See Home Value
$950,000
● House - Off Market

1124 PIPESTEM PL

POTOMAC, MD 20854
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,052 Ft²
$6,351
Est. Monthly
$1,450
HOA / Fees
2.83%
Cap Rate

About This Property

This single family home has been well maintained by the original owner,  is a charming and spacious retreat nestled on a private lot spanning over half an acre with a 2 car garage and a private drive. The home offers 4 generous bedrooms and 2 full bathrooms on the upper level, ensuring plenty of space for comfortable living.  Stepping  inside you'll discover the warmth of real wood floors that flow seamlessly through the main and upper levels. The main floor boasts a separate living room and dining room, perfect for entertaining guests or enjoying quiet evenings. The cozy family room, complete with a gas fireplace, opens directly to the backyard and patio, creating an inviting space for relaxation and outdoor gatherings. The kitchen is conveniently located adjacent to the dining room and features abundant cabinetry and counter space.  A powder room bath on the main level adds to the home's functionality.  Enjoy the luxury of a private large lot, perfect for gardening, play, or simply unwinding in nature while also being a member of the Fallsmead community with amenities including a 17-acre park with walking trails, playgrounds, tennis courts, and an inviting outdoor pool set around a serene lake. All this plus the convenience of being close to downtown Rockville, multiple metro stops, Park Potomac, and Pike and Rose shopping and restaurants, with easy access to I-270 and 495. Close proximity to all 3 schools - Fallsmead ES, Frost MS, and Wootton HS.

Recent updates include Fresh paint, polished wood floors, newer windows, a newer roof, (2012) and a recently installed HVAC system(2024), . Don't miss the opportunity to make this charming Fallsmead home your own and enjoy all that this desirable community has to offer.
Unit Size
2,052 Ft²
Days on Market
40 days
Land Size
0.51 acres
Price per sqft
$486
Property Type
House
Property Taxes
$853
HOA Dues
$1,450
Year Built
1971

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Last updated: 2 years ago (Bright MLS #MDMC2142392)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Sold
Oct 15, 2024 In contract -
In contract
Sep 11, 2024 Listed by Compass $998,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,079
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALLSMEAD
  • Land Acres: 0000000507
  • 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: 00243174
  • District: 04
  • Parcel: 04-00243174
  • Block: H
  • Lot: 5
  • Municipality: ROCKVILLE
  • Latitude: 39.0717
  • Longitude: -77.1754

    Address

  • Full Address: 1124 Pipestem Pl
  • Address - House Number: 1124
  • Address - Street Name: Pipestem
  • Address - Suffix Type: Pl
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5512
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $954,113
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1433
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 954,538
  • High Value: 1,091,344
  • Low Value: 817,731

    Market Valuation

  • Market Total Value: $721,300
  • Market Land Value: $443,000
  • Market Improvement Value: $278,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,300
  • Assessed Land Value: $443,000
  • Assessed Improvements Value: $278,300

    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 1124 Pipestem Place built and last sold?
The property at 1124 Pipestem Place was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1124 Pipestem Place is $0.
What are some comparable homes to 1124 Pipestem Place?
There are currently no comparable homes to 1124 Pipestem Place.

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