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

1218 FALLSMEAD WAY

ROCKVILLE, MD 20854
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,150 Ft²
$6,351
Est. Monthly
$1,450
HOA / Fees
2.95%
Cap Rate

About This Property

OFFER 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.
Unit Size
2,150 Ft²
Days on Market
29 days
Land Size
0.21 acres
Price per sqft
$464
Property Type
House
Property Taxes
$907
HOA Dues
$1,450
Year Built
1968

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Last updated: 2 years ago (Bright MLS #MDMC2153328)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Sold
Oct 29, 2024 In contract -
In contract
Oct 24, 2024 Listed by Redfin Corp $998,000
Listed by Redfin Corp
Aug 21, 2009 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • 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: 3
  • Basement Area: 400
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,014
  • Total Building Area: 2,150
  • Gross Building Area: 2,150
  • Building Area: 2,150
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FALLSMEAD
  • Land Acres: 0000000207
  • 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: 00242465
  • District: 04
  • Parcel: 04-00242465
  • Block: C
  • Lot: 22
  • Municipality: ROCKVILLE
  • Latitude: 39.0741
  • Longitude: -77.1711

    Address

  • Full Address: 1218 Fallsmead Way
  • Address - House Number: 1218
  • Address - Street Name: Fallsmead
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5533
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $923,889
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 969,080
  • High Value: 1,116,317
  • Low Value: 821,843

    Market Valuation

  • Market Total Value: $698,500
  • Market Land Value: $387,200
  • Market Improvement Value: $311,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $698,500
  • Assessed Land Value: $387,200
  • Assessed Improvements Value: $311,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 18, 2009
  • Current Sale Recording Date: Aug 21, 2009
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 015263
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 1218 Fallsmead Way built and last sold?
The property at 1218 Fallsmead Way was built in 1968 and last sold on Aug 18, 2009 for $655,000.
How much is this home worth?
The estimated value of the home located at 1218 Fallsmead Way is $0.
What are some comparable homes to 1218 Fallsmead Way?
There are currently no comparable homes to 1218 Fallsmead Way.

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