NOT LISTED FOR SALE

11600 Falls Rd Potomac, MD 20854

Estimated Value: $1,565,000 - $1,886,000

3 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold August 01, 2016

Last sale price $500,000

Est. 243% increase in value since last sale

Current estimated payment $10,284/month

Highlights

  • Raised Ranch Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Wayside Elementary School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Potomac Lot for sale. Home is a tear down.

Last Agent to Sell the Property

Alex Saenger

(703) 599-7933 alex@alexsaenger.com CENTURY 21 New Millennium License #588365 Listed on: 06/09/2016

CENTURY 21 New Millennium

Last Buyer's Agent

Alex Saenger

(703) 599-7933 alex@alexsaenger.com CENTURY 21 New Millennium License #588365 Listed on: 06/09/2016

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R200

Parking

  • Shared Driveway

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Wayside Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Potomac Outside Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161003552497

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,461

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Shared Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: WAYSIDE
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Lot Info

  • Lot Size Acres: 0.57
  • Lot Size Area: 24864
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 24864.00
  • Property Attached Yn: No
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5460.81
  • Assessor Parcel Number: 161003552497
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 1, 2016
Sold by
Ahmed Bilal
Bought by
Shi Jianxin and Wang Haixia
Seller's Agent
Alex Saenger
CENTURY 21 New Millennium
Buyer's Agent
Alex Saenger
CENTURY 21 New Millennium
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$1,715,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,215,352
Avg. Annual Appreciation
13.86%
Original Mortgage
$824,640
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 3, 2013
Sold by
Khalilzadeh Javad and Paryavi Mohammad N
Bought by
Ahmed Bilal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Lee Kyung S
Bought by
Khalilzadeh Javad

Purchase Details

Closed on
Feb 3, 2003
Sold by
Lee Kyung S and Lee K J
Bought by
Lee Kyung S

Purchase Details

Closed on
Dec 5, 1995
Sold by
P Troy L and P Hash N
Bought by
K Kyung S and K Lee J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Shi Jianxin $500,000 First Excel Title Llc
Ahmed Bilal $750,000 None Available
Khalilzadeh Javad $950,000 --
Lee Kyung S -- --
K Kyung S $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Jianxin $824,640
Previous Owner Ahmed Bilal $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $500,000 0.0% --
06/09/2016 06/09/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $500,000 -- --
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
2025 $16,521 $1,390,700 $479,500 $911,200
2024 $16,521 $1,343,300 $0 $0
2023 $15,258 $1,295,900 $0 $0
2022 $14,086 $1,248,500 $479,500 $769,000
2021 $12,312 $1,174,767 $0 $0
2020 $12,312 $1,101,033 $0 $0
2019 $11,479 $1,027,300 $479,500 $547,800
2018 $11,439 $1,027,300 $479,500 $547,800
2017 $11,226 $479,500 $0 $0
2016 -- $479,500 $0 $0
2015 $5,206 $479,500 $0 $0
2014 $5,206 $479,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002437383

Bright MLS

APN: 10-03552497