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8741 Persimmon Tree Road

8741 Persimmon Tree Road, Potomac, MD 20854
Property in Potomac
Sold Apr 23, 2015
$2,350,000
$1,880,000 by Citibank Na
Mortgage Due May 01, 2045
Local assessors in Potomac, MD have categorized 8741 Persimmon Tree Road as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 132,858 square feet. As for the restroom situation, there are 5 full bathrooms. There are also 7 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8741 Persimmon Tree Road has a total of 8,766 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a built-in garage for those who need a place to park their vehicle. The garage on the property is 925 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. The building has a roof that is made of wood shake/ shingles. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 13, 2015 for $2,350,000. That's $310.60 per sqft. 8741 Persimmon Tree Road was last assessed in 2023. The total value of the property was assessed at $2,882,600. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $33,253. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Frame
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,200
  • Garage Type: Built-in
  • Garage Square Area: 925
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 132,858
  • Total Building Area: 7,566
  • Gross Building Area: 7,566
  • Building Area: 7,566
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 8,766
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRADLEY FARMS
  • Land Acres: 3.05
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRADLEY FARMS 9356/0 21

Ownership

  • Current Owner : CORSICO JONATHAN L
  • Previous Owner : FITZGERALD JAMES E
  • Previous Owner 2: THE MWF REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 706009

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: FP51
  • Account Number: 00866274
  • District: 10
  • Parcel: 10-00866274
  • Block: 7
  • Lot: 12
  • Latitude: 38.9993
  • Longitude: -77.1947

    Address

  • Full Address: 8741 Persimmon Tree Rd
  • Address - House Number: 8741
  • Address - Street Name: Persimmon Tree
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Potomac
  • Carrier Code: C034
  • 4-Digit Zip Code: 4315
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,253

    Appraisal Valuation

  • Standard Deviation: 0.1335
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 84
  • Final Value: 3,492,718
  • High Value: 3,959,050
  • Low Value: 3,026,387

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,115,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,880,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2045
  • Second Open Lien Mortgage Lender: CITIBANK NA
  • Second Open Lien Mortgage Recording Date: Apr 23, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $235,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2045

    Market Valuation

  • Market Total Value: $2,931,400
  • Market Land Value: $1,273,000
  • Market Improvement Value: $1,658,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,882,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 13, 2015
  • Current Sale Recording Date: Apr 23, 2015
  • Current Sale Transaction ID: 1226717127
  • Current Sale Price: $2,350,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Apr 23, 2015
  • First Mortgage Loan Amount: $1,880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2045
  • Second Mortgage Lender: CITIBANK NA
  • Second Mortgage Transaction Date: Apr 23, 2015
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $235,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 8741 Persimmon Tree Road located in?
The 8741 Persimmon Tree Road is a located in the neighborhood of Potomac in Potomac, Potomac.
What is the average sales price for listings in 8741 Persimmon Tree Road?
The average sales price for units in 8741 Persimmon Tree Road is $0 currently.

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