NOT LISTED FOR SALE

7501 River Falls Dr Potomac, MD 20854

Estimated Value: $1,584,000 - $1,800,000

5 Beds
5 Baths
4,287 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $1,030,000 $240 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $10,039/month

18 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Wood Flooring
  • Carderock Springs Elementary School Rated A
  • Traditional Floor Plan
  • Attic

About This Home

As of October 2019

FIRST TIME ON MARKET! AMAZING OPPORTUNITY to live in River Falls. Built in 1985, this freshly painted Bradford Model features 5 Bedrooms, 3 full and 2 half baths and sits on a .41 acre lot backing to woods. Newly buffed & cleaned Hardwoods throughout main and upper level. Main level features gracious foyer, home office, oversized Family Room with wood burning fireplace, Breakfast area, Kitchen, Formal Dining Room, Formal Living Room with wood burning fireplace, Powder Room and Screened Porch. Upper Level offers 4 bedrooms, three full baths and a flex-space room (18'*10" - dressing area, very large master closet, nursery, second home office or gym - you decide!). Newly carpeted Walk-out Lower level features large recreation room with fireplace, large bedroom/nanny or in-law suite or potential home business with separate entrance, half bath, laundry and large unfinished storage. This is an estate sale and sold AS IS. The 50 Yr Roof, gutters and siding were replaced in April 2017. One new Lennox Heat Pump installed in Nov 2017. River Falls offers a fantastic Swim & Tennis Club with available memberships. Schools are Carderock ES, Pyle MS and Whitman HS.

Last Agent to Sell the Property

Wendy Banner

(301) 298-1001 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 08/17/2019

Compass

Co-Listed By

Jody Aucamp

(301) 298-1001 jody@bannerteam.com Compass License #651088

Last Buyer's Agent

Matthew Modesitt

(301) 434-4065 ngreen@hsmove.com HomeSmart

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,126

Year Built

  • Built in 1985

Lot Details

  • 0.41 Acre Lot
  • Property is zoned R200

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Mantel
  • Great Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Views of Woods
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • En-Suite Bathroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat

Community Details

  • No Home Owners Association
  • River Falls Subdivision

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 161002391271

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,126

Year Built

Built in 1985

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: 1985
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Attic, Breakfast Area, Built-Ins, Carpet, Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Primary Bath(s), Pantry, Recessed Lighting, Wainscotting, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Mantel(s), Wood
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Study, Great Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Heated, Interior Access, Outside Entrance, Rear Entrance, Walkout Level, Windows, Daylight, Full, Connecting Stairway
  • Total Sq Ft: 5226
  • Living Area Sq Ft: 4287
  • Price Per Sq Ft: 309.86
  • Above Grade Finished Sq Ft: 3450
  • Below Grade Finished Sq Ft: 837
  • Below Grade Sq Ft: 939
  • Total Below Grade Sq Ft: 1776
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights
  • Roof: Architectural Shingle
  • 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, Garage Door Opener
  • 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, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s), Programmable Thermostat, Zoned
  • Heating: Yes
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 609300.00
  • Land Assessed Value: 492800.00
  • Lot Size Acres: 0.41
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 17814.00
  • Outdoor Living Structures: Porch(es), Screened
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13990393
  • Tax Annual Amount: 13126.00
  • Assessor Parcel Number: 161002391271
  • Tax Lot: 100
  • 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 17, 2019
Closed on
Oct 11, 2019
Sold by
Timmins Arthur M and Estate Of Annalee A Brookes
Bought by
Rasheed Zeshaan and Rasheed Farheena
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Matthew Modesitt
HomeSmart
List Price
$1,069,000
Sold Price
$1,030,000
Premium/Discount to List
-$39,000
-3.65%
Current Estimated Value
$1,688,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,636
Avg. Annual Appreciation
8.08%
Original Mortgage
$926,897
Outstanding Balance
$811,890
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$876,746
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
Rasheed Zeshaan $1,030,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasheed Zeshaan $926,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $1,030,000 -3.6% $240 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $1,069,000 -- $249 / Sq Ft
Source: Bright MLS

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 $15,240 $1,365,900 $515,800 $850,100
2024 $15,240 $1,285,000 $0 $0
2023 $13,601 $1,204,100 $0 $0
2022 $12,110 $1,123,200 $515,800 $607,400
2021 $12,050 $1,123,200 $515,800 $607,400
2020 $12,030 $1,123,200 $515,800 $607,400
2019 $13,126 $1,161,600 $515,800 $645,800
2018 $12,613 $1,141,767 $0 $0
2017 $12,976 $1,121,933 $0 $0
2016 -- $1,102,100 $0 $0
2015 $10,481 $1,052,100 $0 $0
2014 $10,481 $1,002,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC674314

Bright MLS

APN: 10-02391271

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