NOT LISTED FOR SALE

7301 River Falls Dr Potomac, MD 20854

Estimated Value: $1,744,000 - $2,147,000

5 Beds
4.5 Baths
5,136 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $1,620,000 $315 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,346/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Open Floorplan
  • Carderock Springs Elementary School Rated A
  • 3 Fireplaces
  • No HOA

About This Home

As of July 2023

Welcome to 7301 River Falls Drive, a stunning colonial in the heart of?one of?Potomac's?most coveted?neighborhoods, River Falls. This?meticulously maintained and?light-filled, 5BR/4.5BA expanded Rawley model home?has an?open?floor plan with?sophisticated and?inviting?living?spaces inside and out,?it's?an entertainer's dream!!?Classic details throughout this?elegant home include hardwood floors, crown molding, and custom-built cabinetry. Beyond the generous?and welcoming?main entry foyer is a separate formal living room with a fireplace, a separate dining room, a?spacious?family room with fireplace and French door access to?a?delightful?and private?back porch.?Adjacent is the kitchen with both?island and peninsula seating,?which?opens to an?informal dining area. The French doors?offer?access to a spectacular hardscaped patio. A first-floor office, powder room and mudroom/laundry room that connects to the two-car garage (with EV charger) complete?the main level. Upstairs are five generous?bedrooms, including a primary suite with an ensuite bath with soaking tub and separate shower. One of the additional four bedrooms also?offers?an ensuite bath with shower. A?unique?bonus suite includes three bedrooms, a double-vanity Jack and Jill bathroom, and a common area for study or play. The?large,?lower level?with walk-out access to the yard,?is a recreational paradise with high ceilings and plenty of space to play, relax and workout. There is flex space that can be used as a media or guest room. A full bath, fireplace, gym, and large storage spaces?complete?this level.?This impeccably maintained home has two newly replaced HVAC systems and hot water heater. As a result of a 2019 energy audit, the homeowner installed full insulation in the attic, a complete home ventilation system and a UV cleaning system that kills bacteria in the ducts.?This special home sits on over a third of an acre corner lot that features a beautifully landscaped/hardscaped yard surrounded by?mature?trees for privacy.?Enjoy the?popular?neighborhood swimming?pool, tennis?courts,?community center, playgrounds and more!?All this and a location close to I-495, the Beltway, the Clara Barton Parkway and Potomac Village, close?proximity to the C&O Canal, Billy Goat Trail and Great Falls National Park Tavern. It is?truly a?destination for the?outdoor enthusiast, complete with world class hiking, biking and kayaking options.?Welcome home!

Last Agent to Sell the Property

Kelly Lee

(202) 236-2901 klee@ttrsir.com TTR Sotheby's International Realty Listed on: 05/18/2023

TTR Sotheby's International Realty

Co-Listed By

Anne-Marie Finnell

(202) 329-7117 afinnell@ttrsir.com TTR Sotheby's International Realty

Last Buyer's Agent

Annie Lin

(240) 753-0018 annielinrealtor@gmail.com UnionPlus Realty, Inc. License #5015205

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,225

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Family Room Off Kitchen
  • Open Floorplan
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Interior and Side Basement Entry
  • Basement Windows

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 161002391167

Community Details

Overview

  • No Home Owners Association
  • River Falls Subdivision, Rawley Expanded Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,225

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Stainless Steel Appliances, Washer
  • Interior Amenities: Formal/Separate Dining Room, Family Room Off Kitchen, Dining Area, Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Kitchen - Island, Walk-In Closet(s), Wood Floors
  • Fireplaces Count: 3
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Connecting Stairway, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Windows
  • Total Sq Ft: 6047
  • Living Area Sq Ft: 5136
  • Price Per Sq Ft: 395.42
  • Above Grade Finished Sq Ft: 4236
  • Below Grade Finished Sq Ft: 900
  • Below Grade Sq Ft: 911
  • Total Below Grade Sq Ft: 1811
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 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: THOMAS W. PYLE

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15008.00
  • Zoning: R200
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 16225.00
  • Assessor Parcel Number: 161002391167
  • Tax Lot: 89
  • 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
May 18, 2023
Closed on
Jun 30, 2023
Sold by
Wyatt 2011 Family Trust
Bought by
Lin Lan
Seller's Agent
Kelly Lee
TTR Sotheby's International Realty
Buyer's Agent
Annie Lin
UnionPlus Realty, Inc.
List Price
$1,675,000
Sold Price
$1,620,000
Premium/Discount to List
-$55,000
-3.28%
Views
111
Current Estimated Value
$1,882,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,930
Avg. Annual Appreciation
6.18%
Original Mortgage
$750,000
Outstanding Balance
$726,596
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,156,334

Purchase Details

Closed on
Aug 22, 2011
Sold by
Beckler Richard W and Beckler Martha K
Bought by
The Wyatt 2011 Family Trust

Purchase Details

Closed on
Oct 13, 1999
Sold by
Merino Patricio C and Merino S R
Bought by
Beckler Richard W and Beckler K M
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
Lin Lan $1,620,000 First American Title
Lin Lan $1,620,000 First American Title
The Wyatt 2011 Family Trust $1,250,000 Old Republic Title Ins Co
Beckler Richard W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Lan $750,000
Closed Lin Lan $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $1,620,000 -3.3% $315 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,675,000 -- $326 / 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 $19,172 $1,716,900 $502,700 $1,214,200
2024 $19,172 $1,620,600 $0 $0
2023 $9,369 $1,524,300 $0 $0
2022 $15,533 $1,428,000 $502,700 $925,300
2021 $14,575 $1,347,067 $0 $0
2020 $13,660 $1,266,133 $0 $0
2019 $12,747 $1,185,200 $502,700 $682,500
2018 $12,762 $1,185,167 $0 $0
2017 $13,287 $1,185,133 $0 $0
2016 -- $1,185,100 $0 $0
2015 $11,815 $1,170,467 $0 $0
2014 $11,815 $1,155,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2093294

Bright MLS

APN: 10-02391167