NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,134,000

5 Beds
2.5 Baths
2,481 Sq Ft
$437/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $722,000 $291 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,008/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Mud Room
  • Tennis Courts
  • Wood Flooring
  • Community Pool
  • Cul-De-Sac

About This Home

As of May 2020

Rare opportunity at a great price in the highly desired Fallsmead community! Inviting brick colonial on a quiet cul-de-sac with 5 true bedrooms (all on the 2nd floor), 2.5 bathrooms, family room with fireplace, separate living room, formal dining room, and large laundry/mud room on main level off one-car garage. Beautiful oak hardwood floors on first and second floors. Spacious kitchen with table space and access to backyard awaits your updating to make this house your home. Large unfinished basement, providing plenty of storage space and the opportunity to add even more finished space. Flat, rectangular, fenced-in lot with brick patio. The same owners have loved this home for nearly 50 years. Price reflects need for some updates but is move-in ready. The Fallsmead community offers a beautiful HOA-maintained, residents-only, wooded 17-acre park with a stream, pond and paved paths; a large outdoor pool; tennis courts; and a playground. Convenient to I-270; the stores and restaurants in Park Potomac, Tower Oaks, and the Rockville Town Center; and the Rockville Metro and MARC stations. And, served by highly-rated nearby public schools: Wootton HS, Frost MS, and Fallsmead ES. Please experience the virtual tour before requesting a showing: Thank you!

Last Agent to Sell the Property

Larry Giammo

Taylor Properties Listed on: 04/30/2020

Taylor Properties

Last Buyer's Agent

Antonia Ketabchi

Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,088

Year Built

  • Built in 1968

Lot Details

  • 9,213 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Property is zoned R150

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Brick Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Fallsmead Elementary School
  • Robert Frost Middle School
  • Thomas S. Wootton High School

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 160400244123

Community Details

Overview

  • Fallsmead Homes Corporation HOA
  • Fallsmead Subdivision

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,088

Year Built

Built in 1968

Lot Details

0

HOA Fees

$98 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 5/2/2020 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1968
  • Remarks Public: Rare opportunity at a great price in the highly desired Fallsmead community! Inviting brick colonial on a quiet cul-de-sac with 5 true bedrooms (all on the 2nd floor), 2.5 bathrooms, family room with fireplace, separate living room, formal dining room, and large laundry/mud room on main level off one-car garage. Beautiful oak hardwood floors on first and second floors. Spacious kitchen with table space and access to backyard awaits your updating to make this house your home. Large unfinished basement, providing plenty of storage space and the opportunity to add even more finished space. Flat, rectangular, fenced-in lot with brick patio. The same owners have loved this home for nearly 50 years. Price reflects need for some updates but is move-in ready. The Fallsmead community offers a beautiful HOA-maintained, residents-only, wooded 17-acre park with a stream, pond and paved paths; a large outdoor pool; tennis courts; and a playground. Convenient to I-270; the stores and restaurants in Park Potomac, Tower Oaks, and the Rockville Town Center; and the Rockville Metro and MARC stations. And, served by highly-rated nearby public schools: Wootton HS, Frost MS, and Fallsmead ES. Please experience the virtual tour before requesting a showing: https://my.matterport.com/show/?m=XYMJcHZDBg1&mls=1. Thank you!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Disposal, Washer, Dryer
  • Interior Amenities: Kitchen - Eat-In, Wood Floors
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Basement, Foyer, Mud Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Basement Type: Unfinished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3181
  • Living Area Sq Ft: 2481
  • Price Per Sq Ft: 292.22
  • Above Grade Finished Sq Ft: 2481
  • Below Grade Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA Fees: 1180.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Name: FALLSMEAD HOMES CORPORATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FALLSMEAD
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FALLSMEAD
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Land Use Code: 011
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Acres: 0.21
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9213.00
  • Year Assessed: 2020
  • Zoning: R150
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9088.00
  • Assessor Parcel Number: 160400244123
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 2481
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 05/20/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
May 19, 2020
Sold by
Omalley Barbara S
Bought by
Mahata Tika Ram and Mahata Anita Bogati
Seller's Agent
Larry Giammo
Taylor Properties
Buyer's Agent
Antonia Ketabchi
Redfin Corp
List Price
$710,000
Sold Price
$722,000
Premium/Discount to List
$12,000
1.69%
Current Estimated Value
$1,084,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,221
Avg. Annual Appreciation
8.13%
Original Mortgage
$577,600
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mahata Tika Ram $722,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahata Tika Ram $560,000
Closed Mahata Tika Ram $577,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $722,000 -0.4% $291 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $725,000 +2.1% $292 / Sq Ft
04/30/2020 04/30/20 For Sale $710,000 -- $286 / 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 $10,935 $767,333 $0 $0
2023 $9,125 $689,900 $388,900 $301,000
2022 $8,713 $678,367 $0 $0
2021 $8,575 $666,833 $0 $0
2020 $8,380 $655,300 $370,400 $284,900
2019 $8,396 $655,300 $370,400 $284,900
2018 $8,447 $655,300 $370,400 $284,900
2017 $8,784 $669,800 $0 $0
2016 -- $661,567 $0 $0
2015 $8,529 $653,333 $0 $0
2014 $8,529 $645,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC705038

Bright MLS

APN: 04-00244123