NOT LISTED FOR SALE

500 King Farm Blvd Unit 103 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $513,000 - $550,114

3 Beds
2 Baths
1,723 Sq Ft
$512/mo HOA Fee

Last Sold September 03, 2024

Last sale price $520,000 $302 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,852/month

25 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Community Pool
  • Colonial Architecture
  • Main Floor Bedroom
  • Tennis Courts

About This Home

As of September 2024

Charming 3 Bedroom, 2 Bath Home in King Farm Community

Welcome to your dream home in the highly sought-after King Farm Community! This beautifully maintained 3-bedroom, 2-bathroom residence offers a perfect blend of elegance and comfort, ideal for modern living.

Step into a welcoming entrance foyer with a guest closet and gleaming hardwood floors. Enjoy a spacious living room featuring hardwood floors, crown molding, and a cozy gas fireplace. The formal dining room is perfect for gatherings, complete with crown and chair molding and silhouette shades for added sophistication.

The large, modern kitchen boasts ceramic tile flooring, granite countertops, a gas stove, stainless steel appliances, a microwave, a pantry, and new shades that open from both the top and bottom. Connected to the kitchen, the family room features ceramic tile flooring, crown molding, and a ceiling fan, providing a perfect space for relaxation and entertainment.

The owner’s suite offers neutral carpeting, a ceiling fan, crown molding, a large walk-in closet with an organizer, and a second closet. The en-suite bathroom includes a vanity with a granite countertop, ceramic tile flooring, and a shower. The second bedroom features a ceiling fan and a double-door closet with an organizer. The third bedroom also includes a ceiling fan and a double-door closet. The hall bath is equipped with ceramic tile flooring, a vanity, a tub/shower combination, and an updated commode. Conveniently located, the laundry closet comes with a dryer and a 1-year-old washer, along with shelving for additional storage.

Additional features include eleven updated windows, a recently updated interior heat exchanger, newer hot water heater, microwave, dishwasher refrigerator, fireplace logs and gas stove.

This home combines stylish details with practical features, ensuring comfort and convenience for its residents. Don’t miss the opportunity to make this exquisite property your new home. Schedule a showing today and experience all that this King Farm Community gem has to offer!

Last Agent to Sell the Property

Larry Prigal

RLAH @properties License #BR98379409 Listed on: 07/11/2024

RLAH @properties

Co-Listed By

Richard Prigal

RLAH @properties

Last Buyer's Agent

Benjamin Love

Revol Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 2001

Lot Details

  • 1,002

HOA Fees

  • $512 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Parking Lot

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,723 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Formal Dining Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403340973

Community Details

Overview

  • Association fees include bus service, common area maintenance, management, pool(s), recreation facility, reserve funds, water
  • Low-Rise Condominium
  • King Farm Baileys Common Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,786

Year Built

Built in 2001

Lot Details

0

HOA Fees

$512 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Remarks Public: Charming 3 Bedroom, 2 Bath Home in King Farm Community Welcome to your dream home in the highly sought-after King Farm Community! This beautifully maintained 3-bedroom, 2-bathroom residence offers a perfect blend of elegance and comfort, ideal for modern living. Step into a welcoming entrance foyer with a guest closet and gleaming hardwood floors. Enjoy a spacious living room featuring hardwood floors, crown molding, and a cozy gas fireplace. The formal dining room is perfect for gatherings, complete with crown and chair molding and silhouette shades for added sophistication. The large, modern kitchen boasts ceramic tile flooring, granite countertops, a gas stove, stainless steel appliances, a microwave, a pantry, and new shades that open from both the top and bottom. Connected to the kitchen, the family room features ceramic tile flooring, crown molding, and a ceiling fan, providing a perfect space for relaxation and entertainment. The owner’s suite offers neutral carpeting, a ceiling fan, crown molding, a large walk-in closet with an organizer, and a second closet. The en-suite bathroom includes a vanity with a granite countertop, ceramic tile flooring, and a shower. The second bedroom features a ceiling fan and a double-door closet with an organizer. The third bedroom also includes a ceiling fan and a double-door closet. The hall bath is equipped with ceramic tile flooring, a vanity, a tub/shower combination, and an updated commode. Conveniently located, the laundry closet comes with a dryer and a 1-year-old washer, along with shelving for additional storage. Additional features include eleven updated windows, a recently updated interior heat exchanger, newer hot water heater, microwave, dishwasher refrigerator, fireplace logs and gas stove. This home combines stylish details with practical features, ensuring comfort and convenience for its residents. Don’t miss the opportunity to make this exquisite property your new home. Schedule a showing today and experience all that this King Farm Community gem has to offer!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Carpet, Crown Moldings, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Pantry, Primary Bath(s), Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1723
  • Living Area Sq Ft: 1723
  • Price Per Sq Ft: 301.80
  • Above Grade Finished Sq Ft: 1723
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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 - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 511.71
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Exercise Room, Jog/Walk Path, Pool - Outdoor, Recreational Center, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Bus Service, Common Area Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Water
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5786.00
  • Assessor Parcel Number: 160403340973
  • Tax Year: 2023
  • Close Date: 09/03/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 3, 2024
Sold by
Richard O Gilbert Revocable Living Trust and Ethel S Gilbert Revocable Living Trust
Bought by
Symbol Jones and Jordan Allen
Seller's Agent
Larry Prigal
RLAH @properties
Buyer's Agent
Benjamin Love
Revol Real Estate, LLC
List Price
$540,000
Sold Price
$520,000
Premium/Discount to List
-$20,000
-3.7%
Views
126
Current Estimated Value
$524,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,632
Avg. Annual Appreciation
0.81%
Original Mortgage
$504,400
Outstanding Balance
$498,751
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$25,528

Purchase Details

Listed on
Feb 16, 2019
Closed on
Apr 3, 2019
Sold by
Han In Sop and Han Hee Ja
Bought by
Gilbert Richard O and Gilbert Ethel S
Seller's Agent
Misook Lee
Long & Foster Real Estate, Inc.
Buyer's Agent
Naomi Miner
Long & Foster Real Estate, Inc.
List Price
$479,900
Sold Price
$479,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
Aug 9, 2010
Sold by
Fredricks Oswald C
Bought by
Sop Han In and Ja Han Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Fredricks Oswald C and Fredricks Marcia J
Bought by
Fredricks Oswald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,500
Interest Rate
6.24%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 2007
Sold by
Fredricks Oswald C and Fredricks Marcia J
Bought by
Fredricks Oswald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,500
Interest Rate
6.24%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 26, 2001
Sold by
King Partners Two Ltd Ptnsp
Bought by
Fredricks Oswald C and Fredricks Marcia J
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
Symbol Jones $520,000 Fidelity National Title
Symbol Jones $520,000 Fidelity National Title
Gilbert Richard O $479,900 Rgs Title Llc
Sop Han In $415,900 --
Fredricks Oswald C -- --
Fredricks Oswald C -- --
Fredricks Oswald C $220,075 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Symbol Jones $504,400
Closed Symbol Jones $504,400
Previous Owner Han Insop $50,000
Previous Owner Fredricks Oswald C $377,500
Previous Owner Fredricks Oswald C $372,500
Previous Owner Fredricks Oswald C $372,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $520,000 0.0% $302 / Sq Ft
08/01/2024 08/01/24 Price Changed $520,000 -3.7% $302 / Sq Ft
07/11/2024 07/11/24 For Sale $540,000 +12.5% $313 / Sq Ft
04/03/2019 04/03/19 Sold $479,900 0.0% $279 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $479,900 -- $279 / 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 $6,035 $453,333 -- --
2024 $6,035 $436,667 $0 $0
2023 $5,094 $420,000 $126,000 $294,000
2022 $4,941 $420,000 $126,000 $294,000
2021 $4,963 $420,000 $126,000 $294,000
2020 $9,893 $420,000 $126,000 $294,000
2019 $4,963 $420,000 $126,000 $294,000
2018 $7,211 $420,000 $126,000 $294,000
2017 $4,988 $420,000 $0 $0
2016 $4,483 $406,667 $0 $0
2015 $4,483 $393,333 $0 $0
2014 $4,483 $380,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2139886

Bright MLS

APN: 04-03340973