Seller's Agent in 2020
Wendy Banner
Compass
(301) 365-9090
94 in this area
487 Total Sales
7713 Masters Dr Potomac, MD 20854
Estimated Value: $1,560,152 - $1,822,000
5
Beds
4.5
Baths
4,205
Sq Ft
$406/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Colonial Architecture
- Recreation Room
- Carderock Springs Elementary School Rated A
- Deck
- Traditional Floor Plan
About This Home
As of May 2020River Falls Colonial offers a large flat lot and is conveniently located near River Falls Swim & Tennis Club. Brand-new 30 year architectural shingle roof and brand new shutters installed in November. Home features sunroom addition, screened porch and Ipe deck which are great for entertaining. Main level also offers formal living room with wood burning fireplace and custom built-ins, study, large family room with built-ins and wood burning fireplace, large laundry room and kitchen with center island, gas cooktop and GE Monogram refrigerator. Owners Suite has two walk in closets and ensuite bathroom. Four additional bedrooms and two full bathrooms round out the second floor. The fully finished lower level has recreation, gym & study hall area plus wine cellar, full bath with jacuzzi tub, storage room and a bonus room (w/staircase access to garage). Private, landscaped yard is fully fenced and has in-ground sprinkler system. River Falls is close to C&O National Park, Clara Barton Parkway, I-495 and I-270. Community offers swim & tennis club, playground, baseball field, soccer/lacrosse field, basketball courts, summer kid's camp, tennis teams, swim team, dive team and so much more!
Last Agent to Sell the Property
(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224 Listed on: 01/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,953
Year Built
- Built in 1972
Lot Details
- 0.37 Acre Lot
- Wood Fence
- Extensive Hardscape
- Sprinkler System
- 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
- Chair Railings
- Crown Molding
- Skylights
- Recessed Lighting
- 3 Fireplaces
- Wood Burning Fireplace
- Family Room
- Living Room
- Formal Dining Room
- Den
- Recreation Room
- Bonus Room
- Sun or Florida Room
- Screened Porch
- Storage Room
- Views of Woods
- Attic
Kitchen
- Kitchenette
- Built-In Oven
- Gas Oven or Range
- Built-In Microwave
- Extra Refrigerator or Freezer
- Dishwasher
- Kitchen Island
- Wine Rack
- Disposal
Flooring
- Wood
- Carpet
- Slate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- Soaking Tub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Front Loading Dryer
- Front Loading Washer
- Laundry Chute
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Garage Access
- Basement with some natural light
Home Security
- Intercom
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Exterior Lighting
Schools
- Carderock Springs Elementary School
- Thomas W. Pyle Middle School
- Walt Whitman High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Programmable Thermostat
- Multi-Tank Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 21
- Assessor Parcel Number 161000893778
Community Details
Overview
- No Home Owners Association
- River Falls Subdivision
Recreation
- Lap or Exercise Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2020
Closed on
May 13, 2020
Sold by
Bachman Gary D and Bachman Catherine A
Bought by
Urgo Daniel T and Borger Geraldine L
Seller's Agent
Wendy Banner
Compass
Buyer's Agent
Maureen Weaver
Compass
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
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
$457,538
Avg. Annual Appreciation
5.68%
Original Mortgage
$875,000
Outstanding Balance
$612,042
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,095,496
Purchase Details
Closed on
Jun 14, 1988
Bought by
Bachman Gary D and C A
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 |
|---|---|---|---|
| Urgo Daniel T | $1,250,000 | None Available | |
| Bachman Gary D | $505,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Urgo Daniel T | $875,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2020 05/13/20 | Sold | $1,250,000 | -7.4% | $297 / Sq Ft |
| 03/14/2020 03/14/20 | Pending | -- | -- | -- |
| 01/30/2020 01/30/20 | For Sale | $1,350,000 | -- | $321 / 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 | $14,918 | $1,318,300 | $508,600 | $809,700 |
| 2024 | $14,918 | $1,245,167 | $0 | $0 |
| 2023 | $14,049 | $1,172,033 | $0 | $0 |
| 2022 | $12,654 | $1,098,900 | $508,600 | $590,300 |
| 2021 | $12,587 | $1,098,900 | $508,600 | $590,300 |
| 2020 | $12,561 | $1,098,900 | $508,600 | $590,300 |
| 2019 | $12,262 | $1,136,500 | $508,600 | $627,900 |
| 2018 | $12,045 | $1,115,533 | $0 | $0 |
| 2017 | $12,052 | $1,094,567 | $0 | $0 |
| 2016 | -- | $1,073,600 | $0 | $0 |
| 2015 | $9,623 | $1,027,933 | $0 | $0 |
| 2014 | $9,623 | $982,267 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Wendy Banner
-
Jody Aucamp
Seller Co-Listing Agent in 2020
Jody Aucamp
Compass
(240) 778-8227
14 in this area
41 Total Sales
-
Maureen Weaver
Buyer's Agent in 2020
Maureen Weaver
Compass
(301) 357-0272
6 in this area
85 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC692766
APN: 10-00893778
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