1424 Fallsmead Way Potomac MD 20854
Located in the beautiful Fallsmead neighborhood, this 4 bedroom colonial is offered at $724,000.
With over 2400 sq.ft., this is one of the larger homes in Fallsmead.
The first floor rooms are all well- sized and have hardwood flooring throughout, custom moldings and recessed lighting. The windows are original and are in moderate condition, although one in the family room is clearly broken. The kitchen could use some updating- its formica counters, dark oak cabinets and spindle railings make it look a bit dated. A large brick walled fireplace is the focal point of the family room, complemented by nice built-ins flanking the fireplace. The first floor office also has a wall of built-in cabinetry. Off the kitchen is a screened in porch that has potential to be a wonderful spot. Some wood on the porch framing is rotted and needs attention, but the porch overlooks the yard and has a relaxing feel. A two car garage completes the first level.
Upstairs are four bedrooms and two baths- all bedrooms with hardwood floors under carpeting. The bathrooms have been somewhat updated but the master bath definitely needs some additional work.
The finished basement is not a walk out basement, but it has a small room off of the recreation room and a full bath.
Throughout the home. there is wallpaper that the new owners are likely to remove and several rooms that need updating. The roof does not appear to be newer but the exterior is in decent condition.
The Fallsmead community features the Fallsmead pool, pond, playground, tennis courts and 19 acre park. Fallsmead has a swim team in the Montgomery County Summer League.
The HOA dues are currently $1100/year and include use of the pool, pond, park, playground and tennis courts.
According to the MCPS website, residents of this home would currently attend Fallsmead Elementary School, Robert Frost Middle School and Wootton High School. All three are within walking distance and there is school bus service from this home to Fallsmead Elementary but not to the middle and high schools.
A home of similar size and in similar condition, but with a one car garage, a smaller lot and one less bath, sold in the spring for $700,000 with the sellers paying a $12,000 seller subsidy. Houses of similar size, but in better condition, have been selling in the $760,000-$785,000 range.
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