$680,000
SOLD AUG 30, 2024

8321 Raymond Ln Potomac, MD 20854

4 Beds
3 Baths
2,475 Sq Ft
0.25 Acres

Recently Sold

$275 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • No HOA
  • Beverly Farms Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

NO LOCKBOX ON THIS PROPERTY. NO ACCESS TO THE INTERIOR, THIS IS A TEARDOWN. NO NEED TO GO INSIDE. NO FHA OR CONVENTIONAL LOAN. CASH OFFERS PREFERRED. YOU CAN ONLY WALK THE LOT. CALL LISTING AGENT FOR MORE DETAILS. OFFERS, IF ANY, ARE DUE ON MONDAY AUGUST 12TH AT NOON.

Last Agent to Sell the Property

Michael Webb

RE/MAX Allegiance Listed on: 08/08/2024

RE/MAX Allegiance

Co-Listed By

Claudia Webb

RE/MAX Allegiance

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,885

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R90

Home Design

  • Split Foyer
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

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 25
  • Assessor Parcel Number 160400100805

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,885

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: NO LOCKBOX ON THIS PROPERTY. NO ACCESS TO THE INTERIOR, THIS IS A TEARDOWN. NO NEED TO GO INSIDE. NO FHA OR CONVENTIONAL LOAN. CASH OFFERS PREFERRED. YOU CAN ONLY WALK THE LOT. CALL LISTING AGENT FOR MORE DETAILS. OFFERS, IF ANY, ARE DUE ON MONDAY AUGUST 12TH AT NOON.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2475
  • Living Area Sq Ft: 2475
  • Price Per Sq Ft: 395.86
  • Above Grade Finished Sq Ft: 1642
  • Below Grade Finished Sq Ft: 833
  • Total Below Grade Sq Ft: 833
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8321

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • 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

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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

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

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11007.00
  • Property Condition: Major Rehab Needed
  • Year Assessed: 2024
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7885.00
  • Assessor Parcel Number: 160400100805
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 2475
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/30/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 28, 2025
Sold by
Marham 2 Llc
Bought by
Ostovari Mohammad Reza
Seller's Agent
Pooyan Noori
Realty Advantage of Maryland LLC
Buyer's Agent
Bahram Ghaffari
Keller Williams Capital Properties
List Price
$1,150,000
Sold Price
$1,150,000
Views
91
Current Estimated Value
$1,124,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,436
Avg. Annual Appreciation
-6.37%

Purchase Details

Listed on
Aug 8, 2024
Closed on
Aug 30, 2024
Sold by
Dye Billie H and Hartman Barbara
Bought by
Marham 2 Llc
Seller's Agent
Michael Webb
RE/MAX Allegiance
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.42%
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 Type Sale Price Title Company
Deed $1,150,000 Emerald Title & Escrow Inc
Deed $1,150,000 Emerald Title & Escrow Inc
Warranty Deed $680,000 Universal Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,150,000 0.0% $350 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $1,150,000 +69.1% $350 / Sq Ft
08/30/2024 08/30/24 Sold $680,000 +4.6% $275 / Sq Ft
08/08/2024 08/08/24 For Sale $650,000 -- $263 / 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
2024 $8,526 $687,833 $0 $0
2023 $7,193 $634,100 $381,300 $252,800
2022 $6,840 $634,100 $381,300 $252,800
2021 $6,833 $634,100 $381,300 $252,800
2020 $6,833 $642,500 $381,300 $261,200
2019 $6,762 $638,533 $0 $0
2018 $6,704 $634,567 $0 $0
2017 $6,781 $630,600 $0 $0
2016 -- $606,200 $0 $0
2015 $6,049 $581,800 $0 $0
2014 $6,049 $557,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2143352

Bright MLS

APN: 04-00100805