NOT LISTED FOR SALE

8402 Bells Ridge Terrace Potomac, MD 20854

Estimated Value: $994,000 - $1,061,000

4 Beds
3.5 Baths
2,572 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $832,000 $323 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,477/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Attic
  • Bells Mill Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of March 2021

Welcome to this rarely available home in the Bells Mill Estates! This charming former builder's model home is light-filled throughout and backs to trees. The main level hosts a welcoming foyer, a large eat-in kitchen, dining room, living room, and a two-sided gas fireplace that opens to an extended family room overlooking the private backyard and trees. The upper has a spacious master suite with an attached bath and walk-in closet. There are two additional bedrooms and a hall bath on this level. The finished walk-out basement has a recreation room, a bedroom, a full bath, access to the garage, and utilities. a 2 car garage and driveway, and plentiful guest parking in the community. Enhanced community amenities and excellent schools. Current owners loved walking kids to all three schools, outdoor pool, and Cabin John shopping! Won’t last long! The offer review is on Sunday, March 14, 2021, at 5 p.m.

Last Agent to Sell the Property

Mandy Kaur

Redfin Corp License #SP98360618 Listed on: 03/08/2021

Redfin Corp

Last Buyer's Agent

Helena Pulyaeva

RE/MAX Realty Services

RE/MAX Realty Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,312

Year Built

  • Built in 1995

Lot Details

  • 2,250 Sq Ft Lot

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry

Schools

  • Bells Mill Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • Association fees include trash
  • Potomac Regency HOA, Phone Number (301) 495-6619
  • Bells Mill Estates Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 161002982796

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,312

Year Built

Built in 1995

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-03-09
  • Year Built: 1995
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to this rarely available home in the Bells Mill Estates! This charming former builder's model home is light-filled throughout and backs to trees. The main level hosts a welcoming foyer, a large eat-in kitchen, dining room, living room, and a two-sided gas fireplace that opens to an extended family room overlooking the private backyard and trees. The upper has a spacious master suite with an attached bath and walk-in closet. There are two additional bedrooms and a hall bath on this level. The finished walk-out basement has a recreation room, a bedroom, a full bath, access to the garage, and utilities. a 2 car garage and driveway, and plentiful guest parking in the community. Enhanced community amenities and excellent schools. Current owners loved walking kids to all three schools, outdoor pool, and Cabin John shopping! Won’t last long! The offer review is on Sunday, March 14, 2021, at 5 p.m.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Table Space, Pantry, Primary Bath(s), Recessed Lighting, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Rear Entrance, Walkout Level
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 3172
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 371.82
  • Above Grade Finished Sq Ft: 2122
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 600
  • Total Below Grade Sq Ft: 1050
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8402

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Built In
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

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

  • HOA Fees: 78.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA Name: POTOMAC REGENCY
  • HOA Phone: (301) 495-6619
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BELLS MILL
  • Middle School: CABIN JOHN
  • High School: WINSTON CHURCHILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: BELLS MILL
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 371200.00
  • Land Assessed Value: 375000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2250.00
  • Year Assessed: 2021
  • Zoning: R90
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13992870
  • Tax Annual Amount: 8312.00
  • Assessor Parcel Number: 161002982796
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 2572
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Mar 31, 2021
Sold by
Gordon Mary A and Mary A Gordon Revocable Trust
Bought by
Bute Gusaim Anatoli and Matova Inessa
Seller's Agent
Mandy Kaur
Redfin Corp
Buyer's Agent
Helena Pulyaeva
RE/MAX Realty Services
List Price
$789,000
Sold Price
$832,000
Premium/Discount to List
$43,000
5.45%
Current Estimated Value
$1,032,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,359
Avg. Annual Appreciation
5.23%
Original Mortgage
$790,400
Outstanding Balance
$715,180
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$327,157

Purchase Details

Closed on
Oct 31, 2017
Sold by
Gordon Maryann and Gordon Mary A
Bought by
Gordon Mary A and Mary A Gordon Revocable Trust

Purchase Details

Closed on
Feb 22, 2011
Sold by
Krack Tsue S
Bought by
Gordon Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Krack Tsue S
Bought by
Gordon Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1996
Sold by
Stanley & Martin Bells Mill Ii
Bought by
Krack Tsue S
Source: Public Records

Range of Values:

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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
Bute Gusaim Anatoli $832,000 First American Title Ins Co
Gordon Mary A -- None Available
Gordon Maryann $700,000 --
Gordon Maryann $700,000 --
Krack Tsue S $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bute Gusaim Anatoli $790,400
Previous Owner Gordon Maryann $299,000
Previous Owner Gordon Maryann $375,000
Previous Owner Gordon Maryann $417,000
Previous Owner Gordon Maryann $417,000
Previous Owner Krack Tsue S $405,000
Previous Owner Krack Tsue S $300,000
Previous Owner Krack Tsue S $250,000
Previous Owner Krack Tsue S $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $832,000 +5.4% $323 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $789,000 -- $307 / 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 $9,425 $796,700 $375,000 $421,700
2024 $9,425 $779,867 $0 $0
2023 $8,519 $763,033 $0 $0
2022 $7,950 $746,200 $375,000 $371,200
2021 $15,631 $739,133 $0 $0
2020 $15,429 $732,067 $0 $0
2019 $7,620 $725,000 $375,000 $350,000
2018 $7,794 $705,500 $0 $0
2017 $7,815 $686,000 $0 $0
2016 $6,906 $666,500 $0 $0
2015 $6,906 $656,600 $0 $0
2014 $6,906 $646,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC744418

Bright MLS

APN: 10-02982796