NOT LISTED FOR SALE

8624 Chateau Dr Potomac, MD 20854

Estimated Value: $2,249,000 - $3,013,115

8 Beds
12 Baths
9,497 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $1,202,250 $127 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $16,041/month

231 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • 2 Acre Lot
  • Seven Locks Elementary School Rated A
  • Gourmet Country Kitchen
  • Open Floorplan

About This Home

As of January 2016

REDUCED! Property is sold through auction. Please contact the listing agent for bidding instructions.Luxury home in the heart of Potomac. Features 8 bedrooms and 10 full baths. Spacious open floor plan with a gourmet kitchen, Expansive back yard, featuring an inground pool, Gym and a pool house or in law suite.

Last Agent to Sell the Property

Ramona Williams

(866) 515-6819 dmvbroker@ajicorporate.com Allison James Estates & Homes License #SP98378207 Listed on: 02/26/2015

Allison James Estates & Homes

Last Buyer's Agent

Cindy Souza

(202) 966-1400 cindy.souza@lnf.com Long & Foster Real Estate, Inc. License #590333

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,873

Year Built

  • Built in 1978

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • The property's topography is downhill, sloped
  • Property is in very good condition
  • Property is zoned RE2

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling height of 9 feet or more
  • 4 Fireplaces
  • Includes Fireplace Accessories
  • Atrium Doors
  • Family Room
  • Dining Area
  • Wood Flooring
  • Intercom

Kitchen

  • Gourmet Country Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Front Basement Entry
  • Sump Pump

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Circular Driveway
  • Off-Site Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Shed

Additional Homes

  • Guest House

Schools

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

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Outside HOA
  • Potomac Outside Subdivision

Listing and Financial Details

  • Property is used as a vacation rental
  • Tax Lot 3
  • Assessor Parcel Number 161000850371

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,873

Year Built

Built in 1978

Lot Details

2 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1978
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Humidifier, Icemaker, Intercom, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Washer
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Country, Dining Area, Primary Bath(s), Chair Railings, Built-Ins, Crown Moldings, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Door Features: Atrium
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Primary Bedroom, Family Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Fully Finished, Front Entrance
  • Living Area Units: Square Feet
  • Total Sq Ft: 10321
  • Living Area Sq Ft: 9497
  • Price Per Sq Ft: 184.87
  • Above Grade Finished Sq Ft: 7297
  • Below Grade Finished Sq Ft: 2200
  • Below Grade Sq Ft: 824
  • Total Below Grade Sq Ft: 3024
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 8
  • Main Level Bedrooms: 1
  • Total Bathrooms: 12
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 3.00
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Guest House, Shed
  • Construction Materials: Brick, Brick Front
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Composite, Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Circular Driveway
  • Parking Space Number Assigned: 8
  • Garage Features: Garage - Front Entry
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Site

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Name: POTOMAC OUTSIDE
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 822200.00
  • Land Assessed Value: 1001000.00
  • Lot Features: Cul-De-Sac, Landscaping
  • Lot Size Acres: 2.00
  • Lot Size Area: 87120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87120.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Downhill, Sloped
  • Zoning: RE2

Rental Info

  • Vacation Rental: Yes

Tax Info

  • Assessor Parcel Number: 13979762
  • Tax Annual Amount: 20872.95
  • Assessor Parcel Number: 161000850371
  • Tax Lot: 3
  • Tax Year: 2013

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Farazad Mojgan
Bought by
Farazad Daryoush and Farazad Mojgan
Current Estimated Value
$2,608,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,428,000
Outstanding Balance
$1,294,125
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,314,154

Purchase Details

Closed on
Jun 30, 2016
Sold by
Sfms Llc
Bought by
Farazad Mojgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.66%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jan 22, 2016
Sold by
The Bank Of New York Mellon
Bought by
Sfms Llc
Seller's Agent
Ramona Williams
Allison James Estates & Homes
Buyer's Agent
Cindy Souza
Long & Foster Real Estate, Inc.
List Price
$1,490,000
Sold Price
$1,202,250
Premium/Discount to List
-$287,750
-19.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$962,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2014
Sold by
Pokress Richard O and Pokress Connie L
Bought by
The Bank Of The York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 9, 2003
Sold by
Pokrass Richard O and Pokrass L C
Bought by
Pokrass Richard O and Pokrass Connie L
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
Farazad Daryoush -- Macleod T&E Co Inc
Farazad Mojgan $1,924,000 Express Title Company
Sfms Llc $1,202,250 Advantage Title Company
The Bank Of The York Mellon $850,000 None Available
Pokrass Richard O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farazad Daryoush $1,428,000
Closed Farazad Mojgan $1,100,000
Previous Owner Sfms Llc $962,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2016 01/27/16 Sold $1,202,250 -10.9% $127 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
09/25/2015 09/25/15 Price Changed $1,349,000 -2.9% $142 / Sq Ft
07/29/2015 07/29/15 Price Changed $1,390,000 -6.7% $146 / Sq Ft
07/01/2015 07/01/15 Price Changed $1,490,000 0.0% $157 / Sq Ft
07/01/2015 07/01/15 For Sale $1,490,000 +23.9% $157 / Sq Ft
07/01/2015 07/01/15 Off Market $1,202,250 -- --
05/10/2015 05/10/15 For Sale $1,923,600 +60.0% $203 / Sq Ft
05/09/2015 05/09/15 Off Market $1,202,250 -- --
03/10/2015 03/10/15 Price Changed $1,923,600 0.0% $203 / Sq Ft
03/10/2015 03/10/15 For Sale $1,923,600 +60.0% $203 / Sq Ft
03/05/2015 03/05/15 Off Market $1,202,250 -- --
02/26/2015 02/26/15 For Sale $1,667,500 -- $176 / Sq Ft
Source: Bright MLS

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 $27,856 $2,666,700 $814,000 $1,852,700
2024 $27,856 $2,357,200 $0 $0
2023 $22,035 $2,047,700 $0 $0
2022 $19,136 $1,738,200 $814,000 $924,200
2021 $19,007 $1,733,700 $0 $0
2020 $37,860 $1,729,200 $0 $0
2019 $18,852 $1,724,700 $814,000 $910,700
2018 $18,879 $1,724,700 $814,000 $910,700
2017 $21,461 $1,724,700 $0 $0
2016 $20,181 $1,823,200 $0 $0
2015 $20,181 $1,815,467 $0 $0
2014 $20,181 $1,807,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ramona Williams

    Seller's Agent in 2016

    Ramona Williams

    Allison James Estates & Homes

    (410) 982-7125

    3 Total Sales

    Ramona Williams
    Section Image
  • Cindy Souza

    Buyer's Agent in 2016

    Cindy Souza

    Long & Foster

    (301) 332-5032

    3 in this area

    182 Total Sales

    Cindy Souza
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002309799

Bright MLS

APN: 10-00850371

Maryland Montgomery County Potomac 20854

8624 Chateau Dr, Potomac, MD

Not Listed for Sale

Detached

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