NOT LISTED FOR SALE

8920 Falls Farm Dr Potomac, MD 20854

Potomac Area

Estimated Value: $1,449,000 - $1,712,000

0.26 Acre
$6,049,062 Price per Acre
11,509 Sq Ft Lot

Sale Details

Date Sold: March 2, 2015

Last sale price $384,000

Est. 310% increase in value since last sale

Current estimated payment $9,932 / mo

17 Days on Market

About This Lot

As of March 2015

Level, one third an acre lot on a culdesac street in a fabulous Potomac neighborhood. Hoa covenants require architectural approval of construction. Public water, sewer and natural gas. Lot is cleared and ready to build.

Last Agent to Sell the Property

Lori Leasure

(301) 983-6400 info@wfp.com Washington Fine Properties, LLC License #0225243922 Listed on: 01/16/2015

Washington Fine Properties, LLC

Last Buyer's Agent

Lori Leasure

(301) 983-6400 info@wfp.com Washington Fine Properties, LLC License #0225243922 Listed on: 01/16/2015

Washington Fine Properties, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,193

Lot Details

  • 11,509 Sq Ft Lot
  • Cleared Lot
  • Backs to Trees or Woods
  • Property is zoned R200

HOA Fees

  • $70 Monthly HOA Fees

Schools

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

Community Details

  • Falls Farm Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 160403023417
  • $549 Front Foot Fee per year

Property Details

Property Type

Land

Est. Annual Taxes

$4,193

Lot Details

0.26 Acres

HOA Fees

$70 per month

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 33.89

Exterior Features

  • Road Surface Type: Paved
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Lot Features: Backs To Trees, Cleared
  • Lot Size Acres: 0.26
  • Lot Size Area: 11509
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11509.00
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4193.20
  • Assessor Parcel Number: 160403023417
  • Tax Lot: 5
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Multi Family

  • Front Foot Fee: 548.80

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
Jan 16, 2015
Closed on
Mar 2, 2015
Sold by
Robinson Elizabeth P
Bought by
Seller's Agent
Lori Leasure
Washington Fine Properties, LLC
Buyer's Agent
Lori Leasure
Washington Fine Properties, LLC
List Price
$390,000
Sold Price
$384,000
Premium/Discount to List
-$6,000
-1.54%
Current Estimated Value
$1,572,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,188,756
Avg. Annual Appreciation
12.98%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Potomac, MD

  • Bikle Metz Group Real Estate Agent - Keller Williams Realty Centre

    Bikle Metz Group

    Keller Williams Realty Centre

    (814) 747-5487

    172 Total Sales

    1 in Potomac

    $1,530,000 Price

    Bikle Metz Group
     Section Image
  • Da Li Real Estate Agent - RE/MAX Realty Centre, Inc.

    Da Li

    RE/MAX Realty Centre, Inc.

    (877) 462-0671

    69 Total Sales

    1 in Potomac

    $1,699,000 Price

    Da Li
     Section Image
  • Dale Mattison Real Estate Agent - Long & Foster Real Estate, Inc.

    Dale Mattison

    Long & Foster Real Estate, Inc.

    (844) 203-2172

    74 Total Sales

    1 in Potomac

    $1,600,000 Price

    Dale Mattison
     Section Image
  • Heather Sand Real Estate Agent - Compass

    Heather Sand

    Compass

    (667) 207-2804

    73 Total Sales

    2 in Potomac

    $682K - $910K Price Range

    Heather Sand
     Section Image
  • Ali Haghgoo Real Estate Agent - EXP Realty, LLC

    Ali Haghgoo

    EXP Realty, LLC

    (410) 999-0791

    403 Total Sales

    1 in Potomac

    $1,250,000 Price

    Ali Haghgoo
     Section Image
  • Brent Jackson Real Estate Agent - TTR Sotheby's International Realty

    Brent Jackson

    TTR Sotheby's International Realty

    (855) 918-0477

    220 Total Sales

    1 in Potomac

    $1,597,836 Price

    Brent Jackson
     Section Image
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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
$384,000 First American Title Ins
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
03/02/2015 03/02/15 Sold $384,000 -1.5% --
02/02/2015 02/02/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $390,000 -- --
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 $13,710 $1,177,967
2024 $13,307 $1,091,333 $0 $0
2023 $11,589 $1,004,700 $382,400 $622,300
2022 $8,098 $1,004,700 $382,400 $622,300
2021 $10,974 $1,004,700 $382,400 $622,300
2020 $11,790 $1,082,000 $382,400 $699,600
2019 $11,756 $1,082,000 $382,400 $699,600
2018 $12,300 $1,082,000 $382,400 $699,600
2017 $4,559 $1,149,400 $0 $0
2016 -- $348,633 $0 $0
2015 $4,783 $333,067 $0 $0
2014 $4,783 $317,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Leasure Real Estate Agent - Washington Fine Properties

    Seller's Agent in 2015

    Lori Leasure

    Washington Fine Properties

    (240) 498-1884

    77 Total Sales

    Lori Leasure
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Map

Source: Bright MLS

MLS Number: 1002300527

Bright MLS

APN: 04-03023417

Maryland Montgomery County Potomac 20854

8920 Falls Farm Dr, Potomac, MD

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