Seller's Agent in 2021
Joshua Siegel
Long & Foster
(240) 672-1903
2 in this area
3 Total Sales
1403 Fallswood Dr Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $1,057,762 - $1,130,000
5
Beds
3.5
Baths
2,632
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- 0.24 Acre Lot
- Colonial Architecture
- 1 Fireplace
- Fallsmead Elementary School Rated A
- Property is near park
- No HOA
About This Home
As of July 2021Offer Deadline Set for Tuesday at 5:00 PM.
This spectacular and well maintained 5 BR/ 3.5 BA home sits on a quiet street in the highly sought-after Fallswood neighborhood just steps to Fallsmead Elementary School. It backs to a wooded escape which provides privacy and beautiful views that can be enjoyed thru bay windows that anchor the kitchen. This updated and large open concept kitchen extends into a warm and inviting family room with a fireplace. A formal dining room and living room round out the rest of the first floor providing for a natural flow throughout the home. In addition, a recently completed screened in 16x16 deck provides stunning scenery and excellent entertaining. Moving upstairs, one can find 4 bedrooms, all with beautiful, newly installed hardwood floors. The large primary bedroom enjoys a recently renovated large master bath with double vanity. The second bathroom upstairs was also recently renovated. Moving to the finished walkout basement of over 1,000 square feet, multiple rooms provide ample living space, storage and bedroom and full bathroom. This house is in the Wootton school cluster, close to parks, playgrounds and access to all City of Rockville amenities. I-270 is one minute away.
Last Agent to Sell the Property
(240) 672-1903 josh@coakleyrealty.com Long & Foster Real Estate, Inc. Listed on: 06/17/2021
Last Buyer's Agent
Agne Salgado
(202) 607-4203 homes@agnesalgado.com Redfin Corp License #SP200203446
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,024
Year Built
- Built in 1977
Lot Details
- 10,500 Sq Ft Lot
- Property is zoned R150
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Home Design
- Colonial Architecture
Interior Spaces
- Property has 2 Levels
- 1 Fireplace
- Basement with some natural light
Bedrooms and Bathrooms
Location
- Property is near park
Schools
- Fallsmead Elementary School
- Robert Frost Middle School
- Thomas S. Wootton High School
Utilities
- Forced Air Heating and Cooling System
- 60+ Gallon Tank
Community Details
- No Home Owners Association
- Fallswood Subdivision
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 160401738137
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2021
Closed on
Jul 26, 2021
Sold by
Kraus Aaron and Kraus Traci
Bought by
Chang Doyoung and Chung Heaseung
Seller's Agent
Joshua Siegel
Long & Foster Real Estate, Inc.
Buyer's Agent
Agne Salgado
Redfin Corp
List Price
$839,000
Sold Price
$920,000
Premium/Discount to List
$81,000
9.65%
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
$170,441
Avg. Annual Appreciation
3.85%
Original Mortgage
$548,250
Outstanding Balance
$498,529
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$591,912
Purchase Details
Listed on
Apr 7, 2016
Closed on
May 18, 2016
Sold by
Chung Deuk Hyon and Chung Sung Soon
Bought by
Kraus Aaron and Kraus Traci
Seller's Agent
Amir Forghani
Long & Foster Real Estate, Inc.
Buyer's Agent
Elliot Barber
Long & Foster Real Estate, Inc.
List Price
$679,900
Sold Price
$707,400
Premium/Discount to List
$27,500
4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$565,920
Interest Rate
3.59%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chang Doyoung | $920,000 | Gpn Title Inc | |
| Kraus Aaron | $707,400 | First Amer Title Ins Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chang Doyoung | $548,250 | |
| Previous Owner | Kraus Aaron | $565,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/26/2021 07/26/21 | Sold | $920,000 | +9.7% | $350 / Sq Ft | |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- | |
| 06/17/2021 06/17/21 | For Sale | $839,000 | +18.6% | $319 / Sq Ft | |
| 05/18/2016 05/18/16 | Sold | $707,400 | +4.0% | $344 / Sq Ft | View Prior Sale |
| 04/10/2016 04/10/16 | Pending | -- | -- | -- | |
| 04/07/2016 04/07/16 | For Sale | $679,900 | -- | $331 / 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 | $10,192 | $776,867 | -- | -- |
| 2024 | $10,192 | $711,533 | $0 | $0 |
| 2023 | $8,546 | $646,200 | $398,000 | $248,200 |
| 2022 | $8,299 | $646,200 | $398,000 | $248,200 |
| 2020 | $17,181 | $671,600 | $379,000 | $292,600 |
| 2019 | $8,333 | $650,433 | $0 | $0 |
| 2018 | $8,197 | $629,267 | $0 | $0 |
| 2017 | $7,821 | $608,100 | $0 | $0 |
| 2016 | -- | $589,967 | $0 | $0 |
| 2015 | $7,247 | $571,833 | $0 | $0 |
| 2014 | $7,247 | $553,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Siegel
-
Agne Salgado
A
Buyer's Agent in 2021
Agne Salgado
Redfin Corp
-
Amir Forghani
Seller's Agent in 2016
Amir Forghani
Long & Foster
(301) 704-8778
80 Total Sales
-
Elliot Barber
Buyer's Agent in 2016
Elliot Barber
Long & Foster
(240) 603-8401
111 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC763994
APN: 04-01738137
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