NOT LISTED FOR SALE

8545 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,926,000 - $2,846,000

4 Beds
4 Baths
3,642 Sq Ft
$668/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $760,000 $209 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $14,726/month

12 Days on Market

Highlights

  • 2 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Morton Elementary School Rated A-
  • Traditional Floor Plan
  • 1 Fireplace

About This Home

As of April 2017

Beautiful 2-acre lot with existing home on it (fire damaged) and ready for renovation or tear down to build your dream home! Home is sold completely in it's "AS IS" condition. Do not enter the home because of safety and liability.

Last Agent to Sell the Property

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254 Listed on: 03/12/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Jimee Choi

(202) 510-5559 property8949@gmail.com Omni Properties

Last Buyer's Agent

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,812

Year Built

  • Built in 1965

Lot Details

  • 2 Acre Lot
  • Property is in below average condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Eat-In Kitchen
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 60+ Gallon Tank
  • Septic Tank

Community Details

  • No Home Owners Association
  • Potomac Ranch Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161000859757

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,812

Year Built

Built in 1965

Lot Details

0

Parking

2

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
  • Expected On Market: 2017-03-13
  • Year Built: 1965
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Family Room Off Kitchen, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3642
  • Living Area Sq Ft: 3642
  • Price Per Sq Ft: 302.42
  • Above Grade Finished Sq Ft: 2642
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 312600.00
  • Land Assessed Value: 616000.00
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Property Attached Yn: No
  • Property Condition: Below Average
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980377
  • Tax Annual Amount: 10812.46
  • Assessor Parcel Number: 161000859757
  • Tax Lot: 11
  • 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
Apr 29, 2013
Closed on
Jan 3, 2014
Sold by
Oros Holly and Ayoub Linda
Bought by
Dougherty Pogue Eric Robert and Dougherty Pogue Jennifer Ruth
Seller's Agent
Jane Farmer
RE/MAX Realty Group
Buyer's Agent
Alexandra Kempel
Compass
List Price
$949,000
Sold Price
$925,000
Premium/Discount to List
-$24,000
-2.53%
Current Estimated Value
$2,433,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,508,331
Avg. Annual Appreciation
8.47%
Original Mortgage
$740,000
Outstanding Balance
$538,991
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,894,340

Purchase Details

Closed on
Jun 20, 2012
Sold by
Oros Holly and Estate Of Donna C Oros
Bought by
Oros Holly and Ayoub Linda
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
Dougherty Pogue Eric Robert $925,000 First American Title Ins Co
Oros Holly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Pogue Eric Robert $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2017 04/27/17 Sold $760,000 -4.9% $209 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $799,000 -13.6% $219 / Sq Ft
01/03/2014 01/03/14 Sold $925,000 -1.1% $350 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
09/01/2013 09/01/13 Price Changed $935,000 -1.5% $354 / Sq Ft
08/01/2013 08/01/13 For Sale $949,000 +2.6% $359 / Sq Ft
08/01/2013 08/01/13 Off Market $925,000 -- --
07/07/2013 07/07/13 Price Changed $949,000 -3.7% $359 / Sq Ft
04/29/2013 04/29/13 For Sale $985,000 -- $373 / 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 $22,957 $2,046,300 $550,000 $1,496,300
2024 $22,957 $1,931,633 $0 $0
2023 $21,606 $1,816,967 $0 $0
2022 $19,432 $1,702,300 $550,000 $1,152,300
2021 $9,677 $1,702,300 $550,000 $1,152,300
2020 $17,791 $1,702,300 $550,000 $1,152,300
2019 $22,843 $2,038,000 $616,000 $1,422,000
2018 $7,219 $616,000 $616,000 $0
2017 $17,374 $616,000 $0 $0
2016 -- $905,700 $0 $0
2015 $8,996 $895,067 $0 $0
2014 $8,996 $884,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002496625

Bright MLS

APN: 10-00859757