NOT LISTED FOR SALE

8915 Falls Farm Dr Potomac, MD 20854

Estimated Value: $1,122,158 - $1,342,000

4 Beds
2.5 Baths
3,310 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $815,000 $246 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,409/month

56 Days on Market

Highlights

  • Colonial Architecture
  • Two Story Ceilings
  • 1 Fireplace
  • Cold Spring Elementary School Rated A
  • Traditional Floor Plan
  • Breakfast Area or Nook

About This Home

As of August 2016

Fabulous colonial on a beautiful street built by Kettler in 1997. Two story foyer, upgraded stone fireplace, sunroom backing to woods, large owners suite with cathedral ceiling and sitting room that could be made to fifth bedroom. Price reflects spacious, unfinished lower level. Need 24 hours notice to show please per seller's request.

Last Agent to Sell the Property

Lori Leasure

(240) 498-1884 lori.leasure@wfp.com Washington Fine Properties, LLC License #0225243922 Listed on: 04/13/2016

Washington Fine Properties, LLC

Last Buyer's Agent

Julia Ryeom

(240) 778-1989 mryeom@hotmail.com BH Investment Realty. Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,985

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R200

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Two Story Ceilings
  • 1 Fireplace
  • Window Treatments
  • Bay Window
  • Window Screens
  • Family Room Off Kitchen
  • Dining Area
  • Storm Windows

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Rough-In Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Built by KETTLER BROTHERS
  • Falls Farm Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 160403023656
  • $665 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,985

Year Built

Built in 1997

Lot Details

0

HOA Fees

$70 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: 2016-04-13
  • Year Built: 1997
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven - Wall, Refrigerator
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Dining Area, Primary Bath(s), Window Treatments, Floor Plan - Traditional
  • Window Features: Bay/Bow, Storm, Screens
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Stairs, Rough Bath Plumb
  • Living Area Units: Square Feet
  • Total Sq Ft: 5145
  • Living Area Sq Ft: 3310
  • Price Per Sq Ft: 253.47
  • Above Grade Finished Sq Ft: 3310
  • Below Grade Sq Ft: 1835
  • Total Below Grade Sq Ft: 1835
  • 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: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Composite
  • 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
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Lot Size Acres: 0.28
  • Lot Size Area: 12188
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12188.00
  • Property Attached Yn: No
  • Zoning: R200

Building Info

  • Builder Name: KETTLER BROTHERS

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8985.12
  • Assessor Parcel Number: 160403023656
  • Tax Lot: 23
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016

Multi Family

  • Front Foot Fee: 665.42

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2018
Sold by
Ryeom Raymond
Bought by
Ryeom Raymond and Laphaphonphong Phinyalak
Current Estimated Value
$1,236,290

Purchase Details

Listed on
Apr 13, 2016
Closed on
Aug 15, 2016
Sold by
Sisson Richard W and Sisson Janet L
Bought by
Ryeom Raymond
Seller's Agent
Lori Leasure
Washington Fine Properties, LLC
Buyer's Agent
Julia Ryeom
BH Investment Realty. Inc.
List Price
$849,900
Sold Price
$815,000
Premium/Discount to List
-$34,900
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$652,000
Outstanding Balance
$519,210
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$717,080

Purchase Details

Closed on
Dec 30, 1997
Sold by
Kettler Brothers Inc
Bought by
L Richard W and L Sisson J
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
Ryeom Raymond -- None Available
Ryeom Raymond $815,000 Pure Title Llc
L Richard W $388,302 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryeom Raymond $652,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $815,000 -2.9% $246 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/31/2016 05/31/16 Price Changed $839,000 -1.3% $253 / Sq Ft
04/13/2016 04/13/16 For Sale $849,900 -- $257 / 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 $9,952 $867,900 -- --
2024 $9,952 $811,700 $0 $0
2023 $8,592 $755,500 $385,500 $370,000
2022 $6,089 $755,500 $385,500 $370,000
2021 $8,113 $755,500 $385,500 $370,000
2020 $8,530 $796,300 $385,500 $410,800
2019 $7,773 $796,300 $385,500 $410,800
2018 $9,157 $796,300 $385,500 $410,800
2017 $9,653 $826,800 $0 $0
2016 -- $771,400 $0 $0
2015 $8,327 $716,000 $0 $0
2014 $8,327 $694,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Leasure

    Seller's Agent in 2016

    Lori Leasure

    Washington Fine Properties

    (240) 498-1884

    15 in this area

    73 Total Sales

    Lori Leasure
    Section Image

  • J

    Buyer's Agent in 2016

    Julia Ryeom

    BH Investment Realty. Inc.

    (240) 778-1989

    2 Total Sales

    Julia Ryeom
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002417853

Bright MLS

APN: 04-03023656

Maryland Montgomery County Potomac 20854

8915 Falls Farm Dr, Potomac, MD

Not Listed for Sale

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