L
Seller's Agent in 2021
Lily Baybordi
Realty Advantage of Maryland LLC
(301) 529-2563
2 in this area
11 Total Sales
9524 Reach Rd Potomac, MD 20854
Estimated Value: $1,326,000 - $1,382,000
4
Beds
5
Baths
3,060
Sq Ft
$442/Sq Ft
Est. Value
Highlights
- Eat-In Gourmet Kitchen
- View of Trees or Woods
- Colonial Architecture
- Beverly Farms Elementary School Rated A
- Open Floorplan
- Wooded Lot
About This Home
As of March 2021Beautiful Colonial On Wooded Lot in Desirable FALLSREACH Community In Potomac. Character and charm await you! A MUST SEE! This stunning home is tastefully updated to include gleaming hardwood floors on all levels. Double door entry opens to a welcoming foyer leading to the gracious formal living room and dining room. The library/office is finished with beautiful wood panels. The family room includes a gas burning fireplace with a magnificent stone wall leading to a beautiful deck to enjoy your private and peaceful oasis. The updated gourmet kitchen offers GE Profile appliances, a large custom island, granite countertops, granite tiles kitchen floor, and an eat-in area with a bay window overlooking the serene private yard. The upper level includes an expansive master bedroom with an en-suite, offering separate shower, a free-standing soaking tub, and large closets. There are three additional spacious bedrooms, an additional full bath, and a half bath and a laundry room located on the upper level. The finished walkout lower level offers a large Rec room, Game Room, and a full bath. Large windows with views from every room to the outdoors. All window treatments convey. This beautiful home comes with a long 2-car tandem garage.
Last Agent to Sell the Property
Realty Advantage of Maryland LLC License #21488 Listed on: 12/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,056
Year Built
- Built in 1982 | Remodeled in 2007
Lot Details
- 0.25 Acre Lot
- Landscaped
- Wooded Lot
- Backs to Trees or Woods
- Back Yard
- Property is in very good condition
- Property is zoned R200
HOA Fees
- $59 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Driveway Spaces
- Front Facing Garage
Property Views
- Woods
- Garden
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 3,060 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Chair Railings
- Crown Molding
- Stone Fireplace
- Gas Fireplace
- Window Treatments
- Wood Frame Window
- Double Door Entry
- Great Room
- Family Room
- Living Room
- Dining Room
- Library
- Game Room
- Wood Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Room
- Double Oven
- Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 161001865801
Community Details
Overview
- Association fees include trash, snow removal, common area maintenance
- Fallsreach Homeowners Association, Inc. HOA
- Fallsreach Subdivision
Amenities
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2020
Closed on
Mar 1, 2021
Sold by
Carapetian Ara and Carapetian Louiza
Bought by
Cox Michael A
Seller's Agent
Lily Baybordi
Realty Advantage of Maryland LLC
Buyer's Agent
Mary Noone
Compass
List Price
$995,000
Sold Price
$1,003,500
Premium/Discount to List
$8,500
0.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,302
Avg. Annual Appreciation
7.13%
Original Mortgage
$969,054
Interest Rate
3.1%
Mortgage Type
VA
Purchase Details
Closed on
Aug 8, 1994
Sold by
Goldberg Sheldon L
Bought by
Carapetian Ara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.4%
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 |
|---|---|---|---|
| Cox Michael A | $1,003,500 | Allied Title & Escrow Llc | |
| Carapetian Ara | $430,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cox Michael A | $969,054 | |
| Previous Owner | Carapetian Ara | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2021 03/09/21 | Sold | $1,003,500 | +0.9% | $328 / Sq Ft |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- |
| 12/12/2020 12/12/20 | For Sale | $995,000 | -- | $325 / Sq Ft |
Source: Bright MLS
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 |
|---|---|---|---|---|
| 2024 | $12,223 | $1,009,033 | $0 | $0 |
| 2023 | $10,249 | $899,267 | $0 | $0 |
| 2022 | $8,555 | $789,500 | $425,100 | $364,400 |
| 2021 | $8,467 | $787,633 | $0 | $0 |
| 2020 | $8,414 | $785,767 | $0 | $0 |
| 2019 | $7,583 | $783,900 | $425,100 | $358,800 |
| 2018 | $8,354 | $783,900 | $425,100 | $358,800 |
| 2017 | $9,196 | $783,900 | $0 | $0 |
| 2016 | $8,306 | $827,500 | $0 | $0 |
| 2015 | $8,306 | $806,633 | $0 | $0 |
| 2014 | $8,306 | $785,767 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Mary Noone
Compass
(240) 461-3928
6 in this area
110 Total Sales
-
Buyer Co-Listing Agent in 2021
Trent Heminger
Compass
(202) 210-6448
5 in this area
778 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC737328
APN: 10-01865801
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