NOT LISTED FOR SALE

7109 Masters Dr Potomac, MD 20854

Estimated Value: $1,609,000 - $2,001,000

4 Beds
3.5 Baths
3,590 Sq Ft
$515/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $1,695,000 $472 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,687/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Carderock Springs Elementary School Rated A
  • 2 Fireplaces
  • Community Pool

About This Home

As of March 2022

A truly wonderful River Falls home. From the welcoming front porch to the brilliant, light-filled sun room at the back of the home - this 4 bedroom, 3.5 bath home is ready to go. Glistening hardwood floors lead you throughout the elegant main floor featuring neatly trimmed chair rails, wide crown moldings, over-sized windows, wood burning fireplace in living room and stately fixtures. Two skylights and double sliding French doors onto the wood deck allow light to fill the eat-in kitchen with Corian counters, large island with seating and recessed lighting. Step into the adjoining 4 season, sun room with 2 additional skylights and 2 walls of windows that allow the outside into the home. Sun room over looks the large, flat rear yard with space to run around or for entertaining fully surrounded by a privacy fence. The family room is graced with a wood burning fireplace. Additionally on main floor there is a mudroom off the one car garge, half bath and good-sized laundry room.
The 4 bedrooms up allow for a guest room with en suite bathroom with walk-in shower, 2 additional rooms that share a bright, renovated bathroom. The expansive Primary Suite currently has an over-sized bedroom area with double closet, large dressing room with 2 additional closets and an ideal home office (that could be sitting room, massive walk-in closet, sitting room or nursery). The attached bathroom has a separate shower, jetted tub and dual sinks with 2 skylights.
The lower level is both recreation room and storage. Large open area arranged for your use - play area, work-out space, arts and crafts table - make it yours! Two large, lighted closets and open utility room offers additional storage.
Additional Features:
- 2 AC units replaced in 2021
- 2 Patriot full-house air purifiers 2021
- New Pella Windows throughout
- Nest System with Smart Switches throughout home conveys
- Front Yard Sprinkler System

Last Agent to Sell the Property

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc. Listed on: 02/03/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sondra Mulheron

(301) 785-9536 smulheron@longandfoster.com Compass License #SP98369089

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,674

Year Built

  • Built in 1968

Lot Details

  • 0.43 Acre Lot
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Sprinkler System
  • Property is in excellent condition
  • Property is zoned R200

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Skylights
  • 2 Fireplaces
  • Basement with some natural light

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Playground
  • Play Equipment

Schools

  • Carderock Springs Elementary School
  • Pyle Middle School
  • Walt Whitman High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161000892318

Community Details

Overview

  • No Home Owners Association
  • River Falls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,674

Year Built

Built in 1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: Playground Equipment
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Oven - Wall, Microwave, Refrigerator, Dishwasher, Disposal, Washer, Dryer
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Skylight(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 3801
  • Living Area Sq Ft: 3590
  • Price Per Sq Ft: 489.86
  • Above Grade Finished Sq Ft: 2960
  • Below Grade Finished Sq Ft: 630
  • Below Grade Sq Ft: 211
  • Total Below Grade Sq Ft: 841
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Play Area, Play Equipment, Underground Lawn Sprinkler
  • 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: Concrete Driveway, Circular Driveway
  • Garage Features: Garage Door Opener, Additional Storage Area, Oversized
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage, On Street

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: PYLE

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Fencing: Privacy, Fully, Wood
  • Improvement Assessed Value: 428700.00
  • Land Assessed Value: 520000.00
  • Lot Size Acres: 0.43
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18710.00
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983401
  • Tax Annual Amount: 11674.00
  • Assessor Parcel Number: 161000892318
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 8, 2022
Sold by
Therese Cremins
Bought by
Scharer John Walter and Scharer Kristen
Seller's Agent
Ted Duncan
Long & Foster Real Estate, Inc.
Buyer's Agent
Sondra Mulheron
Compass
List Price
$1,450,000
Sold Price
$1,695,000
Premium/Discount to List
$245,000
16.9%
Current Estimated Value
$1,773,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,624
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Jul 5, 2018
Closed on
Mar 19, 2019
Sold by
Phillips John A and Phillips Alicia M
Bought by
Scharer John Walter and Scharer Kristen
Seller's Agent
Anne Killeen
Washington Fine Properties, LLC
Buyer's Agent
Chris Wood
EXP Realty, LLC
List Price
$1,145,000
Sold Price
$1,075,000
Premium/Discount to List
-$70,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Original Mortgage
$860,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2008
Sold by
Warshowsky Allan B
Bought by
Phillips John A and Phillips Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 14, 2008
Sold by
Warshowsky Allan B
Bought by
Phillips John A and Phillips Alicia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2006
Sold by
Scott Richard G and Scott Elizabeth C
Bought by
Warshowsky Allan B and Warshowsky Priscilla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2006
Sold by
Scott Richard G and Scott Elizabeth C
Bought by
Warshowsky Allan B and Warshowsky Priscilla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Kelley Christopher N and Kelley Megan G
Bought by
Scott Richard G and Scott Elizabeth C

Purchase Details

Closed on
Sep 24, 2003
Sold by
Moller John V
Bought by
Kelley Christopher N and Kelley Megan G

Purchase Details

Closed on
Jan 20, 2000
Sold by
Moller John V and Moller M T
Bought by
Moller John V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Scharer John Walter -- None Listed On Document
Scharer John Walter $1,075,000 District Title
Phillips John A $1,075,000 --
Phillips John A $1,075,000 --
Warshowsky Allan B $1,399,000 --
Warshowsky Allan B $1,399,000 --
Scott Richard G $1,250,000 --
Kelley Christopher N $825,000 --
Kelley Christopher N $825,000 --
Moller John V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scharer John Walter $860,000
Previous Owner Phillips John A $184,000
Previous Owner Phillips John A $729,750
Previous Owner Phillips John A $729,750
Previous Owner Warshowsky Allan B $300,000
Previous Owner Warshowsky Allan B $900,000
Previous Owner Warshowsky Allan B $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $1,695,000 +16.9% $472 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,450,000 +34.9% $404 / Sq Ft
03/19/2019 03/19/19 Sold $1,075,000 -4.9% $283 / Sq Ft View Prior Sale
01/17/2019 01/17/19 Price Changed $1,130,000 -1.3% $297 / Sq Ft
01/03/2019 01/03/19 For Sale $1,145,000 +6.5% $301 / Sq Ft
01/03/2019 01/03/19 Off Market $1,075,000 -- --
11/30/2018 11/30/18 Price Changed $1,145,000 -1.3% $301 / Sq Ft
09/24/2018 09/24/18 Price Changed $1,160,000 -1.3% $305 / Sq Ft
08/13/2018 08/13/18 Price Changed $1,175,000 -2.0% $309 / Sq Ft
07/05/2018 07/05/18 For Sale $1,198,500 -- $315 / 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 $16,943 $1,606,700 $520,000 $1,086,700
2024 $16,943 $1,421,033 $0 $0
2023 $13,157 $1,235,367 $0 $0
2022 $11,419 $1,049,700 $520,000 $529,700
2021 $10,982 $1,016,033 $0 $0
2020 $21,167 $982,367 $0 $0
2019 $10,191 $948,700 $520,000 $428,700
2018 $10,196 $948,133 $0 $0
2017 $10,596 $947,567 $0 $0
2016 $10,287 $947,000 $0 $0
2015 $10,287 $947,000 $0 $0
2014 $10,287 $947,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2034886

Bright MLS

APN: 10-00892318