NOT LISTED FOR SALE

8723 Persimmon Tree Rd Potomac, MD 20854

Estimated Value: $3,782,000 - $4,411,000

7 Beds
7.5 Baths
8,971 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $4,350,000 $485 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $24,850/month

66 Days on Market

Highlights

  • Private Pool
  • 2.01 Acre Lot
  • Marble Flooring
  • Carderock Springs Elementary School Rated A
  • Recreation Room
  • Georgian Architecture

About This Home

As of July 2024

BUYER IS A LICENSED BROKER AND WAIVED THE 2.5% CO-OP IN EXCHANGE FOR A CREDIT TOWARD THE SALES PRICE, MAKING THE EFFECTIVE PRICE $4.46M. Set back from the road on 2.01 pristine acres in the prestigious Potomac enclave of Bradley Farms, this recently renovated and reimagined luxury home is a seamless blend of traditional architecture and modern, European design. This property is the pinnacle of Potomac living, featuring a main home with six bedrooms, six bathrooms, and one half bath, tennis court, pool, pool house with wet bar, an additional full bathroom as well as a living space or seventh bedroom. In the main home, an impressive front porch with two story columns leads to a custom steel and glass double front door by the French Steel Company. A grand foyer with checkered marble floor is flanked by embassy sized formal living and dining rooms each with fireplaces, built-in cabinets, detailed moldings, and custom plaster details.Through the dining room is a meticulously designed kitchen with the finest custom finishes and cabinetry. The most noteworthy kitchen details include a 15‘ oak island, a dual-fuel Lacanche range with two ovens, Wolf wall oven, separate Sub-Zero refrigerator and freezer, two dishwashers, a breakfast nook, and two massive french doors leading to the Ipe deck. Adjacent to the kitchen is an oversized, multi-purpose mudroom that also functions as a home command center, secondary kitchen staging area, as well as a laundry room and includes access to the three car garage. On the other side of the kitchen a rear gallery with wine and beverage bar opens to a sunken family room with paneled walls, stone surround fireplace, and herringbone wood floors. The rear gallery leads to a stunning paneled library with a fireplace and soaring ceilings. A formal powder room with floating marble vanity featuring an inlay marble sink and wall mounted Waterworks fixtures rounds out the main level. On the upper level, a landing with a detailed built-in bench welcomes you to the primary suite foyer. Off the primary foyer is a spacious bedroom with a seating area, fireplace, and custom vaulted ceiling feature. Back through the primary vestibule is a hall with three closets leading to the primary bathroom. The primary bathroom features radiant heat marble floors with marble inlay rug, white oak vanities, frosted glass surround water closet, and all Waterworks plumbing fixtures including a cast iron floating tub with skylight above. Four additional bedrooms, two with a shared bathroom and two with a dedicated bathroom (one en-suite) complete the upper level. The walk-out lower level features a checkered marble foyer, wine cellar, media room, second kitchen, living space with fireplace, full bedroom suite with marble bathroom and walk-in closet, an expansive gym, additional full bathroom, and a patio. The private, flat rear yard includes an in-ground pool, pergola, tennis court with professional grade basketball hoop, and a pool house. This impressive property is located just minutes from Potomac Village, Congressional Country Club, and I-495. Whitman School Cluster!

Last Agent to Sell the Property

Cheryl Leahy

(301) 370-2484 CLeahy@aol.com Compass License #SP40000848 Listed on: 04/10/2024

Compass

Co-Listed By

Gregory Gaddis

(240) 704-2445 gsgaddis@gmail.com Compass

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,373

Year Built

  • Built in 1988 | Remodeled in 2022

Lot Details

  • 2.01 Acre Lot
  • Property is in excellent condition
  • Property is zoned RE2

Parking

  • 3 Car Direct Access Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Wood Walls

Interior Spaces

  • Property has 3 Levels
  • Paneling
  • Ceiling height of 9 feet or more
  • 7 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Library
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Utility Room
  • Home Gym

Flooring

  • Wood
  • Marble
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Pool

  • Private Pool

Schools

  • Carderock Springs Elementary School
  • Thomas W. Pyle Middle School
  • Walt Whitman High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bradley Farms Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 161000866627

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,373

Year Built

Built in 1988 | Remodeled in 2022

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Georgian
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1988
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Marble, Luxury Vinyl Plank
  • Fireplaces Count: 7
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Paneled Walls, Wood Walls
  • Foundation Details: Block
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Library, Foyer, Exercise Room, Mud Room, Recreation Room, Storage Room, Utility Room, Bedroom 6, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level
  • Total Sq Ft: 10772
  • Living Area Sq Ft: 8971
  • Price Per Sq Ft: 697.64
  • Above Grade Finished Sq Ft: 6522
  • Above Grade Unfinished Sq Ft: 950
  • Below Grade Finished Sq Ft: 2449
  • Below Grade Sq Ft: 851
  • Total Below Grade Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

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

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: THOMAS W. PYLE

Lot Info

  • Lot Size Acres: 2.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 87556.00
  • Property Condition: Excellent
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 34373.00
  • Assessor Parcel Number: 161000866627
  • Tax Lot: 16
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 16, 2024
Sold by
Gilmore Peter A and Gaddis Gregory
Bought by
Sowers Tucker and Sowers Alison
Seller's Agent
Cheryl Leahy
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$4,895,000
Sold Price
$4,350,000
Premium/Discount to List
-$545,000
-11.13%
Views
293
Current Estimated Value
$4,152,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$197,063
Avg. Annual Appreciation
-3.56%

Purchase Details

Closed on
Aug 14, 2023
Sold by
Gilmore Peter A
Bought by
Gilmore Peter A and Gaddis Gregory

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 5, 2020
Sold by
Sparks Elisabeth B and Sparks Elisabeth B
Bought by
Gilmore Peter A
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$2,375,000
Sold Price
$2,300,000
Premium/Discount to List
-$75,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$1,840,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Hendricks John S
Bought by
Sparks Elisabeth B Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2007
Sold by
Hendricks John S
Bought by
Sparks Elisabeth B Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Sowers Tucker $4,350,000 Commonwealth Land Title
Sowers Tucker $4,350,000 Commonwealth Land Title
Gilmore Peter A -- Paragon Title
Gilmore Peter A -- Paragon Title
Gilmore Peter A $2,300,000 Paragon Title & Escrow Co
Sparks Elisabeth B Tr $3,525,000 --
Sparks Elisabeth B Tr $3,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilmore Peter A $1,840,000
Previous Owner Sparks Elisabeth B Tr $1,000,000
Previous Owner Sparks Elisabeth B Tr $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $4,350,000 -4.4% $485 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $4,550,000 -7.0% $507 / Sq Ft
05/06/2024 05/06/24 For Sale $4,895,000 0.0% $546 / Sq Ft
04/25/2024 04/25/24 Off Market $4,895,000 -- --
04/10/2024 04/10/24 For Sale $4,895,000 +112.8% $546 / Sq Ft
11/16/2020 11/16/20 Sold $2,300,000 -3.2% $252 / Sq Ft View Prior Sale
09/17/2020 09/17/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $2,375,000 0.0% $260 / Sq Ft
07/27/2016 07/27/16 Rented $9,500 -26.9% --
07/27/2016 07/27/16 Under Contract -- -- --
06/27/2016 06/27/16 For Rent $13,000 -- --
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 $37,339 $3,491,700 $1,210,600 $2,281,100
2024 $37,339 $3,175,700 $0 $0
2023 $34,373 $2,859,700 $0 $0
2022 $28,084 $2,543,700 $1,210,600 $1,333,100
2021 $27,998 $2,543,700 $1,210,600 $1,333,100
2020 $57,336 $2,543,700 $1,210,600 $1,333,100
2019 $30,284 $2,693,200 $1,210,600 $1,482,600
2018 $30,330 $2,693,200 $1,210,600 $1,482,600
2017 $37,497 $2,693,200 $0 $0
2016 $30,713 $3,212,200 $0 $0
2015 $30,713 $3,008,133 $0 $0
2014 $30,713 $2,804,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2127350

Bright MLS

APN: 10-00866627