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8 Fallswood Court

8 Fallswood Court, Potomac, MD 20854
House in Fallswood
Sold Feb 28, 2020
$780,000
$780,000 by Guaranteed Rate Inc
Mortgage Due Mar 01, 2050
Sold Jul 16, 2008
$744,000
Buyer
Seller
$500,000 by Wachovia Mortgage Fsb
Mortgage Due Aug 01, 2038
8 Fallswood Court in Potomac, MD was first built in 1978 and is 46 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 3 full bathrooms. There are 4 partial bathrooms. 8 Fallswood Court has 2,832 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. The basement is 900 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 10,575 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 420 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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. 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 18, 2020 for $780,000. That's $403.73 per sqft. Prior to that sales transaction, the property was also sold in Jul 10, 2008 for $744,000. 8 Fallswood Court was last assessed in 2023. The total value of the property was assessed at $686,200. Specifically, the land the property is located on was valued at $398,400. While improvements on the property were assessed at a total of $287,800. 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 $657. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Brick Exterior
Metal Exterior

Driveway

Driveway

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 900
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,575
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALLSWOOD
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FALLSWOOD

Ownership

  • Current Owner : GERSTNER ERIC
  • Current Owner 2: GERSTNER DANIELLE
  • Previous Owner : GABEL DAVID HOWARD
  • Previous Owner 2: GABEL LAUREN NICOLE
  • Owner Before Previous Owner: KIM EDWARD H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R150

Geography

  • Assessors Map Reference: GR12
  • Account Number: 01737907
  • District: 04
  • Parcel: 04-01737907
  • Block: C
  • Lot: 44
  • Municipality: ROCKVILLE
  • Latitude: 39.0767
  • Longitude: -77.1707

    Address

  • Full Address: 8 Fallswood Ct
  • Address - House Number: 8
  • Address - Street Name: Fallswood
  • Address - Suffix Type: Ct
  • State: MD
  • City Name: Potomac
  • Carrier Code: C040
  • 4-Digit Zip Code: 5502
  • Zip Code: 20854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $657
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 81
  • Final Value: 926,076
  • High Value: 1,068,027
  • Low Value: 784,124

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2020
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $686,200
  • Market Land Value: $398,400
  • Market Improvement Value: $287,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $686,200
  • Assessed Land Value: $398,400
  • Assessed Improvements Value: $287,800

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11745097162
  • Current Sale Price: $780,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jul 10, 2008
  • Previous Sale Amount: $744,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE FSB
  • Previous Mortgage Transaction Date: Jul 16, 2008
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

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Frequently Asked Questions

What neighborhood is 8 Fallswood Court located in?
The 8 Fallswood Court is a house located in the neighborhood of Fallswood in Rockville, Potomac.
What is the average sales price for listings in 8 Fallswood Court?
The average sales price for units in 8 Fallswood Court is $0 currently.

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