Seller's Agent in 2013
Andre Perez
Compass
(703) 926-7603
2 in this area
137 Total Sales
12214 Falls Rd Potomac, MD 20854
Estimated Value: $1,297,675 - $1,440,000
5
Beds
6
Baths
4,122
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Colonial Architecture
- 1 Fireplace
- Cold Spring Elementary School Rated A
- Two Story Ceilings
- Upgraded Countertops
About This Home
As of October 2013***** Reduced Price******Welcome to Falls Farm at Potomac. Former Model Home built by Kettler Brothers. Conveniently located on Falls Road, close to schools, parks, shopping, recreation, Metro bus route and highway. This residence is ideal for a big family looking for lots of square footage & entertaining.Bright daylight walkout basement, in-law unit with full size windows and over 2000 sq feet
Last Agent to Sell the Property
(703) 266-7277 stephanie.white@compass.com Compass License #BR986378386 Listed on: 03/05/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,188
Year Built
- Built in 1996
Lot Details
- 0.4 Acre Lot
- Property is in very good condition
- Property is zoned R200
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Log Walls
Interior Spaces
- Property has 3 Levels
- Two Story Ceilings
- 1 Fireplace
- Window Treatments
- Dining Area
Kitchen
- Gourmet Kitchen
- Double Oven
- Stove
- Microwave
- Ice Maker
- Dishwasher
- Upgraded Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- 6 Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Rear Basement Entry
- Sump Pump
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Natural Gas Water Heater
Community Details
- Built by KETTLER BROTHERS
- Chartwell
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 160403015656
- $512 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2013
Closed on
Oct 30, 2013
Sold by
Shahi Nileshwar P and Shahi Sharmishta
Bought by
Anand Rahul and Annad Kavita
Seller's Agent
Andre Perez
Compass
Buyer's Agent
Karen Parnes
Your Way Realty LLC
List Price
$999,950
Sold Price
$960,000
Premium/Discount to List
-$39,950
-4%
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
$429,919
Avg. Annual Appreciation
3.05%
Original Mortgage
$768,000
Outstanding Balance
$527,965
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$861,954
Purchase Details
Closed on
Jul 3, 2002
Sold by
Lee Jae K and Lee N C
Bought by
Shahi Nileshwar P and Shahi Sharmishitha
Purchase Details
Closed on
Jul 10, 1997
Sold by
Kettler Brothers Inc
Bought by
N Jae K and N Lee C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anand Rahul | $960,000 | Old Republic National Title | |
| Shahi Nileshwar P | $688,000 | -- | |
| N Jae K | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anand Rahul | $768,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2013 10/30/13 | Sold | $960,000 | 0.0% | $233 / Sq Ft |
| 09/01/2013 09/01/13 | Off Market | $960,000 | -- | -- |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- |
| 06/06/2013 06/06/13 | Price Changed | $959,950 | -4.0% | $233 / Sq Ft |
| 03/05/2013 03/05/13 | For Sale | $999,950 | -- | $243 / 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 | $11,895 | $999,833 | -- | -- |
| 2024 | $11,895 | $968,833 | $0 | $0 |
| 2023 | $10,314 | $899,500 | $388,500 | $511,000 |
| 2022 | $7,250 | $899,500 | $388,500 | $511,000 |
| 2021 | $9,757 | $899,500 | $388,500 | $511,000 |
| 2020 | $8,071 | $945,000 | $388,500 | $556,500 |
| 2019 | $10,193 | $945,000 | $388,500 | $556,500 |
| 2018 | $10,738 | $948,633 | $0 | $0 |
| 2017 | $10,683 | $945,000 | $0 | $0 |
| 2016 | -- | $908,133 | $0 | $0 |
| 2015 | $9,624 | $871,267 | $0 | $0 |
| 2014 | $9,624 | $834,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Andre Perez
-
Karen Parnes
Buyer's Agent in 2013
Karen Parnes
Your Way Realty LLC
(301) 792-7003
1 in this area
37 Total Sales
Map
Source: Bright MLS
MLS Number: 1003377760
APN: 04-03015656
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