NOT LISTED FOR SALE

8801 Falls Chapel Way Potomac, MD 20854

Estimated Value: $1,270,218 - $1,395,000

5 Beds
3.5 Baths
3,988 Sq Ft
$334/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $923,000 $231 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,993/month

19 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Upgraded Countertops
  • Cold Spring Elementary School Rated A
  • No HOA
  • 4-minute walk to Falls Road Local Park

About This Home

As of May 2017

WOW: Kitchen addition w/skylights, 44ft of openness, quality windows, upgraded bathrms, largest model w/1st floor Library & upgraded Fam/R, plus expanded front, as well as Din/R. Fully finished and upgraded bsmt with 24/21 ft RecR, add'l Rms and den; Awesome location: directly across Hadley's park and near 2 other community parks. One hour notice for showing requested.

Last Agent to Sell the Property

YUE WANG

wyhappy@aol.com Libra Realty, LLC Listed on: 04/14/2017

Last Buyer's Agent

Catherine Davila

(202) 302-0219 catherine.davila@redfin.com Redfin Corp License #592035

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,490

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Property is zoned R150

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Garage doors are at least 85 inches wide

Schools

  • Cold Spring Elementary School
  • Cabin John Middle School
  • Thomas S. Wootton High School

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Potomac Commons Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 160400138465

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,490

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: >84" Garage Door
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1973
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Breakfast Area, Butlers Pantry, Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Primary Bath(s), Built-Ins, Chair Railings, Upgraded Countertops, Crown Moldings, Wood Floors
  • Fireplace Features: Equipment, Gas/Propane, Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 3988
  • Living Area Sq Ft: 3988
  • Price Per Sq Ft: 335.36
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Finished Sq Ft: 1188
  • Total Below Grade Sq Ft: 1188
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 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
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Pool Private: 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: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: COLD SPRING
  • High School: THOMAS S. WOOTTON
  • Middle Or Junior School: CABIN JOHN

Lot Info

  • Improvement Assessed Value: 437600.00
  • Land Assessed Value: 361600.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10924
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10924.00
  • Property Attached Yn: No
  • Zoning: R150

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13900220
  • Tax Annual Amount: 9490.06
  • Assessor Parcel Number: 160400138465
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 7, 2017
Sold by
Jia Tianae and Hui John Zong
Bought by
Jung Jeesun and Kim Young Seung
Seller's Agent
YUE WANG
Libra Realty, LLC
Buyer's Agent
Catherine Davila
Redfin Corp
List Price
$939,000
Sold Price
$923,000
Premium/Discount to List
-$16,000
-1.7%
Current Estimated Value
$1,332,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,055
Avg. Annual Appreciation
4.40%
Original Mortgage
$636,150
Outstanding Balance
$529,578
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$802,477

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jul 18, 2014
Sold by
Jia Tianai
Bought by
Jia Tianai and Fan Yucang
Seller's Agent
Kurtis King
Weichert, REALTORS
Buyer's Agent
Kurtis King
Weichert, REALTORS
List Price
$869,000
Sold Price
$867,000
Premium/Discount to List
-$2,000
-0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%

Purchase Details

Listed on
Mar 21, 2014
Closed on
Apr 30, 2014
Sold by
Michael R Caudill Trust
Bought by
Jia Tianai
Seller's Agent
Kurtis King
Weichert, REALTORS
Buyer's Agent
Kurtis King
Weichert, REALTORS
List Price
$869,000
Sold Price
$867,000
Premium/Discount to List
-$2,000
-0.23%

Purchase Details

Closed on
Oct 22, 2003
Sold by
Kenny Kathleen S
Bought by
Caudill Michael R Et Al Tr

Purchase Details

Closed on
Apr 1, 2003
Sold by
Caudill Michael R Tr
Bought by
Kenny Kathleen S and Caudill Michael R

Purchase Details

Closed on
Apr 5, 2000
Sold by
Caudill Michael R
Bought by
Caudill Michael R Tr

Purchase Details

Closed on
Oct 23, 1997
Sold by
William C C and William Y
Bought by
Caudill Michael R and Kenny Kathleen S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jung Jeesun $923,000 Gpn Title Inc
Jia Tianai -- None Available
Jia Tianai $867,000 First American Title Ins Co
Caudill Michael R Et Al Tr -- --
Caudill Michael R Et Al Tr -- --
Kenny Kathleen S -- --
Caudill Michael R Tr -- --
Caudill Michael R $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Jeesun $636,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2017 05/31/17 Sold $923,000 -1.7% $231 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $939,000 +8.3% $235 / Sq Ft
05/21/2014 05/21/14 Sold $867,000 -0.2% $217 / Sq Ft View Prior Sale
04/08/2014 04/08/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $869,000 -- $218 / 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 $11,831 $1,057,267 -- --
2024 $11,831 $974,933 $0 $0
2023 $10,172 $892,600 $379,700 $512,900
2022 $7,172 $889,800 $0 $0
2021 $9,563 $887,000 $0 $0
2020 $9,500 $884,200 $379,700 $504,500
2019 $9,158 $855,867 $0 $0
2018 $8,836 $827,533 $0 $0
2017 $8,798 $799,200 $0 $0
2016 -- $792,900 $0 $0
2015 $7,563 $786,600 $0 $0
2014 $7,563 $780,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002510649

Bright MLS

APN: 04-00138465