Seller's Agent in 2021
Marsha Schuman
Washington Fine Properties
(301) 943-9731
22 in this area
88 Total Sales
8529 Rapley Preserve Cir Potomac, MD 20854
Estimated Value: $2,331,033 - $2,812,000
4
Beds
7
Baths
7,100
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- Community Stables
- Gated Community
- Clubhouse
- Seven Locks Elementary School Rated A
- Open Floorplan
- Maid or Guest Quarters
About This Home
As of July 20218529 Rapley Preserve Circle is a special and beautifully presented home that is perfectly situated on a 0.46 acre corner lot in Rapley Preserve in Avenel. Avenel is made up of 14 villages and Rapley Preserve is not only the newest village, it is the only community that has a gated entry with a security guard. Offering 4 Bedrooms, 5 Full Baths, 2 Half Baths, and a Guest/Au Pair Suite, this elegant residence spans approximately 7,100 finished SF throughout 3 finished floors. Each level has been thoughtfully designed to suit nearly every lifestyle, including a Gourmet Kitchen, private Study, a Game Room, Exercise Room, Theater Room and much more. There are two attached Garages – one that is for two vehicles and a second single garage that is currently an indoor basketball half court with soundproofing and lighting. The living space is extended outdoors to an expansive Deck with a Pergola and a large Terrace. Avenel is a picturesque and beautifully designed resort-like community in Montgomery County with 900 luxury homes. Amenities abound with the best of the best offered here in extraordinary Avenel. The professional TPC/PGA Golf Course is in the center of the neighborhood, boasting a spectacular experience (separate memberships available). The Avenel Swim & Tennis Club is another wonderful feature of the community with 3 pools and 6 tennis courts. Avenel Park, popular trails, and an adjacent privately-owned Equestrian Center encourage an active and outdoor lifestyle.
Last Agent to Sell the Property
(301) 943-9731 marsha.schuman@wfp.com Washington Fine Properties, LLC Listed on: 03/25/2021
Last Buyer's Agent
(301) 523-8008 BillBMI@yahoo.com Hometown Elite Realty LLC License #BR200200254
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,932
Year Built
- Built in 1999
Lot Details
- 0.46 Acre Lot
- Corner Lot
- Property is in very good condition
- Property is zoned RE2C
HOA Fees
- $718 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Traditional Architecture
- Wood Roof
- Stucco
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Wet Bar
- Built-In Features
- Crown Molding
- Tray Ceiling
- Two Story Ceilings
- 2 Fireplaces
- Fireplace With Glass Doors
- Gas Fireplace
- Window Treatments
- Bay Window
- Atrium Windows
- Atrium Doors
- Insulated Doors
- Mud Room
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Den
- Recreation Room
- Storage Room
- Home Gym
- Wood Flooring
Kitchen
- Breakfast Room
- Built-In Self-Cleaning Double Oven
- Gas Oven or Range
- Six Burner Stove
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Maid or Guest Quarters
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Rear Basement Entry
- Basement with some natural light
Home Security
- Home Security System
- Security Gate
- Motion Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 94
- Assessor Parcel Number 161003136020
Community Details
Overview
- Association fees include management, pool(s), reserve funds, security gate, snow removal, trash, lawn maintenance
- Avenel Community Association
- Avenel Subdivision, Custom Floorplan
Amenities
- Common Area
- Clubhouse
Recreation
- Golf Course Membership Available
- Tennis Courts
- Community Playground
- Community Pool
- Community Stables
- Jogging Path
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jul 23, 2021
Sold by
Coates Delman L and Walsh Yolanda
Bought by
Zhao Yiping and Fang Zhuohuai
Seller's Agent
Marsha Schuman
Washington Fine Properties, LLC
Buyer's Agent
Xuri Wang
Hometown Elite Realty LLC
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,008
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,365,000
Outstanding Balance
$1,264,273
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$1,280,735
Purchase Details
Listed on
Oct 15, 2014
Closed on
Jun 29, 2015
Sold by
Bank Laurence and Bank Jodi
Bought by
Coates Delman L and Coates Yolanda Walsh
Seller's Agent
Adam Gelb
Long & Foster Real Estate, Inc.
Buyer's Agent
Marsha Schuman
Washington Fine Properties, LLC
List Price
$2,199,000
Sold Price
$2,050,000
Premium/Discount to List
-$149,000
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.82%
Original Mortgage
$1,640,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2007
Sold by
Bernstein Gail L
Bought by
Bank Laurence and Bank Jodi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 3, 2007
Sold by
Bernstein Gail L
Bought by
Bank Laurence and Bank Jodi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2006
Sold by
Bernstein Craig J and Bernstein W G
Bought by
Bernstein Gail L
Purchase Details
Closed on
Jun 14, 2006
Sold by
Bernstein Craig J and Bernstein W G
Bought by
Bernstein Gail L
Purchase Details
Closed on
Jun 5, 2000
Sold by
Rock Run Limited Ptnshp
Bought by
Bernstein Craig J and Bernstein W G
Purchase Details
Closed on
Apr 17, 1998
Sold by
Rock Run Ltd Ptnshp
Bought by
W Craig J and W Bernstein G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Yiping | $1,950,000 | Evergreen Settlement Co Inc | |
| Coates Delman L | $2,050,000 | Fidelity Natl Title Ins Co | |
| Bank Laurence | $2,703,825 | -- | |
| Bank Laurence | $2,703,825 | -- | |
| Bernstein Gail L | -- | -- | |
| Bernstein Gail L | -- | -- | |
| Bernstein Craig J | -- | -- | |
| W Craig J | $347,491 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Yiping | $1,365,000 | |
| Previous Owner | Coates Delman L | $1,640,000 | |
| Previous Owner | Bank Laurence | $663,000 | |
| Previous Owner | Bank Laurence | $1,500,000 | |
| Previous Owner | Bank Laurence | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $1,950,000 | -6.0% | $275 / Sq Ft | |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- | |
| 05/21/2021 05/21/21 | Price Changed | $2,075,000 | -4.6% | $292 / Sq Ft | |
| 04/13/2021 04/13/21 | Price Changed | $2,175,000 | -3.3% | $306 / Sq Ft | |
| 03/25/2021 03/25/21 | For Sale | $2,250,000 | +9.8% | $317 / Sq Ft | |
| 07/06/2015 07/06/15 | Sold | $2,050,000 | -6.8% | $418 / Sq Ft | View Prior Sale |
| 04/29/2015 04/29/15 | Pending | -- | -- | -- | |
| 04/21/2015 04/21/15 | For Sale | $2,199,000 | 0.0% | $448 / Sq Ft | |
| 04/19/2015 04/19/15 | Pending | -- | -- | -- | |
| 10/15/2014 10/15/14 | For Sale | $2,199,000 | -- | $448 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $20,601 | $1,807,400 | $891,700 | $915,700 |
| 2024 | $20,601 | $1,726,967 | $0 | $0 |
| 2023 | $0 | $1,646,533 | $0 | $0 |
| 2022 | $17,237 | $1,566,100 | $891,700 | $674,400 |
| 2021 | $17,131 | $1,566,100 | $891,700 | $674,400 |
| 2020 | $17,131 | $1,566,100 | $891,700 | $674,400 |
| 2019 | $21,241 | $1,941,300 | $891,700 | $1,049,600 |
| 2018 | $20,718 | $1,891,200 | $0 | $0 |
| 2017 | $21,090 | $1,841,100 | $0 | $0 |
| 2016 | -- | $1,791,000 | $0 | $0 |
| 2015 | $19,642 | $1,791,000 | $0 | $0 |
| 2014 | $19,642 | $1,791,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Schuman
-
Xuri Wang
Buyer's Agent in 2021
Xuri Wang
Hometown Elite Realty LLC
(301) 523-8008
20 in this area
153 Total Sales
-
A
Seller's Agent in 2015
Adam Gelb
Long & Foster
Map
Source: Bright MLS
MLS Number: MDMC749448
APN: 10-03136020
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