Seller's Agent in 2024
Lisa Greaves
Redfin Corp
(240) 388-9383
1218 Fallsmead Way Potomac, MD 20854
West Rockville NeighborhoodEstimated Value: $870,000 - $1,020,000
4
Beds
2.5
Baths
2,550
Sq Ft
$382/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Community Pool
- Forced Air Heating and Cooling System
- 1 Fireplace
- 1 Car Attached Garage
About This Home
As of November 2024OFFER DEADLINE: MONDAY @ 5PM. Please have all offers in by then. This is the one you have been waiting for! This lovely, move-in ready home has it all: Fabulous location, hardwood floors, lots of light and wonderful updates. The layout has been well thought-out with a welcoming foyer full of light, that leads into the living room, which flows into the dining room and then the kitchen, all with hardwood floors. There is a separate entrance from the garage, where you can unload, away from where you welcome guests, along with a powder room that is tucked away for privacy. The kitchen has been updated with warm, rich wood cabinets, brand new stainless steel appliances and granite countertops. It's thoughtfully laid out and includes plenty of space for guests to keep the cook company, and the door out to the patio makes grilling a snap. The patio also leads back into the family room, with its cozy, brick fireplace and carpeting, perfect for more casual entertaining. The hardwood floors continue upstairs where you will find 4 bedrooms, with a potential for a 5th bedroom in the lower level, thanks to the egress window. The owner's bedroom has a walk-in closet and its own ensuite bath. Three additional bedrooms and second full bath complete the upstairs. The lower level is full of light and possibility, with a large finished space with egress window, and a large unfinished space for laundry and storage. All of this and tucked away in the sought-after community of Fallsmead, a neighborhood that offers the best of both worlds: All the amenities of a newer community, but with large shade trees and large yards of an established neighborhood. Enjoy close proximity to Fallsmead Park, with community pool, new pickleball courts, tennis courts, walking paths, trails, tot lot, soccer field, picnic area and more! The community itself feels like its own world, but is close to everything: Downtown Rockville, Park Potomac, and Pike & Rose, Rockville Metro, commuter routes. Currently assigned to Fallsmead ES, Frost MS and Wootton HS.
Last Listed By
Lisa Greaves
Redfin Corp License #SP40002315 Listed on: 10/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,886
Year Built
- Built in 1968
Lot Details
- 9,014 Sq Ft Lot
- Property is zoned R150
HOA Fees
- $121 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Driveway Space
- Garage Door Opener
Home Design
- Colonial Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- 1 Fireplace
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Fallsmead Elementary School
- Robert Frost Middle School
- Thomas S. Wootton High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 160400242465
Community Details
Overview
- Fallsmead Homes Corporation HOA
- Fallsmead Subdivision
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Nov 27, 2024
Sold by
Heitz Ryan and Lee-Heitz Jung-Jung
Bought by
Parsay Khashayar and Shetty Kamala
Seller's Agent
Lisa Greaves
Redfin Corp
Buyer's Agent
Hooman Khazei
Keller Williams Realty
List Price
$998,000
Sold Price
$1,000,000
Premium/Discount to List
$2,000
0.2%
Total Days on Market
4
Views
76
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
-$26,886
Avg. Annual Appreciation
-6.43%
Original Mortgage
$800,000
Outstanding Balance
$797,050
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$176,064
Purchase Details
Closed on
Aug 18, 2009
Sold by
Arendt Howard W and Arendt A D
Bought by
Heitz Ryan and Lee-Heitz Jung-Jung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.36%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Parsay Khashayar | $1,000,000 | Title Forward | |
| Parsay Khashayar | $1,000,000 | Title Forward | |
| Heitz Ryan | $655,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parsay Khashayar | $800,000 | |
| Closed | Parsay Khashayar | $800,000 | |
| Previous Owner | Heitz Ryan | $392,000 | |
| Previous Owner | Heitz Ryan | $403,000 | |
| Previous Owner | Heitz Ryan G | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $1,000,000 | +0.2% | $392 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $998,000 | -- | $391 / 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 | $10,886 | $763,667 | $0 | $0 |
| 2023 | $9,239 | $698,500 | $387,200 | $311,300 |
| 2022 | $8,855 | $686,667 | $0 | $0 |
| 2021 | $8,679 | $674,833 | $0 | $0 |
| 2020 | $7,871 | $663,000 | $368,800 | $294,200 |
| 2019 | $7,886 | $656,033 | $0 | $0 |
| 2018 | $8,366 | $649,067 | $0 | $0 |
| 2017 | $8,389 | $642,100 | $0 | $0 |
| 2016 | $8,046 | $633,300 | $0 | $0 |
| 2015 | $8,046 | $624,500 | $0 | $0 |
| 2014 | $8,046 | $615,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Hooman Khazei
Buyer's Agent in 2024
Hooman Khazei
Keller Williams Realty
(703) 712-0706
1 in this area
12 Total Sales
Map
Similar Homes in Potomac, MD
Source: Bright MLS
MLS Number: MDMC2153328
APN: 04-00242465
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 8 Fire Princess Ct
- 1827 Cliffe Hill Way
- 943 Willowleaf Way
- 2 Duncan Branch Ct
- 1500 W Kersey Ln
- 2434 Henslowe Dr
- 1 Orchard Way S
- 13 Chantilly Ct
- 0 Potomac Valley Rd
- 1397 Kersey Ln
- 3 Harrowgate Ct
- 216 Pender Place
- 917 Willowleaf Way
- 703 Roxboro Rd
- 712 Roxboro Rd
- 0 Wootton Unit MDMC2156258
- 206 Evans St
- 2183 Stratton Dr
- 3 Tapiola Ct
- 10 Sunrise Ct