NOT LISTED FOR SALE

8700 Belmart Rd Potomac, MD 20854

Estimated Value: $2,006,000 - $2,505,000

4 Beds
5 Baths
5,124 Sq Ft
$429/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $1,355,550 $265 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $13,222/month

Highlights

  • 2.02 Acre Lot
  • Colonial Architecture
  • Main Floor Bedroom
  • Potomac Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of June 2019

UPDATED AND EXPANDED IN POTOMAC FALLS! Great value for this beautiful, move in condition home in prestigious Potomac Falls. Recent addition and renovations by O'Neill Development; Custom and top quality finishes; Kitchen open to family room, updated baths, spacious bedrooms with walk in closets, walk out lower level, deck and more! NOT TO BE MISSED!

Last Agent to Sell the Property

Sondra Mulheron

(301) 785-9536 smulheron@longandfoster.com Compass License #SP98369089 Listed on: 04/26/2019

Compass

Co-Listed By

Pamela Schiattareggia

(301) 802-7796 pam.scat@compass.com Compass License #623642

Last Buyer's Agent

John Coleman

(202) 427-9689 john@jasonmartingroup.com Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,389

Year Built

  • Built in 1976 | Remodeled in 2014

Lot Details

  • 2.02 Acre Lot
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Programmable Thermostat
  • Water Heater
  • On Site Septic

Community Details

  • No Home Owners Association
  • Potomac Falls Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 161001519195

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,389

Year Built

Built in 1976 | Remodeled in 2014

Lot Details

0

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: 2019-04-26
  • Federal Flood Zone: No
  • Year Built: 1976
  • Year Renovated: 2014
  • Remarks Public: UPDATED AND EXPANDED IN POTOMAC FALLS! Great value for this beautiful, move in condition home in prestigious Potomac Falls. Recent addition and renovations by O'Neill Development; Custom and top quality finishes; Kitchen open to family room, updated baths, spacious bedrooms with walk in closets, walk out lower level, deck and more! NOT TO BE MISSED!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Dryer
  • Interior Amenities: Combination Kitchen/Living, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Wood Floors, Kitchen - Table Space, Carpet
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 5736
  • Living Area Sq Ft: 5124
  • Price Per Sq Ft: 368.62
  • Above Grade Finished Sq Ft: 3524
  • Below Grade Finished Sq Ft: 1600
  • Below Grade Sq Ft: 612
  • Total Below Grade Sq Ft: 2212
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8700

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • 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
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat, Zoned, Central A/C
  • Heating Fuel: Oil
  • Heating Type: Zoned, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: POTOMAC
  • Middle School: HERBERT HOOVER
  • High School: WINSTON CHURCHILL
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 445800.00
  • Land Assessed Value: 1002000.00
  • Land Use Code: 011
  • Lot Size Acres: 2.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87991.00
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13985865
  • Tax Annual Amount: 16389.00
  • Assessor Parcel Number: 161001519195
  • Tax Lot: 29
  • Tax Total Finished Sq Ft: 5124
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 06/17/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 17, 2019
Sold by
Ziemski John S and Ziemski Dawn N
Bought by
Marsh Ethan Edward and Marsh Molly Barkman
Seller's Agent
Sondra Mulheron
Compass
Buyer's Agent
John Coleman
Real Broker, LLC
List Price
$1,299,000
Sold Price
$1,355,550
Premium/Discount to List
$56,550
4.35%
Current Estimated Value
$2,200,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,799
Avg. Annual Appreciation
7.95%
Original Mortgage
$1,000,000
Outstanding Balance
$877,462
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,322,887

Purchase Details

Closed on
Feb 21, 2008
Sold by
Bass John H
Bought by
Ziemski John S

Purchase Details

Closed on
Feb 4, 2008
Sold by
Bass John H
Bought by
Ziemski John S
Source: Public Records

Range of Values:

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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
Marsh Ethan Edward $1,355,550 Federal Title & Escrow Co
Ziemski John S $1,525,000 --
Ziemski John S $1,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Ethan Edward $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2019 06/17/19 Sold $1,355,550 +4.4% $265 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $1,299,000 -- $254 / 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 $18,674 $1,699,200 $900,800 $798,400
2024 $18,674 $1,559,533 $0 $0
2023 $16,205 $1,419,867 $0 $0
2022 $14,082 $1,280,200 $900,800 $379,400
2021 $14,008 $1,280,200 $900,800 $379,400
2020 $13,977 $1,280,200 $900,800 $379,400
2019 $15,695 $1,447,800 $1,002,000 $445,800
2018 $15,698 $1,446,200 $0 $0
2017 $15,112 $1,333,000 $0 $0
2016 $13,241 $1,339,700 $0 $0
2015 $13,241 $1,317,933 $0 $0
2014 $13,241 $1,296,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC653906

Bright MLS

APN: 10-01519195