NOT LISTED FOR SALE

1203 Fallsmead Way Potomac, MD 20854

West Rockville Neighborhood

Estimated Value: $1,105,000 - $1,168,000

4 Beds
2.5 Baths
2,675 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $753,000 $281 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,431/month

113 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Living Room
  • 1 Fireplace
  • 1 Car Attached Garage
  • En-Suite Primary Bedroom

About This Home

As of August 2019

Bright, spacious, beautifully maintained Colonial home located in popular Fallsmead. This home has 4 spacious bedrooms and 2 1/2 baths. Inviting main level with extended foyer and family room off kitchen, leading to the spacious deck. Remodeled kitchen with granite. Hardwood floors on upper 2 levels, New windows and recessed lighting. Fully finished walk-out lower level with sliding door and windows leads to private, fenced rear yard, Rough in for lower level bath. Walking distance to schools and park - Wootton Cluster. Easy access to 270 and transportation. See this today!

Last Agent to Sell the Property

Catherine Freel

Century 21 Redwood Realty License #612178 Listed on: 02/27/2019

Century 21 Redwood Realty

Last Buyer's Agent

Nathan Dart

RE/MAX Realty Group License #514678

RE/MAX Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,820

Year Built

  • Built in 1968

Lot Details

  • 8,540 Sq Ft Lot
  • Property is zoned R150

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Windows

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160400244475

Community Details

Overview

  • Fallsmead HOA
  • Fallsmead Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,820

Year Built

Built in 1968

Lot Details

0

HOA Fees

$92 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2019-02-27
  • Year Built: 1968
  • Remarks Public: Bright, spacious, beautifully maintained Colonial home located in popular Fallsmead. This home has 4 spacious bedrooms and 2 1/2 baths. Inviting main level with extended foyer and family room off kitchen, leading to the spacious deck. Remodeled kitchen with granite. Hardwood floors on upper 2 levels, New windows and recessed lighting. Fully finished walk-out lower level with sliding door and windows leads to private, fenced rear yard, Rough in for lower level bath. Walking distance to schools and park - Wootton Cluster. Easy access to 270 and transportation. See this today!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Utility Room, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Full, Walkout Level, Windows, Rough Bath Plumb
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 2675
  • Price Per Sq Ft: 349.92
  • Above Grade Finished Sq Ft: 2150
  • Below Grade Finished Sq Ft: 525
  • Below Grade Sq Ft: 609
  • Total Below Grade Sq Ft: 1134
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1203

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1100.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Name: FALLSMEAD
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: FALLSMEAD
  • Middle School: ROBERT FROST
  • High School: THOMAS S. WOOTTON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: FALLSMEAD
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: ROBERT FROST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 306500.00
  • Land Assessed Value: 347500.00
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8540.00
  • Year Assessed: 2019
  • Zoning: R150
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13822335
  • Tax Annual Amount: 9820.00
  • Assessor Parcel Number: 160400244475
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 2675
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019
  • Close Date: 08/07/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2019
Closed on
Aug 7, 2019
Sold by
Chung Wai Keen and Liu Junqing
Bought by
Bell Colter Thomas and Bell Alana Wase
Seller's Agent
Catherine Freel
Century 21 Redwood Realty
Buyer's Agent
Nathan Dart
RE/MAX Realty Group
List Price
$789,800
Sold Price
$753,000
Premium/Discount to List
-$36,800
-4.66%
Current Estimated Value
$1,130,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,701
Avg. Annual Appreciation
6.63%
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 28, 2016
Sold by
Carter David F and Carter Nancy K
Bought by
Keen Chung Wai and Keen Junqing Liu
Seller's Agent
Steve Baumgartner
Compass
Buyer's Agent
Catherine Freel
Century 21 Redwood Realty
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$417,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bell Colter Thomas $753,000 Mid Atlantic Setmnt Svcs Llc
Keen Chung Wai $760,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Colter Thomas $593,000
Closed Bell Colter Thomas $600,000
Previous Owner Keen Chung Wai $417,000
Previous Owner Carter David F $181,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $753,000 +0.1% $281 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $752,325 -2.2% $281 / Sq Ft
05/15/2019 05/15/19 Price Changed $769,000 -1.2% $287 / Sq Ft
03/20/2019 03/20/19 Price Changed $778,000 -1.5% $291 / Sq Ft
02/27/2019 02/27/19 For Sale $789,800 +3.9% $295 / Sq Ft
06/28/2016 06/28/16 Sold $760,000 -1.9% $284 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $775,000 -- $290 / Sq Ft
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
2024 $12,477 $883,167 $0 $0
2023 $10,555 $797,800 $383,100 $414,700
2022 $10,009 $778,800 $0 $0
2021 $9,780 $759,800 $0 $0
2020 $9,484 $740,800 $364,900 $375,900
2019 $9,129 $711,867 $0 $0
2018 $8,807 $682,933 $0 $0
2017 $8,568 $654,000 $0 $0
2016 -- $645,567 $0 $0
2015 $8,108 $637,133 $0 $0
2014 $8,108 $628,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Freel

    Seller's Agent in 2019

    Catherine Freel

    Century 21 Redwood Realty

    (301) 922-4197

    19 Total Sales

    Catherine Freel
    Section Image
  • Nathan Dart

    Buyer's Agent in 2019

    Nathan Dart

    Remax Realty Group

    (301) 461-0693

    5 in this area

    556 Total Sales

    Nathan Dart
    Section Image
  • Steve Baumgartner

    Seller's Agent in 2016

    Steve Baumgartner

    Compass

    (240) 994-1274

    5 in this area

    69 Total Sales

    Steve Baumgartner
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC620648

Bright MLS

APN: 04-00244475

Maryland Montgomery County Potomac 20854 West Rockville

1203 Fallsmead Way, Potomac, MD

This home is located at 1203 Fallsmead Way, Potomac, MD 20854 since 27 February 2019 and is currently estimated at $1,130,701, approximately $422 per square foot. This property was built in 1968. 1203 Fallsmead Way is a home located in Montgomery County with nearby schools including St. Raphael School and Christ Episcopal School.

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