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1913 South Fallsmead Way

1913 South Fallsmead Way, Potomac, MD 20854
Property in Horizon Hill
Sold Mar 18, 2021
$780,000
$620,000 by Contour Mortgage Corp
Mortgage Due Mar 01, 2051
1913 South Fallsmead Way in Potomac, MD was first built in 1977 and is 47 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1913 South Fallsmead Way has 2,184 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 19, 2021 for $780,000. That's $357.14 per sqft. 1913 South Fallsmead Way was last assessed in 2023. The total value of the property was assessed at $629,400. Specifically, the land the property is located on was valued at $378,500. While improvements on the property were assessed at a total of $250,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,323. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 2,184
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HORIZON HILL
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HORIZON HILL SEC H

Ownership

  • Current Owner : KAPLAN STEVEN
  • Current Owner 2: FITZGERALD MELISSA
  • Previous Owner : MATELIS JOSEPH J
  • Previous Owner 2: MATELIS BERNARDINE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 701210

Zoning

  • Zoning: R90

Geography

  • Assessors Map Reference: FR61
  • Account Number: 01740610
  • District: 04
  • Section: H
  • Parcel: 04-01740610
  • Block: J
  • Lot: 42
  • Municipality: ROCKVILLE
  • Latitude: 39.0716
  • Longitude: -77.1822

    Address

  • Full Address: 1913 S Fallsmead Way
  • Address - House Number: 1913
  • Street Direction: S
  • Address - Street Name: Fallsmead
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Potomac
  • Carrier Code: C031
  • 4-Digit Zip Code: 2640
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,323
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 910,508
  • High Value: 1,047,796
  • Low Value: 773,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $620,000
  • First Open Lien Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 18, 2021
  • First Open Lien Mortgage Loan Amount: $620,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $629,400
  • Market Land Value: $378,500
  • Market Improvement Value: $250,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $629,400
  • Assessed Land Value: $378,500
  • Assessed Improvements Value: $250,900

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Mar 18, 2021
  • Current Sale Transaction ID: 11833594609
  • Current Sale Price: $780,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONTOUR MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 18, 2021
  • First Mortgage Loan Amount: $620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Rockville



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Frequently Asked Questions

What neighborhood is 1913 South Fallsmead Way located in?
The 1913 South Fallsmead Way is a located in the neighborhood of Horizon Hill in Rockville, Potomac.
What is the average sales price for listings in 1913 South Fallsmead Way?
The average sales price for units in 1913 South Fallsmead Way is $0 currently.

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