NOT LISTED FOR SALE

500 King Farm Blvd Unit 205 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $458,000 - $521,000

2 Beds
2 Baths
1,464 Sq Ft
$403/mo HOA Fee

Last Sold May 14, 2015

Last sale price $360,000 $246 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,425/month

97 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Baseball Field
  • Open Floorplan
  • Community Pool
  • 1 Car Detached Garage

About This Home

As of May 2015

Contract fall through , back on market location ! One of the kind King Farm condo with elevator , comes with detached one car garage , remodeled kitchen with granite countertop . upgrade appliances, excellent condition , community amendies: two outdoor pools, tennis court , walk to shops , as well as free Shuttle to metro

Last Agent to Sell the Property

Lee-Jin Lin

Evergreen Properties License #0225019338 Listed on: 01/30/2015

Evergreen Properties

Last Buyer's Agent

Simon Kim

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 2001

Lot Details

  • 1,002

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Front

Interior Spaces

  • 1,464 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments

Kitchen

  • Gas Oven or Range
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403341055
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, management, insurance, water, trash
  • 205 Units
  • Low-Rise Condominium
  • Baileys Common Phase 1 Community
  • King Farm Baileys Common Subdivision

Recreation

  • Baseball Field
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,017

Year Built

Built in 2001

Lot Details

0

HOA Fees

$403 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: Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Remarks Public: Contract fall through , back on market location ! One of the kind King Farm condo with elevator , comes with detached one car garage , remodeled kitchen with granite countertop . upgrade appliances, excellent condition , community amendies: two outdoor pools, tennis court , walk to shops , as well as free Shuttle to metro,
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Primary Bath(s), Elevator, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 258.74
  • Above Grade Finished Sq Ft: 1464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 500

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
  • Construction Materials: Brick Front
  • Pool Private: No
  • 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
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 16.73
  • 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 Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 403.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Baseball Field, Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Management, Insurance, Water, Trash
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2014
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14084905
  • Tax Annual Amount: 4016.92
  • Assessor Parcel Number: 160403341055
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 05/14/2015

Multi Family

  • Front Foot Fee: 164.84

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2003
Sold by
Meadows Beverly J
Bought by
Chang Connie L
Current Estimated Value
$489,414

Purchase Details

Closed on
Jun 26, 2001
Sold by
King Partners Two Ltd Ptnsp
Bought by
Meadows Beverly J
Source: Public Records

Range of Values:

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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
Chang Connie L $250,000 --
Meadows Beverly J $181,059 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Connie L $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $360,000 -5.0% $246 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $378,800 0.0% $259 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
03/02/2015 03/02/15 Price Changed $378,800 -5.0% $259 / Sq Ft
01/30/2015 01/30/15 For Sale $398,800 -- $272 / 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 $5,103 $403,333 -- --
2024 $5,103 $366,667 $0 $0
2023 $794 $330,000 $99,000 $231,000
2022 $4,256 $330,000 $99,000 $231,000
2021 $1,575 $330,000 $99,000 $231,000
2020 $3,784 $330,000 $99,000 $231,000
2019 $456 $330,000 $99,000 $231,000
2018 $535 $330,000 $99,000 $231,000
2017 $3,778 $330,000 $0 $0
2016 -- $316,667 $0 $0
2015 $3,589 $303,333 $0 $0
2014 $3,589 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002304201

Bright MLS

APN: 04-03341055