NOT LISTED FOR SALE

Grosvenor Park III 10401 Grosvenor Place Unit 1501 Rockville, MD 20852

Estimated Value: $347,867 - $388,000

3 Beds
2 Baths
1,494 Sq Ft
$1,158/mo HOA Fee

Last Sold July 31, 2015

Last sale price $350,000 $234 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,380/month

97 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Grosvenor-Strathmore
  • Community Lake
  • Ashburton Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of July 2015

Price Reduction!!! Wonderfully renovated and rarely available 3 bedroom unit. No expense spared. Kitchen with superb new cabinets, stainless steel appliances, marble counter tops, hardwood floors,custom tile and vanities in bathrooms, master bedroom w/ private bath, brand new heat/ac units, etc. Luxury hi-rise w/ 24 hour front desk, fitness room, pool, tennis courts, market and Grosvenor Metro.

Last Agent to Sell the Property

Olisa Akpati

(703) 963-2016 oakpati@gmail.com Fairfax Realty Select Listed on: 04/09/2015

Fairfax Realty Select

Last Buyer's Agent

Scott Mogar

(240) 394-9350 homes@mogar.com RE/MAX Advantage Realty

RE/MAX Advantage Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,414

Year Built

  • Built in 1979

Lot Details

  • 1,786

HOA Fees

  • $1,158 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,494 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Walter Johnson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160401938942

Community Details

Overview

  • Moving Fees Required
  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, parking fee, road maintenance, sewer, trash, water
  • High-Rise Condominium
  • Grosvenor Park III Community
  • Grosvenor Park Subdivision
  • The community has rules related to moving in times
  • Community Lake

Amenities

  • Common Area
  • Beauty Salon
  • Community Center
  • Party Room
  • Community Library
  • Laundry Facilities
  • Elevator
  • Convenience Store

Recreation

  • Community Playground
  • Jogging Path

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,414

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1,158 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2015-04-10
  • Year Built: 1979
  • Remarks Public: Price Reduction!!! Wonderfully renovated and rarely available 3 bedroom unit. No expense spared. Kitchen with superb new cabinets, stainless steel appliances, marble counter tops, hardwood floors,custom tile and vanities in bathrooms, master bedroom w/ private bath, brand new heat/ac units, etc. Luxury hi-rise w/ 24 hour front desk, fitness room, pool, tennis courts, market and Grosvenor Metro.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 11-15
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1494
  • Living Area Sq Ft: 1494
  • Price Per Sq Ft: 240.90
  • Above Grade Finished Sq Ft: 1494
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 10401

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Underground

Utilities

  • Refuse: 20.27
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1157.84
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Beauty Salon, Common Grounds, Convenience Store, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Jog/Walk Path, Lake, Library, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground, Community Center
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Parking Fee, Road Maintenance, Sewer, Trash, Water
  • HOA Condo Co-Op Rules: Moving In Times, Moving Fees Required, Pets - Not Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: WALTER JOHNSON
  • School District Key: 121138126809
  • High School: WALTER JOHNSON

Lot Info

  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: R10

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3414.34
  • Assessor Parcel Number: 160401938942
  • Tax Total Finished Sq Ft: 1494
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 07/31/2015

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jul 31, 2015
Sold by
Metro Area Management Llc
Bought by
Koga Minako
Seller's Agent
Olisa Akpati
Fairfax Realty Select
Buyer's Agent
Scott Mogar
RE/MAX Advantage Realty
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Current Estimated Value
$367,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,967
Avg. Annual Appreciation
0.70%

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 26, 2015
Sold by
The Secretary Department Of Housing & Ur
Bought by
Metro Area Management Llc
Seller's Agent
Diana DiPeppe
CENTURY 21 New Millennium
Buyer's Agent
Olisa Akpati
Fairfax Realty Select
List Price
$230,000
Sold Price
$212,000
Premium/Discount to List
-$18,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
172.56%
Original Mortgage
$255,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 8, 2014
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop
Seller's Agent
Diana DiPeppe
CENTURY 21 New Millennium
Buyer's Agent
Olisa Akpati
Fairfax Realty Select
List Price
$230,000
Sold Price
$212,000
Premium/Discount to List
-$18,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 11, 2009
Sold by
Atchison Bernard J
Bought by
Morris Marianne E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koga Minako $350,000 Chicago Title Insurance Co
Metro Area Management Llc $212,000 First American Title Company
The Secretary Of Housing & Urban Develop -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Morris Marianne E $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metro Area Management Llc $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $350,000 -2.8% $234 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
07/08/2015 07/08/15 Price Changed $359,900 -1.4% $241 / Sq Ft
06/25/2015 06/25/15 Price Changed $364,900 -1.4% $244 / Sq Ft
06/15/2015 06/15/15 For Sale $369,900 0.0% $248 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/28/2015 05/28/15 Price Changed $369,900 -1.3% $248 / Sq Ft
05/20/2015 05/20/15 Price Changed $374,900 -3.8% $251 / Sq Ft
05/13/2015 05/13/15 Price Changed $389,900 -1.3% $261 / Sq Ft
05/08/2015 05/08/15 Price Changed $394,900 -1.2% $264 / Sq Ft
05/05/2015 05/05/15 Price Changed $399,700 0.0% $268 / Sq Ft
04/30/2015 04/30/15 Price Changed $399,800 0.0% $268 / Sq Ft
04/09/2015 04/09/15 For Sale $399,900 +88.6% $268 / Sq Ft
01/28/2015 01/28/15 Sold $212,000 -7.8% $187 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $230,000 0.0% $203 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $230,000 -- $203 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,345 $287,000 $86,100 $200,900
2024 $3,345 $287,000 $86,100 $200,900
2023 $0 $332,000 $99,600 $232,400
2022 $2,676 $332,000 $99,600 $232,400
2021 $0 $332,000 $99,600 $232,400
2020 $2,142 $332,000 $99,600 $232,400
2019 $3,003 $332,000 $99,600 $232,400
2018 $3,668 $332,000 $99,600 $232,400
2017 $4,020 $352,000 $0 $0
2016 -- $335,333 $0 $0
2015 $2,569 $318,667 $0 $0
2014 $2,569 $302,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002321121

Bright MLS

APN: 04-01938942