See Home Value
$1,205,000
● House - Off Market

1415 FALLSMEAD WAY

POTOMAC, MD 20854
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,751 Ft²
$6,943
Est. Monthly
$125
HOA / Fees
3.94%
Cap Rate

About This Property

This spacious Compton model colonial home in the highly sought-after, close-knit Fallsmead community is ready for you!  Freshly painted, it features a main-level office and an updated kitchen with custom cabinets, granite countertops and access to a screened-in porch, overlooks the spacious family room with a fireplace.  

The home has newly refinished hardwood floors, new recessed lights, ceiling fans, and fixtures.  There are five bedrooms on the upper level and a fully finished lower level that includes new luxury vinyl plank flooring and a new half bath.  All other bathrooms were completely renovated in July 2025.

The separate laundry room is roomy and includes a second refrigerator, and the home features a two-car garage.  Major systems have been updated, including windows, and most recently, a new HVAC system in 2021.

Around the block, you will find access to a trail leading to a private community park, tennis courts, walking trails, a pond, playgrounds, and a pool.  Tree-lined streets with sidewalks are perfect for strolling with the kids and pups!  Public bus service is available to take you to Metro in just 8 minutes.  Commuting is easy with I-270 close by.  Shady Grove Hospital and the shopping areas of Park Potomac and Fallsgrove are also nearby.   Located in the Wootton school cluster, with all 3 schools within walking distance!  This friendly community has many social activities as well as a swim team.  Don't miss the opportunity to own this gracious, turnkey home that's ready for you to move right in!
Unit Size
3,751 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$319
Property Type
House
Property Taxes
$950
HOA Dues
$125
Year Built
1971

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Cap Rate Calculator

Last updated: 2 years ago (Bright MLS #MDMC2191818)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Sold
Aug 4, 2025 In contract -
In contract
Aug 1, 2025 Listed by Long & Foster Real Estate, Inc. $1,195,000
Listed by Long & Foster Real Estate, Inc.
Jun 5, 2006 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
With View

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: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,187
  • 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: 0000000211
  • 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: 00243117
  • District: 04
  • Parcel: 04-00243117
  • Block: G
  • Lot: 28
  • Municipality: ROCKVILLE
  • Latitude: 39.0738
  • Longitude: -77.1762

    Address

  • Full Address: 1415 Fallsmead Way
  • Address - House Number: 1415
  • Address - Street Name: Fallsmead
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5526
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $966,970
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1519
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,041,190
  • High Value: 1,199,383
  • Low Value: 882,997

    Market Valuation

  • Market Total Value: $731,000
  • Market Land Value: $388,700
  • Market Improvement Value: $342,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $731,000
  • Assessed Land Value: $388,700
  • Assessed Improvements Value: $342,300

    Sales

  • Current Sale Contract Date: May 31, 2006
  • Current Sale Recording Date: Jun 05, 2006
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50980
  • Previous Sale Recording Date: Apr 22, 2003
  • Previous Sale Document Type: 27
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 1415 Fallsmead Way built and last sold?
The property at 1415 Fallsmead Way was built in 1971 and last sold on May 31, 2006 for $840,000.
How much is this home worth?
The estimated value of the home located at 1415 Fallsmead Way is $0.
What are some comparable homes to 1415 Fallsmead Way?
There are currently no comparable homes to 1415 Fallsmead Way.

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