1403 Fallsmead Way Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $1,082,003 - $1,221,000
Studio
4
Baths
2,440
Sq Ft
$475/Sq Ft
Est. Value
About This Home
This home is located at 1403 Fallsmead Way, Potomac, MD 20854 and is currently estimated at $1,158,251, approximately $474 per square foot. 1403 Fallsmead Way is a home located in Montgomery County with nearby schools including Fallsmead Elementary School, Robert Frost Middle School, and Thomas S. Wootton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2007
Sold by
Metz Manuel Tr
Bought by
Chubukian Garbis
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$141,852
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,016,399
Purchase Details
Closed on
Apr 30, 2007
Sold by
Metz Manuel Tr
Bought by
Chubukian Garbis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$141,852
Interest Rate
6.21%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,016,399
Purchase Details
Closed on
Oct 28, 2005
Sold by
Metz Manuel and Metz B D
Bought by
Metz Manuel Et Al Tr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chubukian Garbis | $815,000 | -- | |
| Chubukian Garbis | $815,000 | -- | |
| Metz Manuel Et Al Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chubukian Garbis | $235,000 | |
| Open | Chubukian Garbis | $417,000 | |
| Closed | Chubukian Garbis | $235,000 | |
| Closed | Chubukian Garbis | $417,000 |
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 | $11,533 | $884,400 | -- | -- |
| 2024 | $11,533 | $812,200 | $0 | $0 |
| 2023 | $9,789 | $740,000 | $390,800 | $349,200 |
| 2022 | $9,347 | $727,533 | $0 | $0 |
| 2021 | $4,495 | $715,067 | $0 | $0 |
| 2020 | $8,991 | $702,600 | $372,200 | $330,400 |
| 2019 | $9,009 | $702,600 | $372,200 | $330,400 |
| 2018 | $9,064 | $702,600 | $372,200 | $330,400 |
| 2017 | $9,421 | $720,300 | $0 | $0 |
| 2016 | $8,846 | $713,067 | $0 | $0 |
| 2015 | $8,846 | $705,833 | $0 | $0 |
| 2014 | $8,846 | $698,600 | $0 | $0 |
Source: Public Records
Map
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