T
Seller's Agent in 2025
Thomas Paolini
Redfin Corp
12125 Gatewater Dr Potomac, MD 20854
4
Beds
3.5
Baths
2,947
Sq Ft
$117/mo
HOA Fee
Highlights
- Colonial Architecture
- 2 Fireplaces
- 1 Car Attached Garage
- Beverly Farms Elementary School Rated A
- Tennis Courts
- Programmable Thermostat
About This Home
As of September 2025Welcome to 12125 Gatewater Drive – where style, space, and serenity collide! This sun-kissed 4-bedroom, 3.5-bath townhouse is a hidden gem tucked into peaceful, tree-lined Fallsberry that feels like a retreat. Step inside and be greeted by gleaming hardwood floors, 2-story foyer, an open-concept layout, and a kitchen that’s ready for culinary adventures—complete with stainless steel appliances and ample counter space.
Upstairs, the primary suite is your private sanctuary, with an updated en-suite bath, Quartz counter, rain-shower head, and closet space for days. Two additional bedrooms with brand new carpet and a full bath provide comfort and versatility. The fully finished lower level is a showstopper—featuring a fitness room, recreation area, fireplace, custom built in shelves, full bath, and bonus space perfect for movie nights, guests, or your dream home office.
Out back, enjoy your morning coffee or evening wine with peace and privacy on the slate patio overlooking a lush green backdrop and a fully fenced yard. With updates throughout, garage parking, space for 2 additional cars in the driveway and easy access to major routes, shopping, and parks, this home is the perfect blend of convenience and charm.
Come fall in love with your next chapter at Gatewater Drive!
***Bundled service pricing available for buyers. Connect with the listing agent for details.
Last Agent to Sell the Property
Thomas Paolini
Redfin Corp License #SP98368347 Listed on: 06/11/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $9,388
Year Built
- Built in 1985
Lot Details
- 3,595 Sq Ft Lot
HOA Fees
- $117 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- 2 Fireplaces
- Finished Basement
Bedrooms and Bathrooms
Utilities
- Central Air
- Heating Available
- Programmable Thermostat
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number 161002333106
Community Details
Overview
- Association fees include snow removal, common area maintenance
- Fallsberry Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2017
Closed on
Nov 30, 2017
Sold by
Schwartzman Judy G
Bought by
Adam Shapoutian and Adam Michelle Shapoutian
Seller's Agent
Philip Kelley
Compass
Buyer's Agent
Thomas Paolini
Redfin Corp
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$552,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2007
Sold by
Bargamian Louise G Tr
Bought by
Schwartzman Judy G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2007
Sold by
Bargamian Louise G Tr
Bought by
Schwartzman Judy G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 24, 1999
Sold by
Bargamian Louise G
Bought by
Bargamian Louise G 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | $690,000 | Gpn Title Inc | |
| Deed | $632,000 | -- | |
| Deed | $632,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | Balloon | |
| Closed | $552,000 | New Conventional | |
| Closed | $253,297 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $250,000 | Purchase Money Mortgage | |
| Closed | $250,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2025 09/15/25 | Sold | $960,000 | 0.0% | $326 / Sq Ft |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 07/06/2025 07/06/25 | Price Changed | $960,000 | -1.5% | $326 / Sq Ft |
| 06/11/2025 06/11/25 | For Sale | $975,000 | +41.3% | $331 / Sq Ft |
| 11/30/2017 11/30/17 | Sold | $690,000 | -1.4% | $238 / Sq Ft |
| 10/28/2017 10/28/17 | Pending | -- | -- | -- |
| 10/09/2017 10/09/17 | Price Changed | $700,000 | -3.4% | $242 / Sq Ft |
| 09/29/2017 09/29/17 | For Sale | $725,000 | -- | $250 / 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 | $9,388 | $812,700 | $250,000 | $562,700 |
| 2024 | $9,388 | $762,733 | $0 | $0 |
| 2023 | $8,100 | $712,767 | $0 | $0 |
| 2022 | $5,342 | $662,800 | $250,000 | $412,800 |
| 2021 | $6,993 | $659,900 | $0 | $0 |
| 2020 | $13,987 | $657,000 | $0 | $0 |
| 2019 | $6,933 | $654,100 | $250,000 | $404,100 |
| 2018 | $6,690 | $633,233 | $0 | $0 |
| 2017 | $6,482 | $612,367 | $0 | $0 |
| 2016 | $5,647 | $591,500 | $0 | $0 |
| 2015 | $5,647 | $582,067 | $0 | $0 |
| 2014 | $5,647 | $572,633 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Paolini
-
Bob Dada
Buyer's Agent in 2025
Bob Dada
Metropol Realty
(703) 268-8261
1 in this area
88 Total Sales
-
Philip Kelley
Seller's Agent in 2017
Philip Kelley
Compass
(301) 873-7635
1 in this area
89 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2181994
APN: 10-02333106
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