NOT LISTED FOR SALE

8703 Victory Ln Potomac, MD 20854

Estimated Value: $970,029 - $1,055,000

4 Beds
2.5 Baths
2,400 Sq Ft
$421/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $726,500 $303 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,035/month

6 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Breakfast Area or Nook
  • Morton Elementary School Rated A-
  • No HOA
  • 5-minute walk to Highland Stone Neighborhood Park

About This Home

As of April 2018

True Center hall w/great size and flow, kitchen bump out expansion with walls of glass/vaulted ceilings/skylights, ideal first level 13ft laundry room with 7ft pantry, updated gas/quartz kitchen, recessed lights, RENOVATED GRANITE BATHS, walk in linen closet, hardwoods throughout, easy access to all schools without need to cross main road, park/worship/495/270/bus route

Last Agent to Sell the Property

Kurtis King

(301) 257-4125 realkurtis@aol.com Weichert, REALTORS License #322657 Listed on: 03/23/2018

Weichert, REALTORS

Last Buyer's Agent

Karen Maraia

(301) 661-7203 kmaraia@cbmove.com Coldwell Banker Realty License #101579

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1967

Lot Details

  • 9,057 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Vinyl Clad Windows
  • Family Room Off Kitchen
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Front Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Stone Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 160400121534

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1967
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Oven - Double, Oven - Wall, Refrigerator, Range Hood, Washer
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Table Space, Recessed Lighting
  • Window Features: Skylights, Storm, Vinyl Clad
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Garage, Concrete Driveway
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 286000.00
  • Land Assessed Value: 369100.00
  • Lot Size Acres: 0.21
  • Lot Size Area: 9057
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9057.00
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13899811
  • Tax Annual Amount: 7400.13
  • Assessor Parcel Number: 160400121534
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 30, 2018
Sold by
Ikram Khalid and Ikram Shirin
Bought by
Jou Katherine Y and Piergostini Brian Alexander
Seller's Agent
Kurtis King
Weichert, REALTORS
Buyer's Agent
Karen Maraia
Coldwell Banker Realty
List Price
$699,000
Sold Price
$726,500
Premium/Discount to List
$27,500
3.93%
Current Estimated Value
$1,010,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,757
Avg. Annual Appreciation
4.36%
Original Mortgage
$581,200
Outstanding Balance
$476,436
Interest Rate
4.44%
Mortgage Type
Construction
Estimated Equity
$533,821
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jou Katherine Y $726,500 Paragon Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jou Katherine Y $581,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $726,500 -0.3% $303 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
03/28/2018 03/28/18 Price Changed $729,000 +4.3% $304 / Sq Ft
03/23/2018 03/23/18 For Sale $699,000 -- $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
2025 $9,025 $777,333 -- --
2024 $9,025 $731,167 $0 $0
2023 $7,780 $685,000 $369,100 $315,900
2022 $7,292 $675,033 $0 $0
2021 $7,116 $665,067 $0 $0
2020 $6,973 $655,100 $369,100 $286,000
2019 $6,860 $647,433 $0 $0
2018 $6,762 $639,767 $0 $0
2017 $7,170 $632,100 $0 $0
2016 -- $611,200 $0 $0
2015 $6,009 $590,300 $0 $0
2014 $6,009 $569,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000299846

Bright MLS

APN: 04-00121534