NOT LISTED FOR SALE

7004 Masters Dr Potomac, MD 20854

Estimated Value: $1,324,749 - $1,633,000

3 Beds
2.5 Baths
2,436 Sq Ft
$600/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $929,000 $381 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,670/month

3 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Rambler Architecture
  • Carderock Springs Elementary School Rated A
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2015

INCREDIBLE OFFERING lovely ,warm,3 BEDROOM 2.5 BATHS ,3 FIREPLACES, ,FIRST FLOOR LIVING IN THIS ONE OF KIND CUSTOM RAMBLER IN SOUGHT AFTER RIVER FALLS COMMUNITY.LARGE LIGHT FILLED ROOMS ,OPEN FLOOR PLAN,HARDWOOD FLOORS,NEW RECESSED LIGHTING, ELEVATOR,FINISHED LOWER LEVEL CARPETING, WITH BONUS ROOM, OFFICE,FAMILY ROOM WITH FP,WALK , RIDE , BIKE TO CO CANAL,COMMUNITY SWIM AND TENNIS

Last Agent to Sell the Property

Sandra Lavery

(301) 254-2423 sandra.lavery@lnf.com Long & Foster Real Estate, Inc. Listed on: 04/08/2015

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,501

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Back Yard Fenced
  • Wooded Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Site Parking

Home Design

  • Rambler Architecture
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • High Ceiling
  • 3 Fireplaces
  • Family Room Off Kitchen
  • Combination Kitchen and Living
  • Wood Flooring
  • Garden Views
  • Attic Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Front Loading Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Carderock Springs Elementary School
  • Thomas W. Pyle Middle School
  • Walt Whitman High School

Utilities

  • Cooling Available
  • Central Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 78
  • Assessor Parcel Number 161000894226

Community Details

Overview

  • No Home Owners Association
  • Built by GOSNELL
  • River Falls Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,501

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Accessibility Features: Elevator, 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2015-04-10
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Combination Kitchen/Living, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Elevator, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace Features: Equipment
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Wall Ceiling Types: High
  • Entry Location: Center Hall
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Side Entrance, Full, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick Front, Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: Garden/Lawn
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Site, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Attic Fan
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Club House, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground, Baseball Field, Basketball Courts, Soccer Field
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: THOMAS W. PYLE

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 385800.00
  • Land Assessed Value: 479000.00
  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.35
  • Lot Size Area: 15069
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15069.00
  • Outdoor Living Structures: Screened, Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R200

Building Info

  • Builder Name: GOSNELL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983588
  • Tax Annual Amount: 9501.08
  • Assessor Parcel Number: 161000894226
  • Tax Lot: 78
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2025
Sold by
Gunness Kristen A and Macholz Wolfgang
Bought by
Gunness Kristen A
Current Estimated Value
$1,460,687

Purchase Details

Listed on
Apr 8, 2015
Closed on
Jun 8, 2015
Sold by
Lynch Sandra and Lynch Robert P
Bought by
Gunness Kristen A and Macholz Wolfgang
Seller's Agent
Sandra Lavery
Long & Foster Real Estate, Inc.
Buyer's Agent
Ted Duncan
Long & Foster Real Estate, Inc.
List Price
$939,900
Sold Price
$929,000
Premium/Discount to List
-$10,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$743,200
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Slack James W and Slack V G
Bought by
Lynch Sandra and Lynch Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,047
Interest Rate
4.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2011
Sold by
Slack James W and Slack V G
Bought by
Lynch Sandra and Lynch Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,047
Interest Rate
4.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1995
Sold by
Testa Robert D Te
Bought by
Slack James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Gunness Kristen A -- None Listed On Document
Gunness Kristen A $929,000 Rgs Title
Lynch Sandra $849,000 --
Lynch Sandra $849,000 --
Lynch Sandra $849,000 --
Lynch Sandra $849,000 --
Slack James W $389,500 --
V James W $389,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gunness Kristen A $743,200
Previous Owner Lynch Sandra $737,047
Previous Owner Lynch Sandra $737,047
Previous Owner Slack James W $311,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2015 06/08/15 Sold $929,000 -1.2% $381 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $939,900 -- $386 / 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
2025 $13,293 $1,176,900 $503,000 $673,900
2024 $13,293 $1,115,867 -- --
2023 $11,881 $1,054,833 $0 $0
2022 $10,682 $993,800 $503,000 $490,800
2021 $10,391 $984,233 $0 $0
2020 $10,391 $974,667 $0 $0
2019 $10,268 $965,100 $503,000 $462,100
2018 $9,909 $931,667 $0 $0
2017 $9,722 $898,233 $0 $0
2016 -- $864,800 $0 $0
2015 $8,156 $843,067 $0 $0
2014 $8,156 $821,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002319655

Bright MLS

APN: 10-00894226