NOT LISTED FOR SALE

8525 Warde Terrace Potomac, MD 20854

Estimated Value: $1,582,000 - $1,767,000

5 Beds
4.5 Baths
4,940 Sq Ft
$342/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $1,160,000 $235 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,099/month

35 Days on Market

Highlights

  • Concrete Pool
  • Open Floorplan
  • Maid or Guest Quarters
  • Seven Locks Elementary School Rated A
  • Colonial Architecture
  • Deck

About This Home

As of January 2020

NEW PRICE! Welcome to 8525 Warde Terrace, an elegant Colonial in McAuley Park showcasing 5 Bedrooms, a Guest Room, 4.5 Baths and a stunning backyard oasis. Spanning approximately 4,400+ square feet throughout 3 finished levels, this bright and spacious home features a desirable floor plan that includes two master suites (including one on the main level), an expansive Family Room open to the updated and a finished Lower Level. The spectacular backyard features a rear Deck that spans the entire length of the home. With plenty of room for outdoor entertaining, this fantastic space overlooks a wonderful heated Pool and a Sundeck that is surrounded by lawn and lush trees.

Last Agent to Sell the Property

Meg Percesepe

(240) 441-8434 meg.p@wfp.com Washington Fine Properties, LLC License #589653 Listed on: 10/25/2019

Washington Fine Properties, LLC

Last Buyer's Agent

Jennifer Eckel

(301) 461-3073 eckelrealty@gmail.com Compass License #0225256166

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,064

Year Built

  • Built in 1980

Lot Details

  • 0.48 Acre Lot
  • Back Yard Fenced
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Gas Fireplace
  • Bay Window
  • Six Panel Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Concrete Pool
  • Deck
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Mcauley Park Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161000883792

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,064

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Remarks Public: NEW PRICE! Welcome to 8525 Warde Terrace, an elegant Colonial in McAuley Park showcasing 5 Bedrooms, a Guest Room, 4.5 Baths and a stunning backyard oasis. Spanning approximately 4,400+ square feet throughout 3 finished levels, this bright and spacious home features a desirable floor plan that includes two master suites (including one on the main level), an expansive Family Room open to the updated and a finished Lower Level. The spectacular backyard features a rear Deck that spans the entire length of the home. With plenty of room for outdoor entertaining, this fantastic space overlooks a wonderful heated Pool and a Sundeck that is surrounded by lawn and lush trees.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Extra Refrigerator/Freezer
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Carpet, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Window Features: Bay/Bow
  • Fireplace Features: Gas/Propane, Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Cathedral Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Foyer, Laundry, Maid/Guest Quarters, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Connecting Stairway
  • Laundry Type: Main Floor
  • Total Sq Ft: 4980
  • Living Area Sq Ft: 4940
  • Price Per Sq Ft: 377.33
  • Above Grade Finished Sq Ft: 3114
  • Below Grade Finished Sq Ft: 1826
  • Below Grade Sq Ft: 40
  • Total Below Grade Sq Ft: 1866
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8525

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • 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
  • Other Structures List: Shed
  • Exterior Features: Extensive Hardscape
  • Pool Features: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • 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, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Land Use Code: 011
  • Lot Size Acres: 0.48
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20699.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12064.00
  • Assessor Parcel Number: 161000883792
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 4414
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 01/17/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Jan 17, 2020
Sold by
Winter Simon M and Winter Andrea E
Bought by
Bailey Michael D and Perez Maria Del Carmen
Seller's Agent
Meg Percesepe
Washington Fine Properties, LLC
Buyer's Agent
Jennifer Eckel
Compass
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Current Estimated Value
$1,690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,000
Avg. Annual Appreciation
6.76%
Original Mortgage
$928,000
Outstanding Balance
$822,129
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$867,871

Purchase Details

Closed on
Jul 22, 2008
Sold by
Georgallas Costas
Bought by
Winter Simon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2008
Sold by
Georgallas Costas
Bought by
Winter Simon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1995
Sold by
Lema Patino Jorge
Bought by
Georgallas Costas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
8.96%
Source: Public Records

Range of Values:

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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
Bailey Michael D $1,160,000 Tradition Ttl Llc T A Rgs Tt
Winter Simon M $1,200,000 --
Winter Simon M $1,200,000 --
Georgallas Costas $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Michael D $928,000
Previous Owner Winter Simon M $400,000
Previous Owner Winter Simon M $400,000
Previous Owner Georgallas Costas $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $1,160,000 -1.3% $235 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/22/2019 11/22/19 Price Changed $1,175,000 -2.1% $238 / Sq Ft
10/25/2019 10/25/19 For Sale $1,200,000 0.0% $243 / Sq Ft
09/01/2017 09/01/17 Rented $5,300 +7.1% --
07/13/2017 07/13/17 Under Contract -- -- --
07/06/2017 07/06/17 For Rent $4,950 -- --
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 $14,820 $1,312,800 $605,100 $707,700
2024 $14,820 $1,236,667 $0 $0
2023 $13,225 $1,160,533 $0 $0
2022 $11,802 $1,084,400 $605,100 $479,300
2021 $12,322 $1,074,867 $0 $0
2020 $11,499 $1,065,333 $0 $0
2019 $12,064 $1,055,800 $605,100 $450,700
2018 $11,950 $1,044,300 $0 $0
2017 $11,450 $1,032,800 $0 $0
2016 $9,558 $1,021,300 $0 $0
2015 $9,558 $991,033 $0 $0
2014 $9,558 $960,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC681922

Bright MLS

APN: 10-00883792