NOT LISTED FOR SALE

8901 Abbey Terrace Potomac, MD 20854

Estimated Value: $1,936,578 - $2,185,000

5 Beds
4.5 Baths
4,723 Sq Ft
$434/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,425,000 $302 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $12,935/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Seven Locks Elementary School Rated A
  • Deck
  • Attic

About This Home

As of October 2020

Welcome to this exceptional Natelli built colonial combining the finest in expert workmanship with quality materials and design. Sleek and sophisticated, warm and inviting, the main level open floor plan features formal living and dining rooms, chefs kitchen with Viking and JennAir stainless steel appliances, granite countertops, an island/breakfast bar, and breakfast nook that leads to the family room with a gorgeous stone fireplace with slate hearth and mantel, and French doors to the large deck for wide open views of the 4th & 5th fairways of TPC Potomac at Avenel Farm private golf course. The upper level boasts four bedrooms and three full baths including the spacious master suite retreat with two walk-in closets and renovated luxurious marble bath, and the laundry room. The daylight walk-out lower level has an exercise room, the fifth bedroom and renovated full bath, oversized walk-in storage closet, storage room, utility closet, and large recreation room with fireplace, and French doors leading to the private brick patio. Refinished hardwood flooring, 9ft ceilings throughout the main level, and crown moulding, custom millwork and built-ins throughout the home. Energy Star double pane windows and French doors. Located on a quiet cul-de-sac overlooking the golf course, this home of distinction is located in the Churchill school cluster, convenient to the Capital Beltway, downtown Washington DC, and the shopping and dining options in close by Potomac Village and Bethesda.

Last Agent to Sell the Property

Zelda Heller

Long & Foster Real Estate, Inc. License #304104 Listed on: 06/11/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Coley Reed

Long & Foster Real Estate, Inc. License #99254

Last Buyer's Agent

Bruce Werber

Long & Foster Real Estate, Inc. License #587575

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,700

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Property is zoned RE2C

HOA Fees

  • $362 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Crown Molding
  • 2 Fireplaces
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Double Oven
  • Down Draft Cooktop
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Outdoor Features

  • Deck

Schools

  • Seven Locks Elementary School
  • Cabin John Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Heat Pump System
  • 60 Gallon+ Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 109
  • Assessor Parcel Number 161002655243

Community Details

Overview

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

Amenities

  • Common Area

Recreation

  • Golf Course Membership Available
  • Baseball Field
  • Community Basketball Court
  • Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,700

Year Built

Built in 1994

Lot Details

0

HOA Fees

$362 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: See Disclosures
  • Inclusions: See Disclosures
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this exceptional Natelli built colonial combining the finest in expert workmanship with quality materials and design. Sleek and sophisticated, warm and inviting, the main level open floor plan features formal living and dining rooms, chefs kitchen with Viking and JennAir stainless steel appliances, granite countertops, an island/breakfast bar, and breakfast nook that leads to the family room with a gorgeous stone fireplace with slate hearth and mantel, and French doors to the large deck for wide open views of the 4th & 5th fairways of TPC Potomac at Avenel Farm private golf course. The upper level boasts four bedrooms and three full baths including the spacious master suite retreat with two walk-in closets and renovated luxurious marble bath, and the laundry room. The daylight walk-out lower level has an exercise room, the fifth bedroom and renovated full bath, oversized walk-in storage closet, storage room, utility closet, and large recreation room with fireplace, and French doors leading to the private brick patio. Refinished hardwood flooring, 9ft ceilings throughout the main level, and crown moulding, custom millwork and built-ins throughout the home. Energy Star double pane windows and French doors. Located on a quiet cul-de-sac overlooking the golf course, this home of distinction is located in the Churchill school cluster, convenient to the Capital Beltway, downtown Washington DC, and the shopping and dining options in close by Potomac Village and Bethesda.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Front Loading, Oven - Double, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Crown Moldings, Dining Area, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Laundry, Storage Room, Utility Room
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Outside Entrance, Rear Entrance, Walkout Level, Windows
  • Laundry Type: Upper Floor
  • Total Sq Ft: 5571
  • Living Area Sq Ft: 4723
  • Price Per Sq Ft: 412.64
  • Above Grade Finished Sq Ft: 3623
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Sq Ft: 848
  • Total Below Grade Sq Ft: 1948
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8901

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 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
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • 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 - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Humidifier
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 362.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Bike Trail, Common Grounds, Golf Course Membership Available, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SEVEN LOCKS
  • Middle School: CABIN JOHN
  • High School: WINSTON CHURCHILL
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: SEVEN LOCKS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: CABIN JOHN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 811200.00
  • Land Assessed Value: 685800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16457.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: RE2C
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13991559
  • Tax Annual Amount: 17700.00
  • Assessor Parcel Number: 161002655243
  • Tax Lot: 109
  • Tax Total Finished Sq Ft: 4723
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/08/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 8, 2020
Sold by
Choi Stanford H and Choi Soo Jung
Bought by
Kost Yuri and Kost Inna
Seller's Agent
Zelda Heller
Long & Foster Real Estate, Inc.
Buyer's Agent
Bruce Werber
Long & Foster Real Estate, Inc.
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Current Estimated Value
$2,049,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,895
Avg. Annual Appreciation
6.85%
Original Mortgage
$765,600
Outstanding Balance
$681,275
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,294,051

Purchase Details

Listed on
Sep 3, 2012
Closed on
Mar 29, 2013
Sold by
Fisch Alan M and Fisch Louise
Bought by
Choi Stanford H and Choi Soo Jung
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Michael Moore
Compass
List Price
$1,650,000
Sold Price
$1,585,000
Premium/Discount to List
-$65,000
-3.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$41,630,259
Interest Rate
3.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2001
Sold by
Winter Mark E
Bought by
Fisch Alan M

Purchase Details

Closed on
Jun 10, 1994
Sold by
Natelli Assoc Lp
Bought by
Winter Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kost Yuri $1,425,000 Sage Title Group Llc
Choi Stanford H $1,585,000 Fidelity National Title
Fisch Alan M $1,050,000 --
Winter Mark E $696,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kost Yuri $765,600
Previous Owner Choi Stanford H $3,000,000
Previous Owner Choi Stanford H $725,000
Previous Owner Chioi Stanford H $500,000
Previous Owner Winter Mark E $500,000
Previous Owner Choi Stanford H $41,630,259
Previous Owner Choi Stanford H $118,500,000
Previous Owner Winter Mark E $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $1,425,000 -4.7% $302 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $1,495,000 -5.7% $317 / Sq Ft
03/29/2013 03/29/13 Sold $1,585,000 -0.9% $336 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
01/16/2013 01/16/13 Price Changed $1,599,000 -3.1% $339 / Sq Ft
10/12/2012 10/12/12 For Sale $1,650,000 0.0% $349 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
09/03/2012 09/03/12 For Sale $1,650,000 -- $349 / 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 $19,818 $1,766,600 $685,800 $1,080,800
2024 $19,818 $1,676,733 $0 $0
2023 $18,074 $1,586,867 $0 $0
2022 $16,295 $1,497,000 $685,800 $811,200
2021 $16,228 $1,497,000 $685,800 $811,200
2020 $16,207 $1,497,000 $685,800 $811,200
2019 $17,009 $1,571,700 $685,800 $885,900
2018 $6,476 $1,539,733 $0 $0
2017 $16,630 $1,507,767 $0 $0
2016 $12,651 $1,475,800 $0 $0
2015 $12,651 $1,390,300 $0 $0
2014 $12,651 $1,304,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC711132

Bright MLS

APN: 10-02655243