NOT LISTED FOR SALE

7401 River Falls Dr Potomac, MD 20854

Estimated Value: $1,692,304 - $2,031,000

6 Beds
4.5 Baths
4,408 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,480,600 $336 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,048/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Carderock Springs Elementary School Rated A
  • 3 Fireplaces
  • Community Pool

About This Home

As of June 2021

Welcome to 7401 River Falls Drive, a stunning colonial home located in the heart of the River Falls neighborhood! This generously sized home offers six bedrooms and four and a half bathrooms on three fully finished floors. This open floor plan is an ideal layout for both family living and entertaining! The main level features beautifully maintained hardwood floors and an abundance of natural light. The living room includes a wood-burning fireplace and perfectly captures the picturesque sunset views with the western exposure. Enjoy entertaining with the built-in sound system and a dining room open to the kitchen and living room. The modern kitchen highlights custom tile backsplash, granite countertops and modern appliances including the wifi-enabled smart refrigerator. The kitchen offers a gracious amount of cabinet space, providing plenty of room for storage. In the early morning hours, you can take in the sunrise as it beams through the bay windows. The open family room is the perfect living space with built-in shelves, an exposed brick wood-burning fireplace and deck access. The hardwood floors continue to the upper level where five bedrooms and three full bathrooms can be found. The spacious primary suite is adjacent to the beautifully designed primary bathroom complete with marble flooring and countertop, as well as a porcelain tile walk-in shower. Four additional spacious bedrooms occupy the upper level that include comfortable closet space in each room. The luxury continues to the lower level which is over 1,700 square feet of finished space! The living area features a stone wood-burning fireplace with an unheard amount of natural lighting for a lower level. The additional room features two built-in desks and cabinet space making this the ideal setup for working-from-home or virtual learning. This level has a walkout to the backyard and also includes a bedroom and full bathroom. The beautifully landscaped backyard is perfect for family living. Enjoy the benefits of having both a two-tiered deck and a fenced yard. The attached two-car garage is not to be missed, as well as the extended driveway for additional parking. The front yard is perfectly highlighted by the natural flower beds and Cherry Blossom trees. Overlooking Rock Run Creek, take in the wooded views and harmonic sounds the natural setting has to offer. River Falls is an incredibly special community featuring a neighborhood clubhouse, swimming pool, tennis courts, playgrounds and fields, making it an extremely sought-after place to live! Enjoy everything this community has to offer, while also being in close proximity to Clara Barton Parkway and I-495, making commuting very convenient. The endless trails and parkland surrounding this neighborhood can be enjoyed all year round. With so much to offer, do not miss the opportunity to make this your home!

Last Agent to Sell the Property

Lisa Stransky

(202) 368-6060 lisa.stransky@wfp.com Washington Fine Properties, LLC License #533211 Listed on: 05/13/2021

Washington Fine Properties, LLC

Last Buyer's Agent

Carol Ramirez

(301) 938-8364 carol.ramirez@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty License #664126

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,727

Year Built

  • Built in 1986

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

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 94
  • Assessor Parcel Number 161002391214

Community Details

Overview

  • No Home Owners Association
  • River Falls Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,727

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-05-13
  • Year Built: 1986
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Fireplaces Count: 3
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Walkout Level
  • Total Sq Ft: 4892
  • Living Area Sq Ft: 4408
  • Price Per Sq Ft: 444.02
  • Above Grade Finished Sq Ft: 3108
  • Below Grade Finished Sq Ft: 1300
  • Below Grade Sq Ft: 484
  • Total Below Grade Sq Ft: 1784
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • 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 - Side Entry, Covered Parking
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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
  • 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 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

  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15206.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12727.00
  • Assessor Parcel Number: 161002391214
  • Tax Lot: 94
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 17, 2021
Sold by
Devarkonda Naga Chandra and Devarkonda Krishna
Bought by
Day Christopher J and Vongsathorn Linden A
Seller's Agent
Lisa Stransky
Washington Fine Properties, LLC
Buyer's Agent
Carol Ramirez
Berkshire Hathaway HomeServices PenFed Realty
List Price
$1,380,000
Sold Price
$1,480,600
Premium/Discount to List
$100,600
7.29%
Current Estimated Value
$1,826,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,226
Avg. Annual Appreciation
4.69%
Original Mortgage
$1,148,000
Outstanding Balance
$1,039,371
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$787,455

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 14, 2016
Sold by
Crist Shelley C
Bought by
Devarkonda Naga Chandra and Devarkonda Krishna
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Jody Aucamp
Compass
List Price
$1,250,000
Sold Price
$1,225,001
Premium/Discount to List
-$24,999
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$825,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2013
Sold by
Crist Jason Andrew and Crist Shelley C
Bought by
Crist Shelley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Gosnell William G
Bought by
Crist Jason A and Crist Shelley C

Purchase Details

Closed on
Jun 17, 1999
Sold by
Buckingham J Daniel and Buckingham M C
Bought by
Gosnell William G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Day Christopher J $1,480,600 Capitol Title Group
Devarkonda Naga Chandra $1,225,001 First American Title Ins Co
Crist Shelley C -- None Available
Crist Jason A $925,000 --
Gosnell William G $607,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Christopher J $1,148,000
Previous Owner Devarkonda Naga Chandra $825,000
Previous Owner Crist Shelley C $979,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $1,480,600 +7.3% $336 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $1,380,000 +12.7% $313 / Sq Ft
07/15/2016 07/15/16 Sold $1,225,001 -2.0% $277 / Sq Ft View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $1,250,000 -- $282 / 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 $17,951 $1,698,600 $503,600 $1,195,000
2024 $17,951 $1,520,467 $0 $0
2023 $14,483 $1,342,333 $0 $0
2022 $12,563 $1,164,200 $503,600 $660,600
2021 $12,359 $1,151,267 $0 $0
2020 $12,197 $1,138,333 $0 $0
2019 $12,035 $1,125,400 $503,600 $621,800
2018 $11,230 $1,051,233 $0 $0
2017 $9,993 $977,067 $0 $0
2016 $9,056 $902,900 $0 $0
2015 $9,056 $896,467 $0 $0
2014 $9,056 $890,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC758210

Bright MLS

APN: 10-02391214