NOT LISTED FOR SALE

8717 Postoak Rd Potomac, MD 20854

Estimated Value: $1,116,988 - $1,222,000

5 Beds
3.5 Baths
3,658 Sq Ft
$321/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • Deck
  • No HOA
  • Beverly Farms Elementary School Rated A
  • 1 Fireplace
  • 3-minute walk to Highland Stone Neighborhood Park

About This Home

As of July 2024

Welcome to 8717 Postoak Rd., a beautiful residence in one of Potomac's most sought-after communities. This lovely and welcoming home has 5 Bedrooms, 3.5 Baths, Kitchen, Family Room, Sun Room, Dining Room, Formal Living Room, Office-Space, Multi-Purpose Rooms, a Wood-Burning Fireplace and 1-Car Garage. On the Main Level, the residence boasts abundant natural light and a gracious flow throughout with well-proportioned living spaces accented by gleaming hardwood floors, recessed lighting, and a powder-room. The dining room accommodates a variety of multi-sized furnishings and the eat-in kitchen features granite countertop with stainless-steel appliances. A spacious family room with a wood-burning fireplace, an expansive sunroom can be used as another living-space or made into an office. Not to mention the stunning backyard perfect for entertaining and/or kids to play in and 1-car garage. The Upper Level houses the Primary Bedroom Suite with its Primary Bath plus (3)-four additional bedrooms and another bathroom. The Lower Level offers a large living/multi-purpose/gym/theater space with a full-bath and tons of storage space. Minutes from 495, I-270 and all other major highways and shopping. Beverly Farms, Herbert Hoover & Winston Churchill schools. ***PHOTOS HAVE BEEN VIRTUALLY STAGED for your imagination***

Last Agent to Rent the Property

Toni Ghazi

(571) 216-1075 toni.ghazi@compass.com Compass Listed on: 07/22/2024

Compass

Last Renter's Agent

Meital Regev

(202) 664-0060 maytal.mosli@gmail.com Trademark Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,876

Year Built

  • Built in 1968 | Remodeled in 2001

Lot Details

  • 8,100 Sq Ft Lot
  • Back Yard Fenced
  • Landscaped
  • Property is zoned R90

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Stone Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,500
  • No Smoking Allowed
  • 12-Month Min and 48-Month Max Lease Term
  • Available 7/22/24
  • $50 Application Fee
  • Assessor Parcel Number 160400120745

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,876

Year Built

Built in 1968 | Remodeled in 2001

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-07-22
  • Application Fee: 50.00
  • Pets Allowed: No
  • Security Deposit: 4500.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 48
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1968
  • Year Renovated: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 8717 Postoak Rd., a beautiful residence in one of Potomac's most sought-after communities. This lovely and welcoming home has 5 Bedrooms, 3.5 Baths, Kitchen, Family Room, Sun Room, Dining Room, Formal Living Room, Office-Space, Multi-Purpose Rooms, a Wood-Burning Fireplace and 1-Car Garage. On the Main Level, the residence boasts abundant natural light and a gracious flow throughout with well-proportioned living spaces accented by gleaming hardwood floors, recessed lighting, and a powder-room. The dining room accommodates a variety of multi-sized furnishings and the eat-in kitchen features granite countertop with stainless-steel appliances. A spacious family room with a wood-burning fireplace, an expansive sunroom can be used as another living-space or made into an office. Not to mention the stunning backyard perfect for entertaining and/or kids to play in and 1-car garage. The Upper Level houses the Primary Bedroom Suite with its Primary Bath plus (3)-four additional bedrooms and another bathroom. The Lower Level offers a large living/multi-purpose/gym/theater space with a full-bath and tons of storage space. Minutes from 495, I-270 and all other major highways and shopping. Beverly Farms, Herbert Hoover & Winston Churchill schools. ***PHOTOS HAVE BEEN VIRTUALLY STAGED for your imagination***
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone, Slab
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3878
  • Living Area Sq Ft: 3658
  • Price Per Sq Ft: 1.50
  • Above Grade Finished Sq Ft: 2998
  • Below Grade Finished Sq Ft: 660
  • Below Grade Sq Ft: 220
  • Total Below Grade Sq Ft: 880
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8717

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Asphalt
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: WINSTON CHURCHILL
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: WINSTON CHURCHILL

Lot Info

  • Fencing: Rear
  • Land Use Code: R
  • Lot Features: Landscaping
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8100.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Zoning: R90

Tax Info

  • Assessor Parcel Number: 160400120745
  • Tax Total Finished Sq Ft: 3658
  • Close Date: 07/29/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Rajagopal Raman and Srimati Raman
Bought by
Rajagopal Raman and Srimati Rajagopal
Current Estimated Value
$1,175,247

Purchase Details

Closed on
Aug 29, 2011
Sold by
Cartus Financial Corporation
Bought by
Rajagopal Raman and Srimati Rajagopal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,500
Outstanding Balance
$408,274
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$766,973

Purchase Details

Closed on
Aug 24, 2006
Sold by
Grafmeyer Richard A and Grafmeyer A K
Bought by
Cross Amy M and Cross Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2006
Sold by
Grafmeyer Richard A and Grafmeyer A K
Bought by
Cross Amy M and Cross Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1994
Sold by
Novick R E
Bought by
Grafmeyer Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,300
Interest Rate
6.93%
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
Rajagopal Raman -- None Available
Rajagopal Raman $785,000 Fidelity Natl Title Ins Co
Cartus Financial Corporation $785,000 None Available
Cross Amy M $860,000 --
Cross Amy M $860,000 --
Cross Amy M $860,000 --
Cross Amy M $860,000 --
Grafmeyer Richard A $314,018 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartus Financial Corporation $706,500
Closed Cartus Financial Corporation $706,500
Previous Owner Cross Amy M $688,000
Previous Owner Cross Amy M $688,000
Previous Owner Grafmeyer Richard A $298,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Rented $4,650 +3.3% --
07/24/2024 07/24/24 Under Contract -- -- --
07/22/2024 07/22/24 For Rent $4,500 -- --
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 $9,876 $860,400 -- --
2024 $9,876 $805,100 $0 $0
2023 $0 $749,800 $361,300 $388,500
2022 $8,094 $747,767 $0 $0
2021 $16,189 $745,733 $0 $0
2020 $7,986 $743,700 $361,300 $382,400
2019 $7,826 $735,067 $0 $0
2018 $8,025 $726,433 $0 $0
2017 $7,669 $717,800 $0 $0
2016 -- $694,700 $0 $0
2015 $6,832 $671,600 $0 $0
2014 $6,832 $648,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2141242

Bright MLS

APN: 04-00120745