NOT LISTED FOR SALE

8701 Falls Rd Potomac, MD 20854

Estimated Value: $3,033,945 - $3,068,000

Studio
4 Baths
9,366 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 8701 Falls Rd, Potomac, MD 20854 and is currently estimated at $3,050,973, approximately $325 per square foot. 8701 Falls Rd is a home located in Montgomery County with nearby schools including Madison Elementary School, Morton Elementary School, and Potomac Elementary 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
$3,050,973

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
Outstanding Balance
$439,243
Interest Rate
3.45%
Mortgage Type
Stand Alone Second
Estimated Equity
$2,611,730

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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

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 $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

Maryland Montgomery County Potomac 20854

8701 Falls Rd, Potomac, MD

Not Listed for Sale

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