NOT LISTED FOR SALE

1225 Fallsmead Way Potomac, MD 20854

West Rockville Neighborhood

Estimated Value: $947,811 - $1,105,000

-- Bed
4 Baths
2,204 Sq Ft
$481/Sq Ft Est. Value

About This Home

This home is located at 1225 Fallsmead Way, Potomac, MD 20854 and is currently estimated at $1,059,203, approximately $480 per square foot. 1225 Fallsmead Way is a home located in Montgomery County with nearby schools including Fallsmead Elementary School, Robert Frost Middle School, and Volinia Outcome Base School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2013
Sold by
Hornbeak Richard J and Hornbeak Hortencia
Bought by
Hornbeak Richard J and Hornbeak Hortenca M
Current Estimated Value
$1,059,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$294,532
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$764,671

Purchase Details

Closed on
May 3, 1988
Bought by
Hornbeak Richard J and Hornbeak H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Hornbeak Richard J -- None Available
Hornbeak Richard J $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornbeak Richard J $417,000
Source: Public Records

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 $10,615 $805,333 -- --
2024 $10,615 $743,267 $0 $0
2023 $9,010 $681,200 $384,900 $296,300
2022 $8,638 $669,800 $0 $0
2021 $8,273 $658,400 $0 $0
2020 $9,384 $647,000 $366,600 $280,400
2019 $8,289 $647,000 $366,600 $280,400
2018 $8,339 $647,000 $366,600 $280,400
2017 $9,339 $660,900 $0 $0
2016 -- $651,400 $0 $0
2015 $7,857 $641,900 $0 $0
2014 $7,857 $632,400 $0 $0
Source: Public Records

Map

Maryland Montgomery County Potomac 20854 West Rockville

1225 Fallsmead Way, Potomac, MD

Not Listed for Sale

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