NOT LISTED FOR SALE

9308 Belle Terre Way Potomac, MD 20854

Estimated Value: $4,566,496 - $6,034,000

7 Beds
9 Baths
12,400 Sq Ft
$432/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $4,300,000 $347 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $33,507/month

138 Days on Market

Highlights

  • Second Kitchen
  • Tennis Courts
  • Eat-In Gourmet Kitchen
  • Seven Locks Elementary School Rated A
  • Private Pool
  • 2.04 Acre Lot

About This Home

As of March 2021

Inspired by the best traditions of fine architecture and design, 9308 Belle Terre Way is a serene, 12,000 square foot gated estate with expansive and meticulously landscaped outdoor gardens. Ideally located just outside of Washington, DC in prestigious Potomac, Maryland, the residence is prominently positioned in the exclusive enclave of Belle Terre on a fully-secured and private 2-acre site. Stepping through the front doors, one is engulfed in a sense of calm and relaxed grandeur. With uncompromising finishes and flawless details, 9308 is masterfully constructed and superbly appointed with timeless materials and every modern convenience including Jerusalem limestone, slate roofing, exotic granite, imported Maple flooring, hand-forged iron, and state-of-the-art electronics. 9308 conveys every modern desire with a floor plan ideally suited for both family living and grand-scale entertaining. A total of seven ensuite bedrooms, seven sumptuous full baths, and two half baths provide spacious accommodations for family and guests. The expansive two-level master suite is privately positioned on the second floor with sweeping views of the pool, gardens, and tennis court. At the heart of the home is a luxurious chef's kitchen with the finest custom cabinetry, appliances, and fixtures. In addition, the home features a second catering kitchen, movie theatre, taproom, and a four-car garage, with countless other luxurious features and amenities. A breathtaking main stair acts as a functional work-of-art and serves all three resplendent levels. Outside, the estate delivers five-star resort-style amenities. The glittering pool & spa waterfall are set against lush mature landscaping, providing the perfect contrast to the spectacular natural setting and offering limitless venues for outdoor entertaining. Unquestionably, 9308 Belle Terre Way is on the of the finest estate residences ever offered in Potomac, Maryland.

Last Agent to Sell the Property

Daniel Heider

TTR Sotheby's International Realty License #681976 Listed on: 07/30/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Ben Fazeli

Long & Foster Real Estate, Inc. License #622388

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,093

Year Built

  • Built in 2002

Lot Details

  • 2.04 Acre Lot
  • Property is Fully Fenced
  • Extensive Hardscape
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Home Design

  • Tudor Architecture
  • Stucco

Interior Spaces

  • 12,400 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • 3 Fireplaces
  • Window Treatments
  • Bay Window
  • Sliding Doors
  • Wood Flooring
  • Natural lighting in basement
  • Security Gate
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Second Kitchen
  • Double Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Tennis Courts
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Falconhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 161002762268

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,093

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Tudor
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Inspired by the best traditions of fine architecture and design, 9308 Belle Terre Way is a serene, 12,000 square foot gated estate with expansive and meticulously landscaped outdoor gardens. Ideally located just outside of Washington, DC in prestigious Potomac, Maryland, the residence is prominently positioned in the exclusive enclave of Belle Terre on a fully-secured and private 2-acre site. Stepping through the front doors, one is engulfed in a sense of calm and relaxed grandeur. With uncompromising finishes and flawless details, 9308 is masterfully constructed and superbly appointed with timeless materials and every modern convenience including Jerusalem limestone, slate roofing, exotic granite, imported Maple flooring, hand-forged iron, and state-of-the-art electronics. 9308 conveys every modern desire with a floor plan ideally suited for both family living and grand-scale entertaining. A total of seven ensuite bedrooms, seven sumptuous full baths, and two half baths provide spacious accommodations for family and guests. The expansive two-level master suite is privately positioned on the second floor with sweeping views of the pool, gardens, and tennis court. At the heart of the home is a luxurious chef's kitchen with the finest custom cabinetry, appliances, and fixtures. In addition, the home features a second catering kitchen, movie theatre, taproom, and a four-car garage, with countless other luxurious features and amenities. A breathtaking main stair acts as a functional work-of-art and serves all three resplendent levels. Outside, the estate delivers five-star resort-style amenities. The glittering pool & spa waterfall are set against lush mature landscaping, providing the perfect contrast to the spectacular natural setting and offering limitless venues for outdoor entertaining. Unquestionably, 9308 Belle Terre Way is on the of the finest estate residences ever offered in Potomac, Maryland.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Oven - Double, Refrigerator, Washer, Dryer, Water Heater
  • Interior Amenities: 2nd Kitchen, Attic, Built-Ins, Curved Staircase, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Skylight(s), Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Skylights
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Total Sq Ft: 12400
  • Living Area Sq Ft: 12400
  • Price Per Sq Ft: 402.02
  • Above Grade Finished Sq Ft: 12400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 9308

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 3
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 4
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Tennis Court(s)
  • 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

  • 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
  • Security: Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Lot Size Acres: 2.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 88862.40
  • Zoning: RE2
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13992065
  • Tax Annual Amount: 28093.00
  • Assessor Parcel Number: 161002762268
  • Tax Year: 2020
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Mar 5, 2021
Sold by
Prasad Sanjay and Prasad Deepika
Bought by
Jamshidi Merzad and Jamshidi Ladan R
Seller's Agent
Daniel Heider
TTR Sotheby's International Realty
Buyer's Agent
Ben Fazeli
Long & Foster Real Estate, Inc.
List Price
$4,985,000
Sold Price
$4,300,000
Premium/Discount to List
-$685,000
-13.74%
Current Estimated Value
$5,443,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,143,583
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
Jun 4, 2009
Sold by
Prasad Deepika
Bought by
Prasad Sanjay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
4.83%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 28, 1999
Sold by
Chang Peter Y
Bought by
Prasad Deepika
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jamshidi Merzad $4,300,000 Sage Title Group Llc
Prasad Sanjay -- --
Prasad Deepika $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prasad Sanjay $600,000
Previous Owner Prasad Sanjay $585,851
Previous Owner Prasad Sanjay $1,860,000
Previous Owner Prasad Sanjay $1,680,000
Previous Owner Prasad Sanjay $1,480,000
Previous Owner Prasad Sanjay $450,000
Previous Owner Prasad Sanjay $1,680,000
Previous Owner Prasad Sanjay $1,480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $4,300,000 -13.7% $347 / Sq Ft
11/02/2020 11/02/20 For Sale $4,985,000 +15.9% $402 / Sq Ft
09/04/2020 09/04/20 Off Market $4,300,000 -- --
07/30/2020 07/30/20 For Sale $4,985,000 -- $402 / 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
2024 $44,437 $3,797,500 $0 $0
2023 $30,456 $2,525,000 $815,600 $1,709,400
2022 $30,770 $2,792,500 $815,600 $1,976,900
2021 $248 $2,710,900 $0 $0
2020 $57,720 $2,629,300 $0 $0
2019 $27,927 $2,547,700 $815,600 $1,732,100
2018 $27,970 $2,547,700 $815,600 $1,732,100
2017 $30,941 $2,723,800 $0 $0
2016 $28,165 $2,707,600 $0 $0
2015 $28,165 $2,657,567 $0 $0
2014 $28,165 $2,607,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC718594

Bright MLS

APN: 10-02762268