NOT LISTED FOR SALE

500 King Farm Blvd Unit 405 Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $500,000 - $549,000

2 Beds
2 Baths
1,693 Sq Ft
$409/mo HOA Fee

Last Sold April 01, 2014

Last sale price $412,000 $243 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,656/month

82 Days on Market

Highlights

  • Fitness Center
  • Rambler Architecture
  • Baseball Field
  • Traditional Floor Plan
  • Community Pool
  • 1 Car Detached Garage

About This Home

As of April 2014

Hardly lived in top floor home . Comes with a detached one car garage and a storage unit. Great open feel with neutral colors throughout. Loft overlooking living would be a great work at home office. Other features include a second bedroom with double door that open to master suite. Lots of community amenities including use of two outdoor pools, shops nearby as well as Free Shuttle To Metro.

Last Agent to Sell the Property

Martin Green

RE/MAX Realty Services License #82591 Listed on: 12/06/2013

RE/MAX Realty Services

Last Buyer's Agent

Barry Murrin

RE/MAX Pros License #76307

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,465

Year Built

  • Built in 2001

Lot Details

  • Property is in very good condition

HOA Fees

  • $409 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Rambler Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,693 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Chair Railings
  • Ceiling height of 9 feet or more
  • Window Treatments
  • Dining Area
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160403341215
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, management, insurance, water, trash
  • Low-Rise Condominium
  • Built by BOZZUTTTO
  • King Farm Baileys Common Subdivision, Ashton W/Loft Floorplan
  • Baileys Common Phase 1 Community

Recreation

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,465

Year Built

Built in 2001

Lot Details

0

HOA Fees

$409 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Ranch/Rambler
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2001
  • Remarks Public: Hardly lived in top floor home . Comes with a detached one car garage and a storage unit. Great open feel with neutral colors throughout. Loft overlooking living would be a great work at home office. Other features include a second bedroom with double door that open to master suite. Lots of community amenities including use of two outdoor pools, shops nearby as well as Free Shuttle To Metro.
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Dining Area, Primary Bath(s), Elevator, Window Treatments, Chair Railings, Floor Plan - Traditional
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Top Floor
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1693
  • Living Area Sq Ft: 1693
  • Price Per Sq Ft: 247.49
  • Above Grade Finished Sq Ft: 1693
  • 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
  • Construction Completed: 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
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 409.00
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 224000.00
  • Land Assessed Value: 96000.00
  • Property Condition: Very Good
  • Year Assessed: 2014
  • Zoning: CPD1
  • In City Limits: Yes

Building Info

  • Builder Name: BOZZUTTTO

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14084921
  • Tax Annual Amount: 4465.34
  • Assessor Parcel Number: 160403341215
  • Tax Total Finished Sq Ft: 1693
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014
  • Close Date: 04/01/2014

Multi Family

  • Front Foot Fee: 164.84
  • Metering: Fully Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Mar 28, 2014
Sold by
Wong Young Tsu and Wong Shan Yi L
Bought by
Stillman Todd E and Shieh Chingyi A
Seller's Agent
Martin Green
RE/MAX Realty Services
Buyer's Agent
Barry Murrin
RE/MAX Pros
List Price
$419,000
Sold Price
$412,000
Premium/Discount to List
-$7,000
-1.67%
Current Estimated Value
$522,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,676
Avg. Annual Appreciation
2.01%
Original Mortgage
$329,600
Outstanding Balance
$251,569
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$265,404

Purchase Details

Closed on
Apr 26, 2002
Sold by
Wong Young and Wong Tsu,
Bought by
Wong Young and Wong Tsu

Purchase Details

Closed on
Jul 5, 2001
Sold by
King Partners Two Ltd Ptnsp
Bought by
Wong Young and Wong Tsu,
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stillman Todd E $412,000 First American Title Ins Co
Wong Young $196,693 --
Wong Young $196,693 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stillman Todd E $329,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $412,000 -1.7% $243 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $419,000 -- $247 / 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 $5,680 $440,000 -- --
2024 $5,680 $410,000 $0 $0
2023 $4,564 $380,000 $114,000 $266,000
2022 $4,900 $380,000 $114,000 $266,000
2021 $4,445 $380,000 $114,000 $266,000
2020 $291 $380,000 $114,000 $266,000
2019 $4,358 $373,333 $0 $0
2018 $250 $366,667 $0 $0
2017 $8,772 $360,000 $0 $0
2016 -- $346,667 $0 $0
2015 $4,100 $333,333 $0 $0
2014 $4,100 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003781706

Bright MLS

APN: 04-03341215