NOT LISTED FOR SALE

8532 Potomac School Terrace Potomac, MD 20854

Carderock Neighborhood

Estimated Value: $2,086,000 - $2,283,000

4 Beds
4.5 Baths
4,610 Sq Ft
$476/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $1,795,000 $389 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,421/month

5 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Garden View
  • Seven Locks Elementary School Rated A
  • Private Lot
  • Whirlpool Bathtub

About This Home

As of October 2022

Warm and inviting Mitchell and Best custom colonial sited on almost an acre in sought after Avenel. Beautifully updated with all the important bells and whistles. Stunning designer baths throughout. New windows, new roof, slate patio and custom landscaping are just some of the special features. This beautiful open floor plan offers a main level library/office, sunny family room and kitchen with breakfast nook and cooking island. The living room and dinning room are flooded with light and offer views from the outdoors in. The second level provides four bedrooms and three full baths. The primary bedroom offers two large walk-in closets and a primary bath with soaking tub, separate shower, and double sinks. Designer lighting and sound system throughout. The daylight walkout lower level is designed with a spacious family room, billiards room, exercise room, full bath, and a spacious storage room. A circular driveway provides ample parking for eight cars in addition to the two car garage. A total of four bedrooms, four full baths, powder room, and upstairs designer laundry. Avenel provides landscaping maintenance, private surveillance, snow removal, and swim and tennis club. Twenty five minutes to Dulles and National airports, The White House, and Kennedy Center. Potomac Village only two minutes away offers fine dinning and array of shopping and retail.

Last Agent to Sell the Property

Nancy Itteilag

Washington Fine Properties, LLC License #0225042819 Listed on: 09/12/2022

Washington Fine Properties, LLC

Co-Listed By

Christopher Itteilag

Serhant License #SP98365209

Last Buyer's Agent

Lisa DeCarlo

Samson Properties License #658989

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,017

Year Built

  • Built in 1993

Lot Details

  • 0.75 Acre Lot
  • Stone Retaining Walls
  • Landscaped
  • Private Lot
  • Premium Lot
  • Level Lot
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned RE2C

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Roof
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • French Doors
  • Insulated Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Garden Views
  • Surveillance System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement with some natural light

Outdoor Features

  • Patio
  • Terrace
  • Exterior Lighting

Utilities

  • Central Air
  • Cooling System Utilizes Natural Gas
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 161002745264

Community Details

Overview

  • Association fees include lawn maintenance, management, pool(s), snow removal
  • Avenel Community Association
  • Built by MITCHELL AND BEST
  • Avenel Subdivision, Custom Floorplan

Recreation

  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,017

Year Built

Built in 1993

Lot Details

0

HOA Fees

$462 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Foyer chandelier, dining room chandelier, dining room sconces, kitchen chandelier, mudroom flush mount
  • Inclusions: Hot tub, pool table, all tv's and wall mounts. see inclusions/ exclusions form for more details.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1993
  • Automatically Close On Close Date: No
  • Remarks Public: Warm and inviting Mitchell and Best custom colonial sited on almost an acre in sought after Avenel. Beautifully updated with all the important bells and whistles. Stunning designer baths throughout. New windows, new roof, slate patio and custom landscaping are just some of the special features. This beautiful open floor plan offers a main level library/office, sunny family room and kitchen with breakfast nook and cooking island. The living room and dinning room are flooded with light and offer views from the outdoors in. The second level provides four bedrooms and three full baths. The primary bedroom offers two large walk-in closets and a primary bath with soaking tub, separate shower, and double sinks. Designer lighting and sound system throughout. The daylight walkout lower level is designed with a spacious family room, billiards room, exercise room, full bath, and a spacious storage room. A circular driveway provides ample parking for eight cars in addition to the two car garage. A total of four bedrooms, four full baths, powder room, and upstairs designer laundry. Avenel provides landscaping maintenance, private surveillance, snow removal, and swim and tennis club. Twenty five minutes to Dulles and National airports, The White House, and Kennedy Center. Potomac Village only two minutes away offers fine dinning and array of shopping and retail.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Whirlpool/Hottub, Bar, Built-Ins, Butlers Pantry, Crown Moldings, Chair Railings, Family Room Off Kitchen, Formal/Separate Dining Room
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Level, Daylight, Partial
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5029
  • Living Area Sq Ft: 4610
  • Price Per Sq Ft: 542.30
  • Above Grade Finished Sq Ft: 3310
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 419
  • Total Below Grade Sq Ft: 1719
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8532

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Stone Retaining Walls
  • Roof: Shingle, Shake
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 462.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Pool(s), Snow Removal
  • HOA Name: AVENEL COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: R
  • Lot Features: Front Yard, Landscaping, Level, Premium, Private, Rear Yard
  • Lot Size Acres: 0.75
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32878.00
  • Outdoor Living Structures: Patio(s), Terrace
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RE2C
  • In City Limits: No

Building Info

  • Builder Name: MITCHELL AND BEST

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15017.00
  • Assessor Parcel Number: 161002745264
  • Tax Lot: 53
  • Tax Total Finished Sq Ft: 4610
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 10/27/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 27, 2022
Sold by
Brockway Mark and Brockway Jennifer
Bought by
Waddell James Andrew and Waddell Magda Maria
Seller's Agent
Nancy Itteilag
Washington Fine Properties, LLC
Buyer's Agent
Lisa DeCarlo
Samson Properties
List Price
$1,795,000
Sold Price
$1,795,000
Views
12
Current Estimated Value
$2,096,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,489
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,346,250
Outstanding Balance
$1,289,708
Interest Rate
4.25%
Mortgage Type
Balloon
Estimated Equity
$845,895

Purchase Details

Closed on
Feb 16, 2010
Sold by
Wynkoop Barry E and Wynkoop R A
Bought by
Brockway Mark and Kitchen Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 1997
Sold by
B Laurence W and B Frye D
Bought by
R Barry E and R Wynkoop A

Purchase Details

Closed on
Dec 29, 1993
Sold by
Mitchell&Best Homes
Bought by
Frye L W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waddell James Andrew $1,795,000 Commonwealth Land Title
Brockway Mark $1,280,000 --
R Barry E $674,000 --
Frye L W $596,713 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell James Andrew $1,346,250
Previous Owner Brockway Mark $830,000
Previous Owner Brockway Mark $417,000
Previous Owner Brockway Mark $224,838
Previous Owner Brockway Mark $729,750
Previous Owner Brockway Mark $100,000
Previous Owner Brockway Mark $729,750
Previous Owner Frye L W $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $1,795,000 0.0% $389 / Sq Ft
09/12/2022 09/12/22 For Sale $1,795,000 -- $389 / 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
2024 $17,763 $1,486,367 $0 $0
2023 $16,013 $1,397,033 $0 $0
2022 $14,325 $1,307,700 $757,700 $550,000
2021 $14,226 $1,307,700 $757,700 $550,000
2020 $14,226 $1,307,700 $757,700 $550,000
2019 $15,428 $1,418,900 $757,700 $661,200
2018 $15,170 $1,393,700 $0 $0
2017 $15,168 $1,368,500 $0 $0
2016 $12,975 $1,343,300 $0 $0
2015 $12,975 $1,287,933 $0 $0
2014 $12,975 $1,232,567 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2068866

Bright MLS

APN: 10-02745264