NOT LISTED FOR SALE

8700 Falls Chapel Way Potomac, MD 20854

Estimated Value: $1,203,000 - $1,235,000

5 Beds
3.5 Baths
2,597 Sq Ft
$467/Sq Ft Est. Value

Last Sold January 29, 2014

Last sale price $825,000 $318 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,342/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Cold Spring Elementary School Rated A
  • Whirlpool Bathtub
  • 2-minute walk to Falls Road Local Park

About This Home

As of January 2014

. Cold Spring ES / Wootton HS district! Beautifully landscped with paver walks and privacy fence Upd kitchen w/ granite, gleaming wood floors, huge family rm w/ fireplace and French doors to patio, delux expanded master bath. FULL (not partial like most in neighborhood) BASEMENT finished incl legal bedroom and stunning full bath...huge rec room! GIVE 1HOUR NOTICE

Last Agent to Sell the Property

Jay Crosby

(301) 785-5399 jaycrosby@remax.net RE/MAX Realty Services Listed on: 10/10/2013

RE/MAX Realty Services

Last Buyer's Agent

Farzaneh Sohrabian

(703) 785-5090 homesbyferi@gmail.com Samson Properties License #0225194632

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,099

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Property is in very good condition
  • Property is zoned R150

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • French Doors
  • Six Panel Doors
  • Family Room
  • Dining Area
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Potomac Commons Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160400138352

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,099

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1973
  • Remarks Public: . Cold Spring ES / Wootton HS district! Beautifully landscped with paver walks and privacy fence Upd kitchen w/ granite, gleaming wood floors, huge family rm w/ fireplace and French doors to patio, delux expanded master bath. FULL (not partial like most in neighborhood) BASEMENT finished incl legal bedroom and stunning full bath...huge rec room! GIVE 1HOUR NOTICE
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Primary Bath(s), Chair Railings, Crown Moldings, Upgraded Countertops, Window Treatments, Wood Floors, Whirlpool/Hottub, Recessed Lighting
  • Window Features: Insulated, Bay/Bow
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French, Six Panel, Storm
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Family Room
  • Basement: Yes
  • Basement Type: Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 8700

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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: Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 368400.00
  • Land Assessed Value: 313900.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10679
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10679.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13900217
  • Tax Annual Amount: 8098.61
  • Assessor Parcel Number: 160400138352
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 2597
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 01/29/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Modarres Shayan and Bolourian Sara Azimi
Bought by
Cooksey David and Sarmiento Jacqueline
Current Estimated Value
$1,212,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$602,075
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$610,030

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jan 29, 2014
Sold by
Kaspi Michael
Bought by
Modarres Shayan and Bolourian Sara Azimi
Seller's Agent
Jay Crosby
RE/MAX Realty Services
Buyer's Agent
Farzaneh Sohrabian
Samson Properties
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$842,737
Interest Rate
4.52%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2000
Sold by
Chang Clark C
Bought by
Kaspi Michael

Purchase Details

Closed on
Apr 25, 2000
Sold by
Chang Peter Y and Chang K
Bought by
Chang Clark 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
Cooksey David $950,000 Accommodation
Modarres Shayan $825,000 First American Title Company
Kaspi Michael $370,000 --
Chang Clark C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooksey David $665,000
Previous Owner Modarres Shayan $842,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $825,000 0.0% $318 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $825,000 -- $318 / 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 $10,695 $957,533 -- --
2024 $10,695 $876,267 $0 $0
2023 $9,047 $795,000 $378,600 $416,400
2022 $8,594 $793,067 $0 $0
2021 $17,100 $791,133 $0 $0
2020 $16,904 $789,200 $378,600 $410,600
2019 $8,327 $780,533 $0 $0
2018 $3,289 $771,867 $0 $0
2017 $8,838 $763,200 $0 $0
2016 -- $736,233 $0 $0
2015 -- $709,267 $0 $0
2014 -- $682,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003741796

Bright MLS

APN: 04-00138352