NOT LISTED FOR SALE

8510 Victory Ln Potomac, MD 20854

Estimated Value: $1,079,000 - $1,107,000

6 Beds
3.5 Baths
3,346 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $1,070,000 $320 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,758/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Beverly Farms Elementary School Rated A
  • No HOA

About This Home

As of June 2024

Welcome to 8510 Victory Ln ! This beautiful and well maintenance single house comes with tons of natural light, you will love living in this newly updated gem of a home! Plenty of upgrades include: New water heater (2024), Whole house fresh paint (2024) Newer HVAC (2019), Newer Roof (2015/2016), Newer Windows (2015/2016), Gorgeous solid hardwood flooring on upper two levels, The fully finished basement, with outdoor access, offers versatility as a separate living space featuring a full bathroom, ideal for guests, or as a creative entertainment hub and office space. This house even offers a spacious fenced- in back and side yards for endless entertainment and as the place to unwind, hosting gatherings, or firing up the barbecue. The house sits just mins to all three schools in the award-winning Churchill school district! Close to Cabin John Village Shopping Center, Regency Estates Swim Club, Cabin John Regional Park, Westfield Shopping Mall and all that Bethesda/Potomac/Rockville has to offer. Easy access to 495 and I-270 ! Too much to list! It's a MUST SEE!

Last Agent to Sell the Property

Rick Tian

Signature Home Realty LLC Listed on: 04/25/2024

Signature Home Realty LLC

Last Buyer's Agent

Kelly Zhang

Signature Home Realty LLC

Signature Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 1966

Lot Details

  • 8,241 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Stone Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 160400120723

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,089

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-04-25
  • Year Built: 1966
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 8510 Victory Ln ! This beautiful and well maintenance single house comes with tons of natural light, you will love living in this newly updated gem of a home! Plenty of upgrades include: New water heater (2024), Whole house fresh paint (2024) Newer HVAC (2019), Newer Roof (2015/2016), Newer Windows (2015/2016), Gorgeous solid hardwood flooring on upper two levels, The fully finished basement, with outdoor access, offers versatility as a separate living space featuring a full bathroom, ideal for guests, or as a creative entertainment hub and office space. This house even offers a spacious fenced- in back and side yards for endless entertainment and as the place to unwind, hosting gatherings, or firing up the barbecue. The house sits just mins to all three schools in the award-winning Churchill school district! Close to Cabin John Village Shopping Center, Regency Estates Swim Club, Cabin John Regional Park, Westfield Shopping Mall and all that Bethesda/Potomac/Rockville has to offer. Easy access to 495 and I-270 ! Too much to list! It's a MUST SEE!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Outside Entrance
  • Total Sq Ft: 3492
  • Living Area Sq Ft: 3346
  • Price Per Sq Ft: 402.87
  • Above Grade Finished Sq Ft: 2296
  • Below Grade Finished Sq Ft: 1050
  • Below Grade Sq Ft: 146
  • Total Below Grade Sq Ft: 1196
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8510

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEVERLY FARMS
  • Middle School: HERBERT HOOVER
  • 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: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Land Use Code: R
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8241.00
  • Year Assessed: 2023
  • Zoning: R90
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9089.00
  • Assessor Parcel Number: 160400120723
  • Tax Lot: 22
  • Tax Total Finished Sq Ft: 2846
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/05/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 4, 2024
Sold by
Chen Zhong
Bought by
Wang Shuaicheng and Liu Mi
Seller's Agent
Rick Tian
Signature Home Realty LLC
Buyer's Agent
Kelly Zhang
Signature Home Realty LLC
List Price
$925,000
Sold Price
$1,070,000
Premium/Discount to List
$145,000
15.68%
Views
75
Current Estimated Value
$1,098,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,052
Avg. Annual Appreciation
2.48%
Original Mortgage
$670,000
Outstanding Balance
$664,545
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$437,155

Purchase Details

Closed on
Jan 29, 2024
Sold by
Shan Gang and Chen Zhong
Bought by
Chen Zhong

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jan 8, 2016
Sold by
Salles Reese Veronica and Reese Alan R
Bought by
Shan Gang and Chen Zhong
Seller's Agent
Fahima Jewayni
Samson Properties
Buyer's Agent
Carol Schantz
RE/MAX Realty Group
Sold Price
$3,200

Home Financials for this Owner

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

Purchase Details

Closed on
Jul 9, 1992
Bought by
Reese Alan R and Reese S
Source: Public Records

Range of Values:

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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
Wang Shuaicheng $1,070,000 Old Republic National Title
Chen Zhong -- Landmark Title
Shan Gang $689,900 Title One & Escrow Inc
Reese Alan R $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Shuaicheng $357,000
Open Wang Shuaicheng $670,000
Previous Owner Reese Veronica S $250,000
Previous Owner Reese Veronica S $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $1,070,000 +15.7% $320 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $925,000 0.0% $276 / Sq Ft
02/18/2016 02/18/16 Rented $3,200 0.0% --
02/12/2016 02/12/16 Under Contract -- -- --
01/26/2016 01/26/16 For Rent $3,200 0.0% --
01/07/2016 01/07/16 Sold $689,900 -1.4% $221 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
12/01/2015 12/01/15 Price Changed $699,900 -2.8% $224 / Sq Ft
10/23/2015 10/23/15 For Sale $719,900 -- $231 / 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 $8,947 $724,467 $0 $0
2023 $9,089 $678,500 $362,400 $316,100
2022 $7,313 $676,933 $0 $0
2021 $7,179 $675,367 $0 $0
2020 $7,179 $673,800 $362,400 $311,400
2019 $7,008 $660,867 $0 $0
2018 $6,852 $647,933 $0 $0
2017 $6,830 $635,000 $0 $0
2016 -- $613,900 $0 $0
2015 $5,945 $592,800 $0 $0
2014 $5,945 $571,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2129264

Bright MLS

APN: 04-00120723