NOT LISTED FOR SALE

8605 Rapley Gate Terrace Potomac, MD 20854

Estimated Value: $3,209,000 - $3,546,248

6 Beds
8 Baths
7,742 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $2,555,000 $330 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $20,370/month

Highlights

  • Heated In Ground Pool
  • Eat-In Gourmet Kitchen
  • Waterfall on Lot
  • Seven Locks Elementary School Rated A
  • Gated Community
  • Commercial Range

About This Home

As of June 2020

Set on 2 stunning acres on a quiet cul de sac in gated Rapley Preserve at Avenel, this custom Natelli built home offers the perfect complement of luxury and casual living. Formal and informal entrances, lovely foyer leading to dramatic staircase with floor to ceiling windows, front to back updated kitchen open to the family room with 10 ft ceilings and stone fireplace, NEW renovated baths, and a peaceful screened porch leading to a flagstone patio with stone fireplace overlooking gorgeous pool and grounds are just a few highlights. The living room and library with gas fireplaces and custom built ins, sun drenched dining room, formal and informal powder rooms, and mudroom with secondary rear staircase round out the main level. Luxurious Owners Suite with tray ceiling, gas fireplace, dual walk in closets and spectacular NEW renovated marble spa bath! Four additional spacious upper level bedroom suites with NEW renovated baths and upper level laundry room are a rare find. Continue to the dual walk out lower level to enjoy the rec room, game and exercise rooms, bedroom, full bath and spacious storage room. Dine al fresco on the flagstone patio with fireplace or on the lovely screened porch as you overlook the pool, spa and expansive yard perfect for any sport imaginable. This home is truly special.

Last Agent to Sell the Property

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 04/02/2020

Compass

Co-Listed By

Ilene Gordon

(301) 440-1060 ilene@bannerteam.com Compass License #98372620

Last Buyer's Agent

Carl Becker

carlgbecker@hotmail.com Premier Properties, LLC License #0225187420

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,295

Year Built

  • Built in 1997

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac
  • Stone Retaining Walls
  • Extensive Hardscape
  • Premium Lot
  • Sprinkler System
  • Backs to Trees or Woods
  • Back and Side Yard
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • 5 Fireplaces
  • Formal Dining Room
  • Electric Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Commercial Range
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement with some natural light

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Screened Patio
  • Waterfall on Lot
  • Exterior Lighting
  • Porch

Schools

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

Utilities

  • 90% Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 161003135801

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, security gate
  • Avenel HOA
  • Built by Natelli
  • Avenel Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Community Center

Recreation

  • Golf Course Membership Available
  • Community Pool
  • Pool Membership Available
  • Horse Trails
  • Jogging Path
  • Bike Trail

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,295

Year Built

Built in 1997

Lot Details

0

HOA Fees

$520 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-04-03
  • Federal Flood Zone: No
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Central Vacuum, Commercial Range, Dishwasher, Disposal, Dryer - Electric, Oven - Double, Six Burner Stove, Water Heater - Tankless
  • Flooring Type: Hardwood, Partially Carpeted, Marble
  • Interior Amenities: Breakfast Area, Built-Ins, Central Vacuum, Crown Moldings, Dining Area, Double/Dual Staircase, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 5
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Outside Entrance, Walkout Level
  • Total Sq Ft: 8804
  • Living Area Sq Ft: 7742
  • Price Per Sq Ft: 434.46
  • Above Grade Finished Sq Ft: 6042
  • Below Grade Finished Sq Ft: 1700
  • Below Grade Sq Ft: 1062
  • Total Below Grade Sq Ft: 2762
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 5
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 5.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Hot Tub, Lawn Sprinkler, Stone Retaining Walls, Water Falls
  • Pool Features: Heated, In Ground
  • Roof: Shake
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway, Paved Driveway
  • Garage Features: Garage - Side Entry, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 520.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Club House, Common Grounds, Community Center, Gated Community, Golf Course Membership Available, Horse Trails, Jog/Walk Path, Pool - Outdoor, Pool Mem Avail, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Security Gate
  • HOA Name: AVENEL
  • HOA: Yes
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: SEVEN LOCKS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 782100.00
  • Land Assessed Value: 1210000.00
  • Lot Features: Backs To Trees, Cul-De-Sac, Premium, Rear Yard, Sideyard(s)
  • Lot Size Acres: 2.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Porch(es), Patio(s), Screened
  • Property Condition: Very Good
  • Zoning: RE2C
  • In City Limits: No

Building Info

  • Builder Name: Natelli

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14072729
  • Tax Annual Amount: 27295.00
  • Assessor Parcel Number: 161003135801
  • Tax Lot: 113
  • 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
Apr 2, 2020
Closed on
Jun 30, 2020
Sold by
Coleman James R and Coleman Martine A
Bought by
Lee Edward Hyun and Lee Jessica
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Carl Becker
Premier Properties, LLC
Sold Price
$2,555,000
Current Estimated Value
$3,369,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,562
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,641,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1996
Sold by
Rock Run Ltd Ptnshp
Bought by
Coleman James R and Coleman M A
Source: Public Records

Range of Values:

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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
Lee Edward Hyun $2,555,000 Title Town Settlements Llc
Coleman James R $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Edward Hyun $1,641,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $2,555,000 0.0% $330 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/02/2020 04/02/20 Off Market $2,555,000 -- --
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 $26,551 $2,369,700 $1,210,000 $1,159,700
2024 $26,551 $2,243,833 $0 $0
2023 $24,382 $2,117,967 $0 $0
2022 $21,938 $1,992,100 $1,210,000 $782,100
2021 $21,856 $1,992,100 $1,210,000 $782,100
2020 $43,661 $1,992,100 $1,210,000 $782,100
2019 $26,603 $2,427,600 $1,210,000 $1,217,600
2018 $26,176 $2,369,533 $0 $0
2017 $25,717 $2,311,467 $0 $0
2016 $24,659 $2,253,400 $0 $0
2015 $24,659 $2,253,400 $0 $0
2014 $24,659 $2,253,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC699462

Bright MLS

APN: 10-03135801