NOT LISTED FOR SALE

8614 Timber Hill Ln Potomac, MD 20854

Estimated Value: $1,225,000 - $1,532,000

4 Beds
4 Baths
3,381 Sq Ft
$421/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,029,000 $304 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,004/month

4 Days on Market

Highlights

  • Filtered Pool
  • Contemporary Architecture
  • Double Oven
  • Bells Mill Elementary School Rated A
  • Water Fountains
  • Skylights

About This Home

As of July 2020

OFFERS DUE BY 5:00PM ON MONDAY JUNE 15THWelcome to this extraordinary home with four bedrooms, four bathrooms and a two-vehicle garage. Enjoy the first floor kitchen and dining room expansion/renovation. The top of the line kitchen has gas cooking, custom cabinetry, expansive center island, KitchenAid French door refrigerator, Whirlpool Monogram double ovens, vaulted ceiling and extensive natural light via two sets of French doors. The master bedroom went through an extensive renovation in 2018 with dual vanities, and an over-sized shower. Lastly, entertain guests in a country club like setting with a recently renovated salt water swimming pool with a waterfall feature, gorgeous landscaping, and plenty of sitting and lounging for friends and family. Welcome home!

Last Agent to Sell the Property

Adam Isaacson

TTR Sotheby's International Realty License #SP98369851 Listed on: 06/10/2020

TTR Sotheby's International Realty

Co-Listed By

Eris Norman

TTR Sotheby's International Realty License #0225241047

Last Buyer's Agent

Colin McKevitt

Real Broker, LLC - Gaithersburg License #0225239532

Real Broker, LLC - Gaithersburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,617

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Dining Area
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Water Fountains

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Potowmack Preserve HOA
  • East Gate Of Potomac Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 161000909578

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,617

Year Built

Built in 1973

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-06-10
  • Federal Flood Zone: No
  • Year Built: 1973
  • Remarks Public: OFFERS DUE BY 5:00PM ON MONDAY JUNE 15THWelcome to this extraordinary home with four bedrooms, four bathrooms and a two-vehicle garage. Enjoy the first floor kitchen and dining room expansion/renovation. The top of the line kitchen has gas cooking, custom cabinetry, expansive center island, KitchenAid French door refrigerator, Whirlpool Monogram double ovens, vaulted ceiling and extensive natural light via two sets of French doors. The master bedroom went through an extensive renovation in 2018 with dual vanities, and an over-sized shower. Lastly, entertain guests in a country club like setting with a recently renovated salt water swimming pool with a waterfall feature, gorgeous landscaping, and plenty of sitting and lounging for friends and family. Welcome home!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Oven - Double, Refrigerator, Disposal, Dryer, Icemaker, Oven/Range - Gas, Washer, Water Heater
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Dining Area, Kitchen - Island, Skylight(s)
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3381
  • Living Area Sq Ft: 3381
  • Price Per Sq Ft: 362.40
  • Above Grade Finished Sq Ft: 2718
  • Below Grade Finished Sq Ft: 663
  • Total Below Grade Sq Ft: 663
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8614

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination
  • Exterior Features: Water Fountains
  • Pool Features: Filtered, Heated, In Ground, Saltwater
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 160.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: POTOWMACK PRESERVE
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 434200.00
  • Land Assessed Value: 446200.00
  • Land Use Code: 011
  • Lot Size Acres: 0.27
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11812.00
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13985063
  • Tax Annual Amount: 9617.00
  • Assessor Parcel Number: 161000909578
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 3238
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 07/31/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 31, 2020
Sold by
Metro A Howard and Metro Sharon J
Bought by
Goldsten John and Goldsten Rachel
Seller's Agent
Adam Isaacson
TTR Sotheby's International Realty
Buyer's Agent
Colin McKevitt
Real Broker, LLC - Gaithersburg
List Price
$985,000
Sold Price
$1,029,000
Premium/Discount to List
$44,000
4.47%
Current Estimated Value
$1,423,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,411
Avg. Annual Appreciation
6.40%
Original Mortgage
$766,000
Outstanding Balance
$685,919
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$716,237

Purchase Details

Closed on
Aug 11, 1992
Bought by
Metro A Howard & S J
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
Goldsten John $1,029,000 Sage Title Group Llc
Metro A Howard & S J $372,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldsten John $766,000
Previous Owner Metro Alan Howard $417,100
Previous Owner Metro Sharon J $327,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,029,000 +4.5% $304 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $985,000 -- $291 / 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
2024 $13,383 $1,111,800 $0 $0
2023 $11,012 $996,100 $0 $0
2022 $9,550 $880,400 $446,200 $434,200
2021 $9,315 $864,900 $0 $0
2020 $9,117 $849,400 $0 $0
2019 $8,925 $833,900 $446,200 $387,700
2018 $8,897 $830,600 $0 $0
2017 $9,181 $827,300 $0 $0
2016 -- $824,000 $0 $0
2015 $8,045 $812,400 $0 $0
2014 $8,045 $800,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC708154

Bright MLS

APN: 10-00909578