NOT LISTED FOR SALE

8804 Watts Mine Terrace Potomac, MD 20854

Estimated Value: $1,546,000 - $1,860,000

5 Beds
4.5 Baths
3,862 Sq Ft
$441/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2019

Last sale price $1,080,000 $280 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $10,761 / mo

97 Days on Market

Highlights

  • Stables
  • Eat-In Gourmet Kitchen
  • Curved or Spiral Staircase
  • Seven Locks Elementary School Rated A
  • Open Floorplan
  • Colonial Architecture

About This Home

As of April 2019

This home is located at 8804 Watts Mine Terrace, Potomac, MD 20854 since 21 November 2018 and is currently estimated at $1,701,809, approximately $440 per square foot. This property was built in 1989. 8804 Watts Mine Terrace is a home located in Montgomery County with nearby schools including Seven Locks Elementary School, Cabin John Middle School, and Winston Churchill High School.

Last Agent to Sell the Property

David Goldberg

(240) 702-2600 dave@goldberggrouppm.com Goldberg Group Real Estate License #0225277254 Listed on: 11/21/2018

Last Buyer's Agent

Rong Cheng

(301) 970-2447 chengrongwq@hotmail.com Taylor Properties License #0225232212

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,494

Year Built

  • Built in 1989

Lot Details

  • 10,316 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RE2C

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,862 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • 3 Fireplaces
  • Marble Fireplace
  • Fireplace Mantel
  • Formal Dining Room
  • Wood Flooring
  • Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Deck
  • Patio

Schools

  • Potomac Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables
  • Riding Ring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Programmable Thermostat

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 161002655595

Community Details

Overview

  • Association fees include lawn care front, lawn care rear, lawn care side, lawn maintenance, management, pool(s), reserve funds, snow removal, trash
  • Avenel HOA
  • Avenel Subdivision

Recreation

  • Community Pool
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,494

Year Built

Built in 1989

Lot Details

10,316 Sq Ft Lot

HOA Fees

$347 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Entry Slope <1'
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1989
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Exhaust Fan, Oven - Wall, Refrigerator
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Crown Moldings, Curved Staircase, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Wood Floors
  • Fireplace Features: Mantel(s), Marble
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Total Sq Ft: 3862
  • Living Area Sq Ft: 3862
  • Price Per Sq Ft: 304.25
  • Above Grade Finished Sq Ft: 3862
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA Fees: 347.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA Name: AVENEL
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: Yes
  • Horse Amenities: Horse Trails, Horses Allowed, Paddock, Riding Ring, Stable(s)
  • Improvement Assessed Value: 422000.00
  • Land Assessed Value: 723400.00
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10316.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Zoning: RE2C
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13991594
  • Tax Annual Amount: 15494.00
  • Assessor Parcel Number: 161002655595
  • Tax Lot: 139
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Apr 5, 2019
Sold by
Bought by
Seller's Agent
David Goldberg
Goldberg Group Real Estate
Buyer's Agent
Rong Cheng
Taylor Properties
List Price
$1,135,000
Sold Price
$1,080,000
Premium/Discount to List
-$55,000
-4.85%
Current Estimated Value
$1,701,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,809
Avg. Annual Appreciation
6.50%
Original Mortgage
$864,000
Outstanding Balance
$742,590
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$959,219

Purchase Details

Closed on
Dec 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,080,000 Paradigm Title & Escrow Llc
$1,100,000 Sage Title Group Llc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $864,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $1,080,000 -8.1% $280 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
01/29/2019 01/29/19 Price Changed $1,175,000 +3.5% $304 / Sq Ft
11/21/2018 11/21/18 For Sale $1,135,000 0.0% $294 / Sq Ft
04/07/2012 04/07/12 Rented $4,700 -16.1% --
04/07/2012 04/07/12 Under Contract -- -- --
01/28/2012 01/28/12 For Rent $5,600 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,874 $1,299,300 $723,400 $575,900
2024 $14,510 $1,215,600 $0 $0
2023 $12,832 $1,131,900 $0 $0
2022 $11,342 $1,048,200 $723,400 $324,800
2021 $11,280 $1,048,200 $723,400 $324,800
2020 $11,256 $1,048,200 $723,400 $324,800
2019 $14,802 $1,371,600 $723,400 $648,200
2018 $14,681 $1,296,200 $0 $0
2017 $13,522 $1,220,800 $0 $0
2016 -- $1,145,400 $0 $0
2015 $12,051 $1,145,400 $0 $0
2014 $12,051 $1,145,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Goldberg

    Seller's Agent in 2019

    David Goldberg

    Goldberg Group Real Estate

    (301) 233-6501

    7 in this area

    110 Total Sales

    David Goldberg
    Section Image
  • Rong Cheng

    Buyer's Agent in 2019

    Rong Cheng

    Taylor Properties

    (301) 569-1865

    5 in this area

    30 Total Sales

    Rong Cheng
    Section Image

  • A

    Seller's Agent in 2012

    Afsaneh Pahlavan

    Remax Realty Group

  • N

    Buyer's Agent in 2012

    Natalie Adams

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC137156

Bright MLS

APN: 10-02655595

Maryland Montgomery County Potomac 20854

8804 Watts Mine Terrace, Potomac, MD

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