8701 Falls Rd Potomac, MD 20854
Estimated Value: $2,682,000 - $3,024,000
Studio
4
Baths
9,366
Sq Ft
$303/Sq Ft
Est. Value
About This Home
This home is located at 8701 Falls Rd, Potomac, MD 20854 and is currently estimated at $2,839,199, approximately $303 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
Outstanding Balance
$433,112
Interest Rate
3.45%
Mortgage Type
Stand Alone Second
Estimated Equity
$2,406,087
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rahimi Iraj A | $625,000 |
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
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