1438 Fallsmead Way Potomac, MD 20854
West Rockville Neighborhood
5
Beds
4
Baths
3,756
Sq Ft
0.29
Acres
Highlights
- 0.29 Acre Lot
- Colonial Architecture
- Partially Wooded Lot
- Open Floorplan
- Community Lake
- 5-minute walk to Horizon Hill Park
About This Home
As of May 2023Beautifully Updated Move-in Ready Colonial with 5BD/2.2BA/Library in Wootton School Cluster!! It Features Totally Updated Kitchen w/SS Appliances & Custom Cabinets, Updated Bathrooms, Newer Roof, Newer Deck & Patio, Completely Updated Full Basement w/Half Bath & Upgraded Carpet, Updated Washer/Dryer, Updated Driveway, Gas Fireplace, Hardwood on Main & Upper Levels Throughout, Hardwood Stairs, Recessed Lighting, French Door, Moulding, Tons of Storage Spaces, Beautiful Lawn, Fenced Lot & Much More!! Minutes to 270, 495, Metro, Bus Stop, Shops & Restaurants of Park Potomac and located in Fantastic Fallsmead Community with Swimming Pool, Tennis Courts, Playground, a Duck Pond & a 17 Acre Private Neighborhood Park!!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #AB98373558 Listed on: 06/04/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,748
Year Built
- Built in 1971
Lot Details
- 0.29 Acre Lot
- Northwest Facing Home
- Landscaped
- Extensive Hardscape
- Partially Wooded Lot
- Backs to Trees or Woods
- Back and Side Yard
- Property is in very good condition
- Property is zoned R150
HOA Fees
- $98 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- 4 Driveway Spaces
- Front Facing Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Screen For Fireplace
- Gas Fireplace
- Double Hung Windows
- Window Screens
- Family Room Off Kitchen
- Formal Dining Room
- Attic
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Gas Oven or Range
- Six Burner Stove
- Cooktop with Range Hood
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry on lower level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Connecting Stairway
- Interior Basement Entry
- Basement with some natural light
Schools
- Fallsmead Elementary School
- Robert Frost Middle School
- Thomas S. Wootton High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Programmable Thermostat
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient Appliances
- Exterior Lighting
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 160400243447
Community Details
Overview
- Association fees include all ground fee, pool(s)
- Fallsmead Home Owners Association
- Built by Kettler Brothers
- Fallsmead Subdivision
- Community Lake
Amenities
- Common Area
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
May 18, 2023
Sold by
Schmerling Michelle L
Bought by
Gill Daniel and Chandra Deepika
Seller's Agent
Julie Singer
Northrop Realty
Buyer's Agent
Jessica Aminzadeh
Keller Williams Realty Centre
List Price
$1,199,000
Sold Price
$1,350,000
Premium/Discount to List
$151,000
12.59%
Views
16
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
$43,094
Avg. Annual Appreciation
1.35%
Original Mortgage
$1,050,000
Outstanding Balance
$1,026,926
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$361,585
Purchase Details
Listed on
Jun 4, 2020
Closed on
Jul 8, 2020
Sold by
Kim Robert and Kim Hae Ju
Bought by
Schmerling Aaron D and Schmerling Michelle L
Seller's Agent
Misook Lee
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrew Essreg
RLAH @properties
List Price
$869,000
Sold Price
$825,000
Premium/Discount to List
-$44,000
-5.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%
Original Mortgage
$742,500
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2002
Sold by
Karcher Arthur P and Karcher C C
Bought by
Kim Robert and Kim Hae J
Purchase Details
Closed on
Dec 3, 1997
Sold by
Mayorga Roberto and Mayorga Cortes
Bought by
C Arthur P and C Karcher C
Similar Homes in Potomac, MD
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,350,000 | None Listed On Document | |
| Deed | $825,000 | Kvs Title Llc | |
| Deed | $558,000 | -- | |
| Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Previous Owner | $742,500 | New Conventional | |
| Previous Owner | $580,000 | Stand Alone Second | |
| Previous Owner | $850,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $604,000 | Stand Alone Second | |
| Previous Owner | $850,000 | Unknown | |
| Previous Owner | $850,000 | Unknown | |
| Previous Owner | $637,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $62,500 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $1,350,000 | +12.6% | $359 / Sq Ft |
| 05/04/2023 05/04/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $1,199,000 | +45.3% | $319 / Sq Ft |
| 07/13/2020 07/13/20 | Sold | $825,000 | -1.8% | $220 / Sq Ft |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- |
| 06/14/2020 06/14/20 | Price Changed | $839,900 | -3.3% | $224 / Sq Ft |
| 06/04/2020 06/04/20 | For Sale | $869,000 | -- | $231 / 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 | $13,562 | $964,600 | $0 | $0 |
| 2023 | $12,289 | $824,200 | $408,200 | $416,000 |
| 2022 | $10,087 | $784,900 | $0 | $0 |
| 2021 | $9,596 | $745,600 | $0 | $0 |
| 2020 | $4,519 | $706,300 | $388,700 | $317,600 |
| 2019 | $9,057 | $706,300 | $388,700 | $317,600 |
| 2018 | $9,112 | $706,300 | $388,700 | $317,600 |
| 2017 | $9,521 | $723,900 | $0 | $0 |
| 2016 | -- | $716,400 | $0 | $0 |
| 2015 | $8,901 | $708,900 | $0 | $0 |
| 2014 | $8,901 | $701,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Singer
Seller's Agent in 2023
Julie Singer
Creig Northrop Team of Long & Foster
(410) 303-3281
2 in this area
244 Total Sales
-
Jessica Aminzadeh
Buyer's Agent in 2023
Jessica Aminzadeh
Keller Williams Realty Centre
(443) 992-3504
1 in this area
50 Total Sales
-
Misook Lee
Seller's Agent in 2020
Misook Lee
Long & Foster
(301) 204-7149
1 in this area
21 Total Sales
-
Andrew Essreg
Buyer's Agent in 2020
Andrew Essreg
Real Living at Home
(202) 379-8881
1 in this area
179 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC709860
APN: 04-00243447
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 1109 Pipestem Place
- 10 Sunrise Ct
- 1 Orchard Way S
- 950 Paulsboro Dr
- 3 Woodsend Place
- 9000 Hunting Horn Ln
- 2003 Stratton Dr
- 9307 Overlea Dr
- 9100 Hunting Horn Ln
- 6 Monterra Ct
- 12817 Huntsman Way
- 13200 Foxden Dr
- 904 White Pine Place
- 13 Chantilly Ct
- 435 Winding Rose Dr
- 203 Watts Branch Pkwy
- 5 Marcus Ct
- 12609 Steeple Chase Way
- 9217 Wooden Bridge Rd
- 408 Misty Knoll Dr