8701 Great Falls Road

8701 Great Falls Road in Potomac, MD was first built in 2010 and is 14 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 8 full bathrooms. There are 10 partial bathrooms. The basement is 2,000 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 42,108 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of slate. For those who need parking, there is a mixed used garage. The garage is 972 sqft. There are a total of 6 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D-. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $29,664 in taxes each year. 8701 Great Falls Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,640,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.