Seller's Agent in 2020
Zelda Heller
Long & Foster
(202) 257-1226
1 in this area
25 Total Sales
8705 Falls Rd Potomac, MD 20854
Estimated Value: $2,315,000 - $2,788,000
7
Beds
7.5
Baths
8,303
Sq Ft
$306/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Colonial Architecture
- No HOA
- Morton Elementary School Rated A-
- 3 Fireplaces
- 4 Garage Spaces | 2 Direct Access and 2 Detached
About This Home
As of August 2020Welcome to this stunning, sun-soaked, meticulously maintained home. Open floor plan, high ceilings, lots of light. Elegant two-story foyer/family room, banquet size living and dining rooms, gourmet kitchen with granite countertops, and skylights. Main level owners' suite with sitting room and expansive spa bath. A second bedroom/office main level with en-suite bath. The upper level features an office area & 3 large bedrooms, all with ensuite baths and walk-in closets. Magnificent daylight walkout lower level fully finished with huge in-law suite, complete with two bedrooms w/ en-suite baths, separate entry, garage, second laundry, fully appointed kitchen, living and dining room combination, second laundry, theater, exercise room, and recreation room. This impressive home is sited on a gated and fully fenced lot with circular driveway, one attached garage for two cars and one detached two-car garage (4 garage spaces total), and a parking courtyard with ample room for guests or valet parking. Freshly painted top to bottom, this immaculate home is a turnkey dream!Easy access to 495 & 270, enjoy privacy while living only minutes from shopping, dining, and hiking trails! Close proximity to Great Falls Park & Old Anglers Inn, Potomac Swim & Tennis Club, and Potomac Village.
Last Agent to Sell the Property
(202) 257-1226 zeldaheller@zeldaheller.com Long & Foster Real Estate, Inc. License #304104 Listed on: 06/05/2020
Co-Listed By
(301) 674-2829 coleyreed@gmail.com Long & Foster Real Estate, Inc. License #99254
Last Buyer's Agent
(240) 686-5588 samantha.q.he@gmail.com DMV Landmark Realty, LLC License #627787
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,316
Year Built
- Built in 2005
Lot Details
- 0.82 Acre Lot
- Property is zoned R200
Parking
- 4 Garage Spaces | 2 Direct Access and 2 Detached
- Front Facing Garage
- Rear-Facing Garage
Home Design
- Colonial Architecture
- Chalet
- French Architecture
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- Property has 3 Levels
- 3 Fireplaces
- Second Kitchen
- Laundry on main level
Bedrooms and Bathrooms
Finished Basement
- Walk-Out Basement
- Laundry in Basement
Schools
- Seven Locks Elementary School
- Cabin John Middle School
- Winston Churchill High School
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Fawcett Farms Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 161000867644
- $581 Front Foot Fee per year
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2020
Closed on
Aug 21, 2020
Sold by
The Houshang Safaipour Revocable Trust
Bought by
Ren Hong and Wu Zhangwei
Seller's Agent
Zelda Heller
Long & Foster Real Estate, Inc.
Buyer's Agent
Samantha He
DMV Landmark Realty, LLC
List Price
$1,999,999
Sold Price
$1,800,000
Premium/Discount to List
-$199,999
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,657
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,440,000
Outstanding Balance
$1,274,999
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,269,658
Purchase Details
Closed on
Dec 14, 2011
Sold by
Safaipour Houshang
Bought by
Safaipour Houshang and The Houshang Safaipour Revocab
Purchase Details
Closed on
Dec 2, 2003
Sold by
Underwood Louis E
Bought by
Safaipour Houshang and Safaipour Mitra
Purchase Details
Closed on
Aug 7, 2003
Sold by
Wheat Zachary
Bought by
Underwood Louis E
Purchase Details
Closed on
May 21, 2003
Sold by
Henson Robert F and Henson H E
Bought by
Wheat Zachary
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 |
|---|---|---|---|
| Ren Hong | $1,800,000 | Evergreen Settlement Co Inc | |
| Safaipour Houshang | -- | None Available | |
| Safaipour Houshang | $551,000 | -- | |
| Safaipour Houshang | $551,000 | -- | |
| Underwood Louis E | $495,000 | -- | |
| Wheat Zachary | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ren Hong | $1,440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2020 08/21/20 | Sold | $1,800,000 | -10.0% | $217 / Sq Ft |
| 07/16/2020 07/16/20 | For Sale | $1,999,999 | 0.0% | $241 / Sq Ft |
| 07/14/2020 07/14/20 | Pending | -- | -- | -- |
| 06/05/2020 06/05/20 | For Sale | $1,999,999 | -- | $241 / Sq Ft |
Source: Bright MLS
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 | $24,978 | $2,176,800 | $544,300 | $1,632,500 |
| 2024 | $24,978 | $2,002,267 | -- | -- |
| 2023 | $23,630 | $1,827,733 | $0 | $0 |
| 2022 | $19,405 | $1,653,200 | $544,300 | $1,108,900 |
| 2021 | $18,778 | $1,603,400 | $0 | $0 |
| 2020 | $18,201 | $1,553,600 | $0 | $0 |
| 2019 | $17,624 | $1,503,800 | $544,300 | $959,500 |
| 2018 | $17,646 | $1,503,800 | $544,300 | $959,500 |
| 2017 | $23,149 | $1,503,800 | $0 | $0 |
| 2016 | $21,722 | $1,925,200 | $0 | $0 |
| 2015 | $21,722 | $1,925,200 | $0 | $0 |
| 2014 | $21,722 | $1,925,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Zelda Heller
-
Coley Reed
Seller Co-Listing Agent in 2020
Coley Reed
Long & Foster
(301) 674-2829
19 in this area
572 Total Sales
-
Samantha He
Buyer's Agent in 2020
Samantha He
DMV Landmark Realty, LLC
(240) 686-5588
1 in this area
113 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC709726
APN: 10-00867644
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