$165,000
SOLD APR 3, 2025
1 Bed
1 Bath
583 Sq Ft
$668/mo HOA Fee

Recently Sold

$283 Per Sq Ft

11% Below List Price

20 Days on Market

Highlights

  • Concierge
  • Traditional Architecture
  • Elevator
  • Luxmanor Elementary School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of April 2025

INVESTORS ONLY – Huge Price reduction! This stunning 1BR/1BA unit at The Forum is tenant-occupied until 10/31/25, generating $1,630/month in rental income. A fantastic opportunity to own in a prime Rockville location with built-in cash flow! The unit is professionally managed by RE/MAX R.G. Property Management.

Perched on the 16th floor, this bright and spacious unit offers breathtaking views, an open-concept living/dining area, and a well-appointed kitchen. The generously sized bedroom features ample closet space, while the full bath is sleek and modern. And the most wanted Southern facing windows are replaced in 2022. Enjoy all-inclusive condo fees covering utilities, plus exceptional building amenities: 24-hour concierge, fitness center, swimming pool, tennis courts, and more!

Unbeatable location – just steps from North Bethesda Metro, Pike & Rose, Whole Foods, and endless shopping/dining options. Easy access to I-270 & 495 makes commuting a breeze.

Showings require investor's pre-approval letter to be shared with the listing agent. Don’t miss this incredible turnkey investment in one of Montgomery County’s most desirable areas!

Last Agent to Sell the Property

Mel Golden

RE/MAX Realty Group License #0225055174 Listed on: 02/20/2025

RE/MAX Realty Group

Last Buyer's Agent

Meital Regev

Trademark Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,911

Year Built

  • Built in 1968

Lot Details

  • Property is in excellent condition

HOA Fees

  • $668 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 16th floor

Interior Spaces

  • 583 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160401610078

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, gas, heat, management, reserve funds, snow removal, water, trash
  • High-Rise Condominium
  • The Forum Subdivision

Amenities

  • Concierge
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,911

Year Built

Built in 1968

Lot Details

0

HOA Fees

$668 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1968
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: INVESTORS ONLY – Huge Price reduction! This stunning 1BR/1BA unit at The Forum is tenant-occupied until 10/31/25, generating $1,630/month in rental income. A fantastic opportunity to own in a prime Rockville location with built-in cash flow! The unit is professionally managed by RE/MAX R.G. Property Management. Perched on the 16th floor, this bright and spacious unit offers breathtaking views, an open-concept living/dining area, and a well-appointed kitchen. The generously sized bedroom features ample closet space, while the full bath is sleek and modern. And the most wanted Southern facing windows are replaced in 2022. Enjoy all-inclusive condo fees covering utilities, plus exceptional building amenities: 24-hour concierge, fitness center, swimming pool, tennis courts, and more! Unbeatable location – just steps from North Bethesda Metro, Pike & Rose, Whole Foods, and endless shopping/dining options. Easy access to I-270 & 495 makes commuting a breeze. Showings require investor's pre-approval letter to be shared with the listing agent. Don’t miss this incredible turnkey investment in one of Montgomery County’s most desirable areas!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Oven/Range - Gas, Refrigerator
  • Entry Floor: 16
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 583
  • Living Area Sq Ft: 583
  • Price Per Sq Ft: 283.02
  • Above Grade Finished Sq Ft: 583
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 11801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 668.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Management, Reserve Funds, Snow Removal, Water, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1911.00
  • Assessor Parcel Number: 160401610078
  • Tax Total Finished Sq Ft: 583
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/03/2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 3, 2025
Sold by
Aytekin Saliha Selda and Bozkurt Can
Bought by
Avissar Marc and Avissar Sara
Seller's Agent
Mel Golden
RE/MAX Realty Group
Buyer's Agent
Meital Regev
Trademark Realty, Inc
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Views
83
Current Estimated Value
$165,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863
Avg. Annual Appreciation
-1.35%

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 11, 2018
Sold by
Karus Uzi
Bought by
Aytekin Saliha Selda and Bozkurt Can
Seller's Agent
Nurit Coombe
The Agency DC
Buyer's Agent
Mel Golden
RE/MAX Realty Group
List Price
$165,000
Sold Price
$168,000
Premium/Discount to List
$3,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%

Purchase Details

Closed on
Nov 18, 2010
Sold by
Palmer Eric J
Bought by
Kraus Uzi

Purchase Details

Closed on
Sep 3, 1997
Sold by
Karlin Karen S
Bought by
Palmer Eric J
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 Type Sale Price Title Company
Deed $165,000 Classic Settlements
Deed $165,000 Classic Settlements
Deed $168,000 Rgs Title Llc
Deed $125,000 --
Deed $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $165,000 0.0% $283 / Sq Ft
03/11/2025 03/11/25 Price Changed $165,000 -10.8% $283 / Sq Ft
02/20/2025 02/20/25 For Sale $185,000 0.0% $317 / Sq Ft
11/02/2021 11/02/21 Rented $1,500 0.0% --
10/28/2021 10/28/21 Under Contract -- -- --
10/13/2021 10/13/21 Price Changed $1,500 -4.8% $3 / Sq Ft
08/06/2021 08/06/21 For Rent $1,575 0.0% --
05/10/2018 05/10/18 Sold $168,000 -3.9% $288 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/30/2018 04/30/18 Price Changed $174,900 +6.0% $300 / Sq Ft
04/30/2018 04/30/18 For Sale $165,000 0.0% $283 / Sq Ft
03/15/2017 03/15/17 Rented $1,300 -7.1% --
03/06/2017 03/06/17 Under Contract -- -- --
01/30/2017 01/30/17 For Rent $1,400 -- --
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 $1,911 $162,000 $48,600 $113,400
2024 $1,911 $162,000 $48,600 $113,400
2023 $2,140 $182,000 $54,600 $127,400
2022 $1,976 $175,333 $0 $0
2021 $2,415 $168,667 $0 $0
2020 $0 $162,000 $48,600 $113,400
2019 $1,131 $162,000 $48,600 $113,400
2018 $1,134 $162,000 $48,600 $113,400
2017 $2,098 $182,000 $0 $0
2016 $1,891 $179,333 $0 $0
2015 $1,891 $176,667 $0 $0
2014 $1,891 $174,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2167032

Bright MLS

APN: 04-01610078