8701 Falls Rd Potomac, MD 20854
Estimated Value: $3,161,556 - $5,161,000
--
Bed
4
Baths
9,366
Sq Ft
$444/Sq Ft
Est. Value
About This Home
This home is located at 8701 Falls Rd, Potomac, MD 20854 and is currently estimated at $4,161,278, approximately $444 per square foot. 8701 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
Feb 25, 2013
Sold by
Potomac Falls Llc
Bought by
Rahimi Iraj A and Emam Betty M
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
$625,000
Interest Rate
3.45%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 12, 2011
Sold by
Rahimi Iraj A
Bought by
Potomac Falls Llc
Purchase Details
Closed on
Apr 5, 2011
Sold by
Rahimi Iraj A
Bought by
Potomac Falls Llc
Purchase Details
Closed on
Mar 18, 1999
Sold by
Edford 2Nd & M Chambers
Bought by
Marilyn J Chambers Tr
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 |
---|---|---|---|
Rahimi Iraj A | -- | Pinnacle Title & Escrow Inc | |
Potomac Falls Llc | -- | -- | |
Potomac Falls Llc | -- | -- | |
Marilyn J Chambers Tr | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Rahimi Iraj A | $625,000 |
Source: Public Records
Tax History Compared to Growth
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 | $33,270 | $2,780,800 | $557,900 | $2,222,900 |
2024 | $33,270 | $2,710,700 | $0 | $0 |
2023 | $29,664 | $2,640,600 | $0 | $0 |
2022 | $20,718 | $2,570,500 | $557,900 | $2,012,600 |
2021 | $57,533 | $2,497,000 | $0 | $0 |
2020 | $54,182 | $2,423,500 | $0 | $0 |
2019 | $54,182 | $2,350,000 | $557,900 | $1,792,100 |
2018 | $25,960 | $2,350,000 | $557,900 | $1,792,100 |
2017 | $37,946 | $2,350,000 | $0 | $0 |
2016 | -- | $3,199,800 | $0 | $0 |
2015 | $2,150 | $3,169,433 | $0 | $0 |
2014 | $2,150 | $3,139,067 | $0 | $0 |
Source: Public Records
Map
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