NOT LISTED FOR SALE

8811 Falls Rd Potomac, MD 20854

Estimated Value: $1,860,450 - $2,205,000

4 Beds
2 Baths
2,300 Sq Ft
$875/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $825,000 $359 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $11,835/month

98 Days on Market

Highlights

  • 1.67 Acre Lot
  • Deck
  • Wood Flooring
  • Morton Elementary School Rated A-
  • Rambler Architecture
  • 1 Fireplace

About This Home

As of March 2012

Beautiful level lot, 1.67 acres . Build the home of your dreams! Lot large enough for swimming pool and sports court. Location can't be beat. Walk, jog or bike to Great Falls Park.

Last Agent to Sell the Property

Patricia Estryn

(703) 980-5975 pestryn@cbmove.com Coldwell Banker Realty License #0225071372 Listed on: 10/25/2011

Coldwell Banker Realty

Last Buyer's Agent

Mehrdad Tehrani

(301) 873-6077 mark502@aol.com Berkshire Hathaway HomeServices PenFed Realty License #0225092106

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,688

Year Built

  • Built in 1956

Lot Details

  • 1.67 Acre Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R200

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Space Number Location: 3
  • Unpaved Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161000848218

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,688

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Den, Bedroom 1
  • Basement: Yes
  • Basement Type: Full
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unpaved
  • Parking Space Number Assigned: 3

Utilities

  • Refuse: 209.85
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 153700.00
  • Land Assessed Value: 597600.00
  • Lot Features: Cleared, Open
  • Lot Size Acres: 1.67
  • Lot Size Area: 72916
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 72916.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13979609
  • Tax Annual Amount: 9688.16
  • Assessor Parcel Number: 161000848218
  • Tax Lot: 2
  • Tax Page Number: 553
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 28, 2012
Sold by
Koh Jae H and Koh Suk H
Bought by
Ghandi Mohammad Reza and Hatami Tahereh
Seller's Agent
Patricia Estryn
Coldwell Banker Realty
Buyer's Agent
Mehrdad Tehrani
Berkshire Hathaway HomeServices PenFed Realty
List Price
$890,000
Sold Price
$825,000
Premium/Discount to List
-$65,000
-7.3%
Current Estimated Value
$2,012,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,187,817
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Toufanian Abdollah
Bought by
Koh Jae H and Koh H Koh S

Purchase Details

Closed on
Jul 16, 1993
Sold by
Mary L Benedum Tr
Bought by
Abdollah Toufanian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghandi Mohammad Reza $825,000 First American Title Insuran
Koh Jae H $377,000 --
Abdollah Toufanian $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $825,000 -7.3% $359 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $890,000 -- $387 / 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 $15,714 $1,113,600 $597,600 $516,000
2024 $15,714 $1,113,600 $597,600 $516,000
2023 $14,984 $1,113,600 $597,600 $516,000
2022 $26,957 $2,250,000 $597,600 $1,652,400
2021 $29,929 $2,250,000 $597,600 $1,652,400
2020 $29,929 $2,529,167 $0 $0
2019 $27,709 $2,430,800 $597,600 $1,833,200
2018 $31,927 $2,709,100 $597,600 $2,111,500
2017 $31,419 $597,600 $0 $0
2016 -- $743,100 $0 $0
2015 $8,377 $743,100 $0 $0
2014 $8,377 $743,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004625840

Bright MLS

APN: 10-00848218