NOT LISTED FOR SALE

8012 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,893,131 - $2,169,000

5 Beds
3 Baths
3,240 Sq Ft
$625/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $1,725,000 $532 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $12,149/month

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Attached Garage
  • Carderock Springs Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

This home is located at 8012 Horseshoe Ln, Potomac, MD 20854 since 13 December 2021 and is currently estimated at $2,025,783, approximately $625 per square foot. This property was built in 1973. 8012 Horseshoe Ln is a home located in Montgomery County with nearby schools including Marion Elementary School, Carderock Springs Elementary School, and Linden Middle School.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 12/13/2021

Last Buyer's Agent

Erich Cabe

(202) 320-6469 erichcabe@gmail.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,230

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,240 Sq Ft Home
  • Property has 3 Levels
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161000893517

Community Details

Overview

  • No Home Owners Association
  • River Falls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,230

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3240
  • Living Area Sq Ft: 3240
  • Price Per Sq Ft: 492.28
  • Above Grade Finished Sq Ft: 3240
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • 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 Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 533100.00
  • Land Assessed Value: 503200.00
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15116.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983520
  • Tax Annual Amount: 12230.00
  • Assessor Parcel Number: 161000893517
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jul 26, 2021
Sold by
Shaffer Gerald W and Shaffer Renee L
Bought by
Varga Stephan and Varga Michelle C
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Erich Cabe
Compass
List Price
$1,595,000
Sold Price
$1,725,000
Premium/Discount to List
$130,000
8.15%
Current Estimated Value
$2,025,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,783
Avg. Annual Appreciation
3.76%
Original Mortgage
$1,380,000
Outstanding Balance
$1,254,847
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$770,936

Purchase Details

Closed on
Jun 26, 2006
Sold by
Sisk Marcus W and Sisk E S
Bought by
Shaffer Gerald W and Shaffer Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2006
Sold by
Sisk Marcus W and Sisk E S
Bought by
Shaffer Gerald W and Shaffer Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Varga Stephan $1,725,000 Paragon Title & Escrow Co
Shaffer Gerald W $1,300,000 --
Shaffer Gerald W $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varga Stephan $1,380,000
Previous Owner Shaffer Gerald W $550,000
Previous Owner Shaffer Gerald W $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 For Sale $1,595,000 -7.5% $492 / Sq Ft
07/27/2021 07/27/21 Sold $1,725,000 -- $532 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
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 $17,799 $1,725,000 $503,200 $1,221,800
2024 $17,799 $1,495,433 $0 $0
2023 $14,552 $1,155,600 $0 $0
2022 $11,271 $1,036,300 $503,200 $533,100
2021 $22,476 $1,036,300 $503,200 $533,100
2020 $11,178 $1,036,300 $503,200 $533,100
2019 $11,539 $1,070,900 $503,200 $567,700
2018 $11,349 $1,052,567 $0 $0
2017 $11,293 $1,034,233 $0 $0
2016 -- $1,015,900 $0 $0
2015 $9,022 $970,767 $0 $0
2014 $9,022 $925,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2000530

Bright MLS

APN: 10-00893517