J
Seller's Agent in 2023
J. Dominic Vito Vito
Long & Foster
(240) 338-2654
1 in this area
79 Total Sales
404 King Farm Blvd Unit 40405 Rockville, MD 20850
King Farm NeighborhoodEstimated Value: $402,000 - $454,000
2
Beds
2.5
Baths
1,172
Sq Ft
$552/mo
HOA Fee
Highlights
- Fitness Center
- Traditional Architecture
- Community Pool
- Clubhouse
- Beauty Salon
- Baseball Field
About This Home
As of August 2023ALL OFFERS DUE BY 5:00pm Monday June 26th. Fantastic 2 bedroom 2.5 bath condo with nearly 1,100 square feet of luxurious living space , this condo is conveniently located in the Village of King Farm. Step inside to an open floor plan with abundant natural light and hardwood floors on the first level and fresh carpet (2020 on the upper level and stairs. The kitchen features granite counters, stainless steel appliances, a bar counter with seating, and is open to the main living space making it ideal for entertaining. The first floor also includes a dining area, a bright and sunny living room, a powder bath, and a large coat closet. Step upstairs to a large and bright primary bedroom with dual closets, plus an ensuite bathroom. The second bedroom offers a spacious walk-in closet and its own ensuite bathroom with a large shower/tub combo. A washer and dryer is also conveniently located on the second floor. The condo provides access to 2 pools, fitness center, gated parking, guest parking, and a large storage unit. Enjoy this convenient location just steps from shops, dining, and multiple parks offering sports courts, a dog park, and playgrounds. Commuting is easy with less than a mile to Shady Grove Metro and I-270, also free shuttles to the metro every 20 minutes! Don’t miss this turnkey condo made for comfortable living and its finest!
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. License #SP200201446 Listed on: 06/06/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,272
Year Built
- Built in 2001
HOA Fees
- $552 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 1,172 Sq Ft Home
- Property has 2 Levels
- Security Gate
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
- Assigned Parking
Accessible Home Design
- Accessible Elevator Installed
Schools
- Rosemont Elementary School
- Forest Oak Middle School
- Gaithersburg High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 160403669198
- $171 Front Foot Fee per year
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, parking fee, pool(s), snow removal, security gate, trash, reserve funds, management, insurance
- Low-Rise Condominium
- Village At King Farm Center Condos
- King Farm Village Center Subdivision
Amenities
- Picnic Area
- Common Area
- Bank or Banking On-Site
- Beauty Salon
- Clubhouse
- Community Center
- Meeting Room
- Party Room
- 1 Elevator
- Community Storage Space
Recreation
- Baseball Field
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Jogging Path
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2023
Closed on
Aug 11, 2023
Sold by
Shafie Elana
Bought by
Kim Seohwa
Seller's Agent
J. Dominic Vito Vito
Long & Foster Real Estate, Inc.
Buyer's Agent
Ronnie Oh Lee
DIAMANTS FINE PROPERTY LLC
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
121
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
$38,695
Avg. Annual Appreciation
5.59%
Original Mortgage
$365,750
Outstanding Balance
$359,178
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$69,843
Purchase Details
Closed on
Sep 28, 2017
Sold by
Sadat Aalaee Dean and Sadat Aalaee Dean
Bought by
Medin Elana
Purchase Details
Closed on
Jul 14, 2014
Sold by
Housing Opportunities Commission
Bought by
Sadat Aalaee Dean and Sadat Aalaee Fareedeh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
4.18%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kim Seohwa | $385,000 | First American Title | |
| Medin Elana | $324,000 | None Available | |
| Sadat Aalaee Dean | $249,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kim Seohwa | $365,750 | |
| Previous Owner | Medin Elana | $253,050 | |
| Previous Owner | Sadat Aalaee Dean | $236,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $385,000 | +1.3% | $328 / Sq Ft |
| 06/27/2023 06/27/23 | Pending | -- | -- | -- |
| 06/22/2023 06/22/23 | For Sale | $379,900 | -1.3% | $324 / Sq Ft |
| 06/06/2023 06/06/23 | Off Market | $385,000 | -- | -- |
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 | $4,546 | $340,000 | $0 | $0 |
| 2023 | $5,018 | $325,000 | $97,500 | $227,500 |
| 2022 | $4,084 | $316,667 | $0 | $0 |
| 2021 | $3,490 | $308,333 | $0 | $0 |
| 2020 | $3,384 | $300,000 | $90,000 | $210,000 |
| 2019 | $3,106 | $278,333 | $0 | $0 |
| 2018 | $2,848 | $256,667 | $0 | $0 |
| 2017 | $2,556 | $235,000 | $0 | $0 |
| 2016 | -- | $226,667 | $0 | $0 |
| 2015 | $82 | $218,333 | $0 | $0 |
| 2014 | $82 | $210,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2023
Ronnie Oh Lee
DIAMANTS FINE PROPERTY LLC
(703) 354-3540
1 in this area
9 Total Sales
Map
Source: Bright MLS
MLS Number: MDMC2095274
APN: 04-03669198
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