Seller's Agent in 2020
Cara Pearlman
Compass
(202) 641-3008
3 in this area
223 Total Sales
1114 Fallsmead Way Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $1,133,000 - $1,186,000
6
Beds
3
Baths
2,721
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- Colonial Architecture
- Community Pool
- Fallsmead Elementary School Rated A
- 1 Fireplace
- Tennis Courts
About This Home
As of May 2020Inviting colonial in the desirable Fallsmead Community. This completely sun-drenched, 6 bedroom, 3 full bath home features hardwood floors throughout and updated table space kitchen with granite counters & stainless steel appliances. Also on the main level you will find an inviting family room with built-ins and wood burning fireplace, large living room, dining room, spacious laundry room, den/bedroom suite with full bath, and a Screen Porch/Deck/Gorgeous yard! A total of five bedrooms ups - one of which is the Owner's suite with a renovated ensuite bathroom. All this just moments to 270, 495, Metro, bus, shops of Park Potomac and more! Wootton School District - schools all close by. Fallsmead is a fantastic community with pool, tennis courts, a 16 acre park and a pond.
Last Agent to Sell the Property
(202) 641-3008 cara@dcsuburbhomes.com Compass License #225180603 Listed on: 03/13/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,976
Year Built
- Built in 1968
Lot Details
- 10,341 Sq Ft Lot
- Property is zoned R150
HOA Fees
- $98 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Front Facing Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 2,721 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Family Room
- Living Room
- Dining Room
- Improved Basement
Kitchen
- Electric Oven or Range
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Heater
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 160400242625
Community Details
Overview
- Association fees include common area maintenance, recreation facility, reserve funds
- Fallsmead HOA
- Fallsmead Subdivision
Amenities
- Picnic Area
- Common Area
Recreation
- Tennis Courts
- Community Basketball Court
- Community Pool
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2020
Closed on
May 15, 2020
Sold by
1114 Fallsmead Way Revocable Trust
Bought by
Singh Ayushi and Singh Vipul Umang
Seller's Agent
Cara Pearlman
Compass
Buyer's Agent
Eileen Orfalea
Long & Foster Real Estate, Inc.
List Price
$775,000
Sold Price
$770,000
Premium/Discount to List
-$5,000
-0.65%
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
$384,174
Avg. Annual Appreciation
7.39%
Original Mortgage
$731,500
Outstanding Balance
$648,210
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$505,964
Purchase Details
Closed on
Sep 27, 2018
Sold by
Dhillon Petal
Bought by
1114 Fallsmead Way Revocable Living Trus
Purchase Details
Listed on
May 4, 2017
Closed on
Jul 6, 2017
Sold by
The Cove Family Trust
Bought by
Dhillon Petal and Bhagat Arjun
Seller's Agent
Sharon Earman
RLAH @properties
Buyer's Agent
Nikki Spicer
Compass
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$600,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 25, 2004
Sold by
Cove John F and Cove Q M
Bought by
Cove John F Et Al Tr
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 |
|---|---|---|---|
| Singh Ayushi | $770,000 | Rgs Title Llc | |
| 1114 Fallsmead Way Revocable Living Trus | -- | None Available | |
| Dhillon Petal | -- | None Available | |
| Dhillon Petal | $750,000 | Title Town Settlement Llc | |
| Cove John F Et Al Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Singh Ayushi | $731,500 | |
| Previous Owner | Dhillon Petal | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2020 05/15/20 | Sold | $770,000 | -0.6% | $283 / Sq Ft | |
| 03/17/2020 03/17/20 | Pending | -- | -- | -- | |
| 03/13/2020 03/13/20 | For Sale | $775,000 | +3.3% | $285 / Sq Ft | |
| 07/06/2017 07/06/17 | Sold | $750,000 | -0.7% | $276 / Sq Ft | View Prior Sale |
| 05/23/2017 05/23/17 | Pending | -- | -- | -- | |
| 05/18/2017 05/18/17 | Price Changed | $755,000 | -2.6% | $277 / Sq Ft | |
| 05/04/2017 05/04/17 | For Sale | $775,000 | -- | $285 / 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 | $12,147 | $948,133 | -- | -- |
| 2024 | $12,147 | $858,367 | $0 | $0 |
| 2023 | $10,168 | $768,600 | $397,300 | $371,300 |
| 2022 | $9,707 | $755,400 | $0 | $0 |
| 2021 | $9,552 | $742,200 | $0 | $0 |
| 2020 | $9,332 | $729,000 | $378,300 | $350,700 |
| 2019 | $9,285 | $723,900 | $0 | $0 |
| 2018 | $9,275 | $718,800 | $0 | $0 |
| 2017 | $9,384 | $713,700 | $0 | $0 |
| 2016 | -- | $706,267 | $0 | $0 |
| 2015 | $9,031 | $698,833 | $0 | $0 |
| 2014 | $9,031 | $691,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cara Pearlman
-
N
Seller Co-Listing Agent in 2020
Nikki Spicer
Compass
-
Eileen Orfalea
Buyer's Agent in 2020
Eileen Orfalea
Long & Foster
(202) 256-8743
27 Total Sales
-
Sharon Earman
Seller's Agent in 2017
Sharon Earman
Real Living at Home
(301) 728-6060
5 in this area
41 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC698960
APN: 04-00242625
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