NOT LISTED FOR SALE

8205 Raymond Ln Potomac, MD 20854

Estimated Value: $974,000 - $1,053,000

5 Beds
3 Baths
2,340 Sq Ft
$429/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $966,000 $413 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,056/month

About This Home

Sought after Regency Estates close to everything: Winston Churchill and Herbert Hoover schools, Cabin John Park, Cabin John Shopping Center, Montgomery Mall, shops and restaurants in Potomac Village. Walk to the area middle and high school for community events. Enjoy Cabin John Park just down Tuckerman. This is the kind of neighborhood where you meet your neighbors out walking in the morning. Raymond Lane is a peaceful, inner street without cut through traffic so if you like "quiet" this is for you!
This home has been loved and improved for the sixteen years that the owners have lived there. They have updated the kitchen and all three bathrooms, put on a roof and deck, improved the flooring and so much more. For the chef, appliances have all been replaced including a gas stove with a built-in air fryer.
The basement has loads of room and part of it is used as an exercise room complete with a second fridge for cold beverages, etc. The floors upstairs have just been refinished and the master has custom closet built-ins. Come and see the improvements; check the disclosures for the year installed. Owner has kept documentation of the improvements and contractors for you. Please see Disclosures or on site in binder. Offers will be presented on Monday, July 17th at 5 PM.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Aug 21, 2023
Sold by
Arias Carlos G and Arias Cecilia G
Bought by
Zhang Haoxiang and Cai Quan
Seller's Agent
Jan Rivera
CASAS Real Estate, Inc.
Buyer's Agent
Ronni Harris
TTR Sotheby's International Realty
List Price
$899,000
Sold Price
$966,000
Premium/Discount to List
$67,000
7.45%
Views
96
Current Estimated Value
$1,022,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,846
Avg. Annual Appreciation
1.62%
Original Mortgage
$760,000
Outstanding Balance
$743,160
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$260,780

Purchase Details

Closed on
Oct 19, 2006
Sold by
Ravin Michael E and Ravin Rachel L
Bought by
Arias Carlos G and Coscaron Arias Cecilia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2006
Sold by
Ravin Michael E and Ravin Rachel L
Bought by
Arias Carlos G and Coscaron Arias Cecilia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Orloff Beverly W Trustee
Bought by
Ravin Michael E and Ravin Rachel L

Purchase Details

Closed on
Jul 6, 2000
Sold by
Orloff Leonard M and Orloff W B
Bought by
Orloff Beverly W Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhang Haoxiang $966,000 Fidelity National Title
Zhang Haoxiang $966,000 Fidelity National Title
Arias Carlos G $620,000 --
Arias Carlos G $620,000 --
Ravin Michael E $394,000 --
Orloff Beverly W Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Haoxiang $760,000
Closed Zhang Haoxiang $760,000
Previous Owner Arias Carlos G $496,000
Previous Owner Arias Carlos G $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $966,000 +7.5% $413 / Sq Ft View Prior Sale
07/18/2023 07/18/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $899,000 -- $384 / Sq Ft

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 $8,494 $760,033 -- --
2024 $8,494 $685,067 $0 $0
2023 $6,917 $610,100 $368,400 $241,700
2022 $6,528 $605,833 $0 $0
2021 $6,335 $601,567 $0 $0
2020 $6,335 $597,300 $368,400 $228,900
2019 $6,307 $597,300 $368,400 $228,900
2018 $6,293 $597,300 $368,400 $228,900
2017 $6,508 $606,300 $0 $0
2016 -- $582,333 $0 $0
2015 $5,970 $558,367 $0 $0
2014 $5,970 $534,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jan Rivera

    CASAS Real Estate, Inc.

    (301) 717-9114

    1 in this area

    25 Total Sales

    Jan Rivera
    Section Image
  • Ronni Harris

    Buyer's Agent in 2023

    Ronni Harris

    TTR Sotheby's International Realty

    (323) 216-2825

    1 in this area

    23 Total Sales

    Ronni Harris
    Section Image
See All Agents

Map

Maryland Montgomery County Potomac 20854

8205 Raymond Ln, Potomac, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes