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Sold for $535,000
  • $535,000

    12051 Gatewater Dr, Potomac, MD 20854

    3beds
    1,188sqft
    Townhouse
    Built in 1985
    1,585 Square Feet Lot
    $542,800 Zestimate®
    $450/sqft
    $2,916 Estimated rent

    Home value

    $542,800

    $499,000 - $592,000

    $2,916/mo

    Zestimate® history
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    What's special

    Separate dining areaUpdated kitchenComfortable bedrooms
    Back-on-Market! Buyer's financing fell through. Rare Opportunity in Sought-After Fallsberry Neighborhood of Potomac! Welcome to 12051 Gatewater Dr—a charming end-unit, back-to-back style townhome located in one of Montgomery County’s top-rated school districts. This delightful home features an open and inviting floor plan with a spacious living room, a separate dining area, and an updated kitchen perfect for everyday living and entertaining. Upstairs, you'll find three comfortable bedrooms and a full bath. Recent updates include a brand-new roof installed in 2025, HVAC replaced in 2018- providing peace of mind for years to come. Enjoy the convenience of two assigned parking spaces. Ideally situated near Cabin John Shopping Center, Potomac Village, and Park Potomac, this home offers easy access to shops, dining, and commuter routes. Don’t miss your chance to own in this desirable Potomac community!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anna Ensley 240-476-7421,

    Samson Properties

    Bought with:

    Brooke Heiberger, 646894

    Long & Foster Real Estate, Inc.

    Source: Bright MLS,MLS#: MDMC2184688MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Basement
    • Area: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Disposal, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Cooktop, Washer, Electric Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,188
    • Total interior livable area: 1,188 sqft
    • Finished area above ground: 1,188
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Parking Lot
    • Details: Assigned Parking, Assigned Space #: 39 & 82
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 1,585 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 161002440918
    • Zoning: PD3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Frame
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Phone Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Fallsberry
    HOA
    • Has HOA: Yes
    • HOA fee: $347 quarterly
    • HOA name: FALLSBERRY HOA
    Location
    • Region: Potomac

    Financial & listing details

    • Price per square foot: $450/sqft
    • Tax assessed value: $451,600
    • Annual tax amount: $5,577
    • Date on market: 6/20/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/6/2025Sold$535,000$450/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    10/23/2025Contingent$535,000$450/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    10/14/2025Listed for sale$535,000-2.7%$450/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    10/1/2025Contingent$550,000$463/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    9/2/2025Price change$550,000-2.7%$463/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    8/9/2025Price change$565,000-1.7%$476/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    6/27/2025Listed for sale$575,000+43.8%$484/sqft
    Source: Bright MLS #MDMC2184688 Report a problem
    4/8/2014Listing removed$1,850$2/sqft
    Source: Evergreen Properties #MC8226539 Report a problem
    9/18/2013Price change$1,850-5.1%$2/sqft
    Source: Evergreen Properties #MC8159755 Report a problem
    8/16/2013Listed for rent$1,950+2.6%$2/sqft
    Source: Evergreen Properties #MC8159755 Report a problem
    5/16/2013Listing removed$1,900$2/sqft
    Source: Evergreen Properties #MC8069179 Report a problem
    5/2/2013Listed for rent$1,900$2/sqft
    Source: Evergreen Properties #MC8069179 Report a problem
    3/15/2013Listing removed$1,900$2/sqft
    Source: Evergreen Properties #MC8024189 Report a problem
    3/7/2013Listed for rent$1,900+2.7%$2/sqft
    Source: Evergreen Properties #MC8024189 Report a problem
    3/4/2011Listing removed$1,850$2/sqft
    Source: Evergreen Properties #MC7517492 Report a problem
    1/24/2011Listed for rent$1,850$2/sqft
    Source: Evergreen Properties #MC7517492 Report a problem
    12/21/2005Sold$400,000+166.7%$337/sqft
    Source: Public Record Report a problem
    2/20/1996Sold$150,000$126/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,795 +14.5%$451,600 +2.7%
    2024$5,061 +2.7%$439,600 +2.8%
    2023$4,927 +7.4%$427,600 +2.9%
    2022$4,586 +0.3%$415,600 +0.2%
    2021$4,571 +0.2%$414,633 +0.2%
    2020$4,564 +3.8%$413,667 +0.2%
    2019$4,396 -0.2%$412,700 +3.5%
    2018$4,404 +0.4%$398,667 +3.6%
    2017$4,387 +31.9%$384,633 +3.8%
    2016$3,325 $370,600 +2.2%
    2015$3,325 $362,533 +2.3%
    2014$3,325 $354,467 +2.3%
    2013-- $346,400
    2012-- $346,400
    2011-- $346,400 -0.1%
    2010-- $346,730 +1.3%
    2009-- $342,180 +1.3%
    2008-- $337,630 +1.4%
    2007-- $333,080 +18.6%
    2006-- $280,956 +22.8%
    2005-- $228,833 +29.5%
    2004-- $176,710
    2003-- $176,710 +11.8%
    2002-- $158,116 +6.2%
    2001-- $148,820
    Find assessor info on the county website

    Neighborhood: 20854

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Beverly Farms
    • Middle: Herbert Hoover
    • High: Winston Churchill
    • 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
    $542,800
    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
    $542,800