NOT LISTED FOR SALE

8917 Falls Farm Dr Potomac, MD 20854

Estimated Value: $1,116,000 - $1,245,000

4 Beds
3.5 Baths
3,654 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $1,100,000 $301 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,089/month

41 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 1 Fireplace
  • Cold Spring Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of September 2024

Welcome to this stunning, move-in ready home, situated in a prime cul-de-sac location in the sought-after neighborhood of Falls Farm in close-in Potomac. This beautiful brick-front residence boasts an open and modern floor plan that is perfect for today’s lifestyle. The heart of the home features a gourmet kitchen with a spacious island and a charming breakfast area, seamlessly opening to the inviting family room. From here, enjoy direct access to the flagstone patio, ideal for outdoor dining and relaxation in the professionally landscaped yard. A coveted first-floor office offers a quiet and private space, perfect for working from home. The large and sensational owner’s suite provides a luxurious retreat with two walk-in closets, a sitting area, and an en-suite spa-like bathroom featuring a two-sink vanity, stand-in shower, and separate soaking tub. Upstairs also features three additional bedrooms and a bath. The fully finished lower level includes a full bath and a spacious rec room, offering extra living space for a variety of uses. This home is truly a gem, combining elegance, comfort, and modern conveniences in an ideal location. Don't miss the opportunity to make this your new home.

Last Agent to Sell the Property

Sherif Abdalla

(703) 624-5555 sherif@margenau.com Compass License #sp98372424 Listed on: 07/12/2024

Compass

Co-Listed By

Katherine Karafotas

(571) 228-8932 kate.karafotas@compass.com Compass License #5012738

Last Buyer's Agent

Francisco Escobar

(703) 869-4270 alex@escobarprime.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,844

Year Built

  • Built in 1998

Lot Details

  • 10,200 Sq Ft Lot
  • Cul-De-Sac
  • Back Yard
  • Property is zoned R200

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Bay Window
  • Double Door Entry
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 60+ Gallon Tank

Community Details

  • Falls Farm Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 160403023510

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,844

Year Built

Built in 1998

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-07-12
  • Year Built: 1998
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven - Wall, Microwave
  • Interior Amenities: Breakfast Area, Dining Area, Kitchen - Island, Recessed Lighting, Family Room Off Kitchen, Ceiling Fan(s), Kitchen - Gourmet, Bathroom - Soaking Tub, Walk-In Closet(s), Wood Floors
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Partially Finished
  • Total Sq Ft: 4612
  • Living Area Sq Ft: 3654
  • Price Per Sq Ft: 409.30
  • Above Grade Finished Sq Ft: 3054
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 958
  • Total Below Grade Sq Ft: 1558
  • 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
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting
  • 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 Door Opener, Covered Parking, Inside Access
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 70.00
  • 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 Features: Cul-De-Sac, Rear Yard
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10200.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9844.00
  • Assessor Parcel Number: 160403023510
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 19, 2024
Sold by
Rahman Naureen
Bought by
Ng Matthew and Jun Jihyun Ann
Seller's Agent
Sherif Abdalla
Compass
Buyer's Agent
Francisco Escobar
Samson Properties
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
313
Current Estimated Value
$1,178,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,002
Avg. Annual Appreciation
5.83%
Original Mortgage
$1,045,000
Outstanding Balance
$1,030,401
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$147,601

Purchase Details

Closed on
Apr 1, 2019
Sold by
Garti Hisham Mohamed and Rahman Naureen
Bought by
Rahman Naureen

Purchase Details

Listed on
Nov 13, 2012
Closed on
Apr 22, 2013
Sold by
Gerhartz Teri W
Bought by
Garti Hisham Mohamed and Rahman Naureen
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Steven Aisenberg
Coldwell Banker Realty
List Price
$900,000
Sold Price
$770,000
Premium/Discount to List
-$130,000
-14.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Aug 4, 2000
Sold by
Bagheri Ahmad
Bought by
Gerhartz Teri W

Purchase Details

Closed on
Oct 21, 1998
Sold by
Kettler Brothers Inc
Bought by
Bagheri Ahmad
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ng Matthew $1,100,000 Kvs Title
Ng Matthew $1,100,000 Kvs Title
Rahman Naureen -- Monarch Title
Garti Hisham Mohamed $770,000 Title Resources Guaranty Co
Gerhartz Teri W $407,000 --
Bagheri Ahmad $313,115 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ng Matthew $1,045,000
Closed Ng Matthew $1,045,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $1,100,000 -12.0% $301 / Sq Ft
07/12/2024 07/12/24 For Sale $1,250,000 +62.3% $342 / Sq Ft
04/22/2013 04/22/13 Sold $770,000 -6.0% $252 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/04/2013 03/04/13 Price Changed $819,000 -3.6% $268 / Sq Ft
02/07/2013 02/07/13 Price Changed $849,900 -2.3% $278 / Sq Ft
01/10/2013 01/10/13 Price Changed $869,900 -3.3% $285 / Sq Ft
11/19/2012 11/19/12 Price Changed $899,888 0.0% $295 / Sq Ft
11/13/2012 11/13/12 For Sale $900,000 -- $295 / 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 $9,809 $854,600 -- --
2024 $9,809 $799,300 $0 $0
2023 $9,844 $744,000 $376,500 $367,500
2022 $8,053 $744,000 $376,500 $367,500
2021 $7,986 $744,000 $376,500 $367,500
2020 $8,390 $783,600 $376,500 $407,100
2019 $8,361 $783,600 $376,500 $407,100
2018 $8,900 $783,600 $376,500 $407,100
2017 $8,957 $813,500 $0 $0
2016 -- $758,967 $0 $0
2015 $7,765 $704,433 $0 $0
2014 $7,765 $649,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2138920

Bright MLS

APN: 04-03023510