NOT LISTED FOR SALE

8603 Postoak Rd Potomac, MD 20854

Estimated Value: $969,000 - $1,032,000

4 Beds
3.5 Baths
3,138 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $735,000 $234 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,971/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 2 Car Direct Access Garage
  • Morton Elementary School Rated A-
  • Breakfast Room
  • 4-minute walk to Beverly Farms Park

About This Home

As of December 2020

Beautiful 4 beds, 3.5 baths, 2 car-garage, 4 cars driveway, an updated gourmet kitchen, and full finished basement home has a appraised value of $806, 000 as of 11/03/2020. Brand new fridge, fresh paint, updated flooring , updated basement and garage. Disclosures, license disclosure, and appraisal are available.

Last Agent to Sell the Property

JACKIE FUNG-MILDINER

(240) 888-1150 jackiefungrealtor@gmail.com RE/MAX Professionals License #0225239644 Listed on: 11/14/2020

RE/MAX Professionals

Last Buyer's Agent

Delilah Dane

(301) 717-7755 delilah.dane@redfin.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,653

Year Built

  • Built in 1967

Lot Details

  • 8,377 Sq Ft Lot
  • Property is zoned R90

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Brick Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Improved Basement

  • Walk-Out Basement
  • Sump Pump
  • Basement Windows

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 160400119507

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,653

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-11-14
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Family Room, Breakfast Room, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Walkout Stairs, Daylight, Partial, Improved, Sump Pump, Windows
  • Total Sq Ft: 3432
  • Living Area Sq Ft: 3138
  • Price Per Sq Ft: 327.36
  • Above Grade Finished Sq Ft: 2288
  • Below Grade Finished Sq Ft: 850
  • Below Grade Sq Ft: 294
  • Total Below Grade Sq Ft: 1144
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • 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
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 4

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • 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: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 300900.00
  • Land Assessed Value: 363500.00
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8377.00
  • Zoning: R90
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 13807599
  • Tax Annual Amount: 7653.00
  • Assessor Parcel Number: 160400119507
  • Tax Lot: 3
  • 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
Nov 14, 2020
Closed on
Dec 17, 2020
Sold by
Wang David and Mao Chiayee
Bought by
Xia Yanting and Zhang Qingyun
Seller's Agent
JACKIE FUNG-MILDINER
RE/MAX Professionals
Buyer's Agent
Delilah Dane
Redfin Corp
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Current Estimated Value
$996,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,951
Avg. Annual Appreciation
6.18%

Purchase Details

Listed on
Nov 14, 2020
Closed on
Oct 26, 2020
Sold by
U S Bank National Association
Bought by
Wang David and Mao Chiayee
Seller's Agent
JACKIE FUNG-MILDINER
RE/MAX Professionals
Buyer's Agent
Delilah Dane
Redfin Corp
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%

Purchase Details

Closed on
Mar 2, 2020
Sold by
Chen Lili and Chen Paul N
Bought by
U S Bank National Association and Csfb Mtg Backed Pass Through Certificat

Purchase Details

Closed on
Jan 23, 2003
Sold by
Chen Li Li
Bought by
Chen Paul N and Li Li

Purchase Details

Closed on
Dec 15, 1999
Sold by
Chen Po N and Chen L
Bought by
Chen Li Li
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
Xia Yanting $735,000 Brennan Title
Wang David $609,000 Gemini Title & Escrow Llc
U S Bank National Association $590,831 None Available
Chen Paul N -- --
Chen Li Li -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $735,000 -1.9% $234 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $749,000 +23.0% $239 / Sq Ft
10/26/2020 10/26/20 Sold $609,000 -13.0% $194 / Sq Ft View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $700,000 -- $223 / 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 $9,091 $805,333 -- --
2024 $9,091 $736,967 $0 $0
2023 $7,591 $668,600 $363,500 $305,100
2022 $7,205 $667,200 $0 $0
2021 $7,124 $665,800 $0 $0
2020 $15,534 $664,400 $363,500 $300,900
2019 $6,962 $656,700 $0 $0
2018 $6,864 $649,000 $0 $0
2017 $6,810 $641,300 $0 $0
2016 $5,967 $620,067 $0 $0
2015 $5,967 $598,833 $0 $0
2014 $5,967 $577,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC733564

Bright MLS

APN: 04-00119507