NOT LISTED FOR SALE

7704 Masters Dr Potomac, MD 20854

Estimated Value: $1,550,000 - $1,809,000

5 Beds
3.5 Baths
3,472 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $1,100,000 $317 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,777/month

84 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Carderock Springs Elementary School Rated A
  • Colonial Architecture
  • Attic

About This Home

As of December 2018

Wonderfully appointed River Falls 5 BR Colonial with updated kitchen and baths, HWFs on main and 2nd flrs. Gourmet eat-in kitchen opens to Family Room w/ fireplace and wet bar. Screened porch overlooking flat backyard. Laundry & mudroom connected to 2-car garage. New carpet in basement.Short distance to pool, tennis and tot-lot. Easy to DC, Tysons and Bethesda. Whitman cluster!

Last Agent to Sell the Property

Ted Duncan

(301) 785-7966 ted@lnf.com Long & Foster Real Estate, Inc. Listed on: 08/29/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Eric Stewart

(301) 252-1697 aoc@ericstewartgroup.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,309

Year Built

  • Built in 1971

Lot Details

  • 0.35 Acre Lot
  • Property is in very good condition
  • Property is zoned R200

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Wainscoting
  • 2 Fireplaces
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Wood Flooring
  • Partially Finished Basement
  • Connecting Stairway
  • Attic

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by GOSNELL
  • River Falls Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 161000893621

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,309

Year Built

Built in 1971

Lot Details

0

Parking

3

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: 1971
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Attic, Kitchen - Gourmet, Breakfast Area, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Upgraded Countertops, Crown Moldings, Wainscotting, Wood Floors, Floor Plan - Open
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Foyer, Study, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3872
  • Living Area Sq Ft: 3472
  • Price Per Sq Ft: 395.43
  • Above Grade Finished Sq Ft: 3022
  • Below Grade Finished Sq Ft: 450
  • Below Grade Sq Ft: 400
  • Total Below Grade Sq Ft: 850
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 3.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Circular Driveway
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Off Street, Driveway

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 474500.00
  • Land Assessed Value: 503300.00
  • Lot Size Acres: 0.35
  • Lot Size Area: 15148
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15148.00
  • Property Condition: Very Good
  • Zoning: R200
  • In City Limits: No

Building Info

  • Builder Name: GOSNELL

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13983525
  • Tax Annual Amount: 11308.63
  • Assessor Parcel Number: 161000893621
  • Tax Lot: 10
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Dec 21, 2018
Sold by
Schwarz Steven J and Schwarz April J
Bought by
Gupta Jennifer and Gupta Saurabh
Seller's Agent
Ted Duncan
Long & Foster Real Estate, Inc.
Buyer's Agent
Eric Stewart
Long & Foster Real Estate, Inc.
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Current Estimated Value
$1,632,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,727
Avg. Annual Appreciation
5.76%
Original Mortgage
$880,000
Outstanding Balance
$764,335
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$868,392

Purchase Details

Listed on
Mar 12, 2013
Closed on
Jul 8, 2013
Sold by
Adams John Douglas and Adams Amy Zhang
Bought by
Schwarz Steven J and Schwarz April J
Seller's Agent
Amy Adams
Five Star International Realty, LLC
Buyer's Agent
Mary Jo Joyce
Weichert, REALTORS
List Price
$1,198,000
Sold Price
$1,100,000
Premium/Discount to List
-$98,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$880,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Young Patricia A
Bought by
Adams John Douglas and Adams Amy Zhang

Purchase Details

Closed on
Jan 4, 2001
Sold by
Young Patricia A
Bought by
Young Patricia A Et Al Tr
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
Gupta Jennifer $1,100,000 Sage Title Group Llc
Schwarz Steven J $1,100,000 Hutton Patt Title & Escrow L
Adams John Douglas $915,000 --
Young Patricia A Et Al Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Jennifer $880,000
Closed Gupta Jennifer $109,890
Previous Owner Schwarz Steven J $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2018 12/21/18 Sold $1,100,000 -7.9% $317 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $1,195,000 -4.4% $344 / Sq Ft
08/29/2018 08/29/18 For Sale $1,250,000 +13.6% $360 / Sq Ft
07/08/2013 07/08/13 Sold $1,100,000 -4.3% $280 / Sq Ft View Prior Sale
04/30/2013 04/30/13 Pending -- -- --
04/09/2013 04/09/13 Price Changed $1,150,000 -4.0% $292 / Sq Ft
03/12/2013 03/12/13 For Sale $1,198,000 -- $305 / 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 $14,878 $1,355,600 $503,300 $852,300
2024 $14,878 $1,253,500 $0 $0
2023 $12,994 $1,151,400 $0 $0
2022 $11,295 $1,049,300 $503,300 $546,000
2021 $10,972 $1,025,467 $0 $0
2020 $10,688 $1,001,633 $0 $0
2019 $10,408 $977,800 $503,300 $474,500
2018 $10,419 $977,800 $503,300 $474,500
2017 $10,859 $977,800 $0 $0
2016 $9,560 $978,200 $0 $0
2015 $9,560 $962,367 $0 $0
2014 $9,560 $946,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002335012

Bright MLS

APN: 10-00893621