NOT LISTED FOR SALE

8560 Horseshoe Ln Potomac, MD 20854

Estimated Value: $2,963,000 - $3,425,611

6 Beds
8 Baths
8,850 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $2,300,000 $260 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $18,564/month

125 Days on Market

Highlights

  • Second Kitchen
  • Eat-In Gourmet Kitchen
  • 2 Acre Lot
  • Morton Elementary School Rated A-
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of August 2020

** Please wear a mask and gloves when visiting this home and follow the COVID guidelines. **Welcome Home to 8560 Horseshoe Lane! This exquisite estate built by Classic Homes in 2016 is situated on a picturesque 2-acre lot amongst lovely mature trees, green spaces, and superb grounds for extravagant entertaining and everyday enjoyment.It features an ELEVATOR accessible from all floors. Ideally located, this area is known for its proximity to DC/VA, Potomac Village Shopping Center, Country Clubs, and the convenience of a short commute. This neighborhood of Potomac Ranch offers accessibility accompanied by the privilege to be part of an exceptional community!Enter this impressive property of off the circular driveway lined with beautiful landscaping. Greeted by decorative solid wood doors, the 2-story entrance into this extraordinary home is open and bathed in sunlight from all directions. The elegant interior demonstrates tasteful finishes, crown molding, soaring ceilings, an elevator, walls of windows, hardwood flooring, and recessed lighting throughout. Offering 6 Bedrooms, 6 Full, and 2 Half Bath, this exquisitely spacious floor plan provides over 8500 square feet of spectacular living space on three fully finished levels. Notable features of the remarkable Main Level include a sun-drenched Formal Dining and Living Room, a luminous 2-story Great Room with wet bar and fireplace adjacent to the incredible Gourmet Kitchen with top-of-the-line appliances, and the Breakfast Area with walk-out to a balcony offering scenic park-like views. From the Kitchen, a hidden entrance leads to the Catering Kitchen and is conveniently located off the Mudroom with access to the oversized 4-car Garage. A Bedroom with En-suite Bath, brilliant Sunroom wrapped in glass, and a lovely Powder Room complete the Main Level.Take the stairs or the elevator up to the open landing of the Upper Level overlooking theawe-inspiring Main Level. On the Second Floor you will find a generous Master Suite fit for a King & Queen! Cozy-up by the fireplace or enjoy summer nights on the balcony off the Master Bedroom while taking in the nature that surrounds the home. The Master Bathroom drips in luxury. Marble his/hers vanities and a separate oversized shower with glass overlooking the deep soaking tub make this a room to relish, complete with adjacent massive walk-in closets offering plenty of storage. A laundry room and 3 additional large Bedrooms with En-suite Baths finish the Upper Level.The extraordinary size of the Lower Level makes this space capable of supporting an additional full Kitchen open to a large Family Room illuminated by walls of windows and including a fireplace. Discover a spacious Bedroom Suite with enchanting wooded views, a stone wall Wine Cellar, Media Room, Game Room, Fitness Room with performance flooring, a rough-in laundry room, a half Bath, and an abundance of storage. A walkout to the Patio offers a back entry creating potential for the use of the Lower Level as an Au Pair Suite/Nanny Suite.The builder has made this home with the environment and efficiency in mind. The energy-efficient features of the home keep out excessive heat, cold and noise, and ensure consistent temps between & across rooms, making this home more comfortable to live in. Aside from the impressive interior and construction, the enchanting property surrounding the home invites you to enjoy the great outdoors and provides the potential for a fabulous outdoor pool or sport court. You truly can have it all with this marvelous home!

Last Agent to Sell the Property

Traudel Lange

(240) 463-6918 traudel.lange@compass.com Compass Listed on: 03/19/2020

Compass

Co-Listed By

Julia Chin

(313) 318-2004 julia.chin@compass.com Compass

Last Buyer's Agent

Kevin Friend

(202) 320-2205 kevin.friend@compass.com Compass License #0225236805

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,226

Year Built

  • Built in 2016

Lot Details

  • 2 Acre Lot
  • Northwest Facing Home
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 4 Car Direct Access Garage
  • 2 Driveway Spaces
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Woods
  • Garden

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • French Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Kitchenette
  • Second Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Gas Oven or Range
  • Six Burner Stove
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Sump Pump
  • Shelving
  • Basement Windows

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • 60 Gallon+ Natural Gas Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Built by Classic Homes
  • Potomac Ranch Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 161000851717

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,226

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Air Cleaner, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Humidifier, Icemaker, Instant Hot Water, Microwave, Oven/Range - Gas, Refrigerator, Six Burner Stove, Stainless Steel Appliances, Washer, Water Heater, Oven - Double
  • Flooring Type: Hardwood
  • Interior Amenities: 2nd Kitchen, Bar, Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Chair Railings, Crown Moldings, Elevator, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchenette, Primary Bath(s), Pantry, Recessed Lighting, Soaking Tub, Store/Office, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wine Storage, Wood Floors
  • Window Features: Bay/Bow, Double Pane, Palladian
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Six Panel, French
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Beamed Ceilings, High, Tray Ceilings
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Fully Finished, Heated, Improved, Interior Access, Shelving, Sump Pump, Walkout Level, Windows
  • Laundry Type: Lower Floor, Upper Floor
  • Total Sq Ft: 9487
  • Living Area Sq Ft: 8850
  • Price Per Sq Ft: 405.93
  • Above Grade Finished Sq Ft: 5900
  • Below Grade Finished Sq Ft: 2950
  • Below Grade Sq Ft: 637
  • Total Below Grade Sq Ft: 3587
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • Spa: No
  • View: Garden/Lawn, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Circular Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 1399000.00
  • Land Assessed Value: 550000.00
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: RE2
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Classic Homes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13979844
  • Tax Annual Amount: 24226.00
  • Assessor Parcel Number: 161000851717
  • Tax Lot: 19
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 27, 2020
Sold by
Li Xiaohong
Bought by
June Arian M
Seller's Agent
Traudel Lange
Compass
Buyer's Agent
Kevin Friend
Compass
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Current Estimated Value
$3,133,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,204
Avg. Annual Appreciation
6.04%
Original Mortgage
$2,069,770
Outstanding Balance
$1,833,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,299,827

Purchase Details

Closed on
Sep 14, 2018
Sold by
Zhang Renping and Li Xiaohong
Bought by
Li Xiaohong

Purchase Details

Listed on
Sep 13, 2016
Closed on
Aug 11, 2017
Sold by
D D Puri Foundation
Bought by
Zhang Renping and Li Xiaohong
Seller's Agent
Shahab Nasrin
TTR Sotheby's International Realty
Buyer's Agent
Jason Liu
Libra Realty, LLC
List Price
$2,749,000
Sold Price
$2,350,000
Premium/Discount to List
-$399,000
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$1,350,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2014
Closed on
Sep 10, 2014
Sold by
Easley Nancy and Estate Of K Warren Easley
Bought by
D D Puri Foundation
Seller's Agent
Diann Gottron
Long & Foster Real Estate, Inc.
Buyer's Agent
Kenneth Lewis
Realty Advantage of Maryland LLC
List Price
$890,000
Sold Price
$700,000
Premium/Discount to List
-$190,000
-21.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.40%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
June Arian M $2,300,000 Kvs Title Llc
Li Xiaohong -- Icon Title Llc
Zhang Renping $2,350,000 Icon Title Llc
D D Puri Foundation $700,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open June Arian M $2,069,770
Previous Owner Zhang Renping $1,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $2,300,000 -4.0% $260 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $2,395,000 +1.9% $271 / Sq Ft
08/11/2017 08/11/17 Sold $2,350,000 -1.9% $253 / Sq Ft View Prior Sale
04/05/2017 04/05/17 Pending -- -- --
03/03/2017 03/03/17 Price Changed $2,395,000 -4.2% $258 / Sq Ft
01/25/2017 01/25/17 Price Changed $2,500,000 -9.1% $269 / Sq Ft
09/13/2016 09/13/16 For Sale $2,749,000 +292.7% $296 / Sq Ft
09/10/2014 09/10/14 Sold $700,000 -21.3% $220 / Sq Ft View Prior Sale
08/27/2014 08/27/14 Pending -- -- --
08/12/2014 08/12/14 Price Changed $890,000 0.0% $280 / Sq Ft
08/12/2014 08/12/14 For Sale $890,000 -4.8% $280 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/15/2014 06/15/14 For Sale $935,000 -- $294 / 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 $24,790 $2,100,000 $550,000 $1,550,000
2024 $24,790 $2,049,667 $0 $0
2023 $22,061 $1,875,400 $550,000 $1,325,400
2022 $21,935 $1,949,000 $550,000 $1,399,000
2021 $43,829 $1,949,000 $550,000 $1,399,000
2020 $47,068 $1,949,000 $550,000 $1,399,000
2019 $23,534 $2,100,900 $616,000 $1,484,900
2018 $23,209 $2,100,900 $616,000 $1,484,900
2017 $23,693 $2,100,900 $0 $0
2016 -- $616,000 $0 $0
2015 $8,830 $897,033 $0 $0
2014 $8,830 $878,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC700526

Bright MLS

APN: 10-00851717