See Home Value
$796,047*
House - Off Market

8920 LIBERTY LANE

POTOMAC, MD 20854
bedrooms
3 Beds
bathrooms
3 Baths
$522,000 - $636,000
Reference Base Price*
37.27%
Since Feb 1, 2019
DC-Washington
Primary Model
Sold Oct 02, 2018
$550,000
$98,000 by Fairway Asset Corp
Mortgage Due Aug 01, 2035

About This Property

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"
Unit Size
-
Days on Market
-
Land Size
0.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Jan 4, 2019 No longer available -
No longer available
Oct 2, 2018 Sold to Kyu Hwan Yeo, Kyung Jae Lee $550,000
Sold to Kyu Hwan Yeo, Kyung Jae Lee
Sep 5, 2018 Listed $579,900
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,196
  • Total Building Area: 1,915
  • Gross Building Area: 1,915
  • Building Area: 1,915
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEVERLY FARMS
  • Land Acres: 0.487
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEVERLY FARMS

Ownership

  • Current Owner : YEO KYU HWAN
  • Current Owner 2: LEE KYUNG JAE
  • Previous Owner : WISE STEVEN P
  • Previous Owner 2: MURRAY ELISABETH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701206

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FQ62
  • Account Number: 02024872
  • District: 04
  • Parcel: 04-02024872
  • Block: A
  • Lot: 23
  • Latitude: 39.0508
  • Longitude: -77.1858

    Address

  • Full Address: 8920 Liberty Ln
  • Address - House Number: 8920
  • Address - Street Name: Liberty
  • Address - Suffix Type: Ln
  • State: MD
  • City Name: Potomac
  • Carrier Code: C033
  • 4-Digit Zip Code: 3638
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,702

    Appraisal Valuation

  • Standard Deviation: 0.1498
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 830,741
  • High Value: 955,243
  • Low Value: 706,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,000
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORP
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $98,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $583,500
  • Market Land Value: $419,900
  • Market Improvement Value: $163,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $583,500
  • Assessed Land Value: $419,900
  • Assessed Improvements Value: $163,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2018
  • Current Sale Recording Date: Oct 02, 2018
  • Current Sale Transaction ID: 11520403319
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORP
  • First Mortgage Transaction Date: Oct 02, 2018
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Potomac


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Frequently Asked Questions

When was property at 8920 Liberty Lane built and last sold?
The property at 8920 Liberty Lane was built in 1956 and last sold on Sep 21, 2018 for $550,000.
How much is this home worth?
The estimated value of the home located at 8920 Liberty Lane is $585,699.
What are some comparable homes to 8920 Liberty Lane?
There are currently no comparable homes to 8920 Liberty Lane.

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