NOT LISTED FOR SALE

8924 Belmart Rd Potomac, MD 20854

Estimated Value: $2,540,129 - $3,187,000

5 Beds
7 Baths
5,614 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $2,350,000 $419 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $17,022/month

Highlights

  • Private Pool
  • 2.06 Acre Lot
  • 4 Fireplaces
  • Potomac Elementary School Rated A
  • Colonial Architecture
  • No HOA

About This Home

As of May 2021

This home is located at 8924 Belmart Rd, Potomac, MD 20854 since 17 May 2021 and is currently estimated at $2,837,782, approximately $505 per square foot. This property was built in 1970. 8924 Belmart Rd is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.

Last Agent to Sell the Property

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 05/17/2021

Last Buyer's Agent

Kari Wilner

(301) 516-1212 kwilner@ttrsir.com TTR Sotheby's International Realty License #300546

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,062

Year Built

  • Built in 1970

Lot Details

  • 2.06 Acre Lot
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 4 Fireplaces

Bedrooms and Bathrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Pool

  • Private Pool

Utilities

  • Central 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 3
  • Assessor Parcel Number 161000878454

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,062

Year Built

Built in 1970

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, Main, Upper 1
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 4
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Heated, Outside Entrance, Walkout Level
  • Total Sq Ft: 6438
  • Living Area Sq Ft: 5614
  • Price Per Sq Ft: 522.69
  • Above Grade Finished Sq Ft: 4496
  • Below Grade Finished Sq Ft: 1118
  • Below Grade Sq Ft: 824
  • Total Below Grade Sq Ft: 1942
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 722600.00
  • Land Assessed Value: 902500.00
  • Lot Size Acres: 2.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 89734.00
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13982073
  • Tax Annual Amount: 20062.00
  • Assessor Parcel Number: 161000878454
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
May 12, 2021
Sold by
Stewart Bruce and Stewart Lauretta
Bought by
Kutner Aaron and Kutner Elyssa
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Kari Wilner
TTR Sotheby's International Realty
List Price
$2,350,000
Sold Price
$2,350,000
Current Estimated Value
$2,837,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,782
Avg. Annual Appreciation
4.09%
Original Mortgage
$1,725,000
Outstanding Balance
$1,558,367
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,279,415

Purchase Details

Closed on
Aug 8, 2002
Sold by
Collins Charles S and Collins E M
Bought by
Stewart Bruce and Stewart Lauretta
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
Kutner Aaron $2,350,000 None Available
Stewart Bruce $1,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kutner Aaron $1,725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 For Sale $2,350,000 0.0% $419 / Sq Ft
05/14/2021 05/14/21 Sold $2,350,000 -- $419 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
Source: Bright MLS

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 $23,546 $2,161,600 $902,500 $1,259,100
2024 $23,546 $1,982,767 $0 $0
2023 $20,041 $1,741,133 $0 $0
2022 $17,888 $1,625,100 $902,500 $722,600
2021 $17,810 $1,625,100 $902,500 $722,600
2020 $17,782 $1,625,100 $902,500 $722,600
2019 $19,371 $1,771,700 $1,004,200 $767,500
2018 $19,398 $1,771,700 $1,004,200 $767,500
2017 $24,408 $1,771,700 $0 $0
2016 $19,848 $2,139,600 $0 $0
2015 $19,848 $2,056,833 $0 $0
2014 $19,848 $1,974,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC759040

Bright MLS

APN: 10-00878454