NOT LISTED FOR SALE

403 King Farm Blvd Unit 101 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $517,000 - $552,000

2 Beds
2.5 Baths
1,600 Sq Ft
$557/mo HOA Fee

Last Sold May 20, 2016

Last sale price $400,000 $250 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,937/month

4 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Clubhouse
  • Gourmet Kitchen
  • Colonial Architecture
  • Tennis Courts

About This Home

As of May 2016

Welcome home to this spacious two bedroom condo w/ balcony. Features of this property include: hardwood floors, custom paint, double oven, pantry, breakfast bar, master bath with large tub and walk-in shower. Both bedrooms have a private bath. Condo fee includes water, pool, playgrounds, tennis and shuttle to Metro. All of this just a short walk to the shops and restaurants of King Farm.

Last Agent to Sell the Property

Jeffrey Ganz

Century 21 Redwood Realty License #0225102492 Listed on: 04/01/2016

Century 21 Redwood Realty

Last Buyer's Agent

Dennis Coleman

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 2005

HOA Fees

  • $557 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Parking Space Number Location: 4
  • 2 Assigned Parking Spaces

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

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

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 160403473047
  • $171 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Baileys Commons Community
  • King Farm Baileys Common Subdivision

Amenities

  • Common Area
  • Clubhouse
  • Party Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,871

Year Built

Built in 2005

Lot Details

0

HOA Fees

$557 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2016-04-01
  • Year Built: 2005
  • Remarks Public: Welcome home to this spacious two bedroom condo w/ balcony. Features of this property include: hardwood floors, custom paint, double oven, pantry, breakfast bar, master bath with large tub and walk-in shower. Both bedrooms have a private bath. Condo fee includes water, pool, playgrounds, tennis and shuttle to Metro. All of this just a short walk to the shops and restaurants of King Farm.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Breakfast Area, Kitchen - Gourmet, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Family Room, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1600
  • Living Area Sq Ft: 1600
  • Price Per Sq Ft: 259.38
  • Above Grade Finished Sq Ft: 1600
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 403

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 4

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 556.90
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Club House, Common Grounds, Party Room, Pool - Outdoor, Tennis Courts, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSEMONT
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Lot Info

  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4871.34
  • Assessor Parcel Number: 160403473047
  • Tax Total Finished Sq Ft: 1608
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 05/20/2016

Multi Family

  • Front Foot Fee: 170.56

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 20, 2016
Sold by
Robinson Keith and Robinson Jennifer
Bought by
Klein Elisa L
Seller's Agent
Jeffrey Ganz
Century 21 Redwood Realty
Buyer's Agent
Dennis Coleman
Compass
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$535,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,194
Avg. Annual Appreciation
3.20%
Original Mortgage
$380,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 9, 2013
Sold by
Shyu Jenny
Bought by
Robinson Keith and Robinson Jennifer
Seller's Agent
Cara Pearlman
Compass
Buyer's Agent
Jamie Flournoy
got agent?
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$351,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Belford Seth
Bought by
Shyu Jenny

Purchase Details

Closed on
Apr 5, 2005
Sold by
Simpson Calbreith K
Bought by
Belford Seth

Purchase Details

Closed on
Feb 16, 2005
Sold by
Centex Homes
Bought by
Simpson Calbreith K
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
Klein Elisa L $400,000 Fidelity Natl Title Ins Co
Robinson Keith $390,000 Michaels Title & Escrow Llc
Shyu Jenny $369,000 --
Belford Seth $461,000 --
Simpson Calbreith K $336,585 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Elisa L $353,000
Closed Klein Elisa L $380,000
Previous Owner Robinson Keith $351,000
Previous Owner Shyu Jenny $315,933
Previous Owner Shyu Jenny $316,635
Previous Owner Shyu Jenny $319,138
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $400,000 -3.6% $250 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $415,000 +6.4% $259 / Sq Ft
07/09/2013 07/09/13 Sold $390,000 0.0% $232 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $389,900 -- $232 / 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 $5,564 $436,667 -- --
2024 $5,564 $413,333 $0 $0
2023 $4,536 $390,000 $117,000 $273,000
2022 $5,029 $390,000 $117,000 $273,000
2021 $4,585 $390,000 $117,000 $273,000
2020 $4,688 $390,000 $117,000 $273,000
2019 $4,584 $390,000 $117,000 $273,000
2018 $2,865 $390,000 $117,000 $273,000
2017 $4,549 $390,000 $0 $0
2016 $4,110 $373,333 $0 $0
2015 $4,110 $356,667 $0 $0
2014 $4,110 $340,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002414969

Bright MLS

APN: 04-03473047