Seller's Agent in 2024
Nicole Powell
Serhant
(240) 793-1624
7 in this area
80 Total Sales
8709 Belmart Rd Potomac, MD 20854
Estimated Value: $1,993,000 - $2,253,000
4
Beds
6
Baths
4,560
Sq Ft
$469/Sq Ft
Est. Value
Highlights
- Private Pool
- 2.3 Acre Lot
- 3 Fireplaces
- Morton Elementary School Rated A-
- Colonial Architecture
- No HOA
About This Home
As of January 2024Open House Saturday 11/25 10am-12pm
Please park in circle and walk through delivery gate entrance.
Welcome to 8709 Belmart Road, an extraordinary hidden gem gracefully situated on a tranquil cul-de-sac in the esteemed Potomac Falls Estates neighborhood. Boasting an impressive 4,800 square feet of living space, this residence encompasses 4 bedrooms, 4 full bathrooms, and 2.5 half baths.
Noteworthy is the rarity of a main-level primary bedroom suite, featuring not one, but two separate en-suite bathrooms and closets, exemplifying unparalleled luxury and convenience. Tucked away in privacy behind secure deer fencing, this residence claims nearly 2.5 acres of exquisitely landscaped land, creating a haven of tranquility.
Outdoors, the property shines with a fully updated pool and pool house, elevating the allure of the landscape and providing an idyllic setting for both relaxation and entertainment. Meticulously cared for and cherished by its original owner, this remarkable property is making its debut on the market for the first time, promising a unique and unparalleled opportunity.
Conveniently located just minutes from I-495, the Clara Barton Parkway, Potomac Village, and the scenic C&O Canal, this residence combines luxurious features with a prime location. Impeccable upkeep, coupled with its rare combination of amenities, positions this property as a truly exceptional find—one that is destined to capture the hearts of discerning buyers.
Last Agent to Sell the Property
(240) 793-1624 nicole.powell@compass.com Serhant License #sp40000130 Listed on: 11/24/2023
Last Buyer's Agent
(240) 238-7412 wind2487@gmail.com Hometown Elite Realty LLC License #SP40001482
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,727
Year Built
- Built in 1976
Lot Details
- 2.3 Acre Lot
- Property is zoned RE2
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Property has 3 Levels
- 3 Fireplaces
- Finished Basement
Bedrooms and Bathrooms
Pool
- Private Pool
Utilities
- Central Air
- Heat Pump System
- Natural Gas Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Great Falls Estates Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 161001519231
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2023
Closed on
Jan 2, 2024
Sold by
Torray Geraldine J
Bought by
Chen Huiming and Duan Xiaoyan
Seller's Agent
Nicole Powell
Serhant
Buyer's Agent
Wendy Wu
Hometown Elite Realty LLC
List Price
$1,850,000
Sold Price
$1,880,000
Premium/Discount to List
$30,000
1.62%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,325
Avg. Annual Appreciation
6.52%
Original Mortgage
$500,000
Outstanding Balance
$491,798
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$1,646,757
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Huiming | $1,880,000 | Fidelity National Title | |
| Chen Huiming | $1,880,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Huiming | $500,000 | |
| Closed | Chen Huiming | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2024 01/02/24 | Sold | $1,880,000 | +1.6% | $412 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 11/24/2023 11/24/23 | For Sale | $1,850,000 | -- | $406 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $19,395 | $1,764,100 | $912,600 | $851,500 |
| 2024 | $19,395 | $1,622,200 | $0 | $0 |
| 2023 | $16,942 | $1,480,300 | $0 | $0 |
| 2022 | $14,724 | $1,338,400 | $912,600 | $425,800 |
| 2021 | $14,619 | $1,338,400 | $912,600 | $425,800 |
| 2020 | $14,619 | $1,338,400 | $912,600 | $425,800 |
| 2019 | $16,545 | $1,515,500 | $1,017,200 | $498,300 |
| 2018 | $16,568 | $1,515,500 | $1,017,200 | $498,300 |
| 2017 | $16,874 | $1,515,500 | $0 | $0 |
| 2016 | -- | $1,639,400 | $0 | $0 |
| 2015 | $16,635 | $1,623,367 | $0 | $0 |
| 2014 | $16,635 | $1,607,333 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Powell
-
Wendy Wu
W
Buyer's Agent in 2024
Wendy Wu
Hometown Elite Realty LLC
(240) 238-7412
1 in this area
17 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2113852
APN: 10-01519231
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