NOT LISTED FOR SALE

1503 Farr Rd Rockville, MD 20851

East Rockville Neighborhood

Estimated Value: $458,000 - $503,000

3 Beds
1 Bath
806 Sq Ft
$599/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $385,000 $478 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,107/month

5 Days on Market

Highlights

  • Rambler Architecture
  • Wood Flooring
  • Patio
  • Julius West Middle School Rated A
  • No HOA
  • 4-minute walk to Rockcrest Park

About This Home

As of August 2020

*Offers due Sunday, August 2nd by 8PM* Welcome to 1503 Farr Rd, Rockville, MD. This 3 bed | 1 bath rambler is perfect for buyers desiring a turnkey home. The home features, three generously size bedrooms, bathroom, large kitchen, wood floors, ceramic tile, laundry room, large backyard, patio, and more. Conveniently located close to schools, shops, dining, and less than 2 miles from Rockville Metro. This home is a must see! **Open House Remarks: Masks Required; Groups of 3 adults maximum; Follow Covid19 guidelines; If showing symptoms please do not attend**

Last Agent to Sell the Property

Daniel Llerena

RLAH @properties License #0225239937 Listed on: 07/27/2020

RLAH @properties

Co-Listed By

Andrea Medinaceli

RLAH @properties

Last Buyer's Agent

Timothy Nguyen

Taylor Properties

Taylor Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1951

Lot Details

  • 6,599 Sq Ft Lot
  • Property is zoned R60

Parking

  • On-Street Parking

Home Design

  • Rambler Architecture

Interior Spaces

  • 806 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

  • Twinbrook Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Rockcrest Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2
  • Assessor Parcel Number 160400194780

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,905

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: See Disclosures
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: See Disclosures
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-30
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: *Offers due Sunday, August 2nd by 8PM* Welcome to 1503 Farr Rd, Rockville, MD. This 3 bed | 1 bath rambler is perfect for buyers desiring a turnkey home. The home features, three generously size bedrooms, bathroom, large kitchen, wood floors, ceramic tile, laundry room, large backyard, patio, and more. Conveniently located close to schools, shops, dining, and less than 2 miles from Rockville Metro. This home is a must see! **Open House Remarks: Masks Required; Groups of 3 adults maximum; Follow Covid19 guidelines; If showing symptoms please do not attend**
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Oven/Range - Gas
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 806
  • Living Area Sq Ft: 806
  • Price Per Sq Ft: 428.04
  • Above Grade Finished Sq Ft: 806
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1503

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 20.97
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: TWINBROOK
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: TWINBROOK
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 88800.00
  • Land Assessed Value: 175500.00
  • Land Use Code: 011
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6599.00
  • Outdoor Living Structures: Patio(s)
  • Year Assessed: 2020
  • Zoning: R60
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 13819022
  • Tax Annual Amount: 3905.00
  • Assessor Parcel Number: 160400194780
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 806
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 08/31/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Aug 31, 2020
Sold by
Martinez Sara and Martinez Eder
Bought by
Aung Tun and Sung Par Len
Seller's Agent
Daniel Llerena
RLAH @properties
Buyer's Agent
Timothy Nguyen
Taylor Properties
List Price
$345,000
Sold Price
$385,000
Premium/Discount to List
$40,000
11.59%
Current Estimated Value
$482,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,727
Avg. Annual Appreciation
4.58%
Original Mortgage
$346,500
Outstanding Balance
$310,966
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$169,854

Purchase Details

Closed on
May 6, 2015
Sold by
Martinez Sara and Martinez Eder
Bought by
Martinez Sara and Martinez Eder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,546
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Aung Tun $385,000 Titan Title
Martinez Sara -- Hlc Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aung Tun $346,500
Previous Owner Martinez Sara $245,566
Previous Owner Martinez Sara $258,546
Previous Owner Mcmullen Sara $275,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $385,000 +11.6% $478 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $345,000 -- $428 / 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 $5,722 $399,733 -- --
2024 $5,722 $375,767 $0 $0
2023 $4,643 $351,800 $184,300 $167,500
2022 $4,126 $322,633 $0 $0
2021 $3,739 $293,467 $0 $0
2020 $3,330 $264,300 $175,500 $88,800
2019 $3,214 $255,300 $0 $0
2018 $3,119 $246,300 $0 $0
2017 $2,973 $237,300 $0 $0
2016 -- $229,367 $0 $0
2015 $2,607 $221,433 $0 $0
2014 $2,607 $213,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Daniel Llerena

    Real Living at Home

    (240) 876-4670

    2 in this area

    192 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Andrea Medinaceli

    Real Living at Home

    Section Image
  • Timothy Nguyen

    Buyer's Agent in 2020

    Timothy Nguyen

    Taylor Properties

    (301) 404-8386

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC717334

Bright MLS

APN: 04-00194780

Maryland Montgomery County Rockville 20851 East Rockville

1503 Farr Rd, Rockville, MD

This home is located at 1503 Farr Rd, Rockville, MD 20851 since 27 July 2020 and is currently estimated at $482,727, approximately $598 per square foot. This property was built in 1951. 1503 Farr Rd is a home located in Montgomery County with nearby schools including Twinbrook Elementary School, Julius West Middle School, and Richard Montgomery High School.

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