NOT LISTED FOR SALE

12115 Gatewater Dr Potomac, MD 20854

Estimated Value: $919,000 - $973,000

4 Beds
3.5 Baths
2,947 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $883,000 $300 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,962/month

6 Days on Market

Highlights

  • Black Bottom Pool
  • Sauna
  • Colonial Architecture
  • Beverly Farms Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of May 2021

ONE-OF-A-KIND, 4 bedroom, 3 1/2 bath, garage townhome with an INGROUND, BLACK BOTTOM POOL AND HOT TUB! Bright white kitchen, hardwood floors, step down family room with vaulted ceiling and gas fireplace, large master suite with renovated master bathroom, including spacious shower with dual showerheads. Huge finished basement with a SAUNA, large laundry room, rec room, full bath and possible 4th bedroom (has closet). Located in the very desirable Fallsberry neighborhood in Potomac. Beverly Farms Elem, Hoover Middle and Churchill High School.

Last Agent to Sell the Property

Carrie Mann

(240) 219-2422 carriemannhomes@gmail.com Compass License #0225264361 Listed on: 04/07/2021

Compass

Last Buyer's Agent

Alishia Richardson

(703) 518-8300 jennifer.molden@cbmove.com Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1985

Lot Details

  • 3,595 Sq Ft Lot
  • Southwest Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Extensive Hardscape
  • Property is in very good condition

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sauna
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Pool

  • Black Bottom Pool
  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck

Schools

  • Beverly Farms Elementary School
  • Herbert Hoover Middle School
  • Winston Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 161002333141

Community Details

Overview

  • Association fees include common area maintenance, management, reserve funds, snow removal, trash
  • Fallsberry Homeowners Association
  • Fallsberry Subdivision
  • Property Manager

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Jogging Path

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,600

Year Built

Built in 1985

Lot Details

3,595 Sq Ft Lot

HOA Fees

$108 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: See Inclusion/Exclusion Addendum
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-04-08
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Washer, Water Heater, Oven/Range - Gas
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Recessed Lighting, Sauna, Skylight(s), Whirlpool/Hottub, Window Treatments, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Gas/Propane, Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Levels Count: 3
  • Room List: Living Room, Kitchen, Family Room, Laundry, Recreation Room, Additional Bedroom
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 3261
  • Living Area Sq Ft: 2947
  • Price Per Sq Ft: 375.51
  • Above Grade Finished Sq Ft: 2197
  • Below Grade Finished Sq Ft: 750
  • Below Grade Sq Ft: 314
  • Total Below Grade Sq Ft: 1064
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Extensive Hardscape, Hot Tub
  • Pool Features: Black Bottom, Fenced, In Ground
  • Roof: Asphalt, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Concrete Driveway, Unassigned
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 308.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 323.95
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Jog/Walk Path, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Reserve Funds, Snow Removal, Trash
  • HOA Name: FALLSBERRY HOMEOWNERS ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: BEVERLY FARMS
  • High School: WINSTON CHURCHILL
  • Middle Or Junior School: HERBERT HOOVER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 468200.00
  • Land Assessed Value: 250000.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3595.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: PD3
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 13990205
  • Tax Annual Amount: 7600.00
  • Assessor Parcel Number: 161002333141
  • Tax Lot: 42
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 14, 2021
Sold by
Mahan Jean M
Bought by
Hosseini Mehdi and Jafarian Hoda
Seller's Agent
Carrie Mann
Compass
Buyer's Agent
Alishia Richardson
Coldwell Banker Realty
List Price
$825,000
Sold Price
$883,000
Premium/Discount to List
$58,000
7.03%
Current Estimated Value
$952,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,672
Avg. Annual Appreciation
1.57%
Original Mortgage
$822,375
Outstanding Balance
$744,112
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$208,560

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 7, 2017
Sold by
Weinstein Adam and Weinstein Alisa
Bought by
Mahan Jean M
Seller's Agent
Carrie Mann
Compass
Buyer's Agent
GINA BECKER
Long & Foster Real Estate, Inc.
List Price
$749,900
Sold Price
$777,000
Premium/Discount to List
$27,100
3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$749,222
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 2017
Sold by
Le Terri
Bought by
Stein Jonathan A and Stein Rachel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2002
Sold by
Walsh John G and Walsh F N
Bought by
Weinstein Adam and Weinstein Alisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hosseini Mehdi $883,000 Pinnacle Title & Escrow Inc
Mahan Jean M $777,000 Rgs Title Llc
Stein Jonathan A $410,000 Cretified Title Corporation
Weinstein Adam $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosseini Mehdi $822,375
Previous Owner Mahan Jean M $749,222
Previous Owner Stein Jonathan A $389,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $883,000 +7.0% $300 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $825,000 +6.2% $280 / Sq Ft
06/07/2017 06/07/17 Sold $777,000 +3.6% $238 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $749,900 -- $230 / Sq Ft
Source: Bright MLS

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 $10,114 $888,500 $250,000 $638,500
2024 $10,114 $831,733 $0 $0
2023 $8,753 $774,967 $0 $0
2022 $7,708 $718,200 $250,000 $468,200
2021 $7,418 $697,667 $0 $0
2020 $7,162 $677,133 $0 $0
2019 $6,909 $656,600 $250,000 $406,600
2018 $6,676 $636,667 $0 $0
2017 $6,495 $616,733 $0 $0
2016 $5,778 $596,800 $0 $0
2015 $5,778 $589,667 $0 $0
2014 $5,778 $582,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC750196

Bright MLS

APN: 10-02333141

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