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Sold for $1,221,000
  • $1,221,000

    1101 Fallsmead Way, Potomac, MD 20854

    5beds
    3,776sqft
    Single Family Residence
    Built in 1973
    0.25 Acres Lot
    $1,314,400 Zestimate®
    $323/sqft
    $4,820 Estimated rent

    Home value

    $1,314,400

    $1.25M - $1.39M

    $4,820/mo

    Zestimate® history
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    What's special

    WELCOME TO 1101 FALLSMEAD WAY! STUNNING & TURN KEY READY!! Perfectly sited on a large corner lot in the highly sought-after community of Fallsmead, this outstanding 5-bedroom, 2.5-bath, 3-level colonial boasts solid workmanship, countless upgrades and many fine finishes - 3700+ square feet of living space! A welcoming entrance foyer leads to an elegant living room with floor to ceiling windows and picturesque neighborhood views. This leads to a handsome dining room, perfect for formal entertaining. The open-style updated table-space kitchen has cabinets and granite counters on 2-sides, plus stainless appliances. The kitchen also opens to two additional living spaces; a fabulous family room with a fireplace and backyard views, and a lovely sunroom addition with walls of windows and rear yard access. A half-bath and private office, are located off the main entrance hall of the residence. Level two highlights an extra-spacious primary bedroom suite, including two walk-in closets, a dressing room, and an en-suite updated full bath. Four additional generously sized bedrooms, plus full bath #2, are also on this level. Gorgeous, recently refinished hardwood floors, grace both level 1 and level 2. The fully finished lower-level provides added living spaces with a large well-designed recreation room, which connects to a separate utility/work/storage area. A substantial attached 2-car garage completes the picture. The house sits on a deep flat landscaped lot with mature trees and plantings. Fallsmead offers outstanding community amenities, including close proximity to Fallsmead Park, complete with walking paths, trails, tennis courts, pickle ball courts, tot lot, soccer field, picnic area, an attractive community pool, and more! The property is superbly located with easy access to the shops, stores, and restaurants of Downtown Rockville, Park Potomac, and Pike & Rose - all nearby! Fallsmead also offers easy access to neighborhood schools and local interstates. Rockville Metro is just a short distance away. Truly a fabulous opportunity to purchase in an exceptional community. THE PERFECT PLACE TO CALL HOME!

    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Sarro 703-625-3028,

    Compass,

    Co-Listing Agent: Christopher N Georgatsos 202-306-0022,

    Compass

    Bought with:

    VJ Derbarghamian, 0225223795

    Compass

    Source: Bright MLS,MLS#: MDMC2142390MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Basement
    • Area: 1036
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Exhaust Fan, Extra Refrigerator/Freezer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Cooktop, Washer, Water Heater, Electric Water Heater
    • Laundry: Lower Level
    Features
    • Attic, Bar, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Upgraded Countertops, 9'+ Ceilings, Dry Wall
    • Flooring: Hardwood, Carpet, Ceramic Tile, Wood
    • Doors: Insulated, Storm Door(s)
    • Windows: Energy Efficient, Atrium, Double Hung, Insulated Windows, Screens
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Brick, Mantel(s), Screen
    Interior area
    • Total structure area: 3,776
    • Total interior livable area: 3,776 sqft
    • Finished area above ground: 2,740
    • Finished area below ground: 1,036

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Faces Front, Asphalt, Attached, Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Three
    • Stories: 3
    • Exterior features: Lighting, Sidewalks, Street Lights, Play Equipment, Extensive Hardscape
    • Pool features: Community
    • Fencing: Partial,Back Yard,Privacy,Wood
    • Has view: Yes
    • View description: Garden, Street
    Lot
    • Size: 0.25 Acres
    • Features: Corner Lot/Unit, Chillum-Urban Land Complex
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 160400242897
    • Zoning: R150
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • Excellent
    • New construction: No
    • Year built: 1973
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable, Other Internet Service

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Pool
    Location
    • Region: Potomac
    • Subdivision: Fallsmead
    • Municipality: City of Rockville

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,450 annually
    • Amenities included: Bike Trail, Common Grounds, Pool, Tennis Court(s), Tot Lots/Playground, Water/Lake Privileges, Basketball Court, Jogging Path, Picnic Area, Soccer Field
    • Services included: Common Area Maintenance, Pool(s), Recreation Facility, Reserve Funds
    • Association name: FALLSMEAD HOMES CORPORATION

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/30/2024Sold$1,221,000+6.2%$323/sqft
    Source: Bright MLS #MDMC2142390 Report a problem
    8/7/2024Pending sale$1,150,000$305/sqft
    Source: Bright MLS #MDMC2142390 Report a problem
    8/2/2024Listed for sale$1,150,000$305/sqft
    Source: Bright MLS #MDMC2142390 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,019 +16.5%$842,200 +8.7%
    2024$10,314 +10%$774,700 +9.5%
    2023$9,375 +4.5%$707,200 +1.7%
    2022$8,968 +1.3%$695,433 +1.7%
    2021$8,856 +2.1%$683,667 +1.8%
    2020$8,678 -0.3%$671,900
    2019$8,705 -0.5%$671,900
    2018$8,753 -7.2%$671,900 -5.3%
    2017$9,430 +11%$709,700 +0.9%
    2016$8,496 $703,333 +0.9%
    2015$8,496 $696,967 +0.9%
    2014$8,496 $690,600
    2013-- $690,600
    2012-- $690,600 -2.8%
    2011-- $710,500 0%
    2010-- $710,580
    2009-- $710,580 -2%
    2008-- $725,100 +8.3%
    2007-- $669,542 +6.8%
    2006-- $626,706 +12.2%
    2005-- $558,430 +16.5%
    2004-- $479,476
    2003-- $479,476 +49.1%
    2002-- $321,570
    2001-- $321,570

    Find assessor info on the county website

    Neighborhood: 20854

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fallsmead
    • Middle: Robert Frost
    • High: Thomas S. Wootton
    • District: Montgomery County Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,314,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,314,400