NOT LISTED FOR SALE

8809 Belmart Rd Potomac, MD 20854

Estimated Value: $1,862,000 - $2,127,867

4 Beds
5 Baths
4,031 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $1,305,000 $324 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,839/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • 5.11 Acre Lot
  • Colonial Architecture
  • Potomac Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of July 2016

Best value in Potomac Falls! 4000 square feet of a brand new house! Completely redone from new windows, roof, hvac, kitchen and baths, refinished flooring, finished basement, new patio and retaining wall.... Walk to great falls park!

Last Agent to Sell the Property

Lori Leasure

(240) 498-1884 lori.leasure@wfp.com Washington Fine Properties, LLC License #0225243922 Listed on: 06/04/2016

Washington Fine Properties, LLC

Last Buyer's Agent

Michael Matese

(301) 806-6829 mike@michaelmatese.com Compass License #0225046541

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,764

Year Built

  • Built in 1979 | Remodeled in 2015

Lot Details

  • 5.11 Acre Lot
  • Partially Fenced Property
  • Private Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • 1 Fireplace
  • Bay Window
  • Sliding Doors
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring
  • Views of Woods
  • Finished Basement
  • Heated Basement

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling System Utilizes Bottled Gas
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Bottled Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Great Falls Estates Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 161001682582

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,764

Year Built

Built in 1979 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1979
  • Year Renovated: 2015
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Island, Dining Area, Primary Bath(s), Chair Railings, Crown Moldings, Wainscotting, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 4031
  • Living Area Sq Ft: 4031
  • Price Per Sq Ft: 403.32
  • Above Grade Finished Sq Ft: 3310
  • Below Grade Finished Sq Ft: 721
  • Total Below Grade Sq Ft: 721
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Composite
  • View: Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Bottled Gas/Propane
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Bottled Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: POTOMAC
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Fencing: Partially
  • Lot Features: Backs To Trees, Private
  • Lot Size Acres: 5.11
  • Lot Size Area: 222592
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 222592.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE2

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 15764.50
  • Assessor Parcel Number: 161001682582
  • Tax Lot: 46
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2016
Closed on
Jul 12, 2016
Sold by
8809 Belmart Road Llc
Bought by
Epstein Jason A and Epstein Tina L
Seller's Agent
Lori Leasure
Washington Fine Properties, LLC
Buyer's Agent
Michael Matese
Compass
List Price
$1,335,000
Sold Price
$1,305,000
Premium/Discount to List
-$30,000
-2.25%
Current Estimated Value
$1,979,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,467
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,044,000
Outstanding Balance
$655,295
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,324,172

Purchase Details

Listed on
May 23, 2015
Closed on
Jun 18, 2015
Sold by
The James H Mayes Jr Living Trust
Bought by
8809 Belmart Road Llc
Seller's Agent
Kerry Fortune
Washington Fine Properties, LLC
Buyer's Agent
Lori Leasure
Washington Fine Properties, LLC
List Price
$1,125,000
Sold Price
$1,000,000
Premium/Discount to List
-$125,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.25%

Purchase Details

Closed on
Aug 19, 2003
Sold by
Mayes James H and Mayes Katheryn H
Bought by
Mayes James H Jr Et Al Tr

Purchase Details

Closed on
Dec 11, 2001
Sold by
Mayes James H and Mayes Katheryn H
Bought by
Mayes James H Jr Et Al Tr

Purchase Details

Closed on
Feb 23, 1996
Sold by
Mayes James H and Mayes H Mayes K
Bought by
James H Mayes Jr Et Al Tr
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

Date Buyer Sale Price Title Company
Epstein Jason A $1,305,000 Sage Title Group Llc
8809 Belmart Road Llc $1,000,000 Millennium Title & Abstract
Mayes James H Jr Et Al Tr -- --
Mayes James H Jr Et Al Tr -- --
Mayes James H -- --
James H Mayes Jr Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epstein Jason A $1,044,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2016 07/12/16 Sold $1,305,000 -2.2% $324 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $1,335,000 +33.5% $331 / Sq Ft
06/18/2015 06/18/15 Sold $1,000,000 -11.1% $354 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $1,125,000 -- $398 / Sq Ft
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 $18,717 $1,689,000 $945,700 $743,300
2024 $18,717 $1,563,267 $0 $0
2023 $17,927 $1,437,533 $0 $0
2022 $14,430 $1,311,800 $945,700 $366,100
2021 $14,325 $1,311,800 $945,700 $366,100
2020 $14,325 $1,311,800 $945,700 $366,100
2019 $14,325 $1,314,100 $1,059,700 $254,400
2018 $14,343 $1,314,100 $1,059,700 $254,400
2017 $14,608 $1,314,100 $0 $0
2016 -- $1,392,400 $0 $0
2015 $14,310 $1,376,367 $0 $0
2014 $14,310 $1,360,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002436043

Bright MLS

APN: 10-01682582