NOT LISTED FOR SALE

8603 Rapley Gate Terrace Potomac, MD 20854

Estimated Value: $3,704,266 - $4,272,000

7 Beds
9 Baths
15,379 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $2,700,000 $176 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $23,997/month

Highlights

  • Golf Club
  • Community Stables
  • Gourmet Kitchen
  • Seven Locks Elementary School Rated A
  • Second Kitchen
  • Gated Community

About This Home

As of December 2018

Stunning custom home in gated Rapley Preserve. The scale of the rooms, high ceilings, custom mill work & high-end finishes create an unsurpassed, luxurious feel. Main level master suite w/his & her baths & private terrace create special oasis. This home is thoughtfully accessible for a wheelchair if needed, or unnoticed otherwise. Elevator to all levels, separate apt. & more.

Last Agent to Sell the Property

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 09/18/2018

Compass

Last Buyer's Agent

Michael Matese

(301) 806-6829 mike@michaelmatese.com Compass License #0225046541

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,884

Year Built

  • Built in 1998 | Remodeled in 2010

Lot Details

  • 0.9 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • The property's topography is level
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $680 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Handicap Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Slate Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Chair Railings
  • Two Story Ceilings
  • Recessed Lighting
  • 3 Fireplaces
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • French Doors
  • Insulated Doors
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Down Draft Cooktop
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Roll-under Vanity
  • Low Bathroom Mirrors
  • Halls are 36 inches wide or more
  • Modifications for wheelchair accessibility
  • Doors swing in
  • Doors with lever handles
  • Receding Pocket Doors
  • Entry Slope Less Than 1 Foot
  • Ramp on the main level
  • Vehicle Transfer Area

Eco-Friendly Details

  • Energy-Efficient Construction
  • Air Cleaner

Outdoor Features

  • Patio
  • Terrace

Schools

  • Seven Locks Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Multi-Tank Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 114
  • Assessor Parcel Number 161003135812
  • $681 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, recreation facility, reserve funds, snow removal, trash, security gate
  • Avenel Subdivision, Custom Beauty Floorplan
  • Avenel Community
  • The community has rules related to alterations or architectural changes, no recreational vehicles, boats or trailers

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Golf Club
  • Golf Course Membership Available
  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Community Stables
  • Horse Trails
  • Jogging Path

Security

  • Security Service
  • Fenced around community
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,884

Year Built

Built in 1998 | Remodeled in 2010

Lot Details

0

HOA Fees

$680 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 36"+ Wide Halls, Doors - Lever Handle(s), Doors - Recede, Doors - Swing In, Elevator, Entry Slope <1', Low Bathroom Mirrors, Level Entry - Main, Ramp - Main Level, Roll-In Shower, Roll-Under Vanity, Vehicle Transfer Area, Wheelchair Mod
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1998
  • Year Renovated: 2010
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Air Cleaner, Central Vacuum, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Washer, Refrigerator
  • Interior Amenities: Breakfast Area, 2nd Kitchen, Kitchen - Island, Dining Area, Kitchen - Gourmet, Primary Bath(s), Entry Level Bedroom, Built-Ins, Chair Railings, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Insulated, Screens
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French, Insulated
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Dry Wall, High
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Walkout Level, Full, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 15629
  • Living Area Sq Ft: 15379
  • Price Per Sq Ft: 341.19
  • Above Grade Finished Sq Ft: 9379
  • Below Grade Finished Sq Ft: 6000
  • Below Grade Sq Ft: 250
  • Total Below Grade Sq Ft: 6250
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 4.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Stucco
  • Exterior Features: Extensive Hardscape, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Handicap Parking, Paved Driveway, Asphalt Driveway
  • Garage Features: Garage - Side Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Multi-Tank, Natural Gas
  • Security: Electric Alarm, Security System, Smoke Detector, Security Gate, Monitored
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Dsl Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 680.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Common Grounds, Fencing, Gated Community, Golf Club, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Picnic Area, Pool - Outdoor, Riding/Stables, Security, Soccer Field, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Snow Removal, Trash, Security Gate
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Rv/Boat/Trail
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School: SEVEN LOCKS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 2311900.00
  • Land Assessed Value: 979000.00
  • Lot Features: Cul-De-Sac, Landscaping, Private, Trees/Wooded
  • Lot Size Acres: 0.90
  • Lot Size Area: 39365
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39365.00
  • Outdoor Living Structures: Terrace, Patio(s)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: RE2C
  • In City Limits: No

Green Features

  • Efficiency: Construction

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14072728
  • Tax Annual Amount: 35884.34
  • Assessor Parcel Number: 161003135812
  • Tax Lot: 114
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Front Foot Fee: 681.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Dec 3, 2018
Sold by
Hewson James R and Hewson Marillyn A
Bought by
Alassar Louai and Mansour Nadia
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Michael Matese
Compass
List Price
$3,200,000
Sold Price
$2,700,000
Premium/Discount to List
-$500,000
-15.62%
Current Estimated Value
$4,005,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,305,755
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Wertlieb Harvey R and Wertlieb G L
Bought by
Hewson James R

Purchase Details

Closed on
Nov 19, 1996
Sold by
Rock Run Ltd Ptnshp
Bought by
G Harvey R and G Wertlieb L
Source: Public Records

Range of Values:

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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
Alassar Louai $2,700,000 Sage Title Group Llc
Hewson James R $3,400,000 --
G Harvey R $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $2,700,000 -15.6% $176 / Sq Ft
09/18/2018 09/18/18 For Sale $3,200,000 -- $208 / 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 $28,205 $2,387,500 $979,000 $1,408,500
2024 $28,205 $2,387,500 $979,000 $1,408,500
2023 $27,488 $2,387,500 $979,000 $1,408,500
2022 $28,275 $2,566,400 $979,000 $1,587,400
2021 $56,550 $2,566,400 $979,000 $1,587,400
2020 $0 $2,566,400 $979,000 $1,587,400
2019 $30,299 $2,700,000 $979,000 $1,721,000
2018 $35,369 $3,217,433 $0 $0
2017 $35,115 $3,143,967 $0 $0
2016 -- $3,070,500 $0 $0
2015 $31,975 $3,054,867 $0 $0
2014 $31,975 $3,039,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Banner

    Seller's Agent in 2018

    Wendy Banner

    Compass

    (301) 365-9090

    97 in this area

    509 Total Sales

    Wendy Banner
    Section Image
  • Michael Matese

    Buyer's Agent in 2018

    Michael Matese

    Compass

    (301) 806-6829

    31 in this area

    150 Total Sales

    Michael Matese
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1005397212

Bright MLS

APN: 10-03135812

Maryland Montgomery County Potomac 20854

8603 Rapley Gate Terrace, Potomac, MD

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