NOT LISTED FOR SALE

8821 Belmart Rd Potomac, MD 20854

Estimated Value: $1,988,000 - $2,454,000

4 Beds
4.5 Baths
5,420 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $1,500,000 $277 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $13,529/month

Highlights

  • Eat-In Gourmet Kitchen
  • 2.1 Acre Lot
  • Cape Cod Architecture
  • Potomac Elementary School Rated A
  • Dual Staircase
  • Recreation Room

About This Home

As of April 2020

Updated and gorgeous. Over the past year this home has been brought up to 2020 decor with new paint, appliances, added moldings, new light fixtures, flooring, new hardware and so much else. On the exterior, three gated entrances were created and landscape lighting installed. This home has a very deceptive amount of square footage. Not only is there a main level MBR with two full baths and laundry, but there is a library with built-ins, formal dining room, formal living room with gas FP and two sets of doors leading to a large glassed-in sunroom, family room with palladian windows opens to kitchen, study and sitting room. The kitchen with island has been updated and opens to breakfast room with vaulted ceiling and gas fireplace. The upper level has 3 bedrooms all very large in size. One bedroom has an attached playroom / study /TV room. The upper hallway has 5 built-in window seats and a wall of closets. There is also walk-in access to attic space which could be finished.There are 2 staircases to the lower level. One from the foyer to the recreation room and one from kitchen to the garage.

Last Agent to Sell the Property

Kari Wilner

(301) 908-9111 kwilner@ttrsir.com TTR Sotheby's International Realty License #300546 Listed on: 03/17/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Meghan Stroebel

(301) 575-7397 mstroebel@ttrsir.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,096

Year Built

  • Built in 1977

Lot Details

  • 2.1 Acre Lot
  • Property is Fully Fenced
  • Property is zoned RE2

Parking

  • 5 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Dual Staircase
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • 2 Fireplaces
  • Window Treatments
  • Family Room Off Kitchen
  • Sitting Room
  • Living Room
  • Formal Dining Room
  • Den
  • Library
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring
  • Attic
  • Partially Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • Cooktop with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Security Gate
  • Alarm System

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Great Falls Estates Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 161001682558

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,096

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1977
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading
  • Flooring Type: Hardwood
  • Interior Amenities: Additional Stairway, Attic, Breakfast Area, Built-Ins, Chair Railings, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Store/Office, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Study, Sun/Florida Room, Laundry, Recreation Room, Bathroom 3, Attic, Primary Bathroom
  • Basement: Yes
  • Basement Type: Partially Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 7045
  • Living Area Sq Ft: 5420
  • Price Per Sq Ft: 322.92
  • Above Grade Finished Sq Ft: 4800
  • Below Grade Finished Sq Ft: 620
  • Below Grade Sq Ft: 1625
  • Total Below Grade Sq Ft: 2245
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Fiberglass, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 5.00
  • Garage: Yes
  • Garage Features: Additional Storage Area, Basement Garage, Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 5
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • 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
  • Security: Security Gate, Electric Alarm
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 2.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 91476.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 16096.00
  • Assessor Parcel Number: 161001682558
  • Tax Lot: 36
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 24, 2020
Sold by
Delgadillo Daniel J and Delgadillo Jennifer L
Bought by
Jolly Benjamin T and Jolly Lauren C
Seller's Agent
Kari Wilner
TTR Sotheby's International Realty
Buyer's Agent
Meghan Stroebel
TTR Sotheby's International Realty
List Price
$1,550,000
Sold Price
$1,500,000
Premium/Discount to List
-$50,000
-3.23%
Current Estimated Value
$2,294,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,603
Avg. Annual Appreciation
7.66%
Original Mortgage
$1,200,000
Outstanding Balance
$1,061,035
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,233,568

Purchase Details

Listed on
Apr 5, 2018
Closed on
Feb 22, 2019
Sold by
Kenyon Kathleen M and Kenyon John D
Bought by
Delgadillo Daniel J and Delgadillo Jennifer L
Seller's Agent
Adam Isaacson
TTR Sotheby's International Realty
Buyer's Agent
Danielle Spira
Compass
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%
Original Mortgage
$1,170,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 11, 2002
Sold by
Kenyon Kathleen M
Bought by
Kenyon Kathleen M

Purchase Details

Closed on
May 4, 1999
Sold by
Kenyon John D and Kenyon K M
Bought by
Kenyon Kathleen M

Purchase Details

Closed on
Mar 2, 1998
Sold by
Karson Emile and Karson L
Bought by
Kenyon John D and Kenyon K M
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
Jolly Benjamin T $1,500,000 Avenue Settlement Corp
Delgadillo Daniel J $1,300,000 None Available
Kenyon Kathleen M -- --
Kenyon Kathleen M -- --
Kenyon John D $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolly Benjamin T $1,200,000
Previous Owner Delgadillo Daniel J $1,170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2020 04/24/20 Sold $1,500,000 -3.2% $277 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $1,550,000 +19.2% $286 / Sq Ft
02/22/2019 02/22/19 Sold $1,300,000 0.0% $206 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
01/16/2019 01/16/19 Price Changed $1,300,000 -13.0% $206 / Sq Ft
01/02/2019 01/02/19 For Sale $1,495,000 +15.0% $236 / Sq Ft
01/01/2019 01/01/19 Off Market $1,300,000 -- --
10/18/2018 10/18/18 Price Changed $1,495,000 -12.1% $236 / Sq Ft
04/05/2018 04/05/18 For Sale $1,700,000 -- $269 / 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 $19,366 $1,797,300 $904,200 $893,100
2024 $19,366 $1,619,633 $0 $0
2023 $16,003 $1,441,967 $0 $0
2022 $13,906 $1,264,300 $904,200 $360,100
2021 $13,832 $1,264,300 $904,200 $360,100
2020 $13,801 $1,264,300 $904,200 $360,100
2019 $15,404 $1,412,000 $1,006,400 $405,600
2018 $15,424 $1,412,000 $1,006,400 $405,600
2017 $17,916 $1,412,000 $0 $0
2016 -- $1,575,200 $0 $0
2015 $15,450 $1,543,667 $0 $0
2014 $15,450 $1,512,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC700658

Bright MLS

APN: 10-01682558