NOT LISTED FOR SALE

8514 Postoak Rd Potomac, MD 20854

Estimated Value: $940,444 - $1,005,000

5 Beds
2.5 Baths
2,198 Sq Ft
$443/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $645,000 $293 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,792/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Eat-In Kitchen
  • Beverly Farms Elementary School Rated A
  • No HOA
  • 4-minute walk to Beverly Farms Park

About This Home

As of March 2015

Spacious updated 4 level Split. Brand new kitchen, with custom cabinets, granite counters and ceramic floors. Gleaming refinished hardwood floors thru out, replacement doors and windows. Wonderful family room with brick walled fireplace. Awesome location with award winning schools, steps to Beverly farms elementary, super easy getting the little ones to school. Extra bedroom/office.

Last Agent to Sell the Property

Jacques Bankier

(301) 983-0069 jb@jacqueshomes.com NextHome Envision Listed on: 02/20/2015

NextHome Envision

Last Buyer's Agent

Megan Liu

(301) 655-5421 meganliu2014@gmail.com Prostage Realty, LLC License #650964

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,414

Year Built

  • Built in 1969 | Remodeled in 2015

Lot Details

  • 9,568 Sq Ft Lot
  • Property is zoned R90

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Dining Area
  • Wood Flooring
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Stone Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160400118398

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,414

Year Built

Built in 1969 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Year Built: 1969
  • Year Renovated: 2015
  • Remarks Public: Spacious updated 4 level Split. Brand new kitchen, with custom cabinets, granite counters and ceramic floors. Gleaming refinished hardwood floors thru out, replacement doors and windows. Wonderful family room with brick walled fireplace. Awesome location with award winning schools, steps to Beverly farms elementary, super easy getting the little ones to school. Extra bedroom/office.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Interior Amenities: Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s), Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 8514

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Carport

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Geothermal Heat Pump
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEVERLY FARMS
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Improvement Assessed Value: 229100.00
  • Land Assessed Value: 310700.00
  • Lot Size Acres: 0.22
  • Lot Size Area: 9568
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9568.00
  • Property Attached Yn: No
  • Year Assessed: 2014
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13899737
  • Tax Annual Amount: 6413.91
  • Assessor Parcel Number: 160400118398
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 2198
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 03/27/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Mar 27, 2015
Sold by
Cummins Kenneth V and Dougherty Denise
Bought by
Hu Yang and Zianke Zeng
Seller's Agent
Jacques Bankier
NextHome Envision
Buyer's Agent
Megan Liu
Prostage Realty, LLC
List Price
$659,000
Sold Price
$645,000
Premium/Discount to List
-$14,000
-2.12%
Current Estimated Value
$974,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,111
Avg. Annual Appreciation
3.97%
Original Mortgage
$574,000
Outstanding Balance
$442,357
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$531,754

Purchase Details

Closed on
Feb 14, 2001
Sold by
Pena Jorge A and Pena A M
Bought by
Cummins Kenneth V and Cummins Denise Dougherty
Source: Public Records

Range of Values:

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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
Hu Yang $645,000 Old Republic National Title
Cummins Kenneth V $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Yang $574,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $645,000 -2.1% $293 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $659,000 -- $300 / 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 $8,195 $700,033 -- --
2024 $8,195 $659,067 $0 $0
2023 $7,009 $618,100 $373,300 $244,800
2022 $6,616 $613,833 $0 $0
2021 $6,423 $609,567 $0 $0
2020 $6,423 $605,300 $373,300 $232,000
2019 $6,377 $603,633 $0 $0
2018 $6,344 $601,967 $0 $0
2017 $6,440 $600,300 $0 $0
2016 -- $580,133 $0 $0
2015 $5,970 $559,967 $0 $0
2014 $5,970 $539,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002308765

Bright MLS

APN: 04-00118398