NOT LISTED FOR SALE

8552 Horseshoe Ln Potomac, MD 20854

Estimated Value: $1,520,000 - $2,044,000

3 Beds
3 Baths
3,994 Sq Ft
$438/Sq Ft Est. Value

Last Sold August 12, 2014

Last sale price $1,155,000 $289 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,578/month

21 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Open Floorplan
  • Morton Elementary School Rated A-
  • 2 Acre Lot
  • Private Lot

About This Home

As of August 2014

1 level- Light filled, living in an updated California Ranch nestled on picturesque 2 acres w/ mature landscaping & large salt-water/mineral pool & patio, 3 bdms 3 bths incl lrge master suite w/walk-in closet, ensuite bath, Lg fam rm, w/vaulted ceiling, LR w/ wbfp, DR, wet bar, Rec rm, mud rm w/ laundry, 2-car garage GARDENERS DELIGHT w/ DRAMATIC VIEWS from every room! Close to Village, 495, 270.

Last Agent to Sell the Property

Laura McCaffrey

(301) 641-4456 lauramccaffrey@mac.com Long & Foster Real Estate, Inc. License #601007 Listed on: 05/30/2014

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Nancy Wilson

(202) 255-9413 nwilson@lnf.com Long & Foster Real Estate, Inc. License #SP67963

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,020

Year Built

  • Built in 1965

Lot Details

  • 2 Acre Lot
  • East Facing Home
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Secluded Lot
  • Premium Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Property Views

  • Woods
  • Garden

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Crawl Space
  • Attic Fan

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Pool

  • In Ground Pool
  • Poolside Lot

Outdoor Features

  • Patio
  • Shed

Farming

  • Machine Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Gravity Septic Field
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Potomac Ranch Subdivision, The Californian Floorplan

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 161000854937

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,020

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1965
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven - Double, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Primary Bath(s), Built-Ins, Upgraded Countertops, Wet/Dry Bar, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Vaulted Ceilings, Dry Wall
  • Entry Location: Foyer
  • Foundation Details: Slab, Crawl Space
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Laundry, Mud Room, Attic
  • Basement: No
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Shed, Machine Shed
  • Construction Materials: Brick, Wood Siding
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape
  • Pool Features: In Ground
  • Roof: Asphalt
  • View: Trees/Woods, Garden/Lawn
  • 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: Garage
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan, Ceiling Fan(s), Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Gravity Sept Fld
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 468500.00
  • Land Assessed Value: 616000.00
  • Lot Features: Backs To Trees, Landscaping, Premium, Poolside, Trees/Wooded, Secluded, Private
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13980051
  • Tax Annual Amount: 12019.66
  • Assessor Parcel Number: 161000854937
  • Tax Lot: 17
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 12, 2014
Sold by
Oaksmith Collen
Bought by
Simms Howard B and Simms Nancy B
Seller's Agent
Laura McCaffrey
Long & Foster Real Estate, Inc.
Buyer's Agent
Nancy Wilson
Long & Foster Real Estate, Inc.
List Price
$1,249,000
Sold Price
$1,155,000
Premium/Discount to List
-$94,000
-7.53%
Current Estimated Value
$1,748,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,700
Avg. Annual Appreciation
3.74%
Original Mortgage
$625,000
Outstanding Balance
$202,169
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,546,531

Purchase Details

Closed on
Mar 15, 2012
Sold by
Kokdil Sami and Oaksmith Colleen
Bought by
Oaksmith Colleen

Purchase Details

Closed on
Jul 10, 2002
Sold by
Moritz Hans O and Moritz U
Bought by
Kokdil Sami and Kokdil Colleen Oaksmith
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
Simms Howard B $1,155,000 First American Title Ins Co
Oaksmith Colleen -- None Available
Kokdil Sami $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simms Howard B $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2014 08/12/14 Sold $1,155,000 -7.5% $289 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $1,249,000 -- $313 / 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 $16,451 $1,466,600 $550,000 $916,600
2024 $16,451 $1,366,433 $0 $0
2023 $14,569 $1,266,267 $0 $0
2022 $12,823 $1,166,100 $550,000 $616,100
2021 $12,718 $1,166,100 $550,000 $616,100
2020 $12,718 $1,166,100 $550,000 $616,100
2019 $12,984 $1,192,500 $616,000 $576,500
2018 $12,602 $1,156,500 $0 $0
2017 $12,430 $1,120,500 $0 $0
2016 -- $1,084,500 $0 $0
2015 $10,585 $1,065,133 $0 $0
2014 $10,585 $1,045,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003004936

Bright MLS

APN: 10-00854937