NOT LISTED FOR SALE

8509 Potomac School Terrace Potomac, MD 20854

Carderock Neighborhood

Estimated Value: $1,489,000 - $2,308,000

4 Beds
3.5 Baths
4,274 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $1,156,000 $270 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $12,646/month

78 Days on Market

Highlights

  • Community Stables
  • Open Floorplan
  • Colonial Architecture
  • Seven Locks Elementary School Rated A
  • Curved or Spiral Staircase
  • Clubhouse

About This Home

As of August 2019

Beautiful Mitchell & Best colonial with bright, open floor plan located on a quiet cul-de-sac in Avenel! Main level includes Hardwood floors, a large eat-in kitchen with breakfast area, family room w/ gas fireplace, formal living & dining rooms, fantastic all glass sunroom leads to deck and spacious backyard, Office/Den & a laundry room/mudroom. Freshly painted, new carpet upstairs, large master bedroom w/morning room, two walk-in closets, luxury master bath w/ dual vanities, oversized shower & relaxing jetted tub. Minutes to Potomac Village, C&O Canal, Shopping, Dining & Commuter Routes.

Last Agent to Sell the Property

Jonathan Karpa

Compass License #SP102471 Listed on: 04/09/2019

Compass

Last Buyer's Agent

Lindsay Lucas

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,002

Year Built

  • Built in 1993

Lot Details

  • 0.5 Acre Lot
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,274 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Space For Rooms

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 312
  • Assessor Parcel Number 161002766370

Community Details

Overview

  • Avenel Community Association, Phone Number (301) 299-5916
  • Avenel Subdivision
  • Property Manager

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Stables
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,002

Year Built

Built in 1993

Lot Details

0

HOA Fees

$423 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1993
  • Remarks Public: Beautiful Mitchell & Best colonial with bright, open floor plan located on a quiet cul-de-sac in Avenel! Main level includes Hardwood floors, a large eat-in kitchen with breakfast area, family room w/ gas fireplace, formal living & dining rooms, fantastic all glass sunroom leads to deck and spacious backyard, Office/Den & a laundry room/mudroom. Freshly painted, new carpet upstairs, large master bedroom w/morning room, two walk-in closets, luxury master bath w/ dual vanities, oversized shower & relaxing jetted tub. Minutes to Potomac Village, C&O Canal, Shopping, Dining & Commuter Routes.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Combination Dining/Living, Crown Moldings, Curved Staircase, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Pantry, Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Unfinished, Space For Rooms, Interior Access, Connecting Stairway
  • Total Sq Ft: 4274
  • Living Area Sq Ft: 4274
  • Price Per Sq Ft: 280.74
  • Above Grade Finished Sq Ft: 4274
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8509

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Upper Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 423.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Pool - Outdoor, Club House, Golf Course Membership Available, Jog/Walk Path, Riding/Stables, Tennis Courts, Tot Lots/Playground
  • HOA Name: AVENEL COMMUNITY ASSOCIATION
  • HOA Phone: 301-299-5916
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SEVEN LOCKS
  • 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: SEVEN LOCKS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 615600.00
  • Land Assessed Value: 717000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21673.00
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: RE2C
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13992133
  • Tax Annual Amount: 16002.00
  • Assessor Parcel Number: 161002766370
  • Tax Lot: 312
  • Tax Total Finished Sq Ft: 4274
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/26/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 26, 2019
Sold by
Holstein Howard M and Holstein Rita
Bought by
Miller Justin and Miller Nicole
Seller's Agent
Jonathan Karpa
Compass
Buyer's Agent
Lindsay Lucas
Compass
List Price
$1,295,000
Sold Price
$1,156,000
Premium/Discount to List
-$139,000
-10.73%
Current Estimated Value
$1,973,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,527
Avg. Annual Appreciation
8.56%
Original Mortgage
$982,600
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Holstein Howard M and Holstein Rita
Bought by
Holstein Howard M and Holstein Rita

Purchase Details

Closed on
Jan 3, 1994
Sold by
Mitchell & Best Homes
Bought by
Holstein Howard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7%

Purchase Details

Closed on
Jul 13, 1993
Sold by
C-I Mitchell & Best Company
Bought by
Mitchell & Best Homes Inc
Source: Public Records

Range of Values:

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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
Miller Justin $1,156,000 Title Town Settlements Llc
Holstein Howard M -- None Available
Holstein Howard M $629,067 --
Mitchell & Best Homes Inc $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Justin A $956,000
Previous Owner Miller Justin $982,600
Previous Owner Holstein Howard M $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $1,156,000 -3.7% $270 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $1,199,900 -7.3% $281 / Sq Ft
04/09/2019 04/09/19 For Sale $1,295,000 -- $303 / 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
2024 $17,002 $1,426,133 $0 $0
2023 $15,535 $1,361,067 $0 $0
2022 $14,137 $1,296,000 $717,000 $579,000
2021 $14,068 $1,296,000 $717,000 $579,000
2020 $14,044 $1,296,000 $717,000 $579,000
2019 $16,003 $1,413,000 $717,000 $696,000
2018 $15,727 $1,386,200 $0 $0
2017 $15,031 $1,359,400 $0 $0
2016 -- $1,332,600 $0 $0
2015 $12,710 $1,277,667 $0 $0
2014 $12,710 $1,222,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC650548

Bright MLS

APN: 10-02766370