NOT LISTED FOR SALE

8904 Falls Farm Dr Potomac, MD 20854

Estimated Value: $1,236,000 - $1,266,743

4 Beds
2.5 Baths
3,056 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $1,136,000 $372 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,726/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Brick Front
  • Cold Spring Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2023

Welcome to this sunny, bright 4-bedroom home located at Falls farm of Potomac. on the main level open floor plan, and great 2 story foyer, hardwood floor through. Upgraded kitchen and 2 feet bump out Family room. Spacious master suite w/ vaulted ceilings, double WIC, a sitting room can be 5th bedroom. Huge 9 feet ceiling & walk out level basement. New roof with upgraded gutter system and sheet metal fascia trim. New 2 zone A/C/ heating system. Perfectly lot back to tree with wondaful view.

Last Agent to Sell the Property

Xia Chu Tian

(301) 529-5990 chuck.repro@gmail.com UnionPlus Realty, Inc. License #0225073296 Listed on: 06/02/2023

Last Buyer's Agent

Jose Ugaz Gates

(571) 269-7213 jugazgates@gmail.com Smart Realty, LLC License #0225230391

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,875

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R200

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Front
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Natural lighting in basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • Falls Farm Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 161003023691

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,875

Year Built

Built in 1998

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-02
  • Federal Flood Zone: No
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Rear Entrance, Unfinished, Walkout Level
  • Total Sq Ft: 4426
  • Living Area Sq Ft: 3056
  • Price Per Sq Ft: 339.01
  • Above Grade Finished Sq Ft: 3056
  • Below Grade Sq Ft: 1370
  • Total Below Grade Sq Ft: 1370
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Brick Front
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 361.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Forced Air, Heat Pump(s), Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 95.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15123.00
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9875.00
  • Assessor Parcel Number: 161003023691
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2025
Sold by
Gonzalez Escobar Luis A
Bought by
Luis A Gonzalez Escobar Revocable Trust and Escobar
Current Estimated Value
$1,250,936

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 6, 2023
Sold by
Yang Raymond Li-De and Yang Jennifer J
Bought by
Gonzalez Escobar Luis A
Seller's Agent
Xia Chu Tian
UnionPlus Realty, Inc.
Buyer's Agent
Jose Ugaz Gates
Smart Realty, LLC
List Price
$1,036,000
Sold Price
$1,136,000
Premium/Discount to List
$100,000
9.65%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$908,800
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1998
Sold by
Kettler Brothers Inc
Bought by
Yang Raymond L and Yang D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Luis A Gonzalez Escobar Revocable Trust -- None Listed On Document
Gonzalez Escobar Luis A $1,136,000 Kensington Realty Title
Gonzalez Escobar Luis A $1,136,000 Kensington Realty Title
Yang Raymond L $328,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Escobar Luis A $908,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $1,136,000 +9.7% $372 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $1,036,000 -- $339 / 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 $12,526 $1,129,800 $445,100 $684,700
2024 $12,526 $1,035,333 $0 $0
2023 $5,307 $940,867 $0 $0
2022 $6,822 $846,400 $445,100 $401,300
2021 $8,530 $793,367 $0 $0
2020 $7,913 $740,333 $0 $0
2019 $7,299 $687,300 $378,300 $309,000
2018 $7,808 $687,300 $378,300 $309,000
2017 $8,181 $687,300 $0 $0
2016 -- $693,900 $0 $0
2015 $7,795 $693,900 $0 $0
2014 $7,795 $693,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2095062

Bright MLS

APN: 10-03023691