$500,000
SOLD APR 4, 2023
2 Beds
2 Baths
1,641 Sq Ft
$506/mo HOA Fee

Recently Sold

$305 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Community Pool
  • Colonial Architecture
  • 1 Fireplace
  • Tennis Courts

About This Home

As of June 2025

Welcome to this elegant 2 bedroom 2 bath luxury home. Features include hardwood floors, all new appliances, detached garage, walk-in closet, fireplace and a family room off the kitchen. King Farm is conveniently located near the Shady Groove METRO Station and shopping. Building has an elevator!!

Community amenities include community pools, clubhouse, fitness center, shuttle bus, parks and more.

Seller requests that the Buyer use Paragon Title as they have been working with the Trust.

OFFERS DUE MONDAY FEB 27 AT 2pm!!!!

Last Agent to Sell the Property

Brad Rozansky

Compass License #AB100082 Listed on: 02/22/2023

Compass

Last Buyer's Agent

Judith Kelly

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,117

Year Built

  • Built in 2001

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $506 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage

Home Design

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

Interior Spaces

  • 1,641 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Family Room Off Kitchen
  • Formal Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 160403350015
  • $165 Front Foot Fee per year

Community Details

Overview

  • Association fees include custodial services maintenance, insurance, lawn care front, lawn care rear, lawn maintenance, management, parking fee, snow removal, pool(s), reserve funds
  • Mid-Rise Condominium
  • King Farm Bailey Condos
  • King Farm Subdivision
  • Property Manager

Amenities

  • 1 Elevator

Recreation

  • Tennis Courts
  • Baseball Field
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,117

Year Built

Built in 2001

Lot Details

0

HOA Fees

$506 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2001
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to this elegant 2 bedroom 2 bath luxury home. Features include hardwood floors, all new appliances, detached garage, walk-in closet, fireplace and a family room off the kitchen. King Farm is conveniently located near the Shady Groove METRO Station and shopping. Building has an elevator!! Community amenities include community pools, clubhouse, fitness center, shuttle bus, parks and more. Seller requests that the Buyer use Paragon Title as they have been working with the Trust. OFFERS DUE MONDAY FEB 27 AT 2pm!!!!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Built-In Range
  • Entry Floor: 1
  • Interior Amenities: Crown Moldings, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Island, Recessed Lighting, Sprinkler System, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1641
  • Living Area Sq Ft: 1641
  • Price Per Sq Ft: 289.40
  • Above Grade Finished Sq Ft: 1641
  • 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, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Sidewalks
  • Spa: 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
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 506.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: King Farm Bailey
  • HOA Condo Co-Op Amenities: Basketball Courts, Baseball Field, Pool - Outdoor, Tennis Courts, Tot Lots/Playground, Elevator
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Insurance, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Management, Parking Fee, Snow Removal, Pool(s), Reserve Funds
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ROSEMONT
  • Middle School: FOREST OAK
  • High School: GAITHERSBURG
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: ROSEMONT
  • High School: GAITHERSBURG
  • Middle Or Junior School: FOREST OAK

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 266000.00
  • Land Assessed Value: 114000.00
  • Land Use Code: U
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: CPD1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14085664
  • Tax Annual Amount: 5117.00
  • Assessor Parcel Number: 160403350015
  • Tax Total Finished Sq Ft: 1641
  • County Tax Payment Frequency: Semi-Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 04/04/2023

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
May 6, 2025
Closed on
Jun 23, 2025
Sold by
Robinson Kevin and Robinson Marci
Bought by
Schoenbrun Revocable Trust and Schoenbrun
Seller's Agent
Diane Rulka
Weichert, REALTORS
Buyer's Agent
Eris Norman
TTR Sotheby's International Realty
List Price
$575,000
Sold Price
$575,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.14%
Original Mortgage
$460,000
Outstanding Balance
$459,215
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$109,443

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 28, 2023
Sold by
Mildred C Becker Revocable Trust
Bought by
Robinson Kevin and Robinson Marci
Seller's Agent
Brad Rozansky
Compass
Buyer's Agent
Judith Kelly
Long & Foster Real Estate, Inc.
List Price
$474,900
Sold Price
$500,000
Premium/Discount to List
$25,100
5.29%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
VA

Purchase Details

Closed on
Sep 21, 2001
Sold by
King Farm Partners Two Limited
Bought by
Becker Mildred C
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 Type Sale Price Title Company
Deed $575,000 Stewart Title Guaranty Company
Deed $575,000 Stewart Title Guaranty Company
Deed $500,000 Paragon Title
Deed $212,701 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Closed $460,000 New Conventional
Previous Owner $500,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $575,000 0.0% $350 / Sq Ft
05/06/2025 05/06/25 For Sale $575,000 +15.0% $350 / Sq Ft
04/04/2023 04/04/23 Sold $500,000 +5.3% $305 / Sq Ft
02/22/2023 02/22/23 For Sale $474,900 -- $289 / 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 $5,547 $420,000 -- --
2024 $5,547 $400,000 $0 $0
2023 $5,948 $380,000 $114,000 $266,000
2022 $4,900 $380,000 $114,000 $266,000
2021 $0 $380,000 $114,000 $266,000
2020 $0 $380,000 $114,000 $266,000
2019 $4,358 $373,333 $0 $0
2018 $4,777 $366,667 $0 $0
2017 $1,104 $360,000 $0 $0
2016 -- $346,667 $0 $0
2015 $3,974 $333,333 $0 $0
2014 $3,974 $320,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2083224

Bright MLS

APN: 04-03350015