NOT LISTED FOR SALE

8920 Liberty Ln Potomac, MD 20854

Estimated Value: $799,000 - $934,000

3 Beds
3 Baths
2,496 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $550,000 $220 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,214/month

68 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Bedroom
  • 1 Fireplace
  • Morton Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of September 2018

Great price for Potomac home in Churchill district. This is a small but very livable home on 1/2 acre lot with updated bathrooms. The 3rd bedroom has been converted into a den off the master bedroom but can be changed back. Being sold "as is"

Last Agent to Sell the Property

Barbara Stutz

(240) 603-7228 barb.stutz@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #590649 Listed on: 06/14/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Amy Musher

(301) 254-2697 amy.musher@gmail.com Berkshire Hathaway HomeServices PenFed Realty License #SP98358525

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,452

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot
  • Wooded Lot
  • Property is zoned R90

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 1 Level
  • Chair Railings
  • Skylights
  • 1 Fireplace
  • Screen For Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement
  • Sump Pump
  • Attic

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Beverly Farms Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160402024872

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,452

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-14
  • Year Built: 1956
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Chair Railings
  • Window Features: Skylights
  • Fireplace Features: Equipment, Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Laundry, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Circular Driveway, Paved Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 220200.00
  • Land Assessed Value: 419900.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.49
  • Lot Size Area: 21196
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 21196.00
  • Zoning: R90

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13827938
  • Tax Annual Amount: 7451.75
  • Assessor Parcel Number: 160402024872
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Sep 21, 2018
Sold by
Wise Steven P and Murray Elisabeth A
Bought by
Yeo Kyu Hwan and Lee Kyung Jae
Seller's Agent
Barbara Stutz
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Amy Musher
Berkshire Hathaway HomeServices PenFed Realty
List Price
$579,900
Sold Price
$550,000
Premium/Discount to List
-$29,900
-5.16%
Current Estimated Value
$864,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,268
Avg. Annual Appreciation
6.47%
Original Mortgage
$200,000
Outstanding Balance
$174,053
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$690,215

Purchase Details

Closed on
Nov 22, 2005
Sold by
Wise Steven P
Bought by
Wise Steven P

Purchase Details

Closed on
Oct 4, 2005
Sold by
Wise Steven P
Bought by
Wise Steven P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Yeo Kyu Hwan $550,000 Capital Title Ins Agency Inc
Wise Steven P -- --
Wise Steven P -- --
Wise Steven P -- --
Wise Steven P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeo Kyu Hwan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $550,000 -5.2% $220 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $579,900 0.0% $232 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $579,900 0.0% $232 / Sq Ft
07/30/2018 07/30/18 For Sale $579,900 -7.9% $232 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $629,900 -- $252 / 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 $7,966 $675,300 -- --
2024 $7,966 $629,400 $0 $0
2023 $6,702 $583,500 $419,900 $163,600
2022 $6,394 $583,500 $419,900 $163,600
2021 $6,326 $583,500 $419,900 $163,600
2020 $13,830 $640,100 $419,900 $220,200
2019 $6,805 $632,200 $0 $0
2018 $6,723 $624,300 $0 $0
2017 $6,496 $616,400 $0 $0
2016 $6,189 $582,333 $0 $0
2015 $6,189 $548,267 $0 $0
2014 $6,189 $514,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001798624

Bright MLS

APN: 04-02024872