See Home Value
Potomac 20854 Potomac
8224 INVERNESS HOLLOW TERRACE
$1,056,391*
House - Off Market

8224 INVERNESS HOLLOW TERRACE

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3404 Sqft
$945,000 - $1,155,000
Reference Base Price*
0.61%
Since Jun 1, 2022
DC-Washington
Primary Model
Sold Jul 20, 2022
$1,218,875
$974,540 by State Employees Credit Union O
Mortgage Due Jul 01, 2052
Sold Apr 29, 2016
$862,000
$557,000 by Citibank Na
Mortgage Due Apr 01, 2046

About This Property

NEW ON THE MARKET - YOU DON'T WANT TO MISS THIS ONE!!  Please wear masks - sellers have a young child  who is  too young to be vaccinated.Welcome to 8224 Inverness Hollow Terr - a wonderful home in sought after Inverness Forest. This home is located at the end of a quiet cul-de-sac with a large front and back yard,This beautiful home has a light filled,  open main level with a gourmet kitchen that opens to the dining, living and family room with fireplace.  There is also a main level office, laundry room and mud room.  There is an  oversize 2-car garage. The back yard has a newer multi-level deck for outdoor entertaining.The second level has 4/5 bedrooms,  2 newly updated bathrooms and a spectacular extra large, newly carpeted and painted  room that can serve as an additional primary bedroom, a 2nd family room or a "man-cave".The roof is 5 years old. Other recent updates include a new Carrier gas furnace, new hot water heater and new dishwasher.It is minutes away from Cabin John Mall, Westfield Montgomery Mall, parks and a community pool option.  It is  also close to 495 and 270 making travel a breeze. Churchill school district.  This home is very well maintained and being sold "as is".  The sellers are providing a 1-year Home Warranty to the buyers.

The manager has listed the unit size as 3404 square feet.
Unit Size
3,404Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$308
Property Type
House
Property Taxes
$860
HOA Dues
-
Year Built
1970

Price History

Date / Event Date Event Price
Jul 20, 2022 Sold to Gerard Morgan, Samuel Fishman $1,218,880
Sold to Gerard Morgan, Samuel Fishman
May 20, 2022 No longer available -
No longer available
May 12, 2022 Listed $1,050,000
Listed
Apr 29, 2016 Sold to Elizabeth Friedman, Richard... $862,000
Sold to Elizabeth Friedman, Richard...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 600
  • Garage Type: Built-in
  • Garage Square Area: 461
  • Parking Space Count: 2
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 10,935
  • Total Building Area: 2,801
  • Gross Building Area: 2,801
  • Building Area: 2,801
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INVERNESS FOREST
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INVERNESS FOREST

Ownership

  • Current Owner : FISHMAN SAMUEL
  • Current Owner 2: MORGAN GERARD
  • Previous Owner : FRIEDMAN RICHARD L
  • Owner Before Previous Owner: LANGER JONATHAN A
  • Owner Before Previous Owner 2: LANGER DEBORAH H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706011

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: GQ21
  • Account Number: 00902338
  • District: 10
  • Parcel: 10-00902338
  • Block: D
  • Lot: 31
  • Latitude: 39.0345
  • Longitude: -77.1663

    Address

  • Full Address: 8224 Inverness Hollow Ter
  • Address - House Number: 8224
  • Address - Street Name: Inverness Hollow
  • Address - Suffix Type: Ter
  • State: MD
  • City Name: Potomac
  • Carrier Code: C049
  • 4-Digit Zip Code: 2726
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,566

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,342,591
  • High Value: 1,547,491
  • Low Value: 1,137,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $974,540
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION O
  • First Open Lien Mortgage Recording Date: Jul 20, 2022
  • First Open Lien Mortgage Loan Amount: $974,540
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $1,227,200
  • Market Land Value: $425,500
  • Market Improvement Value: $801,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,027,467

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Transaction ID: 11892457327
  • Current Sale Price: $1,218,875
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Contract Date: Mar 31, 2016
  • Previous Sale Amount: $862,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CREDIT UNION O
  • First Mortgage Transaction Date: Jul 20, 2022
  • First Mortgage Loan Amount: $974,540
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Apr 29, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $557,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
-
$1,030,000 Mar 31, 2023
$1,030,000 Apr 24, 2023
-
House
5 Beds
3 Baths
-
$859,000 Mar 1, 2023
$859,000 Apr 10, 2023
-
House
4 Beds
3 Baths
-
$950,000 Mar 30, 2023
$950,000 Apr 19, 2023
-
House
4 Beds
3 Baths
-
$970,000 Feb 16, 2023
$970,000 Mar 14, 2023
-
House
6 Beds
4 Baths
-
$880,000 Aug 25, 2018
$880,000 Nov 16, 2018
-
House
4 Beds
4 Baths
-
$1,250,000 Mar 24, 2023
$1,250,000 Mar 17, 2023
$225/mo
House
5 Beds
4 Baths
-
$995,000 Apr 20, 2023
-
-
House
5 Beds
5 Baths
-
$1,099,000 Apr 12, 2023
-
-
In Contract
House
4 Beds
4 Baths
-
$1,099,000 Apr 13, 2023
-
-
House
4 Beds
4 Baths
-
$1,025,000 Apr 27, 2023
-
$129/mo
House
4 Beds
3 Baths
-
$924,900 Apr 20, 2023
-
-
House
4 Beds
3 Baths
-
$965,000 Apr 22, 2023
-
-

About Potomac


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Frequently Asked Questions

When was property at 8224 Inverness Hollow Terrace built and last sold?
The property at 8224 Inverness Hollow Terrace was built in 1970 and last sold on Jun 24, 2022 for $1,218,875.
How much is this home worth?
The estimated value of the home located at 8224 Inverness Hollow Terrace is $1,060,500.
What are some comparable homes to 8224 Inverness Hollow Terrace?
There are currently no comparable homes to 8224 Inverness Hollow Terrace.

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