Montgomery County · Home sale
8402 Rapley Ridge Ln in Potomac sells for $3.5 million
A single-family home at 8402 Rapley Ridge Ln, Potomac sold for $3,500,000 on July 21, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,500,000
- Sold
- July 21, 2026
- Property type
- Single-family home
- Living area
- 4,952 sq ft
- Price per sq ft
- $707
- Year built
- 2000
The $3,500,000 sale of a single-family home at 8402 Rapley Ridge Ln in Potomac was 26% above its recorded market value of $2,784,400 and 24% above its most recent earlier sale, for $2,815,000 in 2023, according to the records. The home sold on July 21, 2026, according to the Maryland Department of Assessments and Taxation's property records.
An aerial photo of the property shows its setting: around it are other houses.
Assessor's records show 4,952 square feet of living area, a 2000 construction date and a 21,761-square-foot lot. The sale price works out to $707 per square foot. Listing data shows 7 bedrooms and 8 bathrooms.
The record lists Shahin Korangy as the seller.
What this sale costs to close
What does closing cost at this price? Under Montgomery County custom the seller's larger charges are $35,055 for the recordation tax (Montgomery County, owner-occupied) and $17,500 for the county transfer tax (Montgomery County). With a 5% commission, the seller's estimated net is $3,297,931 before any mortgage payoff. A buyer putting 20% down would need about $867,006 at closing.
Source: Maryland Department of Assessments and Taxation, Real Property Assessments (Maryland Open Data), document 70745-0056. Property details: Montgomery County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
