NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,226,433

5 Beds
2.5 Baths
3,776 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $1,221,000 $323 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,625 / mo

5 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 0.25 Acre Lot
  • Colonial Architecture
  • Robert Frost Middle School Rated A
  • Lake Privileges
  • Recreation Room

About This Home

As of August 2024

WELCOME TO 1101 FALLSMEAD WAY! STUNNING & TURN KEY READY!! Perfectly sited on a large corner lot in the highly sought-after community of Fallsmead, this outstanding 5-bedroom, 2.5-bath, 3-level colonial boasts solid workmanship, countless upgrades and many fine finishes - 3700+ square feet of living space! A welcoming entrance foyer leads to an elegant living room with floor to ceiling windows and picturesque neighborhood views. This leads to a handsome dining room, perfect for formal entertaining. The open-style updated table-space kitchen has cabinets and granite counters on 2-sides, plus stainless appliances. The kitchen also opens to two additional living spaces; a fabulous family room with a fireplace and backyard views, and a lovely sunroom addition with walls of windows and rear yard access. A half-bath and private office, are located off the main entrance hall of the residence. Level two highlights an extra-spacious primary bedroom suite, including two walk-in closets, a dressing room, and an en-suite updated full bath. Four additional generously sized bedrooms, plus full bath #2, are also on this level. Gorgeous, recently refinished hardwood floors, grace both level 1 and level 2. The fully finished lower-level provides added living spaces with a large well-designed recreation room, which connects to a separate utility/work/storage area. A substantial attached 2-car garage completes the picture. The house sits on a deep flat landscaped lot with mature trees and plantings. Fallsmead offers outstanding community amenities, including close proximity to Fallsmead Park, complete with walking paths, trails, tennis courts, pickle ball courts, tot lot, soccer field, picnic area, an attractive community pool, and more! The property is superbly located with easy access to the shops, stores, and restaurants of Downtown Rockville, Park Potomac, and Pike & Rose - all nearby! Fallsmead also offers easy access to neighborhood schools and local interstates. Rockville Metro is just a short distance away. Truly a fabulous opportunity to purchase in an exceptional community. THE PERFECT PLACE TO CALL HOME!

Last Agent to Sell the Property

Peter Sarro

(301) 304-8444 peter.sarro@compass.com Compass License #SP98359189 Listed on: 08/02/2024

Compass

Co-Listed By

Christopher Georgatsos

(301) 304-8444 chrisg@lnf.com Compass

Last Buyer's Agent

VJ Derbarghamian

(240) 219-2422 vderbarghamian@ttrsir.com Compass License #0225223795

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,046

Year Built

  • Built in 1973 | Remodeled in 2024

Lot Details

  • 10,985 Sq Ft Lot
  • West Facing Home
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Extensive Hardscape
  • Corner Lot
  • Property is in excellent condition
  • Property is zoned R150

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Driveway Spaces
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Bar
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Insulated Windows
  • Double Hung Windows
  • Atrium Windows
  • Window Screens
  • Insulated Doors
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Utility Room
  • Garden Views
  • Attic
  • Finished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Lake Privileges
  • Exterior Lighting
  • Play Equipment

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160400242897

Community Details

Overview

  • Association fees include common area maintenance, pool(s), recreation facility, reserve funds
  • Fallsmead Homes Corporation HOA
  • Fallsmead Subdivision

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Tennis Courts
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Lap or Exercise Community Pool
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,046

Year Built

Built in 1973 | Remodeled in 2024

Lot Details

0.25 Acres

HOA Fees

$121 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Playground equipment
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1973
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Built-In Microwave, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Attic, Bar, Carpet, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Upgraded Countertops, Wood Floors
  • Window Features: Energy Efficient, Atrium, Double Hung, Insulated, Screens
  • Fireplace Features: Wood, Brick, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Storm
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Brick
  • Foundation Details: Slab
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Den, Sun/Florida Room, Recreation Room, Utility Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3776
  • Living Area Sq Ft: 3776
  • Price Per Sq Ft: 419.71
  • Above Grade Finished Sq Ft: 2740
  • Below Grade Finished Sq Ft: 1036
  • Total Below Grade Sq Ft: 1036
  • Above Grade Finished Area Units: Square Feet

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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Play Equipment, Extensive Hardscape
  • Road Surface Type: Paved
  • Roof: Architectural Shingle
  • Spa: No
  • View: Garden/Lawn, Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Refuse: 497.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable, Other

Condo/Co-op/Association

  • HOA Fees: 1450.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Bike Trail, Common Grounds, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges, Basketball Courts, Jog/Walk Path, Picnic Area, Soccer Field
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Recreation Facility, Reserve Funds
  • HOA Name: FALLSMEAD HOMES CORPORATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Lap/Exercise, In Ground

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: FALLSMEAD
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Partially, Rear, Privacy, Wood
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10985.00
  • Property Condition: Excellent
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: R150
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 10046.00
  • Assessor Parcel Number: 160400242897
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

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
Aug 2, 2024
Closed on
Aug 30, 2024
Sold by
Kossiaras Thomas P and Kossiaras Peter T
Bought by
Seller's Agent
Peter Sarro
Compass
Buyer's Agent
VJ Derbarghamian
Compass
List Price
$1,150,000
Sold Price
$1,221,000
Premium/Discount to List
$71,000
6.17%
Views
86
Current Estimated Value
$1,184,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,892
Avg. Annual Appreciation
-1.53%
Original Mortgage
$976,800
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Rockville, MD

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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
$1,221,000 First American Title
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 $978,400
Closed Barr Edward Mark $976,800
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
08/30/2024 08/30/24 Sold $1,221,000 +6.2% $323 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $1,150,000 -- $305 / 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 $12,019 $842,200
2024 $11,033 $774,700 $0 $0
2023 $9,354 $707,200 $380,300 $326,900
2022 $8,968 $695,433 $0 $0
2021 $9,452 $683,667 $0 $0
2020 $8,642 $671,900 $362,200 $309,700
2019 $8,526 $671,900 $362,200 $309,700
2018 $8,443 $671,900 $362,200 $309,700
2017 $9,281 $709,700 $0 $0
2016 -- $703,333 $0 $0
2015 $8,496 $696,967 $0 $0
2014 $8,496 $690,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2142390

Bright MLS

APN: 04-00242897

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