NOT LISTED FOR SALE

8504 Potomac School Terrace Potomac, MD 20854

Carderock Neighborhood

Estimated Value: $1,985,437 - $2,459,000

-- Bed
4 Baths
5,456 Sq Ft
$413/Sq Ft Est. Value

About This Home

This home is located at 8504 Potomac School Terrace, Potomac, MD 20854 and is currently estimated at $2,254,609, approximately $413 per square foot. 8504 Potomac School Terrace is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Nakhasi Hira L and Nakhasi Usha
Bought by
Usha Nakhasi Revocable Trust and Hira L Nakhasi Revocable Trust
Current Estimated Value
$2,212,948

Purchase Details

Closed on
Aug 30, 1994
Sold by
Mitchell & Best Homes Inc
Bought by
Nakhasi Hira L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Usha Nakhasi Revocable Trust -- --
Nakhasi Hira L $711,236 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nakhasi Usha $315,000
Previous Owner Nakhasi Hari L $229,000
Previous Owner Nakhasi Usha $240,000
Previous Owner Nakhasi Hira L $150,000
Previous Owner Nakhasi Hira L $500,000
Source: Public Records

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
2024 $18,221 $1,532,033 $0 $0
2023 $16,500 $1,444,767 $0 $0
2022 $14,815 $1,357,500 $682,300 $675,200
2021 $14,722 $1,357,500 $682,300 $675,200
2020 $14,722 $1,357,500 $682,300 $675,200
2019 $16,203 $1,493,900 $682,300 $811,600
2018 $15,863 $1,461,200 $0 $0
2017 $15,791 $1,428,500 $0 $0
2016 -- $1,395,800 $0 $0
2015 $13,112 $1,332,300 $0 $0
2014 $13,112 $1,268,800 $0 $0
Source: Public Records

Map

Maryland Montgomery County Potomac 20854 Carderock

8504 Potomac School Terrace, Potomac, MD

This home is located at 8504 Potomac School Terrace, Potomac, MD 20854 and is currently estimated at $2,254,609, approximately $413 per square foot. 8504 Potomac School Terrace is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

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