Seller's Agent in 2022
Hong Cai
BMI REALTORS INC.
(202) 787-8969
3 in this area
58 Total Sales
8807 Postoak Rd Potomac, MD 20854
Estimated Value: $988,000 - $1,065,303
4
Beds
4
Baths
2,484
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Fireplace
- 1 Car Attached Garage
- Beverly Farms Elementary School Rated A
- No HOA
- 4-minute walk to Highland Stone Neighborhood Park
About This Home
As of August 2022Welcome to this beautiful, well maintained, upgraded, and fresh painted brick colonial home! It’s at a coveted location close to schools, parks, shopping with easy access to Bethesda, DC and Northern Virginia. Hardwood floors throughout the upper two levels. The main level includes a tiled hall with closet, and a full bathroom. A large family room with chair rail opens into the formal dining room with chandeliers. The Kitchen is with stainless steel appliances, granite countertops, and backsplash. Living room has a wood burning fireplace and is connected to a Sunroom. There is a maintenance-free deck and brick patio. Upstairs you will find four spacious bedrooms and two full bathrooms. The lower level has a very large recreation room, laundry room and full bath. One car garage.
Last Agent to Sell the Property
(202) 787-8969 hongcaibmi@yahoo.com BMI REALTORS INC. License #584711 Listed on: 06/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,491
Year Built
- Built in 1966
Lot Details
- 8,363 Sq Ft Lot
- Property is zoned R90
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Schools
- Beverly Farms Elementary School
- Herbert Hoover Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Highland Stone Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 160400121250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2022
Closed on
Aug 23, 2022
Sold by
Shuhua Yuan
Bought by
Ramushanmugam Saravanan and Saravanan Nivetha
Seller's Agent
Hong Cai
BMI REALTORS INC.
Buyer's Agent
Ven Sunkara
Tesla Realty Group, LLC
List Price
$869,990
Sold Price
$850,000
Premium/Discount to List
-$19,990
-2.3%
Views
6
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
$179,326
Avg. Annual Appreciation
6.22%
Original Mortgage
$807,500
Outstanding Balance
$772,011
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$257,315
Purchase Details
Closed on
Feb 3, 2016
Sold by
Vatan Mohammad All and Vatan Mohamad G
Bought by
Yuan Shuhua
Purchase Details
Closed on
Jan 23, 2002
Sold by
Yang Edward C H & P T Tr
Bought by
Vatan Mohammad G
Purchase Details
Closed on
May 1, 1998
Sold by
T Edward C and T Yang P
Bought by
Edward C H & P T Yang Tr
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 |
|---|---|---|---|
| Ramushanmugam Saravanan | $850,000 | None Listed On Document | |
| Yuan Shuhua | $735,000 | Fidelity Natl Title Ins Co | |
| Vatan Mohammad G | $360,000 | -- | |
| Edward C H & P T Yang Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ramushanmugam Saravanan | $807,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2022 08/24/22 | Sold | $850,000 | 0.0% | $342 / Sq Ft |
| 07/19/2022 07/19/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | Price Changed | $849,990 | -2.3% | $342 / Sq Ft |
| 06/18/2022 06/18/22 | For Sale | $869,990 | -- | $350 / 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 | $9,750 | $857,200 | -- | -- |
| 2024 | $9,750 | $794,200 | $0 | $0 |
| 2023 | $8,312 | $731,200 | $363,400 | $367,800 |
| 2022 | $7,889 | $729,133 | $0 | $0 |
| 2021 | $7,799 | $727,067 | $0 | $0 |
| 2020 | $7,744 | $725,000 | $363,400 | $361,600 |
| 2019 | $7,283 | $685,833 | $0 | $0 |
| 2018 | $6,838 | $646,667 | $0 | $0 |
| 2017 | $6,430 | $607,500 | $0 | $0 |
| 2016 | -- | $587,000 | $0 | $0 |
| 2015 | $5,864 | $566,500 | $0 | $0 |
| 2014 | $5,864 | $546,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hong Cai
-
Ven Sunkara
Buyer's Agent in 2022
Ven Sunkara
Tesla Realty Group, LLC
(410) 300-3867
1 in this area
60 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2056792
APN: 04-00121250
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