NOT LISTED FOR SALE

10222 Falls Rd Potomac, MD 20854

Potomac Area

Estimated Value: $2,773,000 - $3,402,000

7 Beds
9 Baths
11,000 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2023

Last sale price $2,838,000 $258 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $18,254 / mo

124 Days on Market

Highlights

  • Marble Flooring
  • Garden View
  • 4 Fireplaces
  • Potomac Elementary School Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of May 2023

Custom built masterpiece on a privately gated lot with a marble fountain at the entrance that is just steps away from Potomac Village. Features Egyptian marble, Brazilian cherry wood floors & is approximately 11,000 sq ft. Main level owner suite with his/her full marble BA & 2nd owner suite on upper level. Walkout lower level with wine cellar, sauna and theatre. Home includes top-of-the-line equipment, four gas fireplaces & rec room. Privately gated yard with terrace, patio & 3 car garage. Home has a large clean/usable yard, great for entertaining.

Last Agent to Sell the Property

Fred Mohseni

(301) 760-2136 kara@samsonproperties.net Samson Properties License #SP200206021 Listed on: 12/01/2022

Samson Properties

Last Buyer's Agent

RENA BORJIGIN

(301) 424-9444 renaborjigin@gmail.com Independent Realty, Inc

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 29,095 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Property is zoned R200

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking Lot
  • Fenced Parking

Home Design

  • Spanish Architecture
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Dryvit Stucco

Interior Spaces

  • 11,000 Sq Ft Home
  • Property has 2 Levels
  • 4 Fireplaces
  • Garden Views
  • Laundry on lower level

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Location

  • Suburban Location

Schools

  • Winston Churchill High School

Utilities

  • Zoned Heating and Cooling System
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161000870562

Community Details

Overview

  • No Home Owners Association
  • Potomac Hills Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0.67 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Spanish
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2022-12-01
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Hardwood, Marble
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Fully Finished, Interior Access, Outside Entrance, Walkout Level, Windows
  • Laundry Type: Lower Floor, Upper Floor
  • Total Sq Ft: 11000
  • Living Area Sq Ft: 11000
  • Price Per Sq Ft: 290.91
  • Above Grade Finished Sq Ft: 11000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 5
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 3.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 2
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Dryvit
  • Roof: Architectural Shingle
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Fenced, Paved Parking, Private, Circular Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Ceiling, Central, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent
  • High School: WINSTON CHURCHILL

Lot Info

  • Fencing: Partially, Wood
  • Lot Size Acres: 0.67
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 29095.00
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1785300.00
  • Assessor Parcel Number: 161000870562
  • Tax Lot: 4
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
May 31, 2023
Sold by
Malouf David A and Malouf Maria Teresa
Bought by
Seller's Agent
Fred Mohseni
Samson Properties
Buyer's Agent
RENA BORJIGIN
Independent Realty, Inc
List Price
$3,250,000
Sold Price
$2,838,000
Premium/Discount to List
-$412,000
-12.68%
Views
402
Current Estimated Value
$3,006,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,183
Avg. Annual Appreciation
1.77%
Original Mortgage
$1,702,800
Outstanding Balance
$1,668,670
Interest Rate
9.75%
Mortgage Type
New Conventional
Estimated Equity
$1,337,513

Purchase Details

Closed on
Jul 19, 2005
Sold by
Sohrabi Ovrang R
Bought by
Malouf Jorge L and Malouf Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Panagos Bruce J and Panagos M D
Bought by
Sohrabi Ovrang R

Purchase Details

Closed on
Oct 15, 1998
Sold by
Panagos Bruce J
Bought by
M Bruce J and M Panagos D

Purchase Details

Closed on
Nov 19, 1996
Sold by
Panagos Bruce J
Bought by
Panagos Bruce J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Potomac, MD

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,838,000 Old Republic National Title In
Malouf Jorge L $900,000 --
Sohrabi Ovrang R $600,000 --
M Bruce J -- --
Panagos Bruce J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,150,000
Closed Yi Liena $745,000
Open Yi Liena $1,702,800
Previous Owner Malouf Jorge L $1,320,000
Previous Owner Malouf Jorge L $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $2,838,000 -11.3% $258 / Sq Ft
02/17/2023 02/17/23 Price Changed $3,200,000 -1.5% $291 / Sq Ft
12/01/2022 12/01/22 For Sale $3,250,000 -- $295 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $19,999 $1,686,100 $516,900 $1,169,200
2024 $20,583 $1,686,100 $516,900 $1,169,200
2023 $20,551 $1,686,100 $516,900 $1,169,200
2022 $14,451 $1,792,900 $516,900 $1,276,000
2021 $20,609 $1,785,300 $0 $0
2020 $20,609 $1,777,700 $0 $0
2019 $14,860 $1,770,100 $516,900 $1,253,200
2018 $14,701 $1,760,033 $0 $0
2017 $14,783 $1,749,967 $0 $0
2016 -- $1,739,900 $0 $0
2015 $18,356 $1,724,900 $0 $0
2014 $18,356 $1,709,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2076950

Bright MLS

APN: 10-00870562

Your Personal Tour Guide

Ask me questions while you tour the home.