Seller's Agent in 2022
Barak Sky
Long & Foster
(301) 742-5759
5 in this area
820 Total Sales
1111 Fallsmead Way Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $1,132,000 - $1,203,000
4
Beds
4.5
Baths
2,484
Sq Ft
$470/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Deck
- Garden View
- Colonial Architecture
- Wood Flooring
- Tennis Courts
About This Home
As of July 2022Gorgeous brick colonial located in the sought after Fallsmead community. Relax and recharge in this light filled turn key space! Perfect balance of recent updates and incredible bones make this home a unique offering. This home offers four bedrooms, four full baths, and one-half bath on a large lot with wooded views. Amazing flow that lends itself beautifully to everyday living and entertaining. Features include gorgeous hardwood floors on the main level and owner's suite, crown molding and trim, recessed lights, new paint and carpet, and so much more. The main level features a large family room perfect for entertaining and relaxing by the wood burning fireplace with french doors that lead to your deck to enjoy the tree lined views. A separate dining room which opens up to the formal large living room wrapped in windows. An updated kitchen with quartz countertops, stainless steel appliances, and breakfast area! Completing this level is a powder room and two closets perfect for storage. The upper level offers a large primary suite with room for a king and seating area with a large walk-in closet and gorgeous ensuite bath with vintage tile and updated fixtures. Three additional bedrooms with plenty of closet space, one with a large ensuite bathroom and additional shared large bathroom with updated lighting & fixtures and linen closet finish up this level. The lower level has a spacious recreation room with walkout to the covered terrace! Featuring a large laundry room, mudroom with access to the garage, a large full bathroom, and plenty of storage! Located in the Wootton School district! Close by you'll find multiple parks, trails, retail, public transportation, and many commuter routes. Easy access to I-270, I-495, and ICC! Potomac address with City of Rockville services (water & sewer, trash, recycling, snow removal). You do not want to miss this!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #SP600552 Listed on: 06/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,673
Year Built
- Built in 1968
Lot Details
- 8,539 Sq Ft Lot
- Partially Fenced Property
- Property is zoned R150
HOA Fees
- $105 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Rear-Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Fireplace Mantel
- Window Treatments
- Sliding Doors
- Family Room Off Kitchen
- Dining Area
- Wood Flooring
- Garden Views
- Basement
Kitchen
- Electric Oven or Range
- Stove
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Thomas S. Wootton High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 160400242842
Community Details
Overview
- Association fees include pool(s)
- Fallsmead Homes Corporation HOA
- Fallsmead Subdivision, Spacious Floorplan
Amenities
- Community Center
- Party Room
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2022
Closed on
Jul 26, 2022
Sold by
Lazarus Mark C
Bought by
Staiger Maggie and Chauhan Nisheeth Singh
Seller's Agent
Barak Sky
Long & Foster Real Estate, Inc.
Buyer's Agent
Joanne Schoengold
RLAH @properties
List Price
$999,900
Sold Price
$1,035,000
Premium/Discount to List
$35,100
3.51%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,776
Avg. Annual Appreciation
3.74%
Original Mortgage
$700,000
Outstanding Balance
$671,108
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$488,232
Purchase Details
Closed on
Apr 30, 2004
Sold by
Fleming Danielle M
Bought by
Lazarus Mark C and Lazarus Dora
Purchase Details
Closed on
Jun 1, 2000
Sold by
Hunt James W and Hunt C Y
Bought by
Fleming Danielle M
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Staiger Maggie | $1,035,000 | Brennan Title | |
| Lazarus Mark C | $642,500 | -- | |
| Fleming Danielle M | $398,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Staiger Maggie | $700,000 | |
| Previous Owner | Lazarus Mark C | $40,000 | |
| Previous Owner | Lazarus Mark C | $540,000 | |
| Previous Owner | Lazarus Mark C | $44,000 | |
| Previous Owner | Lazarus Mark | $560,000 | |
| Previous Owner | Lazarus Mark C | $555,000 | |
| Previous Owner | Lazarus Mark C | $35,000 | |
| Previous Owner | Lazarus Mark | $100,000 | |
| Previous Owner | Lazarus Mark | $548,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $1,035,000 | +3.5% | $417 / Sq Ft |
| 06/30/2022 06/30/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $999,900 | -- | $403 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $11,897 | $957,133 | -- | -- |
| 2024 | $11,897 | $839,567 | $0 | $0 |
| 2023 | $10,934 | $722,000 | $383,100 | $338,900 |
| 2022 | $9,122 | $710,067 | $0 | $0 |
| 2021 | $8,981 | $698,133 | $0 | $0 |
| 2020 | $8,779 | $686,200 | $364,900 | $321,300 |
| 2019 | $8,796 | $686,200 | $364,900 | $321,300 |
| 2018 | $8,850 | $686,200 | $364,900 | $321,300 |
| 2017 | $9,272 | $705,500 | $0 | $0 |
| 2016 | -- | $697,933 | $0 | $0 |
| 2015 | $8,375 | $690,367 | $0 | $0 |
| 2014 | $8,375 | $682,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barak Sky
-
Joanne Schoengold
Buyer's Agent in 2022
Joanne Schoengold
Real Living at Home
(301) 467-5995
1 in this area
27 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2056742
APN: 04-00242842
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