NOT LISTED FOR SALE

8707 Postoak Rd Potomac, MD 20854

Estimated Value: $969,627 - $1,166,000

4 Beds
4 Baths
2,668 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $760,000 $285 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,479/month

4 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • 2 Fireplaces
  • Morton Elementary School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of September 2014

Fabulous four bedrooms, two full and two half baths with finished basement. House has been updated throughout. Formal dining room and living room as well as Den on main Lvl. Renovated gourmet kitchen with granite counters, breakfast room and mud room with built-ins. Closet organizers. Beautiful custom upper level bathrooms. Separate laundry room on upper level. 2 fireplaces. HMS Home Warranty.

Last Agent to Sell the Property

Irene Wertheimer

(301) 455-6095 irenewer@compass.com Compass License #600344 Listed on: 06/06/2014

Compass

Co-Listed By

Allan Ginsburg

(301) 946-6644 allanginsburg@verizon.net Realty Pros

Last Buyer's Agent

Cara Pearlman

(202) 641-3008 cara@dcsuburbhomes.com Compass License #225180603

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 1967

Lot Details

  • 8,037 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned R90

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 2 Fireplaces
  • Window Treatments
  • Dining Area
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Rear Basement Entry
  • Sump Pump
  • Natural lighting in basement

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • Highland Stone Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 4
  • Assessor Parcel Number 160400120563

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,095

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1967
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Instant Hot Water, Stove
  • Interior Amenities: Breakfast Area, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Study, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Connecting Stairway, Daylight, Full, Full, Partially Finished, Rear Entrance
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 1
  • Parking Features: Carport
  • Attached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Carport

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 295000.00
  • Land Assessed Value: 298700.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 8037
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8037.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13814427
  • Tax Annual Amount: 7094.77
  • Assessor Parcel Number: 160400120563
  • Tax Lot: 4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Sep 5, 2014
Sold by
Mendelson Jesse and Mendelson Elana
Bought by
Lee Alexander and Lee Youngsook
Seller's Agent
Irene Wertheimer
Compass
Buyer's Agent
Cara Pearlman
Compass
List Price
$749,999
Sold Price
$760,000
Premium/Discount to List
$10,001
1.33%
Current Estimated Value
$1,094,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,907
Avg. Annual Appreciation
3.26%
Original Mortgage
$608,000
Outstanding Balance
$465,464
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$629,443

Purchase Details

Closed on
Jun 24, 2010
Sold by
Shen Jean T
Bought by
Mandelson Jesse and Mandelson Elana

Purchase Details

Closed on
Dec 3, 2003
Sold by
Shen Anmin and Shen T J
Bought by
Shen Jean T
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
Lee Alexander $760,000 Title Town Settlements Llc
Mandelson Jesse $625,000 --
Shen Jean T -- --
Shen Jean T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Alexander $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $760,000 +1.3% $285 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $749,999 -- $281 / 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 $9,048 $780,200 -- --
2024 $9,048 $733,200 $0 $0
2023 $7,794 $686,200 $360,800 $325,400
2022 $5,519 $684,700 $0 $0
2021 $7,266 $683,200 $0 $0
2020 $7,266 $681,700 $360,800 $320,900
2019 $7,153 $674,000 $0 $0
2018 $7,055 $666,300 $0 $0
2017 $7,004 $658,600 $0 $0
2016 $6,077 $636,967 $0 $0
2015 $6,077 $615,333 $0 $0
2014 $6,077 $593,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003016042

Bright MLS

APN: 04-00120563