NOT LISTED FOR SALE

38 Maryland Ave Unit 525 Rockville, MD 20850

Central Rockville Neighborhood

Estimated Value: $484,000 - $527,000

2 Beds
2 Baths
1,204 Sq Ft
$549/mo HOA Fee

Last Sold December 12, 2019

Last sale price $410,000 $341 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,728/month

Highlights

  • Concierge
  • 5-minute walk to Rockville
  • Private Pool
  • Beall Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Courthouse Square Park

About This Home

As of December 2019

This home is located at 38 Maryland Ave Unit 525, Rockville, MD 20850 since 10 September 2019 and is currently estimated at $506,210, approximately $420 per square foot. This property was built in 2007. 38 Maryland Ave Unit 525 is a home located in Montgomery County with nearby schools including Beall Elementary School, Julius West Middle School, and Richard Montgomery High School.

Last Agent to Sell the Property

Susie Yoon

Taylor Properties License #586274 Listed on: 09/10/2019

Taylor Properties

Last Buyer's Agent

Mary Cunningham

Berkshire Hathaway HomeServices PenFed Realty License #RS-0025031

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 2007

Lot Details

  • 44

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Side Facing Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,204 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • No Interior Steps
  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 160403593761

Community Details

Overview

  • Association fees include exterior building maintenance, health club, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, parking fee, recreation facility, pool(s), road maintenance, security gate, sewer, snow removal, trash
  • Mid-Rise Condominium
  • Palladin Codm At Community
  • Palladian Subdivision

Amenities

  • Concierge
  • Clubhouse
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,999

Year Built

Built in 2007

Lot Details

0

HOA Fees

$549 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
  • Accessibility Features: No Stairs
  • Ownership: Condominium
  • Inclusions: One garage parking, club room, swimming pool, and gym.
  • New Construction: No
  • Story List: Main
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 525
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1204
  • Living Area Sq Ft: 1204
  • Price Per Sq Ft: 352.99
  • Above Grade Finished Sq Ft: 1204
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 549.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Club House, Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Library, Meeting Room, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Health Club, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Recreation Facility, Pool(s), Road Maintenance, Security Gate, Sewer, Snow Removal, Trash
  • 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: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: BEALL
  • High School: RICHARD MONTGOMERY
  • Middle Or Junior School: JULIUS WEST

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 338100.00
  • Land Assessed Value: 144800.00
  • Land Use Code: 011
  • Year Assessed: 2019
  • Zoning: TC4
  • In City Limits: Yes

Rental Info

  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14107848
  • Tax Annual Amount: 4999.00
  • Assessor Parcel Number: 160403593761
  • Tax Total Finished Sq Ft: 1204
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 12/12/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 6, 2019
Sold by
Moore David F
Bought by
Garnier Christopher Krit
Seller's Agent
Susie Yoon
Taylor Properties
Buyer's Agent
Mary Cunningham
Berkshire Hathaway HomeServices PenFed Realty
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$506,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,210
Avg. Annual Appreciation
3.47%
Original Mortgage
$260,000
Outstanding Balance
$229,720
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$269,495

Purchase Details

Closed on
Aug 15, 2008
Sold by
Rts Residential Block 5 Llc
Bought by
Moore David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2008
Sold by
Rts Residential Block 5 Llc
Bought by
Moore David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Garnier Christopher Krit $410,000 Main Street Settlements Inc
Moore David F $575,000 --
Moore David F $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garnier Christopher Krit $260,000
Previous Owner Moore David F $489,050
Previous Owner Moore David F $517,500
Previous Owner Moore David F $517,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $410,000 -3.5% $341 / Sq Ft
09/10/2019 09/10/19 For Sale $425,000 0.0% $353 / Sq Ft
03/01/2018 03/01/18 Rented $2,100 0.0% --
02/24/2018 02/24/18 Under Contract -- -- --
01/27/2018 01/27/18 For Rent $2,100 -- --
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 $5,787 $439,567 -- --
2024 $5,787 $431,233 $0 $0
2023 $6,341 $422,900 $126,800 $296,100
2022 $4,631 $409,567 $0 $0
2021 $4,481 $396,233 $0 $0
2020 $8,585 $382,900 $114,800 $268,100
2019 $5,000 $382,900 $114,800 $268,100
2018 $5,027 $382,900 $114,800 $268,100
2017 $5,838 $482,900 $0 $0
2016 $5,758 $482,900 $0 $0
2015 $5,758 $482,900 $0 $0
2014 $5,758 $502,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Susie Yoon

    Taylor Properties

    (240) 481-0465

    23 Total Sales

    Susie Yoon
    Section Image
  • Mary Cunningham

    Buyer's Agent in 2019

    Mary Cunningham

    BHHS PenFed (actual)

    (301) 801-1985

    2 in this area

    22 Total Sales

    Mary Cunningham
    Section Image
  • Don Stanley

    Seller's Agent in 2018

    Don Stanley

    RE/MAX

    (301) 919-8287

    77 Total Sales

    Don Stanley
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC678324

Bright MLS

APN: 04-03593761

Maryland Montgomery County Rockville 20850 Central Rockville

38 Maryland Ave Unit 525, Rockville, MD

This home is located at 38 Maryland Ave Unit 525, Rockville, MD 20850 since 10 September 2019 and is currently estimated at $506,210, approximately $420 per square foot. This property was built in 2007. 38 Maryland Ave Unit 525 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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