NOT LISTED FOR SALE

500 King Farm Blvd Unit 304 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $465,000 - $493,000

2 Beds
2 Baths
1,464 Sq Ft
$410/mo HOA Fee

Last Sold February 01, 2018

Last sale price $318,000 $217 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,451/month

2 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Upgraded Countertops
  • Traditional Floor Plan
  • Wood Flooring
  • Community Pool

About This Home

As of February 2018

FABULOUS 2 bed/2 bath condo in the heart of King Farm! Unit features a huge eat-in sunny kitchen with Jerusalem tile and gas range!! Hardwood foyer leads to dining & living rooms with a terrace off the living room! Master suite offers a custom walk-in closet and a large master bath with separate shower. 2d bedrm is large with custom built-ins. W/D in unit. Free METRO shuttle pick-up right outside!

Last Agent to Sell the Property

Michelle Yu

Long & Foster Real Estate, Inc. Listed on: 01/13/2018

Long & Foster Real Estate, Inc.

Co-Listed By

Jody Lish

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tony Keung

Nitro Realty

Nitro Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 2001

Lot Details

  • 1,002

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Sliding Doors
  • Six Panel Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Parking

  • On-Street Parking
  • Surface Parking
  • Rented or Permit Required
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Ramp on the main level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403341124
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include water, reserve funds, insurance, lawn maintenance, snow removal, trash
  • Low-Rise Condominium
  • King Farm Two Baileys Co Community
  • King Farm Baileys Common Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,470

Year Built

Built in 2001

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Remarks Public: FABULOUS 2 bed/2 bath condo in the heart of King Farm! Unit features a huge eat-in sunny kitchen with Jerusalem tile and gas range!! Hardwood foyer leads to dining & living rooms with a terrace off the living room! Master suite offers a custom walk-in closet and a large master bath with separate shower. 2d bedrm is large with custom built-ins. W/D in unit. Free METRO shuttle pick-up right outside!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven - Single, Oven/Range - Gas, Refrigerator, Washer, Energy Star Clothes Washer
  • Interior Amenities: Dining Area, Kitchen - Table Space, Kitchen - Eat-In, Family Room Off Kitchen, Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Primary Bath(s), Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Door Features: Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 217.21
  • 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: Combination, Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned, Surface
  • Type Of Parking: On Street

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: 410.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Baseball Field, Basketball Courts, Bike Trail, Club House, Elevator, Jog/Walk Path, Pool - Outdoor, Tot Lots/Playground, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Water, Reserve Funds, Insurance, Lawn Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 231000.00
  • Land Assessed Value: 99000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2017
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14084912
  • Tax Annual Amount: 4469.67
  • Assessor Parcel Number: 160403341124
  • Tax Total Finished Sq Ft: 1464
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 02/01/2018

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

Listed on
Jan 13, 2018
Closed on
Feb 1, 2018
Sold by
Dicostanzo Frank and Dicostanzo Joan L
Bought by
Keung Marie S and The Marie S Keung Revocable Tr
Seller's Agent
Michelle Yu
Long & Foster Real Estate, Inc.
Buyer's Agent
Tony Keung
Nitro Realty
List Price
$318,000
Sold Price
$318,000
Current Estimated Value
$480,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,039
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Jun 17, 2003
Sold by
Baxter Scott C
Bought by
Dicostanzo Frank and Dicostanzo Joan L

Purchase Details

Closed on
Jun 28, 2001
Sold by
King Partners Two Ltd Ptnsp
Bought by
Baxter Scott C
Source: Public Records

Range of Values:

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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
Keung Marie S $318,000 Paragon Title & Escrow Co
Dicostanzo Frank $294,000 --
Baxter Scott C $164,715 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dicostanzo Frank $89,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $318,000 0.0% $217 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $318,000 -- $217 / 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 $3,901 $330,000 $99,000 $231,000
2022 $3,780 $330,000 $99,000 $231,000
2021 $3,798 $330,000 $99,000 $231,000
2020 $3,784 $330,000 $99,000 $231,000
2019 $3,797 $330,000 $99,000 $231,000
2018 $3,820 $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: 1004451809

Bright MLS

APN: 04-03341124