Seller's Agent in 2019
Marilyn Charity
Washington Fine Properties, LLC
(202) 427-7553
54 Total Sales
8412 Kingsgate Rd Potomac, MD 20854
Estimated Value: $2,681,000 - $3,614,000
6
Beds
8
Baths
8,200
Sq Ft
$385/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Newly Remodeled
- 0.92 Acre Lot
- Carderock Springs Elementary School Rated A
- Eat-In Gourmet Kitchen
- Craftsman Architecture
About This Home
As of November 2019***NEW PRICE*** ALSO AVAILABLE FOR RENT -- Classic Homes of Maryland has continued their new construction excellence in the Kingsgate model sitting on an almost one acre level lot. An impressive arched entrance with full view wrought iron doors, triple crown molding throughout, 3.5 inch oak floors, keystone arches and a gourmet island kitchen with a Thermador appliance package and a surprise. kosher/catering kitchen/butler's pantry. Man level guest su//ite. Six bedrooms, six full and two half baths, two fireplaces and a fully finished lower level with family room, kitchenette, media room, wine cellar, office, gym and in-law suite. Walk to Great Falls Park and River Falls Club.
Last Agent to Sell the Property
Washington Fine Properties, LLC License #577351 Listed on: 09/24/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,509
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 0.92 Acre Lot
- East Facing Home
- Property is in excellent condition
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Home Design
- Craftsman Architecture
- Stone Siding
- HardiePlank Type
Interior Spaces
- 8,200 Sq Ft Home
- Property has 3 Levels
- Traditional Floor Plan
- Crown Molding
- Wainscoting
- Recessed Lighting
- 2 Fireplaces
- Gas Fireplace
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Alarm System
- Washer and Dryer Hookup
Kitchen
- Eat-In Gourmet Kitchen
- Second Kitchen
- Breakfast Area or Nook
- Butlers Pantry
- Kitchen Island
- Upgraded Countertops
- Wine Rack
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Built by Classic Homes of Maryland
- Fawcett Farms Subdivision, Kingsgate Floorplan
Listing and Financial Details
- Tax Lot 12B
- Assessor Parcel Number 161000867690
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2019
Closed on
Nov 27, 2019
Sold by
Lake Potomac Llc
Bought by
Wang Wei and Huang Chunxia
Seller's Agent
Marilyn Charity
Washington Fine Properties, LLC
Buyer's Agent
Xin Wang
Realty Aspire
List Price
$2,189,000
Sold Price
$2,000,000
Premium/Discount to List
-$189,000
-8.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,160,565
Avg. Annual Appreciation
7.13%
Original Mortgage
$1,100,000
Outstanding Balance
$508,775
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$2,462,793
Purchase Details
Closed on
Oct 24, 2014
Sold by
Kennedy Cheryl H and Estate Of William M Howard
Bought by
Lake Potomac Llc
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Wei | $2,000,000 | Icon Title Llc | |
| Lake Potomac Llc | $701,500 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Wei | $1,100,000 | |
| Previous Owner | Howard William M | $61,200 | |
| Previous Owner | Howard William M | $38,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2019 11/29/19 | Sold | $2,000,000 | -4.7% | $244 / Sq Ft |
| 11/20/2019 11/20/19 | Pending | -- | -- | -- |
| 09/29/2019 09/29/19 | Price Changed | $2,099,000 | -4.1% | $256 / Sq Ft |
| 09/24/2019 09/24/19 | For Sale | $2,189,000 | -- | $267 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $26,860 | $2,393,600 | $555,400 | $1,838,200 |
| 2024 | $26,860 | $2,270,633 | $0 | $0 |
| 2023 | $24,725 | $2,147,667 | $0 | $0 |
| 2022 | $22,297 | $2,024,700 | $555,400 | $1,469,300 |
| 2021 | $21,470 | $1,957,033 | $0 | $0 |
| 2020 | $20,697 | $1,889,367 | $0 | $0 |
| 2019 | $20,510 | $1,821,700 | $555,400 | $1,266,300 |
| 2018 | $6,007 | $499,800 | $499,800 | $0 |
| 2017 | $7,545 | $665,400 | $0 | $0 |
| 2016 | -- | $669,000 | $0 | $0 |
| 2015 | $6,606 | $664,300 | $0 | $0 |
| 2014 | $6,606 | $659,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marilyn Charity
-
Xin Wang
Buyer's Agent in 2019
Xin Wang
Realty Aspire
(703) 409-5326
1 in this area
104 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC680322
APN: 10-00867690
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