NOT LISTED FOR SALE

8324 Raymond Ln Potomac, MD 20854

Potomac Area

Estimated Value: $1,211,000 - $1,567,477

7 Beds
5 Baths
5,327 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2019

Last sale price $730,000 $137 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,534 / mo

16 Days on Market

Highlights

  • Deck
  • Traditional Floor Plan
  • Space For Rooms
  • Beverly Farms Elementary School Rated A
  • Wood Flooring
  • Attic

About This Home

As of July 2019

$50K PRICE REDUCTION! Welcome to this expansive 5 level, 7 BR/5 BA home w over 4,500 finished s/f nestled just steps from the award winning Churchill HS. This split level home has been expanded & can accommodate a large family, multi-generational family, or to take advantage of the active rental license & generate income from the lower level bedrooms. The main entry floor boasts an open floorplan w living room/dining room combo w recessed lighting & a sliding glass door to the inviting deck overlooking the gorgeously manicured fenced yard. Adjoining the dining room is a spacious eat-in kitchen w granite counters, SS appliances & side entrance. The first upper level features a spacious master suite w vaulted ceiling, recessed lighting & an updated master bath w custom tilework. There are also 3 additional bedrooms, each w hardwood floors & a full bath on this floor. The second upper level boasts an additional bedroom with en-suite bath, second laundry room & a bright & inviting family room equipped w the first of 2 fireplaces. Proceeding downstairs, find access to the lower suites & a full bath and a laundry closet. The lower level provides a separate entrance from the private driveway & has an expansive suite complete w 2 bedrooms, a full bath, 2nd kitchen w dining area & a living room with fireplace. This unique lower level can be used as the ultimate entertainment space or the new owner can take advantage of the county permit for this to be used as a rental apartment, if desired. Located just minutes from shopping, parks & major commuter routes, this property is the perfect place to call home!

Last Agent to Sell the Property

Mr. Eric Stewart

(301) 424-0900 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc. Listed on: 05/16/2019

Long & Foster Real Estate, Inc.

Co-Listed By

Jim Beckley

(301) 424-0900 jim@capitalcrestgroup.com Long & Foster Real Estate, Inc. License #648294

Last Buyer's Agent

Robert Qawar

(301) 424-0900 robertqawargroup@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,381

Year Built

  • Built in 1965 | Remodeled in 2008

Lot Details

  • 9,050 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Back Yard Fenced and Front Yard
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Traditional Floor Plan
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Gas Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Space For Rooms
  • Basement Windows

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • 1 Attached Carport Space
  • Driveway
  • On-Street Parking

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar owned by a third party
  • Deck

Community Details

  • No Home Owners Association
  • Regency Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160400100543

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,381

Year Built

Built in 1965 | Remodeled in 2008

Lot Details

9,050 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1965
  • Year Renovated: 2008
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven/Range - Electric, Washer, Refrigerator, Oven/Range - Gas, Water Heater, Range Hood, Stainless Steel Appliances
  • Flooring Type: Carpet, Hardwood, Laminated
  • Interior Amenities: Attic, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Stall Shower, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: Other
  • Room List: Living Room, Dining Room, Kitchen, Laundry
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Fully Finished, Heated, Interior Access, Outside Entrance, Side Entrance, Space For Rooms, Walkout Level, Windows
  • Laundry Type: Has Laundry, Upper Floor, Lower Floor, Washer In Unit
  • Total Sq Ft: 5585
  • Living Area Sq Ft: 5327
  • Price Per Sq Ft: 179.94
  • Above Grade Finished Sq Ft: 4168
  • Below Grade Finished Sq Ft: 1159
  • Below Grade Sq Ft: 258
  • Total Below Grade Sq Ft: 1417
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Lower Level Full Bathrooms: 2
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Vinyl Siding
  • Exterior Features: Street Lights
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Open Parking Spaces Count: 5
  • Parking Features: Concrete Driveway
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway, On Street, Attached Carport

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Window Unit(s), Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Fiber Optics Available, Natural Gas Available, Phone, Sewer Available, Water Available, Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Privacy, Wood
  • Improvement Assessed Value: 548000.00
  • Land Assessed Value: 351400.00
  • Lot Features: Front Yard, Landscaping, Private, Rear Yard
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9050.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R90
  • In City Limits: No

Green Features

  • Green Power: Pv Solar Array(s) Leased
  • Clean Green Assessed: No
  • Green Remarks: Solar panels leased through Solar City/Tesla. See lease agreement in disclosures

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13899285
  • Tax Annual Amount: 10381.00
  • Assessor Parcel Number: 160400100543
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Bought by
Current Estimated Value
$1,376,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0315%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
Jul 10, 2019
Sold by
Bought by
Seller's Agent
Mr. Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Robert Qawar
Long & Foster Real Estate, Inc.
List Price
$800,000
Sold Price
$730,000
Premium/Discount to List
-$70,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$693,500
Interest Rate
0.045%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Gazaille Ruth Ann
$730,000 Rgs Title Llc
$410,000 --
$223,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $177,886
Previous Owner $825,000
Previous Owner $693,500
Previous Owner $15,000
Previous Owner $520,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $730,000 -2.7% $137 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $750,000 -6.3% $141 / Sq Ft
05/16/2019 05/16/19 For Sale $800,000 -- $150 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,410 $1,077,800
2024 $12,430 $1,027,000 $0 $0
2023 $11,135 $976,200 $369,100 $607,100
2022 $10,358 $952,933 $0 $0
2021 $10,033 $929,667 $0 $0
2020 $9,745 $906,400 $369,100 $537,300
2019 $9,690 $904,067 $0 $0
2018 $9,656 $901,733 $0 $0
2017 $9,622 $899,400 $0 $0
2016 -- $864,567 $0 $0
2015 $7,405 $829,733 $0 $0
2014 $7,405 $794,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC658370

Bright MLS

APN: 04-00100543

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