8618 Falls Rd Potomac, MD 20854
Estimated Value: $1,060,000 - $1,302,000
5
Beds
4
Baths
2,962
Sq Ft
$406/Sq Ft
Est. Value
About This Home
This home is located at 8618 Falls Rd, Potomac, MD 20854 and is currently estimated at $1,202,182, approximately $405 per square foot. 8618 Falls Rd is a home located in Montgomery County with nearby schools including Potomac Elementary School, Herbert Hoover Middle School, and Winston Churchill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 1, 2020
Sold by
Hung Hsueh Tien and Hung Pi Yun
Bought by
Kloster Christina and Kloster Andrew R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,300
Outstanding Balance
$548,467
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$653,715
Purchase Details
Closed on
Sep 6, 2002
Sold by
Bang In J and Bang H O
Bought by
Hung Hsueh T and Pi Yun W
Purchase Details
Closed on
May 8, 2000
Sold by
Mcgrane Franklin J and Mcgrane O C
Bought by
Bang In J and Bang H O
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 |
|---|---|---|---|
| Kloster Christina | $776,000 | None Available | |
| Hung Hsueh T | $550,000 | -- | |
| Bang In J | $395,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kloster Christina | $620,300 |
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 | $11,701 | $917,300 | $511,900 | $405,400 |
| 2024 | $11,701 | $837,967 | $0 | $0 |
| 2023 | $9,923 | $758,633 | $0 | $0 |
| 2022 | $8,784 | $679,300 | $511,900 | $167,400 |
| 2021 | $8,716 | $679,300 | $511,900 | $167,400 |
| 2020 | $8,681 | $679,300 | $511,900 | $167,400 |
| 2019 | $8,737 | $686,400 | $511,900 | $174,500 |
| 2018 | $8,742 | $686,400 | $511,900 | $174,500 |
| 2017 | $9,342 | $686,400 | $0 | $0 |
| 2016 | -- | $690,200 | $0 | $0 |
| 2015 | $8,306 | $681,367 | $0 | $0 |
| 2014 | $8,306 | $672,533 | $0 | $0 |
Source: Public Records
Map
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