NOT LISTED FOR SALE

38 Maryland Ave Unit 310 Rockville, MD 20850

Central Rockville Neighborhood

Estimated Value: $272,000 - $338,000

1 Bed
1 Bath
840 Sq Ft
$391/mo HOA Fee

Last Sold May 17, 2024

Last sale price $255,000 $304 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,311/month

149 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Rockville
  • Community Indoor Pool
  • Beall Elementary School Rated A
  • Contemporary Architecture
  • 3-minute walk to Courthouse Square Park

About This Home

As of May 2024

PRICED BELOW MARKET VALUE! OPPORTUNITY KNOCKS!!!! PRIME LOCATION***PROPERTY BEING SOLD IS AN MPDU AND IS SUBJECT TO ALL RULES AND REGULATIONS AS SET FOURTH IN THE CITY OF ROCKVILLE MPDU ORDINANCE AND REGULATIONS*** NO INCOME RESTRICTIONS****Spacious one bedroom, one bath condominium located in prime location in the heart of Rockville Town Square and only two blocks from Metro! The unit features 840 square feet of finished living space and a covered garage space in the building garage. Recent improvements include brand new 2023 GE stainless steel kitchen appliances, new luxury vinyl plank flooring in kitchen and laundry room, new plush carpeting, and fresh paint. The building amenities include a club room, outside terrace, and fitness center. There also is a pool in the building across the street that is available to unit owners. The property is within minutes of Starbucks, many restaurants, Rockville Cinemas, Rockville Library, and Rockville Town Center Park. Don't miss this excellent opportunity in a location that can't be beat!

Last Agent to Sell the Property

Timothy Horst

(301) 370-3864 Team@TimHorst.com Long & Foster Real Estate, Inc. License #76868 Listed on: 11/17/2023

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Drew Lowe

(301) 830-1398 drew@scottteamint.com Long & Foster Real Estate, Inc. License #0225264995

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $391 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #16

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 840 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Tile or Brick
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403592937

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management
  • Mid-Rise Condominium
  • Palladian Subdivision
  • Property Manager

Amenities

  • Party Room

Recreation

  • Fitness Center
  • Community Indoor Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,889

Year Built

Built in 2007

Lot Details

0

HOA Fees

$391 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Assigned Parking Space Numbers: 16
  • Automatically Close On Close Date: No
  • Remarks Public: PRICED BELOW MARKET VALUE! OPPORTUNITY KNOCKS!!!! PRIME LOCATION***PROPERTY BEING SOLD IS AN MPDU AND IS SUBJECT TO ALL RULES AND REGULATIONS AS SET FOURTH IN THE CITY OF ROCKVILLE MPDU ORDINANCE AND REGULATIONS*** NO INCOME RESTRICTIONS****Spacious one bedroom, one bath condominium located in prime location in the heart of Rockville Town Square and only two blocks from Metro! The unit features 840 square feet of finished living space and a covered garage space in the building garage. Recent improvements include brand new 2023 GE stainless steel kitchen appliances, new luxury vinyl plank flooring in kitchen and laundry room, new plush carpeting, and fresh paint. The building amenities include a club room, outside terrace, and fitness center. There also is a pool in the building across the street that is available to unit owners. The property is within minutes of Starbucks, many restaurants, Rockville Cinemas, Rockville Library, and Rockville Town Center Park. Don't miss this excellent opportunity in a location that can't be beat!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Dishwasher
  • Entry Floor: 3
  • Flooring Type: Carpet, Luxury Vinyl Plank, Tile/Brick
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Laundry, Full Bath
  • Basement: No
  • Total Sq Ft: 840
  • Living Area Sq Ft: 840
  • Price Per Sq Ft: 309.40
  • Above Grade Finished Sq Ft: 840
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), 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: Yes
  • Condo Co-Op Fee: 391.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Party Room, Pool - Indoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: BEALL
  • 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: BEALL
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Lot Info

  • Land Use Code: U
  • Year Assessed: 2023
  • Zoning: TC4
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3889.00
  • Assessor Parcel Number: 160403592937
  • Tax Total Finished Sq Ft: 840
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/17/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
May 17, 2024
Sold by
Colburn Patrick J
Bought by
Schaffer Steven H
Seller's Agent
Timothy Horst
Long & Foster Real Estate, Inc.
Buyer's Agent
Drew Lowe
Long & Foster Real Estate, Inc.
List Price
$299,900
Sold Price
$255,000
Premium/Discount to List
-$44,900
-14.97%
Views
689
Current Estimated Value
$308,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,276
Avg. Annual Appreciation
15.33%
Original Mortgage
$204,000
Outstanding Balance
$201,326
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$106,950

Purchase Details

Closed on
Sep 19, 2007
Sold by
Rts Residential Block 5 Llc
Bought by
Colburn Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,900
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Schaffer Steven H $255,000 Peak Settlements
Schaffer Steven H $255,000 Peak Settlements
Colburn Patrick J $205,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Steven H $204,000
Closed Schaffer Steven H $204,000
Previous Owner Colburn Patrick J $198,200
Previous Owner Colburn Patrick J $205,900
Previous Owner Colburn Patrick Jerome $9,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $255,000 -1.9% $304 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $259,900 -5.5% $309 / Sq Ft
12/06/2023 12/06/23 Price Changed $275,000 -8.3% $327 / Sq Ft
11/17/2023 11/17/23 For Sale $299,900 -- $357 / 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 $3,324 $254,567 -- --
2024 $3,324 $246,233 $0 $0
2023 $3,889 $237,900 $71,300 $166,600
2022 $3,326 $257,900 $0 $0
2021 $2,559 $247,900 $0 $0
2020 $2,420 $237,900 $30,000 $207,900
2019 $2,407 $236,233 $0 $0
2018 $2,402 $234,567 $0 $0
2017 $2,410 $232,900 $0 $0
2016 -- $227,900 $0 $0
2015 $1,965 $222,900 $0 $0
2014 $1,965 $217,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Timothy Horst

    Seller's Agent in 2024

    Timothy Horst

    Long & Foster

    (301) 370-3864

    3 in this area

    134 Total Sales

    Timothy Horst
    Section Image
  • Drew Lowe

    Buyer's Agent in 2024

    Drew Lowe

    Long & Foster

    (301) 830-1398

    3 in this area

    113 Total Sales

    Drew Lowe
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2113686

Bright MLS

APN: 04-03592937

Maryland Montgomery County Rockville 20850 Central Rockville

38 Maryland Ave Unit 310, Rockville, MD

This home is located at 38 Maryland Ave Unit 310, Rockville, MD 20850 since 17 November 2023 and is currently estimated at $308,276, approximately $366 per square foot. This property was built in 2007. 38 Maryland Ave Unit 310 is a home located in Montgomery County with nearby schools including Beall Elementary School, Julius West Middle School, and Richard Montgomery High School.

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