NOT LISTED FOR SALE

502 King Farm Blvd Rockville, MD 20850

King Farm Neighborhood

Estimated Value: $472,000 - $504,000

2 Beds
2 Baths
1,464 Sq Ft
$420/mo HOA Fee

Last Sold March 30, 2016

Last sale price $327,890 $224 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,452/month

Highlights

  • Transportation Service
  • Traditional Architecture
  • Tennis Courts
  • Traditional Floor Plan
  • 1 Fireplace
  • Community Center

About This Home

As of March 2016

New carpet floors, granite counter top, fresh paint, MOVE-IN READY! The best deal in the neighborhood with stores/restaurants/shops and walking to the Metro. The community offers community center/pools/basketball/tennis courts/parks and more. It features 2 bedrooms and 2 full bath, kitchen/w separated breakfast room and dinning room, gas fireplace and laundry inside the unit. Don't miss it out!

Last Agent to Sell the Property

Jing He

UnionPlus Realty, Inc. Listed on: 01/06/2016

Last Buyer's Agent

Jane Shue

Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,017

Year Built

  • Built in 2001

Lot Details

  • 2,091

HOA Fees

  • $420 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • 1 Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Dining Room

Kitchen

  • Breakfast Room
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Washer

Parking

  • Parking Space Number Location: 2
  • Rented or Permit Required
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Rosemont Elementary School
  • Forest Oak Middle School
  • Gaithersburg High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403350128
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, parking fee, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • King Farm Co. Community
  • King Farm Baileys Common Subdivision

Amenities

  • Transportation Service
  • Day Care Facility
  • Picnic Area
  • Community Center
  • Convenience Store

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,017

Year Built

Built in 2001

Lot Details

0

HOA Fees

$420 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
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Remarks Public: New carpet floors, granite counter top, fresh paint, MOVE-IN READY! The best deal in the neighborhood with stores/restaurants/shops and walking to the Metro. The community offers community center/pools/basketball/tennis courts/parks and more. It features 2 bedrooms and 2 full bath, kitchen/w separated breakfast room and dinning room, gas fireplace and laundry inside the unit. Don't miss it out!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Dining Area, Breakfast Area, Window Treatments, Primary Bath(s), Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Family Room, Foyer, Breakfast Room, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1464
  • Living Area Sq Ft: 1464
  • Price Per Sq Ft: 231.56
  • Above Grade Finished Sq Ft: 1464
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

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: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required, Unassigned
  • Parking Space Number Assigned: 2

Utilities

  • Refuse: 16.73
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Central
  • 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: 420.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Bike Trail, Community Center, Day Care, Convenience Store, Elevator, Jog/Walk Path, Picnic Area, Tennis Courts, Transportation Service, Tot Lots/Playground, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSEMONT
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • School District Key: 121138126809
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 231000.00
  • Land Assessed Value: 99000.00
  • Property Attached Yn: Yes
  • Year Assessed: 2015
  • Zoning: CPD1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14085673
  • Tax Annual Amount: 4016.74
  • Assessor Parcel Number: 160403350128
  • Tax Total Finished Sq Ft: 1464
  • Tax Year: 2014
  • Close Date: 03/30/2016

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 6, 2016
Closed on
Mar 30, 2016
Sold by
National Residential Nomininee Services
Bought by
Cen Zhenhua and Wang Shoumin
Seller's Agent
Jing He
UnionPlus Realty, Inc.
Buyer's Agent
Jane Shue
Samson Properties
List Price
$349,000
Sold Price
$327,890
Premium/Discount to List
-$21,110
-6.05%
Current Estimated Value
$489,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,556
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Fass Nancy W and Fass Irving L
Bought by
Zhang Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2002
Sold by
Fass Nancy W
Bought by
Fass Nancy W and Fass Irving L

Purchase Details

Closed on
Sep 21, 2001
Sold by
King Farm Partners Two Limited
Bought by
Fass Nancy W and Fass Irving L
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
Cen Zhenhua $327,890 Brennan Title Company
National Residential Nominee Services In $327,890 Brennan Title Company
Zhang Shu $298,000 None Available
Fass Nancy W -- --
Fass Nancy W $180,973 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Shu $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $327,890 -3.3% $224 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/01/2016 03/01/16 Price Changed $339,000 -2.9% $232 / Sq Ft
01/06/2016 01/06/16 For Sale $349,000 -- $238 / 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 $1,227 $330,000 $99,000 $231,000
2022 $4,256 $330,000 $99,000 $231,000
2021 $3,797 $330,000 $99,000 $231,000
2020 $58 $330,000 $99,000 $231,000
2019 $934 $330,000 $99,000 $231,000
2018 $1,179 $330,000 $99,000 $231,000
2017 $229 $330,000 $0 $0
2016 -- $316,667 $0 $0
2015 $3,591 $303,333 $0 $0
2014 $3,591 $290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jing He

    Seller's Agent in 2016

    Jing He

    UnionPlus Realty, Inc.

    (301) 318-2876

    1 in this area

    87 Total Sales

    Jing He
    Section Image
  • Jane Shue

    Buyer's Agent in 2016

    Jane Shue

    Samson Properties

    (301) 213-3051

    70 Total Sales

    Jane Shue
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002396365

Bright MLS

APN: 04-03350128

Maryland Montgomery County Rockville 20850 King Farm

502 King Farm Blvd, Rockville, MD

This home is located at 502 King Farm Blvd, Rockville, MD 20850 since 06 January 2016 and is currently estimated at $489,446, approximately $334 per square foot. This property was built in 2001. 502 King Farm Blvd is a home located in Montgomery County with nearby schools including Gaithersburg Middle School, Gaithersburg High School, and St Martin Of Tours School.

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