9505 Falls Rd Potomac, MD 20854
Estimated Value: $1,190,000 - $1,351,000
Studio
4
Baths
2,706
Sq Ft
$468/Sq Ft
Est. Value
About This Home
This home is located at 9505 Falls Rd, Potomac, MD 20854 and is currently estimated at $1,266,440, approximately $468 per square foot. 9505 Falls Rd is a home located in Montgomery County with nearby schools including Madison Elementary School, Morton Elementary School, and Potomac Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2008
Sold by
Fones Joseph E Tr
Bought by
Heyman Cory S and Simpson Heather M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$421,598
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$844,842
Purchase Details
Closed on
May 21, 2008
Sold by
Fones Joseph E Tr
Bought by
Heyman Cory S and Simpson Heather M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Outstanding Balance
$421,598
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$844,842
Purchase Details
Closed on
Jun 5, 1996
Sold by
Fones Joseph E
Bought by
Joseph E Fones Tr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heyman Cory S | $950,000 | -- | |
| Heyman Cory S | $950,000 | -- | |
| Joseph E Fones Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heyman Cory S | $655,000 | |
| Closed | Heyman Cory S | $655,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,221 | $975,700 | $480,800 | $494,900 |
| 2024 | $11,221 | $935,867 | $0 | $0 |
| 2023 | $11,435 | $896,033 | $0 | $0 |
| 2022 | $9,164 | $856,200 | $480,800 | $375,400 |
| 2021 | $8,454 | $827,633 | $0 | $0 |
| 2020 | $8,454 | $799,067 | $0 | $0 |
| 2019 | $8,122 | $770,500 | $480,800 | $289,700 |
| 2018 | $8,129 | $770,500 | $480,800 | $289,700 |
| 2017 | $8,285 | $770,500 | $0 | $0 |
| 2016 | -- | $814,000 | $0 | $0 |
| 2015 | $7,763 | $796,967 | $0 | $0 |
| 2014 | $7,763 | $779,933 | $0 | $0 |
Source: Public Records
Map
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