NOT LISTED FOR SALE

8504 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,308,000 - $1,504,000

4 Beds
3.5 Baths
2,508 Sq Ft
$545/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $900,000 $359 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,248/month

20 Days on Market

Highlights

  • 2 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Morton Elementary School Rated A-
  • Rambler Architecture
  • 2 Fireplaces

About This Home

As of March 2018

Updated 2 level rambler in Potomac Ranch. Minutes to Clara Barton, C&O Canal and NOVA/DC. House sits on 2 Acres w/Gated Entry, Renovated Kitchen w/Family Room w/High Ceil.,Stainless Appliances,Hwd Flrs,Recessed Lighting, and Updated Bath. Lower Level has full bath w/ yoga studio. Yoga Studio can be converted back to a full bedroom. Property is being sold strictly as is. Tenants lease end 7/31/18.

Last Agent to Sell the Property

Jeremy Rosenthal

(301) 461-5630 jeremy.rosenthal@lnf.com Long & Foster Real Estate, Inc. License #652922 Listed on: 01/02/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mandy Rehm

(240) 838-0672 sweethomebymandy@yahoo.com RE/MAX Realty Group License #589407

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,265

Year Built

  • Built in 1965

Lot Details

  • 2 Acre Lot
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rambler Architecture
  • Wood Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Ranch Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161000851672

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,265

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1965
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Upgraded Countertops, Crown Moldings, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Daylight, Partial, Full, Fully Finished, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination
  • Pool Private: No
  • Roof: Wood
  • 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
  • Parking Features: Garage, Paved Driveway, Attached
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security Gate
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 315600.00
  • Land Assessed Value: 616000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Attached Yn: No
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979841
  • Tax Annual Amount: 11265.37
  • Assessor Parcel Number: 161000851672
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 28, 2018
Sold by
Genysys Llc
Bought by
Pang Rachel
Seller's Agent
Jeremy Rosenthal
Long & Foster Real Estate, Inc.
Buyer's Agent
Mandy Rehm
RE/MAX Realty Group
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%
Current Estimated Value
$1,366,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,391
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Potarazu Lalita J
Bought by
Genysys Llc

Purchase Details

Closed on
Oct 10, 2011
Sold by
Potarazu Sreedhar V and Potarazu Lalita J
Bought by
Potarazu Lalita J

Purchase Details

Closed on
Oct 26, 2005
Sold by
Dunnavant J R J and Dunnavant Olph
Bought by
Pnc Bank Trustee
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
Pang Rachel $900,000 None Available
Genysys Llc -- None Available
Potarazu Lalita J -- None Available
Pnc Bank Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $900,000 -5.2% $359 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $949,000 0.0% $378 / Sq Ft
01/30/2016 01/30/16 Rented $3,600 -14.3% --
01/30/2016 01/30/16 Under Contract -- -- --
10/31/2015 10/31/15 For Rent $4,200 +10.5% --
04/11/2015 04/11/15 Rented $3,800 -9.5% --
04/11/2015 04/11/15 Under Contract -- -- --
12/05/2014 12/05/14 For Rent $4,200 +6.3% --
08/17/2012 08/17/12 Rented $3,950 -12.2% --
08/15/2012 08/15/12 Under Contract -- -- --
05/06/2012 05/06/12 For Rent $4,500 -- --
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 $12,642 $1,102,300 $550,000 $552,300
2024 $12,642 $1,030,400 $0 $0
2023 $12,467 $958,500 $0 $0
2022 $9,798 $886,600 $550,000 $336,600
2021 $9,728 $886,600 $550,000 $336,600
2020 $9,695 $886,600 $550,000 $336,600
2019 $10,093 $924,900 $616,000 $308,900
2018 $10,103 $924,900 $616,000 $308,900
2017 $11,265 $924,900 $0 $0
2016 -- $931,600 $0 $0
2015 $8,975 $912,167 $0 $0
2014 $8,975 $892,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004388307

Bright MLS

APN: 10-00851672