8903 Falls Farm Dr Potomac, MD 20854
Estimated Value: $1,195,000 - $1,374,000
Studio
3
Baths
3,500
Sq Ft
$361/Sq Ft
Est. Value
About This Home
This home is located at 8903 Falls Farm Dr, Potomac, MD 20854 and is currently estimated at $1,264,235, approximately $361 per square foot. 8903 Falls Farm Dr is a home located in Montgomery County with nearby schools including Cold Spring Elementary School, Cabin John Middle School, and Thomas S. Wootton High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 23, 2026
Sold by
Ann Chan and Chan Robert J
Bought by
Chan Robert and Chan Yenden Ann
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
$1,785,000
Outstanding Balance
$1,785,000
Interest Rate
6.06%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
-$520,765
Purchase Details
Closed on
Dec 10, 1998
Sold by
Kettler Brothers Inc
Bought by
D Robert J and D A Chan Y
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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 |
|---|---|---|---|
| Chan Robert | -- | None Listed On Document | |
| D Robert J | $351,050 | -- |
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 | Chan Robert | $1,785,000 | |
| Closed | Chan Robert | $461,720 |
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 | $12,617 | $1,142,000 | $425,900 | $716,100 |
| 2024 | $12,617 | $1,043,200 | $0 | $0 |
| 2023 | $10,605 | $944,400 | $0 | $0 |
| 2022 | $6,816 | $845,600 | $425,900 | $419,700 |
| 2021 | $8,517 | $792,133 | $0 | $0 |
| 2020 | $7,749 | $738,667 | $0 | $0 |
| 2019 | $8,283 | $685,200 | $362,000 | $323,200 |
| 2018 | $7,535 | $685,200 | $362,000 | $323,200 |
| 2017 | $7,583 | $685,200 | $0 | $0 |
| 2016 | -- | $692,100 | $0 | $0 |
| 2015 | $7,882 | $692,100 | $0 | $0 |
| 2014 | $7,882 | $692,100 | $0 | $0 |
Source: Public Records
Map
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