NOT LISTED FOR SALE

7400 River Falls Dr Potomac, MD 20854

Estimated Value: $1,520,350 - $1,831,000

5 Beds
4.5 Baths
4,783 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $1,260,000 $263 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $10,018/month

19 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • View of Trees or Woods
  • Traditional Floor Plan
  • Carderock Springs Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2019

Wonderfully updated & meticulously maintained 5BR/4.5BA River Falls home! Large central foyer, hardwood flooring & crown molding throughout. Fabulous family room w/fireplace opens to kitchen and French Doors lead to the backyard! Gourmet kitchen with eat-in dining space, pantry/mud room connecting to 2-car garage & amazing screened-in porch. Main level study and an oversized living room/second family room! Hardwoods continue upstairs with Master suite including a large walk-in closet & gorgeously remodeled Master bathroom. Generously sized bedrooms all and all bathrooms recently renovated! Ideal upper level laundry room! Fully-finished lower level with walk-out access, recreation room, fireplace,5th bedroom, full bath & storage! Flat and grassy backyard with pretty wooded views & patio! River Falls offers a neighborhood pool, tennis programs, playground, Forth of July parade & more!

Last Agent to Sell the Property

Lisa Stransky

(202) 368-6060 lisa.stransky@wfp.com Washington Fine Properties, LLC License #533211 Listed on: 08/08/2019

Washington Fine Properties, LLC

Last Buyer's Agent

Anne Killeen

(301) 706-0067 toprealtormd.dc@gmail.com Washington Fine Properties, LLC License #SP00094539

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,395

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Views of Woods
  • Home Security System
  • Eat-In Gourmet Kitchen
  • Laundry on upper level

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Side Basement Entry

Outdoor Features

  • Screened Patio
  • Playground
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • River Falls Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 161002391101

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,395

Year Built

Built in 1986

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: 1986
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, Cedar Closet(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Gourmet, Primary Bath(s), Walk-In Closet(s), Wet/Dry Bar, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Walkout Level, Fully Finished, Side Entrance, Full, Interior Access
  • Laundry Type: Upper Floor
  • Total Sq Ft: 4783
  • Living Area Sq Ft: 4783
  • Price Per Sq Ft: 415.18
  • Above Grade Finished Sq Ft: 3083
  • Below Grade Finished Sq Ft: 1700
  • Total Below Grade Sq Ft: 1700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • 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
  • Exterior Features: Play Area
  • Spa: No
  • View: Trees/Woods
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • 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
  • Association Recreation Fee: No

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
  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15460.00
  • Outdoor Living Structures: Patio(s), Screened, Porch(es)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 11395.00
  • Assessor Parcel Number: 161002391101
  • Tax Lot: 39
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Nov 14, 2019
Sold by
Rafferty James G and The James G Rafferty Family Tr
Bought by
Strong Thomas G and Steeves Andrea E
Seller's Agent
Lisa Stransky
Washington Fine Properties, LLC
Buyer's Agent
Anne Killeen
Washington Fine Properties, LLC
List Price
$1,280,000
Sold Price
$1,260,000
Premium/Discount to List
-$20,000
-1.56%
Current Estimated Value
$1,711,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,588
Avg. Annual Appreciation
5.09%
Original Mortgage
$1,008,000
Outstanding Balance
$889,412
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$822,176

Purchase Details

Closed on
Jul 23, 2012
Sold by
Rafferty James Gerard and Friedman Rhonda Beth
Bought by
Rafferty James G and James G Rafferty Family Trust

Purchase Details

Closed on
Mar 22, 1989
Bought by
Rafferty James G
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
Strong Thomas G $1,260,000 Paragon Title & Escrow Co
Rafferty James G -- None Available
Rafferty James G $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Thomas G $1,008,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $1,260,000 -1.6% $263 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $1,280,000 -- $268 / 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 $12,812 $1,123,700 $504,800 $618,900
2024 $12,812 $1,074,100 $0 $0
2023 $11,532 $1,024,500 $0 $0
2022 $10,474 $974,900 $504,800 $470,100
2021 $10,415 $974,900 $504,800 $470,100
2020 $10,394 $974,900 $504,800 $470,100
2019 $10,703 $1,004,600 $504,800 $499,800
2018 $10,523 $987,233 $0 $0
2017 $10,564 $969,867 $0 $0
2016 -- $952,500 $0 $0
2015 $8,835 $922,667 $0 $0
2014 $8,835 $892,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC673450

Bright MLS

APN: 10-02391101