NOT LISTED FOR SALE

8937 Falls Farm Dr Potomac, MD 20854

Estimated Value: $1,241,000 - $1,344,000

4 Beds
5 Baths
3,833 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $940,000 $245 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,757/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Cold Spring Elementary School Rated A
  • Property is near a park
  • Cathedral Ceiling

About This Home

As of April 2014

Enjoy picture perfect views of wetlands & woodland from the patio & deck of this lovely colonial home...Or take in the scenery from expansive windows across the back of the open floor plan. Main level has beautiful hardwood floors and large master suite. Kitchen updated in 2012. New furnace and water heater-2013. Walk in closets. Cul de Sac quiet and privacy! Excellent schools. Bus stop to Metro

Last Agent to Sell the Property

Stephanie Smith

(910) 518-9280 service@selectpremiumprop.com Select Premium Properties, Inc License #BR98371445 Listed on: 03/06/2014

Last Buyer's Agent

John Couch

(301) 774-5900 johncouch3031@gmail.com RE/MAX Realty Centre, Inc. License #MRIS:1922

RE/MAX Realty Centre, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,189

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • No Through Street
  • Wooded Lot
  • Backs to Trees or Woods
  • Non-Tidal Wetland
  • Property is zoned R200

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asbestos Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Chair Railings
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Window Screens
  • Entrance Foyer
  • Great Room
  • Family Room Overlook on Second Floor
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Game Room
  • Home Gym
  • Wood Flooring
  • Attic

Kitchen

  • Breakfast Room
  • Double Self-Cleaning Oven
  • Gas Oven or Range
  • Stove
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • Doors with lever handles
  • Doors are 32 inches wide or more

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Humidifier
  • Dehumidifier
  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Underground Utilities
  • Natural Gas Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a park

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 160403023587
  • $549 Front Foot Fee per year

Community Details

Overview

  • Association fees include lawn care front, snow removal
  • The community has rules related to commercial vehicles not allowed, covenants

Amenities

  • Picnic Area
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,189

Year Built

Built in 1996

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, Doors - Lever Handle(s), Doors - Swing In
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Freezer, Humidifier, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven/Range - Electric, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Family Room Off Kitchen, Kitchen - Island, Dining Area, Chair Railings, Upgraded Countertops, Crown Moldings, Window Treatments, Wood Floors, Whirlpool/Hottub, Recessed Lighting
  • Window Features: Bay/Bow, Double Pane, Screens, Skylights
  • Fireplace Features: Equipment
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 2 Story Ceilings, 9'+ Ceilings, Cathedral Ceilings, Vaulted Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Master Bedroom, Bedroom 2, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Bedroom 1, 2nd Stry Fam Ovrlk, Exercise Room, Great Room, Laundry, Bedroom 6, Attic
  • Basement: Yes
  • Basement Type: Sump Pump, Full, Partially Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 4885
  • Living Area Sq Ft: 3833
  • Price Per Sq Ft: 329.70
  • Above Grade Finished Sq Ft: 3030
  • Below Grade Finished Sq Ft: 803
  • Below Grade Sq Ft: 1052
  • Total Below Grade Sq Ft: 1855
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Flood Lights, Sidewalks, Street Lights
  • Roof: Asbestos Shingle
  • 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, Paved Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Driveway, Attached Garage

Utilities

  • Refuse: 279.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Dehumidifier, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Energy Star Heating System, Forced Air, Humidifier, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Fire Detection System
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 70.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Snow Removal
  • HOA Condo Co-Op Rules: Commercial Vehicles Prohibited, Covenants
  • HOA: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 398000.00
  • Land Assessed Value: 332100.00
  • Lot Features: Backs To Trees, Backs - Parkland, Cul-De-Sac, Landscaping, No Thru Street, Non-Tidal Wetland, Trees/Wooded
  • Lot Size Acres: 0.34
  • Lot Size Area: 14887
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14887.00
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Zoning: R200

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13834279
  • Tax Annual Amount: 9188.98
  • Assessor Parcel Number: 160403023587
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Front Foot Fee: 548.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 29, 2014
Sold by
Huth Trevor Lee and Huth Mary Judith
Bought by
Dillon Patricia I and Cassano Richard A
Seller's Agent
Stephanie Smith
Select Premium Properties, Inc
Buyer's Agent
John Couch
RE/MAX Realty Centre, Inc.
List Price
$999,000
Sold Price
$940,000
Premium/Discount to List
-$59,000
-5.91%
Current Estimated Value
$1,288,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,697
Avg. Annual Appreciation
2.75%
Original Mortgage
$664,000
Outstanding Balance
$507,744
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$780,953

Purchase Details

Closed on
Apr 18, 1996
Sold by
Kettler Brothers Inc
Bought by
J Trevor L and J Huth M
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
Dillon Patricia I $940,000 Stewart Title
J Trevor L $500,835 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Patricia I $664,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $940,000 -5.9% $245 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $999,000 -- $261 / 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 $10,827 $944,867 -- --
2024 $10,827 $881,833 $0 $0
2023 $9,384 $818,800 $397,700 $421,100
2022 $6,600 $818,800 $397,700 $421,100
2021 $8,867 $818,800 $397,700 $421,100
2020 $9,054 $838,900 $397,700 $441,200
2019 $9,023 $838,900 $397,700 $441,200
2018 $9,563 $838,900 $397,700 $441,200
2017 $9,968 $860,500 $0 $0
2016 -- $817,033 $0 $0
2015 $9,219 $773,567 $0 $0
2014 $9,219 $730,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002865560

Bright MLS

APN: 04-03023587