NOT LISTED FOR SALE

7301 Masters Dr Potomac, MD 20854

Estimated Value: $1,494,426 - $1,738,000

4 Beds
4.5 Baths
3,770 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $1,145,000 $304 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,717/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Clubhouse
  • Wood Flooring
  • Carderock Springs Elementary School Rated A
  • Traditional Floor Plan
  • 2 Fireplaces

About This Home

As of June 2017

Elegant & Chic describes this charming home! Exquisite white KT, w/ 6 burner Viking GAS range & large island. KT open to FR w/ high, beamed ceiling, floor2ceiling wine closet, wood burning FP & door to patio. Rarely is this model with 2 full baths in MBR available. Finished LL with Rec. Room, putting green room / bedroom and FB #4. RF Swim / Tennis Club. Close to C&O Canal, RTE 495, WHITMAN HS

Last Agent to Sell the Property

Kari Wilner

(301) 908-9111 kwilner@ttrsir.com TTR Sotheby's International Realty License #300546 Listed on: 03/30/2017

TTR Sotheby's International Realty

Last Buyer's Agent

Doc Keane

(202) 441-2343 doc.keane@wfp.com Washington Fine Properties, LLC

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,793

Year Built

  • Built in 1968

Lot Details

  • 0.38 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Living
  • Dining Room
  • Game Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Improved Basement

  • Partial Basement
  • Basement with some natural light

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 161000892364

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Center

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

$10,793

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
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1968
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Kitchen - Island, Dining Area, Kitchen - Eat-In, Chair Railings, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Utility Room
  • Basement: Yes
  • Basement Type: Partial, Daylight, Partial, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 3770
  • Living Area Sq Ft: 3770
  • Price Per Sq Ft: 400.35
  • Above Grade Finished Sq Ft: 2870
  • Below Grade Finished Sq Ft: 900
  • Total Below Grade Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Private: No
  • 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
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: Baseball Field, Basketball Courts, Club House, Community Center, Pool - Outdoor, Pool Mem Avail, Soccer Field, Swimming Pool, Tennis Courts, Tot Lots/Playground
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 16691
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16691.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R200

Building Info

  • Builder Name: GOSNELL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10793.39
  • Assessor Parcel Number: 161000892364
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Graves Thomas Andrew
Bought by
Graves Thomas Andrew and Thomas Andrew Graves Revocable
Current Estimated Value
$1,635,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,100
Outstanding Balance
$450,550
Interest Rate
3%
Mortgage Type
Small Business Administration
Estimated Equity
$1,185,057

Purchase Details

Closed on
Feb 1, 2021
Sold by
Graves Thomas Andrew and Graves Martha Louann
Bought by
Graves Thomas Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,100
Outstanding Balance
$450,550
Interest Rate
3%
Mortgage Type
Small Business Administration
Estimated Equity
$1,185,057

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 9, 2017
Sold by
Morrison James E and Morrison Alison M
Bought by
Graves Thomas Andrew and Graves Martha Louann
Seller's Agent
Kari Wilner
TTR Sotheby's International Realty
Buyer's Agent
Doc Keane
Washington Fine Properties, LLC
List Price
$1,149,000
Sold Price
$1,145,000
Premium/Discount to List
-$4,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$916,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2014
Closed on
Dec 18, 2014
Sold by
Morrison James E
Bought by
Morrison James E and Morrison Alison M
Seller's Agent
Anne Killeen
Washington Fine Properties, LLC
Buyer's Agent
Kari Wilner
TTR Sotheby's International Realty
List Price
$1,040,000
Sold Price
$1,040,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$310,000
Interest Rate
3.99%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Mar 30, 1987
Bought by
Clark William E and P L
Source: Public Records
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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
Graves Thomas Andrew -- Accommodation
Graves Thomas Andrew -- None Available
Graves Thomas Andrew $1,145,000 Federal Title & Escrow Co
Morrison James E $1,040,000 None Available
Morrison James E $1,040,000 None Available
Clark William E $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Thomas Andrew $500,100
Previous Owner Graves Thomas Andrew $916,000
Previous Owner Morrison James E $310,000
Previous Owner Morrison James E $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2017 06/09/17 Sold $1,145,000 -0.3% $304 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,149,000 +10.5% $305 / Sq Ft
12/18/2014 12/18/14 Sold $1,040,000 0.0% $281 / Sq Ft View Prior Sale
11/24/2014 11/24/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $1,040,000 -- $281 / 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 $13,978 $1,233,600 $510,600 $723,000
2024 $13,978 $1,175,333 $0 $0
2023 $12,598 $1,117,067 $0 $0
2022 $8,534 $1,058,800 $510,600 $548,200
2021 $11,340 $1,058,800 $510,600 $548,200
2020 $22,638 $1,058,800 $510,600 $548,200
2019 $11,653 $1,090,700 $510,600 $580,100
2018 $11,009 $1,031,233 $0 $0
2017 $10,101 $971,767 $0 $0
2016 $8,657 $912,300 $0 $0
2015 $8,657 $890,333 $0 $0
2014 $8,657 $868,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002497667

Bright MLS

APN: 10-00892364