NOT LISTED FOR SALE

7313 River Falls Dr Potomac, MD 20854

Estimated Value: $1,517,000 - $1,843,000

5 Beds
5.5 Baths
3,564 Sq Ft
$473/Sq Ft Est. Value

Last Sold May 23, 2015

Last sale price $1,190,000 $334 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,181/month

6 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Wood Flooring
  • Carderock Springs Elementary School Rated A
  • Traditional Floor Plan
  • Main Floor Bedroom

About This Home

As of May 2015

Charming New England style cape cod w/double bay windows on great lot backing to parkland. Customized 2nd flr w/3brs each w/full bath. Renov. kitchen w/ subZero, 6 burner gas range, microwave/convection oven, beautiful granite & more. Rarely avail. 1st flr mst suite w/BIG bath. Walk out LL with BR. full bath and exercise room Private,wooded yard w/deck and flagstone ter. Open House 4/12 1-4pm

Last Agent to Sell the Property

Lauren Hatten

(301) 996-5592 lauren.hatten@longandfoster.com Long & Foster Real Estate, Inc. License #587126 Listed on: 04/09/2015

Long & Foster Real Estate, Inc.

Co-Listed By

Katharine Epperson

(301) 907-7600 katharine.epperson@longandfoster.com Long & Foster Real Estate, Inc. License #633475

Last Buyer's Agent

Ying Chen

(240) 508-7819 ying.chen@cbrealty.com Coldwell Banker Realty License #0225186769

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,406

Year Built

  • Built in 1986

Lot Details

  • 0.35 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
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Window Screens
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Side Exterior Basement Entry
  • Basement Windows

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • River Falls Subdivision

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 161002391191

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,406

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1986
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven - Wall, Microwave, Oven/Range - Gas, Refrigerator, Trash Compactor, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Dining Area, Built-Ins, Chair Railings, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Primary Bath(s), Wainscotting, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Bay/Bow, Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Door Features: French
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, Exercise Room, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Daylight, Full, Fully Finished, Heated, Walkout Level, Windows
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Schools

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

Lot Info

  • Improvement Assessed Value: 458800.00
  • Land Assessed Value: 479500.00
  • Lot Size Acres: 0.35
  • Lot Size Area: 15176
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15176.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13990387
  • Tax Annual Amount: 10406.42
  • Assessor Parcel Number: 161002391191
  • Tax Lot: 92
  • 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

Listed on
Apr 9, 2015
Closed on
May 22, 2015
Sold by
Mayo Patricia D
Bought by
Pan Lihua and Hao Mingzhe
Seller's Agent
Lauren Hatten
Long & Foster Real Estate, Inc.
Buyer's Agent
Ying Chen
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$1,190,000
Premium/Discount to List
-$9,000
-0.75%
Current Estimated Value
$1,686,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,901
Avg. Annual Appreciation
3.33%
Original Mortgage
$952,000
Outstanding Balance
$353,074
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,333,827

Purchase Details

Closed on
Aug 9, 2004
Sold by
Spencer Thomas P and Spencer W T
Bought by
Mayo Patricia D

Purchase Details

Closed on
Jul 22, 2004
Sold by
Spencer Thomas P and Spencer W T
Bought by
Mayo Patricia D

Purchase Details

Closed on
Dec 11, 1998
Sold by
Speier Elyssa J
Bought by
Spencer Thomas P and Spencer W Spencer T
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
Pan Lihua $1,190,000 Title Town Settlements Llc
Mayo Patricia D $1,214,000 --
Mayo Patricia D $1,214,000 --
Mayo Patricia D $1,214,000 --
Mayo Patricia D $1,214,000 --
Spencer Thomas P $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Lihua $952,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2015 05/23/15 Sold $1,190,000 -0.8% $334 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $1,199,000 -- $336 / 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 $16,332 $1,402,400 $503,500 $898,900
2024 $16,332 $1,373,933 $0 $0
2023 $15,293 $1,345,467 $0 $0
2022 $14,309 $1,317,000 $503,500 $813,500
2021 $12,591 $1,243,100 $0 $0
2020 $12,591 $1,169,200 $0 $0
2019 $11,756 $1,095,300 $503,500 $591,800
2018 $11,191 $1,042,967 $0 $0
2017 $10,813 $990,633 $0 $0
2016 $9,061 $938,300 $0 $0
2015 $9,061 $920,233 $0 $0
2014 $9,061 $902,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002321909

Bright MLS

APN: 10-02391191