Seller's Agent in 2019
Eric Stewart
Long & Foster
(301) 252-1697
7 in this area
459 Total Sales
1407 Fallsmead Way Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $1,133,000 - $1,221,000
4
Beds
2.5
Baths
2,740
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- Wood Flooring
- Community Pool
- Colonial Architecture
- Garden View
- Den
About This Home
As of December 2019Welcome to this bright, freshly painted brick colonial in sought after Fallsmead. The inviting entry with its slate floor anchors the main level and draws all to the formal living and dining rooms as well as the first floor office. The family room with its brick wood burning fireplace is open to the eat-in kitchen - perfect for hosting guests and relaxing with family. Sliding glass doors provide access to the brick patio and flat backyard beyond. Upstairs four large bedrooms and two full baths, including an owner's suite with its own sitting room, provide plenty of private space. The unfinished lower level has new flooring and open spaces waiting to be customized. This home, with over 3,700 sq. ft., is just blocks from excellent award winning schools and in close proximity to shopping, restaurants and major commuter routes. Nestled in the Fallsmead neighborhood are a private 17 acre park with its own pond, walking trails, a community pool (pool membership is included in the HOA fee), tennis courts and a playground. Come for a visit and plan to make Fallsmead your next home. Open House scheduled for Sunday, 9/15 from 2:00-4:00pm.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,652
Year Built
- Built in 1970
Lot Details
- 0.27 Acre Lot
- Property is zoned R150
HOA Fees
- $92 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Garage Door Opener
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Wood Burning Fireplace
- Entrance Foyer
- Family Room Off Kitchen
- Sitting Room
- Living Room
- Formal Dining Room
- Den
- Garden Views
- Basement
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Fallsmead Elementary School
- Robert Frost Middle School
- Thomas S. Wootton High School
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 160400244043
Community Details
Overview
- Fallsmead HOA
- Fallsmead Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2019
Closed on
Dec 3, 2019
Sold by
Morgan James P and Estate Of James Robert Morgan
Bought by
Hartman Patricia Wolff and Hartman Patricia Wolff
Seller's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
Buyer's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
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
$410,969
Avg. Annual Appreciation
7.14%
Original Mortgage
$620,000
Interest Rate
3.72%
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 |
|---|---|---|---|
| Hartman Patricia Wolff | $775,000 | Rgs Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hartman Patricia Wolff | $603,698 | |
| Previous Owner | Hartman Patricia Wolff | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2019 12/03/19 | Sold | $775,000 | -2.3% | $283 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
| 09/11/2019 09/11/19 | Price Changed | $793,000 | -3.9% | $289 / Sq Ft |
| 07/12/2019 07/12/19 | For Sale | $825,000 | -- | $301 / 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 |
|---|---|---|---|---|
| 2024 | $11,815 | $833,433 | $0 | $0 |
| 2023 | $11,435 | $759,800 | $404,900 | $354,900 |
| 2022 | $9,502 | $739,500 | $0 | $0 |
| 2021 | $155 | $719,200 | $0 | $0 |
| 2020 | $8,943 | $698,900 | $385,600 | $313,300 |
| 2019 | $8,961 | $698,900 | $385,600 | $313,300 |
| 2018 | $9,015 | $698,900 | $385,600 | $313,300 |
| 2017 | $9,416 | $716,200 | $0 | $0 |
| 2016 | -- | $708,600 | $0 | $0 |
| 2015 | $8,779 | $701,000 | $0 | $0 |
| 2014 | $8,779 | $693,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2019
Debbie Zech
Long & Foster
(360) 303-8294
62 Total Sales
-
Buyer Co-Listing Agent in 2019
Jim Beckley
Long & Foster
(202) 262-2274
1 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC668374
APN: 04-00244043
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