NOT LISTED FOR SALE

8601 Falls Rd Potomac, MD 20854

Estimated Value: $2,158,000 - $2,707,000

6 Beds
6.5 Baths
8,106 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $1,930,000 $238 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $15,343/month

1 Day on Market

Highlights

  • Eat-In Gourmet Kitchen
  • 1.55 Acre Lot
  • Curved or Spiral Staircase
  • Potomac Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of June 2022

Prominently poised behind a private gated entrance across the street from Great Falls Park this thoughtfully custom designed all brick home features a soaring 2-story foyer, a formal dining room, a dramatic 2-story great room w/ gas burning fireplace, a state of the art kitchen with top of the line stainless appliances open to a sun-filled breakfast room and adjoining family room with gas burning fireplace. A private primary suite boasts a sitting room with gas burning fireplace, coffee-wet bar, spa inspired luxury bathroom w/ 2 separate commodes and 2 walk in closets w/ custom closet enhancers. 4 bedroom suites w/ ensuite bathrooms and walk-in closets, a second floor family area and custom deck complete the second floor. The fully finished walk out lower level is an enterainer's paradise featuring an expansive recreation room with gas burning fireplace, a full bar w/ refrigerator, dishwasher, sink and beverage center, media room, 6th Bedroom, sauna, and full bathroom. Extensive hardscape with out door fireplace, circular driveway, fully fenced in grounds complement amazing property with easy access to shopping, restaurants, DC,
and major airports.

Last Agent to Sell the Property

Margie Halem

Compass Listed on: 05/28/2022

Compass

Last Buyer's Agent

Ehad Hancioglu

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,547

Year Built

  • Built in 2006

Lot Details

  • 1.55 Acre Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Extensive Hardscape
  • Corner Lot
  • Property is zoned R200

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Double Oven
  • Six Burner Stove
  • Cooktop
  • Built-In Microwave
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Interior and Rear Basement Entry
  • Basement with some natural light

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association
  • Fawcett Farms Subdivision, Soaring Ceiling Heights Floorplan

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 161000867358
  • $1,121 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,547

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary, Transitional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-05-28
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: Prominently poised behind a private gated entrance across the street from Great Falls Park this thoughtfully custom designed all brick home features a soaring 2-story foyer, a formal dining room, a dramatic 2-story great room w/ gas burning fireplace, a state of the art kitchen with top of the line stainless appliances open to a sun-filled breakfast room and adjoining family room with gas burning fireplace. A private primary suite boasts a sitting room with gas burning fireplace, coffee-wet bar, spa inspired luxury bathroom w/ 2 separate commodes and 2 walk in closets w/ custom closet enhancers. 4 bedroom suites w/ ensuite bathrooms and walk-in closets, a second floor family area and custom deck complete the second floor. The fully finished walk out lower level is an enterainer's paradise featuring an expansive recreation room with gas burning fireplace, a full bar w/ refrigerator, dishwasher, sink and beverage center, media room, 6th Bedroom, sauna, and full bathroom. Extensive hardscape with out door fireplace, circular driveway, fully fenced in grounds complement amazing property with easy access to shopping, restaurants, DC, and major airports.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Microwave, Oven - Double, Cooktop, Water Heater, Washer, Stainless Steel Appliances, Six Burner Stove, Refrigerator
  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Butlers Pantry, Ceiling Fan(s), Crown Moldings, Curved Staircase, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Pantry, Recessed Lighting, Soaking Tub, Stall Shower, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Window Treatments, Wood Floors, Wine Storage
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Cathedral Ceilings, High
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Walkout Level, Rear Entrance, Interior Access, Improved, Heated, Fully Finished, Daylight, Partial, Connecting Stairway, Combination
  • Total Sq Ft: 8906
  • Living Area Sq Ft: 8106
  • Price Per Sq Ft: 384.68
  • Above Grade Finished Sq Ft: 5706
  • Below Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8601

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Main Level Bathrooms: 7.00
  • Main Level Full Bathrooms: 6
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Bbq Grill, Extensive Hardscape, Sidewalks
  • Roof: Composite
  • 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, Paved Driveway, Private, Secure Parking
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
  • Attached Garage Spaces: 3
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Zoned, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Security Gate, Main Entrance Lock
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Natural Gas Available, Other, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 1174000.00
  • Land Assessed Value: 590600.00
  • Land Use Code: R
  • Lot Size Acres: 1.55
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 67493.00
  • Year Assessed: 2022
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13981021
  • Tax Annual Amount: 20547.00
  • Assessor Parcel Number: 161000867358
  • Tax Lot: 12
  • Tax Total Finished Sq Ft: 8106
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/28/2022

Multi Family

  • Front Foot Fee: 1120.68

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2004
Sold by
Freedman Robert L
Bought by
Freedman Robert L
Total Days on Market
1
Current Estimated Value
$2,391,736

Purchase Details

Closed on
Sep 1, 2004
Sold by
Srour Farid
Bought by
Freedman Robert L and Freedman Suzanne M

Purchase Details

Closed on
Jul 27, 2004
Sold by
Srour Farid
Bought by
Freedman Robert L and Freedman Suzanne M
Source: Public Records

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Range of Values:

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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
Freedman Robert L -- --
Freedman Robert L $650,000 --
Freedman Robert L $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swift Tatyana V $1,544,000
Closed Freedman Robert L $300,000
Closed Freedman Robert L $1,235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $1,930,000 -12.1% $238 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $2,195,000 0.0% $271 / Sq Ft
02/01/2018 02/01/18 Rented $8,950 0.0% --
01/04/2018 01/04/18 Under Contract -- -- --
10/19/2017 10/19/17 For Rent $8,950 -- --
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 $23,008 $1,838,667 $0 $0
2023 $22,550 $1,801,633 $0 $0
2022 $21,240 $1,764,600 $590,600 $1,174,000
2021 $19,855 $1,708,967 $0 $0
2020 $39,812 $1,653,333 $0 $0
2019 $19,265 $1,597,700 $590,600 $1,007,100
2018 $19,288 $1,597,700 $590,600 $1,007,100
2017 $24,346 $1,597,700 $0 $0
2016 $20,271 $2,036,800 $0 $0
2015 $20,271 $1,951,533 $0 $0
2014 $20,271 $1,866,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2051974

Bright MLS

APN: 10-00867358