NOT LISTED FOR SALE

4702 Falstone Ave Chevy Chase, MD 20815

Estimated Value: $1,549,687 - $1,688,000

3 Beds
3 Baths
2,168 Sq Ft
$743/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $1,500,000 $692 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,938/month

4 Days on Market

Highlights

  • Gourmet Galley Kitchen
  • Open Floorplan
  • Wood Flooring
  • Somerset Elementary School Rated A
  • Rambler Architecture
  • Space For Rooms

About This Home

As of March 2023

Location! Location! Location! Classy and beautiful 3 bedroom + den, 3 full bathroom home with welcoming covered front porch in the heart of the Town of Somerset, on fabulous corner lot with 2 fully fenced-in connecting yards separated by gate, with extended custom patios on both sides. Steps away from community pool and wooded walking path to Friendship Heights shops, restaurants, Metro, and more! Short blocks away from Capital Crescent Trail and Town’s basketball court, tennis courts, and batting cage. Freshly painted, gleaming refinished hardwood floors, new carpet, beautiful landscaping, and tons of light from recessed lights and oversized windows!

Main level boasts hardwood floors, large living room with high-end direct vent gas fireplace insert, spacious dining room wired for sound system, peninsula opening to updated kitchen and double glass doors into lovely great room. Kitchen has beautiful cherry wood cabinets and light quartz counters. Family room rebuilt seamlessly by Sellers with vaulted ceilings, 2 sets of sliding doors (one to each yard), fully-connected HVAC ductwork, insulated hardwood floors, and built-in bookshelves. 3 generously sized bedrooms, 2 full updated bathrooms, and stacked washer/dryer closet complete the main level.

Walkout lower level has wonderful extensive main room, office with built-in shelving and wall of glass doors, full bathroom, connection to garage, cedar closet, and steps up to backyard.

Additional upgrades include: expanded permeable paver 3-car driveway, leased roof solar panels, solar water heater, sump pump, insulated floored attic, and extensive Elfa shelving systems.

Minimal Town taxes include pool membership, Montgomery County police officers as secondary source of police protection, upkeep for and use of recreational facilities, snow and leaf removal, services for collecting trash, garden refuse, and recycling, and ability to rent Town Hall and Grounds.

Offer Deadline: Wed, March 1 at 2pm.
Professional photos to be posted when ready.

Last Agent to Sell the Property

Jessica Kreiser

RE/MAX Town Center License #SP98366522 Listed on: 02/24/2023

RE/MAX Town Center

Last Buyer's Agent

Jennifer Knoll

Compass License #0225191494

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,481

Year Built

  • Built in 1950

Lot Details

  • 7,955 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Back Yard Fenced
  • Aluminum or Metal Fence
  • Wire Fence
  • Property is in excellent condition
  • Property is zoned R60

Parking

  • 1 Car Direct Access Garage
  • 3 Driveway Spaces
  • Basement Garage
  • Lighted Parking
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Surface Parking
  • Unassigned Parking

Home Design

  • Rambler Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Attic

Kitchen

  • Gourmet Galley Kitchen
  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Electric Washer and Dryer

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Interior, Rear, and Side Basement Entry
  • Garage Access
  • Sump Pump
  • Shelving
  • Space For Rooms
  • Basement Windows

Home Security

  • Storm Windows
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Solar Water Heater

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Somerset Elementary School
  • Westland Middle School
  • Bethesda-Chevy Chase High School

Utilities

  • Central Heating and Cooling System
  • Dehumidifier
  • Programmable Thermostat
  • Phone Available

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 160700539164

Community Details

Overview

  • No Home Owners Association
  • Somerset Subdivision

Recreation

  • Heated Community Pool
  • Lap or Exercise Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,481

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-02-24
  • Federal Flood Zone: No
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Location! Location! Location! Classy and beautiful 3 bedroom + den, 3 full bathroom home with welcoming covered front porch in the heart of the Town of Somerset, on fabulous corner lot with 2 fully fenced-in connecting yards separated by gate, with extended custom patios on both sides. Steps away from community pool and wooded walking path to Friendship Heights shops, restaurants, Metro, and more! Short blocks away from Capital Crescent Trail and Town’s basketball court, tennis courts, and batting cage. Freshly painted, gleaming refinished hardwood floors, new carpet, beautiful landscaping, and tons of light from recessed lights and oversized windows! Main level boasts hardwood floors, large living room with high-end direct vent gas fireplace insert, spacious dining room wired for sound system, peninsula opening to updated kitchen and double glass doors into lovely great room. Kitchen has beautiful cherry wood cabinets and light quartz counters. Family room rebuilt seamlessly by Sellers with vaulted ceilings, 2 sets of sliding doors (one to each yard), fully-connected HVAC ductwork, insulated hardwood floors, and built-in bookshelves. 3 generously sized bedrooms, 2 full updated bathrooms, and stacked washer/dryer closet complete the main level. Walkout lower level has wonderful extensive main room, office with built-in shelving and wall of glass doors, full bathroom, connection to garage, cedar closet, and steps up to backyard. Additional upgrades include: expanded permeable paver 3-car driveway, leased roof solar panels, solar water heater, sump pump, insulated floored attic, and extensive Elfa shelving systems. Minimal Town taxes include pool membership, Montgomery County police officers as secondary source of police protection, upkeep for and use of recreational facilities, snow and leaf removal, services for collecting trash, garden refuse, and recycling, and ability to rent Town Hall and Grounds. Offer Deadline: Wed, March 1 at 2pm. Professional photos to be posted when ready.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Microwave, Oven - Single, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer - Front Loading, Water Heater - Solar, Oven/Range - Electric, Dryer - Electric, Washer/Dryer Stacked
  • Flooring Type: Carpet, Concrete, Hardwood, Vinyl
  • Interior Amenities: Attic, Built-Ins, Carpet, Cedar Closet(s), Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Galley, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Sound System, Tub Shower, Upgraded Countertops, Window Treatments, Wood Floors
  • Window Features: Bay/Bow, Energy Efficient, Screens, Storm
  • Fireplace Features: Gas/Propane, Insert, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Sliding Glass, Storm
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Foyer, Office, Utility Room, Bathroom 2, Bathroom 3, Primary Bathroom
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Full, Garage Access, Heated, Improved, Interior Access, Outside Entrance, Partially Finished, Rear Entrance, Shelving, Side Entrance, Space For Rooms, Sump Pump, Walkout Level, Walkout Stairs, Windows
  • Laundry Type: Main Floor
  • Total Sq Ft: 3284
  • Living Area Sq Ft: 2168
  • Price Per Sq Ft: 721.15
  • Above Grade Finished Sq Ft: 1768
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 1116
  • Total Below Grade Sq Ft: 1516
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4702

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Lighted Parking, Paved Driveway, Paved Parking, Private, Surface, Unassigned
  • Garage Features: Covered Parking, Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage, Driveway, On Street
  • Number of Spaces in Driveway: 3

Utilities

  • Refuse: 38.07
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Dehumidifier, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Solar
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, Heated, In Ground, Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: SOMERSET
  • Middle School: WESTLAND
  • High School: BETHESDA-CHEVY CHASE
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: SOMERSET
  • High School: BETHESDA-CHEVY CHASE
  • Middle Or Junior School: WESTLAND

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Wood, Aluminum, Rear, Wire, Wrought Iron
  • Improvement Assessed Value: 181600.00
  • Land Assessed Value: 974000.00
  • Land Use Code: R
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7955.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: R60
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No
  • Green Remarks: Roof Solar Panels and Solar Water Heater

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13868314
  • Tax Annual Amount: 13481.00
  • Assessor Parcel Number: 160700539164
  • Tax Lot: 17
  • Tax Total Finished Sq Ft: 2168
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 03/10/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 10, 2023
Sold by
Kreiser B Robert
Bought by
Rand Robin and Rand Marco
Seller's Agent
Jessica Kreiser
RE/MAX Town Center
Buyer's Agent
Jennifer Knoll
Compass
List Price
$1,275,000
Sold Price
$1,500,000
Premium/Discount to List
$225,000
17.65%
Views
59
Current Estimated Value
$1,611,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,172
Avg. Annual Appreciation
2.94%
Original Mortgage
$1,200,000
Outstanding Balance
$1,169,012
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$437,997

Purchase Details

Closed on
Feb 22, 1994
Sold by
Crocker By Atty K B
Bought by
Kreiser B R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
7.18%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rand Robin $1,500,000 --
Kreiser B R $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rand Robin $1,200,000
Previous Owner Kreiser B Robert B $215,000
Previous Owner Kreiser B Robert $265,000
Previous Owner Kreiser B Robert $265,100
Previous Owner Kreiser B Robert $274,000
Previous Owner Kreiser B R $243,750
Closed Kreiser B R $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $1,500,000 +17.6% $692 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,275,000 -- $588 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2024 $168 $1,155,600 $974,000 $181,600
2023 $15,006 $1,131,233 $0 $0
2022 $12,789 $1,106,867 $0 $0
2021 $12,471 $1,082,500 $927,600 $154,900
2020 $12,471 $1,082,500 $927,600 $154,900
2019 $12,452 $1,082,500 $927,600 $154,900
2018 $12,623 $1,094,500 $883,500 $211,000
2017 $12,078 $1,031,567 $0 $0
2016 -- $968,633 $0 $0
2015 $9,223 $905,700 $0 $0
2014 $9,223 $887,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2082916

Bright MLS

APN: 07-00539164