See Home Value
$1,221,000
● House - Off Market

1101 FALLSMEAD WAY

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,740 Ft²
$7,097
Est. Monthly
$1,450
HOA / Fees
3.70%
Cap Rate

About This Property

WELCOME TO 1101 FALLSMEAD WAY!  STUNNING & TURN KEY READY!! Perfectly sited on a large corner lot in the highly sought-after community of Fallsmead, this outstanding 5-bedroom, 2.5-bath, 3-level colonial boasts solid workmanship, countless upgrades and many fine finishes - 3700+ square feet of living space!  A welcoming entrance foyer leads to an elegant living room with floor to ceiling windows and picturesque neighborhood views. This leads to a handsome dining room, perfect for formal entertaining.  The open-style updated table-space kitchen has cabinets and granite counters on 2-sides, plus stainless appliances.  The kitchen also opens to two additional living spaces; a fabulous family room with a fireplace and backyard views, and a lovely sunroom addition with walls of windows and rear yard access.  A half-bath and private office, are located off the main entrance hall of the residence.  Level two highlights an extra-spacious primary bedroom suite, including two walk-in closets, a dressing room, and an en-suite updated full bath.  Four additional generously sized bedrooms, plus full bath #2,  are also on this level.  Gorgeous, recently refinished hardwood floors, grace both level 1 and level 2.  The fully finished lower-level provides added living spaces with a large well-designed recreation room, which connects to a separate utility/work/storage area.  A substantial attached 2-car garage completes the picture.  The house sits on a deep flat landscaped lot with mature trees and plantings.  Fallsmead offers outstanding community amenities, including close proximity to Fallsmead Park, complete with walking paths, trails, tennis courts, pickle ball courts, tot lot, soccer field, picnic area, an attractive community pool, and more!  The property is superbly located with easy access to the shops, stores, and restaurants of Downtown Rockville, Park Potomac, and Pike & Rose -  all nearby!  Fallsmead also offers easy access to neighborhood schools and local interstates.  Rockville Metro is just a short distance away.  Truly a fabulous opportunity to purchase in an exceptional community.  THE PERFECT PLACE TO CALL HOME!
Unit Size
2,740 Ft²
Days on Market
23 days
Land Size
0.25 acres
Price per sqft
$420
Property Type
House
Property Taxes
$837
HOA Dues
$1,450
Year Built
1973

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Last updated: 3 years ago (Bright MLS #MDMC2142390)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Sold
Aug 8, 2024 In contract -
In contract
Aug 2, 2024 Listed by Compass $1,150,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 400
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,985
  • Total Building Area: 2,740
  • Gross Building Area: 2,740
  • Building Area: 2,740
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALLSMEAD
  • Land Acres: 0000000252
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: FALLSMEAD

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701006

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: GR11
  • Account Number: 00242897
  • District: 04
  • Parcel: 04-00242897
  • Block: A
  • Lot: 1
  • Municipality: ROCKVILLE
  • Latitude: 39.0719
  • Longitude: -77.1674

    Address

  • Full Address: 1101 Fallsmead Way
  • Address - House Number: 1101
  • Address - Street Name: Fallsmead
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5531
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $935,419
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 1,006,525
  • High Value: 1,150,783
  • Low Value: 862,268

    Market Valuation

  • Market Total Value: $707,200
  • Market Land Value: $380,300
  • Market Improvement Value: $326,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $707,200
  • Assessed Land Value: $380,300
  • Assessed Improvements Value: $326,900

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rockville


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Frequently Asked Questions

When was property at 1101 Fallsmead Way built and last sold?
The property at 1101 Fallsmead Way was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1101 Fallsmead Way is $1,161,500.
What are some comparable homes to 1101 Fallsmead Way?
There are currently no comparable homes to 1101 Fallsmead Way.

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