NOT LISTED FOR SALE

8914 Falls Farm Dr Potomac, MD 20854

Potomac Area

Estimated Value: $1,182,000 - $1,306,000

4 Beds
3.5 Baths
3,800 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2016

Last sale price $825,000 $217 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,659 / mo

58 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Colonial Architecture
  • Breakfast Area or Nook
  • Cold Spring Elementary School Rated A
  • 1 Fireplace
  • Family Room Off Kitchen

About This Home

As of October 2016

Sought after Falls Farm! Sunny cheerful open floor plan in move in condition. Three fully finished levels, extremely well maintained and cared for. Hurry! Total of 4 bedrooms 3 full baths plus powder room and 2 car garage.

Last Agent to Sell the Property

Nancy Itteilag

(202) 944-5000 info@wfp.com Washington Fine Properties, LLC License #0225042819 Listed on: 07/26/2016

Washington Fine Properties, LLC

Co-Listed By

Christopher Itteilag

(877) 737-4268 maryanne@serhant.com Serhant License #SP98365209

Last Buyer's Agent

Mauricio Banegas

(703) 349-1424 mbanegas@metroelitehomes.com Metro Elite Homes, LLC License #0225197931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,689

Year Built

  • Built in 1997

Lot Details

  • 11,747 Sq Ft Lot
  • Property is zoned R200

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Connecting Stairway
  • 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
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Falls Farm Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160403023634

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,689

Year Built

Built in 1997

Lot Details

0.27 Acres

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Breakfast Area, Dining Area, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Rear Entrance, Outside Entrance, Fully Finished, Daylight, Full, Improved
  • Living Area Units: Square Feet
  • Total Sq Ft: 3800
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 226.05
  • Above Grade Finished Sq Ft: 3800
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • 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
  • Construction Materials: Combination, Brick
  • 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 - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 210.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Size Area: 11747
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11747.00
  • Property Attached Yn: No
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8688.85
  • Assessor Parcel Number: 160403023634
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2016
Closed on
Oct 31, 2016
Sold by
Bought by
Seller's Agent
Nancy Itteilag
Washington Fine Properties, LLC
Buyer's Agent
Mauricio Banegas
Metro Elite Homes, LLC
List Price
$859,000
Sold Price
$825,000
Premium/Discount to List
-$34,000
-3.96%
Current Estimated Value
$1,237,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,002
Avg. Annual Appreciation
4.25%
Original Mortgage
$618,500
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 1998
Sold by
Bought by
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

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
$825,000 Southstar Title & Escrow Llc
$330,525 --
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 $557,500
Closed $618,500
Closed $123,917
Previous Owner $200,000
Previous Owner $50,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $825,000 -4.0% $217 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $859,000 -- $226 / Sq Ft
Source: Bright MLS

Tax 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.

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 $10,192 $885,067
2024 $10,121 $826,433
2023 $8,734 $767,800 $383,500 $384,300
2022 $6,188 $767,800 $383,500 $384,300
2021 $8,248 $767,800 $383,500 $384,300
2020 $8,558 $809,400 $383,500 $425,900
2019 $8,645 $809,333 $0 $0
2018 $8,820 $809,267 $0 $0
2017 $8,401 $809,200 $0 $0
2016 -- $755,133 $0 $0
2015 $7,672 $701,067 $0 $0
2014 $7,672 $647,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002447655

Bright MLS

APN: 04-03023634

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