NOT LISTED FOR SALE

8902 Liberty Ln Potomac, MD 20854

Estimated Value: $1,340,000 - $1,798,000

5 Beds
4 Baths
2,682 Sq Ft
$603/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $895,000 $334 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,722/month

34 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Morton Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2014

Superb single family home set in probably the largest and best lot in Beverly Farms. 5beds, 2 full & 2 half baths, 2 car garage. Gorgeous private rear yard. Deck & patio. New Roof, Many new Windows in 2012 !! Gleaming hardwoods throughout 1st and 2nd floors with a walk-out lower level that has a great 2nd family room and bedroom, 1/2 bath and loads of storage. Central Vac.

Last Agent to Sell the Property

Kenneth Bennett

(240) 899-0356 dcrealtorken@gmail.com Samson Properties Listed on: 10/04/2013

Samson Properties

Last Buyer's Agent

Samina Chowdhury

(301) 502-2944 samina@boblucidoteam.com Keller Williams Lucido Agency License #588281

Keller Williams Lucido Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,895

Year Built

  • Built in 1972

Lot Details

  • 0.72 Acre Lot
  • Property is zoned R90

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Rear Basement Entry
  • Natural lighting in basement

Utilities

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

Community Details

  • No Home Owners Association
  • Beverly Farms Subdivision

Listing and Financial Details

  • Tax Lot 17A
  • Assessor Parcel Number 160400126797

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,895

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1972
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Kitchen - Table Space, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Daylight, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 211600.00
  • Land Assessed Value: 370300.00
  • Lot Size Acres: 0.72
  • Lot Size Area: 31235
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 31235.00
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13814877
  • Tax Annual Amount: 6895.08
  • Assessor Parcel Number: 160400126797
  • Tax Lot: 17A
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2013
Closed on
Dec 15, 2013
Sold by
Fan Sheng Zen and Chao Fang Yi
Bought by
Matin Tariqul and Hussain Mahrukh M
Seller's Agent
Kenneth Bennett
Samson Properties
Buyer's Agent
Samina Chowdhury
Keller Williams Lucido Agency
List Price
$875,000
Sold Price
$895,000
Premium/Discount to List
$20,000
2.29%
Current Estimated Value
$1,616,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$721,946
Avg. Annual Appreciation
5.10%
Original Mortgage
$1,056,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 20, 2010
Closed on
Aug 17, 2012
Sold by
Valenza David F and Valenza Susan K
Bought by
Fan Sheng Zen and Chao Fang Yi
Seller's Agent
Luis Martins
RE/MAX Town Center
Buyer's Agent
Kenneth Bennett
Samson Properties
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$742,520
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2006
Sold by
Lerner Margaret L
Bought by
Valenza David F and Valenza Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2006
Sold by
Lerner Margaret L
Bought by
Valenza David F and Valenza Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Matin Tariqul $895,000 Westcor Land Title Ins Co
Fan Sheng Zen $790,000 Westcor Land Title Ins Co
Valenza David F $987,500 --
Valenza David F $987,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matin Tariqul $1,056,000
Previous Owner Fan Sheng Zen $742,520
Previous Owner Valenza David F $575,000
Previous Owner Valenza David F $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2014 01/15/14 Sold $895,000 +2.3% $334 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $875,000 +10.8% $326 / Sq Ft
08/17/2012 08/17/12 Sold $790,000 -1.2% $295 / Sq Ft View Prior Sale
07/13/2012 07/13/12 Pending -- -- --
07/12/2012 07/12/12 Price Changed $799,900 0.0% $298 / Sq Ft
07/12/2012 07/12/12 For Sale $799,900 -1.9% $298 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $815,000 +3.2% $304 / Sq Ft
05/18/2012 05/18/12 Off Market $790,000 -- --
04/24/2012 04/24/12 Price Changed $815,000 -5.2% $304 / Sq Ft
04/23/2012 04/23/12 For Sale $859,900 +8.8% $321 / Sq Ft
03/19/2012 03/19/12 Off Market $790,000 -- --
10/24/2011 10/24/11 Price Changed $859,900 -1.7% $321 / Sq Ft
10/19/2011 10/19/11 Price Changed $874,900 0.0% $326 / Sq Ft
10/03/2011 10/03/11 For Sale $875,000 +10.8% $326 / Sq Ft
10/02/2011 10/02/11 Off Market $790,000 -- --
10/01/2011 10/01/11 For Sale $875,000 +10.8% $326 / Sq Ft
10/01/2011 10/01/11 Off Market $790,000 -- --
08/25/2011 08/25/11 Price Changed $875,000 -4.9% $326 / Sq Ft
07/01/2011 07/01/11 For Sale $919,900 +16.4% $343 / Sq Ft
07/01/2011 07/01/11 Off Market $790,000 -- --
05/01/2011 05/01/11 For Sale $919,900 +16.4% $343 / Sq Ft
05/01/2011 05/01/11 Off Market $790,000 -- --
03/19/2011 03/19/11 Price Changed $919,900 -1.6% $343 / Sq Ft
11/20/2010 11/20/10 For Sale $934,900 -- $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 $14,490 $1,320,133 -- --
2024 $14,490 $1,207,967 $0 $0
2023 $13,863 $1,095,800 $443,100 $652,700
2022 $11,927 $1,095,800 $443,100 $652,700
2021 $12,237 $1,095,800 $443,100 $652,700
2020 $8,676 $1,142,000 $443,100 $698,900
2019 $9,008 $1,137,700 $0 $0
2018 $8,984 $1,133,400 $0 $0
2017 $9,122 $1,129,100 $0 $0
2016 -- $1,111,833 $0 $0
2015 $6,694 $652,100 $0 $0
2014 $6,694 $581,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003737272

Bright MLS

APN: 04-00126797