NOT LISTED FOR SALE

7201 Masters Dr Potomac, MD 20854

Estimated Value: $1,724,000 - $1,813,000

5 Beds
5 Baths
4,400 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $1,690,000 $384 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,512/month

24 Days on Market

Highlights

  • Gourmet Kitchen
  • View of Trees or Woods
  • Wood Flooring
  • Carderock Springs Elementary School Rated A
  • Colonial Architecture
  • 2 Fireplaces

About This Home

As of December 2023

Welcome to 7201 Masters Drive, an elegantly renovated home nestled in the coveted River Falls neighborhood of Potomac, Maryland. This fabulous home boasts five bedrooms and five luxurious full bathrooms, offering a distinctive floor plan with meticulously designed modern living spaces.
As you step through the front door, you will be greeted by gleaming hardwood floors and custom trim work that extend throughout the main and upper levels. The newly designed kitchen and living area showcase elevated ceilings and exemplify the open floor plan that everyone desires. The kitchen highlights an oversized island with bar seating, marble countertops, spacious custom cabinetry, Thermador refrigerator, built-in Miele espresso machine, beverage refrigerator, and a Thermador six-burner gas range stove, ensuring a gourmet cooking experience. The living area hosts a gas fireplace enveloped by handsome paneled walls, creating an inviting space for gathering. The generously sized dining area is perfect for accommodating larger dinner parties, beautifully wrapped in designer wallpaper, and conveniently connecting to the kitchen for effortless entertaining. Continue to the sunroom, a gracefully designed additional living area wrapped in floor-to-ceiling windows that offer a french door access to the outdoor patio. A versatile office space, complete with custom built-in cabinetry, can easily serve as a main-level bedroom and offers access to a full bathroom featuring a custom tile walk-in shower. The living room offers an abundance of natural light as it showcases a mirrored wall, designer wallpaper, wood-burning fireplace and captivating views of the front of the house. Access the two-car garage from the kitchen, where additional floor-to-ceiling cabinetry provides storage for your everyday items. Ascend to the upper level where three bedrooms and three full bathrooms can be found. The primary suite hosts an expansive sitting area, complete with a walk-in closet and dual bathrooms. The sitting room not only serves as an ideal space for preparing for the day, but also offers an additional cozy lounge space. Two additional bedrooms, a contemporary full bathroom with dual vanities, and a spacious linen closet designed to accommodate larger items round out this upper level. The lower level of this home is thoughtfully designed to meet your needs for added living and recreational space with a walk-out entrance to the side of the house. A well-appointed bedroom is complemented by a newly renovated full bathroom, and an additional closet area can be found on this level. The spacious storage room provides ample space for all your organizational needs, and conveniently houses the washer and dryer. Enjoy the professionally landscaped outdoor space showing off tiered plantings, year-round blooms and exterior lighting. River Falls is an exceptionally unique community with a pool, clubhouse, tennis courts, and playgrounds. Its prime location, just minutes from I-495 and Clara Barton Parkway, ensures a convenient commute. You'll also appreciate the proximity to Potomac Village, Great Falls National Park, and numerous year-round trails and paths for outdoor enjoyment. With its distinguished updates, one-of-a-kind floorplan and central location, this home won't last long. Don't miss this incredible opportunity to make it your own.

Last Agent to Sell the Property

Lisa Stransky

(202) 368-6060 lisa.stransky@wfp.com Washington Fine Properties, LLC License #533211 Listed on: 11/03/2023

Washington Fine Properties, LLC

Last Buyer's Agent

Pamela Schiattareggia

(301) 802-7796 pam.scat@compass.com Compass License #623642

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,996

Year Built

  • Built in 1968

Lot Details

  • 0.44 Acre Lot
  • Property is Fully Fenced
  • Property is in excellent condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Dining Area
  • Views of Woods
  • Walk-Out Basement
  • Laundry on lower level

Kitchen

  • Gourmet Kitchen
  • Six Burner Stove
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 161000894000

Community Details

Overview

  • No Home Owners Association
  • River Falls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,996

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

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

Interior Features

  • Appliances: Six Burner Stove, Stainless Steel Appliances
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Skylight(s), Walk-In Closet(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level
  • Laundry Type: Lower Floor
  • Total Sq Ft: 5028
  • Living Area Sq Ft: 4400
  • Price Per Sq Ft: 480.00
  • Above Grade Finished Sq Ft: 3500
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 628
  • Total Below Grade Sq Ft: 1528
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • View: Trees/Woods
  • 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
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

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: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: THOMAS W. PYLE

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19017.00
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13996.00
  • Assessor Parcel Number: 161000894000
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 27, 2023
Sold by
Upadhya Ami D and Upadhya Sameer
Bought by
Coleman Brendan
Seller's Agent
Lisa Stransky
Washington Fine Properties, LLC
Buyer's Agent
Pamela Schiattareggia
Compass
List Price
$1,680,000
Sold Price
$1,690,000
Premium/Discount to List
$10,000
0.6%
Views
228
Current Estimated Value
$1,768,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,464
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,000,000
Outstanding Balance
$609,659
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$1,158,805

Purchase Details

Listed on
Apr 26, 2012
Closed on
Jun 8, 2012
Sold by
Reilly Marion Sutton and The Marion Sutton Reilly Revoc
Bought by
Upadhya Sameer and Upadhya Ami D
Seller's Agent
Anne Killeen
Washington Fine Properties, LLC
Buyer's Agent
Hans Wydler
Compass
List Price
$985,000
Sold Price
$985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$261,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
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
Coleman Brendan $1,690,000 Rgs Title
Upadhya Sameer $985,000 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Brendan $1,000,000
Previous Owner Upadhya Sameer $261,000
Previous Owner Upadhya Sameer $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2023 12/27/23 Sold $1,690,000 +0.6% $384 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $1,680,000 +70.6% $382 / Sq Ft
06/08/2012 06/08/12 Sold $985,000 0.0% $291 / Sq Ft View Prior Sale
04/26/2012 04/26/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $985,000 -- $291 / 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 $15,182 $1,304,200 $521,500 $782,700
2024 $15,182 $1,279,933 $0 $0
2023 $15,579 $1,255,667 $0 $0
2022 $13,304 $1,231,400 $521,500 $709,900
2021 $11,815 $1,167,567 $0 $0
2020 $11,815 $1,103,733 $0 $0
2019 $11,092 $1,039,900 $521,500 $518,400
2018 $10,687 $1,002,067 $0 $0
2017 $10,464 $964,233 $0 $0
2016 -- $926,400 $0 $0
2015 $9,010 $910,700 $0 $0
2014 $9,010 $895,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2112284

Bright MLS

APN: 10-00894000