymount Terrace is a home located in Montgomery County with nearby schools including Beverly Farms Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

Last Agent to Sell the Property

Nathan Driggers

(202) 731-0974 nathan@driggersre.com Compass Listed on: 11/29/2022

Compass

Last Buyer's Agent

Rebecca Carpenter

(202) 655-7607 rebecca.carpenter@longandfoster.com Long & Foster Real Estate, Inc. License #681830

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,256

Year Built

  • Built in 1968

Lot Details

  • 8,100 Sq Ft Lot
  • Property is zoned R90

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Unfinished Basement
  • Walk-Up Access

Bedrooms and Bathrooms

  • 4 Bedrooms

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Regency Estates Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 160400102735

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,256

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-11-29
  • Year Built: 1968
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs
  • Total Sq Ft: 3586
  • Living Area Sq Ft: 3129
  • Price Per Sq Ft: 335.86
  • Above Grade Finished Sq Ft: 2379
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 457
  • Total Below Grade Sq Ft: 1207
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7907

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 358000.00
  • Land Assessed Value: 343200.00
  • Land Use Code: R
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8100.00
  • Year Assessed: 2022
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13899345
  • Tax Annual Amount: 8256.00
  • Assessor Parcel Number: 160400102735
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 3129
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/03/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Jan 3, 2023
Sold by
Bensimon Simon C
Bought by
Sabel Kassa and Sabel Nebiat Kassahun
Seller's Agent
Nathan Driggers
Compass
Buyer's Agent
Rebecca Carpenter
Long & Foster Real Estate, Inc.
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Current Estimated Value
$1,023,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,447
Avg. Annual Appreciation
6.93%
Original Mortgage
$702,000
Outstanding Balance
$680,210
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$343,237

Purchase Details

Closed on
Jul 21, 1997
Sold by
Siegel Richard A
Bought by
A Simon C and A Bensimon H
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sabel Kassa $850,000 Kvs Title
Sabel Kassa $850,000 Kvs Title
A Simon C $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabel Kassa $702,000
Closed Sabel Kassa $702,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2023 01/03/23 Sold $850,000 +6.4% $272 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $799,000 -- $255 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,154 $783,533 -- --
2024 $9,154 $742,367 $0 $0
2023 $9,350 $701,200 $343,200 $358,000
2022 $7,564 $699,667 $0 $0
2021 $7,430 $698,133 $0 $0
2020 $7,430 $696,600 $343,200 $353,400
2019 $7,402 $696,600 $343,200 $353,400
2018 $7,390 $696,600 $343,200 $353,400
2017 $7,592 $702,700 $0 $0
2016 -- $670,667 $0 $0
2015 $6,657 $638,633 $0 $0
2014 $6,657 $606,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Driggers

    Seller's Agent in 2023

    Nathan Driggers

    Compass

    (202) 731-0974

    3 in this area

    116 Total Sales

    Nathan Driggers
    Section Image
  • Rebecca Carpenter

    Buyer's Agent in 2023

    Rebecca Carpenter

    Long & Foster

    (202) 655-7607

    2 in this area

    36 Total Sales

    Rebecca Carpenter
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2076054

Bright MLS

APN: 04-00102735

Maryland Montgomery County Potomac 20854

7907 Ivymount Terrace, Potomac, MD

This home is located at 7907 Ivymount Terrace, Potomac, MD 20854 since 29 November 2022 and is currently estimated at $1,023,447, approximately $327 per square foot. This property was built in 1968. 7907 Ivymount Terrace is a home located in Montgomery County with nearby schools including Beverly Farms Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

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