NOT LISTED FOR SALE

316 Redland Blvd Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $652,000 - $775,000

3 Beds
4 Baths
1,612 Sq Ft
$449/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $545,000 $338 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,789/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • Contemporary Architecture
  • Breakfast Area or Nook
  • College Gardens Elementary School Rated A
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2016

Large 3 bedroom townhouse with 2 full baths, 2 half baths, 2 car garage in sought after King Farm; Additional study room, fire place and many more desirable features; Walking distance to shopping, restaurants; Free shuttle to SG Metro, Free fitness clubs, 3 swimming pools; Great for commuters; minutes to I-270 & 355.

Last Agent to Sell the Property

Donald Weaver

RE/MAX Allegiance Listed on: 08/26/2016

RE/MAX Allegiance

Last Buyer's Agent

Matthew Modesitt

HomeSmart

HomeSmart

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 2001

Lot Details

  • 1,524 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Schools

  • College Gardens Elementary School
  • Julius West Middle School
  • Richard Montgomery High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • King Farm Watkins Pond Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 160403288021
  • $331 Front Foot Fee per year

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,320

Year Built

Built in 2001

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2001
  • Remarks Public: Large 3 bedroom townhouse with 2 full baths, 2 half baths, 2 car garage in sought after King Farm; Additional study room, fire place and many more desirable features; Walking distance to shopping, restaurants; Free shuttle to SG Metro, Free fitness clubs, 3 swimming pools; Great for commuters; minutes to I-270 & 355.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Gourmet
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 316

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 30.68
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 100.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: COLLEGE GARDENS
  • Middle School: JULIUS WEST
  • High School: RICHARD MONTGOMERY
  • School District Key: 121138126809
  • Elementary School: COLLEGE GARDENS
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Improvement Assessed Value: 256000.00
  • Land Assessed Value: 220000.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1524
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1524.00
  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14081319
  • Tax Annual Amount: 6319.75
  • Assessor Parcel Number: 160403288021
  • Tax Lot: 13
  • Tax Total Finished Sq Ft: 1612
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 10/04/2016

Multi Family

  • Front Foot Fee: 331.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Oct 4, 2016
Sold by
Niu Lily
Bought by
Kim Jay and Kim Christine
Seller's Agent
Donald Weaver
RE/MAX Allegiance
Buyer's Agent
Matthew Modesitt
HomeSmart
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$723,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,589
Avg. Annual Appreciation
3.25%
Original Mortgage
$517,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Pemmaraju Srinivas
Bought by
Niu Lily

Purchase Details

Closed on
Jun 1, 2001
Sold by
Centex Homes
Bought by
Pemmaraju Srinivas and Pemmaraju Radha Yadavilli
Source: Public Records

Range of Values:

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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
Kim Jay $545,000 Title One Settlement Group L
Niu Lily $530,000 --
Niu Lily $530,000 --
Pemmaraju Srinivas $270,010 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jay $440,000
Closed Kim Jay $517,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $545,000 -0.9% $338 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $550,000 0.0% $341 / Sq Ft
07/10/2014 07/10/14 Rented $2,560 -1.2% --
07/10/2014 07/10/14 Under Contract -- -- --
06/13/2014 06/13/14 For Rent $2,590 -- --
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 $8,959 $642,167 -- --
2024 $8,959 $622,500 $254,100 $368,400
2023 $8,219 $600,033 $0 $0
2022 $7,448 $577,567 $0 $0
2021 $7,417 $555,100 $242,000 $313,100
2020 $14,069 $528,733 $0 $0
2019 $6,704 $502,367 $0 $0
2018 $6,401 $476,000 $220,000 $256,000
2017 $7,020 $466,667 $0 $0
2016 $5,814 $457,333 $0 $0
2015 $5,814 $448,000 $0 $0
2014 $5,814 $439,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Weaver

    Seller's Agent in 2016

    Donald Weaver

    RE/MAX

    (703) 615-3886

    55 Total Sales

    Section Image
  • Matthew Modesitt

    Buyer's Agent in 2016

    Matthew Modesitt

    HomeSmart

    (240) 449-9384

    2 in this area

    102 Total Sales

    Section Image
  • Tony Yeh

    Seller's Agent in 2014

    Tony Yeh

    United Realty, Inc.

    (202) 257-0830

    156 Total Sales

    Section Image
  • Marlboro Xon

    Seller Co-Listing Agent in 2014

    Marlboro Xon

    BHHS PenFed (actual)

    (202) 834-8343

    54 Total Sales

    Section Image
  • Ellen Lima

    Buyer's Agent in 2014

    Ellen Lima

    Realty Advantage of Maryland LLC

    (240) 426-3971

    29 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002454637

Bright MLS

APN: 04-03288021

Maryland Montgomery County Rockville 20850 King Farm

316 Redland Blvd, Rockville, MD

This home is located at 316 Redland Blvd, Rockville, MD 20850 since 26 August 2016 and is currently estimated at $723,589, approximately $448 per square foot. This property was built in 2001. 316 Redland Blvd is a home located in Montgomery County with nearby schools including College Gardens Elementary School, Julius West Middle School, and Richard Montgomery High School.

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