NOT LISTED FOR SALE

8520 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,454,000 - $1,790,000

4 Beds
5 Baths
5,895 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $979,000 $166 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,121/month

23 Days on Market

Highlights

  • Above Ground Pool
  • 2.98 Acre Lot
  • Wood Flooring
  • Morton Elementary School Rated A-
  • Colonial Architecture
  • 3 Fireplaces

About This Home

As of May 2018

**LOCATION! LOCATION! EXQUISITE SINGLE FAMILY HOME W/CIRCULAR DRIVEWAY*2 CAR GARAGE**FENCED BACKYARD W/2.98 ACRE TO ENJOY**4 BEDROOMS W/3.5 BATH**MASTER BEDROOM W/DOUBLE WALK-IN CLOSET&BUMP OUT AREA+FP**SPACIOUS KITCHEN W/BREAKFAST AREA&ACCESS TO DINING ROOM**DEN/W BOOKCASES**FAMILY ROOM W/FP**INDOOR POOL YOU WILL LOVE**CLOSE TO C&O CANAL&ALL MAJOR HIGHWAYS**

Last Agent to Sell the Property

Angie Hashempour

(301) 793-3614 angiehousesale@gmail.com Hometime Realty, LLC License #0225189051 Listed on: 02/27/2018

Last Buyer's Agent

Ashton Vessali

(301) 502-7123 alexzy007@aol.com Compass License #0225164718

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,494

Year Built

  • Built in 1968

Lot Details

  • 2.98 Acre Lot
  • Property is Fully Fenced
  • Property is zoned RE2

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Ceiling Fan
  • 3 Fireplaces
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Office or Studio
  • Library
  • Game Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Front and Rear Basement Entry
  • Sump Pump

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Ranch Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 161000858968

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,494

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1968
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove
  • Interior Amenities: Breakfast Area, Dining Area, Built-Ins, Primary Bath(s), Wood Floors
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Den, Library, Foyer, Bedroom 1, Study, Utility Room
  • Basement: Yes
  • Basement Type: Front Entrance, Rear Entrance, Outside Entrance, Sump Pump, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 5895
  • Living Area Sq Ft: 5895
  • Price Per Sq Ft: 244.35
  • Above Grade Finished Sq Ft: 4156
  • Below Grade Finished Sq Ft: 1739
  • Total Below Grade Sq Ft: 1739
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade, Office/Studio
  • Other Structures List: Office/Studio
  • Construction Materials: Combination, Brick
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 393000.00
  • Land Assessed Value: 645400.00
  • Lot Size Acres: 2.98
  • Lot Size Area: 129809
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 129809.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Attached Yn: No
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13809064
  • Tax Annual Amount: 12493.79
  • Assessor Parcel Number: 161000858968
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 16, 2018
Sold by
Bank Of New York Mellon
Bought by
Zandieh Mostafa and Ghaderian Negar
Seller's Agent
Angie Hashempour
Hometime Realty, LLC
Buyer's Agent
Ashton Vessali
Compass
List Price
$1,015,500
Sold Price
$979,000
Premium/Discount to List
-$36,500
-3.59%
Current Estimated Value
$1,685,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,666
Avg. Annual Appreciation
7.42%
Original Mortgage
$679,650
Outstanding Balance
$583,943
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,101,723

Purchase Details

Closed on
Feb 23, 2018
Sold by
Kelly Robert E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,650
Outstanding Balance
$583,943
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,101,723

Purchase Details

Closed on
Jan 27, 2003
Sold by
Mathiasen Karl Tr
Bought by
Minhas Tejinder S and Minhas Kanawal K

Purchase Details

Closed on
Apr 30, 1996
Sold by
Karl 3Rd & E H Mathiasen
Bought by
Karl Mathiasen Tr
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
Zandieh Mostafa $979,000 First Class Title Inc
The Bank Of New York Mellon $850,000 None Available
Minhas Tejinder S $945,000 --
Karl Mathiasen Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zandieh Mostafa $679,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2018 05/02/18 Sold $979,000 -3.6% $166 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,015,500 -- $172 / 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 $14,937 $1,237,600 $574,500 $663,100
2024 $14,937 $1,229,700 $0 $0
2023 $15,501 $1,221,800 $0 $0
2022 $13,410 $1,213,900 $574,500 $639,400
2021 $12,652 $1,151,800 $0 $0
2020 $11,935 $1,089,700 $0 $0
2019 $11,225 $1,027,600 $645,400 $382,200
2018 $11,238 $1,027,600 $645,400 $382,200
2017 $11,802 $1,027,600 $0 $0
2016 -- $1,038,400 $0 $0
2015 $10,600 $1,033,933 $0 $0
2014 $10,600 $1,029,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000209374

Bright MLS

APN: 10-00858968