NOT LISTED FOR SALE

8305 Raymond Ln Potomac, MD 20854

Estimated Value: $1,052,000 - $1,104,000

5 Beds
4.5 Baths
3,227 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $700,000 $217 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,477/month

Highlights

  • Open Floorplan
  • Deck
  • 1 Fireplace
  • Beverly Farms Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2018

Wide-open home features 5 levels of living space. Bonus carport room expands main level living area. Upper 2 levels w/ five bedrooms & two full bathrooms. Steps down from main level is large family room w/ WB fireplace & updated full bathroom. This room walks out to a beautiful flat yard. 2 storage sheds. Spacious deck off kitchen. Walk to public and private schools, Convenient for commuters.

Last Agent to Sell the Property

David Engel

(240) 620-4783 david@davidengelrealty.com Redfin Corp License #644312 Listed on: 05/04/2018

Redfin Corp

Last Buyer's Agent

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,622

Year Built

  • Built in 1965

Lot Details

  • 9,109 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned R90

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Flood Lights
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

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 21
  • Assessor Parcel Number 160400099226

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,622

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2018-05-05
  • Year Built: 1965
  • Remarks Public: Wide-open home features 5 levels of living space. Bonus carport room expands main level living area. Upper 2 levels w/ five bedrooms & two full bathrooms. Steps down from main level is large family room w/ WB fireplace & updated full bathroom. This room walks out to a beautiful flat yard. 2 storage sheds. Spacious deck off kitchen. Walk to public and private schools, Convenient for commuters.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Washer, Dryer, Oven/Range - Gas, Refrigerator, Central Vacuum
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3287
  • Living Area Sq Ft: 3227
  • Price Per Sq Ft: 307.69
  • Above Grade Finished Sq Ft: 2145
  • Below Grade Finished Sq Ft: 1082
  • Below Grade Sq Ft: 60
  • Total Below Grade Sq Ft: 1142
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8305

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed, Shed Shop
  • Construction Materials: Combination, Brick
  • Exterior Features: Flood Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Refuse: 275.11
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 273000.00
  • Land Assessed Value: 369500.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.21
  • Lot Size Area: 9109
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9109.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level
  • Year Assessed: 2018
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13812945
  • Tax Annual Amount: 7622.47
  • Assessor Parcel Number: 160400099226
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2145
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 06/29/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 25, 2018
Sold by
Baltimore Susan E and Beck Robert A
Bought by
Candido Carlos Eduardo and Cuellar Patricia Landaeta
Seller's Agent
David Engel
Redfin Corp
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$660,000
Sold Price
$700,000
Premium/Discount to List
$40,000
6.06%
Current Estimated Value
$1,078,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,033
Avg. Annual Appreciation
6.10%
Original Mortgage
$560,000
Outstanding Balance
$484,306
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$593,727
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
Candido Carlos Eduardo $700,000 Gpn Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candido Carlos Eduardo $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $700,000 +6.1% $217 / Sq Ft
05/07/2018 05/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $660,000 -- $205 / 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 $9,143 $786,600 -- --
2024 $9,143 $735,500 $0 $0
2023 $7,836 $684,400 $369,500 $314,900
2022 $7,301 $670,433 $0 $0
2021 $7,078 $656,467 $0 $0
2020 $6,887 $642,500 $369,500 $273,000
2019 $6,858 $642,500 $369,500 $273,000
2018 $6,844 $642,500 $369,500 $273,000
2017 $6,930 $655,700 $0 $0
2016 -- $626,400 $0 $0
2015 $6,219 $597,100 $0 $0
2014 $6,219 $567,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000448448

Bright MLS

APN: 04-00099226