NOT LISTED FOR SALE

8000 Postoak Rd Potomac, MD 20854

Estimated Value: $953,000 - $1,194,834

6 Beds
3 Baths
2,954 Sq Ft
$348/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $598,500 $203 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,388/month

36 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Beverly Farms Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

LISTING PRICE IS THE OPENING BID OF THE ON-PREMISES AUCTION SCHEDULED FOR THURSDAY, SEPTEMBER 19TH @ 12:00PM. PROPERTY WILL BE AVAILABLE FOR VIEWING AT 11:00 DAY OF AUCTION-- Incredible opportunity to own in Potomac, MD. Motivated Seller. Basement is a renovated 2BR/1BA apartment w/ own entrance, updated kitchen, W/D, and storage... ready to rent!!! Convenient to I-270, I-495, and walking distance to multiple bus stops. Heating/Cooling/Electrical systems regularly maintained. Lead-free certificate available. Transferable life-time warranty for waterproofing work will be provided to winning bidder. Back-up generator. PRE-AUCTION OFFERS WELCOME!

Last Agent to Sell the Property

Jeffrey Baughman

JHL Auctioneers, LLC Listed on: 08/14/2019

Last Buyer's Agent

Janet Heitkamp

Keller Williams Realty Centre

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,479

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Side Facing Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Potomac Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160400093344

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,479

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1964
  • Remarks Public: LISTING PRICE IS THE OPENING BID OF THE ON-PREMISES AUCTION SCHEDULED FOR THURSDAY, SEPTEMBER 19TH @ 12:00PM. PROPERTY WILL BE AVAILABLE FOR VIEWING AT 11:00 DAY OF AUCTION-- Incredible opportunity to own in Potomac, MD. Motivated Seller. Basement is a renovated 2BR/1BA apartment w/ own entrance, updated kitchen, W/D, and storage... ready to rent!!! Convenient to I-270, I-495, and walking distance to multiple bus stops. Heating/Cooling/Electrical systems regularly maintained. Lead-free certificate available. Transferable life-time warranty for waterproofing work will be provided to winning bidder. Back-up generator. PRE-AUCTION OFFERS WELCOME!
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3376
  • Living Area Sq Ft: 2954
  • Price Per Sq Ft: 296.21
  • Above Grade Finished Sq Ft: 1688
  • Below Grade Finished Sq Ft: 1266
  • Below Grade Sq Ft: 422
  • Total Below Grade Sq Ft: 1688
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8000

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 4
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 6
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

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: 245000.00
  • Land Assessed Value: 365600.00
  • Land Use Code: 011
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11570.00
  • Year Assessed: 2019
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13812503
  • Tax Annual Amount: 7479.00
  • Assessor Parcel Number: 160400093344
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2954
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 10/11/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 11, 2019
Sold by
Wyron Sheila and Wyron Benny
Bought by
Chang Yung Hsien James and Chang Hoshing W
Seller's Agent
Jeffrey Baughman
JHL Auctioneers, LLC
Buyer's Agent
Janet Heitkamp
Keller Williams Realty Centre
List Price
$500,000
Sold Price
$598,500
Premium/Discount to List
$98,500
19.7%
Current Estimated Value
$1,027,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,209
Avg. Annual Appreciation
9.69%
Original Mortgage
$478,800
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Chang Yung Hsien James $598,500 Hutton Patt T&E Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Yung Hsien J $480,000
Closed Chang Yung Hsien James $478,800
Previous Owner Wyron Benny $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $598,500 +19.7% $203 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $500,000 -- $169 / 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 $9,461 $840,200 -- --
2024 $9,461 $757,200 $0 $0
2023 $8,473 $674,200 $402,100 $272,100
2022 $7,975 $663,400 $0 $0
2021 $7,784 $652,600 $0 $0
2020 $7,625 $641,800 $402,100 $239,700
2019 $6,787 $631,400 $0 $0
2018 $6,659 $621,000 $0 $0
2017 $6,561 $610,600 $0 $0
2016 -- $590,167 $0 $0
2015 $5,894 $569,733 $0 $0
2014 $5,894 $549,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC674172

Bright MLS

APN: 04-00093344