NOT LISTED FOR SALE

8501 Old Seven Locks Rd Bethesda, MD 20817

Seven Locks Neighborhood

Estimated Value: $1,404,000 - $1,530,000

5 Beds
4.5 Baths
2,955 Sq Ft
$490/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $900,000 $305 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,748/month

201 Days on Market

Highlights

  • Gourmet Country Kitchen
  • View of Trees or Woods
  • Open Floorplan
  • Morton Elementary School Rated A-
  • 1.48 Acre Lot
  • Deck

About This Home

As of February 2016

5 bedroom, 4-1/2 bath stone and brick contemporary. Special Custom home in great condition. Easy access to 495, great schools, large lot. Lot contains extra parcel P401, 18,877 sq. ft. If you love contemporary style you will be amazed at this property.

Last Agent to Sell the Property

Margaret Mary Mancuso

(301) 996-5953 Peggym9@aol.com TTR Sotheby's International Realty Listed on: 07/16/2015

TTR Sotheby's International Realty

Last Buyer's Agent

Margaret Mary Mancuso

(301) 996-5953 Peggym9@aol.com TTR Sotheby's International Realty Listed on: 07/16/2015

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,525

Year Built

  • Built in 1967

Lot Details

  • 1.48 Acre Lot
  • Landscaped
  • Extensive Hardscape
  • Premium Lot
  • Property is zoned R200

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Views of Woods

Kitchen

  • Gourmet Country Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Shelving
  • Basement Windows

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Terrace

Schools

  • Seven Locks Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161000856732

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,525

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1967
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Country, Kitchen - Table Space, Kitchen - Island, Kitchen - Gourmet, Dining Area, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Family Room, Den, Foyer, Study, Sun/Florida Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Daylight, Full, Full, Fully Finished, Heated, Improved, Outside Entrance, Shelving, Walkout Level, Windows, Sump Pump
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick, Stone
  • Exterior Features: Extensive Hardscape
  • Pool Private: No
  • Roof: Asphalt
  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 2
  • Garage: No
  • Open Parking Spaces Count: 2
  • Parking Features: Carport, Paved Driveway, Paved Driveway
  • Attached Carport Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Carport

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Electric Alarm, Main Entrance Lock, Smoke Detector, Security System
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: SEVEN LOCKS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Improvement Assessed Value: 424200.00
  • Land Assessed Value: 544800.00
  • Lot Features: Landscaping, Premium
  • Lot Size Acres: 1.48
  • Lot Size Area: 64574
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 64574.00
  • Outdoor Living Structures: Deck(s), Patio(s), Terrace, Screened
  • Property Attached Yn: No
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980165
  • Tax Annual Amount: 10524.60
  • Assessor Parcel Number: 161000856732
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Feb 26, 2016
Sold by
Martin Arline L
Bought by
Fornasini Gianfranco and Maggioni Liliana
Seller's Agent
Margaret Mary Mancuso
TTR Sotheby's International Realty
Buyer's Agent
Margaret Mary Mancuso
TTR Sotheby's International Realty
List Price
$1,200,000
Sold Price
$900,000
Premium/Discount to List
-$300,000
-25%
Current Estimated Value
$1,449,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,315
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Martin Malcolm M and Martin L A
Bought by
Martin Arline L

Purchase Details

Closed on
Feb 18, 2011
Sold by
Martin Malcolm M and Martin L A
Bought by
Martin Arline L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fornasini Gianfranco $900,000 Rgs Title Llc
Martin Arline L -- --
Martin Arline L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $900,000 -25.0% $305 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $1,200,000 0.0% $406 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,200,000 -- $406 / 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 $13,408 $1,173,000 $544,800 $628,200
2024 $13,408 $1,094,167 $0 $0
2023 $11,775 $1,015,333 $0 $0
2022 $10,356 $936,500 $544,800 $391,700
2021 $9,970 $924,333 $0 $0
2020 $9,970 $912,167 $0 $0
2019 $9,801 $900,000 $544,800 $355,200
2018 $9,793 $900,000 $544,800 $355,200
2017 $9,968 $900,000 $0 $0
2016 -- $969,000 $0 $0
2015 $8,915 $933,967 $0 $0
2014 $8,915 $898,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002355557

Bright MLS

APN: 10-00856732