NOT LISTED FOR SALE

8512 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,354,000 - $2,391,000

4 Beds
3 Baths
3,140 Sq Ft
$634/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $999,900 $318 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $11,987/month

5 Days on Market

Highlights

  • 2 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Morton Elementary School Rated A-
  • Traditional Floor Plan
  • Attic

About This Home

As of January 2021

*** Here is the Last Best Deal in Potomac *** Open house this Saturday/ December/ 19th & Sunday December/ 20th from 1-4 PM *** A must see LOCATION !!"" Very Charming & Cozy Cape Cod on a Private & Wooded 2 acres, Remodeled with taste, Granite counter tops, ceramic floorings, Stainless Steel appliances, only a few miles to Potomac Village & 6 miles away from Tysons Corner & 3 miles away from Bethesda & Approximately 13 miles away from Georgetown Washington DC!

Last Agent to Sell the Property

Ashton Vessali

(301) 502-7123 alexzy007@aol.com Compass License #0225164718 Listed on: 12/18/2020

Compass

Last Buyer's Agent

Kari Wilner

(301) 908-9111 kwilner@ttrsir.com TTR Sotheby's International Realty License #300546

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,387

Year Built

  • Built in 1965

Lot Details

  • 2 Acre Lot
  • West Facing Home
  • Property is in average condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Septic Less Than The Number Of Bedrooms

Community Details

  • No Home Owners Association
  • Potomac Ranch Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161000855588

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,387

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1965
  • Automatically Close On Close Date: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Attic, Floor Plan - Traditional, Kitchen - Eat-In, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Level
  • Total Sq Ft: 3510
  • Living Area Sq Ft: 3140
  • Price Per Sq Ft: 427.31
  • Above Grade Finished Sq Ft: 2340
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 370
  • Total Below Grade Sq Ft: 1170
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Composite
  • Spa: No
  • 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
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic < # Of Br
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 287000.00
  • Land Assessed Value: 616000.00
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Condition: Average
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980091
  • Tax Annual Amount: 10387.00
  • Assessor Parcel Number: 161000855588
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 6, 2021
Sold by
Zandieh Mostafa and Ghaderian Negar
Bought by
Dubinsky Brad and Dubinsky Maurian
Seller's Agent
Ashton Vessali
Compass
Buyer's Agent
Kari Wilner
TTR Sotheby's International Realty
List Price
$999,900
Sold Price
$999,900
Current Estimated Value
$1,990,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,824
Avg. Annual Appreciation
15.15%
Original Mortgage
$60,000
Outstanding Balance
$53,446
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,937,278

Purchase Details

Listed on
Aug 8, 2014
Closed on
Feb 24, 2015
Sold by
Kittredge O Donnell Joyce A O and Kittredge Rita A
Bought by
Zanidieh Mostafa and Ghaderian Negar
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Ashton Vessali
Compass
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$500,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage
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
Dubinsky Brad $999,900 Paragon Title & Escrow Co
Zanidieh Mostafa $850,000 Passport Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dubinsky Brad $60,000
Previous Owner Zanidieh Mostafa $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2021 01/06/21 Sold $999,900 0.0% $318 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $999,900 +17.6% $318 / Sq Ft
02/24/2015 02/24/15 Sold $850,000 -2.9% $363 / Sq Ft View Prior Sale
02/06/2015 02/06/15 For Sale $875,000 0.0% $374 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
11/14/2014 11/14/14 Price Changed $875,000 -7.8% $374 / Sq Ft
08/08/2014 08/08/14 For Sale $949,000 -- $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 $18,061 $1,535,300 $550,000 $985,300
2024 $18,061 $1,518,867 $0 $0
2023 $7,278 $550,000 $550,000 $0
2022 $5,617 $550,000 $550,000 $0
2021 $9,814 $909,867 $0 $0
2020 $10,369 $906,433 $0 $0
2019 $9,695 $903,000 $616,000 $287,000
2018 $9,705 $903,000 $616,000 $287,000
2017 $10,174 $903,000 $0 $0
2016 $9,483 $909,300 $0 $0
2015 $9,483 $891,567 $0 $0
2014 $9,483 $873,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC738668

Bright MLS

APN: 10-00855588