Seller's Agent in 2023
Anne-Marie Finnell
TTR Sotheby's International Realty
(202) 329-7117
4 in this area
113 Total Sales
7409 Masters Dr Potomac, MD 20854
Estimated Value: $1,722,000 - $1,823,000
6
Beds
3.5
Baths
5,305
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Colonial Architecture
- Wood Flooring
- Carderock Springs Elementary School Rated A
- Backs to Trees or Woods
- Main Floor Bedroom
About This Home
As of January 2023PRICE REDUCED! Welcome to 7409 Masters Drive, a stunningly renovated and expanded colonial home in the heart of Potomac's favorite neighborhood, River Falls. This light-filled 6BR/3.5BA "Concord" model home has an exceptional floor plan with the most thoughtfully designed spaces inside and out. Perfect for entertaining at any scale, the main level's gracious, double-door entry sets the stage for what's to come, including a fabulous gourmet kitchen with both island and peninsula seating, an oversized dining room with fireplace, a separate formal living room, two family rooms, and a first-floor bedroom! The main level two-car garage also provides access through an expansive mudroom with laundry adjacent to a powder room.
Upstairs are five generous bedrooms, including a primary suite with an ensuite bath with soaking tub and separate shower, four closets (two walk-in) and a bonus dressing area/vanity with an additional sink. Walk-up access to the 1,000sqft attic is also located in the primary suite. One of the additional four bedrooms on this level also has an ensuite bath with shower, and there is a spacious hall bath with dual vanity and tub.
The lower level is a recreational paradise with high ceilings and plenty of space to play in the main rec room. In addition, there is a top quality and spacious gym, and a wine cellar.
This special home sits on over a third of an acre that features a beautifully landscaped/hardscaped rear yard with a covered terrace seating area just outside the family room and a built in firepit. 7409 Masters is one of the first homes constructed in River Falls in 1968 and is part of a wonderful community known throughout the area for its fantastic neighborhood amenities (pool, tennis, summer camp, and more) and its stellar community spirit. Welcome home!
Last Agent to Sell the Property
(202) 329-7117 afinnell@ttrsir.com TTR Sotheby's International Realty Listed on: 10/05/2022
Last Buyer's Agent
(301) 775-0900 aisaacson@ttrsir.com TTR Sotheby's International Realty License #SP98369851
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,549
Year Built
- Built in 1968 | Remodeled in 2011
Lot Details
- 0.36 Acre Lot
- Landscaped
- Backs to Trees or Woods
- Property is in excellent condition
- Property is zoned R200
Parking
- 2 Car Direct Access Garage
- Front Facing Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 4 Levels
- Built-In Features
- Bar
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Window Treatments
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Garden Views
- Finished Basement
- Interior Basement Entry
- Laundry on main level
- Attic
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Kitchen Island
- Upgraded Countertops
- Wine Rack
Bedrooms and Bathrooms
- Walk-In Closet
- Soaking Tub
- Walk-in Shower
Outdoor Features
- Patio
- Porch
Location
- Suburban Location
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 21
- Assessor Parcel Number 161000894272
Community Details
Overview
- No Home Owners Association
- River Falls Subdivision, Concord Floorplan
Amenities
- Community Center
- Party Room
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2022
Closed on
Jan 19, 2023
Sold by
Armstrong Creighton J
Bought by
Golden Robert D
Seller's Agent
Anne-Marie Finnell
TTR Sotheby's International Realty
Buyer's Agent
Adam Isaacson
TTR Sotheby's International Realty
List Price
$1,725,000
Sold Price
$1,610,000
Premium/Discount to List
-$115,000
-6.67%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,314
Avg. Annual Appreciation
3.34%
Original Mortgage
$1,288,000
Outstanding Balance
$1,246,171
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$530,143
Purchase Details
Closed on
Nov 24, 2003
Sold by
Fawcett Margaret P
Bought by
Armstrong Creighton J and Armstrong Christine H
Purchase Details
Closed on
Mar 4, 1999
Sold by
Joseph M Turner Et Al Tr
Bought by
Fawcett Margaret P
Purchase Details
Closed on
Nov 12, 1997
Sold by
L Joseph M and L Turner E
Bought by
Joseph M Turner Et Al Tr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Golden Robert D | $1,610,000 | -- | |
| Armstrong Creighton J | $890,000 | -- | |
| Armstrong Creighton J | $890,000 | -- | |
| Fawcett Margaret P | $550,000 | -- | |
| Joseph M Turner Et Al Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Golden Robert D | $1,288,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2023 01/19/23 | Sold | $1,610,000 | -3.9% | $303 / Sq Ft |
| 11/17/2022 11/17/22 | Pending | -- | -- | -- |
| 11/06/2022 11/06/22 | Price Changed | $1,675,000 | -2.9% | $316 / Sq Ft |
| 10/05/2022 10/05/22 | For Sale | $1,725,000 | -- | $325 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $14,696 | $1,254,900 | $506,500 | $748,400 |
| 2024 | $14,696 | $1,231,767 | $0 | $0 |
| 2023 | $13,716 | $1,208,633 | $0 | $0 |
| 2022 | $12,857 | $1,185,500 | $506,500 | $679,000 |
| 2021 | $11,419 | $1,124,233 | $0 | $0 |
| 2020 | $11,419 | $1,062,967 | $0 | $0 |
| 2019 | $10,723 | $1,001,700 | $506,500 | $495,200 |
| 2018 | $10,533 | $983,400 | $0 | $0 |
| 2017 | $10,526 | $965,100 | $0 | $0 |
| 2016 | -- | $946,800 | $0 | $0 |
| 2015 | $8,691 | $914,400 | $0 | $0 |
| 2014 | $8,691 | $882,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anne-Marie Finnell
-
Adam Isaacson
Buyer's Agent in 2023
Adam Isaacson
TTR Sotheby's International Realty
(301) 775-0900
11 in this area
127 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2071708
APN: 10-00894272
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