NOT LISTED FOR SALE

8615 Falls Rd Potomac, MD 20854

Estimated Value: $3,001,000 - $3,712,000

5 Beds
9 Baths
11,179 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $2,438,000 $218 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $19,433/month

Highlights

  • Private Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Morton Elementary School Rated A-
  • 0.92 Acre Lot
  • Colonial Architecture

About This Home

As of July 2014

Pool, sport court. Custom home with first floor master suite, recreation room with theatre area, wet bar and exercise room.

Last Agent to Rent the Property

Weidong Hao

(240) 780-8606 weldonbmi@gmail.com Evergreen Properties Listed on: 06/29/2014

Evergreen Properties

Last Renter's Agent

Coley Reed

(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.92 Acre Lot
  • Property is zoned R200

Parking

  • 4 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • 3 Fireplaces

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Basement Windows

Pool

  • Private Pool

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $18,000
  • Tenant pays for all utilities, common area maintenance, insurance, lawn/tree/shrub care, light bulbs/filters/fuses/alarm care, trash removal
  • No Smoking Allowed
  • 24-Month Minimum Lease Term
  • Available 8/16/14
  • $40 Application Fee
  • Assessor Parcel Number 161000867267

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

4

Rental Info

  • Date Available: 2014-08-16
  • Application Fee: 40.00
  • Lease Term: 24 Months
  • Pets Allowed: No
  • Security Deposit: 18000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Common Area Maintenance, Insurance, Lawn/Tree/Shrub Care, Light Bulbs/Filters/Fuses/Alarm Care, Trash Removal
  • Vacation Rental: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Humidifier
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Entry Level Bedroom, Floor Plan - Open
  • Fireplaces Count: 3
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Fully Finished, Windows, Walkout Level, Full
  • Living Area Units: Square Feet
  • Total Sq Ft: 11179
  • Living Area Sq Ft: 11179
  • Price Per Sq Ft: 1.19
  • Above Grade Finished Sq Ft: 7579
  • Below Grade Finished Sq Ft: 3600
  • Total Below Grade Sq Ft: 3600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 1
  • Total Bathrooms: 9
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 4.00
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Hardiplank Type, Stone
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 4.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Humidifier
  • 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

Lot Info

  • Lot Size Acres: 0.92
  • Lot Size Area: 40000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 40000.00
  • Zoning: R200

Tax Info

  • Assessor Parcel Number: 13981013
  • Assessor Parcel Number: 161000867267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2014
Closed on
Jun 12, 2014
Sold by
Demeria Daniel A and Demeria Erin M
Bought by
Ma Xianhua and Wang Xinru
Seller's Agent
Weidong Hao
Evergreen Properties
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Sold Price
$8,800
Current Estimated Value
$3,270,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,261,440
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Potomac Heritage At Macarthur
Bought by
Demeria Daniel A

Purchase Details

Closed on
Feb 24, 2004
Sold by
Srour Farid
Bought by
Potomac Heritage At Macarthur and Falls Llc

Purchase Details

Closed on
Jan 6, 2004
Sold by
Potomac Heritage At Macarthur
Bought by
Demeria Daniel A
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
Ma Xianhua $2,438,000 Old Republic National Title
Demeria Daniel A -- --
Potomac Heritage At Macarthur $650,000 --
Demeria Daniel A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2014 07/26/14 Rented $8,800 -2.2% --
07/25/2014 07/25/14 Under Contract -- -- --
06/29/2014 06/29/14 For Rent $9,000 0.0% --
06/12/2014 06/12/14 Sold $2,438,000 -6.1% $218 / Sq Ft View Prior Sale
04/30/2014 04/30/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $2,595,000 -- $232 / 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 $27,989 $2,374,700 $555,200 $1,819,500
2024 $27,989 $2,311,400 $0 $0
2023 $0 $2,248,100 $0 $0
2022 $25,416 $2,184,800 $555,200 $1,629,600
2021 $23,540 $2,104,633 $0 $0
2020 $23,540 $2,024,467 $0 $0
2019 $22,626 $1,944,300 $555,200 $1,389,100
2018 $22,657 $1,944,300 $555,200 $1,389,100
2017 $30,425 $1,944,300 $0 $0
2016 -- $2,575,800 $0 $0
2015 $26,136 $2,512,200 $0 $0
2014 $26,136 $2,448,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003082724

Bright MLS

APN: 10-00867267