38 Maryland Ave Unit 212 Rockville, MD 20850
Central Rockville Neighborhood
2
Beds
1
Bath
1,187
Sq Ft
$533/mo
HOA Fee
Highlights
- Fitness Center
- 5-minute walk to Rockville
- Community Pool
- Beall Elementary School Rated A
- Contemporary Architecture
- 3-minute walk to Courthouse Square Park
About This Home
As of April 2022THIS UNIT IS SUBJECT TO AND THE BUYER AGREES TO OBIDE BY ALL RULES AND REGULATIONS AS SET FORTH IN CHAPTER 13.5 OF THE CITY OF ROCKVILLE CODE MPDU ORDINANCE AND MPDU REGULATIONS:: OWNER MUST BE a FIRST TIME BUYER and OCCUPY THE UNIT AS A PRIMERY RESIDENCE FOR THE LENGHT OF the CONTROL PERIOD and CANNOT BE RENTED TO OTHERS.. THE CONTROL PERIOD FOR EACH UNIT IS 30 YEARS. NO INCOME RESTRICTIONS
- If the unit is sold during this time, the owner must contact the city for the control price and follow the City's procedures for selling the unit.
- For the first sale after the 30-year control period, the seller must split any excess profit with the City upon selling the unit at market-rate.
Amazing condo unit in an amazing location. Step downstairs directly to the center of the town square. Surrounded by restaurants, shops, theater, pharmacy, groceries, Rockville public library. Conveniently located near Rockville Metro(Red Line) , Bus Lines and Rockville Pike (Rt 355). This is Spacious Two Bed/One Bathroom condo in the highly sought after Palladium at Rockville Town Square. Upgraded wood and Tile Flooring in the entire unit. High ceilings and plenty of natural light. Washer/dryer in unit. Large walk-in closet with built-in organizers. Conveniently located near Rockville Metro, Bus Lines and restaurants.
Last Agent to Sell the Property
Realty Advantage of Maryland LLC License #303467 Listed on: 11/25/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,510
Year Built
- Built in 2007
HOA Fees
- $533 Monthly HOA Fees
Parking
- Assigned Subterranean Space
Home Design
- 1,187 Sq Ft Home
- Contemporary Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Washer and Dryer Hookup
- Accessible Elevator Installed
Listing and Financial Details
- Assessor Parcel Number 160403592664
Community Details
Overview
- $557 Recreation Fee
- Association fees include exterior building maintenance, management, recreation facility
- Mid-Rise Condominium
- Palladian Subdivision
- Property has 6 Levels
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2021
Closed on
Apr 7, 2022
Sold by
Marina Fefer
Bought by
Loo Tiffany Pei-Zhen
Seller's Agent
rumiana chuknyiska
Realty Advantage of Maryland LLC
Buyer's Agent
Hun Duong
RLAH @properties
List Price
$301,758
Sold Price
$301,758
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,850
Avg. Annual Appreciation
8.23%
Original Mortgage
$30,175
Outstanding Balance
$28,434
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$363,909
Purchase Details
Closed on
May 8, 2007
Sold by
Rts Residential Block 5 Llc
Bought by
Fefer Marina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2007
Sold by
Rts Residential Block 5 Llc
Bought by
Fefer Marina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Rockville, MD
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $301,758 | None Listed On Document | |
| Deed | $214,900 | -- | |
| Deed | $214,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,175 | New Conventional | |
| Previous Owner | $171,900 | Stand Alone Second | |
| Previous Owner | $171,900 | Purchase Money Mortgage | |
| Previous Owner | $171,900 | Purchase Money Mortgage | |
| Previous Owner | $12,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2022 04/07/22 | Sold | $301,758 | 0.0% | $254 / Sq Ft |
| 11/25/2021 11/25/21 | For Sale | $301,758 | -- | $254 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,679 | $272,900 | $0 | $0 |
| 2023 | $2,770 | $257,900 | $77,300 | $180,600 |
| 2022 | $2,933 | $277,900 | $0 | $0 |
| 2021 | $2,818 | $267,900 | $0 | $0 |
| 2020 | $2,678 | $257,900 | $30,000 | $227,900 |
| 2019 | $2,645 | $254,567 | $0 | $0 |
| 2018 | $2,620 | $251,233 | $0 | $0 |
| 2017 | $2,612 | $247,900 | $0 | $0 |
| 2016 | -- | $242,900 | $0 | $0 |
| 2015 | $2,080 | $237,900 | $0 | $0 |
| 2014 | $2,080 | $232,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
rumiana chuknyiska
Realty Advantage of Maryland LLC
(301) 299-1000
2 in this area
79 Total Sales
-
D
Seller Co-Listing Agent in 2022
Dari Chuknyisky
Realty Advantage of Maryland LLC
(301) 395-4333
1 in this area
7 Total Sales
-
Buyer's Agent in 2022
Hun Duong
Real Living at Home
(240) 401-8457
2 in this area
10 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2024296
APN: 04-03592664
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