Seller's Agent in 2019
Marsha Schuman
Washington Fine Properties
(301) 943-9731
23 in this area
85 Total Sales
2 Reach Ct Potomac, MD 20854
Estimated Value: $1,369,000 - $1,598,000
4
Beds
5
Baths
3,060
Sq Ft
$492/Sq Ft
Est. Value
Highlights
- Spa
- Colonial Architecture
- Bonus Room
- Morton Elementary School Rated A-
- 1 Fireplace
- Sun or Florida Room
About This Home
As of May 2019One of Fallsreach's best homes and prettiest lots located on a quiet cul-de-sac just off Reach Road...this one checks off all the boxes. 4 bd, 3 full and 2 half baths + bonus room in lower level. Highlights include renovated kitchen open to the family room, great sunroom, newly painted, newer windows, pretty stone patio with hot tub (conveys). .35 acre large lot backs to common area and trail!
Last Agent to Sell the Property
(301) 943-9731 marsha.schuman@wfp.com Washington Fine Properties, LLC Listed on: 03/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,615
Year Built
- Built in 1982
Lot Details
- 0.36 Acre Lot
- Property is zoned R200
HOA Fees
- $58 Monthly HOA Fees
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- 3,060 Sq Ft Home
- Property has 3 Levels
- 1 Fireplace
- Family Room on Second Floor
- Living Room
- Dining Room
- Bonus Room
- Sun or Florida Room
- Basement Fills Entire Space Under The House
Kitchen
- Stove
- Dishwasher
- Stainless Steel Appliances
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
- Front Facing Garage
- Garage Door Opener
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Spa
- Patio
Utilities
- Forced Air Heating System
- Heat Pump System
Community Details
- Association fees include common area maintenance
- Fallsreach Subdivision
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 161001866144
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 4, 2019
Sold by
Lazaro Felipe Vicente
Bought by
Lazaro Felipe Vicente and Lazaro Martina
Current Estimated Value
Purchase Details
Listed on
Mar 22, 2019
Closed on
May 31, 2019
Sold by
Ikenson Alexander
Bought by
Lazaro Felipe Vicente
Seller's Agent
Marsha Schuman
Washington Fine Properties, LLC
Buyer's Agent
Adriana Ruan
RLAH @properties
List Price
$1,059,000
Sold Price
$1,025,000
Premium/Discount to List
-$34,000
-3.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$820,000
Outstanding Balance
$711,986
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$793,138
Purchase Details
Closed on
Jun 20, 2008
Sold by
Reich Matthew E Tr
Bought by
Ikenson Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2008
Sold by
Reich Matthew E Tr
Bought by
Ikenson Alexander
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 2008
Sold by
Reich Mathew E
Bought by
Reich Mathew E Trust
Purchase Details
Closed on
Nov 16, 2007
Sold by
Reich Mathew E
Bought by
Reich Mathew E Trust
Purchase Details
Closed on
Sep 8, 1999
Sold by
Khatri Ram K and Khatri U
Bought by
Reich Mathew E and Reich A M
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 |
|---|---|---|---|
| Lazaro Felipe Vicente | -- | Paragon Title & Escrow Co | |
| Lazaro Felipe Vicente | $1,025,000 | Paragon Title & Escrow Co | |
| Ikenson Alexander | $1,125,000 | -- | |
| Ikenson Alexander | $1,125,000 | -- | |
| Reich Mathew E Trust | -- | -- | |
| Reich Mathew E Trust | -- | -- | |
| Reich Mathew E | $475,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lazaro Felipe Vicente | $820,000 | |
| Previous Owner | Ikenson Alexander | $729,750 | |
| Previous Owner | Ikenson Alexander | $729,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/30/2019 05/30/19 | Sold | $1,025,000 | -3.2% | $335 / Sq Ft |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- |
| 03/22/2019 03/22/19 | For Sale | $1,059,000 | -- | $346 / 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 | $15,129 | $1,368,800 | $447,500 | $921,300 |
| 2024 | $15,129 | $1,255,467 | $0 | $0 |
| 2023 | $14,494 | $1,142,133 | $0 | $0 |
| 2022 | $11,255 | $1,028,800 | $447,500 | $581,300 |
| 2021 | $11,118 | $1,022,933 | $0 | $0 |
| 2020 | $11,020 | $1,017,067 | $0 | $0 |
| 2019 | $10,923 | $1,011,200 | $447,500 | $563,700 |
| 2018 | $10,917 | $1,011,200 | $447,500 | $563,700 |
| 2017 | $12,196 | $1,011,200 | $0 | $0 |
| 2016 | $8,876 | $1,084,200 | $0 | $0 |
| 2015 | $8,876 | $995,133 | $0 | $0 |
| 2014 | $8,876 | $906,067 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Schuman
-
Adriana Ruan
Buyer's Agent in 2019
Adriana Ruan
Real Living at Home
(202) 617-0839
10 in this area
18 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC624942
APN: 10-01866144
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