NOT LISTED FOR SALE

9247 Falls Chapel Way Potomac, MD 20854

Estimated Value: $1,255,000 - $1,355,000

4 Beds
4 Baths
2,700 Sq Ft
$477/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $920,000 $341 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,874/month

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Premium Lot
  • Beverly Farms Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of July 2018

Awesome colonial in the highly sought after community of Falls Reach. Gleaming hardwood floors throughout the main and upper levels. First floor ofc. Freshly painted, new w/w in the lower level. Newly replaced Thompson Creek windows. Private fenced rear yard w/deck & upgraded landscaping. Paver driveway & front porch. Much more. Must have GCAAR Financial Info & Pre Approval Ltr w/contracts.

Last Agent to Sell the Property

Kevin Grolig

(240) 793-7495 kevin@kevingrolig.com Compass License #88508 Listed on: 06/21/2018

Compass

Last Buyer's Agent

Ruby Styslinger

(240) 372-0253 homesbyrubys@gmail.com Long & Foster Real Estate, Inc. License #516364

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,549

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Premium Lot
  • Property is in very good condition
  • Property is zoned R200

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Composition Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Screen For Fireplace
  • Fireplace Mantel
  • Double Pane Windows
  • Window Treatments
  • Combination Kitchen and Living
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Basement with some natural light

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 161001753598

Community Details

Overview

  • Fallsreach Subdivision, Awesome! Floorplan
  • Fallsreach Hoa Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,549

Year Built

Built in 1980

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1980
  • Remarks Public: Awesome colonial in the highly sought after community of Falls Reach. Gleaming hardwood floors throughout the main and upper levels. First floor ofc. Freshly painted, new w/w in the lower level. Newly replaced Thompson Creek windows. Private fenced rear yard w/deck & upgraded landscaping. Paver driveway & front porch. Much more. Must have GCAAR Financial Info & Pre Approval Ltr w/contracts.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven - Single, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Dining Area, Breakfast Area, Kitchen - Eat-In, Combination Kitchen/Living, Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Double Pane
  • Fireplace Features: Screen, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Daylight, Partial, Connecting Stairway
  • Living Area Units: Square Feet
  • Street Number Modifier: 9247

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick, Brick Front
  • 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, Attached, Asphalt Driveway
  • Parking Space Number Assigned: 2
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 275.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: 682.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 318500.00
  • Land Assessed Value: 436500.00
  • Lot Features: Premium, Landscaping
  • Lot Size Acres: 0.30
  • Lot Size Area: 13278
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13278.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: R200

Green Features

  • Green Verification: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13987376
  • Tax Annual Amount: 9548.70
  • Assessor Parcel Number: 161001753598
  • Tax Lot: 4
  • Tax Total Finished Sq Ft: 2700
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/13/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 13, 2018
Sold by
Eighmey Louis W and Eighmey Kathleen M
Bought by
Mao Jianming and Jiang Rong
Seller's Agent
Kevin Grolig
Compass
Buyer's Agent
Ruby Styslinger
Long & Foster Real Estate, Inc.
List Price
$910,000
Sold Price
$920,000
Premium/Discount to List
$10,000
1.1%
Current Estimated Value
$1,288,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,582
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Eighmey Louis W and Eighmey M K
Bought by
Eighmey Louis W Et Al Tr
Source: Public Records

Range of Values:

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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
Mao Jianming $920,000 First American Title Ins Co
Eighmey Louis W Et Al Tr -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $920,000 +1.1% $341 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $910,000 -- $337 / 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 $11,817 $1,049,000 $436,500 $612,500
2024 $11,817 $973,733 $0 $0
2023 $10,239 $898,467 $0 $0
2022 $8,927 $823,200 $436,500 $386,700
2021 $8,608 $800,467 $0 $0
2020 $8,325 $777,733 $0 $0
2019 $8,046 $755,000 $436,500 $318,500
2018 $8,035 $755,000 $436,500 $318,500
2017 $8,857 $755,000 $0 $0
2016 -- $798,000 $0 $0
2015 $8,368 $785,867 $0 $0
2014 $8,368 $773,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001916122

Bright MLS

APN: 10-01753598