NOT LISTED FOR SALE

8021 River Falls Dr Potomac, MD 20854

Estimated Value: $1,751,000 - $2,005,000

5 Beds
4.5 Baths
3,656 Sq Ft
$502/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $1,350,000 $369 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,528/month

24 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Deck
  • Carderock Springs Elementary School Rated A
  • Colonial Architecture
  • Traditional Floor Plan

About This Home

As of July 2017

The ultimate River Falls property featuring 5BR/4BA/1HB, renovated Kit and BAs, center hall entry, spacious Fam Rm, deck with pergola overlooking gorgeous pool, finished LL with new laundry room, plenty of storage, 2-car garage opening to mud room adjacent to Kitchen, Breakfast Room, large Dining Rm, 4 wood-burning fireplaces and ideal location with neighborhood, just a short walk from the club!

Last Agent to Sell the Property

Corey Burr

TTR Sotheby's International Realty License #35846 Listed on: 03/22/2017

TTR Sotheby's International Realty

Last Buyer's Agent

Debbie Richter

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,317

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Built-In Features
  • 4 Fireplaces
  • Fireplace Mantel
  • Window Treatments
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • <<builtInOvenToken>>
  • Electric Oven or Range
  • Cooktop<<rangeHoodToken>>
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Basement Entry

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 60 Gallon+ Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 161001799625

Community Details

Overview

  • Property has a Home Owners Association
  • River Falls Subdivision, Windsor Floorplan

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Pool Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,317

Year Built

Built in 1983

Lot Details

0

Parking

2

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
  • Year Built: 1983
  • Remarks Public: The ultimate River Falls property featuring 5BR/4BA/1HB, renovated Kit and BAs, center hall entry, spacious Fam Rm, deck with pergola overlooking gorgeous pool, finished LL with new laundry room, plenty of storage, 2-car garage opening to mud room adjacent to Kitchen, Breakfast Room, large Dining Rm, 4 wood-burning fireplaces and ideal location with neighborhood, just a short walk from the club!
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Icemaker, Oven - Wall, Oven/Range - Electric, Refrigerator, Washer - Front Loading, Water Heater, Cooktop
  • Interior Amenities: Breakfast Area, Dining Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Connecting Stairway, Fully Finished, Full
  • Living Area Units: Square Feet
  • Street Number Modifier: 8021

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Pool Private: Yes
  • Roof: Shake
  • View: Garden/Lawn, Trees/Woods
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal, Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric, 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Basketball Courts, Pool - Outdoor, Pool Mem Avail, Tennis Courts, Tot Lots/Playground
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CARDEROCK SPRINGS
  • Middle School: THOMAS W. PYLE
  • High School: WALT WHITMAN
  • School District Key: 121138126809
  • Elementary School: CARDEROCK SPRINGS
  • High School: WALT WHITMAN
  • Middle Or Junior School: THOMAS W. PYLE

Lot Info

  • Improvement Assessed Value: 599000.00
  • Land Assessed Value: 502700.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15000.00
  • Outdoor Living Structures: Deck(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2017

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13987574
  • Tax Annual Amount: 12316.95
  • Assessor Parcel Number: 161001799625
  • Tax Lot: 25
  • Tax Total Finished Sq Ft: 3656
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/10/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2017
Sold by
Chang Michele S and W0ng Scott B
Bought by
Chang Michele and Wong Scott
Current Estimated Value
$1,833,871

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jul 5, 2017
Sold by
Wallace Joseph D and Wallace Leslie A
Bought by
Chang Michele S and Wong Scott B
Seller's Agent
Corey Burr
TTR Sotheby's International Realty
Buyer's Agent
Debbie Richter
Fathom Realty
List Price
$1,375,000
Sold Price
$1,350,000
Premium/Discount to List
-$25,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$100,000
Outstanding Balance
$84,060
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,728,098

Purchase Details

Closed on
Jul 15, 2008
Sold by
Gasper Gary J
Bought by
Wallace Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2008
Sold by
Gasper Gary J
Bought by
Wallace Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1997
Sold by
G Jeffrey C and G Hedges M
Bought by
L Gary J and L Gasper C
Source: Public Records

Range of Values:

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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
Chang Michele -- None Available
Chang Michele S $1,350,000 Kvs Title Llc
Wallace Joseph D $1,400,000 --
Wallace Joseph D $1,400,000 --
L Gary J $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Michele S $100,000
Previous Owner Wallace Joseph D $999,999
Previous Owner Wallace Joseph D $1,000,000
Previous Owner Wallace Joseph D $1,000,000
Previous Owner Wallace Joseph D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2017 07/10/17 Sold $1,350,000 -1.8% $369 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $1,375,000 -- $376 / 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
2024 $16,439 $1,377,300 $0 $0
2023 $15,399 $1,349,200 $0 $0
2022 $14,414 $1,321,100 $502,700 $818,400
2021 $12,707 $1,247,967 $0 $0
2020 $12,707 $1,174,833 $0 $0
2019 $11,878 $1,101,700 $502,700 $599,000
2018 $11,652 $1,079,967 $0 $0
2017 $11,626 $1,058,233 $0 $0
2016 $10,104 $1,036,500 $0 $0
2015 $10,104 $1,001,667 $0 $0
2014 $10,104 $966,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002487115

Bright MLS

APN: 10-01799625