NOT LISTED FOR SALE

8626 Timber Hill Ln Potomac, MD 20854

Estimated Value: $1,364,000 - $1,498,000

5 Beds
4 Baths
3,035 Sq Ft
$465/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $1,285,000 $423 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,507/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Formal Dining Room
  • Bells Mill Elementary School Rated A
  • 1 Fireplace
  • 5-minute walk to Buck Branch Neighborhood Park

About This Home

As of June 2023

Perfectly situated in a serene semi-wooded setting, 8626 Timber Hill Lane is, a
beautifully updated mid-century modern home, showcasing vaulted ceilings,
multiple skylights, oversized custom windows, recessed lighting, fresh paint, and
natural wood and brick accents over 4-finished levels. Located in the sought-after
East Gate of Potomac neighborhood, this 3,298 square foot home sits on one of the
largest private lots. It merges indoor and outdoor living spaces with an abundance
of windows and numerous sliding glass doors - making it perfect for relaxing or
entertaining. A winding walkway and mature landscaping welcome you into the
home, featuring an open main-level living and dining space with an eat-in gourmet
kitchen. Enjoy the convenience of a wall oven, a center island and the best views in
the neighborhood. Side door opens to the attached two-car garage with new epoxy
floors. The great room boasts a wood beam vaulted ceiling, a brick accent wall, a floor to ceiling custom window inset, and two sets of sliding glass doors that flow out to the patio. Hardwood floors and oversized windows continue throughout the upper level offering 3 bedrooms and 2
beautifully updated full bathrooms. The spacious owner's suite offers a large walk-in
closet and, large windows to flood the room in natural light. The en-suite bathroom
is finished with a glass-enclosed shower and modern tile & hardware. The lower-
level features all above-ground living space with 2 additional bedrooms, a full
bathroom, and a family room. The family room is framed by sliding glass doors with
a walkout to the back patio; it offers a cozy wood burning fireplace and exposed
brick wall. The basement is recently finished with vinyl plank flooring and recessed
lighting. It provides a full bath and a large open space perfect for use as a rec
room, office, exercise room, or media room. RECENT UPGRADES INCLUDE: central
air conditioning unit, side yard retaining wall, and redone garage. Best
location, minutes to Cabin John Shopping Center, Montgomery Mall, Cabin John
Regional Park. Perfect for commuters with easy access to Democracy Blvd, Seven
Locks Rd, I-495, I-270 and 30 minutes to Tysons Corner, Reagan airport.

Last Agent to Sell the Property

Antonia Ketabchi

(301) 908-4474 antonia.ketabchi@redfin.com Redfin Corp Listed on: 05/04/2023

Redfin Corp

Last Buyer's Agent

Svetlana Danshes

(301) 919-2036 danshes@yahoo.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,994

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R200

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Recessed Lighting
  • 1 Fireplace
  • Formal Dining Room
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Potowmack Preserve HOA
  • East Gate Of Potomac Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 161000909636

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,994

Year Built

Built in 1973

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1
  • Expected On Market: 2023-05-04
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Perfectly situated in a serene semi-wooded setting, 8626 Timber Hill Lane is, a beautifully updated mid-century modern home, showcasing vaulted ceilings, multiple skylights, oversized custom windows, recessed lighting, fresh paint, and natural wood and brick accents over 4-finished levels. Located in the sought-after East Gate of Potomac neighborhood, this 3,298 square foot home sits on one of the largest private lots. It merges indoor and outdoor living spaces with an abundance of windows and numerous sliding glass doors - making it perfect for relaxing or entertaining. A winding walkway and mature landscaping welcome you into the home, featuring an open main-level living and dining space with an eat-in gourmet kitchen. Enjoy the convenience of a wall oven, a center island and the best views in the neighborhood. Side door opens to the attached two-car garage with new epoxy floors. The great room boasts a wood beam vaulted ceiling, a brick accent wall, a floor to ceiling custom window inset, and two sets of sliding glass doors that flow out to the patio. Hardwood floors and oversized windows continue throughout the upper level offering 3 bedrooms and 2 beautifully updated full bathrooms. The spacious owner's suite offers a large walk-in closet and, large windows to flood the room in natural light. The en-suite bathroom is finished with a glass-enclosed shower and modern tile & hardware. The lower- level features all above-ground living space with 2 additional bedrooms, a full bathroom, and a family room. The family room is framed by sliding glass doors with a walkout to the back patio; it offers a cozy wood burning fireplace and exposed brick wall. The basement is recently finished with vinyl plank flooring and recessed lighting. It provides a full bath and a large open space perfect for use as a rec room, office, exercise room, or media room. RECENT UPGRADES INCLUDE: central air conditioning unit, side yard retaining wall, and redone garage. Best location, minutes to Cabin John Shopping Center, Montgomery Mall, Cabin John Regional Park. Perfect for commuters with easy access to Democracy Blvd, Seven Locks Rd, I-495, I-270 and 30 minutes to Tysons Corner, Reagan airport.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Stainless Steel Appliances, Refrigerator, Icemaker, Cooktop, Dishwasher, Oven - Wall
  • Interior Amenities: Wood Floors, Formal/Separate Dining Room, Recessed Lighting, Kitchen - Island, Dining Area, Primary Bath(s), Carpet, Walk-In Closet(s)
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3298
  • Living Area Sq Ft: 3035
  • Price Per Sq Ft: 472.98
  • Above Grade Finished Sq Ft: 2535
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 263
  • Total Below Grade Sq Ft: 763
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8626

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 126.00
  • 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

  • Improvement Assessed Value: 666700.00
  • Land Assessed Value: 459800.00
  • Land Use Code: R
  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14625.00
  • Year Assessed: 2023
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13985069
  • Tax Annual Amount: 8994.00
  • Assessor Parcel Number: 161000909636
  • Tax Lot: 44
  • Tax Total Finished Sq Ft: 3035
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/12/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 2, 2023
Sold by
Mathies Henry
Bought by
Myers Claire E and Myers Adrian B
Seller's Agent
Antonia Ketabchi
Redfin Corp
Buyer's Agent
Svetlana Danshes
Compass
List Price
$1,199,000
Sold Price
$1,285,000
Premium/Discount to List
$86,000
7.17%
Views
39
Current Estimated Value
$1,411,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,827
Avg. Annual Appreciation
4.18%
Original Mortgage
$957,000
Outstanding Balance
$931,410
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$480,417

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 29, 2020
Sold by
Li Xiang Ning and Xu Ling
Bought by
Mathies Henry and Deleon Leslie
Seller's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$930,000
Sold Price
$910,000
Premium/Discount to List
-$20,000
-2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%
Original Mortgage
$765,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Karmokolias Ioannis and Karmokolias E
Bought by
Li Xian and Ling Xu

Purchase Details

Closed on
Mar 15, 2005
Sold by
Karmokolias Ioannis and Karmokolias E
Bought by
Li Xian and Ling Xu
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Myers Claire E $1,285,000 Westcor Land Title Insurance C
Myers Claire E $1,285,000 Westcor Land Title Insurance C
Mathies Henry $910,000 Paragon Title Group Inc
Li Xian $810,000 --
Li Xian $810,000 --
Li Xian $810,000 --
Li Xian $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Claire E $957,000
Closed Myers Claire E $957,000
Previous Owner Mathies Henry $765,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $1,285,000 +7.2% $423 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,199,000 +31.8% $395 / Sq Ft
09/30/2020 09/30/20 Sold $910,000 -2.2% $276 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $930,000 -- $282 / 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 $12,126 $1,126,500 $459,800 $666,700
2024 $12,126 $1,008,567 $0 $0
2023 $11,436 $890,633 $0 $0
2022 $8,302 $772,700 $459,800 $312,900
2021 $8,123 $761,900 $0 $0
2020 $15,957 $751,100 $0 $0
2019 $7,841 $740,300 $459,800 $280,500
2018 $7,820 $737,833 $0 $0
2017 $8,085 $735,367 $0 $0
2016 $7,314 $732,900 $0 $0
2015 $7,314 $728,933 $0 $0
2014 $7,314 $724,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2088644

Bright MLS

APN: 10-00909636