NOT LISTED FOR SALE

Estimated Value: $550,000 - $656,000

1 Bed
2.5 Baths
1,491 Sq Ft
$716/mo HOA Fee

Last Sold March 17, 2021

Last sale price $497,500 $334 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,472/month

Highlights

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

About This Home

As of March 2021

***PRICE IMPROVED SIGNIFICANTLY*** MODERN 2-level penthouse condominium in the Palladin with a bright, open floor plan, high ceilings, and spectacular views of the courtyard & Rockville Town Center. This contemporary and meticulously maintained 1BR 2.5BA home boasts hardwood flooring throughout, stunning 2-story living room with floor-to-ceiling picture windows and terrace access, and spacious gourmet kitchen/dining room combination with granite counters, stainless steel appliances, wood cabinetry, and custom backsplash. The owner's bedroom with large walk-in closet and luxurious en-suite bath with double sinks, jacuzzi tub, and glass-enclosed stall shower also showcase the stylish main level. Overlooking the family room, is an expansive, multi-functional loft with ceiling fan, bonus room with closet, office/den, and additional full bath. With wonderful community amenities and desirably located within walking distance to the great shops and restaurants in downtown Rockville, this move-in ready home is truly one-of-a-kind!

Last Agent to Sell the Property

Michelle Yu

(240) 888-5076 michelleyurealestate@gmail.com Long & Foster Real Estate, Inc. Listed on: 10/08/2020

Long & Foster Real Estate, Inc.

Co-Listed By

Carrie Balsam

carrie.balsam@longandfoster.com Long & Foster Real Estate, Inc. License #679194

Last Buyer's Agent

Walter Taylor

(252) 268-2596 wdtaylo1@gmail.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,211

Year Built

  • Built in 2007

Lot Details

  • Downtown Location

HOA Fees

  • $716 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Assigned parking located at #143 & 144

Home Design

  • Penthouse
  • Entry on the 6th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,491 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Combination Dining and Living Room
  • Den
  • Loft
  • Bonus Room
  • City Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

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 160403593965

Community Details

Overview

  • Association fees include custodial services maintenance, exterior building maintenance, insurance, management, reserve funds, snow removal, trash, common area maintenance, pool(s)
  • Mid-Rise Condominium
  • Palladin Codm At Community
  • Palladian Subdivision

Amenities

  • Concierge
  • Answering Service
  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,211

Year Built

Built in 2007

Lot Details

0

HOA Fees

$716 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Bi-Level, Loft
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Stove/Range, Microwave, Refrigerator with Ice Maker, Dishwasher, Disposer, Washer, Dryer, Window Treatments, Garage Door Opener, Garage Door Remote/Fob
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-09
  • Year Built: 2007
  • Assigned Parking Space Numbers: 143 & 144
  • Automatically Close On Close Date: No
  • Remarks Public: ***PRICE IMPROVED SIGNIFICANTLY*** MODERN 2-level penthouse condominium in the Palladin with a bright, open floor plan, high ceilings, and spectacular views of the courtyard & Rockville Town Center. This contemporary and meticulously maintained 1BR 2.5BA home boasts hardwood flooring throughout, stunning 2-story living room with floor-to-ceiling picture windows and terrace access, and spacious gourmet kitchen/dining room combination with granite counters, stainless steel appliances, wood cabinetry, and custom backsplash. The owner's bedroom with large walk-in closet and luxurious en-suite bath with double sinks, jacuzzi tub, and glass-enclosed stall shower also showcase the stylish main level. Overlooking the family room, is an expansive, multi-functional loft with ceiling fan, bonus room with closet, office/den, and additional full bath. With wonderful community amenities and desirably located within walking distance to the great shops and restaurants in downtown Rockville, this move-in ready home is truly one-of-a-kind!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Store/Office, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry, Loft, Office, Bonus Room, Primary Bathroom, Full Bath, Half Bath
  • Basement: No
  • Laundry Type: Main Floor
  • Total Sq Ft: 1491
  • Living Area Sq Ft: 1491
  • Price Per Sq Ft: 367.54
  • Above Grade Finished Sq Ft: 1491
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 38

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

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
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 716.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Answering Service, Billiard Room, Common Grounds, Elevator, Exercise Room, Extra Storage, Meeting Room, Party Room, Pool - Outdoor, Security, Concierge
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Snow Removal, Trash, Common Area Maintenance, Pool(s)
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 497600.00
  • Land Assessed Value: 213200.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: TC4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14107868
  • Tax Annual Amount: 8211.00
  • Assessor Parcel Number: 160403593965
  • Tax Total Finished Sq Ft: 1491
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 03/17/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Mar 17, 2021
Sold by
Garcia Maria A
Bought by
Lee Maryann
Seller's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
Buyer's Agent
Walter Taylor
Keller Williams Capital Properties
List Price
$629,000
Sold Price
$497,500
Premium/Discount to List
-$131,500
-20.91%
Current Estimated Value
$597,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,640
Avg. Annual Appreciation
3.41%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Oct 31, 2013
Sold by
Smith Donna R
Bought by
Garcia Maria A
Seller's Agent
Clifford Hageman
EXIT Realty Plus
Buyer's Agent
Alex Martinez
The Agency DC
List Price
$695,000
Sold Price
$500,000
Premium/Discount to List
-$195,000
-28.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.07%
Original Mortgage
$320,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Rts Residential Block 5 Llc
Bought by
Smith Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.25%
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
Lee Maryann $497,500 Stewart Title Guaranty Co
Garcia Maria A $500,000 Home First Title Group Llc
Smith Donna R $744,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Maria A $320,000
Previous Owner Smith Donna R $380,000
Previous Owner Smith Donna R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $497,500 -9.2% $334 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
12/03/2020 12/03/20 Price Changed $548,000 -12.9% $368 / Sq Ft
10/08/2020 10/08/20 For Sale $629,000 0.0% $422 / Sq Ft
12/15/2014 12/15/14 Rented $2,350 -6.0% --
12/01/2014 12/01/14 Under Contract -- -- --
06/21/2014 06/21/14 For Rent $2,500 0.0% --
10/31/2013 10/31/13 Sold $500,000 0.0% $333 / Sq Ft
10/02/2013 10/02/13 Price Changed $500,000 -9.1% $333 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
07/08/2013 07/08/13 Price Changed $550,000 -8.3% $366 / Sq Ft
06/12/2013 06/12/13 Price Changed $599,900 -11.1% $399 / Sq Ft
04/30/2013 04/30/13 Price Changed $675,000 -2.9% $449 / Sq Ft
03/15/2013 03/15/13 For Sale $695,000 -- $463 / 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 $6,902 $497,500 $149,200 $348,300
2024 $6,902 $515,000 $0 $0
2023 $5,946 $497,500 $149,200 $348,300
2022 $5,765 $497,500 $149,200 $348,300
2021 $11,585 $497,500 $149,200 $348,300
2020 $14,989 $630,800 $189,200 $441,600
2019 $15,039 $630,800 $189,200 $441,600
2018 $8,217 $630,800 $189,200 $441,600
2017 $7,701 $630,800 $0 $0
2016 $8,110 $621,500 $0 $0
2015 $8,110 $612,200 $0 $0
2014 $8,110 $602,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC728446

Bright MLS

APN: 04-03593965