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$1,595,000   Price Analysis
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4901 Falstone Ave
Chevy Chase, MD 20815
4 bed 3 bath 2,176 SqFt ($732/SqFt)
8,610SqFt lot. Built 1955
Listed 2024-05-16, Taxes $13,700
Ⓧ USDA Ineligible
due to price & location

near Chevy Chase

As a general rule

* Sale Pending *

I do not write in first-person in marketing. Nor do I touch on the personal. But as a native of the town Somerset (Somerset Elementary class of 66) and having known this family for decades, I am compelled to make an exception to both. It goes without saying this neighborhood is near and dear to me. So, it is particularly special and seems appropriate that I represent for sale one of the few remaining original owner homes. This was Florences house. It was built in 1955 and has been hers ever since. A classic mid-century charmer, there are 4 bedrooms and 3 full bathrooms, a tablespace kitchen and a daylight walkout lower level with a vast family room and bonus space. There is mature landscaping including the backyard azaleas of Somerset legend. In 2018, it made sense for Florence to move to a senior living community. The home was obviously lovingly maintained over the years. However, to position the home for its maximum value for potential tenants, substantial updates were carried out not least of which included a new kitchen (new cabinets, quartz counters, new appliances), refinished hardwood floors and freshly painted thru-out. There was primarily one tenant until 2023. Before the next [short term] tenant moved in, the interior was completely painted again, LVP flooring installed in the lower level and the rear deck rebuilt. The roof was replaced in June 2021. The HVAC, while not new, has been under a service contract for years. There are period details intact thru-out a hall bath with madmen chic blue tub and matching sink, cool 60s light fixtures, original wood paneled living room wall you get the idea. The home is indeed in excellent original condition and opportunities are endless. Perfectly livable as-is to figure out a plan, update as you go, do everything at once, add on or, as sweet as it is, take it down and start over (sad face). You simply cannot over-improve in this neighborhood. And what a wonderful neighborhood it is!

Where do I begin. In no particular order, but since its May how about the community pool, a no-cost amenity for residents with modest guest fees for non-resident friends. (Beware of an influx of new friends!) It is a particularly charming facility and a hub of activities from Memorial Day through Labor Day including the Summer Kick-Off Party, the Newcomers Welcome Party, the Nonagenarians and Juniors Ice Cream Social and - how cool is this - the Dog Swim at the end of summer. As an incorporated township with its own mayor and council. Town hall is a circa 1902 converted home with the mayors office, administrative offices, a meeting room for town meetings and space for the town's art shows. And residents can rent the space for private events. On either side of the town hall are town tennis courts and a private park with a basketball court. And what about Somerset Elementary School? Glad you asked. Yes, Montgomery County has a highly ranked school system. But each community creates its own character. I can attest to the special environment I experienced at Somerset Elementary and Somerset in general. I have several friends from that time that I am in regular contact with some several times a week. In fact, we are having a class f 66 reunion this fall with potentially 40 former classmates! Children cannot be luckier than to grow up in Somerset. I am so thankful. I take for granted the location but itis worth mentioning that Somerset is less than 2 miles to Bethesda Row and even closer to Friends Heights (and Metro). It would take an episode of Rick Stieves to chronicle all that is offer - needless to say, every possible shopping need is minutes away. Do you believe houses have souls? Florence gave this home soul until the age of 103, a true matriarch of a home that extended to kids, grandkids and fantastic grandkids. Now its your opportunity to build a soulful generational legacy for your family.


Presented by PETER LOCKER at
COMPASS.


Property MLS #MDMC2132304 from BrightMLS

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 3

Kitchen - Eat-In
Carpet
Basement

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Family Room Level: Lower 1

Carport Features: Attached Carport
Carport Spaces: 1
Parking Features: Attached Carport Spaces: 1, Driveway Spaces: 2, Attached Carport
Parking Total: 3

Lot Size Acres: 0.1976584
Lot Size Square Feet: 8609

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: SOMERSET
High School: BETHESDA-CHEVY CHASE
Middle School: WESTLAND
School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

Somerset Elementary School is a public elementary school located approximately 0.4 miles away.
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Westland Middle School is a public middle school located approximately 0.7 miles away.
directions icon Map directions

Bethesda-Chevy Chase High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Washington Episcopal School is a private elementary and middle school located approximately 0.2 miles away.
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Municipality: Town of Somerset
Annual Tax Amount: 14550.0
Source Listing Status: Pending
County: MONTGOMERY
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: MONTGOMERY
Source Neighborhood: SOMERSET
Postal Code Plus 4: 5539
Subdivision: SOMERSET
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$1,125,133
$13,700
2021$160,000 + $940,200
$1,100,200
$12,689
2019$160,000 + $940,200
$1,100,200
$13,357
2018$217,300 + $895,500
$1,112,800
$13,535
2017$unknown + $unknown
$1,048,533
$12,285
2016$141,400 + $778,600
$920,000
$10,386
2016$unknown + $unknown
$984,267
$11,738
2015$unknown + $unknown
$901,300
$10,250
2014$unknown + $unknown
$882,600
$10,139
2012$unknown + $unknown
$863,900
$9,779
2011$unknown + $unknown
$863,900
$9,373
2010$unknown + $unknown
$863,900
$8,674
2009$unknown + $unknown
$956,170
$7,515
2008$unknown + $unknown
$956,170
$5,934

Listed 2024-05-16
$1,595,000
BrightMLS
Listing removed 2023-11-11
$0
AppfolioUnits
Listing removed 2023-11-10
$5,995
BrightMLS
Listed for rent 2023-10-29
$5,995
AppfolioUnits
Listed for rent 2023-10-28
$5,995
BrightMLS
Listing removed 2019-02-27
$3,900
BrightMLS
Listing removed 2018-11-01
$3,900
ShowMojo
Listed for rent 2018-10-29
$3,900
ShowMojo
Listing removed 2018-10-26
$4,500
ShowMojo
Listing removed 2018-10-26
$4,500
BrightMLS
Listed for rent 2018-10-25
$3,900
BrightMLS
Price Changed for rent 2018-09-21
$4,500
ShowMojo
Price Changed for rent 2018-09-20
$4,500
BrightMLS
Listed for rent 2018-09-05
$4,900
ShowMojo
Listed for rent 2018-07-05
$4,900
BrightMLS

Total Square Feet Living: 2176
Year Built: 1955
Above Grade Finished Area: 1499
BelowGradeFinishedArea: 677
Below Grade Unfinished Area: 822
Construction Materials: Brick
Property Age: 69
Levels or Stories: 1
Structure Type: Detached
House Style: Ranch/Rambler
Total Area Sqft: 2998
Total Below Grade Area: 1499
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.