NOT LISTED FOR SALE

12532 Falconbridge Dr North Potomac, MD 20878

Estimated Value: $846,000 - $907,000

4 Beds
3.5 Baths
2,876 Sq Ft
$305/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $670,000 $233 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,577/month

3 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Workshop
  • Jones Lane Elementary School Rated A
  • Wood Flooring
  • Stainless Steel Appliances

About This Home

As of November 2020

*****Welcome to this recently updated, FIVE STAR, 4 bedroom, 3.5 bath home in Potomac Chase. This home welcomes you with extensive landscaping and has a large, expansive backyard. Home features refinished hardwood flooring, complete interior neutral paint, new lighting fixtures in foyer, dining room and upstairs hallway, energy efficient windows, exterior power wash and paint (2020), A/C unit/Hot water within the past 3 years. Renovated MASTER BATH and main level bathroom (Sept 2020). The interior features a woodburning fireplace, lower level recreation room and plenty of space for entertaining. Beyond the extensive renovations above, this home offers large open spaces inside but is complimented fully finished basement. NEW Washer/Dryer/Sink and workshop table to convey. NEW double sliding glass doors off the family room. This exquisite feature overlooks a large backyard, perfect for the whole family. Short walk to elementary school and Aberdeen Park while also offering a quiet, friendly neighborhood with plenty of resources nearby. Exclusive Women's Club in the community for all to be a part of neighborhood activities!*****

Last Listed By

Kristy Deal

Compass License #674914 Listed on: 10/14/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,261

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Property is in excellent condition
  • Property is zoned R200

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Brick Fireplace
  • Double Pane Windows
  • Sliding Windows
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Connecting Stairway
  • Shelving
  • Workshop
  • Laundry in Basement
  • Basement Windows

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Outdoor Grill
  • Play Equipment
  • Porch

Schools

  • Jones Lane Elementary School
  • Ridgeview Middle School
  • Quince Orchard High School

Utilities

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

Community Details

  • Potomac Chase Subdivision

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 160602473315

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,261

Year Built

Built in 1985

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • Inclusions: Grill, Lawn/Tools, Basketball Net
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Remarks Public: *****Welcome to this recently updated, FIVE STAR, 4 bedroom, 3.5 bath home in Potomac Chase. This home welcomes you with extensive landscaping and has a large, expansive backyard. Home features refinished hardwood flooring, complete interior neutral paint, new lighting fixtures in foyer, dining room and upstairs hallway, energy efficient windows, exterior power wash and paint (2020), A/C unit/Hot water within the past 3 years. Renovated MASTER BATH and main level bathroom (Sept 2020). The interior features a woodburning fireplace, lower level recreation room and plenty of space for entertaining. Beyond the extensive renovations above, this home offers large open spaces inside but is complimented fully finished basement. NEW Washer/Dryer/Sink and workshop table to convey. NEW double sliding glass doors off the family room. This exquisite feature overlooks a large backyard, perfect for the whole family. Short walk to elementary school and Aberdeen Park while also offering a quiet, friendly neighborhood with plenty of resources nearby. Exclusive Women's Club in the community for all to be a part of neighborhood activities!*****
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Freezer, Icemaker, Oven - Single, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
  • Flooring Type: Hardwood, Partially Carpeted
  • Interior Amenities: Attic/House Fan, Built-Ins, Carpet, Ceiling Fan(s), Combination Dining/Living, Family Room Off Kitchen, Floor Plan - Traditional, Floor Plan - Open, Kitchen - Eat-In, Pantry, Recessed Lighting, Tub Shower, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Sliding
  • Fireplace Features: Fireplace - Glass Doors, Screen, Wood, Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Partial, Fully Finished, Heated, Improved, Shelving, Windows, Workshop, Connecting Stairway
  • Laundry Type: Basement
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 2876
  • Price Per Sq Ft: 313.10
  • Above Grade Finished Sq Ft: 2076
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 324
  • Total Below Grade Sq Ft: 1124
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 12532

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Bbq Grill, Play Equipment
  • Roof: Architectural Shingle
  • Spa: No
  • 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
  • Garage Features: Garage - Front Entry, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 275.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: JONES LANE
  • Middle School: RIDGEVIEW
  • High School: QUINCE ORCHARD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: JONES LANE
  • High School: QUINCE ORCHARD
  • Middle Or Junior School: RIDGEVIEW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 310400.00
  • Land Assessed Value: 222800.00
  • Land Use Code: 011
  • Lot Size Acres: 0.32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13865.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13857448
  • Tax Annual Amount: 6261.00
  • Assessor Parcel Number: 160602473315
  • Tax Lot: 42
  • Tax Total Finished Sq Ft: 2876
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Nov 30, 2020
Sold by
Cochrane Bruce H and Cochrane Patricia K
Bought by
Mead Ashley E and Mead Ryan C
Seller's Agent
Kristy Deal
Compass
Buyer's Agent
Merilee Paran
Compass
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Total Days on Market
3
Current Estimated Value
$878,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,109
Avg. Annual Appreciation
6.32%
Original Mortgage
$536,000
Outstanding Balance
$484,833
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$393,117

Purchase Details

Closed on
Oct 16, 1995
Sold by
Grever Michael R
Bought by
Cochrane Bruce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.71%

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
Mead Ashley E $670,000 Pinnacle Settlement Svcs Inc
Cochrane Bruce H $240,000 --
K Bruce H $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mead Ashley E $536,000
Previous Owner Cochrane Bruce H $100,000
Previous Owner Cochrane Bruce H $265,000
Previous Owner Cochrane Patricia K $175,000
Previous Owner Cochrane Bruce H $92,000
Closed Cochrane Bruce H $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $670,000 +3.1% $233 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $650,000 -- $226 / 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
2024 $7,959 $652,500 $234,000 $418,500
2023 $8,239 $618,600 $0 $0
2022 $6,168 $584,700 $0 $0
2021 $5,739 $550,800 $222,800 $328,000
2020 $11,300 $544,933 $0 $0
2019 $5,570 $539,067 $0 $0
2018 $5,508 $533,200 $222,800 $310,400
2017 $5,340 $515,767 $0 $0
2016 $4,952 $498,333 $0 $0
2015 $4,952 $480,900 $0 $0
2014 $4,952 $480,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC730214

Bright MLS

APN: 06-02473315